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thompsonx -> RE: Pointless Observation of the Day (4/16/2007 10:06:42 PM)
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quote:
ORIGINAL: SusanofO thompsonx: I'm not sure what you mean. Maybe it is free enterprise, but I thought that capitalism operated in other countries, and between them, too (regardless sometimes of what they label themselves, except for maybe China, and a few others, and China is growing in its capitalistic tendencies). IMO, 'free-enterprise' takes place mostly within a capitalistic economic framework (and maybe that was your point?), but I am sure it can operate on a limited basis in nations where the base is socialistic or communistic as well (just much less so). It does in China (I read about it in TIME magazine). People world-wide, are operating much more in a global economy these days, are they not? Where are the Koi being shipped from? From one country, several, or just within the US? In any case, I am all in favor of people being able to buy and sell Koi, at whatever price the market will bear (I am just not well-informed about what a "fair price" would be. That was my point). - Susan Susan: Many like to link capitalism and free enterprise...they are not the same and in many ways antithetical to one another. Free enterprise presuposes a level playing field. Capitalism seeks to tilt the playing field in favor of capital. If capital can acquire slave labor in China and bring that product to the U.S, and sell it against the same product produced with labor that is protected from slavery that tilts the playing field against free enterprise. There are some who would argue that the abolition of slavery is a form of socialism because it deprives a man of his property ie: slaves and thus his advantage in the market because his only cost for labor is acquisiton and maintainence. Capital also seeks an unlevel playing field in that they do not wish to negotiate with labor as a group but as an individual while they as capital negotiate as a group. Since they have all the economic wherewithall they need for sustinance they can out wait labor until they are hungry enough to work for what they are offered. I would be the first to admit that all the differences between capitalism and free enterprise cannot be dealt with in a few lines of type these are a few of the major differences. We outlawed slavery in our country so now the capitalist seek to exploit slavery in other countries and try to wrap it in the cloak of free enterprise. The fact that someone who lives in Hati or China or Banglidesh is poverty striken and a U.S, manufacturer takes an americans job that pays a wage of twenty dollars an hour and hires ten or twenty or thirty people in a foriegn country and justifies it with the statement that they are better off at a dollar an hour than to starve is justification enough to take the job away from the greedy american worker...but capital still takes its cut off of the top. CEOs are not outsourced only labor. thompson
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