Capitalism is not feudalism

You are correct both Republicans and Democrats believe in feudalism. That is, success means accumulating the most capital and power and is clearly enunciated by Reaganomics. Capitalism, as described by Adam Smith, means the business owner is able to invest in any scheme without affecting the quality of life of their society. Capitalists should be the owners and care morally for their workers while feudalism has no concern for any part of society they do not live within. It's funny that the democrats feel feudalism is fine; but then, Reaganomics spent a major amount of propaganda making feudalism the uncontested norm. Hegel is ok with capitalism and, certainly, not with feudalism. Richard Pearlman

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  • Richard Pearlman
    published this page in Ask Prof. Wolff 2017-02-14 20:58:04 -0500