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Posted on 3/12/19 at 7:18 am to CptBengal
Check out the Von Mises institute on historicism
Posted on 3/12/19 at 7:24 am to CptBengal
quote:
You're even dumber than I initially thought
You asked what the term means, he gave you a definition and examples yet he's "dumb"? He didn't present it as if he were promoting it, just answering your question.
Posted on 3/12/19 at 7:54 am to volod
quote:
Late Capitalism wiki
Is late cspitslism late stage capitalism?
Posted on 3/12/19 at 8:00 am to CptBengal
There's a reason they are called "NPC".
Generally speaking, Leftists don't know what the fk they are talking about.
Like a parrot, they SAY the words, but the words hold absolutely no meaning to them.
Like most Cults, there are mantras that are repeated and "late state capitalism" is must more lettuce in the Left's ever grown word-salad.
Generally speaking, Leftists don't know what the fk they are talking about.
Like a parrot, they SAY the words, but the words hold absolutely no meaning to them.
Like most Cults, there are mantras that are repeated and "late state capitalism" is must more lettuce in the Left's ever grown word-salad.
Posted on 3/12/19 at 8:00 am to TOKEN
quote:
Marx saw late capitalism as the final sign before socialism prevails. Basically the tipping point where lower and middle class rise up.
This...”the last capitalists will sell us the rope from which we will hang them.”
This post was edited on 3/12/19 at 8:01 am
Posted on 3/12/19 at 8:17 am to CptBengal
think of it like "peak oil", where the parties involved get desperate
since leftists see "capitalism" as a system that fits into their authoritarian world view, they think it's an autonomous body controlled by the elites of society and responds in that manner.
it's a combination of exploiting the very last resources (typically by commoditizing alleged rights), producing goods that society "doesn't need", and using the power of the state to enforce these norms via strong police
since leftists see "capitalism" as a system that fits into their authoritarian world view, they think it's an autonomous body controlled by the elites of society and responds in that manner.
it's a combination of exploiting the very last resources (typically by commoditizing alleged rights), producing goods that society "doesn't need", and using the power of the state to enforce these norms via strong police
Posted on 3/12/19 at 9:09 am to CptBengal
late stage capitalism is when automation essentially replaces so much human labor that not enough laborers are needed anymore for capitalism to be a viable means of supporting them all. That is the excuse peddled by advocates of UBI, that human labor isn't needed, so the government should just pay everyone enough to exist, and those people will use that time for creative pursuits.
In reality, history has shown that while automation does replace mass labor, such as how mechanized farm equipment greatly reduced the need for seasonal farm workers, those laborers don't just disappear. Innovations that take away jobs also tend to coincide with new innovations that create jobs. This is not coincidental. People, forced to provide for their own living and motivated by the potential reward of greater profits are driven to innovate if only to survive. This cruel crucible results in a lot of new ideas and businesses being created, but government regulation that creates arbitrary barriers to entry and entitlement programs which serve to remove this creative drive create this kind of passive consumerist culture that eventually results in "late stage capitalism". Late stage capitalism is what happens before the whole entitlement system and economy collapses in a communist revolution, which will inevitably solve the over-abundance of laborers by murdering them all.
In reality, history has shown that while automation does replace mass labor, such as how mechanized farm equipment greatly reduced the need for seasonal farm workers, those laborers don't just disappear. Innovations that take away jobs also tend to coincide with new innovations that create jobs. This is not coincidental. People, forced to provide for their own living and motivated by the potential reward of greater profits are driven to innovate if only to survive. This cruel crucible results in a lot of new ideas and businesses being created, but government regulation that creates arbitrary barriers to entry and entitlement programs which serve to remove this creative drive create this kind of passive consumerist culture that eventually results in "late stage capitalism". Late stage capitalism is what happens before the whole entitlement system and economy collapses in a communist revolution, which will inevitably solve the over-abundance of laborers by murdering them all.
