Jerry Kraus wrote:
> On Mar 29, 9:35 pm, a...@[EMAIL PROTECTED]
(PeterBP) wrote:
>> Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> wrote:
>>> On Mar 29, 3:20 pm, forbisga...@[EMAIL PROTECTED]
wrote:
>>>> On Mar 29, 1:03 pm, Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> 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.
>>>> You should learn some economics.
>>>>> A hammer is just a tool.
>>>> Tools are capital goods.
>>>>> It can be provided free of charge.
>>>> No they cannot. They are manufactured. Manufacturing
>>>> involves labor. Do you hold that labor should be provided
>>>> free of charge? That goes beyond voluntarism and to
>>>> obligation.
>>>>> Money need not be involved.
>>>> The distinction is between capital goods and financial
>>>> capital.
>>>>> 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.
>>>> If I hire labor and exchange access to my capital for a percentage
>>>> of the profits I am a capitalist. If I gain nothing from the
>>>> exchange but merely lend my capital and eat the wear and tear
>>>> I lose in the exchange and anyone saying I'm greedy for building
>>>> capital rather than consumer goods is just greedy themselves.
>>>>> Capitalism IS Greed, insofar as it is
>>>>> Capitalism. If you aren't interested in making money as an end in
>>>>> iself, then you aren't Greedy, and you aren't a Capitalist.
>>>> I intend to make money by producing capital goods, why shouldn't
>>>> I? I'm helping others feed their families more efficiently.
>>>> Why shouldn't I be rewarded for helping people?
>>>>> 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, and that
>>>>> Capitalism is all good. It isn't. It's just greed.
>>>>> Productive people needn't be Capitalists.
>>>> Anyone who rents capital is a capitalist. We're in this
>>>> together. I see what people will need to be more productive
>>>> and produce it. Even if I wanted to just sell it to them
>>>> they can't all afford it and I have to feed myself. I'm not
>>>> about to spend my time helping others if I can't survive
>>>> or have to do my subsistance work then be call greedy for
>>>> anything I do beyond that that is mutually beneficial.
>>> You are defining all criticisms of Capitalism out of existence, by
>>> claiming that all good things are Capital. This is nonsense.
>> Jesus ****ing crist, the man has just correctly refuted all of your
>> points on a line-by-line basis and you sweep all of that away with a
>> single line without adressing his points?
>>
>>
>>
>>> And, I suspect you know it.
>> I suspect that you know that you are yourself a raving lunatic with a
>> political axe to grind while standing halfway into the quicksand,
>> sinking deeper. You can't even argue your case, only rant
>> semi-coherently in a way reminiscent to bible belt fundamentalists.
>>
>> Please keep it up, you make capitalists look good!
>>
>> --
>> regards , Peter B. P.http://macplanet.dk
>> Wa****ngton D.C.: District of Criminals
>>
>> "I dont drink anymore... of course, i don't drink any less, either!-
Hide quoted text -
>>
>> - Show quoted text -
>
> Have you considered a brain transplant? It might help.
>
"In economics, capital or capital goods or real capital refers to
already-produced durable goods [like hammers] available for use as a
factor of production. Steam shovels (equipment) and office buildings
(structures) are examples.
Capital goods may be acquired with money or _financial_ capital. In
finance and accounting, capital generally refers to financial wealth,
especially that used to start or maintain a business."
http://en.wikipedia.org/wiki/Capital_(economics)
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