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Showing posts with the label "property rights"
The crimes of Stalin, Mao, Pol Pot and others have been explained and condemned by socialists. When will capitalism answer for its crimes?
"A social system based on private ownership of production can’t support the kind of planning that could avert environmental catastrophe. The owners of capital are fragmented and compelled by competition to look after their own interests first, and any serious planning would have to override property rights — an action that would be aggressively resisted."  Sam Gindin