SellyCat said:
[Hi Jane!]
The "liberal minded capitalism" must necessarily and constantly be distinguished from "neo-liberal capitalism" which is a linguistic abasement meant to confuse the issue entirely. "Liberal is good right, mommy?"
Neo-liberalism simply means "Everybody shut the fuck up, we're going to do whatever we want, and you're going to buy stuff and we're going to teach you that you wanted this all along...and that 'the people' built this themselves...IT'S NATURE!"
And I also think it's not the best idea to endlessly quote thinkers from centuries past. DeafPlayer is totally right that Adam Smith would shit a brick if he saw how his ideas were contorted to mean "all restrictions must be removed, period". That wasn't his philosophy at all... We *must* compare his writings to the systems that were implace AT THE TIME, not those that currently function today. Neo-liberals take it so far they advocate the uselessness of governments, which I find to be very frightening. Especially because they are lying--they want governments to support business and stop supporting the public. They seek to leverage the unique tools available only to governments--such as professional violence and diplomatic power--against their competitors.
"Free markets" are supposed to be all about competition, and yet it is obvious that competition is anathema to the goals of big business today. They spend such vast sums of capital on advertising specifically so they don't have to compete over the objective quality of their products and services. And the consume smaller rivals to eliminate them as competitive rivals. "Free Market Capitalism"--as it is currently manifested--is about monopoly.
I support the idea of drawing on a wide range of perspectives for the purpose of reforming and restraining the problematic trends currently unfolding. Deafplayer and I were going to write a treaties called "On The Current Bullshit Prevailing In The West".
Reform--in my opinion--is preferable to revolution, because revolutions have to seek unanimity--which is impossible--and because differing opinions threaten revolutionary goals, violence becomes the language of discourse used in "persuading" disagreeable segments of the population it aims to save, help or enrich. (more on this later.)
every time i see your post i think of that "smelly cat" song from friends,
anyway i agree in a general sense, though you are reducing the issue quite a bit non?
studying the past helps us to form sound policy for the future, but only a zealot would propose the past economic thinkers had all the answers. i think adam smith would shit his pants just as much as marx would if they saw what their philosophies were abused in the name of.
equally nitechze when the nazi's hijacked his concept of the superman.
does the errant direction of the capitalist system render the ideas of smith useless and dated, unworthy of study? no, and same fo rmany past thinkers.
neo this and neo that i agree are misnomers. seems like everything is neo liberalism, neo-colonialism, or neo-conservatism, im nto even sure what it means beyond the google search results.
like i said before i always thought canada was a good example not just of universal health care or human rights as much as an emaple that a society can have capitalistic tendencies with the potential for prosperity opportunity brings while still providing basic nesescities and being a tolerant society with free expression.