Here they are:
I would like to make a suggestion to folks who like to write multiple really long posts. Why not just post your first paragraph as a teaser, and then a link to your own blog with the rest of your comments for those who would like to read the whole thing?Long comments tend to turn people away from reading other people's more succinct comments.
Thanks!
John
More arguing:
That comment goes against everything you would find in an economic or political science class.
I'm not at all surprised about that, and more's the pity. It's getting worse.Take a good look at who controls textbooks. They all come from a review board in Texas.
Democracy doesn't trump capitalism in my mind-- it trumps capitalism, period.
From dictionary.com:
Democracy:
1. government by the people; a form of government in which the supreme power is vested in the people and exercised directly by them or by their elected agents under a free electoral system.
2. a state having such a form of government: The United States and Canada are democracies.
3. a state of society characterized by formal equality of rights and privileges.
4. political or social equality; democratic spirit.
5. the common people of a community as distinguished from any privileged class; the common people with respect to their political power.
Capitalism
–noun
an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, esp. as contrasted to cooperatively or state-owned means of wealth.
An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.
Origin: 1850–55
Which one sounds like a place to live?
Take note of the origin; I believe it was first used by Marx as a perjorative. No surprise it surfaces around the time of the robber barons.
The word Capitalism did not exist during the American Revolution. It was not a goal of the founders, but Democracy is. They could not have relied on its definition in creating the country, nor is the definition we have the result of their aims and labors.
So why should we use it? What does it clarify, if you are not a banker or industrialist?
The founders were not crazy about bankers or industrialists, as both tend to take more and more control from the people. They saw them as necessary evils to be closely monitored, not saviors to be glorified.
I would state unequivocally that whenever and wherever capitalism rubs up against Democracy, that capitalism must lose.
12:29 PM
IDRC,
Okay, your altruism has made you incredibly naive. The founding fathers wanted private ownership,and the right to pursue private financial ownership, which are tenets, ta-da, of Capitalism. You are arguing for the denotative concepts of both democracy and capitalism without understanding the context and the connotation of both AT THE TIME in which they were used by the founding fathers. So yes, the founding fathers were very much concerned by private ownership, which is why they reacted against, you guessed it, TAXES -- which could be monetary and in the form of goods like potatoes or tobacco -- and who harvested the goods and tobacco? You guessed it again. THE PEOPLE! And in Greek, the word "demos" means people. You cannot project your idealistic view of a Democratic-Republic onto the past conception of the phrase's meaning. The founding fathers were very much acquainted with classics and philology and philosophy, so they were very understanding of what a democracy was and what the economic basis of democracy was. And they understand both the Greek form of democracy and the Roman adaptation of it. I like living in a Capitalist society -- I like overachievers who create a company in which my skills might flourish and pay my mortgage; I like people who have fire in them to achieve. Without Capitalism (and ta-da Capitalism even exists in communist societies or else there would be no international trade), we would have no internet, no industrial revolution, no farms, no produce, nothing. Socialism is the artificial product of a governmental system to provide for those who can't harvest with their own hands. So yes, I want to live in a Capitalist society, because capitalism implies private ownership and rewards for your own hard work and diligence. Does that mean people won't take advantage of the system? NO. Indeed there are leeches out there and parasites, but that doesn't mean the system is flawed. If you really think any form of democracy can exist without Capitalism, point out one successful governmental structure that has done so. Every socialist country was hypocritically capitalist at some point, and still is if they have international trade. You really don't have the benefits of a classical education. You should read Livy's the "Rise of Rome" in latine, books 1-5 for a clear understanding of democracy. AND you should read Alexis De Toqueville's "Democracy in America." Capitalism is rule by the people; democracy is rule by the people. You seem to think the collective trumps the will of the invidual -- hello! Have you heard of the freedom of speech!!! That is the right of the indivual. So championing democracy as an antidote to Capitalism is misguided. And don't quote Marx to me because there is not one truly Marxist regime. There are five stages to Utopia and the final stage before Utopia is the point at which the leaders of a socialist regime divest themselves of the private property and return it all back to the farmers and divest themselves of power. Has Castro done that? Has China done that? The Marxist is fundamentally flawed because those who achieve revolution can never step down from their throne. And Marx was opposed to any form of power whatsoever. So yes, give me Capitalism or give me death!
7:58 PM
"After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the supreme power then extends its arm over the whole community. It covers the surface of society with a network of small, complicated rules, minute and uniform, through which the most original minds and the most energetic characters cannot penetrate, to rise above the crowd. The will of man is not shattered, but softened, bent, and guided; men seldom forced by it to act, but they are constantly restrained from acting. Such a power does not destroy, but it prevents existence; it does not tyrannize, but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is the shepherd."
-- Alexis de Tocqueville (1805-1859) French historian
Source: Democracy in America, Vol. II (London: Longmans, Green, and Co., 1899), Chap. 6 (HT Liberty Quotes)
8:02 PM
IDRC c&pd Democracy:
1. government by the people; a form of government in which the supreme power is vested in the people and exercised directly by them or by their elected agents under a free electoral system.
Then by definition the US is NOT a Democracy, IDRC. Because: We have many people in gov't that weren't freely elected by We the People; We have laws jammed down our throats that we aren't allowed to vote on or have any say about.
The people speak but the people we elected don't listen. That's NOT a Democracy.