General Discussion
In reply to the discussion: The differences between Socialism & Communism [View all]Yes, the ruling class response to people's (inevitable) dissatisfaction with Capitalism is Fascism, We are seeing that here in the US now.
Capitalists don't believe in a "free market," they strive for monopoly and government favoritism. All governments under Capitalism pick winners and losers.
"True Capitalism" is purely imaginary. Capitalism is a historical phenomenon, not a religion, and it develops and evolves over time, just as Feudalism did.
If you are going to call Capitalism "Socialism for the rich" can we then call Socialism "Capitalism for the poor?" Words lose meaning when we throw them around like that. The word is not the thing. I am talking about a system with social relations based on commodities for exchange, private ownership of the means of production; and wage labor. That is a plus or minus 500 year phenomenon, a stage in the development of human productive forces, something that actually exists no matter what we call it.
Again, the word is not the thing and Capitalism is not a religion. Yes, there is an ideology associated with Capitalism, and there are various beliefs about it - free markets, supply and demand, the invisible hand and other such fantasies . But as is the case with slavery and racism, first comes the economic drive then comes the ideology that is manufactured to justify and rationalize that economic behavior.
Edit history
Recommendations
0 members have recommended this reply (displayed in chronological order):