- Capitalism and Alternatives -

Ooooh! You tart!

Posted by: Red Deathy ( Socialist party, Uk ) on May 05, 1999 at 12:35:03:

In Reply to: and humps posted by Gee on May 04, 1999 at 17:49:41:

: Strange, to admit the amazing qualities of liberty and property, then seek to inhibit it.

Like I said, we want to increase that l;iberty, and increase ownership of property.

: This focusses capital where it produces the most wealth. If it 'made money' out of nothing inflation would be several hundred %. The money made reflects the underlying value (ie the value placed upon it by consumers) of the company (although it can be haphazard, its a good guide over time).

It doesn't 'make money, buying stocks and shares just redistributes money allready inc riculation, and, when markets over-value stock, where the zero-sum of the ame kicks in, there is a market 'correction' and money disappears. When other channels of investment are blocked, this happens more and more often.

: Unless enough people dont want you to use what they have made with those resources.

Whereas now where one person won't let me sue them, and I can even discuss the matter with them...

: No useful data proves this, or even shows it in any way we can be confident of. The data that does exist suggests the opposite, an upward trend punctuated by setbacks.

Hmmm, rate of profit shows a marked diminution post 197, and most growth indicators show a downwards trend for Britain.

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