System of government based off of the accumulation of capitol.
It is a for of government that depends on the gain loss system. It incoperates
a self concious people who work to better themeselves and there family. It runs
on human characteristics of amibition. The people who would be considered
capitolsists would be bankers, merchants, and buisiness owners. True capitolism
is not fundamentlly possible or favorable, but the compramised capitolism is
very much associated with the idealist philosopy of John Locke. It is also
associated with the idea of Lazze Faire. So the man must not plea with his lack
of supply but convince the other of the advantage to himself. Since people must
work to get ahead they are motivated to excel ,increase the productivity of
society."division of labour� is not � the effect of any human wisdom, �It is
the necessary, �consequence of a certain propensity in human nature �the
propensity to truck, barter, and exchange one thing for another."Over all the
compormised capitolism has been the most successful system on the planet
Capitalism
The new production system replacing feudalism was called capitalism. Its
The Bernstein Declaration
characteristics are the relationships between the owners of the means of
production (landlords) and the workers (employees), who are the task force.
Industrial and liberal capitalism was born from the double revolution in
industry and in social organization that took place in the 18th century.
Principles and Possibilities of Capitalism
On the Principles and Possibilities of Capitalism
Capitalism is the only system based on the recognition that each individual
owns his life. Capitalism is the only social system in which individuals are
free to pursue their rational self-interest, to own property and to profit
from their actions. It entrenches individual rights, limited Constitutional
government, and political/intellectual/economic freedom.
The more capitalist a ure - the greater its freedom and prosperity
That is the verdict of history. In just two short centuries, capitalism has
lifted men�s living standards to heights undreamed of in the pre-capitalist
era. Often forgotten today is that Western Europe, prior to the capitalist
revolution of the late Eighteenth Century, suffering under the political yoke
of the feudal aristocracy, was the equivalent of a Third World country -
wracked by famine, recurrent plague, and the most unspeakable poverty. But no
longer.
When was the last time a famine occurred in any capitalist nation - whether in
Western Europe, North America or Asia? The United States has never suffered a
famine in its history. Capitalism has created abundance unmatched in human
history, enabling hundreds of millions to live better today than all the kings
of yesterday.
Less capitalism means more human misery
But the non capitalist nations - the t, socialist, military or theocratic
dictatorships - enslave their own citizens and subsist in abysmal squalor. In
many African countries the living standard is one or two hundred dollars per
year. In North Korea, they starve to by the tens of thousands. In Cuba,
they drown trying to swim to freedom in the United States. Millions of
oppressed people around the globe yearn to emigrate to the Free World. But who
in the capitalist nations seeks to emigrate to Cambodia?
What makes capitalism�s astounding success possible?
What principles explain the fact that mankind�s greatest inventions and works
of art - his most life-giving material and spiritual advances - the steam
engine, the cinema, the telegraph, the telephone, the electric light, the
novel, the automobile, the symphony, the airplane, the radio, the television,
the personal computer, the Internet and countless medical cures - were created
under capitalism?
The simple answer is: freedom.
When men are free to pursue their rational self-interest, when they are free to
use their minds in the quest to profit and better their lives, they are
magnificently productive. The political/economic freedom of capitalism
liberates the best minds and the most ambitious men to build, to create, to
innovate, to invent, to advance human well-being and happiness.
Mankind�s greatest inventor, Thomas Edison, in his laboratory at Menlo Park,
specifically tailored his projects toward the purpose of profitability. He, and
so many of the other great inventors and industrialists responsible for
raising men�s living standards, earned and enjoyed great wealth. Left free -
under capitalism - to create, produce, and build for personal gain they
consequently raised the living standards of all.
� Andrew Bernstein 2001. The official position statement of the PRODOS
Institute�s CapitalismWorldwide project: http://WalkForCapitalism.ORG - Written
by Andrew Bernstein, author of The Capitalist Manifesto.
Page 1 of 2
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The official position statement of WalkForCapitalism
The Bernstein Declaration
On the Principles and Possibilities of Capitalism
Page 2 of 2
The Mind
Involved in this is a deeper principle: Capitalism is the system of the mind.
The mind is man�s fundamental instrument, just as wings are a bird�s.
It is only by means of rational thinking and productive work that man can
raise his living standards and increase his life expectancy. But the mind does
not function under coercion. Coercion paralyses creativity. The mind cannot be
enslaved. Capitalism flourishes because it is the only system of free minds,
free men and free markets.
The greatest thinkers and activists of history - from Aristotle to John Locke,
from Thomas Jefferson to Adam Smith, Ludwig von Mises, and Ayn Rand - have
recognized, fought for, and glorified the freedom of man�s mind. They have
understood that when men are oppressed, the rational mind is stifled, and the
darkness of barbarism follows. But when men are free to think and to act on
their thinking, when the mind is liberated, the Renaissance and the
Enlightenment are possible. Freedom is freedom of the mind. Oppression is
oppression of the mind.
Universal and Inevitable
It is no that man�s freest periods have seen his greatest
achievements. From the Golden Age of Athens to the Italian Renaissance to the
technological and industrial breakthroughs of the United States, the freedom of
man's mind has led to magnificent advances in philosophy, the arts and science.
This is the promise and the possibility of capitalism. This is the Capitalist
Vision. It is our vision.
Liberate man�s mind and behold the spectacle of his advance. Revel in the
beauty of his sculptures, paintings and symphonies, soar with the heroes of his
novels, marvel at his philosophic, scientific and technological advance.
The West progressed urally and economically because it had at least some
reverence for man�s mind and the inalienable rights of the individual. These
are the inescapable prerequisites of human advancement. If we desire the effect
of ural Renaissance, we must enact the cause of political/economic
freedom.
The current predicament of the Third World�s starving millions is identical to
that of Europe in the Dark Ages. Their minds and bodies are oppressed by
political dictators. Give them freedom - and give them life. They have the
advantage of seeing what the West has accomplished. When they institute
freedom, they can replicate the achievements of capitalism.
Your life, your choice
Capitalism is the greatest benefactor man has ever had. It is time for the
thinking men and women of every nation to recognize that fact and to fully
embrace the system of the mind and of individual rights.
Men and women of all countries unite - in your support of capitalism.
You have a world of joyous achievement to win.
� Andrew Bernstein 2001. The official position statement of the PRODOS Institute�s CapitalismWorldwide project: http://WalkForCapitalism.ORG - Written by Andrew Bernstein, author of The Capitalist Manifesto.
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