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Subject: 
Capitalism (was: People are idiots...)
Newsgroups: 
lugnet.off-topic.debate
Date: 
Mon, 10 Feb 2003 15:09:18 GMT
Viewed: 
317 times
  
Capitalism merely refers to an economic system in which the capital is
controlled by private rather than public interests.  All this "capitalists with
a conscience" stuff is silly.

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.

How do you figure?  What you're discussing is either a matter of efficiency of
the various models of capitalism that could exist or a matter of your personal
aesthetic (or causaly, both).  And what is a recognition of property rights?
If you don't recognize property rights, then you didn't steal.

All rights are property rights. What is right is to respect them.

I still want to know if you think that all people have a right to exist and
whether that's a property right.  And further, if you do think so (and I think
you must), _where_ do they have a right to exist?

In this particular case the shuttle is property and it's clearly not
abandoned property, so the salvage rules don't apply. Interfering with
recovery of the property is at least theft if not interference with the
proper operation of an investigation.

If you are careless with your model airplane and fly it into _my_ tree on _my_
land, do you have unfettered right to collect the debris from _my_ land with or
without my cooperation?  Who's property is the debris?  I'm not sure it's as
simple as you've suggested.

Fundamentally, if you think capitalism can operate without property rights,
your understanding of capitalism is flawed. The mafia are not capitalists.

I'd say that the mafia are inefficient and ugly capitalists.  But they
certainly don't believe that everything is part of the common weal.

It's socialism that operates without respect for rights, not capitalism.

I think that radical socialism and radical capitalism operate with
fundamentally different understandings of what rights are and what role they
play in policy making.  But it's an oversimplification to say that just because
one group disagrees with you on what should be thought a right(e.g. certain
entitlements like healthcare), they don't respect rights.

Chris



Message has 1 Reply:
  Re: Capitalism (was: People are idiots...)
 
(...) I agree that existence is a property right (and truly the most fundamental one). This does imply a right to a place to exist. However, assuming that the resources of the universe are limited, clearly one doesn't have an unlimited right to (...) (21 years ago, 10-Feb-03, to lugnet.off-topic.debate)

Message is in Reply To:
  Re: People are idiots...
 
(...) 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. (...) (21 years ago, 7-Feb-03, to lugnet.off-topic.debate)

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