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re: As I get older I start to wonder if Capitalism is really the best approach

Posted on 10/17/22 at 12:42 pm to
Posted by BigTigerJoe
Member since Aug 2022
8886 posts
Posted on 10/17/22 at 12:42 pm to
quote:

As I get older I start to wonder if Capitalism is really the best approach

Would you like to go back to the feudal lord system?



After the overlords cull the population, the show "Into the Badlands" comes into play.

Posted by Bjorn Cyborg
Member since Sep 2016
32106 posts
Posted on 10/17/22 at 12:42 pm to
For capitalism to work, you have to be willing to let people starve in the streets.

Unfortunately, our government is not willing to do that.

Capitalism has to have people motivated by their own self interests, including the basics of food and shelter.

When people are no longer motivated by those things, the system breaks down.
Posted by TheRouxGuru
Member since Nov 2019
11920 posts
Posted on 10/17/22 at 12:44 pm to
Capitalism ruined the NFL and college football and we will never get it back
Posted by Arch of Titus
Member since Oct 2022
35 posts
Posted on 10/17/22 at 12:47 pm to
quote:

For capitalism to work, you have to be willing to let people starve in the streets.

Unfortunately, our government is not willing to do that.

Um, good?
quote:

Capitalism has to have people motivated by their own self interests, including the basics of food and shelter. When people are no longer motivated by those things

What if I'm not a selfish a-hole and am motivated by a higher ideal (the Nation,
God, morality) rather than can I make a buck

Conservatives were made to be purely economic in their worldview in the 80's. They've lost society because of it. Empty churches, gays everywhere. You have nothing because you are nothing. You have no sense of nationhood, of belonging to a people stretching back and into the future. No. All you have are platitudes and abstractions as your world crumbles around you.
Posted by riccoar
Arkansas
Member since Mar 2006
3986 posts
Posted on 10/17/22 at 12:51 pm to
Out of Capitalism, Socialism, and Communism, Capitalism is the only one that will allow you to excel farther on your own.

And yes, you can become self-sufficient and rich. However, it requires a sacrifice that most are not willing to make. If you have ever known someone ultra-rich, then you would know they spend very little of their money on things that don't return some kind of reward.

People today are unwilling to go slow and instead grab the huge mortgage and two cars with massive financing and then wonder why they can't get ahead and blame the system.

In Communism and Socialism, your ceiling is already set and you will never break through it.
Posted by Macavity92
Member since Dec 2004
6043 posts
Posted on 10/17/22 at 12:54 pm to
quote:

So then the question becomes: In the real world, in American society, can it ever be used correctly?



Wrong question. It does not have to be used 100% correctly to be effective. The question is how much government regulation is required to keep it between the ditches. Too much regulation and you're headed off to socialism. Too little regulation and the abuses could head the other way. Right now we are in the far too many regulations phase.
Posted by moneyg
Member since Jun 2006
59509 posts
Posted on 10/17/22 at 12:59 pm to
quote:

You took the long way around to telling us you are borderline retarded



This

Posted by GoldenGuy
Member since Oct 2015
12479 posts
Posted on 10/17/22 at 1:00 pm to
Con of Capitalism, yes, this shite happens:

quote:

Hey do you like that stand of 200 year old hardwoods? Tough shite we are going to flatten them and build low quality apartments that will turn to trash soon


Counterpoint: There are zero economic systems that would have stopped this.
Posted by AUjim
America
Member since Dec 2012
3708 posts
Posted on 10/17/22 at 1:03 pm to
quote:

Let them fail


One of the best tenets of capitalism.

