posted on Oct, 11 2008 @ 08:55 PM
I think that most folks confuse Capitalism with a free market economy. Capitalism = the rule of capital. It means that a private central bank controls
a nations money supply and so the expansion or contraction of the economy. Of course the people in power will always use such incredible control to
benefit themselves. We’re seeing it right now with a collapsing bubble that was created by credit being made far too available. When the bubble
collapses, those in control move in and buy up assets at rock bottom prices, and so increase their power and control. It’s a cycle we’ve seen over
and over since 1913 when the Fed came into being.
In a free market economy, the way the USA was designed , the peoples representatives control the issuance of money, and it is backed by a real
commodity, like precious metals. There is no need for a nation to borrow money at interest from private banks that print it up out of nothing. In a
free market republic, the issuance of money follows the growth of the economy, insuring slow and steady growth rather than boom and bust cycles, and
eliminating inflation, which is just issuing more money than the economy really needs.
As to the OP’s assertion , proper self interest is the bedrock foundation of a healthy economy, as dr strangecraft ably pointed out. That, combined
with a morality that limits losses due to theft, fraud and gov corruption, provides an environment in which people can confidently invest their time,
energy and resources, and be rewarded for their hard work. This is the type of situation that allows real prosperity.
IMO, Capitalism/Communism are just two sides of the dialectic box that the big money boys use to keep you confined. Control both sides of the
discussion, and you control the outcome or resolution of the conflict. Thesis + antithesis = synthesis. Problem - reaction - solution. Order out of
chaos. Time to think outside of the box folks.
edit for clearer line of thought
[edit on 11-10-2008 by resistor]