Re: extropians-digest V3 #175

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>
> Date: Sat, 12 Dec 1998 22:01:42 +0000
> From: Emmanuel Charpentier <manu@cybercable.fr>
> Subject: Re: The Education Function
>
> I think the difference capitalism/socialism is about
> competition/cooperation.

Socialism is based on what is called the command economy. Where the guys at the top give orders to their underlings, with no cooperation involved.

And it is true there is a an element of competition in capitalism. Every business has to match the prices and quality of their competitors, or they will go out of business. But capitalism is a system of cooperation, not on force. In order for a business to survive, it has to cooperate with its suppliers, its employees, and its customers.

• [ Next ][ Previous ] In reply to: Emmanuel Charpentier