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True Socialism and True Capitalism are both idealistic and not practical.

Posted on 4/7/14 at 10:04 am
Posted by sabes que
Member since Jan 2010
10156 posts
Posted on 4/7/14 at 10:04 am
true or false? I know many of you are staunch conservatives that believe in a complete laissez faire economic policy. How can you possibly defend that stance? What about things like child labor laws, tops, protection of women's jobs while on maternity leave, compensation for workers injured on the job that can no longer work, etc. etc. Would it really be better to have a complete, no regulation capitalistic system?

Also Marxism or true Socialism and the whole "from each according to his abilities, to each according to his needs" is very idealistic because of the lack of incentive to work and better yourself. Not everyone will be willing to work hard just simply for the benefit of others.

True Laissez faire capitalism is also very idealistic and naive. This is because it relies on the good will and nature of the people who have to help out those who cannot help themselves. Also, look at the horrible injustices that happened while true capitalism had free-reign in this country. There were 5 and 6 year old children working 12-14 hour days in factories and sometimes under dangerous conditions.


Neither system is compatible to human nature. JMO.
Posted by Holden Caulfield
Hanging with J.D.
Member since May 2008
8308 posts
Posted on 4/7/14 at 10:09 am to
quote:

What about things like child labor laws, tops, protection of women's jobs while on maternity leave, compensation for workers injured on the job that can no longer work, etc. etc. Would it really be better to have a complete, no regulation capitalistic system?

All good points but if you believe the market will penalize companies who engage in such practices then we won't see much of this occurring. In this age of instant information and feedback we're seeing businesses go out of their way to avoid unwanted criticisms of their business practices.

That said, I do believe in oversight.
Posted by Mahootney
Lovin' My German Footprint
Member since Sep 2008
11872 posts
Posted on 4/7/14 at 10:10 am to
One makes the government really rich and everyone poor.

The other makes business people really rich, some middle class, and some poor.

Which one would you prefer?
Posted by Zach
Gizmonic Institute
Member since May 2005
112417 posts
Posted on 4/7/14 at 10:10 am to
quote:

staunch conservatives


I've been reading political prose for over half a century. I have NEVER seen the word 'staunch' used as an adjective in front of the word 'liberal.'

Two questions..

1. Do staunch liberals exist?
2. Is it illegal to use the words 'staunch liberal?'

Re: your OP.. Yes, true capitalism can exist. I have no problem with child labor, refusing to pay women on maternity leave, getting rid of workers comp. No problem at all.
Posted by NikolaiJakov
Moscow
Member since Mar 2014
2803 posts
Posted on 4/7/14 at 10:10 am to
Socialism - at some point, you run out of other people's money

Capitalism - at some point, an underachiever who wants something for nothing (Socialist) is going to try and take your hard earned money
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 4/7/14 at 10:10 am to
quote:

There were 5 and 6 year old children working 12-14 hour days in factories and sometimes under dangerous conditions.



where exactly did this happen and in which year?
Posted by S.E.C. Crazy
Alabama
Member since Feb 2013
7905 posts
Posted on 4/7/14 at 10:11 am to
Dumb thought process.
Posted by wilfont
Gulfport, MS on a Jet Ski
Member since Apr 2007
14860 posts
Posted on 4/7/14 at 10:15 am to
quote:

True Laissez faire capitalism is also very idealistic and naive. This is because it relies on the good will and nature of the people who have to help out those who cannot help themselves

quote:

There were 5 and 6 year old children working 12-14 hour days in factories and sometimes under dangerous conditions.

It relies upon the market to correct such practices. I doubt if a company employing five year olds for fourteen hours a day is going to thrive in 2014 America.
Posted by Taxing Authority
Houston
Member since Feb 2010
57092 posts
Posted on 4/7/14 at 10:16 am to
False. Look at the illegal drug market.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67009 posts
Posted on 4/7/14 at 10:19 am to
quote:

idealistic and not practical.


Sounds like my sex life :rimshot:
Posted by McLemore
Member since Dec 2003
31442 posts
Posted on 4/7/14 at 10:30 am to
quote:

staunch conservatives that believe in a complete laissez faire economic policy


staunch conservatives?
Posted by LSUnKaty
Katy, TX
Member since Dec 2008
4341 posts
Posted on 4/7/14 at 10:33 am to
quote:

True Laissez faire capitalism is also very idealistic and naive. This is because it relies on the good will and nature of the people who have to help out those who cannot help themselves.
What system does not rely "on the good will and nature of the people who have to help out those who cannot help themselves"?

Some argue that the subjective ideals of the electorate and the people in elected office can better "help out those who cannot help themselves" through political means, others argue that political means are inherently corrupt and that the objective free market system can help everyone (not just those who can't help themselves) and do it better, more justly and more ethically than a coercive political regime.
quote:

look at the horrible injustices that happened while true capitalism had free-reign in this country. There were 5 and 6 year old children working 12-14 hour days in factories and sometimes under dangerous conditions.
I echo a previous post: "where exactly did this happen and in which year?"
Posted by Qwerty
Member since Dec 2010
2114 posts
Posted on 4/7/14 at 10:46 am to
quote:

There were 5 and 6 year old children working 12-14 hour days in factories and sometimes under dangerous conditions.


Have you ever been around a 5 or 6 year old? It would take more manpower to get them to work a 12-14 shift in any productive way than to actually do it oneself.
Posted by deltaland
Member since Mar 2011
90502 posts
Posted on 4/7/14 at 10:47 am to
Child labor was a problem in northern factories in the late 1800s. But they came here by boat looking for gainful employment... They chose to work there.

I have no problem with it as long as the children weren't forced to work against their will. In a way it does soon good for them to learn the value of work at a young age when I was 10 yrs old I had a summer job and it benefitted me greatly
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/7/14 at 10:55 am to
quote:

Child labor was a problem in northern factories in the late 1800s. But they came here by boat looking for gainful employment... They chose to work there.



My dad didn't choose to drop out of school to get a job when he was 13, he had to because he was hungry. Other kids' parents forced them to work.

In any case, to say a child works because he wants to or chose to is like saying a 12 year old can give consent for sex.
Posted by sabes que
Member since Jan 2010
10156 posts
Posted on 4/7/14 at 10:56 am to
quote:

where exactly did this happen and in which year?


What, are you kidding me?
Posted by CAD703X
Liberty Island
Member since Jul 2008
77947 posts
Posted on 4/7/14 at 10:58 am to
quote:

What about things like child labor laws, tops, protection of women's jobs while on maternity leave, compensation for workers injured on the job that can no longer work, etc. etc. Would it really be better to have a complete, no regulation capitalistic system?


because those things dont happen in china & north korea.

great argument is great.
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 4/7/14 at 10:58 am to
quote:

he had to because he was hungry.


so you're saying he chose to work rather than starve? It would be nice if the entitlement crowd had this choice
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 4/7/14 at 10:59 am to
quote:

What, are you kidding me?



this is your answer? what, are we in fifth grade here?
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78362 posts
Posted on 4/7/14 at 11:00 am to
Every single thread you start starts with a false Marxist assumption. It's like talking physics with a guy who can't add. It's pointless for all involved.

Just embrace your economic ignorance,revel in it, and spare us the tortured sophistry.
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