Disgruntledpatriot's Blog

September 23, 2009

Assault on Capitalism

Filed under: Sick and Tired — Trever Bierschbach @ 12:15 pm
Tags: , , , ,

I am seeing a disturbing trend going on around the world and here in our own country.  Capitalism is being villified, in may cases by the very people that benefit from it.  I keep hearing how Capitalism is responsible for climate change, oppresion of third-world countries, class warfare, and a long list of other perceived crimes.  I have been thinking for the last couple of days about what I want to write about, and I think I am going to spend the next couple of days dealing with this issue.  I think our first step should be to explore the definition of economic models and the benefits or drawbacks of each one.

Capitalism is defined as a social and economic system where individual rights are recognized and private property and capital are privately owned.  Under true capitalism the state is separate from economics.  (Hmm, first observation, America is no longer a true capitalist country but it used to be)

This observation begs the question, in our recent economic problems is capitalism really the problem?  Is it just as possible that because capitalism was corrupted years ago by government involvement it collapsed.

Socialisim carries a few definitions, but what I find is that 1. a system of social organization where the ownership of property and capital is held by the community as a whole.  (Redistribution?) 2. (in marxist socialism) the stage following capitalism that inevitably leads to Communism.

Wait…have we ever heard people defend our current administration by saying “You can’t call them socialist and communist in the same sentence, they are opposites”?  Yeah, opposites if the definition of opposite means a straight line from one to the other.

Communism is defined as a system of social organization where the ownership of property and capital is held by the community as a whole OR by the state.  (hmm, I guess they are almost exactly the same)  It is also defined as a system of social organization where control of all economic and social activity is controlled by a totalitarian state.

So, you pick which one we resemble the most, and which one you think we should resemble.  I would argue that we should start to call our current system communist socialism.  Private property and capital are privately owned, BUT most of the economic activity is controlled by the state.
Fascism is defined as a political movement that exalts the nation and often the race, above the rights of the individual and that stands for centralized autocratic government and forced suppression of dissent.  (not really an economic model but because of current discussion it is relevant and should be forefront in the minds of Americans right now.)

Hmm, next time someone says you can’t call a person a communist, a socialist and a fascist at the same time, educate them a little bit.  If the government is run under one person, based on the rights of the nation, and owns all the property and capital, they are fascist and communist.  Since socialism is defined by Karl Marx as a stepping stone to communism, as in it’s root, then they can also be socialist.

Tomorrow we will talk about attacks on Capitalism from the outside.

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