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re: My feeling on capitalism

Posted on 3/27/14 at 8:15 am to
Posted by RCDfan1950
United States
Member since Feb 2007
34857 posts
Posted on 3/27/14 at 8:15 am to
quote:

quote:In fact, it's one of the most moral systems on Earth.

That produces massive inequality, unbridled greed, corporatism, war, waste, pollution... Sorry bra...massive fail on your part.


Good grief; no wonder the Country is in a bind.

The consequences of implementing Capitalism (I.e., the systematic guarantee of your freedom to work and keep the fruits of your labor) is just like implementing the use of a gun. It's good or bad depending on the PERSON who employs it.

Mobs of sorry-assed people will always gang up to forcibly take what productive people create, like hyenas on the plains. And of course there will be some intelligent/powerful individuals/groups who disregard the plight of their weaker but honest brethren...and purse unbridled greed, status and power. Both these go in the spiritual dumpster no matter their worldly trappings.

Without Vision...there is NO GOVERNMENT that can save a blind society from themselves. Herding cats.

Mother Nature will handle this.

Posted by UncleFestersLegs
Member since Nov 2010
10805 posts
Posted on 3/27/14 at 8:15 am to
quote:


Now that is funny, child labor, unsafe working conditions, six or seven day work weeks, hell yeah lets head back to that.


quote:

Consider child labor in nineteenth-century Britain--the wellspring from which modern child labor laws evolved. Immediately, hideous snapshots flash in the mind: five-year-olds being lowered into coal mines, wan children at textile mills, a Dickenesque Oliver asking for "more." These images are used to condemn the free market and the Industrial Revolution against whose evils a humanitarian government is said to have passed child labor laws. This analysis is badly mistaken.
...
In 1832, partly at the behest of labor-hungry manufacturers, the Royal Poor Law Commission began an inquiry into the "the practical operation of the laws for the relief of the poor." Its report divided the poor into two basic categories: lazy paupers who received governmental aid; and, the industrious working poor who were self-supporting. The result was the Poor Law of 1834, which statesman Benjamin Disraeli called an announcement that "poverty is a crime."
...
Thus, in advocating the regulation of child labor, social reformers asked government to remedy abuses for which it was largely responsible. Once more, government was "a disease masquerading as its own cure." To their credit, some reformers realized that regulations to help the poor did precisely the opposite.



Legal Child Abuse
Posted by SettleDown
Everywhere
Member since Nov 2013
1333 posts
Posted on 3/27/14 at 8:16 am to
quote:


Did Government greed move jobs overseas to increase profit margin? Does Government greed put unsafe vehicles on the road to save a buck (GM, Toyota, Ford). Did Government greed put 8 year olds into Coal Mines to work in the past.
Here's a test for you lovers of government and haters of the private sector.

You seem to have many items on your list of terribles that capitalism has produced. OK.

Think about it and list the ten WORST THINGS you can think of that private entities have done in this world. The WORST. Go for it.

When you're done. I'll move whatever is #1 on your list down to no better than #11 after I list the 10 worst things governments have done.

Capitalism is a human endeavor. Pointing out that some humans are bad is not exactly challenging and it isn't even the question at hand!
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421355 posts
Posted on 3/27/14 at 8:18 am to
quote:

I think its a great economic system. It rewards people who supply things that society wants and needs and does it more efficiently than any system ever devised by man.

yeah the main issue is thinking about capitalism in terms of service. those who serve humanity, will likely prosper
Posted by Tackle74
Columbia, MO
Member since Mar 2012
5251 posts
Posted on 3/27/14 at 8:20 am to
quote:

You are a joke. We were a powerhouse in the 1950s and 1960s because we were the only economic power that came out of the 2nd World War largely intact.


Nice personal attack to subvert my arguments. The post WW II economy came decades after regulation of business began in the Progressive Era and New Deal Socialism. Now how would Government in and of itself be a negative to business? I agree that many laws and regulations of our current Government are BS, BUT that does not mean that lack of Government would equate to a better economy.
Posted by Tackle74
Columbia, MO
Member since Mar 2012
5251 posts
Posted on 3/27/14 at 8:21 am to
quote:

We haven't had any laissez faire capitalism. Our economy is more regulated now than at any other time in our history.


We have not had it since the 19th Century correct but people love to spout about government regulation blah blah blah, fact is we need to have some regulation.
Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 3/27/14 at 8:22 am to
quote:



Nice personal attack to subvert my arguments. The post WW II economy came decades after regulation of business began in the Progressive Era and New Deal Socialism. Now how would Government in and of itself be a negative to business? I agree that many laws and regulations of our current Government are BS, BUT that does not mean that lack of Government would equate to a better economy.



