The Farmer and the Banker

Economic system discussion.
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GN912457
Posts: 24
Joined: Mon Oct 20, 2014 5:23 pm

The Farmer and the Banker

Post by GN912457 » Thu Oct 23, 2014 2:41 pm

Who is the real Capitalist?
I have just been watching my son's harvest festival and while all the girls and boy were singing their hearts out, my mind was wondering around thinking about complexity and how that no single child could sing in tune but the group together sang in harmony. Then BANG all the children dressed as farmers it dawned on me that a farmer is very embodiment of a Capitalist. Think bout it he uses his Land and all the space and nutrients needed to grow crops, he uses his Labour to work the land and at curtain times will get the specialist labour of a vet or maybe an accountant. Now a farmer does not mess around when it comes to capital, a tractor and the various trailers the tractor needs to do curtain jobs these things are not cheap and can cost more than houses (outside of London). I am not a Farmer so this maybe wrong but you will get the point, if you plough the land but can not farrow it, you still can't plant the seed. The farmers must have all the right tools at the right time in the right place, if any of the ingredients are missing the job is not done.
Now PLEASE notice that I have not used the word money yet, money is not capital it is the ability to be anything so it can be turned into Capital.

Now lets talk about the Banker, I am a bit stuck. Banks move money around and once upon a time a Banker would get peoples savings and give them to people who wanted to invest I believe it was 363, 3% on savings 6% for loans and on the golf course for 3. I am sure we are all aware that is not how the current banking system works now, the money needed for a new loan is lent into existence and the banker hopes is will be spent wisely so the debtor can pay the loan back. So where is the capital, the computer and network that his computer is plugged into, maybe a car (although I can well imagine the massive waste that we would see a 10 year old Vectra would do the same job as a Rolls Royce).

So maybe people can add some more about the Banker or the Farmer but that would not be hard a farm yard is just jam packed full of Capital with a person he knows exactly when and where to use it. So the Farmer not the Banker is the real Capitalist.

GN912457
Posts: 24
Joined: Mon Oct 20, 2014 5:23 pm

Re: The Farmer and the Banker

Post by GN912457 » Sat Oct 25, 2014 5:59 pm

"The farmer is changed into a god, responsible for the creation of life and the evolution of plants and the health of himself, his family and his fellow man."
The Farmer is a real Capitalist, the Banker is some sort of controller of anything and everything it or he can get his hands on. :D

Knooot
Posts: 11
Joined: Sat Oct 18, 2014 7:26 pm

Re: The Farmer and the Banker

Post by Knooot » Mon Oct 27, 2014 3:05 pm

A farmer may (or may not) be identical to a banker in terms of the nature of his job, but a banker isn't a capitalist by definition.

When the banker takes the money he has earned, and uses that money purely to make profit (say investing in a pension fund), he becomes a capitalist. So everyone with a pension fund is a capitalist and a banker may not be? Well, yeah, it's the coercive laws of capitalism. If you stop investing capital you cease to be a capitalist and become a worker whose labour power is exploited. Dog eat dog. The flip side is there are plenty of very good people who are capitalists. My opinion is it is the economic system, not the people, that is at fault. (All imvvho of course...)

(Forgive the use of 'money', we are talking about jobs within our society so let me refer to it to keep my post simple, cheers!)

GN912457
Posts: 24
Joined: Mon Oct 20, 2014 5:23 pm

Re: The Farmer and the Banker

Post by GN912457 » Tue Oct 28, 2014 9:46 am

Knoot of course I can forgive the use of money, when someone has demonstrated that they realise money and Capital are separate. Our society now is so bogged down with putting value signs by things $ £ it almost feels like unless you put a pound sign by it, it does not exist. This was when it all started to go wrong the Land is real, look out your window now, you can see it, the idea that all value comes from just Labour and Capital is totally flawed.

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