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Investments > Investing Science > Re: Financial S...
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Re: Financial Sector self-destructing

by forbisgaryg@[EMAIL PROTECTED] Mar 31, 2008 at 12:27 PM

On Mar 31, 9:45=A0am, Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> wrote:
> On Mar 31, 10:47=A0am, forbisga...@[EMAIL PROTECTED]
 wrote:
>
> > On Mar 31, 7:50=A0am, Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> wrote:
>
> > > Obviously, if everything is "Capital", then we are all
"Capitalists",
> > > by defintion. =A0So, there ARE no other economic systems.
>
> > To the extent one produces based upon one's own capital one
> > is a capitalist. =A0Most of us are capitalist to a limited
> > extent related to our retirement and to our futzing aroud
> > the house.
>
> So, in what possible sense were Mao Tse Tung, Joseph Stalin, Vladimir
> Lenin or Karl Marx not Capitalists, by the definition of Capitalist
> economists? =A0Everything everyone does must be based on Capital,
> according to their definitions.

These people were not capitalist because they didn't believe
in private owner****p of capital.  All but Marx are sometimes
called State Capitalists, that is the owner****p of capital
falls into the hands of the state and is controlled by its
power structure.  Marx envisioned the state fading away.

Marxims will never work because different people have different
abilities and many are greedy.  The state cannot fade away.

The rest of the poeple you mention found another way to
control capital.
 




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Re: Financial Sector self-destructing
forbisgaryg@[EMAIL PROTEC  2008-03-31 12:27:23 

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tan12V112 Wed Dec 3 23:28:54 CST 2008.