Posted on 3/12/19 at 9:11 am to SlowFlowPro
quote:
since leftists see "capitalism" as a system that fits into their authoritarian world view, they think it's an autonomous body controlled by the elites of society and responds in that manner.
Probably because it's pretty easy to find empirical evidence of the wealthy/elite/connected exploiting capitalism in a way that others can't.
I mean, the big banks are truly too big to fail, for example.
Posted on 3/12/19 at 9:32 am to cahoots
quote:
Probably because it's pretty easy to find empirical evidence of the wealthy/elite/connected exploiting capitalism in a way that others can't.
they are still subject to market forces with demand truly ruling them
capitalism is not using the state to enforce your preferred behavior (although this is a foundational argument of capitalism by progressives)
quote:
I mean, the big banks are truly too big to fail, for example.
it took a lot of government to create that (including the potential bailout option), both directly and indirectly
Posted on 3/12/19 at 9:37 am to CptBengal
In Tytler's Cycle, it is selfishness (envy)
Bondage
Spiritual Faith
Courage
Liberty
Abundance
Selfishness
Complacency
Apathy
Dependence
Then starting over with Bondage
Bondage
Spiritual Faith
Courage
Liberty
Abundance
Selfishness
Complacency
Apathy
Dependence
Then starting over with Bondage
Posted on 3/12/19 at 10:08 am to CptBengal
I think it’s an idea like there are different stages of capitalism where toward the end the greedy/rich have gotten control over most means of production and the working class feels left out or oppressed and they rise up in a socialist revolution.
We have a problem with crony capitalism for sure but last thing I want is socialism. I’d rather revolt and remove the socialists and welfare queens and crony capitalists and return to a lowly regulated purer form of capitalism like we had from 1890-1960
We have a problem with crony capitalism for sure but last thing I want is socialism. I’d rather revolt and remove the socialists and welfare queens and crony capitalists and return to a lowly regulated purer form of capitalism like we had from 1890-1960
Posted on 3/12/19 at 11:17 am to deltaland
quote:
We have a problem with crony capitalism for sure but last thing I want is socialism.
That's because all socialism is is codefied crony capitalism.
Crony Capitalism occurs because the government protects firms from competition through regulations and barriers to entry. In socialism, aspects of the economy are run by the government and typically managed by hand-picked cronys without competition. This creates a system of oligarchs with all the wealth and the power, they just work for the government. It looks exactly the same as crony capitalism, because they're the same story, just a different name. Crony capitalism is de-facto socialism where socialism is de-jure socialism.
Posted on 3/12/19 at 11:48 am to SlowFlowPro
quote:
capitalism is not using the state to enforce your preferred behavior (although this is a foundational argument of capitalism by progressives)
I know, but crony capitalism evolves from capitalism. Kinda like how authoritarian communism evolves from socialism. See how it's similar?
Posted on 3/12/19 at 11:54 am to CptBengal
I'm assuming they are referring to the period right before the Proletariat revolt as predicted by Marx.
Posted on 3/12/19 at 1:45 pm to cahoots
No, crony capitalism evolves from socialism, not from capitalism. If the government lacks power to pick winners and losers, there is no crony capitalism.
Posted on 3/12/19 at 1:49 pm to Bard
quote:
You asked what the term means, he gave you a definition and examples yet he's "dumb"? He didn't present it as if he were promoting it, just answering your question.
Roids make you angry as they shrink your testicles.
Posted on 3/12/19 at 2:09 pm to brian_wilson
I can’t wait until the militia is called up and we can start hunting down Socialist.
Posted on 3/12/19 at 2:58 pm to Caplewood
quote:
Extreme consumerism
Corporate overlords
Mass inequality
Sounds like my kind of party
Posted on 3/13/19 at 8:11 am to kingbob
quote:
No, crony capitalism evolves from socialism, not from capitalism. If the government lacks power to pick winners and losers, there is no crony capitalism.
Realistically, the government has to exist for some purposes. Military, basic infrastructure, zoning laws, etc. Crony capitalism exists even in the most capitalistic environments. You can't just call everything socialism.
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