- 15 Jan 2008 22:35
What you're describing is capitalism in reality, which is distinct and completely seperate from capitalism in theory.
In your little world, would it work according to theory, the men would opent he factories, and produce many low-quality cooking pots for a cheaper price. The pot makers could then do one of three things: join the factory, for fair wages, start their own high quality artisan guild, or begin a seperate trade.
In the case of Mr. Coke and Mr. Pepsi, there would also be a Mr. Sprite, a Mr. 7-up, a Mr. Root Beer, and a Mr. heinekken. With limitless companies, but a limited pool of workers, wages would drive upwards, and prices would drive downwards, increasing the overall standard of living.
Of course, we all know theory never exists in reality.
In theory, communism is a utopia. In reality, every nation that has tried it has ended up a third-world totalitarian shit-hole, able perhaps to give its people some basic housing, but no where near the quality of its neighbours. People may have free basic health care, but those with rare dieseases die. Party purges are regular, and most government money goes intot he army, rather than improving the lives of people.
Fascism in theory, creates a nice, harmonious state of equality, and mixes capitalism with communism. In reality, you get Hitler.
Theory is not reality.