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originally posted by: 3NL1GHT3N3D1
Unbridled capitalism isn't sustainable. At some point the profits will end, you can't keep expecting ever-growing profit margins year over year. All the money will have been siphoned to the top and into Swiss bank accounts by the time the fat lady sings.
originally posted by: Mach2
originally posted by: 3NL1GHT3N3D1
Unbridled capitalism isn't sustainable. At some point the profits will end, you can't keep expecting ever-growing profit margins year over year. All the money will have been siphoned to the top and into Swiss bank accounts by the time the fat lady sings.
By use of the term "unbridled", your statement has merit, but unbridled anything is not a good idea.
More to the point though, American capitalism is hardly unbridled. Regulatory agencies are one way to combat unfair practices, as long as they don't get carried away, such as happened with the previous administration. In fact, overregulation is quite detrimental to virtually any economic system.
Capitalism does depend on an, at least, static population size, and is better with an expanding one.
It is also bolstered by innovation, and new products coming to the market place, as well as people having expendable income to support the system.
Once any economic system provides Maslow"s basic needs, everything else is a choice of the consumer, and that is not a bad thing.
What is your primary knock on capitalism? The inequality of it? If that is the case, I hate to break the news to you, but that exists irrespective of the system. It is a false utopia, unless there is a change in basic human nature.
originally posted by: Elementalist
Around 1850s or so, is a short window in the grand scheme of Earth/humanity.
Smedley Butler on Interventionism
-- Excerpt from a speech delivered in 1933, by Major General Smedley Butler, USMC.
War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is conducted for the benefit of the very few at the expense of the masses.
I believe in adequate defense at the coastline and nothing else. If a nation comes over here to fight, then we'll fight. The trouble with America is that when the dollar only earns 6 percent over here, then it gets restless and goes overseas to get 100 percent. Then the flag follows the dollar and the soldiers follow the flag.
I wouldn't go to war again as I have done to protect some lousy investment of the bankers. There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
There isn't a trick in the racketeering bag that the military gang is blind to. It has its "finger men" to point out enemies, its "muscle men" to destroy enemies, its "brain men" to plan war preparations, and a "Big Boss" Super-Nationalistic-Capitalism.
It may seem odd for me, a military man to adopt such a comparison. Truthfulness compels me to. I spent thirty- three years and four months in active military service as a member of this country's most agile military force, the Marine Corps. I served in all commissioned ranks from Second Lieutenant to Major-General. And during that period, I spent most of my time being a high class muscle- man for Big Business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism.
I suspected I was just part of a racket at the time. Now I am sure of it. Like all the members of the military profession, I never had a thought of my own until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of higher-ups. This is typical with everyone in the military service.
I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912 (where have I heard that name before?). I brought light to the Dominican Republic for American sugar interests in 1916. In China, I helped to see to it that Standard Oil went its way unmolested.
During those years, I had, as the boys in the back room would say, a swell racket. Looking back on it, I feel that I could have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents.
Here’s my argument: If you’re an intelligent business owner, you don’t give a # about someone’s gender/orientation/race/etc. you care about hiring people who can do the job you need them to and do it well. Period. Doesn’t matter the job, industry, etc. Nor does it matter what gender/orientation/race/etc. an employee is.
That’s pure capitalism and if you run a business and don’t agree with that you’re not maximizing the profitability of your creation and leaving money on the table. That’s dumb.
All of this artificial BS about D&I is just a way to spread wealth to those who otherwise couldn’t do it on their own, hold back those who are capable, force business to spend money on something that is pure defense/has zero ROI and shift power to “those who are oppressed”.
originally posted by: Gryphon66
a reply to: Boadicea
Is there a problem with Americans using their right to assemble and speak?
How exactly does a business "force you" to do anything?
What's anti-market (anti-capitalistic) about a more diverse and inclusive customer base again?
If your personal beliefs are more important to you than profit, so be it, but why should the rest of us let you force that belief on us?
originally posted by: Gryphon66
a reply to: Boadicea
Is there a problem with Americans using their right to assemble and speak?
How exactly does a business "force you" to do anything?
What's anti-market (anti-capitalistic) about a more diverse and inclusive customer base again?
If your personal beliefs are more important to you than profit, so be it, but why should the rest of us let you force that belief on us?
originally posted by: Elementalist
Capitalism feeds off of consumerism and hence profit and build.
Consumerism feeds of materialism.
Materialism feeds from the very elements and substances or resources from our very Earth.
Those resources or elements are limited on Earth and wont last forever, either will capitalism.
Without people consuming materialistic products or services, capitalism falls like a house of cards.
But I do agree, this diversity/inclusion crap our species is being molded into, can hurt capitalism.
Around 1850s or so, is a short window in the grand scheme of Earth/humanity.
A lot of damage to earth and humanity has happened since though.
It's all perspective.