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Politics

Anti-Capitalism... what does it mean?

101 replies

CogitoErgoSometimes · 27/10/2011 12:51

It can't be just me that keeps seeing 'anti-capitalism' referenced but doesn't understand what it means in practice. To me, any system that involves individuals buying and selling goods is capitalism so, short of going back to a system of barter and exchange, I'm not sure that's what's being proposed. Is it the socialist model of placing all businesses and utilities in public ownership perhaps ... a sort of Chinese style state-sponsored capitalism rather than no capitalism? If it's the kind of capitalism of international financiers buying and selling money that's the bete noire is the proposal that, to prevent speculation, we deposit our money (assuming we still have money, that is) in a bank and they keep it in a nice box, never touch it and give it back when we ask? The end of loans? Interest? Investments?

So that's the discussion point. Please... no links to great long internet passages by way of explanation. Laymans terms thanks. :)

OP posts:
jackstarb · 29/10/2011 21:40

"I am not happy.....I also don't think....I think...I believe that"

EFA - well when you rule the world we know what to expectSmile. But whilst many on this thread might share your values, some might also quibble with them.

And that is the point - who gets to decide what each job is worth to society? At least in the free market salaries are decided (at least theoretically) by what people are prepared to pay for the goods or services provided.

So, for example, making top salary levels publicly available (plus top to bottom ratios) would allow consumers to make informed choices. If people are unhappy with senior pay level they can boycott the company.

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