Ong can you please stop mis-characterizing capitalism? There are a million and one examples of collaborations for mutual benefit in a free market. And how does one with capital "control the needs" of others with less capital? Needs are subjective to each individual and capital is a means of fulfilling the needs and desires of others, in exchange for (gasp!) profit. The simplest definition of capital is "property which is used to create other property." It can be a loan that generates interest, or a tool or machine that increases your efficiency, or intensive training to increase your productivity. Capitalism is by far the most anarchic economic system in world history and is responsible for every good thing that has ever existed in the last 250 years.


Reply With Quote