The lack of History knowledge is however more harmful. (...)
It seems you have that socialist-biased view of history. Are you even aware how much the life of poor people improved after the industrial revolution, when the "less scrupulous business" started "exploiting" them?
A parenthesis: just think in any animal with no natural predators (and which hasn't yet discovered contraceptive means
). White sharks for instance. If they have no predators, and reproduce in an exponential pace as most animals, how come they haven't yet completely taken over the oceans, occupying every available cubic meter of it? What holds their population from growing more? The answer is: there are no available resources for it. Marine biosphere wouldn't bare, in other words, they wouldn't have enough food.
Closing parenthesis, now take a look at human population growth rates, from the roman empire time to present date:
Interesting, isn't it?
People were
dying of poverty (lack of resources) before the industrial revolution and modern capitalism. Infant and children mortality were huge. Industrial revolution cut that short dramatically. Yeah, life at the 18th century was still horrible if compared to today's standards, but it was much better, particularly for the poorest people, if compared with the earlier centuries. This fact socialist folks tend to ignore. The "capitalist pigs" and their "exploitation" saved millions of poor children from starvation.
By the way, this idea that without minimum wage laws wages would fall dramatically demands one question: if employers can simply decrease people's salary like that, how come there are people who earn more than the minimum wage? Why haven't employers managed to decrease everybody's salary to that lower limit?
until people get enough of this exploiters and we get them dealt on Russia 1917's way; lined against a wall and shot in the head.
As far as I know the Russian Revolution was against the state. They barely had any industrial capitalism there, if they had any at all. They precisely lacked the "less scrupulous" people you criticize, to "exploit" them making them richer.
Blackmarket will exist regardless... it's in the duty of authorities to deal with it.
Black markets only exist because there are prohibitions.
And bottom line: private business are NOT to be trusted. They are meant for create profit, not charity.
hehe, right, but armed violent monopolies of "justice", those are to be trusted, I suppose?
It's funny how socialists attack the greed of people but then forget that states are filled with greedy people, with privileges that no human being should have.