Comments on: Capitalism’s worst enemy http://polizeros.com/2008/01/23/capitalisms-worst-enemy/ Musings on politics: Antiwar, global warming, peak oil and otherwise Fri, 09 Jan 2009 22:15:49 +0000 http://wordpress.org/?v=2.7 hourly 1 By: DJ http://polizeros.com/2008/01/23/capitalisms-worst-enemy/comment-page-1/#comment-147881 DJ Thu, 24 Jan 2008 01:25:32 +0000 http://polizeros.com/2008/01/23/capitalisms-worst-enemy/#comment-147881 Adam Smith's concept of the self interest that drives the capitalist system is widely misunderstood these days as greed. He'd be horrified. Rather, self interest meant to him sound communities, trusting relationships, and a small enough gap between rich and poor that the poor need not turn to violence. I've said it before: this global greedfest ain't capitalism, it's anarchy. Adam Smith’s concept of the self interest that drives the capitalist system is widely misunderstood these days as greed. He’d be horrified. Rather, self interest meant to him sound communities, trusting relationships, and a small enough gap between rich and poor that the poor need not turn to violence.

I’ve said it before: this global greedfest ain’t capitalism, it’s anarchy.

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