Jim Hlavac
Economic Theory




There is no such thing as "American Capitalism" as versus
"European Capitalism," or "Chinese Capitalism." The economics, the
math, are the same in all these places. What is different is the political
input into the economy in each place. But this political interference is not
a part of capitalism, it is a part of government. And governments since
the dawn of time have been anti-capitalist. Government since the dawn
of time has attempted to regulate to the point of strangulation, legislate
entire industries out of existence, legislate profligate waste of resources,
labor, time, materials and money in an attempt to seize wealth that is
not theirs.
Nor is the capitalism practiced in America at all different than any
sort of other capitalism. The reality is that there must be more income
than inputs. Their must be A invested and A+1 for the enterprise to
survive. There is only the desire to use the least amount of resources,
least amount of time, least amount of materials and the least amount of
labor to produce the most amount of product. Every decision made by a
private company, or even an individual, will always gravitate to the least
for the most. Even individuals in totalitarian states will seek to maximize
their gains within the confines of their inputs as defined by the state.
The political process of controlling an economy always works to the
disadvantage of the economy. For politics does not care if there is an
imbalance between inputs and gains. It is for power, and favors that the
politicians operate. That is not capitalism in the slightest. Capitalism is
about the most efficient use of materials at hand to maximize the gain
tomorrow. There is no other purpose of capitalism. Government is not
about the most efficient uses of materials, and gives not a damn about
gain. For if there is an imbalance, the politicians merely seize the
difference from more productive members of a society and apply it to
their failing ventures. And if Capitalism is about maximizing profit and
minimizing costs, anything that is contrary to that cannot be capitalism.
It is something else. No one likes to give it a name, or they argue
incessantly about what semantic term fits the program, but the reality is
is that that is about power, faith, emotion, theory and belief -- none of
which have a place in capitalism. It is not about compassion. Capitalist
are far more compassionate than government, for capitalists will always
lower the price to the lowest they can get away with to survive, and the
will always endeavor to make the best product they can, or otherwise
they know that they cannot make profit. It is government that is lacking
in compassion -- that government favors one group over another only
goes to show that the government is not at all compassionate to the
lower in the war for favors. Capitalists merely provide the best value and
the most useful products to any and all who want them for the price
charged. It is egalitarian in approach, and is compassionate, for if the
price cannot be met, then the price will be lowered to such a point that
the item will be bought.