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From: garys@bunker.UUCP (Gary M. Samuelson)
Newsgroups: net.politics.theory
Subject: Re: Re: What is "capitalism"?
Message-ID: <828@bunker.UUCP>
Date: Wed, 1-May-85 15:34:16 EDT
Article-I.D.: bunker.828
Posted: Wed May  1 15:34:16 1985
Date-Received: Sat, 4-May-85 05:21:31 EDT
References: <441@gargoyle.UChicago.UUCP> <1831@topaz.ARPA>
Organization: Bunker Ramo, Trumbull Ct
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> The ultimate capitalistic society would be one in which there were no
> laborers; everyone makes his or her living by the income of their holdings.
> This may be physically possible in a few decades.

You make it sound like you expect wealth to materialize out
of thin air.  So everyone is living off the interest or dividends
their wealth provides -- except no one is borrowing money to pay
interest on, and no one is running a business for profit to pay
dividends from.  All the farmers are making their living just by
owning their farms, so they don't have to work at growing food
anymore.  No longer will anyone have to earn a living by building
or maintaining housing.

The only way I can see your scenario working (with a nonzero
population) is if what you call capitalism and what others
call socialism actually converge.

Gary Samuelson