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Originally posted by openminded2011
Socialism works quite well for corporations. They privatize profits an socialize losses. Remember the 700 billion we gave the banks?
That money came from the pockets of every man woman and child in the country, If thats not socialism I dont know what is. But when they are counting money instead of taking ours, then its a different story. THEN its capitalism.
Originally posted by polarwarrior
Socialism is not taking money from some people and giving it to others, unlike fox news has told you.
Originally posted by ModernAcademia
Free market capitalism is different, the power remains with the people not Govt.
Originally posted by kalisdad
how does planned obsolescence fit into your premise?
to me that has nothing to do with socialism, and eveything to do with the greed that comes with corporate capitalism.
Originally posted by daskakik
This is what proponents of free market capitalism always get wrong. The power shifts to those who make it to the top first. Then it's back to good old fashioned crony capitalism.
Originally posted by daskakik
Crony capitalism is nothing more than people colluding. It is totally possible under free market capitalism.
Originally posted by daskakik
free market capitalism is just as idealistic as socialism.
Originally posted by ModernAcademia
I explained how it happens in socialism.
You said it's also possible in free market capitalism.
Explain how.
Also it puts too much trust in individuals in power.
Free market does not!
Originally posted by daskakik
It is self explanatory and happens in many different ways on all levels. If you look at the actual definition of the term you will realize that it isn't limited to business and government helping each other out. It also includes private parties colluding to drive someone else out of business or forming an oligopoly in order to artificially inflate prices.
Originally posted by daskakik
There are many ways in which influential participants in the market can manipulate the market, resulting in markets that are anything but free.
.
Originally posted by ModernAcademia
There's anti competition laws that forbid this.
Free market is free from govt. intervention, now the law.
Nothing is free, only socialism calls things free, remember?
Originally posted by daskakik
Yes but without government intervention there wouldn't be anti-competition laws.
Nothing is free, only socialism calls things free, remember?
Originally posted by ModernAcademia
That's not true and a common misconception.
There would still be laws, it's just that the people would manage the economy themselves.
That doesn't mean not anti competition or and class actions suits.
There are no socialist countries. Capitalism is the predominant economic system the world over.
Originally posted by ModernAcademia
The funny thing is that people who say "You don't know what Socialism is" dont' know what it is themselves either.
People don't realize socialism was intended to be born out of a global revolution and violent overthrow of govt..... GLOBALLY.
And then when you talk about common ownership and the above it is by far the most unrealistic and idealistic imaginary path ever conceived.
There were many groups and members of American society who objected to World War I. Recent immigrants, Irish immigrants, socialists, midwestern progressives and populists, and even parents of young men are a few of the members and groups who opposed the war. Moral and religious reasons contribute to the underlying reason as to why young men tried to avoid and even refuse the war draft.
Conscientious objection arising from non-religious - humanist, socialist, anarchist - motives developed in Europe from the early 20th century, particularly in the aftermath of the First World War.