What Is Capitalism?

1. Voluntary trade
2. Private property
3. Profit and loss
4. Consensual contracts
5. Anti-monopolistic / Pro competition
6. Capacity to sue
7. Objective law and rights
8. Anarchy
9. Leadership
10. Pro-life, pro-reality, pro-good, pro-happiness

Capitalism is a system of human interaction governed by agreement and contract. In a capitalistic environment, people are free to voluntarily co-operate and trade to achieve better outcomes together than they can alone. 

It's a system of trade that maximizes everyone's potential via the division of labour. People can either start a business offering goods and services or work for someone else. In exchange for working for another, employees are paid money. The motivation for business owners is to profit. A corollary of profit is loss, so to ensure a business succeeds, entrepreneurs must play by the rules, that of the law and of good business practices. Capitalism is fair and functions upon wilful exchange, not force. It's a system where everyone wins.

We all have an equal right to life, and to ensure our survival, we all have the right to private property. You have the right to own and have exclusive access to what you morally acquire and need to survive and thrive. Your shoes, clothes, car, home, land and all other property is yours, and you're free to do with it as you please. Under capitalism, no one has the right to steal your belongings, just "because".

Instead of doing everything yourself, like people would in the past, capitalism and money allows us to specialize and increase our quality of life. The world has never seen true capitalism, yet even so, we've advanced tremendously over the centuries and are able to enjoy better standards now than ever before.

The history of humanity has been dominated by rulers who have exerted their will and whims on everyone without exception. If an external force, such as government, is telling you how to run your business and that you owe them fealty in the form of your profits, the system you're living under is not true capitalism.

In a true capitalistic society, external interference is prohibited. No one has the right to interfere in your private business. There is no public property or services, everything is private. There are no taxes, coercion or extortion. All interaction is governed by objective law and all have equal rights under the law. There are no rulers, only those who lead. Rulers initiate force, leaders do not. Capitalism can be called privatisation, as there are no "public" forces owning or controlling property, goods or services, everything is controlled and owned by private individuals.

For there to be capitalism, there must be anarchy. This means that there is no ruling class or monopolies. The free market reigns supreme. Anarchy is rule by rules, all else is rule by rulers. Only in anarchy can we have objectivity, anything else is subjective. When things go wrong, all individuals have the capacity to sue and settle disputes in courts of law.

A monopoly can only form when it initiates physical force. The initiation of physical force is prohibited in capitalism, only retaliatory force is allowed. By it's nature, capitalism is pro competition and anti-monopolistic. When we investigate governments, we discover they have monopolies on land, law making, money, courts, police and military, to name the most important. They achieved this by having the largest gang initiating violence to subjugate and terrorize the population, along with propaganda that society cannot function without some kind of oppressive regime.

Capitalism has a free market on everything, ruled by reason, objectivity and consent. To ensure this perfect system, there must be anarchy. Anarchy recognizes the fact it's completely unnecessary and immoral to have unelected rulers inefficiently dominating everyone. You may vote to be dominated, but I don't. The idea of a ruler is archaic and barbaric. Anarchy dispenses with this primitive mysticism and embraces rationality in the form of capitalism. A system without rulers, only rules. Modern anarchy is commonly called voluntarism, which is apt as it supports only voluntary interaction.

The idea that anarchy is chaos is an incorrect understanding of modern anarchy. The truth is, all systems except anarchy are chaos. Governments are the perfect example of what controlled and organised chaos looks like. If it's not anarchy, it's not co-operation. It's obedience under duress. What else are taxes except compliance due to fear of punishment? A system which can only exist by spreading terror is a chaotic system. The true definition of anarchy is no rulers, that's it. Anarchy is not capitalism and capitalism is not anarchy. Anarchy is simply a state of humanity not governed by rulers. It's the blank slate that allows capitalism. Without it, it's like trying to draw a picture without paper, impossible.

Capitalism is pro-life, pro-good, pro-reality and pro-happiness. This is because the purpose of life and thus economics is to properly survive. Proper survival is the pursuit of rational happiness, which can only be achieved when all your interactions are voluntary. True happiness isn't possible in dystopian monopolistic states of controlled chaos, only an ersatz parody of it. True happiness, peace and order can only be enjoyed when there is capitalism and the best form of capitalism is Utopian Realism's.

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