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Reply #132: Capitalism does not equal class structure [View All]

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MellowDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 07:41 AM
Response to Reply #111
132. Capitalism does not equal class structure
No matter what economic model you have (including communism), there has always been and will always be a class system of sorts. It's not something inherently capitalistic, more humanistic. The good thing about capitalism is that even though there will still be a class structure in place and large gulfs between the top and bottom in wealth (like any large society), the drive for efficency and better technology can improve the well-being of all so that even the poorest are provided the basics. Now, socialist policies can go a step further by regulating capitalism and decreasing gaps in the class structure.

Capitalists are holders of capital. What they do with that capital definitely can produce stuff. A lot of production that goes on would not without investment from holders of capital. In fact, capitalists drive production based on risk and other factors. What to invest in is a big decision.

Socialism does not exist without capitalism, capitalism is not something inherently evil. Just like communism. It is a system and what we get out of it depends on what we do with it, not the system itself.
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