Modern Capitalism began on the same day europeans began taking west 'afrikans' captive and forcing them to work on plantations for no pay, this lasted for 400 years and in the process Modern Capitalism was born, its roots are poisonous by nature. - - - Updated - - - ..and just for the record, yes, it was indeed the Pope who sanctioned the Atlantic so-called Trade.
From what you quoted, it appears that Francis is an altruist (no surprise. Religion is an altruist enterprise with a poor track record of achieving heaven on earth. No system based purely on service to others at your own expense can ever survive. Communism in practice shows you this.)
It might be useful to have the entire document. APOSTOLIC EXHORTATION EVANGELII GAUDIUM OF THE HOLY FATHER FRANCIS Have it guys. The Pope is a 'progressive' by the standards as applied to folks like our President.
I don't support "capitalism", I support free markets. Don't defend "capitalism". It's just a Marxist strawman.
Forced labor is very much capitalist. Though that goes with saying it can be found in any number or form of tyrannical governments.
And who supports capitalism? Can you name someone prominent who has advocated for forced labor, i.e., slavery? Where are these "capitalists" you speak of?
If there is a social system based on the individual rights of every single human person, a system that upholds the right to freedom of production, of trade and of private property, a system that opposes slavery as well as every other form of initiated force, what name would you give it if it is not capitalism (this goes for defenders of free markets that refuse to use the term as well)?
Well that sounds all nice and pretty, but what would you call the economic system used by Americans in the 1700's? It's not pretty, but in a absolutely free market, employers cans and will hire slaves or pay slave wages.
Capitalism is simply human nature as it applies to economics. Capitalism is people trading instead of pillaging. Pillaging is the prefered method of the governing elite who produce not and seldom toil at anything other than cozening the unwary out of the goods and services they have earned.
Government enforced wages and the inability of a worker to realize the fruits of the labor, or accumulate or invest them is not capitalist at all. Socialism and communism on the other hand go well with slavery. The idea behind both systems is slavery to the state.
Free for who? If some employers can by law and do enslave others, the market is not free for the slaves and therefore isn't free period. "I'll give you a hint. Contradictions do not exist. Whenever you think that you are facing a contradiction, check your premises. You will find that one of them is wrong."
Capitalism is not a form of government and it has nothing to do with free enterprise. The US Constitution says nothing about Capitalism. It seems like there has been a concerted effort made to equate Capitalism with free enterprise and freedom in general. The fact is that capitalism destroys free enterprise as capitalists have traditionally bought politicians and rigged the game to regulate those without huge amounts of Capital out of their markets. For example, in the 1930s there were 50-60 different auto manufacturers in the US, now there's three, used to be hundreds of independent media sources, now just a handful. Capitalism can and will lead to complete tyranny if it isn't severely regulated by government,
But he is not advocating for slavery. So, where are these prominent "capitalists" advocating for slavery?
looking at the nationalities of most of the contributers here and all i see are Americans. Coming from the worlds largest capitalist country this seems slightly hypocritical.
That is protectionism and unions - socialism and other various forms of lefterism that does that. Capitalism is the freedom to do what you want economically. Charge the prices you want, pay the wages you want etc... How you make a living and how you are able to spend money is a major part of a persons life. Having freedom to engage in economic activity without permission is a big part of what freedom is. Is it enough to be totally free? Not in itself. But without economic freedom there is no real freedom. Yes capitalism is in the constitution. See private property rights. - - - Updated - - - 1913 is when the party ended.
The GOP holds the current title for 'most hypocritical' to date, and remember, they only represent the richest of the rich....(nobody else).