06-26-2003, 02:37 PM
(This post was last modified: 06-26-2003, 02:40 PM by Occhidiangela.)
I refer to "pure" capitalism rather than "theoretical" capitalism. I understand what you are getting at, but for what I was discussing "pure" capitalism seems to me a bit more likely a possibility due to it not requiring infinite resources. Boom and Bust will still occur.
Pure capitalism has been modeled for years, and its suggested effects, in dozens of science fiction and speculative fiction novels and short stories wherein the Corporations become Governments, set up conditions that evolve into a system where economic 'city states' have their own private armies, for example, and Corporate Security are your cops. In short, rather than 'Might Makes Right' you get 'Money Makes Right.' Given the RL model of the Doges of Venice from the Renaissance, it is not all that far fetched of an idea, though much of their wealth derived from trade/retail rather than production.
The outcome is that the average Joe becomes little more than a wage slave, but his wages are part of the economic engine that keeps the Capitalists at the top thanks to their wealth.
Pure capitalism has been modeled for years, and its suggested effects, in dozens of science fiction and speculative fiction novels and short stories wherein the Corporations become Governments, set up conditions that evolve into a system where economic 'city states' have their own private armies, for example, and Corporate Security are your cops. In short, rather than 'Might Makes Right' you get 'Money Makes Right.' Given the RL model of the Doges of Venice from the Renaissance, it is not all that far fetched of an idea, though much of their wealth derived from trade/retail rather than production.
The outcome is that the average Joe becomes little more than a wage slave, but his wages are part of the economic engine that keeps the Capitalists at the top thanks to their wealth.
Cry 'Havoc' and let slip the Men 'O War!
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete