And on a completely different topic...
Communism is an ideal state with the characteristic common ownership of property.
Capitalism is the ideal of a free market economy.
Everyone says they oppose. However, it seems that in modern economics, Capitalism has actually begun to achieve the Communist ideals without the oppression and poverty. First, there's the all-to-powerful quality of life argument. It's strong, but not very interesting because it's obvious. But I recently thought of something a bit more interesting. In the Stock Market, the ultimate tool of Capitalism, businesses are publicly traded. Ownership of a business is distributed among all of its shareholders, with authority being given to the person with 51% of the shares. However, all the shareholders have some input, because their money is invested and they have a right to withdraw it.
So, in Capitalism, you end up having common ownership of businesses in a way that doesn't involve 5-year plans, confiscation of homes, or proletariat revolts. Not to mention the quality of life and productivity...
But yea, I thought that this idea was also interesting.
Capitalism is the ideal of a free market economy.
Everyone says they oppose. However, it seems that in modern economics, Capitalism has actually begun to achieve the Communist ideals without the oppression and poverty. First, there's the all-to-powerful quality of life argument. It's strong, but not very interesting because it's obvious. But I recently thought of something a bit more interesting. In the Stock Market, the ultimate tool of Capitalism, businesses are publicly traded. Ownership of a business is distributed among all of its shareholders, with authority being given to the person with 51% of the shares. However, all the shareholders have some input, because their money is invested and they have a right to withdraw it.
So, in Capitalism, you end up having common ownership of businesses in a way that doesn't involve 5-year plans, confiscation of homes, or proletariat revolts. Not to mention the quality of life and productivity...
But yea, I thought that this idea was also interesting.