Re: Beauty of Capitalism

[Ashish Hanwadikar <ashish_hanwadikar@yahoo.com>]

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IPI_Marker

Hi MV,

> Where are the American Indian's...........? Did they all
> surrender their properties and vanish into thin air?

You are right! European immigrants shoot them down and spread small pox
among them!

> or
> did the European immigrants shoot them down and spread
> small pox among them to exterminate them?

>  Where was
> property rights and human rights then.......

Nowhere! It was a mass murder by European (later Americans) immigrants!


>
> What about the black slavery?

It was exploitation of black people at the hands of wealthy farmers who
were feudal in nature! It was the Capitalist North America which fought
a bloody Civil War in order to stop it! Tell me about any other country
which risked the possibility of some of the States coming out of the
Union (Country) in order to stop Slavery! India was never a capitalist
country! How come Tribals in India got exploited for centuries! What
about the lower caste people? What about untouchability? What about
women in India? What about Sati? What about dowry deaths?


> Is that all part of property
> rights and capitalism...... think........

No it is not! Capitalism guarantees Govt. protection of life and
property! So it cannot support Slavery!

Regards,
Ashish K Hanwadikar
--- MV <maxv@vsnl.com> wrote:
> ---------------------------------------------------------------------
> Please help make the Manifesto better, or accept it, and propagate
> it!
> ---------------------------------------------------------------------
> IPI_Marker
>
> > From: "Ashish Hanwadikar"
> >
> > > We need to
> > > spread the simple and true ideas of econmic and social liberty to
> > > more people. ANy suggestions ? Any ideas ? I am a student in a
> > > b-school. i could contribute my two-pence worth every now and
> then,
> > > time willing.
> >
> > I agree! Lots of well-educated people are so full of socialist
> bullshit
> > that it is going to take huge amount of efforts to convince people
> of
> > these simple ideas!
> >
> > > Some interesting ideas do come forth in these forums. Don't
> dismiss
> > > the idea of a currency based on energy so easily. REad my reply
> to
> MV
> > > ( the bottom of my reply to be precise) and mail me your
> comments,
> > > (personally or on the forum) about them.
> >
> > As I have already written to IndiaPolicy mailing list anything that
> is
>
> > even remotely connected to "Universal" is repungant to me! It
> smacks
> of
> > Central Planning of Socialism and Communism. If anybody believes in
> > idea of currency based on energy then one should be free to float
> his
> > own currency based on such thing. Based on his credibility and
> > efficiency of the idea itself market will accept or reject this
> idea.
> > But making it a universal fiat currency is so much against
> Libertarism
>
> > and Capitalism that one should reject it outright!
> >
> >
> > > About the tax on ground rent, please read these essays
> >
> > Capitalism is a system in which all the people acknowledge each
> others'
> > property rights (alternative is to keep on fighting for owning more
> > property or protecting the existing property). This ackowledgment
> is
> > not just a kind of ceasefire but also acknowledgment that the real
> > potential of the property comes only through trading and what you
> do
> > with that property. For example, given a sand and few chemicals one
> can
> > turn that into glass and that glass into optic fiber. Thus the real
> > potential of the property to serve our interests comes not from
> > property itself but from the power of ideas that can transform the
> > property into thousand times useful. Thus there is tremendous
> benefit
> > in declaring ceasefire in our fight for property by simply
> > acknowledging each others property and concentrate fully on
> beneficial
>
> > trade and development of ideas. Thus task of protecting one's life
> and
>
> > property is transferred from individuals to a mutually committed
> > arrangement called Government. By agreeing to freeze existing
> property
>
> > distributions and pay taxes to the Govt. for protecting the
> property
> > rights we are free to trade with each others and use the power of
> ideas
> > to enhance the benefits of physical resources available to us.
> Also,
> > when we setup a Govt. and its infrastructure (like Courts,
> military,
> > police etc.) we also agree to resolve our property disputes through
> a
> > well-defined process called as Justice system.
> > The rich as well as poor both benefit from this arrangement. The
> rich
> > because their life and property is protected in return for
> proportional
> > taxes. The poor benefit because they also don't have to
> continuously
> > fight for their survival and when they acquire property (by first
> > earning wages) they can also pay the taxes and get the benefit of
> > property protection from Govt. Not only that, everybody commites to
> > stop fighting for claiming lots of unclaimed property (unclaimed
> land;
>
> > airwaves for transmitting radio, TV; Ocean and Air for
> transportation).
> > The Govt. becomes sole owner of the unclaimed property. Govt.
> should
> > auction of that property to the highest bidder keeping in mind the
> > transaction costs. The proceeds from the auctions can be used to
> > enhance the Courts, Police and Military and rest distributed among
> its
>
> > citizens. Those who point out inequalities between rich and poor
> and
> > recommend that poor fight it out politically (essentially physical
> > force) to regain the lost wealth (which was exploited by rich
> > capitalists) are essentially saying to the poor people that hey,
> guys,
>
> > it is much better to fight for wealth transfer rather than create
> the
> > wealth. All this while these same so-called intellectuals are
> enjoying
>
> > their life in tax-funded educational institutions. Univ. of Calif.
> > Berkelely  in US and Jawaharlal Nehru University in India are a
> case
> in
> > point. These people are what I call poverty pimps.
> >
> >
> > The success of the Capitalism can be gauged by the fact that United
> > States is much more succesful and rich today than even the UK,
> France
> > and other imperalist countries. The UK, France concentrated on
> > acquiring more and more property by using force. To do so however,
> they
> > had to fight among themselves. However, the different states of US
> came
> > together and formed United States of America. The same thing could
> have
> > been done by various countries of Europe. They could have come
> together
> > and agreed to form a United States of Europe. By clearly defining
> and
> > acknowledging property rights the US of A clearly benefitted. Even
> > though US of A started much much later and had won independence
> from
> UK
> > just a 250 years back, and US of A did not attack any other country
> to
>
> > acquire its properties, US of A is much much more richer and
> powerful
> > than all the countries of Europe.
> >
>
> Where are the American Indian's...........? Did they all
> surrender their properties and vanish into thin air? or
> did the European immigrants shoot them down and spread
> small pox among them to exterminate them?  Where was
> property rights and human rights then.......
>
> What about the black slavery? Is that all part of property
> rights and capitalism...... think........
>
>
> >
> > Now countries of Europe are coming together not in a political
> Union
> > but an Economic Union. Economic Union is characteristized by a
> common
> > currency, common central bank, etc. This is highly Socalist in
> nature
> > (smacks of Central Planning to me) which will be very detrimental
> to
> > all countries of Europe. Just watch how it collapses like Soviet
> Union.
> > The first European Union Commission was dissolved because of
> corruption
> > charges! Good start!
> >
> > Regards,
> > Ashish


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