Capital in the hands of the people is a useful means of solving computationally difficult resource allocation problems, but the allocation of capital isn't anything holy: you "own" or control property because it solves a problem more efficniently than the alternatives, not because ownership of property is an axiom of the system. And property ownership is not the solution to all problems.
Production is for the common good, but the greed motive should be acknowledged and used to better the common good.
Socialist Capitalism seems to be a reasonable label for such an economic philosophy. Possibly you disagree.
Dost:
Quote:
Type I just wants the chance to work hard and provide a good life for themselves. They don't want government to interfere in their lives.
Type II wants government to provide things for them, normally through the exploitation of Type I. The top 1% of wage earners in America pay 25% of our taxes.
This country was formed and made great by Type I, it is being ruined by Type II.
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That reads like an Ayn Rand novel^H^H^H^H^H^H rant. =) It seemed to me that you where implying that the 1% of the population that pay 25% of the taxes where the Type Is.
There are people who don't enjoy playing the money game, and would rather just do things. And playing the money game effort rewards people more than just doing things. So, attaching virtue to those who succeed more at the money game has issues.