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Strategies & Market Trends : ahhaha's ahs
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To: deeno who wrote (7987)4/13/2006 2:54:46 PM
From: ahhahaRead Replies (4) of 24758
 
"without true property rights, there is no innovation, and without innovation, forget capitalism...."

I agree

? Innovation does not need either capitalism nor property rights.

Capitalism does not need property rights. It does not need rule of law. It works in spite of these structures which are put in place for other reasons. Also, rule of law and property rights do not coincide. Indeed, property rights are usurped by rule of law every day via, say, eminent domain.

The point I was making was that getting labor at the cheapest possible price that they are willing to take (including bene's) without interference from the state (a sweatshop to you) seems like a pretty capitalistic trait. A sweatshop to you is salvation to another.

You see her creeping socialism and you see it correctly.
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