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Firstly your number for slave trade is way too low, tens of millions died in slavery, estimates range up to 150 million. The only way you can get number that lo
by ClumsyPilot 3y ago
Firstly your number for slave trade is way too low, tens of millions died in slavery, estimates range up to 150 million. The only way you can get number that low, is it you could people that only died on a ship in transit. Any honest estimate beats Stalin.
> transatlantic slave trade and its erroneous association with capitalism is not only historically inaccurate but intellectually dishonest.
You have fully adopted ‘no true socialism’ argument, no matter what criticism of capitalist I bring up, whether it’s current USA or historic wrongdoing, it’s always not the right kind of capitalism. If they would be doing capitalism right, all those deaths would have never happened.
What is unhinged is the idea that unrestricted capitalism protects your rights.
When capital rules, it trumps individual rights and liberty.
Unregulated capitalism gives you children dying in coal mines, it gives you trade in organs, it gives you liquidation of penguins while they are still alive, and slavery.
The entire argument of ‘Capitalism= freedom’ is totally dishonest.
- alchemist1e9 3y agoIt appears we’re talking past each other, stemming from a fundamental misunderstanding of what capitalism, especially libertarian capitalism, truly represents. Capitalism is not feudalism, colonialism, mercantilism, anarchy, nor fascism. Each of these systems, in their own way, violates the core tenets of libertarian capitalism - which are freedom of movement, freedom of exchange, property rights, equality under the law, and voluntary transactions without coercion or violence. The statement ‘when capital rules it trumps individual rights and liberties’ is a mischaracterization. In capitalist systems, capital doesn’t ‘rule’ – it’s merely a tool in a framework where individual rights and liberties are paramount. The free market depends on a rule of law where the state ensures a level playing field, not by controlling the economy but by safeguarding these rights and freedoms. Your focus on slavery, while an important historical issue, is a misapplication in this context. Slavery, as practiced in colonial times, was the antithesis of libertarian capitalist principles. It was based on coercion and violence, the very things libertarian capitalism opposes. Similarly, child labor in its exploitative historical context was a result of a lack of regulation protecting individual rights, not a feature of capitalism. Capitalism didn’t invent child labor, but it did help end it. While socialist regimes like the Soviet Union exploited child labor extensively under the guise of equality, it was the economic growth fueled by capitalism that empowered societies to enact labor reforms. The wealth created by free markets enabled the development of laws that protect workers, proving that capitalism is a solution, not the problem. Conflating the failures and injustices of feudalism, colonialism, and other oppressive systems with libertarian capitalism is a distortion. It’s essential to understand and debate these concepts based on their actual principles and historical implementations, not on mischaracterizations or conflated definitions. Claiming that unregulated capitalism leads to child labor, organ trade, and slavery is a gross misrepresentation. Let’s look at the facts: - Child labor is still a grave issue in countries like the Democratic Republic of Congo, often linked to cobalt mining, where the government does not enforce labor laws effectively, and the economy is far from a libertarian capitalist model. - Organ trade thrives in regions with weak legal systems and rampant poverty, like certain parts of Asia and the Middle East, not in countries with strong property rights and free markets. - Modern slavery and human trafficking are most prevalent in nations where the rule of law is weak, and economic freedom is limited, such as North Korea and Eritrea, not in libertarian capitalist societies. These examples clearly show that such human rights abuses are more common in environments lacking the core principles of libertarian capitalism: strong property rights, rule of law, and individual liberty.