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manliness-dot-space

No government is "capitalist" any more than a government is a libra or a vegan


chrispd01

Hang on. What do you mean by that? Are you trying to suggest that no government favors a certain political economy?


Apprehensive-Ad186

Capitalism is not political. It’s private property and free trade. That’s it. Some governments have been small enough so that capitalism can function properly. But governments cannot favor capitalism in the same way cancer cannot favor its own demise.


chrispd01

I am sorry but if you really believe what you are saying that just means you dont really know anything about the statutory and regulatory schemes which channel the economic markets they overlay and direct. The laws which are functions of politics have a huge impact on how economies run.


Anen-o-me

Governments treat capitalist systems like the golden goose to be plucked. Little else.


Anen-o-me

He's absolutely right. Capitalist theory does not recommend a government at all.


chrispd01

Ok so are you saying that when a government passes a series of banking regulations or securities laws or establishes courts for enforcing business contracts, government is not engaging in supporting certain types of economic arrangements? If you can’t see the relation between those types of activities and underlying economic activity, including the systems, which undercard post economic activities, you guys need to go back to school


Anen-o-me

>Ok so are you saying that when a government passes a series of banking regulations or securities laws or establishes courts for enforcing business contracts, government is not engaging in supporting certain types of economic arrangements? The only thing the State can do is prohibit transactions that would have occurred or compel transactions that would not have occurred without the law and regulations. Both are anti-capitalist. Capitalism may need property protection, but it does not need State for that. How the State views capitalism is not the fault of capitalism. Look at China, they treated capitalism as something to produce prosperity until such time as it got in their way. All states treat capitalism that way.


chrispd01

Something tells me we arent talking about the same thing, but I can’t figure out what you’re talking about. If I have a law that prohibits the ownership of private property, that has an impact on economic activity. Similarly, if I have a law that allows for the free alienation of property, that also impact economic activity. Those laws serve different, kind of shape different kinds of economic orders. The political sphere influences what the economic sphere looks like. So very much in the real world, politics impact the economy. Surely you can’t be saying that that is incorrect? That is why I think we may not be talking about the same ideas


Anen-o-me

Capitalist theory never says "make a law." Politics may make laws about economics, but that cannot make that political system defined by that economic system somehow therefore.


chrispd01

So then am I correct in assuming you weren’t talking about how all the stuff works in the real world? Only how it lays out in the abstract ?


Anen-o-me

No. Governments aren't capitalist, because political and economic systems are distinct phenomena. They are not the same thing. A government might allow capitalism to exist to an extent in its sphere of influence. That doesn't make that government a representative of capitalism. China had a communist government while allowing capitalism to exist to a significant degree FFS.


chrispd01

All I can say is that your analysis is really shallow and just plain wrong. It ignores the way the law and regulatory schemes interact with economic activity. Chartering a national bank ? Establishing a currency and determining what is going to back it ? Full faith and credit or gold ? Establishing a Federal Reserve ? Adopting the Uniform Commercial Code ? Passing and then repealing Glass Steagall ? The one thing you have going for you is that you have so so very much to learn. I think when you start reading and thinking you are going to be amazed at what you come to see.


Daily_the_Project21

How in the fuck is that "far right extremists?"


Anen-o-me

No government is capitalism. Capitalism never says 'build those kind of government.' Unlike Marxism that does recommend using the State to achieve socialist goals. Because of this, capitalism is more anarchist than Marxism.