Misconceptions about Capitalism by profitgenerator

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Misconceptions about Capitalism
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After a heated discussion with a left wing anarchist, probably communist: @anarchyhasnogods, I have to debunk a few misconceptions about capitalism. Of course he can't comprehend a few basic concepts but he was also very insulting, as generally leftists are.
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So I explain some basic principles of capitalism, very bluntly, so that everyone can understand it once and for all.
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# Capitalism is not there to babysit you

That is right, capitalism is not a government, a capitalists job is not there to babysit you. It's not there to feed you. It's not there to cloth you.

Capitalism is a system of freedom. Now what you do with that freedom is your choice. You can either start working, or creating a business. Or you can spend that time complaining about why the "evil" capitalist is not giving his money to you.

That is what it is, capitalism is not a welfare system for workers. You can still help out poor people with charity, but that is not it's primary goal. In an advanced market system there will be no poor people, and the remaining poor people should be taken care of by their friends, family, community and allies. Economics is not government welfare, it's freedom.

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# Capitalism is not there to give a job for you

Capitalism is not there to give jobs to people. That is a byproduct. As I said, capitalism is freedom. You can either find a good job by matching your skills with available opportunities, or you can create a business, either way, it's your freedom of choice.

If you don't have a job, you may have time that is needed to learn a profession to make money. You can start up a business and then you can give jobs to other people, but that is not the point. The point is to make money, and you can only do that by creating a product or a service.

So you are serving the customer, therefore prices should go down in a free economy. And this means that wages go down as well. It's just how it is. But there is no reason why in a free economy people can't survive, unless it's a government created problem. Freedom should never be a hostile thing.

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# Your employer doesn't steal your money

Your employer doesn't steal your money, the government does. Your gross salary is what your labor is worth. That's it.

If you are unable to negotiate a higher salary, or are unworthy of it by lacking some skills, or if there are too many people competing for your position, then your salary will be low, and by definition that is what you deserve.

Now your gross salary is what you deserve, however you only get the net salary. Usually half of it is stolen away by government. So the thief is the government, not the capitalist.

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# Corporate system is not Capitalism

A corporation is a government chartered public entity. It's more close to aristocracy than to capitalism. Capitalism is the next phase of human evolution after 10,000 years of slavery and aristocracy. A corporate system is a nasty attempt to restore slavery.

A capitalist economy is based on voluntary market interactions. The only reason why this is disturbed is because of the existence of governments, and not even small ones. Governments that usually make up 50% of the GDP by spending, and probably have 70-80% control over it by laws.

So you can't really call capitalism our current system. It's a fascist/corporate/aristocratic system with all kinds of tyranny built in it.

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That's all, I hope many things are clarified. Capitalism is just freedom, and you should not fear freedom. If you do, then you will only get tyranny in return.

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https://pixabay.com


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@onetree ·
Good explanation. It is unfortunate when differences of opinion degenerate into name calling. What we need more than anything is to find some way to all stand together against the governments who enslave us. No matter if we approach the matter from the *right* or *left*.
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@profitgenerator ·
It is indeed a shame, because freedom minded people should be working together against tyranny, and not working against eachother.

The divide and conquer effect based on some basic misunderstandings is really shameful.
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@freebornangel ·
So, stop doing it?
I know I've played the crapitalust games long enough to recognize that some are more equal than others.
That is not going to change no matter who is in charge, you, them, us.
Either way, the poor will clean the toilets and the playthings of the rich will not.
It's just the nature of the game,...
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@dumar022 ·
Upvoted and I appreciate your post. Man, I don't know where you live, but here capitalism ruined the whole country.   I don't believe that true and real capitalism ever existed. Also communism. The priest I know says that the first and the only communist was Jesus. Croatia was many years in transition between communistic regime and capitalism and our politicians seized the opportunity to robe us. It is different from county to country and you write like it is matter of whole world.
>Capitalism is a system of freedom. Now what you do with that freedom is your choice.

When they gave us our "freedom" we started to kill each other.
> You can either find a good job by matching your skills with available opportunities, or you can create a business, either way, it's your freedom of choice.

No, we can't find any jobs here, or even start some business, no, no, no if your daddy wasn't a minister or something. 
> Your employer doesn't steal your money, the government does. 

Yes, he does here. And government does also. 

You see, nothing can't work as it should, especially here. 

> If you are unable to negotiate a higher salary, or are unworthy of it by lacking some skills, or if there are too many people competing for your position, then your salary will be low, and by definition that is what you deserve.