People are supposed to recognize opportunity, pursue it, and learn from the failure. We have subsidized out failure. Too many safety nets for people who don't actually need them. Removing the absolutely necessity for drive and grit due to the consequences or fear of failure is the greatest atrocity committed by our government.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57968 posts
Posted on 10/17/22 at 1:05 pm to
quote:

Conservatives have been conditioned to think capitalism must mean "private businesses can do whatever they want in the market"
well by definition it is.

quote:

you are free do conduct business but not free to harm society.

the more socialized you government is, the more they want to "control" what is good for the society.

there is a middle ground... when you have no government intervention you create monopolies and the consumer loses. when you have the government intervening in everything you have Communism.
This post was edited on 10/17/22 at 1:08 pm
Posted by Chicken
Jackassistan
Member since Aug 2003
24524 posts
Posted on 10/17/22 at 1:07 pm to
quote:

As I get older I start to wonder if Capitalism is really the best approach
get lost, commie...
Posted by BugAC
St. George
Member since Oct 2007
55490 posts
Posted on 10/17/22 at 1:10 pm to
quote:

I don’t support Socialism nor Communism. Just taking a step back to evaluate my beliefs.



Name me 1 economic system that allows for more individual liberty and has raised more people out of poverty than capitalism.
Posted by DingLeeBerry
Member since Oct 2014
11499 posts
Posted on 10/17/22 at 1:10 pm to
Capitalism is the best system. Inevitably capitalism will be exploited and eventually implode and have to start again from scratch.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
76955 posts
Posted on 10/17/22 at 1:13 pm to


Posted by narddogg81
Vancouver
Member since Jan 2012
21312 posts
Posted on 10/17/22 at 1:19 pm to
The arrogance of anything other than capitalism is staggering. Planned economies always fail because they entrust decision making into the hands of a small number of supposef experts rather than using the vast potential of the distributed intelligence of the entire population making rational or at least semi rainfall decisions about the best way to use their own resources. It doesn't matter how smart your group of decision makers is, it's dwarfed in scope and complexity by the processing power of hundreds of millions of minds working in their own interests. Thomas Sowell has a lot to say in the subject. Our issues are not capitalism based, they are caused by interfering in capitalism functioning. Capitalism in just a couple centuries lifted literally billions of people out of poverty/subsistence living, more than the number of people who had been alive on the planet going back to the dawn of man prior to that point. The idea that after the 20th century anyone is still questioning the superiority of capitalism as a system is mind boggling
This post was edited on 10/17/22 at 1:21 pm
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
70596 posts
Posted on 10/17/22 at 1:24 pm to
quote:

Hey do you like that stand of 200 year old hardwoods? Tough shite we are going to flatten them and build low quality apartments that will turn to trash soon


You can have zoning laws and conservation easements without being a commie. But think about it from the land owner's perspective. He's sitting on a $2m piece of land that he inherited from his otherwise poor parents. Telling him he can't do anything with it except for letting the animals play Snow White is kinda shitty too.
Posted by Auburn1968
NYC
Member since Mar 2019
23181 posts
Posted on 10/17/22 at 1:25 pm to
Yeah, let's try a big dose of government efficiency with peasants and overlords! It's never worked, always resulted in poverty and misery for the masses, but maybe it will work this time!

Russian workers used to quip, "They pretend to pay us, and we pretend to work."
Posted by the808bass
The Lou
Member since Oct 2012
120522 posts
Posted on 10/17/22 at 1:29 pm to
I don’t completely disagree with some of your points.

We’ve certainly overvalued immediate financial results.

I’m not sure that’s capitalism’s fault. It is certainly a societal failure.
Posted by TBoy
Kalamazoo
Member since Dec 2007
26173 posts
Posted on 10/17/22 at 1:30 pm to
quote:

I don’t support Socialism nor Communism. Just taking a step back to evaluate my beliefs.

Markets and production can be regulated and still be capitalism. The right wing criticism of every regulation or rule for markets as being "socialist" or "communist" is bullshite. Reasonable labor and employment regulations as well as reasonable safety and other product regulations are essential to the health of the society.

As far as the comparison of "capitalism" and everything else, the everything else has its foundation in utopian nonsense. Communism and universal sharing will never work because it's against human nature.
Posted by Bunk Moreland
Member since Dec 2010
62694 posts
Posted on 10/17/22 at 1:32 pm to
I'm not anti-capitalism, but I do think a debt based monetary system based on infinite growth is headed for collapse for any number of reasons, the most likely being the end of cheap, plentiful energy. I don't know what the answer is, but the von Mises folks probably have some ideas.
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