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Capitalism Will Hit the Wall Again, Hard

Dibbler

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We Americans need to get away from bipartisan bickering and fix the nation. Here is part of an eyeopener on the economy.

 
Dibbler said:
We Americans need to get away from bipartisan bickering and fix the nation. Here is part of an eyeopener on the economy.

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And those poor people are so wrong except in one thing. It is not capitalism out there that is not working. The reallocation process has done a very good job of reducing the gap between the rich and poor populations. That has worked spectacularly well.
 
There is no better system than capitalism in fact its getting embarrassing for those who try to make that argument.

Marxism is widely discredited.
 
Dibbler said:
We Americans need to get away from bipartisan bickering and fix the nation. Here is part of an eyeopener on the economy.

Click to expand...

one simple mistake in claiming capitalism will hit a wall,is that capitalism in any true form has never been tried,much in the same socialism has never been tried.

capitalism uses competition as a regulator,while the govt would use regulations to protect life liberty,and property.what we have is corporate capitalism,which is a mutation of mercantilism.there is heavy favoritism that not only protects the biggest players,but in most industries prevents new players from competing,by making requirements so strict that outside existing players it would be easier to build a time machine and go back in time than to comply with the rules.

the problem has plagued every economic system,from mercantilism to capitalism to feudalism to socialism,in every system the govt selects a few winners and protects them from losing,and in turn benefit from protecting those few.
 
People need to wake the hell up, as long as Capitalism is on steriods in this country, income inequality will keep GROWING, and guys like Mitt Romney will get to buy another Mansion he won't need while others will struggle to put food on the table...

You Conservatives want your free market, and Capitalism fine, just remember and recognize the welfare rolls will keep GROWING at an alarming rate, along with other Government services...

You want your cake and eat it too, SORRY NOT HAPPENING...
 
What we have here in this country is the mistaken idea that just because concentrated power isn't formalized, then it doesn't exist. A small group of wealthy interests rule this country. They have to do it through the medium of buying up elected officials and controlling the media and access to information, but they still do it. But just because we don't have a formalized class system and because some people can move around within the middle class, we think that entrenched wealth and power in the hands of a small group doesn't count. It's no different than the aristocracies of medieval Europe or feudal Japan, it just pretends to be something else. That is what American capitalism has wrought.

For all those free market buffs, realize that a market cannot be free. It will always be subject to the power of those interacting with it, and rational choice and free enterprise have failed spectacularly in the face of overwhelming power, in the form of concentrated wealth.
 
Compared to 25-years ago, do we have more capitalism-freedom or less?

What about 50 years ago?

The further we recede from capitalism-freedom, the worse it gets. Socialists-Democrats-Liberals try to use their own destructive influence as evidence to impose more socialism. The simple solution is more freedom, not less.
 
Dibbler said:
We Americans need to get away from bipartisan bickering and fix the nation. Here is part of an eyeopener on the economy.

Click to expand...

Denmark seems to be in good shape. Perhaps, we should copy their model.
 

The fact that welfare is growing proves that we don't have capitalism! This just proves the continued failure of the liberal socialist state.
 
Cephus said:
The fact that welfare is growing proves that we don't have capitalism! This just proves the continued failure of the liberal socialist state.
Click to expand...

Wealth redistribution is not capitalism and they think they understand the issue.

Also, not allowing "too big to fail" models to do just that is hamstringing capitalism. As are regulations and the assumptions of the left.
 



So, to re-cap, you are complaining about Capitalism that pays the bills and Socialism that runs up the tab.

You want to throw the cake away and continue to eat it.

By the by, income inequality occurs when the top end goes higher. If the tops end is dropping, which is what you suggest, the inequality is decreased and everyone is happy.

Just like Somalia where the average income is $1.00/day. Ah, equality. Ain't it grand?
 



Do you suffer under the delusion that Government has had nothing to do with the concentration of power to the hands of a few?
 
The only problem that we've ever had with capitalism are the crooks that run amuck with it and keep trying to control it; like now. Today's downfall began in 1980 and it shows no sign of correcting itself.
 
rabbitcaebannog said:
Denmark seems to be in good shape. Perhaps, we should copy their model.
Click to expand...

The Danes are big on incentivizing wealth creation, profit AND private sector investment.
 
code1211 said:
Do you suffer under the delusion that Government has had nothing to do with the concentration of power to the hands of a few?
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Democratic government is merely a tool. It does nothing on its own and exists only to do the will of those who control it. Unfortunately, we have made it far more available to a few moneyed interests than to the common people. So long as we allow government to a purchasable commodity, the wealthiest among us will purchase it, and use it to do their will and none other.

jet57 said:
The only problem that we've ever had with capitalism are the crooks that run amuck with it and keep trying to control it; like now. Today's downfall began in 1980 and it shows no sign of correcting itself.
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It wasn't doing very well in the 1880s, either, when robber barons and railroad monopolies could buy up all the government backing they liked. Or in the 1930s, when radio companies got to write the legislation to regulate their industry and give themselves unchecked control. Or in the 1950s and 60s when our national defense spending became "line the pockets of weapons contractors" spending. Capitalism and the free market only work when it is a contest between financial equals. The moment one competitor or the other has enough extra money to win via advertising or lobbying, the system no longer works. Especially advertising, an industry that exists solely to circumvent reasoned interaction with the market which is the foundation upon which capitalism rests.
 
jet57 said:
The only problem that we've ever had with capitalism are the crooks that run amuck with it and keep trying to control it; like now. Today's downfall began in 1980 and it shows no sign of correcting itself.
Click to expand...


Nonsense.

The only problem we've had with " Capitalism " is Government interference predicated on manufactured narratives like " equal credit " and " discriminatory lending practices ".

It was solely responsible for the 2008 Financial crisis.
 
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Well regulated is the KEY! And of course, no crony capitalism.
 

This is how simplistic they are on the matter. Think of how frustrating it must be to know that socialism fails wherever it is tried-and that even the worst capitalism STILL outperforms it. The entire premise of the marxist revolution was to abolish poverty from the working class. :lol:

Now in capitalism those with capital invest it and logically those with the most capital will accrue the biggest gains (after the biggest risks). BUT that does not change that EVERYONE benefits, including the poorest. In fact the poor of today are as well off as the middle class of the 70's in many ways-and BETTER off in others.

Marxism is so discredited its become pathetic watching its supporters.
 

Under what angelic system is power NOT concentrated amongst the wealthy? This will be good. :2wave:
 

Reagan's capitalism didn't pay the bills. He borrowed more than all the presidents before him.
 
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Yeah that really settles everything. :roll:

Socialists want us to believe that the best form of capitalism just happens to be (surprise!) socialism. Way cool.
 
US Conservative said:
Under what angelic system is power NOT concentrated amongst the wealthy? This will be good. :2wave:
Click to expand...

It would certainly be lessened without private money going into elections. It would be lessened if false advertising were actually punished. It would be lessened if corporations were held accountable for injuries or deaths and pollution caused by their business instead of mere slaps on the wrist. It would be lessened if we enforced strong anti-monopoly measures. It would be lessened if we didn't allow corporate agents to be appointed to the regulatory committees that oversee their industries.

There's a lot that can be done. Why is the right wing that supposedly represents common Americans so opposed to such things?
 
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