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|    alt.politics.economics    |    "Its the economy, stupid"    |    345,374 messages    |
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|    Message 343,376 of 345,374    |
|    davidp to All    |
|    They don't require someone to tell them     |
|    16 Mar 23 22:26:46    |
      From: lessgovt@gmail.com              QUORA: Why is capitalism the only ideology that works?       ---answered by Brandon Ross, Small-l libertarian, Oct 24, 2023              Capitalism is not and does not attempt to be some kind of comprehensive       ideology. It does not attempt to redefine logic or meaning to serve its ends.       It does not have ends.              Capitalism arose from a fairly simple, practical question: what makes the       people of a nation materially (i.e. economically) wealthier?              The early capitalists had some answer to that. Sort of. The answers were more       of the form, “Don't do X.”              Among them, don't destroy wealth. Don't prevent wealth creation out of       political spite. Separate the government's treasury from the market itself.       Don't maintain anti-labor statutes which prevent productive behavior. Don't       tax wealth creation out of        existence. Don't do things your nation isn't good at. Don't refuse to trade       with other nations because of their politics and religions.              Capitalism doesn't call for great political upheaval. Or, violent revolution.              If you someone with a political ideology who wields power doesn't do these       things, everyone else eventually figures out the rest. At least, much of the       time. They don't require someone to tell them what to do to pursue their own       ends.              Capitalism doesn't really tell you how political power should be wielded. It's       largely indifferent to the specifics.              On the other hand, if you do the things which the capitalists warned of,       “Hey, that's a bad idea which some people learned the very hard way,” you       run the risk that you're greater political ideology eventually won't have any       material legs to stand on.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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