Wednesday 16 November 2011
"Capitalism" As Anti-Concept
Government "favouritism" toward business is a political contingency, i.e. a given business may or may not be treated "favourably" or "unfavourably" relative to some other individual or set of individuals (or another business) depending on whether there are operant political interests involved and what these political interests are.
That criticism aside, I think Long makes a reasonable case for insisting on a distinction between "capitalism" and "free-market".
However, it is important to remember that this distinction will be lost on two kinds of people: those whose minds tend to naturally fixate upon a narrow conception of consequences and those who are simply opposed to the basic principles of a free society to begin with.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Comment moderation is now in place, as of April 2012. Rules:
1) Be aware that your right to say what you want is circumscribed by my right of ownership here.
2) Make your comments relevant to the post to which they are attached.
3) Be careful what you presume: always be prepared to evince your point with logic and/or facts.
4) Do not transgress Blogger's rules regarding content, i.e. do not express hatred for other people on account of their ethnicity, age, gender, sexual orientation or nationality.
5) Remember that only the best are prepared to concede, and only the worst are prepared to smear.