| Re: Financial Sector self-destructing |
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Group: sci.econ · Group Profile
Author: Jerry KrausJerry Kraus Date: Mar 29, 2008 13:03
On Mar 29, 2:57Â pm, forbisga...@ msn.com wrote: > On Mar 29, 12:46Â pm, Jerry Kraus yahoo.com> wrote:> Capital is a necessary part of progress. A hamer is capital.
> If you use a hammer to build something you are using capital.
> Capital makes labor more efficient. There's nothing wrong with
> being a capitalist only with being greedy.
A hammer isn't Capital. A hammer is just a tool. It can be provided
free of charge. Money need not be involved. If you want to work hard
to make money to help your family, or have a nice house, that doesn't
make you a Capitalist. Capitalism IS Greed, insofar as it is
Capitalism. If you aren't interested in making money as an end in
iself, then you aren't Greedy, and you aren't a Capitalist. If you
think Capitalism is simply any productive activity, then you have
simply been brainwashed by pro-Capitalist propaganda into thinking
nothing can be done without money, and that Capitalism is all good.
It isn't. It's just greed. Productive people needn't be Capitalists.
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