AmericanNationalist's muse of the day: 'Capitalism' is not an economic system.

Discussion in 'Political Opinions & Beliefs' started by AmericanNationalist, Jul 19, 2020.

  1. AmericanNationalist

    AmericanNationalist Well-Known Member

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    I've said this before as an economist-politician, I'm going to say it again: Capitalism, the structure of it is not an economic system. In other words, there's no definition of Capitalism that's definable. All attempts to do so result in the "free market" or "free enterprise" or something along those lines.

    But that'd be pretending that North Korea doesn't have an exchange of goods and their currency(they do). We sadly know all too well that China's wetmarkets are booming. But neither of them are 'capitalistic' states, or states that essentially prioritize private ownership.

    It exists, to a degree but very tightly managed by the State. Other than that said private ownership, Capitalism otherwise has not a single definition to it. I realized this as I was studying in Business Administration. Not one single macro or microeconomic factor was 'capitalistic' in nature.

    Unless we define capitalism as the 'existence and exchange of goods and services'. But that definition doesn't fit my criteria for describing a system or train of thought. It's the definition of a happenstance. Two people happened to participate, one a buyer and the other a seller and each had what the other needed. That's not a system.

    When we say Liberalism or Conservatism, or when I say Fascist-Technocracy. There's a train or line of thought that leads to the conclusion of these political views. Without that said train/line of thought, our political ideologies are nonexistent.

    Therefore, if capitalism can be defined to a mere happenstance that means American Economic thought is nonexistent.(And to the large degree that this is true, the hassle over the tax system when we don't nearly make enough in cash(the rich put more of their value on property values/liquidable assets than they do in their bank accounts.). While yes, taxing too low would be a burden on the States(without a National Government that is), the Federal Tax could be abolished tomorrow and the government would fundamentally function.

    Instead, I've been interested in a non-tax system if we could regulate the economy via work production(and increasing and steadying said work production) and that would boost the economy alot. It's a novel theory, an untested one but one that logically makes sense if the treasury is going to be used the way it's been used the last 40-50 years.

    As far as goods and services, if people voluntarily "invest" in their towns and cities there's been some studies done that have shown that private investment has outstripped public funds considerably. People tend to be vested more in their cities/towns if they can put their own stock in it.

    Alot of that is on the microeconomic level. Macroeconomically, I am a proponent of a Mixed Economy. While I do see the benefit and the promise that has been delivered by Trade, we have also seen setbacks. The Western and indeed the entire world must trade within reasonably sound limits, so that each nation can preserve for itself and grow independently of each other and thrive together.


    I want to eliminate derivatives, and I want to either cancel student debts, or lower them to such a minuscule amount that any full-time working American should be able to pay them within 3-5 years. If that includes a freeze and forgiveness on the interest part, then we should do that.

    Both derivatives and student loans(as well as credit cards, that I want to treat the same way) are black holes, new bubbles to burst on our economy and frankly we're lucky they hadn't burst yet. If we can economically set course for systematically popping these bubbles and freeing that US debt, that would be tens of trillions of dollars. You want your free health care? You got it. You want more PPE? We can afford it.

    All of this is an actual train of economic thought. Not "herp derp" free market, nor is it the ownership of private property exclusively as in Communism/Marxism. It's the micromanagement of both micro and macroeconomic factors to propel the US economy to succeed in the 21st century.
     

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