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To: dfwgator

Yep. Capitalism is a record of how how people behave over time. Political governance and morality determine how it is expressed.


46 posted on 07/21/2015 10:47:01 AM PDT by jjotto ("Ya could look it up!")
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To: jjotto

Capitalism is the use of surplus production i.e. capital, that which is produced over and above that necessary to stay alive, to enable more production and to increase efficiency. It is the use of savings. Communism is a theory of the use of capital and is thus capitalism but the theory is nonfunctional in real life. Mercantilism is another theory of capitalism. It is marginally more productive than Communism. What we are used to calling “capitalism” is </i>free market</i> capitalism.


52 posted on 07/21/2015 11:00:23 AM PDT by ThanhPhero (Khach san La Vang hanh huong tham vieng Maria)
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