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An Ism About the Isms

An Ism About the Isms

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Published by Jon Vincent Deacon
What is the difference between the three main isms in economics?
What is the difference between the three main isms in economics?

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Published by: Jon Vincent Deacon on Mar 12, 2013
Copyright:Attribution Non-commercial


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An Ism about the Isms
“What in the world are you talking about?” asked Josh.
“Well, it can be complicated so let me back up a little,” said Kevin, “You are familiar with the three political isms?”
“Communism, Socialism, and Capitalism?” queried Josh.
“So what do you know about them?”
“Communism is the whole Marxist idea of a utopia. Capitalism is private ownership andSocialism is somewhere in between.”
“Close, but not really.”
“How so?” asked Josh knowing that he was right.
How couldn‟t he be right that i
s what every teacher had ever taught him about it? He hadread that numerous times. He was sure that is how it was defined a thousand times.
“Capitalism is private ownership and control of resources. This includes the ownership of 
labor. It is ideal in a pure Free-Market situation; however, capitalism is about greed and growth.It is not so much about acquiring more things, but winning. In the process, the Free-Market isdestroyed through the greed to win and come out on top. A good example is how Vanderbilt andRockefeller would use their sheer financial power and control of assets to disrupt the market,manipulating labor and customers causing havoc on their competitors. As they ran into trouble, both Vanderbilt and Rockefeller would buy up their competito
rs‟ stock at bargain basement
 prices, acquiring their companies. This would continue until they reached the levels of monopolies.In a Free-Market, a true Free-Market, the number of competitors and knowledgeable buyers keep prices low and quality high. Labor is offered to the business owners. Labor faces thesame rules as buyers and sellers. If you want to market your labor, you want to keep your qualityhigh and price down at the same time, the employer, if they recognize you as an asset, will dowhat they can to retain you. Again, a good example would be people like da Vinci, Picasso, Dali,or Carnegie when he started out.However, in Capitalism coupled with the desire to win by Capitalist, there is a strongtendency to try to control everything and they do this by their sheer size. To a Capitalist, theFree-
Market means they are free to do as they will and they have.”
“Okay, so what is wrong with what I said or with the Capitalist system?” asked Joshthinking he was in for a win, “I mean if you have what it takes to win, why shouldn‟t you beallowed to grow to such a size?”
Kevin answered with a serious look, “There is nothing wrong with being a success. Butthe problem is not being successful. The problem is being obsessive with winning. These aren‟t
individuals who just won and were happy with that. These are individuals that continue to push beyond the finish line; just like the empire builders of old. They want more and more and it
doesn‟t matter how.”
“So, what is wrong with that?” asked Josh sincerely
“Think about it. We have created a society in which more is desired. Not more growth or 
learning but more things. Kids go to school not to challenge themselves but to get a job for money and more things. Those with money use it to find ways to make more while those without
find ways to get it. We aren‟t a society that is searching for 
solutions; we are a society that seeks
quick, profitable answers.”
“What?” asked Josh.
“Think of it this way. We have created a single dimensional society.
We are obsessed
with measuring wealth as a form of status and it isn‟t even real wealth such as accomplishments,
respect, and friends. It is just the accumulation of things. Money has become a shortcut. If thereis a problem, throw money at it or pay someone else to handle it. Centuries ago, kings foughttheir own battle. Hell, England even had a queen who led the charges against Roman invaders. Ithink her name was Boudicca. Now, they just pay someone else to do it. Back then, it could havecost them their ass, so war was called for only when they felt it necessary and now since their assis not a problem, they are more willing to use military intervention.
We‟ve become a society thatis all about what I can get out of it? It isn‟t enlightenment or educati
on; it is all about things. Weare missing what is real in life. Instead of gaining knowledge, relationships, we are gainingthings and debt to get those things. We are throwing away our lives and opportunities to say,
“Hey, look what I got!”
People are doing whatever they can to obtain what they think will solvetheir wanting. Big corporations are armed with lawyers circumnavigating the law to find ways toincrease profit margins at the cost of employees and customers. Employees are willing to throwaway their lives, their rights, their freedoms to get money to get the things they think they needto define who they are, to feel good about themselves, to emulate their heroes who are nothingmore than people trying to get all of the things they want and doing whatever they can get awaywith to do it. They hide behind a corporate setup or an L.L.C. to do what they can plus their armyof lawyers and politicians they own. They even use the excuse that they are too big to fail.Cecil Rhodes used his money to sway politicians in parliament to support a war with theBoers. Morgan lent tons of money to the Allies in World War I making it hard for Wilson not tosupport them ending with us entering the war that had nothing to do with us. Japan became
militant and went to war to avoid the bullshit of the western powers
they had been pushingJapan around and to acquire what it needed to rise to the level and compete with the western powers to avoid having their government hijacked and their country turned into a colony like therest of Asia.People on the lower end of the spectrum do what they can to get the most they can for theleast just like the guys on top. There are all types of cons, swindles, cheats, thefts, murders on alllevels to just get things. Producers are squeezing more and more out of the cost of the products toincrease profit margins, finding ways to share less and less with the people who actually do thework to earn the money. People are suing like crazy, withholding help to one another, seekingsimple solutions to just get things. No one is learning anything except how to make money andget things.Members of the elite like Vanderbilt or Dimon do something and they are accolade asfinancial genius or go getters if they ask for assistance, they get it for the good of the nation.People on the bottom do something like it and they are nailed for fraud or called moochers.
“Wow, wow, I never would have saw things that way,” said Josh with a look of shock on
his face.
“Even religions are being twisted to ste
al followers from one another and along with it
tithes. People don‟t pray to God for guidance of just to thank God in all of God‟s incarnations;they pray to God for help to acquire things.”
“Well, what about socialism? How is that any better?” asked Josh.
“It isn‟t. It is the nightmare created by capitalism turned into a night terror.”
“How? I thought that it was about the government stepping in and trying to redistributethe wealth; helping all?” asked Josh.
“When you moved away from your mom and dad, you
were forced to learn a lot about
yourself and the world around you, right?”
“Well, yeah,” answered Josh wondering where Kevin was going with this.
“If you still lived at home and they were still taking care of everything for you, would
you have learned an
y of it?” asked Kevin.
“Probably not, probably none of what I have learned,” confessed Josh.
“Exactly, if the government is stepping in and taking care of things, what is there to
challenge the people, the communities to learn, grow, and solve the problem?
“I guess nothing.”

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