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Commie NedFlanders
Mar 8, 2014

A thought experiment

An ideal environment where everything works, a business owner will try to maximize profits. Is it not in the best interest of a business owner to have laws which benefit his business? A good business owner would petition the government for those laws or do whatever he could to make those laws happen.

Capitalism, in it's ideal free market form, assumes no government meddling in market affairs.


However if a business owner's job is to maximize profits, and if government interference would help accomplish that goal, is the system not begging capitalists to cheat?

A capitalist who doesn't maximize profits, and plays by the rules, will be outperformed by the superior capitalist who uses the government to his advantage.


Doesn't capitalism inherently undo itself?

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Bip Roberts
Mar 29, 2005
Capitalism is good actually.

Commie NedFlanders
Mar 8, 2014

The ideal libertarian model supposes a capitalist system with no government interference, however capitalism presupposes a legal structure and law enforcement structure to mention the relations of production.

For if there are no police or laws or courts, what would stop the workers from simply taking over the factories?

It's only by a system of laws that private property can exist, and it's only by a system of government that law can be enforced.

Once that framework is established, it becomes in the best interest of the capitalist to use the government and laws to help maximize his profits, failing to do so would make him a mediocre capitalist.

Capitalism drives itself towards it's own undoing.

Commie NedFlanders
Mar 8, 2014

Bip Roberts posted:

Capitalism is good actually.

this is not about good or bad or evil or whatever, it's about internal consistency.

pure capitalism is inherently flawed.

Bip Roberts
Mar 29, 2005

Commie NedFlanders posted:

this is not about good or bad or evil or whatever, it's about internal consistency.

pure capitalism is inherently flawed.

I don't think that statement is supported by truth.

icantfindaname
Jul 1, 2008


capitalism doesn't see monopoly as a contradiction, rather a natural end state. so nope, try again statist scum :smug:

Falstaff Infection
Oct 1, 2014

Commie NedFlanders posted:


Capitalism, in it's ideal free market form, assumes no government meddling in market affairs.


Only by idiots (i.e. libertarians), because "markets" are a construction of government policy. Property rights, contract enforcement, etc. etc. are the constituent parts of a market and they only exist because of government meddling. This is why anarchism, properly understood, is an anti-capitalist philosophy.

Commie NedFlanders
Mar 8, 2014

Falstaff Infection posted:

Only by idiots (i.e. libertarians),

did you read the thread title? this is a thread to weed out and finish off libertarians


basically if you are pro capitalist and libertarian it's because you are a stupid autistic baby and you need to see the glorious light of marxism


if you are pro capitalist and not libertarian it's because you haven't thought things through to their conclusion,\

Commie NedFlanders
Mar 8, 2014

Bip Roberts posted:

I don't think that statement is supported by truth.

capitalist fundamentalists believe the government should do nothing other than protect human rights and property rights.

even if the government only did those, wouldn't the profit motive drive people to amend the constitution to pass laws to benefit their businesses so they can get MORE MONIES

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OneEightHundred
Feb 28, 2008

Soon, we will be unstoppable!

Commie NedFlanders posted:

this is a thread to weed out and finish off libertarians
Announcing a Bitcoin "venture" would have been far more effective at both.

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