Well, if debating with the crazy drunk on the streetcorner entertains you, have at it.
Actually, given your blind worship of capitalism, you're halfway to sitting beside him sharing the bottle.
Capitalism can not eradicate poverty
- Thread starter gore0bsessed
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Actually, given your blind worship of capitalism, you're halfway to sitting beside him sharing the bottle.
Yeah, I wondered about that. Barter is perfectly acceptable under capitalism. For that matter, for most of the history of capitalism, barter was the only form of contract for goods.
Perhaps somebody doesn't really understand capitalism.
Bartering within capitalism allows for the negotiation of value.... The commie version does not
I'm kind of in favour of bartering (makes it a little tough for the taxman) - not sure they have the facilities to handle a sack of spuds.
Reminds me of the old Jimmy Stewart movie Shenandoah when the doc came to deliver the baby and probably took maybe a few chickens or whatever the farm produced for pay. I spent a lot of time talking with the old timers out in the Ozarks and one of the things they use to say was, I'm going to town to do some trading. Wasn't much cash going around back in the day I guess and they'd trade one service for another. A little carpenter work for a bushel of corn, a hog etc. Wouldn't be a bad form of exchange.
You poor, unbelievably inane, little child.
I would make a bet that you did not even read past the header on the page because it had the word "bank" on it.
Here is the list of indicators that they used to decide poverty rates: Indicators | Data
And here is a page describing what the World Bank is about: About
Perhaps. But it sure describes you.
where are we? a toxic planet with more poverty than ever.
this guy just said "poverty is a choice", in first world countries. he got +2 rep on his post too. as if i needed another indicator of how stupid most of the people that frequent here are, this one was probably the most damning.
who barters anymore retard.. and that's always subject to information asymmetry , hardly a flawless operation for exchanging goods.
i was on my 4th beer and was not about to read the crap you pass off as sources.
communism was founded on the poor working class overthrowing the criminal bourgeoisie who steal the profits of their toil. it has nothing to do with the state, what do you think anarcho-communism is?
So you admit to being willfully ignorant. Why am I not surprised.
Yet people tend to follow leaders anyways. So however small, there usually is some form of government with a leader or leaders at the top.
Close to being non-existent.
Merriam-Webster's definition is
"an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market"
and from Investopedia:
"
DEFINITION OF 'CAPITALISM'
A system of economics based on the private ownership of capital and production inputs, and on the production of goods and services for profit. The production of goods and services is based on supply and demand in the general market (market economy), rather than through central planning (planned economy). Capitalism is generally characterized by competition between producers. Other facets, such as the participation of government in production and regulation, vary across models of capitalism."
"an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market"
and from Investopedia:
"
DEFINITION OF 'CAPITALISM'
A system of economics based on the private ownership of capital and production inputs, and on the production of goods and services for profit. The production of goods and services is based on supply and demand in the general market (market economy), rather than through central planning (planned economy). Capitalism is generally characterized by competition between producers. Other facets, such as the participation of government in production and regulation, vary across models of capitalism."