General Discussion

hifiguy

(33,688 posts)

23. I've been using "free enterprise" to describe actual producers

Tue Jul 3, 2012, 02:10 PM

Jul 2012

of goods and services for a while now. I use it as the antithesis of "financial capitalism" which is the reigning definition of capitalism these days.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

43 replies

= new reply since forum marked as read

Highlight:

what's clearest term to distinguish businesses that actually make things and provide services and... [View all] yurbud Jul 2012 OP

One set are manufacturers and the other are financial institutions? sinkingfeeling Jul 2012 #1

Entreprener vs rateyes Jul 2012 #2

couldn't an entrepreneur be a financier as well? yurbud Jul 2012 #8

I think you hit it.... Wounded Bear Jul 2012 #3

Easy - Creators and vultures - in that order. HopeHoops Jul 2012 #4

I like that except the financiers have already claimed they are job "creators" yurbud Jul 2012 #10

Producers vs Vampire Squids... PoliticAverse Jul 2012 #5

+1 IDemo Jul 2012 #16

Structural vs. "Jenga" or parasitic. Arctic Dave Jul 2012 #6

I suppose the term "money changers" would work. Liberal Veteran Jul 2012 #7

that got an anti-Semitic rap somewhere along the way yurbud Jul 2012 #14

perhaps "non-profit"? unblock Jul 2012 #9

at one point, the gov't had to figure out difference between legit multilevel marketing and pyramid yurbud Jul 2012 #11

I make money without screwing anybody except perhaps myself. I don't make much, lol. kestrel91316 Jul 2012 #12

what do you do? yurbud Jul 2012 #13

Veterinarian - feline-exclusive practice kestrel91316 Jul 2012 #15

so when the Red Cross calls, you can tell them you gave blood at the office yurbud Jul 2012 #18

You got it! kestrel91316 Jul 2012 #24

it's a bit like white privilege / male privilege, etc. kinda hard to avoid it even if you're trying unblock Jul 2012 #17

I once heard you can't make a profit unless you buy things and people for LESS than they are worth yurbud Jul 2012 #21

well, that ignores any "value add" that you bring to the table. unblock Jul 2012 #25

profit could still be beyond the "value added" yurbud Jul 2012 #26

exactly, and that's the problem. it's a half-truth that profit is earned. unblock Jul 2012 #30

while cheating can enrich one person at the expense of another BOG PERSON Jul 2012 #35

How about "tangible businesses" vs. "financial parasites"? ProgressiveEconomist Jul 2012 #19

that's pretty good. yurbud Jul 2012 #22

And how to differentiate jobs that actually produce something from executives that are bonused postulater Jul 2012 #20

your mom is right. yurbud Jul 2012 #27

And how ironic that she's the life-long Republican postulater Jul 2012 #32

Isn't it interesting ... 1StrongBlackMan Jul 2012 #29

I've been using "free enterprise" to describe actual producers hifiguy Jul 2012 #23

How about ... 1StrongBlackMan Jul 2012 #28

"Rentiers" could be the term you want. PETRUS Jul 2012 #31

I believe this to be accurate Populist_Prole Jul 2012 #40

I believe the proper term is arbitrage vs. every other kind of business slackmaster Jul 2012 #33

it's not so easy to distinguish b/w finance capital and industrial capital BOG PERSON Jul 2012 #34

that is the problem: the financial sector has become a cancer that has infected real businesses yurbud Jul 2012 #37

i guess BOG PERSON Jul 2012 #39

Leeches? Honeycombe8 Jul 2012 #36

Producers vs. Conjurers? Iris Jul 2012 #38

Hosts vs parasites Tom Ripley Jul 2012 #41

Distinctions SoDesuKa Jul 2012 #42

How about this: if you invest in helping family and businesses succeed, you're a good banker... yurbud Jul 2012 #43