OTHERS

"Absolutely not. Did you read the arctile?"Yes, I read the arctile."Capitalism seeks profits and that means exploitable labor. "That is absolute drivel. You need to learn some new slogans, That one is worn out.Exploitable labor my ass. In a free market system, and I don't actually live in a true free market system, there are only voluntary transactions. Without the force of government I can't make anyone do business with me. That includes buying from me, selling to me, or working for me. [obesity] "RonH: Well, I can't say for sure. You would have to ask them.No I would not."I certainly can't answer for them. Unlike you, I don't pretend to know what's best for other people."No, Laissez-Faire is correct. On Laissez-Faire Capitalism my goal is to maximize the profits to investors."You are referring to a businessman. The investors are the capitalists. You will need to get your definitions straight if we are to continue. It's pointless when you don't know what you are talking about."So let's just suppose I have 1000 calories of food to sell. A poor African has only eaten 500 today and an American has already eaten 2000. If creating deceptive advertising that causes the American to consume those extra 1000 calories and that is more profitable than getting it into the belly of the African, then what should I do on Laissez-Faire Capitalism?"This is silly, but OK, just this one time: You would sell to the highest bidder. What would your factory full of socialist worker-owners do? If the welfare of a hungry African is part of your muddled thinking, and it's not clear why that's so, then you have probably arranged to contribute to a food fund for the African so that he's the highest bidder. You have saved not only him, but also saved the obese and dull witted American from his own gluttony.Good work! I'm curious. Just what deceptive advertising do you think would convince an American, who you decide has already had enough to eat, to eat another 1000 calories? We aren't talking fraud here, that's a separate subject, and not allowed."I would call that government stimulus spending, based on the false premise, beloved by Keynesians, that ANY spending creates demand, and therefore economic growth."You've gotten confused. In my analogy the government didn't pay anyone to dig ditches and refill them. The economic system with or without government did."Not at all. You are missing the fact that when a business spends on any economic activity, they expect to produce something that someone else will trade for (buy). If they are wrong, they may go out of business, and someone else will get the consumers' dollars.Only government would pay for an activity that produces no actual benefit for consumers. "Remember, we're talking about advertising that preys on irrational tendencies in people in order to persuade them to purchase things that are not in their rational interest. Billions is spent in advertising in order to induce the purchase of billions more in consumer goods that are not really needed from a rational perspective."Whose, Jon? You keep inserting your own value judgments, and they don't matter. How do you know what's rational for others?"Of course they are needed for profit maximization, so they are rational from the Laissez-Faire capitalistic position."A return on expenditures. Indeed, very rational.

Not Given