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Old March 25th, 2017, 08:09 AM   #11
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Total and complete bullshit and you SHOULD be bright enough to know that.
The SLAVE trade was a capitalist enterprise, literally.
Regulations gave slavers the authority to enslave. Regulations gave slavers rules that said some people were less. Regulations said some people were property.
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Old March 25th, 2017, 08:19 AM   #12
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Under capitalism if you wanna make money from sugar cane you go out in the field and harvest it. You want more , you buy a bigger field. You need labor you hire people for what they will work for.

When you go to slaves you use the force of government , not capitalism.
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Old March 25th, 2017, 08:23 AM   #13
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https://www.thenation.com/article/ca...m-and-slavery/
The argument that capitalism was dependent on slavery is, of course, not new. In 1944, Eric Williams, in Capitalism and Slavery, made the case. In 1968, the historian Lorenzo Greene wrote that slavery “formed the basis of the economic life of New England: about it revolved, and on it depended, most of her other industries.” Even before the expansion of slave labor in the South and into the West, slavery was already an important source of northern profit, as was the already exploding slave trade in the Caribbean and South America. Banks capitalized the slave trade and insurance companies underwrote it. Covering slave voyages helped start Rhode Island’s insurance industry, while in Connecticut, some of the first policies written by Aetna were on slave lives. In turn, profits made from loans and insurance policies were plowed into other northern businesses. Fathers who “made their fortunes outfitting ships for distant voyages” left their money to sons who “built factories, chartered banks, incorporated canal and railroad enterprises, invested in government securities, and speculated in new financial instruments” and donated to build libraries, lecture halls, universities and botanical gardens. Many of the millions of gallons of rum distilled annually in Massachusetts and Rhode Island were used to obtain slaves, who were then brought to the West Indies and traded for sugar and molasses, boiled to make more rum to be used to acquire more slaves. Haiti’s plantation’s purchased 63 percent of pickled fish from New England. In Massachusetts alone, David Brion Davis writes, the “West Indian trade employed some ten thousand seaman, to say nothing of the workers who built, outfitted, and supplied the ships.”
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Old March 25th, 2017, 08:27 AM   #14
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If you try to enslave someone you use government sanction, otherwise it's kidnapping .

Slavery is crony captialism, which is a form of socialism.
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Old March 25th, 2017, 08:31 AM   #15
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If you try to enslave someone you use government sanction, otherwise it's kidnapping .

Slavery is crony captialism, which is a form of socialism.
Wtf?
People were being enslaved by other people long before government as we know it was invented.
Fail.
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Old March 25th, 2017, 08:39 AM   #16
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Capitalism creates slaves, as opposed to a system that requires a bureaucracy to decide each according to their need. Or, a vote to decide on what the fruits of your labor is. Either way Communism/Socialism does not allow self determination by the individual.
It appears to be "circle the wagons" time for libertarians and defenders of the global system today! When asked to tell about capitalism's benefits, The Williams quote can only come up with the glut of material products encouraged by consumer-driven capitalism and an unproven claim that capitalism is falling out of favour because of the appeal of utopian socialist thinking. And he doesn't bother explaining why younger people would be looking for utopian escapism if they believed the system was working so well!

And as I've mentioned previously, we are socialist by nature/not capitalist https://en.wikipedia.org/wiki/Primitive_communism; and that's why modern capitalist systems lead to alienation, anxiety disorders and many other health disorders when the capitalist system pulls away social support systems and leaves people never fully secure if they have a relative level of comfort, that it can't all be pulled away if they are hit with any major unforeseen expenses.

Ultimately, if the few actual socialist systems attempted in modern times have failed, then better systems need to be created and attempted! Because capitalism has nations of the world today in a lethal...eventually fatal competition for Earth's remaining resources. And this is coming at a time of ecological collapse. I don't see how anyone can argue that today's suicidal system is going to pull a rabbit out of the hat and save us now.
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Old March 25th, 2017, 08:48 AM   #17
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Regulations gave slavers the authority to enslave. Regulations gave slavers rules that said some people were less. Regulations said some people were property.
Regulations keep an enterprising capitalist who just bought up a bunch of land near your house, within noseshot, from opening a hog farm to make his fortune.

Or, maybe you'd like to be neighbors with a hog farm, taking in the aroma of unregulated capitalism.
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Old March 25th, 2017, 08:50 AM   #18
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Government is our biggest corporate ruler. The Left has no problem wanting corporations to be hampered and held accountable but are only too glad to give power to unchecked big government..as long as your favorite re-distributors of wealth are in power.
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Old March 25th, 2017, 09:03 AM   #19
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Benefits of food , healthcare , and hope are the fruits of capitalism to millions and millions around the world.
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Old March 25th, 2017, 09:18 AM   #20
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Under capitalism if you wanna make money from sugar cane you go out in the field and harvest it. You want more , you buy a bigger field. You need labor you hire people for what they will work for.

When you go to slaves you use the force of government , not capitalism.
Here comes the libertarian bullshit that is easily knocked down by the facts! In this case, it's the facts that modern, American-based multinational corporations are already engaging in the clandestine use of slavery to bring their costs lower and maximize profits.

I could start with the Prison Industrial Complex..as the thousands of US convicts forced to work for $1.00 per hour in new prison-based sweatshops should be considered a form of slavery back on US soil again. Not to mention that it sets a very ugly set of motivations in a ruthless, capitalist society by making incarceration profitable! Court, policing and incarceration systems should be a net cost to any capitalist society, cause otherwise the incentives are not to improve living conditions for the poor and reform antiquated laws/ but to stock private for-profit prisons with more and more inmates.

I'll get into that maybe some other time, cause I really want to point out this story, that..like every bad story about major corporations..barely appeared in the news cycle: https://www.bloomberg.com/news/artic...r-child-slaves I wouldn't have been aware of any of it..from the time six former child slaves from the West African republic of Mali launched a class action suit against ADM, Nestle and Cargill (the biggest corporations in factory farming today) way back in 2005. That law suit lingered on in the backlog of the courts..was dismissed the first time, and re-submitted by lawyers for the defendents, a year ago, until here last week, we have the celebratory byline on Bloomberg News.

Did anyone else hear of this over the past 10 years or so? I follow international news and these kinds of stories pretty closely and it was the first time I came across it! Anyway, the gist of the story is that for a 2nd time a US judge has ruled that the three megacorp defendents had no prior knowledge that their West African supplier company was using slave labour. Perhaps they don't want to celebrate too loudly because they can't deny not knowing about rampant child labour used in cocoa production!

The suit was re-launched because of Nestle and Cargill's PR OP: setting up some kind of bullshit "oversight" group that was supposed to monitor and deal with human rights abuses on their African plantations....let's cut the bullshit! These companies...just like the Walmart and others operating sweatshops in Bangladesh have a tight reign on their suppliers, that are only created to provide the mother corporation an excuse for ignorance of all abuses!

So, the brief Bloomberg piece reports that "U.S. Supreme Court set high bar for overseas wrongdoing cases" No fucking kidding! That high bar essentially says you can do whatever the hell you want over there in some impoverished third world dictatorship where all you need is to throw a few dollars at the presiding dictator and his regime to carry out any abuses you want in the name of profits! And, these gathering stories of slavery abuses, both foreign and within the United States, should give you a warning that capitalism will lead right back to slavery and fascism as it becomes too difficult to earn high profits from a more civil democratic society!
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