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RE: The End of Captialism!
Capitalism is usually described as producing excess value by selling something for more than the labour that went into it. This creates two general classes: labourers and capitalists.
The free market is just an open exchange/supply and demand model... this can happen anywhere. It just so happens that our government’s mandate is to protect the “free” exchange of goods. But capitalism isn’t the free market...
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@mastersa, are you against making a lot of money? So, if you had a trillion dollars, would you scream and try to get rid of it? I want to make government smaller. There are different definitions to capitalism. When I say capitalism, I am talking about free markets. But if you are good at business, you will have excess because of profits and that is good. I love money. I love profits. Capitalism is the free market. But you are talking about crony capitalism and not free market capitalism.