[ExI] How slow is capitalism?
sjatkins at mac.com
Wed Apr 27 21:30:15 UTC 2011
On 04/27/2011 03:20 AM, BillK wrote:
> On Wed, Apr 27, 2011 at 10:46 AM, Jones Murphy wrote:
>> So answer the question, Eugen. How slow is real capitalism?
> Capitalism depends on free trade between equals.
No. It depends on free trade Period. There are no such things as exact
equals among people. They only need to be equal in their negative
rights to be left alone and not have force in its variants initiated
> Without that one party is stealing from the other.
> In the real world this can never be achieved as two parties won't have
> equal knowledge, ability or experience.
So you are claiming that the only fair economic interactions are ones
that are coerced by some authority outside the parties directly
involved? Why limit your reasoning to only economic interactions? Why
not extend it to say, romantic and courtship interactions, or discussion
interactions where some are "unfairly" brighter or more informed than
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