Harry Veeder wrote:
>
> In my opinion, capitalism is just the pursuit of MONETARY profit. This
> can happen ONLY in an economist system which employs an extensive
> price-system for guiding the production and distribution of goods and
> services. Take away prices and money and there can be no "capitalism".

i don't understand what you're trying to say.  you seem to think that
prices and money are all that are required for capitalism.  i can
demonstrate that many more factors are necessary to have a system that
follows capitalist doctrine at all.
thanks,
coaster brake


>
> Harry Veeder
>
> On Mon, 2 Jun 1997, coaster brake wrote:
>
> > Paul E J King wrote:
> > >
> > > On Sat, 17 May 1997, Michael Coghlan wrote:
> > > >
> > > > I would have thought that it was abundantly clear - and again this is not
> > > > from a theoretical standpoint - that socialism has failed in practice and
> > > > that capitalist societies have shown themselves to be remarkably resilient
> > > > in providing comparatively better lives for their citizens. People can
> > > > debate the advantages of one against the other on a theoretical level, but
> > > > in practice the answer is clear. Socialism has failed.
> >
> > it's a kick to hear people talking about how socialism has failed, or
> > how capitalism will fail.  neither of these doctrines have ever been
> > implemented.  the united states is far from capitalist.  where's the
> > competition?  the free market?  why are there monopolies?  oligopolies?
> > why does the state run the economy?  in what ways is the united states
> > capitalist, aside from its cultural values?
> > just some questions...
> > ben
> >