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It's capitalism until the tax officers show up demanding a trading licence. :2razz:
And what about that would make it socialism? Fascism maybe, but certainly not socialism.
Well, fascism is socialism too - national-socialism.
Its a silly question ... Its not an example of an economic system ... Its an example of something which can happen under socialist AND economic systems .... Its like asking bob has a party and everyone brings booze and shares it ... Is that communism??? No ... Or Jack lends mike his car ...
Exactly, this is not an example of socialism or capitalism .... Just like a guy in his apartment is not an example of a monarchy.
In this thread, RGacky3 and myself are trying to discuss the problems with capitalism and socialism. Unfortunately...we are on completely different pages when it comes to definitions of socialism and capitalism. This became quite apparent when I asked him to identify whether the following scenario is an example of capitalism or socialism...
Sally is 10 and she wants to buy her mother a mother's day gift. Unfortunately...she doesn't have any money but she does have a tree full of lemons. She applies her unique perspective to her limited resources...and the result is lemonade. She sets up her lemonade stand in the front yard and proceeds to sell cups of lemonade for $1/each. It's a hot day and pretty soon she's made $20.
So I thought I'd post a poll and see how most people would classify this scenario. Is this an example of capitalism or socialism...or something else? Feel free to modify the scenario in order to make it fit your definition of capitalism/socialism.
How does she buy the sugar/cups/ice etc if she doesn't have any money? The fact she's picking lemons off property she doesn't own (her mother does) is pretty telling to. So you want to create a situation of a "little girl" that just pulls herself up from her bootstraps but she somehow gets money for other inputs needed and her main input isn't even hers.
Have you ever read I, Pencil?
And what about that would make it socialism? Fascism maybe, but certainly not socialism.
Her parents own the tree and all the lemonade-making equipment. They are her nanny state. Just as with inheritance, public or private doesn't matter; it's all the same freeloading by the recipient. Her entrepreneurship is discredited because it is so much easier for her than for the other kids, just as it was for the millionaire's son Bill Gates and most of our other falsely self-reliant heroes.It is capitalism. It uses capital to create money. Now this of course she owns the lemon tree and doesn't have to pay anyone else for it, that there aren't taxes due, etc...
And this is relevant to this little girl bypassing the constraint of acquiring land/capital because....
It's relevant following the parasites' paradigm of "bait and switch." The literally pencil-necked geek's Sally would hire a kid to pick the lemons for a penny apiece, risking falling injuries (the real Sally would use her ladder, but it's her ladder; let the other kid's Daddy buy him his own ladder). Another kid would make the lemonade, and another would stand out in the hot sun selling it. Sally would get the lion's or lyin' share of the sales revenue because she creates jobs. She's able to do this because there's no government interference; the Invisible Handout is that Sally's parents put her in a position where she can loaf and still get all the benefits of working. She's entitled because she comes from the same class that used to have titles: the nobility with no ability.And this is relevant to this little girl bypassing the constraint of acquiring land/capital because....
It's relevant following the parasites' paradigm of "bait and switch." The literally pencil-necked geek's Sally would hire a kid to pick the lemons for a penny apiece, risking falling injuries (the real Sally would use her ladder, but it's her ladder; let the other kid's Daddy buy him his own ladder). Another kid would make the lemonade, and another would stand out in the hot sun selling it. Sally would get the lion's or lyin' share of the sales revenue because she creates jobs. She's able to do this because there's no government interference; the Invisible Handout is that Sally's parents put her in a position where she can loaf and still get all the benefits of working. She's entitled because she comes from the same class that used to have titles: the nobility with no ability.
A key error in Voodoo Economics is that some imaginary entity like the free market determines the mathematically correct profit margin deserved by the owners. In truth, they set it themselves for themselves, depending on how much power they have when freed from any pressure by the employees or the employees' government. The only market force is force itself, and capital owns all the weapons of extortion. But economists, who are toy rats for the fatcats to play with, are hired to create an imaginary force of nature like the Invisible Hand (also used in voodoo itself) to cover up for what is uncontrolled greed, pure selfishness posing as an inanimate and inevitable result unaffected by elitist power plays.It's either economically feasible to pay employees higher wages...or it isn't. If you think that people should be paid more...then mortgage your own home and start a business. Put your own money where your mouth is and show everybody how easy it is to run a profitable business while paying your employees considerably more money than other companies pay their employees. You know why you won't do it? Because talk is cheap.
Can you explain to me why you feel good about yourself? Because you vote for policies that you don't have to pay for? How is there any nobility in that? Please please please explain that to me. As far as I'm concerned...you have absolutely no justification for any moral superiority.
Only where we ourselves are responsible for our own interests and are free to sacrifice them has our decision moral value. We are neither entitled to be unselfish at someone else's expense nor is there any merit in being unselfish if we have no choice. The members of a society who in all respects are made to do the good thing have no title to praise. - Hayek
If you want to help people then provide them with employment....at ANY wage. If they accept your offer for employment then you will be helping them. You know how I know? Because you provided them with an option that they didn't have before. If they choose the option you offer them then it's because it's the best option that they have available to them. Giving people more options is giving people more freedom. That's nobility.
A key error in Voodoo Economics is that some imaginary entity like the free market determines the mathematically correct profit margin deserved by the owners. In truth, they set it themselves for themselves, depending on how much power they have when freed from any pressure by the employees or the employees' government. The only market force is force itself, and capital owns all the weapons of extortion. But economists, who are toy rats for the fatcats to play with, are hired to create an imaginary force of nature like the Invisible Hand (also used in voodoo itself) to cover up for what is uncontrolled greed, pure selfishness posing as an inanimate and inevitable result unaffected by elitist power plays.
"Free market" is a contradiction in terms, because the market includes everybody but this freedom is demanded for only a few. The actual market imitates the movie "Born Free," where a bloodthirsty maneating beast was turned loose into the jungle. For any others freed into this situation, the freedom means becoming the lion's lunch. Market Freedom in this command economy from the Wall Streed Kremlin would free the majority of its weapons of defense in the government, unions, or mutual-aid groups.Do you want more for less? If your answer is no...then please paypal me $5 and I'll paypal you $1. If your answer is yes...then please paypal me $1 and I'll paypal you $5.
The only logical/rational answer is "yes"...that you do want more for less. The invisible hand is simply people like you actively trying to trade less for more. Your profit seeking decisions help us understand that limited resources are constantly being redistributed to the most resourceful / least wasteful people in our society...aka "fatcats". The reason those cats are fat is because you exchanged your money for their products/services.
"The price of anything is the amount of life you exchange for it." - Henry David Thoreau
In other words...the reason those cats are fat is because you voluntarily exchanged a portion of your life for their products/services. You voluntarily exchanged a portion of your life for their products/services because you want more for less. The invisible hand works because you are given the freedom to determine what your life is worth. The alternative is to allow somebody else to determine what your life is worth...aka socialism/slavery. Why is it difficult for you to understand that nobody knows better than you do what your life is worth? Is that really rocket science?
By arguing for minimum wages...you're arguing that you know what other people's lives are worth. But if you're certain that their lives are worth more than the minimum wage...then why not allow them to be the judges of that? The only logical explanation is because you think you know better than they do what their lives are worth. How is that not slavery? You're limiting their options in life because you think you know what's best for them. Limiting people options in life...limiting people's freedom to exchange less for more...really really really should not make you feel morally superior.
Well, fascism is socialism too - national-socialism.
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