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| Fire in the Sky (photo by V.A.McMillan) |
Title: Collective
Capitalism Re-Visited…I Was Wrong!!
In
the original article https://mtnmanblog.blogspot.com/2019/05/collective-capitalism-concept.html I fell into the trap of manipulated
lexicon or vocabulary. I assert I am not an economist, political scientist, or
investment manager. I am just a person who has questions about the world we
live in. So, this blog post I would like to re-visit my previous blog post and
make corrections.
Let’s
us start with that vocabulary or lexicon issue. I used the word capitalism to
describe an economy. This was a conditioned response…I was not paying full
attention to the words I was using. My bad. The word I should have used to
describe what I was envisioning was FREE MARKET ECONOMY. I, like many from GEN
X, have been subtly manipulated through the education process to believe that
capitalism and free market economy are the same thing. A simple exchange of
words that on the surface do not seem to be much different. Much like what we
see going on around us, today. Subtle substitutions of language to manipulate
future outcomes. That Karl Marx guy was very cleaver…a subtle, malevolent
ideology to undermine and collapse the Industrial Revolution. Seems Marx’s
infiltrate, subvert, manipulate, and overthrow strategy still works today.
Capitalism and Communism, Marxists constructs to undermine, are the same outcome,
only at different ends of the same continuum. Capitalism on the right and
Communism on the left.
As
I have mentioned repeatedly, I am not an economist. In my limited understanding
on this topic Capitalism has the end goal of corporate rule – of the economy.
Remember that childhood board game – Monopoly?? A simple game, roll the dice,
move your marker around the board, buy properties, utilities, and avoid landing
on spaces owned by others or going to jail. Pass Go! And collect $200. Add houses
and eventually hotels to your property and in no time, you are a tycoon! The
end goal is to be the one holding the “monopoly” (sole ownership of the whole
board) and have everyone else indebted to you or bankrupted off the board. Indoctrination
works by subtly switching good for bad – in simple moralistic terms. A child’s
board game as a weapon of subversion???
At
the polar opposite end of this continuum is Communism…a system of governance
where some self-appointed ruler believes they have a better understanding of
life and they should centrally control all aspects of life, starting with the
collective production of goods for the economy. The central control decides
what needs to be grown in the field, harvested from the forest, produced in the
mills, build on the assembly line, AND what the common worker should be allowed
to purchase and when. However, Communism is not marketed and sold for the
oppressive central control…no, no, it is sold as working together to achieve
common goals to the betterment of the society or community… under the yoke of tyranny
cooperation. [Too subjective??]
Now
let’s get back to Free Market Economy a system of economy where
the market (as in community marketplace) determines what is produced, in what
volume, at what price, and for how long. This is the system advocated by Adam
Smith in his lengthy book The Wealth of Nations (1776), yah, yah, yah…I
know that is not the proper full title – An Inquiry into the Natures and
Causes of the Wealth of Nations (1776) Volumes I, II, II, IV, & V. You
can get your PDF copy online, free for the downloading from many websites. I
have made it a few hundred pages into the 1204 pages, it is written in an older
writing style and vocabulary, which does not make this a light or easy reading
tome. However, the ideas suggested are more in line with what most folks think
when they use the word capitalism in place of free market economy.
In
my understanding, free market economy is the actualization of the demand and
supply model of innovation, production, and profit. One person needs a “widget”,
another person is capable of making and motivated to make the “widget”. Now you
have a market – supply someone’s need. A little while later a new person says, “Not
only can I make the “widget”, but I can also make it from superior materials,
faster, and more affordably.” Now you have competition. If both parties are
allowed to sell their goods at the market uninterrupted by trade guilds or governments,
and the buyer exercises their “free-will” to purchase the “widget” or support the
“widget” company they chose; then, you have a free market economy. Unlike, a
purely Capitalistic economy model motivated towards monopoly; the free market
economy is motivated by producers meeting the needs of end-users. There is no
need to produce goods no one needs and then have marketing companies brainwash
you into thinking you “NEED” that useless product.
So,
if I was to return to my original idea…I guess what I wanted to convey, was an
ethical, moral marketplace where goods are produced of superior quality, in the
local economy, would pay back dividends to the community by being a strong
partner with the community. Innovators and entrepreneurs would be free to
design and develop what the community needed and would be motivated to generate
a reasonable return or profit. Communities, and I guess by extension, economies
that are either oppressed or suppressed by government or corporations that are
immoral and unethical will stifle and eventually kill the market, economy, and
the community. Too bad humans are most inventive during times of conflict, it
seems some folks are genuinely motivated to keep a climate of chaos and crisis
perpetuating. Maybe one day we will see the silver lining of all this conflict.
In
my humble opinion, we, Earthlings’, would be better off working together to
achieve mutually beneficial goals.
Until
next time…solve the problems you can.
Mountainman.
