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View Diary: Breaking: Justice Department to challenge AZ law (182 comments)

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  •  It's not entirely that they didn't think of that (0+ / 0-)

    First, this is like arguing that feudalism couldn't have been less profitable than capitalism because otherwise the feudal lords simply would have been capitalists.

    Secondly, it doesn't necessarily mean that people didn't think that there was a better way to do it.  Clearly, many did, as capitalism has largely swept away slavery.  It only means that local conditions at the time made slavery a necessary precondition for developed capitalism.

    Frankly, I think you're the one ignoring the historical record as I've pointed to a couple of different sources for my argument, while your argument has boiled down to "but everybody was doing it".  40 years ago, half the world was communist, but that didn't mean that it was as profitable as capitalism.

    Anyway, I've enjoyed our discussion.  My wife is yelling that we have to go see Toy Story 3, so I'm afraid I have to go.  Have a good night!


    To believe that markets determine value is to believe that milk comes from plastic bottles. Bromley (1985)

    by sneakers563 on Fri Jun 18, 2010 at 06:36:04 PM PDT

    [ Parent ]

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