Capitalism - Good or bad ?

[kentuck]

89. You make a very good point Skinner...

We would have to have a capitalist system of some sort to come up with cellphones, TVs, and computers, I suppose? Usually if there is a demand, there will be a supply. So they would be supply and demand capitalists, as opposed to private equity capitalists. They would be capitalists that would work to fulfill a demand.

There would be no need for advertising or persuasion, as with much of our present capitalist system. Almost all of our basic needs could be met with simple barter. You would trade (barter) something you have for something someone else has, without the use of money. Or you could swap your labor for a product as a negotiation with another person.

Of course, if we wanted to continue the present society as it is, we, the people, would have to take over the means of productions, such as factories and power plants, and use them for the benefit of the whole. But that would be leaning toward socialism and that may not be acceptable?

But I could envision ways we could live in an advanced, technological world without living under the present form of capitalism.