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[QUOTE=chalsall;394347]Goodwill?[/QUOTE]
Good will is a value, it is not wealth. |
[QUOTE=davar55;394342]Not so. Capitalism began with the invention and use of money.
It was later recognized and described by Adam Smith in The Wealth of Nations. Try to properly define wealth without reference to any concept of money.[/QUOTE]You are conflating "wealth", "money" and "capitalism". Please look up the definitions of those terms, rather than defining them for yourself, and report back on your findings. I claim that there are forms of wealth which are unpurchasable with money. Ever tried buying the UK? Do you believe that purchasing the UK is a plausible aim? Do you deny that the UK is valuable? Ever tried buying happiness? Spiritual fulfilness? Do you deny that Marxist economies create wealth? Note that in this instance I care not about the relevant efficiency of Marxist and capitalist economies at creating wealth, only whether or not they do so. |
[QUOTE=davar55;394350]Good will is a value, it is not wealth.[/QUOTE]
It depends on what one considers to be valuable. |
[QUOTE=xilman;394351]You are conflating "wealth", "money" and "capitalism". Please look up the definitions of those terms, rather than defining them for yourself, and report back on your findings.
I claim that there are forms of wealth which are unpurchasable with money. Ever tried buying the UK? Do you believe that purchasing the UK is a plausible aim? Do you deny that the UK is valuable? Ever tried buying happiness? Spiritual fulfilness? Do you deny that Marxist economies create wealth? Note that in this instance I care not about the relevant efficiency of Marxist and capitalist economies at creating wealth, only whether or not they do so.[/QUOTE] "Wealth, Money, and Capitalism" is an absolutely great title for a book. I suggest GOOGLE would be a goood place to start your research. :smile: The UK, or its people, individually or in toto, possess wealth, but the nation itself is not wealth. The UK is certainly extremely valuable, even to us. I've never tried buying the UK. You can't buy happiness (a basic value), not even with oodles of money. But it's easier to be happy when you have sufficient money than when you don't. Personal spiritual fulfillment is a great value, also greater when you're richer for it. (Bill Gates' philanthropy, as long as he doesn't bankrupt himself or his company, is in this line.) Marxist economies only create wealth to the extent they "grant" relative freedom to some of their inhabitants, the ones who would most prosper under capitalism. Otherwise, the Marxist or socialist aspects of those economies is pure theft. |
[QUOTE=davar55;394361]"Wealth, Money, and Capitalism" is an absolutely great title for a book.[/QUOTE]
If you had the chance to save someone for your own life, would you do it? On what terms? |
[QUOTE=chalsall;394362]If you had the chance to save someone for your own life, would you do it?
On what terms?[/QUOTE] If it were someone I disrespected, or even a random stranger doing something bad or stupid, I doubt I would even think about considering giving mine for theirs. Someone I loved, I would easily risk my life for. In between, say giving my life to save my city or country, I would say I would seriously have to consider it. And if it came down to giving my life to save the whole world, definitely. Let's hope it never comes to any of these. |
[QUOTE=davar55;394361]"Wealth, Money, and Capitalism" is an absolutely great title for a book.
I suggest GOOGLE would be a goood place to start your research. :smile: The UK, or its people, individually or in toto, possess wealth, but the nation itself is not wealth. The UK is certainly extremely valuable, even to us. I've never tried buying the UK. [/QUOTE] I took your suggestion and only found three hits for "Wealth, Money, and Capitalism" Well, four actually, but two hits were for the first entry, so listing without the duplicate: [QUOTE][noparse]Capitalism: the best thing since sliced bread, but only in vacuum ... www.mersenneforum.org › Extra Stuff › Soap Box 13 hours ago - 5 posts - 3 authors You are conflating "wealth", "money" and "capitalism". Please look up the definitions of those terms, rather than defining them for yourself, and ... Wealth is Created by Action Based on Rational Thought ... https://objectivismforintellectuals.wordpress.com/.../wealth-is-created-by-act... Aug 31, 2013 - ... that happened in the Renaissance, Enlightenment and the Industrial Revolution. Further reading on values, wealth, money and capitalism:. Timeline Photos - Facebook m2.facebook.com/AsapSCIENCE/photos/a.../426798067451229/?... Giovanni Figueroa. Wealth, money, and capitalism= inaginary evil bullshit. The only reason we opperate with money us because the state and capitalists shove ...[/noparse][/QUOTE] At no time did it mention 129. I see 1229 on the last entry, but the extra two could also be an Erdős Number. My number is [URL="http://en.wikipedia.org/wiki/Mu_(negative)"]無[/URL]. |
Apropos? [url]http://www.skepticink.com/tippling/2015/02/03/on-the-skepticism-of-free-market-economics-part-1/[/url]
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[QUOTE=axn;394390]Apropos? [url]http://www.skepticink.com/tippling/2015/02/03/on-the-skepticism-of-free-market-economics-part-1/[/url][/QUOTE]
This looks good to me and I think it is excellent for this thread. Also, looking up the words "protasis" and "apodosis" led me to a nice wiki page on [URL="http://en.wikipedia.org/wiki/Conditional_sentence"]conditional sentence[/URL] grammar that briefly compares the form in a few languages. |
[QUOTE=davar55;394361]Marxist economies only create wealth to the extent they "grant" relative freedom to some of their
inhabitants, the ones who would most prosper under capitalism.[/QUOTE]Very well, so you now accept that capitalism is not the only way to create wealth. You previously stated: [quote]Capitalists, and only capitalists, create wealth, practically by definition of wealth and capitalism.[/quote] We're making progress. |
[QUOTE=axn;394390]Apropos? [URL]http://www.skepticink.com/tippling/2015/02/03/on-the-skepticism-of-free-market-economics-part-1/[/URL][/QUOTE]
[QUOTE]Britain adopted free trade only in the 1860s, when its industrial dominance was absolute. In the same way in which the US was the most protectionist country in the world during most of its phase of ascendancy (from the 1830s to the 1940s), Britain was one of the world’s most protectionist countries during much of its own economic rise (from the 1720s to the 1850s).[/QUOTE] Bravo. The dirty laundry comes out. |
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