On Tue, Oct 06, 1998 at 01:03:25PM -0500, Jim Choate wrote:
Wrong. Socialism is the belief that property is best managed and owned by the government. This is within the context of a free market. This means that the *ONLY* two parties involved are the producers and consumers. I am discussing an alternative approach to business management.
I think the property refered to is "capital goods" or "the means of production"
Fascism is the belief that property should be owned by private individuals but managed by governments.
how can you "own" something yet not control it? fascism is a form of socialism
Capitalism is the belief that property should be owned and managed by the individual. Note that this definition doesn't prevent 3rd party regulatory bodies, but they neither own or manage the activity, only limit its' scope.
if a "3rd party regulatory body" has any ability to "limit" through a monopoly of force granted by the state it is a part of the state any true cypherpunk must be a libertarian.. -- 1024/D9C69DF9 steve mynott steve@tightrope.demon.co.uk http://www.pineal.com/ travel is fatal to prejudice, bigotry and narrow-mindedness. -- mark twain