re: Can dignity exist in a capitalist society?

quote:

---

Capitalism treats humans as a means to an end (profit), so can any human be dignified when they are essentially dehumanized by our economic system?

---

Lemmie guess, you had this profoundly stupid epiphany after the plumber told you it would be Monday before he could fix your stopped up commode but you are hosting book club tomorrow?

quote:

---

That doesn’t really have anything to do with the question though.

---

No, but it has a tremendous amount to do with his perspective in raising it. It's important you recognize the argument he's raised is more contrived than cogent.

quote:

---

The Left truly believes that everyone who is successful got that way by sheer luck and off the backs of others, not hard work and determination therefore everyone has the right to success

---

Capitalism stole my dignity!!!

Ergo, I’m entitled to try and take it back in any manner that I might see fit.

quote:

---

Tariffs are a reaction of self preservation in capitalism Explain how you see this. I imagine you'll prove my point to cubbies. quote:when others don’t allow free choices Irrelevant to capitalism in the US.

---

Its relevance is in the simple fact that if they arent even or at least comparable systems it’s impossible to truly judge our reactionary policies.

Capitalism isn’t a function of government but requires government action to set the rules when the complexity goes beyond the barter system.

Absolutely, capitalism works better than anything else, but it works best when there are a high percentage of small to midsized businesses, particularly regional ones, and less big government. Aldous Huxley warned of this more than 50 years ago.

Mike Wallace interviews Aldous Huxley

quote:

---

I suspect this professor is particularly envious of those who may be able to cogently express this theory/argument.

---

It’s so interesting to me that so many of you are fixated on this professor instead of the actual discussion. What’s the saying about the kind of person who discusses people rather than ideas?

Who cares about some random dude?

quote:

---

What’s the saying about the kind of person who discusses people rather than ideas?

Who cares about some random dude?

---

He's a meme. Basically an NPC. He has no original thoughts and since this board has a very high population who went to college, we have all experienced these idiot professor NPCs.

That's why I said I would bet $5 he is not passed a real calculus class.

quote:

---

You sound like a big MAGA type now. This is their exact rhetoric around MAGA-centric regulations like tariffs.

---

I'm proud of you that I had to go to page 2 to see your MAGA brain rot arbitrarily pop up with no connection to the thread or discussion. Great work, bud.

quote:

---

trade wars which will damage us more than it will damage anyone else.

---

Not a chance.

Rog, when one reads a bit about economies of the late-19th century, two things are apparent: (1) The gold(or silver)-standard created a very different landscape, (2) Tariffs were requisite in mitigating trade deficits (aka the outflow of gold/silver) thereby preserving national wealth.

#2 should be illuminating for those who suppose chronic trade deficits are inconsequential. The difference 130 yrs makes is instead of hemorrhaging gold forcing wage deflation, we can print more money with commensurate inflation eventually outstripping wage growth. Both screw salaried Americans. The effect of our massive trade deficit is just a little less obvious in our fiat world, but it remains just as it did during the gold standard days.

Further, ~$1 trillion deficit is money which generates no US revenue. Tariffs change that.

quote:

---

trade wars which will damage us more than it will damage anyone else.
Not a chance.

---

Happened in 2018 and 2019.

Which is why Trump had to beg the fed to help him get re-elected.

quote:

---

President Donald Trump renewed his criticism of the Federal Reserve on Monday, tweeting that its decision not to cut interest rates is undermining the US economy and that the central bank is acting like a “stubborn child” for refusing to pursue easy money policies.

Trump has repeatedly claimed that the US economy would take off like a “rocket ship” if the Fed would only listen to him by cutting rates and stopping its plans to wind down a 2008 financial crisis stimulus program.

Trump tweeted that the month of June was on course to be one of the best months in US history, “despite a Federal Reserve that doesn’t know what it is doing.”

“Think of what it could have been if the Fed had gotten it right,” Trump tweeted. “Thousands of points higher on the Dow, and GDP in the 4’s or even 5’s. Now they stick, like a stubborn child, when we need rates cuts, & easing, to make up for what other countries are doing against us. Blew it!”

To help juice the US economy, Trump has also repeatedly called for loose monetary policy – or quantitative easing – even though he routinely criticized the Fed under President Barack Obama for holding down interest rates and swelling the Fed’s balance sheet by purchasing government bonds and mortgage-backed securities.

---

LINK