| reply to rayeger
Re: corporate playbook Capitalism is based on private controlled goods and people trading based on a free market. It has nothing to do with out of control executive pay which actually borders more towards a communist method of economy then capitalism. |
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patcat88
join:2002-04-05
Jamaica, NY
kudos:1 | said by Metatron2008:Capitalism is based on private controlled goods and people trading based on a free market. It has nothing to do with out of control executive pay which actually borders more towards a communist method of economy then capitalism. Communist method of economy has wealth distribution and intentional inefficiency/busy work.
Banana republic or feudalism is more like it. Gather the capital, enslave the labor, collect the spread, use army/police to enforce your rule. Concentration of capital, Marx was right. |
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| said by patcat88:said by Metatron2008:Capitalism is based on private controlled goods and people trading based on a free market. It has nothing to do with out of control executive pay which actually borders more towards a communist method of economy then capitalism. Communist method of economy has wealth distribution and intentional inefficiency/busy work. Banana republic or feudalism is more like it. Gather the capital, enslave the labor, collect the spread, use army/police to enforce your rule. Concentration of capital, Marx was right. But that's the point. You've never had a real communist country, they've all been banana republics or feuds |
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