anarcho-capitalism

An oxymoron. A capitalist society cannot be anarchist, simply because wealth equals power. Whenever someone gets rich, he gains power over others, thus effectively nullifying all principles anarchism is predicated upon.

Proponents of anarcho-capitalism and other right-wing libertarians only want the state off their backs so they can exploit the workers even more.

by PoopyPoo September 25, 2005

capitalism

Sorry Uberman-you are mistaken. Capitalism is not based on greed, but rather based on the idea that the fruit of a man's labor belong to that man to decide how to use. It simplifies the barter system, by standardizing the trade mechanism into a form of "capital" (hence the term).

With capitalism, if I grow a better crop, I get to keep that crop and trade it for capital, which I can then use to purchase things I need. Rather than have to trade my wheat for chickens I don't need, to trade those for the iron I do need.

Under socialism or communism, individuals do not own/control the fruit of their labor, but rather the community or the Government does.

Not a very good thing.

Perversion of anything is bad...but don't blame the mechanism for the faults of humans.

Communism is where the government controls what's produced, socialism OWNS what's produced, and capitalism says "I earned it-it's mine...now bite me"

by Bob Smith23124 November 16, 2006

capitalism

A socioeconomic system based on financial subservience, minimalist government, the polarization of society, and the allocation of economic control to any number of petty, competing parties.

Usually coexists with commercialism and plutocracy.

"By using the means of production, the workers produces new goods which become the property of the capitalist. It is important to understand that even in theory the payment of the worker is not determined by the value of his product. Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of smaller ones. The result of these developments is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society." - Albert Einstein

by Albie Wangsta March 25, 2004

anarcho-capitalism

Anarcho-Capitalism is redundent in using the term "capitalism". With anarchy there is no government...hence no restrictions on capitalism. It's like saying Libertarian who loves freedom, or intelligent genius.

Anarcho-Capitalism promotes a stateless society, where people are unprotected from buying things they might actually want. Anarcho-Capitalism allows employers to pay employees whatever they want...but what's worse is it allows employees to actually accept any wage they want.

by Bucky O'Hare May 3, 2006

capitalism

Three words: Does not work. Of course, neither does communism, but since people are evil in nature, we'll pretty much never be happy.

Stalin to Russian government: "Maybe we should switch to capitalism" (Awkward silence)
Everyone: (roaring laughter)

by Dominik92 February 27, 2008

capitalism

The surest known process for separating the rich from the principled.

by Anonymous June 8, 2003

anarcho-capitalism

Otherwise known as free market anarchism. The only political philosophy that offers true freedom in all respects - Both politically, and economically. It entails a lack of formal government combined with a completely free market.

Anarcho-capitalism is the most viable form of anarchism.

by Totallynotaraper September 13, 2011