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Re: undenatured Capitalism

Posted by KayeBaby on February 1, 2007, at 14:16:04

In reply to Re: undenatured whey » Jimmyboy, posted by tealady on January 23, 2007, at 16:10:45


Capitalism is fundamentally about individual rights and not exploitation as you seem to imply.
In economics it refers to privately or corporately held capital and a system that that operates under a free market.


We are participating in a laissez-faire environment reflective of capitalism right here in this forum.

Dr. Bob owns the site so he strikes the bargain and we are free to take it or seek a better option elsewhere.

I would say that Jimmyboy, having freely entered into an exchange with Dr. Bob and upon finding value in this barter would be a very good example of capitalism.

Capitalism is the system that gives the whey mercant the right to develop and sell his product it is also the system that supports the individuals in the process of deciding which product at what price suits them best.

This is off topic I am sure but you did ask, no?

Kaye


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URL: http://www.dr-bob.org/babble/alter/20070201/msgs/728774.html