Subject:
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Ture Capitalism and Property Rights (was Re: People are idiots...)
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Sat, 8 Feb 2003 03:43:56 GMT
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Viewed:
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527 times
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In lugnet.off-topic.debate, Larry Pieniazek writes:
>
> True capitalism is more than just supply and demand, it requires recognition
> of property rights. Selling stuff that you stole is just thuggery or
> fencing, not capitalism.
>
> > > A true capitalist recognizes rights and doing
> > > what's right, and does so.
> >
> > Which rights would they be?
> >
> > How does 'Doing what's right' apply to true capitalism? What *is* right?
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> All rights are property rights.
Could you explain what you mean by 'all rights are property rights'?
> What is right is to respect them.
Why? (Is it purely so capitalism will work?)
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> Fundamentally, if you think capitalism can operate without property rights,
> your understanding of capitalism is flawed. The mafia are not capitalists.
> It's socialism that operates without respect for rights, not capitalism.
No respect for rights = socialism
Respect for rights = capitalism ?
No. If all rights are property rights then:
Respect for rights = capitalism
Other than full respect for rights = other than capitalism.
Cheers
Richie
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Message has 1 Reply:
Message is in Reply To:
 | | Re: People are idiots...
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| (...) True capitalism is more than just supply and demand, it requires recognition of property rights. Selling stuff that you stole is just thuggery or fencing, not capitalism. (...) All rights are property rights. What is right is to respect them. (...) (22 years ago, 7-Feb-03, to lugnet.off-topic.debate)
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