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Response to Sherman A1 (Reply #3)

Tue Apr 22, 2014, 08:27 AM

13. That would be the smart thing to do, but unreg-capitalism doesnt have a mechanism for that.

 

In unreg-capitalism the goal is having the greatest wealth. So who is going to step forward and "let loose" with their wealth?

Adam Smith thought that enlighten-self interest would drive individuals to build or create wealth. And I dont think he was wrong. But he was relying on these capitalists being "enlightened", and that is not practical in the capitalistic system. Those that are "enlightened" are soon buried by those that let greed lead the way. It is so much easier to steal wealth than create it.

Bad Analogy Time: Unreg-capitalism is like have no speed limits on our roads. Those with the biggest cars would bowl over everyone else.

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