You are viewing a single comment's thread from:

RE: Was Marx's philosophy his own or can we say we will talk about marxisitc philosophy?

in #philosophy8 years ago

We are agreed that helping one another should be the goal of all mankind. I don't see a need to try to make things equal, but a pursuit of good health for all should be at the forefront of everyone's mind.
And we agree that coercion is evil.
You are misunderstanding capitalism though. If there is coercion, capitalism cannot exist. It is freedom in the marketplace, pure and simple.
In capitalism, a person has the choice as to whether they'll work for the company. If they agree to, then they also agree to the terms. They have no room for complaining, because they freely agreed to the terms offered. They can work or they can leave. They can try to renegotiate at any time. But the employer has no obligation to do any more than is initially agreed. That's freedom.
The business owner's responsibility is to profit. This should be done with integrity, but it still should be the pursuit. If robots will make the business more profitable, then the owner must decide whether he wants to keep paying employees to work or reduce his workforce in favor of robots (which would still require some higher paid workers to maintain).
How could this not be freedom? How could anything else be freedom?
The book is a classic in Austrian economics. You will be in the mind of a genius, but his writing can be difficult at times. He writes as if everyone else understands everything he knows. :) Rothbard is easier to understand, if you care to follow that direction of learning. This school of thought is antithetical to the cronyism you decry and the banking cartel that holds so many modern economies in its grip.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 57515.20
ETH 2438.35
USDT 1.00
SBD 2.34