Nope. Capitalism reigns supreme. It isnt perfect but its better than anything we have come up with so far. The reason for the mass unemployment in Europe is governments spending too much money on entitlements- they are spending money they dont have. Governments with balanced budgets and surpluses (like Australia, Brazil, Norway) are doing pretty well.
And arguing about democracy/republican form of government has nothing to do with some nut claiming that capitalism has or is going to fail. I mean here is an excellent opportunity to showcase Karl Marx's nutty writings. Like this: "The Communists disdain to conceal their views and aims. They openly declare that their ends can be attained only by the forcible overthrow of all existing social conditions. Let the ruling classes tremble at a communist revolution." Then all I need to do to discredit Marx is to point out that Reasoned that capitalism would never actually fail otherwise he wouldnt have devised the communist revolution to make it fail. Marx never established a sustainable social or economical system. All that Marx did was devised a way to topple the society that he lived in. ANd to follow that up he devised a way keep the society that he despised from coming back at the expense of basic human nature.
But no you are more into promoting your doctrine and forcing us to accept your revisions of American history. As if no one notices that your entire doctrine was identical to that of the Confederates. If you think no one noticed then well... you were mistaken.
Awesome
A thread of people who have never read Marx
Capitalism has brought more people out of poverty more than any other economic system devised. However, if you feel you got a better alternative to it, let's hear it then.Capitalism reigns supreme in the garbage heap of outdated ideas. It's inherently flawed in that it gives the preponderance of power to the capitalist who is motivated to increase profits and drive wages down. Thus there is an upward flow of capital that results in a distortion of wealth distribution that erodes consumption capability that results in economic crashes. It's totally stupid.
I've read Das Kapital (not the manifesto though) and have a degree in economics. However, I would really love to hear what a teenager has to say.
You have the floor. Dazzle me.
But wait a minute, Gip. You aren't "the man", are you?
According to the "it's the man that keeps a teenager down" economic theory, it is vitally important to rail against anybody who might be it.
Wouldn't want that to be you.
I've read Das Kapital (not the manifesto though) and have a degree in economics. However, I would really love to hear what a teenager has to say.
You have the floor. Dazzle me.
Just the 1st? Or the rest also?
I think if hard work alone is not enough to provide a sufficient living, there is a problem in the system.
Was Karl Marx right about capitalism?
I'd say that is the most pertinent line in the thread thus far.
Paul
Capitalism has brought more people out of poverty more than any other economic system devised. However, if you feel you got a better alternative to it, let's hear it then.
Yes means right, no means wrong.
Capitalism has put more people in poverty in terms of stealing indigenous lands, ruining the environment, denying people access to natural resources, and making people dependent on industrialized labor that rather than focusing on the production of necessities like food, places a focus on the production of various types of machinery that cannot be consumed for sustenance.
Sorry. I misunderstood what you meant in my response to your previous post. If you feel this way, please elaborate.
Nope. Capitalism reigns supreme. It isnt perfect but its better than anything we have come up with so far. The reason for the mass unemployment in Europe is governments spending too much money on entitlements- they are spending money they dont have. Governments with balanced budgets and surpluses (like Australia, Brazil, Norway) are doing pretty well.
The question wasn't about whether Marx was right about communism or socialism. Was Marx right about capitalism?
Marx appears to be saying that from a "greater good" POV, efficiency can become a problem, as it leads to the same work being done by fewer people, and more people out of work.
I'd agree we need to find the right amount of (in)efficiency, because too much is just as damaging as any other form of economic failure.
Ok, there is no "yes and no" option.
Yeah, capitalism sucks for people who want to live in 1820s Alabama.
Marx appears to be saying that from a "greater good" POV, efficiency can become a problem, as it leads to the same work being done by fewer people, and more people out of work.
I'd agree we need to find the right amount of (in)efficiency, because too much is just as damaging as any other form of economic failure.
I don't want to live in 1820 Alabama! We's be's slabes 'den! :lamo
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