Quote:
Originally Posted by henry quirk
By definition: Capitalism is only about 'capital', so it's natural for the Capitalist to see himself protected by the Big Stick, hence he works to see regs minimized on himself and maximized on his competition. The Capitalist always has an eye open for bringing every penny into 'his' coffers (not his competitor's and sure as shit not his customer's or employee's). Capitalism is a Keynesian exercise that promotes intrusive, irresponsible, playin' favorites, muckin' with culture, government (rule by the powerful).
By definition: Free Enterprse is only about the trading individual as he transacts with other trading individuals. The Big Stick is excluded ('cept as final arbiter of dispute) so it's natural for the Free Enterpriser to be cautious and moderate (he has no safety net to catch him or teat to nourish in bad times). 'Too big to fail' is alien to the Free Enterpriser cuz the reality of failure looms (the wolf is always at the door). Free Enterprise is an Austrian exercise. Free Enterprise promotes less intrusive, responsible, largely silent, neutral, government (proxy-hood).
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Thank you for explaining this--it's actually really helpful to see how you've broken down what you view as the causes and effects of different systems, and to understand what you mean when using different terms.
This makes it easier to see that our views are based on similar concerns. And, of course, unless either one of us is omnipotent, or has a PhD in several different fields, much of this is interpretation of information and analysis we've received from outside sources.