$capitalism vs capitalism


jts

Recommended Posts

Ayn Rand's definition of capitalism is: social system based on recognition of rights.

The conventional definition of capitalism is: private ownership of the means of production.

By the conventional definition of capitalism, slavery is capitalism. You ask how. Slavery is private ownership of the means of production, the means of production in this case being slaves.

Phooey on the conventional definition of capitalism. Ayn Rand's definition is better. Phooey on any dictionary that disagrees with Ayn Rand's definition.

Link to comment
Share on other sites

We just went through this. Dictionary definitions only report what most users apparently mean. The dictionary is not an absolute authority of anything only a statistical report. The dictionary definition you cite would apply to feudalism and Soviet socialism as well as to agrarian slavery. That is another problem with dictionaries and why we have encyclopdias: to explain facts too complicated for a single line of type.

Link to comment
Share on other sites

Ayn Rand's definition of capitalism is: social system based on recognition of rights.

The conventional definition of capitalism is: private ownership of the means of production.

By the conventional definition of capitalism, slavery is capitalism. You ask how. Slavery is private ownership of the means of production, the means of production in this case being slaves.

Phooey on the conventional definition of capitalism. Ayn Rand's definition is better. Phooey on any dictionary that disagrees with Ayn Rand's definition.

private ownership of means of production..

you own the people while they are your means of production..

if they choose to quit, and are no longer your means of production, you no longer own them

essentially a boss has "owership" of his employess while they are at work..and really ownership over their life as he can fire them for any reason, including personal misconduct, the wya tehy style their hair, he chooses when they have to come to work , etc.. that is why its.. follow the rules or else...

so no its not slavery

slavery also implies you are not paying anybody

capitalism is voluntary servitude.. that is why if you do not want to be "owned and have your life run by a boss"

then you work for yourself..

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now