4 ms·

Good point. "Pro-capital" is often a more accurate and precise term than "pro-business."

marcosdumay 11y ago
Pro entrenched interests. But that may be too clear to be useful. Not all capital is entrenched.
protomyth 11y ago
Well its certainly not pro-capitalism as it inhibits a fair market. I just put it under cronyism. Entrenched interests are always a problem unless checked by laws or new technology.
- rodgerd 11y ago
  > Well its certainly not pro-capitalism as it inhibits a fair market. Of all the delusions about economic system, the one that capitalism loves free markets is the most hilarious.
  - protomyth 11y ago
    Of all the delusions about economic system, the one that capitalism is about anything but free markets is the most hilarious You can mock it, but that's the whole point
    - rodgerd 11y ago
      The point of capitalism is return on capital. The ultimate return will be generated by monopolies, duopolies, or cartels. Capitalism is fundamentally antagonistic to free markets.
      - protomyth 11y ago
        you seem to be talking about what theseatoms mentioned, because capitalism is nicely summarized by Wikipedia as: Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.
- theseatoms 11y ago
  Yes, "pro-capital" as in "favoring the owners of the means of production."
  - protomyth 11y ago
    Ok, thought you just missed the end. Yep, you are correct as it does favor the owners of the means of production. I wonder what groups would show up if a Representative tried to get a law nationally that mirrored CA's NDA rules?

Pro entrenched interests. But that may be too clear to be useful. Not all capital is entrenched.

Well its certainly not pro-capitalism as it inhibits a fair market. I just put it under cronyism. Entrenched interests are always a problem unless checked by laws or new technology.

rodgerd 11y ago
> Well its certainly not pro-capitalism as it inhibits a fair market. Of all the delusions about economic system, the one that capitalism loves free markets is the most hilarious.
- protomyth 11y ago
  Of all the delusions about economic system, the one that capitalism is about anything but free markets is the most hilarious You can mock it, but that's the whole point
  - rodgerd 11y ago
    The point of capitalism is return on capital. The ultimate return will be generated by monopolies, duopolies, or cartels. Capitalism is fundamentally antagonistic to free markets.
    - protomyth 11y ago
      you seem to be talking about what theseatoms mentioned, because capitalism is nicely summarized by Wikipedia as: Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.
theseatoms 11y ago
Yes, "pro-capital" as in "favoring the owners of the means of production."
- protomyth 11y ago
  Ok, thought you just missed the end. Yep, you are correct as it does favor the owners of the means of production. I wonder what groups would show up if a Representative tried to get a law nationally that mirrored CA's NDA rules?