Re: Take Back Your Time Day

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On Tue, 02 Dec 2003 18:44:30 +0000, "chris.holt"
> I don't see why you would say that.  Economies a couple of 
> millenia ago used money, but we don't usually call them 
> capitalist.

Actually we do.  You mean that communists, for some odd reason,
do not call them capitalist.   Mainstreamers and anarchists of
all varieties usually do call them capitalist.

According to Proudhon, (Page 71 of Proudhon's "System of
Economical Contradictions")

: :      we are no further advanced than in the age of
: :      Xenophon  and Hesiod. The Phenicians, the Greeks,
: :      the Italians, labored in their day as we do in
: :      ours: they invested their money, paid their
: :      laborers, extended their domains, made their
: :      expeditions and recoveries, kept their books,
: :      speculated, dabbled in stocks, and ruined
: :      themselves according to all the rules of economic
: :      art; knowing as well as ourselves how to gain
: :      monopolies and fleece the consumer and laborer.

> Capitalism has to do with particular uses of money, e.g.
> accumulating it so that it can be invested in particular
> ways.  Would you say that a king paying for music to be
> produced counts as capitalism?

No, but Socrates investing in a partneship in expectation that
it would succeed in making lots of money does count as
capitalism. 

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         James A. Donald
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