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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 weagle99
Posted on 10/17/22 at 12:42 pm to weagle99
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 on 10/17/22 at 12:42 pm to weagle99
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.
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 on 10/17/22 at 12:44 pm to jawnybnsc
Capitalism ruined the NFL and college football and we will never get it back
Posted on 10/17/22 at 12:47 pm to Bjorn Cyborg
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 on 10/17/22 at 12:51 pm to weagle99
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.
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 on 10/17/22 at 12:54 pm to weagle99
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 on 10/17/22 at 12:59 pm to ShoeBang
quote:
You took the long way around to telling us you are borderline retarded

This
Posted on 10/17/22 at 1:00 pm to weagle99
Con of Capitalism, yes, this shite happens:
Counterpoint: There are zero economic systems that would have stopped this.
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 on 10/17/22 at 1:03 pm to RogerTheShrubber
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 on 10/17/22 at 1:05 pm to Arch of Titus
quote:well by definition it is.
Conservatives have been conditioned to think capitalism must mean "private businesses can do whatever they want in the market"
quote:the more socialized you government is, the more they want to "control" what is good for the society.
you are free do conduct business but not free to harm 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 on 10/17/22 at 1:07 pm to weagle99
quote:get lost, commie...
As I get older I start to wonder if Capitalism is really the best approach
Posted on 10/17/22 at 1:10 pm to weagle99
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 on 10/17/22 at 1:10 pm to weagle99
Capitalism is the best system. Inevitably capitalism will be exploited and eventually implode and have to start again from scratch.
Posted on 10/17/22 at 1:19 pm to weagle99
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 on 10/17/22 at 1:24 pm to weagle99
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 on 10/17/22 at 1:25 pm to weagle99
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."
Russian workers used to quip, "They pretend to pay us, and we pretend to work."
Posted on 10/17/22 at 1:29 pm to weagle99
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.
We’ve certainly overvalued immediate financial results.
I’m not sure that’s capitalism’s fault. It is certainly a societal failure.
Posted on 10/17/22 at 1:30 pm to weagle99
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 on 10/17/22 at 1:32 pm to the808bass
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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