Capitalism: Difference between revisions
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Some [[left libertarian]]s, including [[mutualist]]s and [[anarchist]]s use a definition of capitalism that is closer to that used by [[socialist]]s. They define capitalism as the social system run by and for the capitalist class, which may take many forms based upon the needs of capital. The original form of capitalism was essentially liberal, but as it developed it developed more intricate state controls over the people. | Some [[left libertarian]]s, including [[mutualist]]s and [[anarchist]]s use a definition of capitalism that is closer to that used by [[socialist]]s. They define capitalism as the social system run by and for the capitalist class, which may take many forms based upon the needs of capital. The original form of capitalism was essentially liberal, but as it developed it developed more intricate state controls over the people. | ||
[[Geolibertarian]]s are not against capitalism per se, but believe that the concept of land ownership needs to be corrected in order to make capitalism truly just and desirable. They see private collection of land [[rent]] as exploitation, and believe that it is the cause of most if not all problems with the free market. | [[Geolibertarian]]s are not against capitalism per se, but believe that the concept of land ownership needs to be corrected in order to make capitalism truly just and desirable. They see private collection of land [[rent]] as exploitation, and believe that it is the cause of most, if not all problems with the free market. They advocate a [[Land Value Tax]] as a means of correcting this percieved injustice. |