The Mudcat Café TM
Thread #119670   Message #2603791
Posted By: GUEST,lox
03-Apr-09 - 07:21 AM
Thread Name: BS: Fred Goodwin's home attacked - hahaha!
Subject: RE: BS: Fred Goodwin's home attacked - hahaha!
I wasn't paying any attention to the word "conservative" at all actually.

I was focussing on the words "supporter" and to a lesser degree "advocate".

Nothing exists in isolation teribus, and commercial practice and economic reality affect the political landscape.

a capitalist (as in the type which is a supporter of capitalism) will of course be of of the view that capitalism is essential in a healthy economy.

They might (as you seem to be doing) disagree that capitalism has political implications.

But that is based as much on their political point of view as it is on their belief in the merits of capitalism in isolation.

Their political understanding and viewpoint is such that it Exempts capitalism from politics, in much the same way as yours appears to have done.

I am afraid that there really is such a thing as The Politics of Capitalism.

It includes the political viewpoint which says that capitalism should be subject to restrictions and also that which says that it should be free of interference.

The latter of these viewpoints would be the political ideology of a supporter of capitalism.

Or in other words, the political ideology of a capitalist.


So while what you say is correct, that capitalism works better without interference, that is only useful where capitalism exists in isolation from the rest of existence.

But where capitalism exists within the context of a political society, the politics of capitalism are concerned with another issue.

Is unfettered capitalism entirely beneficial to society (upon which it depends for consumers and income) or would it be in societies interests to regulate capitalism so that any harm that it causes can be minimized.

And what responsibility do capitalists (the very wealthy and investors) have to the consumers upon whom they rely so heavily.

And that is as simplistic a description of the politics of capitalism as I can offer.

A capitalist would of course argue that regulation is a bad thing and that view would be representative of their political ideology.