Thursday, September 1, 2011

Capitalism

Capitalism causes conflict and war because it requires unequal exchange.  What is called profit is overcharge.  There is only profit after everything has been paid for including pay to the capitalist for his or her labor.  Capitalism tells us by its name that it is biased toward capital.  We need unbiased exchange.

Fair trade is equal trade.  Making time the denominator of money will encourage fair trade because it will encourage equal trade, my time for your time.

We do not need to switch to socialism, which is collective ownership.  We can keep a money economy which gives each of us freedom to buy and sell whatever we want.  We just need to make exchange equal rather than unequal.

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