SFLRN
DP Veteran
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LeftyHenry said:Firstly, that's not true. I used to shop at Wal-Mart. The prices for clothing aren't THAT much better. Maybe 5-10 dollars cheaper than in other places but the quality was ****. My clothes would rip and stain easily and I ended up throwing outmost of my Wal-Mart clothes in a couple of months. Also a kid who wears wal-mart cheap brands willbe laughed at in school because of how materialist-consumerist kids become at a young age here.
Secondly, I feel like I'm repeating myself over and over again and you ignore and ignore me again. I provided you with a source which proves that Wal-Mart costs more to taxpayers in subsidies than it saves people money. Also that Wal-Mart decreases annual income in it's area of operation by about 5% per person. Yet you continue to claim I use "emotional appeals" and don't have any "facts". Here are your facts
Third, it is prescisly because I care for the workers why I hate companies like Wal-Mart. Wal-Mart brutally exploits their workers in gulag conditions for slave wages. Until they improve there conditions and pay there workers a living wage I will be Anti-Wal-Mart. It is preposterous for you to claim that Wal-Mart is good for the poor when it is Wal-mart that contributes to putting them there with their always low wages policy.
Lastly, how would you know an ounce about me? You don't so don't make silly assumptions like "You have never opened ad economics book". I have and I have also take courses on economics. I came to the the political affiliation that I am after I considered whether or not the economics would work, and I'm convinced they can. Specialization is definately efficient. No one questions that. However the real question is at what cost? Inhumane wages and conditions? A displaced American working class? What's the solution to that? increase wages and make conditions nicer? We can't do that because then we'll have to raise prices a penny per dollar. Tell the American working class to get an education? You're forgeting that little thing called 'money'.
Source
First, I am not wrong. Second, Russia is capitalist now. Third it did becoem a superpower through military might however one cannot ignore how Russia went from a peasant nation to an industrialized nation which brought things that the peasants had never heard of before like free education, healthcare, and retirement.
lol The great thing is about this capitalist system. Someone such as yourself is given complete freedom to disagree with the basis of our government and success and still have such freedom. In communist countries there are no such freedoms.
Russia is a very limited form of capitalism. More and more they are slipping back into their old state-controlled model. Their economy is not very economically free by any measure. It ranks about 122nd overall. Now freer economics does not guarantee better economic performance if you do not have the prequisites for economic growth, infrastructure, and good geographic location. Russia is not so lucky geographically although it does have good oil reserves. As I stated earlier. The problem is the state is coming back in and threatens to dampen long-term growth.
http://www.econlib.org/library/Columns/y2006/JasayRussia.html
But to statistically validate my claims. Lets use some examples. Hong Kong, has infrastructure and it has the highest overall economic freedom rating. And it also happens to have a 31,200 per capita income. China, a comparable country. Has about a 6.800 per capita income. Their economic freedom rating is 111th. Signapore has the 2nd highest economic freedom rating. And their per capita is 28,100. Nearby India's rating is around 121st, their corresponding per capita is 122. The information from that is collected from the cia world factbook and the economic freedom index. Markets can succeed and have growth without economic freedom, for a time. The markets of india and china have loosened up a bit and now they are growing rapidily. But the correlation between economic freedom and economic strength is high. Heres another bit of proof of the relationship. http://www.hku.hk/hkcer/freedom.htm#2004
Some might have said the American work class could not have possibly moved from the farms to the factory and that the new economy would split people as such. But Americans were able to make the change and will be able to see the investment in education and as basic economic theory suggests. As a market grows in size, aka more people wanting education, more providers will come to meet this rising demand as happens time and time again. Thus there will be more and coincidentally cheaper education. And sure government intervention could be useful in certain instances in bringing up the american workforce.
Now come on. You cannot use facts against wal-mart gathered from an anti-wal mart site. Then you must let me use statistics from a libertarian site. You need objective sources and you do not have them.
New England Consulting Firm- Wal-Mart saves nearly 1,300 dollars per family.
Global Insight- Wal-Mart saves 2,000 dollars per family.
Global Insight- Wal-Mart and the competition of big box retailers saves Americans nearly 300 billion dollars yearly.
Lets take your 2.5 billion and subtract it from the nearly 300 billion dollars saved. 300-2.5= 297.5. So once again it seems wal-mart has a positive net value overall.
Furthermore, your whoe anti-capitalist argument is based on the example of one company. Even with some of their worker violations the majority of companies are small businesses (less than 500 people) nearly 99 percent of all businesses and they rarely have such kinds of violations.
So what is communism has failed? If it has failed why try it again. It has worked in Hong Kong, it has a per capita of 31.000 dollars. Signapore has a 28,000 per capita. It is thus not true that it does not work elsewhere and as I have mentioned earlier capitalism is creating a 9 percent growth in China. Capitalism has succeeded overall and there is statistics to back it up. Give me statistics explaining that China had more economic growth during its communist times, which had less productivity, than its time moving into capitalism?
lol The majority of economists agree that it was World War II and the full employment that took place that helped spur the economy into rapid production.
"The onset of war in Europe and Asia put a dramatic end to a decade-long economic depression. The American economy recovered rapidly during late 1940 and 1941 from the high unemployment of the 1930s"
http://www.ohiohistory.org/etcetera/exhibits/kilroy/eveofwar/depression.html
I'll agree that government intervention can sometimes account for market failure. But in most cases such intervention is unsustainable. Such programs are now running into problems with funding. See Social Security.
Ohh yes every society would trade with each other. And there would be no classes, because its parecon. Just because. No elaboration? Well if societies trade then would not the ones that have the products that people want more (say they live in a better geographical location) be able to get better things from other people. I mean if I live in a big oil region and community D lives in Africa and alls they have is barley and everyone wants oil is it not safe to say that my community will be richer than society D because my product is in higher demand and thus my society would form a higher class?
If peopel know how to run their own economy in parecon. How is it that there are a few who cannot manage their own finances in modern day? Surely you would agree there are just some people who simply do not manage their money well?
Okay if the community decides the needs of what is built. Then how is that not already covered under capitalism. People decide what the community needs by buying certain products. Communities say hey we need food, by buying food and thus farms are built so the farmers can make profit from the people who want food. This mechanism of consumer needs are already accomodated under capitalism and as I stated earlier capitalism has proof of actually working.
Capitalism is not taking place in africa because they do not have the basics to have a true market economy. They need health , educational and other basic infrastructure before the free markets can take over as Jeffery Sachs, who has spent 20 years in developmental economics would tell you. The End of Poverty