Capitalism
Capitalism is a social system based on individual
rights. The term capitalism is used here in the broader
philosophical political sense, and not in the narrower
economic sense, it is a free market, that means that
you can sell what ever you want. That means drugs,
Anything. In my opinion this is a little dangerous but
that what risk taking all about. The US runs short of
free enterprise, but we have rule and regulations on
what we can do. For example you can't sell drugs to a
kid, you can't sell bombs and weapons, and much
worse.
The basic meaning of capitalism is the
productive labor the human work necessary to produce
goods and distribute them takes the form of wage
labor. That is, humans work for wages rather than for
product. One of the aspects of wage labor is that the
laborer tends not to be invested in the product.
English: Ayn Rand's sign. Sicilianu: Signature de ...
Atlas sculpture, New York City, by sculptor Lee La...
CapitalismLabor
also becomes efficient," that is, it becomes defined by
its "productivity"; capitalism increases individual
productivity through the division of labor," which
divides productive labor into its smallest components.
The result of the division of labor is to lower the value
(in terms of skill and wages) of the individual worker;
this would create immense social problems in Europe
and America in the nineteenth and twentieth centuries.
Some people support capitalism. Here is a quote
"The moral justification of capitalism does not lie
in the ltruist claim that it represents the best way
to achieve 'the common good.' It is true that
capitalism does--if that catch-phrase has any
meaning--but this is merely a secondary
consequence. The moral justification for
capitalism lies in the fact that it is the only
system consonant with man's rational nature, that
it protects man's survival qua man, and that its
ruling principle...