Jerry Kraus wrote:
> On Mar 29, 2:57 pm, forbisga...@[EMAIL PROTECTED]
wrote:
>> On Mar 29, 12:46 pm, Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> wrote:
>
>
>
>
>> Capital is a necessary part of progress. A hamer is capital.
>> If you use a hammer to build something you are using capital.
>> Capital makes labor more efficient. There's nothing wrong with
>> being a capitalist only with being greedy.
>
> A hammer isn't Capital. A hammer is just a tool. It can be provided
> free of charge.
Nobody made the hammer? What, are they chopped liver? Whadda ya
got against the hammersmiths?
> Money need not be involved. If you want to work hard
> to make money to help your family, or have a nice house, that doesn't
> make you a Capitalist. Capitalism IS Greed, insofar as it is
> Capitalism.
Well... greed is greed. We don't need another name for it. It's
the OCD with the money and the interest and the crazy
and the...glaivin.
> If you aren't interested in making money as an end in
> iself, then you aren't Greedy, and you aren't a Capitalist.
That is a very Aristotilean standard. It also assumes that
people will be capable of producing something of interest
to other people until they die. Given global warming, we
are sure to be short of ice floes...
Aristotle accused those who charged interest of reifying
the symbol of value with value itself. I am loath to argue
with him ... and his negation, since there's not a clear case to
be made for the charging of interest other than... oh,
the last 1000 years of history.
> If you
> think Capitalism is simply any productive activity, then you have
> simply been brainwashed by pro-Capitalist propaganda into thinking
> nothing can be done without money,
Methinks you should review the idea of "put your money where your mouth
is" and the entire literature devoted to revealed preferences. To
quote "House" - "everybody lies", but they do so less when money
is involved.
> and that Capitalism is all good.
Nothing is all good. Don't use that as an excuse for nihilism.
> It isn't. It's just greed. Productive people needn't be Capitalists.
>
>
>
Even Cuban soccer players keep score.
--
Les Cargill
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