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Little-Acorn
11-20-2012, 10:49 PM
We still hear the whines and fears of liberals who believe that an entire nation full of people working mostly for their own good, can never coalesce to form a nation where the good of all is overall increased steadily, day after day, year after year.

Available evidence indicates otherwise. 200 years' worth.

A timely reprint, slightly updated.

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http://www.jewishworldreview.com/jeff/jacoby112703.asp

Giving thanks for Capitalism

by Jeff Jacoby
Nov. 27, 2003

Today, in millions of homes across the nation, God will be thanked for many gifts — for the feast on the table and the company of loved ones, for health and good fortune in the year gone by, for peace at home in a time of war, for the incalculable privilege of having been born — or having become — American.

But it probably won't occur to too many of us to give thanks for the fact that the local supermarket had plenty of turkey for sale this week. Even the devout aren't likely to thank God for airline schedules that made it possible for some of those loved ones to fly home for Thanksgiving. Or for the arrival of "Twilight Saga, Part 2" at the local movie theater in time for the holiday weekend. Or for that great cranberry-apple pie recipe in the food section of the newspaper.

Those things we take more or less for granted. It hardly takes a miracle to explain why grocery stores stock up on turkey before Thanksgiving, or why Hollywood releases big movies in time for big holidays. That's what they do. Where is God in that?

And yet, isn't there something wondrous — something almost inexplicable — in the way your Thanksgiving weekend is made possible by the skill and labor of vast numbers of total strangers?

To bring that turkey to the dining room table, for example, required the efforts of thousands of people — the poultry farmers who raised the birds, of course, but also the feed distributors who supplied their nourishment and the truckers who brought it to the farm, not to mention the architect who designed the hatchery, the workmen who built it, and the technicians who keep it running. The bird had to be slaughtered and defeathered and inspected and transported and unloaded and wrapped and priced and displayed. The people who accomplished those tasks were supported in turn by armies of other people accomplishing other tasks — from refining the gasoline that fueled the trucks to manufacturing the plastic in which the meat was wrapped.

The activities of countless far-flung men and women over the course of many months had to be intricately choreographed and precisely timed, so that when you showed up to buy a fresh Thanksgiving turkey, there would be one — or more likely, a couple dozen — waiting. The level of coordination required to pull it off is mind-boggling. But what is even more mind-boggling is this: No one coordinated it.

No turkey czar sat in a command post somewhere, consulting a master plan. No one rode herd on all those people, forcing them to cooperate for your benefit. And yet they did cooperate. When you arrived at the supermarket, your turkey was there. You didn't have to do anything but show up to buy it. If that isn't a miracle, what should we call it?

Adam Smith called it "the invisible hand" — the mysterious power that leads innumerable people, each working for his own gain, to promote ends that benefit many. Out of the seeming chaos of millions of uncoordinated private transactions emerges the spontaneous order of the market. Free human beings freely interact, and the result is an array of goods and services more immense than the human mind can comprehend. No dictator, no bureaucracy, no supercomputer plans it in advance. Indeed, the more an economy is planned, the more it is plagued by shortages, dislocation, and failure.

It is commonplace to speak of seeing God's signature in the intricacy of a spider's web or the animation of a beehive. But they pale in comparison to the kaleidoscopic energy and productivity of the free market. If it is a blessing from Heaven when seeds are transformed into grain, how much more of a blessing is it when our private, voluntary exchanges are transformed — without our ever intending it — into prosperity, innovation, and growth?

The social order of freedom, like the wealth and the progress it makes possible, is an extraordinary gift from above. On this Thanksgiving Day and every day, may we be grateful.

gabosaurus
11-21-2012, 12:20 AM
Do you know who popularized any early analysis of capitalism and its basic concepts about 150 years ago or so ago?

Karl Marx.

Robert A Whit
11-21-2012, 01:46 AM
Do you know who popularized any early analysis of capitalism and its basic concepts about 150 years ago or so ago?

Karl Marx.

So, I don't mind that you consider Karl Marx a guru but I think the rest of us are thinking more like Adam Smith or Milton Friedman. I am currently reading Milton Friedmans book called Capitalism and Freedom and I also have Hayek's book on the same topic. I finished Hayek vs Keynes. Very useful book.

avatar4321
11-21-2012, 03:00 AM
Capitalism is merely the natural law of economics. It's what happens naturally when people are free to trade amongst themselves without restrictions.

