Lee Ving, on 06 May 2013 - 09:19 AM, said:
That said, the means of consolidating the vast majority of wealth into the hands of the few has been a theft from the commons which has existed as a cultural notion for centuries. Taking that back for the community is only theft once it has been codified that privatizing everything is okay; stealing back what was already stolen is simply an expression of class-war attempting to even the scales.
So, essentially what you're saying is that the current ownership relations are phony because they grew from times when wealth was primarily conquered by arms, and that what is required to rectify this problem is a violent one-time radical redistribution of all assets?
I don't see how this is practically, or even theoretically, possible to execute, or compatible with the "libertarian" part of libertarian socialism for that matter.
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Capitalism is not a means of organizing government, simply a term to describe a specific type of economy. To claim that business inundating government with funds is due to statism and not capitalism is a bit disingenuous - once the economy is organized in that manner, it naturally follows that economy seeks to exert greater influence on government.
Wealth will always attempt to influence those in power. It doesn't matter how it was obtained, it will be used as a bribe if there are people to bribe. Where do we have the greatest concentration of power for sale? In the government. Take the power away and there is nothing to sell and thus no buyers.
The idea of having a powerful government with essentially unlimited authority in the economic lives of individuals is a statist one. Such a government is extremely profitable to control.
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Where did they raise this mythical capital from? Disproportionate distribution of wealth into the hands of the few at the costs of the many. Those huge waves of unionization that started with the railroad strikes in the 1880s that didn't stop until WW2? That was a result of that extreme disparity and consolidation.
They raised the capital from investors. Rockefeller, for example, presented his business idea (Standard Oil) to investors, convinced them to invest in his company and eventually his superior product started to dominate the competition. Standard Oil innovated the use of tanks and pipelines instead of barrels and dropped the cost of kerosene to a fraction of what it had been before. He essentially gave reliable lighting to the entire US, something which previously only the rich had been able to afford.
Were unscrupulous and even unlawful methods used? I'm sure. Crime is crime and always wrong, but in general the greatest entrepreneurs always hugely enrich the entire world. After all, the princess could always afford silk stockings, but it took capitalism to make them affordable to the shop girl.
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"Forced" is an interesting concept; the great hemorraging of workers from their sharecropping and subsistence farms occurred because of the consolidation of wealth into fewer and larger agribusiness farms. Namely those that could afford the tools to greatly reduce the labor requirements of modern agriculture. If you don't have a job, and can't compete where you were, you are indeed forced into a new profession.
If a person has two alternatives A and B, both of which suck, and he chooses the one he thinks sucks less, he is not being forced. Force can only come from an external factor, otherwise we would define our bodies' need for sustenance a great evil as it "forces" us to work for a living.
If a person sells his farm to a larger land owner who he cannot compete against, he does so voluntarily even if he hates the outcome. He is not forced to sell, he is simply falling behind the curve and it sucks for him, however, everyone else benefits from the lower cost agricultural products.
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Federated syndicalism is a goal of industrial unionism - it is by voluntary means responding to market forces.
https://en.wikipedia...cho-syndicalism - is a good place to start reading up on it. The CNT in Spain provides one of the few examples of this in practice (before tarrifed out of weapons, backstabbed by Stalin and the communists, and front-stabbed by the nationalists backed by ******).
It seems to me that anarcho-syndicalists view their bosses as having superior rights, which is, at least theoretically and on a general level, false. Both individuals are governed by the same laws and it is not a slave/master relationship but a mutually voluntary contractual relationship. Instead of cursing at your bosses, why don't you just quit? Work elsewhere or start your own business.
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I'd think Bill Gates' net work easily rivals if not surpasses Rockafeller's but its hard to comment on without real data to back up that notion.
Nah, Gates isn't even the richest person alive, Carlos Slim Helu is and his estimated net worth is only $73 billion, much less than the
estimated $340 billion (in today's dollars) of Rockefeller before he donated much of it away in his later years.
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No doubt that the centralized banking system has a big part to play in devaluation of currency, but alongside that we have to consider Freidman's Chicago School Economic Theory as a big participant. Policy decisions from Carter and especially Reagan forward have driven similar ideology, which encourages economic hemorraging to create a greater singular concentration of wealth. Income inequality in Chile is a perfect textbook example of their theory in practice.
Actually, Friedman's monetarist ideas were largely ignored by policy makers in the US. His primary work was within monetary theory and none of it was ever implemented by the Federal Reserve. They favoured the Keynesian approach which is largely responsible for the mess modern economies are in. I'm in favour of an Austrian (Mises) approach to monetary theory, not monetarist (Friedman), however, Friedman is not to blame for poor policy decisions in any major economies of the world simply because nobody listened to him.
Pinochet did likely pick up an idea or two from Friedman when dictating his economic policies for Chile, however, they were actually a great success. When his military junta took over, Chile's economy had been ruined by a socialist government. The state was insolvent, the Chilean peso was going through hyper inflation and the population was among the poorest in South America. Despite Pinochet's tyrannical rule, only 20 years later Chile had become the #1 wealthiest nation in South America with the highest average living standards and Chileans can thank Pinochet's free market reforms for that.
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I'd blame globalization and the declining competitiveness of Western industrialized workers in the face of extremely cheap wage-slaves from foreign lands to be a huge factor in that inflationary loss also. Simultaneously, corporate profits and profits for the top 1% of society have continued to cumulatively grow even when accounting for inflation while the wages of the rest of society have not grown equally.
They are not slaves, they are poor farmers who found a new alternative in industry and they gladly take it. If you think you could waltz into a sweat shop, shut it down and expect cheers from the workers, you're deluded. They'd tear you apart for taking away the one option besides sustenance farming they had.
Edited by Leiska, 06 May 2013 - 11:19 AM.