"alexy" wrote in message
Mike Berger wrote:

You do indeed have it wrong. Capitalism is about making money.

No, you have it wrong, too. State-owned firms in a socialist system
also try to make money. One might argue that private ownership of
capital (capitalism) increases the focus of managers on profit
relative to those working for state-owned firms, but it is a lot more
complicated than saying that "capitalism is about making money".
Capitalism is about who owns the capital.


True capitalism is based on enlightened self interest, with a healthy dose
of moral rectitude required.

It would do well for all of you (and our present Lawyer/MBA culture) to go
read Adam Smith, again, or for the first time.

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Last update: 12/13/05