What I've always found interesting is that it blesses people who live good lives and when people arent living good lives, the economy has a downturn. It's focused on efficiency. You aren't efficient, you don't make money. You want to make more money? You find a way to serve people better.

fj1200
11-21-2012, 07:10 AM
Do you know who popularized any early analysis of capitalism and its basic concepts about 150 years ago or so ago?

Karl Marx.

Smith and Bastiat might disagree.

Tyr-Ziu Saxnot
11-21-2012, 10:06 AM
Do you know who popularized any early analysis of capitalism and its basic concepts about 150 years ago or so ago?

Karl Marx.

Just for you Gabbby. Read and learn, check the link for more. That is if you are even capable of learning!



http://quotes.liberty-tree.ca/quotes.nsf/quotes_about!ReadForm&Count=50&Start=101&RestrictToCategory=communism


Communism Quotes 101-143 out of 143
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Dr. John Joseph Ray, quotes about Communism: (http://quotes.liberty-tree.ca/quote/john_ray_quote_cc8f) http://www.debatepolicy.com/quotes.nsf/stars5.gifhttp://www.debatepolicy.com/quotes.nsf/viewadd.gif (http://quotes.liberty-tree.ca/quote_blog/John.Ray.Quote.CC8F)
The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word 'Nazi' is a German abbreviation for 'National Socialist' (Nationalsozialist) and the full name of Hitler's political party (translated) was 'The National Socialist German Workers' Party' (In German: Nationalsozialistische Deutsche Arbeiterpartei).
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What, actually, is the difference between communism and fascism? Both are forms of statism, authoritarianism. The only difference between Stalin’s communism and Mussolini’s fascism is an insignificant detail in organizational structure.
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Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!
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How do you tell a Communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.
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In an ironic sense, Karl Marx was right. We are witnessing today a great revolutionary crisis -- a crisis where the demands of the economic order are colliding directly with those of the political order. But the crisis is happening not in the free, non-Marxist West, but in the home of Marxism-Leninism, the Soviet Union.... [Communism will be] left on the ash heap of history.
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The years ahead will be great ones for our country, for the cause of freedom and the spread of civilization. The West will not contain Communism, it will transcend Communism. We will not bother to denounce it, we'll dismiss it as a sad, bizarre chapter in human history whose last pages are even now being written.
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It is the Soviet Union that runs against the tide of history.... [It is] the march of freedom and democracy which will leave Marxism- Leninism on the ash heap of history as it has left other tyrannies which stifle the freedom and muzzle the self-expression of the people.
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Robert A Whit
11-21-2012, 03:35 PM
Capitalism is merely the natural law of economics. It's what happens naturally when people are free to trade amongst themselves without restrictions.

What I've always found interesting is that it blesses people who live good lives and when people arent living good lives, the economy has a downturn. It's focused on efficiency. You aren't efficient, you don't make money. You want to make more money? You find a way to serve people better.

My percentages are different but when followed, this rule I call the ten percent rule works fine.

If you can HELP others to get better off, and your cut is 10 percent, once you help ten, you make 100 percent. Help 11 and you make 110 percent. Doublt and you earn double.

People pay well for top notch help.

Hard work pays.

I believe that the money I made was due to 99 percent preparation and 1 percent service.

I couild save customers so much time that my money made was like it was Xmas time.

Kathianne
11-22-2012, 12:08 AM
Do you know who popularized any early analysis of capitalism and its basic concepts about 150 years ago or so ago?

Karl Marx.

No brainer there, but what do you think of LA's post or even Marx's conclusions and why?

logroller
11-22-2012, 02:48 AM
Do you know who popularized any early analysis of capitalism and its basic concepts about 150 years ago or so ago?

Karl Marx.
I think what you've highlighted is that economic theories are often (always?) perverted by the sociopolitical mechanisms which apply them. Capitalism just seems to fit the nature of the masses better than any other. Not to say its perfect, it not, but nothing is comparatively better.

It reminds me of John Lennon's song Imagine...truly a beautiful song with a very fitting title; its gonna happen would be misleading.