Read Böhm-Bawerk and stop embarrassing yourself. "Round-about production" is capitalism, in both its technological and financial sense.
-
-
Who said I object to anything like supply and demand or roundaboutness? I object attempts to define capitalism as historical.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Property and sovereignty are intrinsically linked. Filmer was writing about property and sovereignty, so was Locke, so was Moldbug.
-
Yes they are. The sovereign, if he wishes for certain results, must still hew to a certain general direction in management of his property
-
You seem to be arguing against a position I don't hold.
-
Let's state it clearly then. What is the implication of your statement about 'capitalism' ?
-
That property is a granting of authority. A series of rights and privileges and not a possession. This has no effect on almost all...
-
...economic theory. The ramifications are political and social. It instrumentalises economics to state craft.
-
No effect? Well then what's all this cribbing about? Kautilya, the advisor to the Mauryan Emperor Chandragupta already knew this 2k yrs ago
-
Everyone knew this before the advent of Whigs and the 16th C property/sovereignty clusterfuck.
- 12 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.