THE TERM “CAPITALISM”? I use the terms: 1) “Consumer Capitalism”; 2) “Voluntary

http://fee.org/freeman/capitalism-is-the-wrong-word/RETIRING THE TERM “CAPITALISM”?

I use the terms:

1) “Consumer Capitalism”;

2) “Voluntary organization of production vs involuntary organization of production”;

3) “The voluntary organization of invention, investment, production, distribution and consumption, into sustainable adaptable networks of specialization and trade”;

…depending upon how deep a point I want to make.

There are only three methods of organizing man: force ( slavery/socialism ), exchange ( capitalism ), guilt/shame ( communism ). And under all three we keep only some of the proceeds. The debate is always how much.

The purpose of Cosmopolitan Libertinism is to force others to pay for all the commons. This is why Cosmopolitan Libertinism (“libertarianism”) fails to catch on beyond the socially challenged and autistically biased.

The purpose of Classical Liberalism is to construct commons free of privatization – since it is fear of privatization that diminishes incentive to produce commons. Despite the fact that commons – particularly normative commons that demand truth-telling, are a groups greatest competitive advantage.

Curt Doolittle

The Propertarian Institute

Kiev, Ukraine