- Sep 24, 2012
- Reaction score
- Sacramento, CA, USA
- Political Leaning
- Libertarian - Left
This is the disgusting part of "free enterprise" of "unfettered capitalism."
Profit for capital becomes the over-riding concern. The other factors of production are given short shrift...and the unfettered capitalists call it...the way things should be.
I'm a capitalist...and all for free enterprise. But if this is the way it is going to be...screw it. I'll support socialism before this.
I often think that the only reason people call themselves capitalist is that they conflate capitalism with free enterprise.
I see them as separate matters. Free enterprise (that is, to choose one's own productive role in society) is very nearly a natural right, but capitalism is not its determinant. I label myself anti-capitalist because I disagree with paying people 50 cents for a dollars worth of economic output. That is, of course, largely based on my perception of capitalism (D & C), just as its proponents undoubtedly support it based on theirs.