CAPITALISM IS A SYSTEM OF REGULATION- Jersey Flight

I think capitalists should be honest. They say they believe in freedom, in a ZERO governance society as pertains to the market. However, capitalism is a system that produces Oligarchs. Essentially a capitalist is saying that she submits her freedom to the masters of the market. She is claiming that Financial Oligarchy is the best system of government. This kind of transparency puts capitalism in perspective. Capitalism is not a system of absolute freedom; it is not a system without coercion; it is not a system of ZERO governance, it is a system that deifies and empowers those with wealth, while it oppresses and criminalizes (punishes) those in poverty.

The capitalists are fond of saying they are the advocates of freedom; that they oppose tyranny, and yet, the system they defend is a system of Oligarchic Monopoly/ Wealth Sovereignty.

Capitalists do not have explanations, they offer a phrase-of-the-gaps as the solution to every problem. If we ask a capitalist "how" his system solves the problem of monopolies, he simply replies by referring to Magic Economics: "the free competition of the market guarantees the impossibility of monopolies (as well as everything else)." But this is nothing more than wishful thinking. In capitalism accumulation is bound to occur, resources are limited, land is limited, and he that owns the land owns the resources. This naive idea of competition is utterly irrational when contrasted with the real world. Perhaps competition (in theory) may prove the effect of equalization, but competition (in reality) shatters the hope of this theory!

Capitalists should speak plain and tell people they have faith in wealthy Oligarchs; they should tell people they believe society should be governed and controlled by these Oligarchs (precisely because they are the keepers of wealth) instead of trying to pretend they are the advocates of freedom.

This is what a capitalist really says: "I believe in regulation, not social regulation, but private regulation (regulation that benefits the minority at the expense of the majority). I believe that those with the most wealth should be allowed to influence and manipulate (control) the market without any form of social accountability. I believe in freedom for the man who can afford freedom; I believe in education for the woman who can afford education. I believe those in positions of power, due to the greatness of their wealth, belong in those positions. I believe society is best served by empowering wealthy people. A man of wealth is a Ruler or Lord. I believe a man with greater wealth has greater value than a man with none." 

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