STOCK MARKET WATCH - Monday, 6 February 2012

[Tansy_Gold]

29. But.. . . .

In the search for new markets and new sources of supply, capitalism condoned slavery and colonialism and even genocide.

And was it capitalism that instituted quality control, or the necessity of the marketplace? Mass production w/interchangeable parts was an innovation that required quality control, but it didn't require capitalism. Capital yes, capitalism no.

Capitalism hasn't always honored workers' contributions and contracts. If it had, there wouldn't be unions.

Capitalism as an -ism, as an ideology, hasn't done any of these things. People operating under a capitalist model may have, and even governments operating on that basis may have for a while, but the idea that he has the capital makes the decisions, is free to keep or break or make the law, etc., those are all parts of the actual ideology.

Can you tell I'm reading Terry Eagleton?