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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    The Austrian School is not considered mainstream and was generally discredited in the '30s. I prefer practical systems and not theoretical ones:

    Milton Friedman objected to the policy implications of the theory, stating the following in a 1998 interview:
    I think the Austrian business-cycle theory has done the world a great deal of harm. If you go back to the 1930s, which is a key point, here you had the Austrians sitting in London, Hayek and Lionel Robbins, and saying you just have to let the bottom drop out of the world. You've just got to let it cure itself. You can't do anything about it. You will only make it worse. You have Rothbard saying it was a great mistake not to let the whole banking system collapse. I think by encouraging that kind of do-nothing policy both in Britain and in the United States, they did harm.[95]

    In 1969, Milton Friedman, after examining the history of business cycles in the U.S., concluded that
    "The Hayek-Mises explanation of the business cycle is contradicted by the evidence. It is, I believe, false."[90] He analyzed the issue using newer data in 1993, and again reached the same conclusion.[91] Referring to Friedman's discussion of the business cycle, Austrian economist Roger Garrison argued that Friedman's empirical findings are "broadly consistent with both Monetarist and Austrian views", and goes on to argue that although Friedman's model "describes the economy's performance at the highest level of aggregation, Austrian theory offers an insightful account of the market process that might underlie those aggregates".[96]
     
  2. Wry Catcher
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    Wry Catcher Platinum Member

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    Why did Lenin write State and Revolution?
     
  3. The Sage of Main Street
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    The Sage of Main Street Silver Member

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    Patrician Contempt for Their Useful-Idiot Followers

    As usual, you ideologues take a superficial characteristic such as having a title as the necessary criterion to judge if someone is an aristocrat. The anti-democratic US Constitution does the same thing, abolishing titles but not abolishing birth privileges, which are the real signs of aristocracy. Marx was an elitist snob and would have been a nobody without Daddy's Money.
     
  4. The Sage of Main Street
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    The Sage of Main Street Silver Member

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    This Little Piggy Went to Market

    The free market means that whoever inevitably controls a market is free to do whatever he wants. It is a fleece market. Don't be a sheep; the Enronists don't care about their apologists either. Only a brain-slave would object that any criticism of this plutocratic parasites' paradise is "Socialist." Besides, a Communist is a Capitalist, Jr.
     
  5. Natural Citizen
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    Natural Citizen Gold Member

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    Nuuh nuh nuh nuh nuh. Let's pick up where we were. You're neglecting where we left off. That's not functional debate. One step at a time here. You don't get to skip around. I won't let you. :)

    Now. You asked ''How did the Fed kill capitalism?''

    Did you not?

    Was the specific explanation I offered on how the fed killed capitalism not correct, in your view? If not, then, why not?

    To repeat: 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!


    Tell me where I'm wrong in offering the accurate assessment which I did, please. Does the government not do these things which have been offered? Thanks.
     
    • Funny Funny x 1
    Last edited: Oct 31, 2017
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Pure capitalism...what is that? Augustus Caesar ran the entire Roman Empire without a police force, all disputes were settled in courts. That's pure capitalism.
     
  7. The Sage of Main Street
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    The Sage of Main Street Silver Member

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    A Horse of a Different Color

    Similar to that would be a professional opinionator using the embees to test some ideas to see if it would pay off for him to come out with them publicly. Rather than a stalking horse, he would do that himself under a username that doesn't give away who he is.
     
  8. Sundance508
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    Sundance508 Gold Member

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    Now this sort of poster deserves to be on a board invisible to the public...such stupidity needs to be hidden away.
     
  9. The Sage of Main Street
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    The Sage of Main Street Silver Member

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    Worth Over Birth

    Then the naturally skilled should get the advantages richkids get instead. Confiscate inheritance and redirect it to the talented from childhood on. The investment will pay off many times over, whereas the unearned birth privileges are the hidden tumor that destroys all civilizations. Imagine if athletes had the privilege of passing on their positions to their sons, how long would pro sports last? Letting the HeirHead moochers get Daddy's Money is institutionalized inferiority.
     
  10. danielpalos
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    danielpalos Gold Member

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    The more social left has health care reform and a fifteen dollar an hour minimum wage on the table.

    the more capital right wing is about lowering their taxes, and cutting social benefits for the poor, and have nothing but repeal of health care reform.
     

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