The virtues of Capitalism and the Free Market - true then and true now!

If you are into reading and enjoy a good realistic sci-fi depiction of the near future, the Red Mars trilogy has a chilling but realistic prediction of what today's Capitalism will look like, if we keep up this trend, and some good ideas as to what we could possibly do about it heh - Multinational corporations being so big that their economies are bigger than whole countries, which become little more than playthings for corporate greed.

We all get a fair shot in the beginning. What more can we ask for? I don't want any gifts from big brother. I can take care of myself.

I can see how capitalism could be a scary thought for people who have no desire to work.

You can start business only by taking on a loan. Hence being owned by the bankers already. The risk is yours - the colateral or the interest theirs.

The U.S. has a different strategy: trade agreements through their corporations, sucking raw materials and cheap labor.

Not true. I never took a loan for my business. You don't always have to.

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If you believe that crap, then you only have your own corrupt
government to blame for dealing with the yanks, fool.


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Have you no accounts in a bank? Credit lines etc. ... No firm can function without.

All the financial products you use belong to them, not to you. Owned through and through by your bank.

LOL

You have no clue what you're talking about buddy.

Oh well.

I don't understand why so many people hate and degrade success.

I guess haters gonna hate

Yes, everyone has the same chances. chances are not identical? you should go out if everyone is really having the same opportunities

Zombie.

accurate. This is capitalism!

OOh good one!



Haters gonna hate

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Is there some society (company, or even person) you know that doesn't run on "greed"?

Do you think Russia doesn't run on "greed"?
Do you think China doesn't run on "greed"?

What is "greed"? Of course none of us are greedy ... it's only the other fellah that's 'greedy'.

The world runs on individuals pursuing their self-interest.

The great achievements of civilization have not come from government bureaucracies.

Einstein didn't construct his theory under order from a bureaucrat.

Henry Ford didn't revolutionize the automobile industry that way.

In the only cases in which the masses have escaped from the kind of grinding poverty
you're talking about — the only cases in recorded history — are where they've had
capitalism and largely free-trade.

If you want to know where the masses are worse-off, it's in exactly the kind of societies
where they depart from that.


So that the record of history is absolutely crystal-clear:

that there is no alternative way — so far discovered in improving the lot of ordinary people —
that can hold a candle to the productive activities that are unleashed by the free-enterprise system.

~ Morton Friedman

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Yep, and fools are gonna talk shit.

I don´t know you hence cannot hate you. Just from your writing you are a fool IMO. You are not able to reason by yourself, just following others. Not GLP-like at all. Enjoy your dream until it turns to a nightmare.

All the negative things you are all saying about Capitalism, isn't a result of capitalism. It's the result of corporatism. There is a difference, blame the Fed and other central banks for that. Not Capitalism.

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If you didn't have the yanks buying your "raw materials",
South Americans would still be eating boogers & bugs and
sacrificing each other to get the gods to give them a meager crop.

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it is greed, is power, influence, control is, ideology:
Thread: Since 1945, the USA has attempted to overthrow more than 50 foreign governments, most of which had been democratically-elected.

It's following others to NOT be a slave. To control my own destiny?

Ok then..

lol

Last Edited by *Evan on 07/31/2012 01:25 PM

maybe. or we would be producing useful things for our people instead of turning our country into a back yard

capitalism is really great! How rich are poor and how many are there? It is a Darwinian system. Ok, it's nature, right? We are animals, right?

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Doubtful.

South American societies raped and pillaged each other
long before the white man arrived on scene.


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We do not have capitalism now, we have corporatism.

If we had capitalism, non viable companies would be allowed to fail, with replacement industries filling in the need for jobs. There will always be unemployed people in capitalism, and that's why we need a small welfare state to support those temporarily unemployed by virtue of their previous tax contributions.

With our system of corporatism now, non viable companies receive massive government welfare and subsidies to stay afloat. This means that workplaces don't develop in a natural way and so we get pockets of permanently unemployed people with a much higher welfare bill.

If we let these companies fail and returned to a framework of around 70% private sector and 30% public sector, we would have a much more efficient system with less welfare spending, more opportunities for small and medium businesses to flourish, and a welfare system that acts as a trampoline, not a spiders web.

You are correct.

Well actually, Germany has the better Constitution nowdays, USA could have it aswell but Roosevelt died before he could introduce his 3rd amendment in the US.

Only Germany and Japan have it and they are among the most free and successful countrys in the World still.

US is going downhill, and more and more invading in Privacy.

People complain about Obama Care well Germany has Healthcare and Socialcare for every Cityzen, no need for Foodstamps.

But you dont complain about being groped at the Airport or being shot by ur Police wierd Coruntry realy.

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Yeah, I could agree with that.

But the answer would be to go BACK to Capitalism.

Socialism ultimately fails because eventually it
runs out of other people's money, especially that
generated by Capitalism.

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hey dum dum OP,lack of regulation by the people is what has enabled the bankers and corporations to steal trillions from the global economy.

You're hypocrite for using the ol 'stealing from the rich' argument.True socialism/communism or equally distributing all wealth would be extreme and a form of stealing.But as stated before the current system of capitalism has enabled bankers and corporations to do the opposite and steal from the peoplw.

All you're doing basically is advocating the rich steal from the poor instead of vice versa.

Hey dum dum....ever hear of The Federal Reserve Act? That's what has let them loot the world.

You can have all the regulations you want, but when they control the money, they don't care about your regulators.

Hey dum dum..notice the part where I said the people themselves should regulate the corporations and govt,and not vice versa?