Quote:
Originally Posted by amilcarkabral
I've found in many of my dealings with the progressive aspects of the African-American community an aversion to what we think is capitalism. So i'm starting this discussion to start to tease out and identify the nature of this 'beast'. Once we identify it's nature, i'd also like to devise ways to tame it and make capitalism our obedient pet (hunting/guard dog).
So what i'd like to do is explore just what we all think capitalism "is". And what i'll try to do is to the best of my ability to clear up what it is as different from how people are using it.
As a metaphor, any object can be used to build or destroy, and it is not the nature of the tool that is good nor bad, but rather the intentions of the wielder of the object that makes the tool a tool or a weapon. I'm saying that what most people think of as 'capitalism' has been a blend of both intention and object. What i want to do with this discussion is start to tease out the differences between the two, and later, once identified, how we can use this 'object' or 'process' called capitalism to our benefit.
Amilcar
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Oxford American Dictionary
Capitalism: An
ECONOMIC system in which trade and industry are
controlled by
private owners.
I needed to start from here. Would try to take it much further explaination wise but have to admit I practically know nothing about how this particular system operates and works.