CDZ Ask Me About Marxism

Discussion in 'Clean Debate Zone' started by Marxist_Trash, Oct 28, 2017.

  1. alang1216
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    alang1216 Pragmatist

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    Every business loves the free market when they're starting up but, once they're established, try their best to throttle it. They will use their money to seek government protections and market share to buy out to bankrupt competitors. A free market requires an active government to keep it free.

    My analogy is the NFL. They make the rules for every team and have a ref on the field to enforce the rules, they are the gov't. Other than that the teams are free to hire and train players and make plays as they see fit.
     
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  2. Natural Citizen
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    Natural Citizen Gold Member

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    Bull Pucky.

    You've been reading too much Krugman. lol.
     
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  3. alang1216
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    alang1216 Pragmatist

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    Was there ever a time or place with 'fundamental capitalism'? If we reintroduce it will it not fail again?
     
  4. Natural Citizen
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    Natural Citizen Gold Member

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    1913 gave us the income tax, The Federal Reserve, the 16th amendment and the IRS. There's the probem.
     
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  5. Natural Citizen
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    Natural Citizen Gold Member

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    And we need to reintroduce free markets. Get the government out of it because all they're doing is building a mountain of debt while debasing the dollar.

    That system is doomed to fail. Intelligent people realize it. And other countries are now realizing it.
     
  6. alang1216
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    alang1216 Pragmatist

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    What do any of these have to do with capitalism?

    Every gov't in history has collected taxes, socialist and capitalist alike.

    How did the Fed kill capitalism? You'd think capitalism requires a stable money supply or it is back to the barter system.

    The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.[list 1] Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s, have led to the expansion of the roles and responsibilities of the Federal Reserve System.[4][9][10]
     
  7. Natural Citizen
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    Natural Citizen Gold Member

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    Sigh. Wikipedia. Are you serious? Do you think I don't know what the Federal Reserve is?

    You're not qualified for this discussion. Respectfully. I'm sorry. I'm just not going to waste any more time with you at the moment.

    I'll leave you a snippet with a homework assignment. Read it, come back to me, then we can see what you've learned and perhaps move forward in the discussion in a relevant way. Okay?

    A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It's not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare.

    This is not capitalism!

    Finish your assignment here, please - Has Capitalism Failed?
     
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    Last edited: Oct 31, 2017
  8. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Krugman is the funniest thing in the papers ever since "The Far Side" ended
     
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  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    'Communism doesn't work because people like to own stuff.' -- Frank Zappa
     
  10. Toronado3800
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    Toronado3800 VIP Member

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    Hey Frank, what up man! I feel like we've talked on here for a decade.

    No disagreement with the Zappa quote there. I suspect we can meet and agree that pure socialism just is not going to work in the foreseeable future. To set up a future series of debates on tax structures and regulations I don't feel pure capitalism will work either. We'll see where humanity is in 1,000 years and debate if the needle has moved at all!
     
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