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legion legion is offline
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Join Date: Sep 2004
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Quote:
Originally Posted by berettafan View Post
and this is why pure capitalism has no place in modern society.
You too, clearly, have no idea what capitalism is. Capitalism is many small producers (individuals or companies) making large volumes of products that are indistinguishable from producer to producer. This means the producer with the lowest price gets the most sales and the producer with the most efficient method of production has the highest profit.

Monopoly, oligopoly, marketing, branding, and specialty products are all methods for producers to break capitalism. Regulation and control are methods for government to break capitalism as they restrict new entrants from a marketplace and inflate the costs of production.

The media thinks capitalism is the same as corporatism. They are not. Corporations can engage in capitalism, or they can try to subvert it using the techniques I've mentioned above.
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Old 09-22-2015, 10:20 AM
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