Capitalism as pictured by Adam Smith:
"Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men. The sovereign is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable delusions, and for the proper performance of which no human wisdom or knowledge could ever be sufficient; the duty of superintending the industry of private people, and of directing it towards the employments most suitable to the interest of the society." - Wealth of Nation, Chapter 9.

Libertarianism - Machinery of Freedom 2nd edition: Daviddfriedman.com

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A few thoughts about money...

A few thoughts about money...

News 8 comments

First article yay =)! Baby steps... What defines money? Is money the root of all evil, and if so, what is the root of money?

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Venteus
Venteus

Does anyone look at page anymore?

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NoNameBadass
NoNameBadass

yes

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Reborn:X Creator
Reborn:X

This group is pretty much dead for months I believe.

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Predator_828
Predator_828

There is a Capitalist group as well now, starting to feel like the cold war on moddb XD

I am more in favor of a mixed economy, pure communism is a demonstrated failure, on the other hand, pure capitalism can become extremely unethical.

I have to say though, I am always more of a capitalist by heart. If I had to choose one or the other. I would go with capitalism!

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λpone Online
λpone

Pure communism has never been demonstrated. What you saw was state capitalism.

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CommanderDG Creator
CommanderDG

Well to begin, my apologies to have neglected this group. I am busy with diverse university issues. Not a good excuse, granted, but please try to understand. I will from time to time answer or comment if I have the time. Finally, merry chrismas and happy new year everyone, sorry about being late. I will add some stuff in a few moments.

Hmmm, we've got an irony here *looking at the post below*.

Feel free to add your own picture, articles and video.

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#k
#k

i see myself as a relatively humble conservative, i listen and do not get "temper flares," but when i see abominations like this...it disgusts me

Exerpt from the communist page, written by comradestalin

what what happened in the Tiananmen square is something what USSR military had to do in 1991. Chineese government didn't crap their pants and crushed that clownery in the square. Thanks to it, now they are actually CHINA, and not a bunch of puppet pseudo-independent formations with rudimentary elements of statehood, ruled by local princelings and with oratory about democracy like most of post-soviet counntries are nowadays.

Besides, do you really think that a state can't normally exist without speculation and street hucksters? Or that a stranger from nowhere will be more effective manager than a state machine? Bureaucracy (in good sense) is much more effective than a private owner in most of spheres. That's a fact. And that't what China did - they allowed market relations in segments, where strict governmental controll is not needed.
And that has sense.

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CommanderDG Creator
CommanderDG

It's funny because China is a capitalist country, state capitalist, but it's capitalism nonetheless. Capitalism works, Socialism doesn't. Wake up people!

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Admiral-165
Admiral-165

Socialism seems to be working for some European countries... or do you mean 'Socialist' countries like North Korea and Pre-Xiaoping China?

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Sakura Matou

Really? Because I'm from Europe and I see the socialist entitlement Policys of the EU unraveling every day and tearing apart Europe and it's economy. Wow I must be completely Blind. Also countries like Sweden are NOT completely socialist unlike other EU countries. They just don't HAND out free money, you can start your own Bizz pretty easily unlike most of the EU and now the US it seems, The gov stays out of your way plus they have ridiculous sales Tax and Income tax. Most of their taxes collected go back to the people of Sweden, not to the Liberal, Socialist Moochers.

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Sakura Matou

Oh look at the liberal who down-voted me because they know I am right.. Typical Liberal.

You know I don't down vote people I disagree with right?

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CommanderDG Creator
CommanderDG

What countries do you have in mind?
But yea I was referring to the latter.

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ParkChungHeeFan
ParkChungHeeFan

Norway, Denmark, Sweden, etc.

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