Reply #30: Fiat currency and capitalism are two entirely different things.

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Capitalism is a system where an owning class creates wealth by suppressing the wages of workers and reconstituting it in the form of capital. According to Adam Smith, this was a wonderful thing because it helped nations develop and was a "rising tide that raised all ships." Marx disagreed and said that the profit would not trickle down to society at large. Socialism is nothing more than workers owning the means of production and running a society on their own terms. It is not the search for some hippie commune lifestyle that renounces pleasure or progress.