Irresponsible Babbler

There is a severe misunderstanding of what capitalism is.  The irresponsible babblers will provide all sorts of definitions.  All of which are wrong.  Capitalism is mass production for the masses.  It’s not production or transfer of wealth to the so-called elite.  It certainly doesn’t involve a monopolistic counterfeiter.  Property is voluntarily transferred.  A businesses’ success is based on how well it serves the masses.

A business will go bankrupt as soon as they stop listening to demands.  The goal is to serve the public in the best and cheapest possible way.  The only way, on a free market,a business can succeed is by following the orders the masses give them.  The business doesn’t have to listen to the demands of the central planning authority.  The masses aren’t too stupid to know what they want, like the state thinks.

There is a passionate hatred for capitalism.  The gender studies professor is upset that many others can make more than him.  Others, he feels, are performing less important work.  He doesn’t realize that others make more than him because it’s what the public demands.  They aren’t concerned about articles on gender.  His work won’t receive demand on the market so he, and others like him, must go through the state.

All nations are moving towards full control.  Step-by-step freedom is disappearing.  It’s becoming difficult to find the truth.  One of the most powerful tools of freedom is information.  This is labeled as “misinformation” and will be censored.  We can only have free flow of information with private control of property.  People are liquidated in a modern way.  They aren’t thrown into camps, yet, but they are censored.

There isn’t privilege in capitalism.  People don’t earn wealth from preferential policies.  Words are redefined.  The meanings always shift.  Of course, all of this is branded as “capitalism.”  This is really anti-capitalism.  They label what they do as “progressive” and “liberal.”  It’s actually the exact opposite.  The world is well on its way to full control.  We must point out the emperor has no clothes.

Reference

Ludwig von Mises; The Anti-Capitalist Mentality