Corporations, Accounting, Securities Laws, and the Extinction of Capitalism

3Capitalism

DOI: 10.4324/9781003240969-4

Six Blind Men and Capitalism—A Parody¹

A group of blind men heard that a strange animal, called Capitalism, had been brought to the town, but none of them were aware of its shape and form. Out of curiosity, they said: “We must inspect and know it by touch, of which we are capable.” So, they sought it out, and when they found it they groped about it. In the case of the first person, whose hand landed on the trunk, said, “Capitalism is like a free-market.” Another, whose hand reached its ear, exclaimed, “Capitalism is like long-term assets used in production.” The third blind man, whose hand was upon its leg, declared, “Capitalism is like appropriating wage labor.” The fourth blind man, who placed his ...