iNcog wrote:How can you "abuse a system".
That's why you have laws and justice systems in place. To prevent abuse..
If capitalism presents flaws or loopholes (which it does) in ways which can be abused, you have regulations in place to close that up. That's why there is no such good thing as a 100% free market.
Capitalism itself is inherently correct, it's based on individual freedom. There are going to be loopholes in it which need to be closed up, yes.
I would point to the shortcomings of legislation and a poor ability to enforce economic laws (tax evasion and corruption) rather than just say "capitalism is evil hurr durr"
I see you are from France by your flag emblem, I do not want to sound like "oh yeah i understand the world better cause im from other place" but i do understand the "abuse a system" part, In Mexico we have capitalism as most countries do today, and we do have laws and justice systems, but in any system were corruption exist there will be abuse, i know for what i have brevely talked with a cousin that for the last 10-15 years have lived his adult life in France, that this abuse and loopholes are harder to grow in well designed and administrated countries.
Im gonna give an example that actually happened, while my cousin wanted to sell some "lightbulbs" he was offering the best quality available on the market, however he was trying to sell them here in Mexico, he was bringing them from Netherlands, he tried to sell them for public ligthing, the problem was that no one here wanted quality not public or private sector, they only wanted the cheapiest posible so they could say that it cost 5-6 times that and get that money for themselves, thats basically how free market works were i live (and i belive is probably not the only one). Systems can be and will be abused, while the main objective of this systems remain to be the adquisition of wealth and as far as wealth can be translated to power.
Now for the capitalism it's based on individual freedom, then we have to define individual freedom, this is problematic since freedom is something that we could spend days, months and years trying to explain, but i think that it can be safe to say indivual freedom is any action that doesnt coerce any other individual into such action, by this definition, Capitalism it's actually not about individual freedom but more about individual success, cause you have to ask yourself do you really have a choice about what you will work, or do in life, i mean you do, but you are forced to pay a price if your decision is not a marketable, see i've seen these hundreds of times, people studying and working on stuff they don't like or even dreamt about, but they have to do it cause it pays well, i've heard them say let's be realistic you have to study this cause it will bring bread to your table, does that sounds like a good example of individual freedom? it is freedom but for me most of the free mark scheme is a bunch of coersion and i am not saying it's evil, it's practical, much more practical than the socialist or communist alternatives, it sorts out by itself, but it's far from being "individual freedom" you have the freedom to buy or sell or own a lot of stuff, but not the actual freedom to choose your part in such system.
I made it sound way too gloomy, but i think it remains accurate somewhat.