On Mar 29, 1:03Â pm, Jerry Kraus
yahoo.com> wrote:> 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. Â A hamer is capital.
>> If you use a hammer to build something you are using capital.
>> Capital makes labor more efficient. Â There's nothing wrong with
>> being a capitalist only with being greedy.>
> A hammer isn't Capital. Â
You should learn some economics.
> A hammer is just a tool. Â
Tools are capital goods.
> It can be provided free of charge. Â
No they cannot. They are manufactured. Manufacturing
involves labor. Do you hold that labor should be provided
free of charge? That goes beyond voluntarism and to
obligation.
> Money need not be involved. Â
The distinction is between capital goods and financial
capital.
> 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. Â
If I hire labor and exchange access to my capital for a percentage
of the profits I am a capitalist. If I gain nothing from the
exchange but merely lend my capital and eat the wear and tear
I lose in the exchange and anyone saying I'm greedy for building
capital rather than consumer goods is just greedy themselves.
> Capitalism IS Greed, insofar as it is
> Capitalism. Â If you aren't interested in making money as an end in
> iself, then you aren't Greedy, and you aren't a Capitalist.
I intend to make money by producing capital goods, why shouldn't
I? I'm helping others feed their families more efficiently.
Why shouldn't I be rewarded for helping people?
>Â 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. Â It's just greed. Â
> Productive people needn't be Capitalists.
Anyone who rents capital is a capitalist. We're in this
together. I see what people will need to be more productive
and produce it. Even if I wanted to just sell it to them
they can't all afford it and I have to feed myself. I'm not
about to spend my time helping others if I can't survive
or have to do my subsistance work then be call greedy for
anything I do beyond that that is mutually beneficial.
