8155, RE: laughable Posted by guest, Thu Jul-11-02 04:37 AM
>>>>Just because it got its name in the 18th century >>>>doesn't mean that it didn't exist before. > >>The word "Capitalism" wasn't invented in the 18th century. > >These two statements were uttered by your >oh-so-knowledgeable ass. You may have knowledge, but you >lack memory, homey. > >For the record, from Merriam-Webster: > >Main Entry: cap·i·tal·ism >Pronunciation: 'ka-p&-t&l-"iz-&m, 'kap-t&l-, British also >k&-'pi-t&l- >Function: noun >Date: 1877 >: an economic system characterized by private or corporate >ownership of capital goods, by investments that are >determined by private decision, and by prices, production, >and the distribution of goods that are determined mainly by >competition in a free market > >Don't weep, my nerdish friend, you were kinda right the >second time. The word capitalism wasn't invented in the 18th >century, but in the 19th. After two guys named Marx and >Engels wrote a book that identified what it was. > Maybe you should attend a philosophy & history course. I highly recommend reading Horatius Flaccus.
>Also, mercantilism isn't about "the private or corporate >ownership of capital goods", dude. > Of course it isn't. But your definition of "Mercantilism" was far beyond reality.
>>You probably do not even know what "caput, capitis" >>or "capitalis, e" mean, but that's a different topic. >> > >Yeah, right. Like, you're the only guy in the world who took >latin courses. Spare me, please.
ok boy. Knowledge hurts sometimes. Stay true to your myths.
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