CAPITALISM
By Jim Randall
Copyright 2021
What is the uproar over capitalism? Why do the (Marxists, socialists, communists) want to get rid of capitalism? Are they able to get rid of capitalism or do they just think they can? Could it still exist when they (the state) own it?
Capital occurs naturally when material and tools are gathered together to produce a product. The value of these items is known as capital, regardless of who owns them. The issue of whether it is called capital or something else depends on the ownership.
Common ownership of the means of production defined by (Marxists, Socialists, Communists) has no label, that I could find. Whether or not they do not choose to call the means of production capital or capitalism, it is still capital.
The problem with holding everything in common like they insist, is that it treats everybody like they are just a number. They say there are no individuals that are different from anyone else (clone). They require everyone to be equal, even though people have difference talents and intelligence. Ooh, no individual freedom or liberty??? This they call paradise and utopia.
Capitalism rewards individuals to try new ideas, To make mistakes, succeed or fail. Capitalism allows the freedom for people to invent new labor saving devices where by all of us can enjoy a better standard of living.