Re: Socialism and Capitalism

On Jul 18, 6:05 am, Topaz <mars1...@[EMAIL PROTECTED]
> wrote:
> On Thu, 17 Jul 2008 01:12:36 -0700 (PDT), jetgraphics
>
> <jetgraph...@[EMAIL PROTECTED]
> wrote:
>
> >CAPITALISM - An economic system in which the means of production,
> >distribution and exchange are privately owned and operated for private
> >profit.
>
> This is propaganda and spin. If that was all there was to it,
> Capitalism would be fine. But in reality capitalism is the opposition
> to anything a government might do to help its citizens.

JG: You may be misled by governments who claim to be "capitalistic"
but are not. If the government helps secure your right to life,
liberty and private property, it is in harmony with the capitalism. If
the government denies your right to life, liberty or private property,
it is NOT capitalism.

By that simple description, the U.S.A. has not been a capitalist
nation since 1935, and the institution of "voluntary" national
socialism.

However, as it was first conceived, in 1776, the United States of
America were in harmony with the principles of capitalism.

To illustrate: Virginia Constitution. 1776.

http://www.yale.edu/lawweb/avalon/states/va05.htm

SEC. 6. That elections of members to serve as representatives of the
people, in assembly, ought to be free; and that all men, having
sufficient evidence of permanent common interest with, and attachment
to, the community, have the right of suffrage, and cannot be taxed or
deprived of their property for public uses, without their own consent,
or that of their representatives so elected, nor bound by any law to
which they have not, in like manner, assembled, for the public good.

All men ... cannot be taxed without their own consent.
All men ... cannot be deprived of their property for public uses
without their own consent.
All men ... cannot be bound by any law that is not for the public
good.

When was the last time you heard any American government admit THAT?