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Old 12-19-2012, 08:28 PM   #7
Bob.Kerns
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Quote:
Originally Posted by SegNerd View Post
Not every aspect of capitalism directly involves capital.
Ah, but an exchange of wages for labor is hardly unique to capitalism either.

Quote:
Originally Posted by SegNerd View Post
I don't claim to be an economics expert, and my description was not meant to be comprehensive, but nonetheless I'm not sure what part of my description you're claiming was inaccurate.

I was not alleging a child labor law violation, just raising it as a question.

I still feel like you missed my main point, which is that for you to simply dictate any price for the work means it is not socialism. Socialism means you pay the exact value - nothing more, nothing less.
Ah, I wasn't saying you described capitalism inaccurately. You hardly described it at all, so I wasn't criticizing your depiction, but rather Rolacoy's.

I do not at all agree with your description of socialism. It's certainly not about pricing policy. 100% of the value of the labor? What does that even mean? How do you set that price? Market? Fiat? Vote?

But my criticism there is that your statements are too vague to constructively disagree with, and I doubt either of us would be enlightened by trying for a better definition. I really don't find socialism all that interesting, and I suspect you're more interested in a notion of "fairness".

But really, the point of my response was that the issue you raised of child labor, I found interesting enough to do some digging. And was somewhat surprised by what I found. Certainly, it was not to criticize or disagree with your bringing it up!

By pointing out the flaws in Rolacoy's (and your) description of the political systems, I was trying to say that the educational value here wasn't about political philosophy at all. (Note: I'm agreeing it wasn't socialism!) The role of work, and basic ideas of fairness, perseverance, deferring pleasures to obtain a goal...I'll argue that these lessons are not political philosophy at all, but life lessons.

I will grant, however, that these life lessons OUGHT to inform political philosophies, though at times, they seem ignored.
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Obviously, we can't have infinite voltage, or the universe would tear itself to shreds, and we wouldn't be discussing Segways.
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