Good Lord your posting confirmed to us all that you are the dumbest man or most insane man that I have ever seen post nonsense other than barefoot2626 and Adam Smith is not the father of Captialism but the father of Wealth of Nations which I already knew that about Adam Smith besides it is a known fact that Karl Marxs was the man that created the Terms what we all know today as Communism, Socialism and Capitalism and just think Karl Marxs spent 25 years for his life writing the 4 volumes of what we know today as the term Capitalism and you want to know the real thing about True Capitalism, just like True Communism they have never existed just in name only and all economcial systems of today that claim to be based on Communism or Capitalism are Hybird forms of Socialism that incorporate certain aspects of Capitalism and Communsim and you can see it here in the US and China and especially China because if China was based on True Communism US Corporations wouldn't be flocking to China to do business and setup Manufacturing Facilities and the real thing is about China that people don't want to admit it is more based on True Captialism then anything because the so called Communist Party is actually the Plutocracy within China and the Citizens of China don't have the ability to vote democratically which True Capitalism rejects and the Plutocracy has the say in Society only which is the so called Communist Party and another thing the People China cant elect people to vote themselves other peoples money like here in the US and have done for years and we can thank the Republican party for passing the 16th Amendment too which if the Federal Government wants too they can tax 100% of our income which the Federal Government is entitled to do.<quoted text>
Good lord, You have got to be the dumbest man or most insane man I have ever met.
To attribute the creation the economic model of wealth in capitalism to a communist is absurd. Adam Smith is the father of Capitalism not Marx. That is simply historical fact
What you propose is that the economic, political and societal history of the world over the last 250 years was really the enlightened idea of the daddy of all commies that was born decades after the world has put the very thing you are crediting him for creating into effect.
Next thing you are going to try to tell me is that Obama really won the nobel peace prize in 1930.
History of the 16th Amendment Overview
“The income tax is bad because it was conceived in class hatred, is an instrument of vengeance and plays right into the hands of the communists. It employs the vicious communist principle of taking from each according to his accumulation of the fruits of his labor and giving to others according to their needs, regardless of whether those needs are the result of indolence or lack of pride, self-respect, personal dignity or other attributes of men.”
“The income tax is fulfilling the Marxist prophecy that the surest way to destroy a capitalist society is by steeply graduated taxes on income and heavy levies upon the estates of people when they die.”