From errata
Well, who do YOU suppose benifits from ‘capitalism’? Again, we aren’t talking 19th century capitalism here, but its modern incarnation that we see in the US, Europe, the pacific rim, etc. Do you think that only the richest folks benifit from ‘capitalism’??
Um…Pre-soviet Russia wasn’t a capitalist country btw. It was a monarchy with a landed aristocracy. Pre-communist Vietnam wasn’t a capitalist country either…it was a colonial posession, and before that it was a monarchy also. As for France, it was a colonial POWER, or an OLD school capitalist country, when it was getting that wealth from Vietnam.
I would disagree with your premise…the ‘good life’ in the western powers isn’t bought at the EXPENSE of the third world. Its a deal that goes both ways today, with relatively cheap products imported from these nations, and jobs FOR these nations. Just the influx of capital TOO them (in the form of wages, increased infrastructure, etc) is a huge boost. Those workers will eventually want to spend their earnings on more than just subsistance, and so they become consumers…NEW markets for either local or foriegn companies. Eventually, their wages will rise. No? Show me where this HASN’T happened then (i.e. for a third world country that has been capitalist for any length of time).
Those third world powers that are supplying the the first world of today are DEVELOPING industrial nations…they will be tomorrows economic peers. Countries such as India and even China where a lot of that cheap labor you are talking about come from are building up their industrial infrastructure with the influx of capital (I know…I helped build it in India).
You have to understand something…ALL of our countries were at the ‘sweat shop’/cheap labor level at one time or another, including the US (just ask Sandino). However, as a country progresses it doesn’t STAY at that level for ever…if you think they do, show me a full blown capitalist country that has. Look at South Korea and Japan. Limited resources, poor infrastructure to start…world economic powers today. Why?
From errata
We saw communism in response to the bad old days of the 19th century when a more pure form of capitalism was the norm…not to how it is today. If communism was still palatable, why are all the big ones gone or going? The only hold overs are countries like Cuba and North Korea.
Those ways and days of pure capitalism are long gone. Unlike communism, capitalism took (or more truthfully had beaten into them, by blood and iron…the capitalists iron, our blood) many of the socialist aspects that tend to soften it…and make it infinitely more palatable to people who AREN’T at the top of the food chain. Today, what you see now, is SOCIAL-capitalism…heavily modified.
From errata
If this is a veiled reference to Iraq, all I can say is, if THIS was the reason, someone didn’t do very well for their economic plan. So far this thing has cost us $80 billion plus with no end in sight. There is no way, if we steal oil from now till doomsday (which we aren’t…we arent taking ANY of the oil afaik) we will NEVER pay off that debt. Personally, I feel Iraq was a stupid thing to do…but I dont make the mistake of thinking it was done for capitalist reasons, because it wasn’t. It was done for political and idealogical reasons, not economic.
-XT
