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09 July 2020

This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System | Op-Ed Bitcoin News

This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System | Op-Ed Bitcoin News

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This has caused certain groups of people and those who despise wealth to claim that “capitalism is broken.” However, today’s system, that’s currently practiced in the U.S.

A government that seizes the private sector and the means of production is not the definition of “capitalism.”.

Capitalism doesn’t provide the means to bail out “too big to fail,” after these financial incumbents made too many mistakes.

Laissez-faire capitalism is totally different than the social system that worships the nation state and collectivist rights.

Laissez-faire capitalism is not a system that gives the government the means of production, but that is what happened during these last few months.

Remember that fascism doesn’t recognize individual rights and puts the government and the collective above it.

Only the individual acts.” Once people realize that Laissez-faire is essentially the recognition of individual rights they understand that there is no need for the means of force.

In the novel called “Capitalism: the Unknown Ideal” it defines the system as one where “no man or group may initiate the use of physical force against others.” In the “Virtue of Selfishness” the definition is even more defined and explains that Laissez-faire is completely removed from the state’s edicts, otherwise, it is not capitalism.

“The moral justification of capitalism lies in the fact that it is the only system consonant with man’s rational nature, that it protects man’s survival qua man, and that its ruling principle is: justice.”.

Leveraging bitcoin doesn’t mean that people cannot use other means of counter-economics to help circumvent fascist systems.

When people blame capitalism for the faltering economy and the 1% getting richer, they should probably focus that energy on the real enemies like the Federal Reserve and bureaucrats on the hill.

The fascist oligarchs who run the American system today, don’t mind at all that millions of people are confused by the misinterpretated definitions of capitalism

As long as it serves the interests of the oligarchy, blaming the world’s problems on capitalism is a perfect Hegelian dialectic solution that doesn’t even need much effort to enforce

Capitalists don’t have the power to shut down the world’s industries and means of production in a systematic fashion, but the government does

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