Capitalism Index

Capitalism is not failing--it is a victim of identity theft.

If I give you a gun, does it make you a protector or thug? Depends. Depends on what you do with the gun. Same with stocks that are merely symbols of capital in defining if you are capitalist or something else.

The true, literal substance of capitalism reflects its semantic origin from "capita," that is, how people use their "heads." Productive heads have leftover goods and services which they trade for the symbols of capital, metals, jewels or paper. Abraham Lincoln understood the relation and importance of substance to symbols when he wrote that labor preceded capital.

Productive heads have true "profits", that is, forward existence (pro esse) from creating more than they consume. A profitable person can honestly claim the semantic cousin of profit: pride. Proud is a true capitalist.

Indentity theft has occurred in economics. Like a murderer using a gun to destroy the real capita so are Wall Street funny paper pushers using the symbols of capital to destroy heads at work. If you use capital symbols to decapitalize production and decapitate employment, you are a decapitalist guilty of economic bloodshed.

As semantic thieves, decapitalists have hijacked many good terms. Do illegal thieves have a profit. No. Nor do legal thieves when privileges legislated by corrupt politicians destroy employment.

One can create profits but not take profits. Decapitalists are misfits without profits. Mud, not proud.

If justified by "And, it's legal," we suffer an immoral private law enacted by public officials that deprives the politically disfavored. Privileged Wall Street wealthfare initiates and dwarfs deprivileged Main Street welfare: Wall Street TARP ($750B) vs. Detroit ($30B) federal aid. The suffering middle-class is self-distracting when they blame their worsening woes on blue collar welfare instead of white collar wealthfare.

Capitalism is not failing. Aided and abetted by tenured economists, habitual politicians enable and ennoble Wall Street decapitalists to legally raid retirements with false claims of free markets. Decapitalism's false prophets foster false profits .

Unending decapitalistic cancers require crisis intervention to sustain the metastasis: infusion of government funny paper from national debt or money presses. Celebrating economic revival from deficit stimulus is akin to cheering a terminal patient springing to life after injecting crack cocaine.

Surrounded by liars, we are liars who lie to ourselves. We respect wealth without re-inspecting its origin: medical doctor or drug dealer, capitalist or decapitalist, worth or worthless. Our economic body fails as diseased organs compete for vanishing resources. Our economic engine protests and screams as its lubrication becomes a thinning worthless dollar.

As cancerous decapitalists playing with funny paper, we are not creative capitalists working with real problems. We are failing ourselves. Capitalism is not failing, for it is a victim of identity theft.

Common capitalism is not common unionism, that is, capitalism per capita is not communism.

  1. Summary Comparison: Capitalism, Currency, Lifehours, Decapitalism
  2. Book: Democratic Capitalism
  3. Capitalism is not failing--a victim of identity theft. WashPost Letter 090930
  4. Capitalism vs. Decapitalism ... Currency Intimacy
  5. Capitalism for a Fewer Few  
  6. Capitalism per capita verus Capitalism for a Fewer Few
  7. Capitalism, Meaning
  8. Gold is not capital ... Perfect Capitalism = Perfect Currency
  9. Chapter on currency's relationship to capital
  10. Universal Time Clock: Individual worth, basis of true capitalism
  11. Time Taxation: Capital gains
  12. Principles of Reform: Republicans not capitalists ... Democratic Capitalism
  13. Reaganomics:  Capitalism for a fewer few ...  Capital formation ...  Capital deformation . ... Decapitalism
  14. Premises for Reform: Economists Misdefine Capital ... Pure Capitalism
  15. New forms: Pure Capitalism: Capitalism per Capital ... Capital Gains vs. Inflationary Returns
  16.  National Universal Service Act: Democratic Capitalism ... Democratic Capitalism
  17. Democratic Capitalism: Chapter in Reform book
  18. Work sharing: Direct/Indirect Capitalism
  19. Necronomics Introduction: Capital, Misused term ... Best Private System ... Decapitalism
  20. Capital Choice (Production or Inflationary Income)
  21. Legisflation: Capitalism for a fewer few
  22. Negative Economos: Misused Capital Terms ... Capital Gains vs. Inflationary Returns ...
  23. Illogical Laws: Capital Diversion
  24. Productive Deflation
  25. Unions
  26. Necronomic Nomenclature
  27. Decline and Fall Pax Americana
  28. Great American Sell-Off
  29. Are You Decapitalizing America
  30. Lifehours ... Ecos Nomos
  31. Productivity: Forward
  32. Currency, Book
  33. Managing Without Managers, Capitalism in Workplace

    ABC Index


  1. Democracy contains its seed of self-destruction, e.g., "wastes, exhausts, and murders itself," John Adams. By democracy solving problems generated by depotism, people become placid which plans and fertlizes despotism. Likewise, capitalism contains its own seeds of self-destruction as wealth is created and condensed into fewer hands while the middle-class thinks it is only a matter of time before capitalism rewards them as their jobs, savings and retirement disappear in the drizzle and downpour of decapitalism. (Minsky's "Financial Instability Hypothesis", Schumpeter's "creative destruction" and Greenspan's "exuberant euphoria").