You can't negotiate for better salary in Croatia without any bribe. And Capitalistic society made corruption easier. It's not the system, it's the people. 
It is easy to write about systems if you haven't felt them on your own skin!
Shame for @anarchyhasnogods because of his disability to have a normal conversation. 
Peace! :)
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@profitgenerator ·
> Upvoted and I appreciate your post. Man, I don't know where you live, but here capitalism ruined the whole country. I don't believe that true and real capitalism ever existed. Also communism. 

That is why I believe capitalism can only exist in a quantifiable world like the internet. Humans are indeed the problem, that is why a well defined precise platform is needed before we do anything.

Therefore blockchain technology and transparent cryptographically proven accounting is the solution.

> When they gave us our "freedom" we started to kill each other.

That is shameful, but the ethnic conflict can be resolved with autonomy and decentralization of political power.

> No, we can't find any jobs here, or even start some business, no, no, no if your daddy wasn't a minister or something.

Again, the government licensing and the corporate mafia is a byproduct of entrenched political establishments.

Capitalism is the opposite of this, think of it like the wild west of bitcoin, before the government put their nose in it. Without that there would be no Steemit and none of this would have existed.

> You can't negotiate for better salary in Croatia without any bribe. And Capitalistic society made corruption easier. It's not the system, it's the people.

Again it's 95% the fault of the governmental entrenched politics. Capitalism is about the small business owner and inventor, not about the aristocratic tyrants. That is the whole point.
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@dumar022 ·
> That is why I believe capitalism can only exist in a quantifiable world like the internet. 

Completely agree! Thanks for your answer
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@everittdmickey ·
apparently you people need rulers.
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@mus ·
Off-topic question: How much do you think these posts will be worth once the reward pool reboots? Just out of curiosity.
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@profitgenerator ·
What do you mean? My posts are not really high worth. I'd be better off posting cat pictures here, however I am not posting here because of the money, it's just a hobby.
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@mus ·
The reward pool is currently resetting; no one has high payouts. But in about a month, they will bounce back to what they actually should be worth, and that's the reason I'm asking.
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@telos ·
>Capitalism is a system of freedom. Now what you do with that freedom is your choice. 

Yes, like selling people's private data or dumping so many pollutants into a river that it catches on fire.

https://nedtillman.files.wordpress.com/2016/05/cuyahoga-river.png

>A corporation is a government chartered public entity. 

Your mistake is thinking that a corporation needs a government to exist. It's just a group of people working together to grow and expand a business. It would still exist, it just wouldn't have to file paperwork to be named as a corporation.
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@profitgenerator · (edited)
> Yes, like selling people's private data

I have criticized that, and I am not ok with that. But it's the government that forces you to have an ID and to share your legal info with companies when entering a contract (which they sell after, but that is not the point, the info was already gathered). If it were up to me, I would just use an anonymous GPG key for that.

> pollutants into a river that it catches on fire

The corporation, which is a government chartered entity, is legally shielded from class action lawsuits. In a world without government, everyone would be personally responsible for their deeds. This lawyering bullshit would not stand.

> Your mistake is thinking that a corporation needs a government to exist. It's just a group of people working together to grow and expand a business. It would still exist, it just wouldn't have to file paperwork to be named as a corporation.

I know, the corporation was created by the government to give a legal shield to scammers. If it's removed, then businesses will be forced to be honest, because then they would actually be responsible for bad stuff.
👍  
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@telos · (edited)
>The corporation, which is a government chartered entity, is legally shielded from class action lawsuits. In a world without government, everyone would be personally responsible for their deeds. This lawyering bullshit would not stand.

That's funny... I just got a check for a class action lawsuit that a corporation lost. 

So no, that's not what a corporation is. However, go back to your earlier point... if you can register for an ISP without your legal info, why couldn't businessmen run a business without that? (Hint: You can actually structure LLC's that way today to protect yourself from liability.)

Second, yeah the lawyering probably would stop... because there'd be no laws. People with the resources to hire security forces would take care of any complaints.

>I know, the corporation was created by the government to give a legal shield to scammers. If it's removed, then businesses will be forced to be honest, because then they would actually be responsible for bad stuff.

Responsible to who? A bunch of people without money? Why don't the people just stand up to mafias for instance? Oh right, because they're the ones paying the thugs.

EDIT: In fact, a corporation is probably mostly about taxes and a means of legally defining ownership among large numbers of shareholders. For actual "scamming" you want an LLC registered in specific states that will hide your identity, and then register other LLC's for doing business in the rest of the states... each of these child LLC's is then owned by the anonymous one.
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@everittdmickey ·
anarchism is NOT left wing...he was deluded as well as rude.
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@hammaraxx ·
"**Who is John Galt?**"
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