The economy did not start growing until New Deal and War spending ramped down and production shifted to consumer good.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421355 posts
Posted on 3/27/14 at 8:23 am to
quote:

That produces massive inequality

possibly, but it advances the worst off better than any other. inequality is irrelevant when you look at the full picture

quote:

unbridled greed,

ok. and?

quote:

corporatism

that's a function of government

quote:

war

which private armies are causing all this war?

quote:

waste

link?

quote:

pollution.

true, but that pollution is only a result of producing things that humanity needs to support a population that keeps on going. when you find out a better system for the 2-3B people who would die without these products, i'll listen
Posted by constant cough
Lafayette
Member since Jun 2007
44788 posts
Posted on 3/27/14 at 8:24 am to
quote:

The post WW II economy came decades after regulation of business began in the Progressive Era and New Deal Socialism.


Regulations of progressive era is in part what lead to the depression. The post WWII economy was like the OP said because we had the only intact industrial base left in the world. New deal socialism is what lead to the problems we are currently facing.
Posted by SettleDown
Everywhere
Member since Nov 2013
1333 posts
Posted on 3/27/14 at 8:25 am to
quote:

unbridled greed,
When I see this term, I wonder. Who do they want to do the "bridling"?
Posted by CITWTT
baton rouge
Member since Sep 2005
31765 posts
Posted on 3/27/14 at 8:27 am to
"The Wealth of Nations" read it.
Posted by Tackle74
Columbia, MO
Member since Mar 2012
5251 posts
Posted on 3/27/14 at 8:27 am to
quote:

Here's a test for you lovers of government and haters of the private sector.


See here is a problem, I do not hate the private sector. I do not hate Capitialism at all. I think that Capitalism is fine and the greatest system in the world. I do though think that unregulated Capitalism is not the great thing that some think it is. Without some laws and regulations there can be problems arise.
Posted by tiderider
Member since Nov 2012
7703 posts
Posted on 3/27/14 at 8:28 am to
quote:

JazzyJeff
My feeling on capitalism
quote:
In fact, it's one of the most moral systems on Earth.
That produces massive inequality, unbridled greed, corporatism, war, waste, pollution...

Sorry bra...massive fail on your part.


capitalism produces none of those things ...

those are human creations ...
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421355 posts
Posted on 3/27/14 at 8:29 am to
quote:

The post WW II economy came decades after regulation of business began in the Progressive Era and New Deal Socialism.

that statement is nothing more than a sequence of events. there is no correlation or causation in play

quote:

Now how would Government in and of itself be a negative to business?

regulations being used by the connected elite to make competition illegal or unprofitable

removing more money from successful businesses via taxation and redistributing to less productive

2 basics

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421355 posts
Posted on 3/27/14 at 8:30 am to
quote:

When I see this term, I wonder. Who do they want to do the "bridling"?



they talk out of both sides of their mouth when they use the "G" word and it's never clear exactly how it's being used
Posted by UncleFestersLegs
Member since Nov 2010
10805 posts
Posted on 3/27/14 at 8:31 am to
quote:

Now how would Government in and of itself be a negative to business?

Regulatory capture
Posted by Tackle74
Columbia, MO
Member since Mar 2012
5251 posts
Posted on 3/27/14 at 8:31 am to
quote:

The post WW II economy came decades after regulation of business began in the Progressive Era and New Deal Socialism.


Fact is the United States became the greatest economy the world has ever seen while facing more regulation then it had in the 19th Century. If you really think that de-regulated business is good for the country then we will never agree.
Posted by constant cough
Lafayette
Member since Jun 2007
44788 posts
Posted on 3/27/14 at 8:33 am to
quote:

I do though think that unregulated Capitalism is not the great thing that some think it is.



Right, but the thing is we haven't had unregulated capitalism. Regulations that required banks to lend money to people who they knew couldn't pay it back is what caused the housing collapse. And now Obama has been giving $85 billion a month for the last five years to wall street.

What we are suffering from is unregulated government.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421355 posts
Posted on 3/27/14 at 8:34 am to
quote:

Fact is the United States became the greatest economy the world has ever seen while facing more regulation then it had in the 19th Century

but that's largely irrelevant, as we were the only major economy left on earth, our population had a bunch of money in savings, AND we got to rebuild europe for the next decade or 2. we could have had a much, much less efficient system (ie, more regulated) and still roared along

quote:

If you really think that de-regulated business is good for the country then we will never agree.

give me a list of regulations you desire
Posted by SettleDown
Everywhere
Member since Nov 2013
1333 posts
Posted on 3/27/14 at 8:34 am to
quote:


See here is a problem, I do not hate the private sector. I do not hate Capitialism at all. I think that Capitalism is fine and the greatest system in the world. I do though think that unregulated Capitalism is not the great thing that some think it is. Without some laws and regulations there can be problems arise.


Well. There are only a few anarchists on this board.

For the rest, it's a weighting issue. The government is like 100 times scarier than the private sector. And, I'm probably understating that.

So. I'm not against its use, but it better be VERY compelling and not just some piss ant gripe about things not being "fair".
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