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Originally posted by orbitbaby
The problem with capitalism is that someone ALWAYS loses. For there to be a winner
there HAS to be a loser. If you want more you'll have to take it from someone else,
leaving them with less...
People will look back and say "capitalism doesn't work, just look what happened to
Amerika.", same way they do now when they talk about Russia and communism or
Germany and socialism or the fall of Rome.
Originally posted by TheMindWar
reply to post by AlexIR
Thats not the fauot of capitalism, thats greed, plain and simple.
Consider the facts, if you get rid of capitalism for say communism it wont solve our problems, greed will still exist, period.
Greed is the root of the problem and its greed that leads people to push for monopolies. If someone has a monopoly on something thier wealth is not at risk.
In every society its always greed and the lust for power that feeds the problems.
Originally posted by Americanist
Originally posted by Dragoon01
Wrong OP.
Capitalism is not the crisis.
There is a crisis in Capitalism.
The Crisis is the collusion of government with business. When segments of business can purchase such a high level of influence they will use that infulence to secure their business position. Only the government can keep a monopoly in place. Only the government can use the power of force to strangle competition and only government can mitigate the fluctuations of true market forces. Entrenched business does not like competition and uncontroled innovation. Capitalism functions on market forces and continued innovation. Only private ownership of resources and production allow market forces to truely function.
For the record Chomsky is a dolt and could not last a single round with Ludwig Van Mises.
Deregulation keeps monopolies in place... Politics and government out of business as I'm sure you've heard the pitch before. The power of purchase is victorious in such an environment. What you allude to is Keynesian economics. What we've witnessed is far from it. Capitalism is an illusion like the majority of other models designed to funnel wealth and hard assets to oligarchs. Their private ownership means you're forced to buy what they're selling until you can't borrow enough to afford basic necessities.
Hold up, I'll find you the number for T. Boone Pickens, so you can reserve your water ration before the big rush is near!
For the record, there's a sucker born every minute.
Originally posted by Dragoon01
Originally posted by Americanist
Originally posted by Dragoon01
Wrong OP.
Capitalism is not the crisis.
There is a crisis in Capitalism.
The Crisis is the collusion of government with business. When segments of business can purchase such a high level of influence they will use that infulence to secure their business position. Only the government can keep a monopoly in place. Only the government can use the power of force to strangle competition and only government can mitigate the fluctuations of true market forces. Entrenched business does not like competition and uncontroled innovation. Capitalism functions on market forces and continued innovation. Only private ownership of resources and production allow market forces to truely function.
For the record Chomsky is a dolt and could not last a single round with Ludwig Van Mises.
Deregulation keeps monopolies in place... Politics and government out of business as I'm sure you've heard the pitch before. The power of purchase is victorious in such an environment. What you allude to is Keynesian economics. What we've witnessed is far from it. Capitalism is an illusion like the majority of other models designed to funnel wealth and hard assets to oligarchs. Their private ownership means you're forced to buy what they're selling until you can't borrow enough to afford basic necessities.
Hold up, I'll find you the number for T. Boone Pickens, so you can reserve your water ration before the big rush is near!
For the record, there's a sucker born every minute.
Deregulation keeps monopolies in place????
Lets hear your explination for that line please.
As for Keynesian, no its actually from the Austrian School.
Von Mises is a different guy than Keynes.
For the record there's a usefull idiot stepping up to trash Capitalism every other thread.
Only the government can use the power of force to strangle competition and only government can mitigate the fluctuations of true market forces. Entrenched business does not like competition and uncontroled innovation.
Originally posted by Dragoon01
reply to post by Americanist
You dont understand the definition of deregulation. I work in telecom and worked for one of the big three for 4 years, its one of the most heavily regulated utilities in the country. I addressed the use of the government to maintain business positions. True deregulation would mean NO REGULATIONS. What we have however is not deregulation. You may have been alluding to that but I will let you off the hook for not coming off that way.
I have explained this on several threads. Business uses its money to purchase influence. Influence comes in the form of government agents (politicians and regulators). If Government had no power to regulate or tax it would have no ability to implement that influence. Business is doing what it naturally can do to be top of the heap. The problem lies in the government.
Business uses its money to purchase influence.
The power of purchase is victorious in such an environment.
Originally posted by Dragoon01
Influence is the problem.
Influence buys regulations
So we fix this problem of influence by...
MORE REGULATION.
Genious. There's a circular debate for you.