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Reply #231: Free Enterprise NOT Capitalism [View All]

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november3rd Donating Member (653 posts) Send PM | Profile | Ignore Mon May-31-10 02:52 PM
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231. Free Enterprise NOT Capitalism
Edited on Mon May-31-10 03:04 PM by november3rd
Capitalism without limits is tyranny. Those with more increase their wealth while the rest remain poor or fall deeper into poverty. The more that assets become concentrated into fewer and fewer hands, the easier it is for the wealthiest to gain more and more control over the wealth of others. This gives the rich political power and control over government, the mass media, the economy, the laws and education.

It results in fighting destructive, unnecessary wars for the profit of a few, in fouling the commons and the environment to enrich wealthy industrialists, investors, and banks, not to mention incarcerating those outside the system for fear that their liberty will destabilize the socio-economic power structure.

However, self-government is not government of by the individual, but cooperation by consensus of self-governing individuals. That's why thoroughly informative media are so critical. People need to know the issues, who the actors are, what is at stake, and what they can accomplish as a group. Without REASONED DIALOGUE, there's no hope of successful government. Instead of government by the people we are left with government by the giant corporations.

If banks protected savings and lent money to small local businesses people would be able able to act in the interest of progress for their communities. The government could encourage free enterprise by protecting against monopolies like Halliburton, Starbucks and AOL/TimeWarner. Instead we're faced with four or five giant chemical and agricultural companies controlling our food supply.

Socialism means the good of society establishing the paramount organizing principle, whereas capitalism means ordering society for the benefit of the rich and wealth-controlling minority.
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