Message from @ᴏᴠᴇʀꜱᴇᴇʀ ꜱᴛʀᴀꜱꜱᴇʀ

Discord ID: 688823127882334304


Do you knowwhat private property means to start with.

2020-03-15 18:53:56 UTC  

Sure

Your car, house and toothbrush are personal property.

2020-03-15 18:54:07 UTC  

Yes

Private property is a resource, that is used by a machine/worker to produce a consumer good you sell and take all the profits generated by everything needed for that product and everyones labor, then distribute it according to your will.

It doesnt mean without private property there are no managers and business positions.

Its just on how income is generated.

2020-03-15 18:55:39 UTC  

Is private property only with Capitalism or?

and Corporatism.

however

For example chinese socialism has provate property.

But its

2020-03-15 18:56:04 UTC  

High economic freedom includes high private property rights, this means high economic freedom is only with "capitalism".

2020-03-15 18:56:16 UTC  

While that's true, the rights are much less than any normal first world nation.

they are responsible to the government not the individual.

But they have property.

2020-03-15 18:56:36 UTC  

The *rights* at which vary, from very unfree to free.

2020-03-15 18:57:02 UTC  

That's what I think you can define 'Capitalism' as "high economic freedom". Without high property rights there isn't "high economic freedom".

What is economic freedom for a worker if his labour and production is someones elses property.

So its exploit or be exploited.

No middle ground.

Even small business have to grow or fail.

Property isnt needed for economic freedom as long you can produce or have a guild.

2020-03-15 18:57:56 UTC  

Sure, but that's not what economic freedom is defined as here.

Any good can be sold.

2020-03-15 18:58:00 UTC  

I'm using Heritage's index.

Regardless of private ownership.

Capitalist always have their definition because if a definition was to be made universal from all political perspectives they wouldnt have arguments to defend it.

I mean they would but they would be pretty bad lol.

2020-03-15 18:59:07 UTC  

Well this is why I don't argue any defintions of Capitalism and Socialism, it's pointless.

2020-03-15 18:59:17 UTC  

So you think the status quo is in decline?

Its forced to.

The problem is that even tho it is in decline it will only adapt and not transform.

2020-03-15 19:00:03 UTC  

So what makes you think it's in decline?

2020-03-15 19:00:09 UTC  

Like any metrics?

Of capitalism or general global economy?

2020-03-15 19:00:52 UTC  

I thought the global economy is "capitalist"

I mean capitalism failed, because it didnt deliver what it promised.

Global economy is neo liberal global market economy.

But yes its that way because of capitalism.