MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘capitalism’

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Dear Socialists: The People HAVE Seized the Means of Production… Using Capitalism.

Posted by M. C. on February 13, 2019

The government is what is standing in the way of the people fully seizing the means of production. Not the capitalists…

https://www.grnewsletters.com/archive/thedailybell_newswire/Dear-Socialists-The-People-HAVE-Seized-the-Means-of-Production-Using-Capitalism-656599203.html?e=&u=S6bT5&s=oHMPjb

By Joe Jarvis

The proletariat did not have to seize the means of production in a violent socialist coup.

Capitalism handed the means of production to the workers voluntarily.

And it did so for a profit.

We traded violent destructive revolution for peaceful productive markets… and accomplished more than socialism could ever imagine. And we are just getting started.

Socialists have long seen injustice in the fact that the workers who do the labor don’t get to keep the entire product of their labor.

And capitalists have responded by claiming that providing the means of production and organization entitle them, not the workers, to the profits.

But the entire argument is moot.

Production costs have dropped so low that basically anyone can accumulate the capital to launch an independent endeavor.

And that has revealed that it was never really about the capital…

Socialists are right about one thing: labor is the main driver behind production.

Unfortunately, they fail to see the value in the labor of the capitalists and managers.

Allocating capital to productive endeavors takes skillful labor. Organizing and running a business takes skillful labor. That’s why most new businesses fail.

But any worker who has these skills can now buck their capitalist overlords, seize their own means of production, and the socialist revolution is complete…

Read the rest of this entry »

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EconomicPolicyJournal.com: Are Marxists Motivated By Love Or Hate?

Posted by M. C. on November 24, 2018

Great comment: Capitalism makes people richer, communism makes people dead. Exactly the opposite of what the Marxists promise.

Jordan Peterson

This tells you why the state media and educational system hate this guy.

http://www.economicpolicyjournal.com/2018/11/are-marxists-motivated-by-love-or-hate.html#more

https://youtu.be/C73fArKUfYQ

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Capitalism vs. Socialism – LewRockwell

Posted by M. C. on May 30, 2018

Think Sean Penn Venezuela

https://www.lewrockwell.com/2018/05/walter-e-williams/capitalism-vs-socialism/

Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is…

Tragically, two-thirds to three-quarters of the federal budget can be described as Congress taking the rightful earnings of one American to give to another American — using one American to serve another. Such acts include farm subsidies, business bailouts, Social Security, Medicare, Medicaid, food stamps, welfare and many other programs. Read the rest of this entry »

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Capitalism has new rules. And they’re seriously messed up. | The Daily Bell

Posted by M. C. on May 6, 2018

And New Rule #1 is: Businesses no longer need to make money.

Classic example easy cash via the Fed. Easy money+stupid government inspired programs=YOUR money down the drain.

The government subsidizes Tesla production otherwise it is economically unfeasible. The government provides rebates for Tesla buyers because otherwise they are economically unfeasible.

Tesla has production problems. No probs, there is more easy out there for investment.

Tesla is a bridge to nowhere on steroids.

Banksters and government (sorry, I repeat myself) are pushing for a cashless society.

Cash in your pocket is not part of the plan. The only wallet for digital dollars is a bank computer. Banks will charge you to keep your digits and there is nothing you will be able to do about it. Banksters/government can play there digital games to make money from your money then charge you for it. That is what ‘negative interest’ is all about.

Ron and Rand Paul want to end the Fed.

They want to keep government and banksters out of your business and your life.

Yes, you should have voted for Ron Paul and there is no substitute on the horizon.

http://www.thedailybell.com/news-analysis/capitalism-has-new-rules-and-theyre-seriously-messed-up/

It was just a month and a half ago that Tesla approved an eye-popping long-term pay package, worth as much as $50 BILLION to founder and CEO Elon Musk.

And on Wednesday afternoon, Tesla held its first corporate earnings call since then.

You’d think that Elon would have been gracious and professional, anxious to demonstrate that the shareholders’ trust in him has been well-placed.

Instead the call was filled with contempt and disrespect, with Elon outright refusing to answer questions that he deemed ‘boring’.

Bear in mind, Tesla’s financial results were gruesome; the company burned through yet another $1.1 billion in cash last quarter. That’s 70% worse than in the same period last year. Read the rest of this entry »

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The Many Ways the Pope Is Wrong About Capitalism | Mises Wire

Posted by M. C. on April 2, 2018

https://mises.org/wire/many-ways-pope-wrong-about-capitalism
As Lawrence J. McQuillan and Hayeon Carol Park aptly note, “Wealth must first be created before it can be given to others. Capitalism is the greatest wealth creator the world has ever seen, lifting billions of people out of abject poverty. The pope’s antimarket fervor stands at some distance from the facts.” (p.95)…

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Global Warming is About Destroying Capitalism? | Armstrong Economics

Posted by M. C. on February 4, 2017

https://www.armstrongeconomics.com/world-news/climate/global-warming-is-about-destroying-capitalism/

This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time, to change the economic development model that has been reigning for at least 150 years, since the Industrial Revolution.”
Dick Fox, my friend and Chairman of Temple, began to lead them on to get the truth behind their movement. Low and behold, they too admitted it was not about the environment, but to reduce population growth. Dick then asked them, “Whose grandchild are we trying to prevent from being born? Your’s or mine?”

And you thought eugenics was a made up word from a Star Trek movie. It has been around a long time. Mrs. Bubba’s hero Margaret Sanger was a eugenicist. The government was to decide who was undesirable and a candidate for sterilization. Environmentalism, begun by groups like the Club of Rome, was nothing more than a new false front program to control how the unwashed masses, you and me, should live. 

This what the Progressive movement is about. Their deciding what is best for the rest of us. 

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