[quote]Annihilator wrote:
Zeke wrote:
All of the ‘isms,’ such as social, commune, collective, and such are towards the left side of the field towards totalitarianism.
What about capitalism? 
[/quote]
Annihilator wrote:
Zeke wrote:
All of the ‘isms,’ such as social, commune, collective, and such are towards the left side of the field towards totalitarianism.
What about capitalism? 
Capitalism is a loaded term. By ‘loaded,’ I mean it has different meanings, depending on who is using it, so I intentionally did not use it. Its many meanings lead to arguments because of this.
Capitalism in common usage is held to mean an economic system based on private ownership of capital. Capital meaning money. Wealth, money, real estate, things of this nature owned by individuals as opposed to a system where those things are property of the state. Further, those holding the capital are free to trade those items, creating a market.
The meaning of capitalism has a completely different meaning to a banker, especially a national central bank. It is a description of monetary policy, or how money is created and for what purpose. Capitalism to someone who is in this position is this; to create out of thin air, capital, loan that capital at interest, and create wealth without actually producing anything or adding value. This type of capitalist is a parasite on the economy, because this system creates inflation, and pulls value out of the currency. The recipient of value in America is the Federal Reserve, and the Government. This is a hidden tax that everyone who uses American Dollars pays. This expresses itself as inflation.The longer you hold a dollar, the more tax you pay. If you had saved a one hundred dollar bill back in 2000, that dollar will only buy about .70 cents worth of goods compared to what it would buy in 2000. You have been taxed .30 cents in value, and you are not even aware of it! It is like magic. We have a central reserve bank, an it is a capitalist system. I do not believe that this is what our Founding Fathers intended at all.
The word ‘capitalism’ is a study in and of itself. Just learning about this word and all the different things it has been used to represent will give you a much larger view of the mess we are in.
Because of the many different usages, I try to use it sparingly, and specify what I mean by its usage.
My preferred usage is laissez-faire (let do) capitalism meaning to let the markets do what they want, sort themselves out, with minimal intrusion by government and governments role is only to keep the dealings honest. That is, what was agreed to by the parties trading or doing business is what is delivered.
Government health care? For a mild example, look to Canada. Further down the road after an emergency of some sort causes the eventual need for the government to ration because of extreme demand, look to the policies that evolved it Germany. These things progress, slowly or quickly, to a similar end. To risk a religious saying, ‘The road to hell is paved with good intentions.’ Most of the people advocating universal health care would never, ever espouse the horrors that can happen in a government controlled health care environment. Those things come as a natural extension of giving personal rights to an unfeeling government.
We need to look at all public policy issues in terms of its intrusion on an individuals personal liberty and responsibilities, and weather or not the intrusion is justified. History should be looked at for examples. We should not try to reinvent the wheel.
Lastly, we are Americans! Self reliance is our secret strength, and the key to our success. Further, as T-Men we all know how intrusive government is to us already. There are legitimate and safe supplements, (ephedra, for example,)that some pencil neck with out the strength or personal fortitude to properly wipe their own ass has decreed we cannot use! Let’s not allow the chains of slavery and servitude to take us in the name of safety, health care, security, protection or what ever!
Give me Libery! Or Give Me Death!
Oops! Got a little carried away there. Now I won’t be able to sleep. Guess I will have to wake the neighbors and clang some iron around until I can sleep.