Bailouts are to Creationism as Capitalism is to Darwinism

Discussion in 'Economy' started by PLYMCO_PILGRIM, Jul 20, 2009.

  1. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    Lets see if this gets any traction.

    This is my basic thought pattern here with the bailouts and the economy.

    Capitalists are believers in economic dariwnism. Basically the strong survive and eat up/kill off the weak.

    Bailout lovers are believer in economic creationism. Basically the strong are too strong and the weak deserve government help to survive in the face of the strong.



    I know I know its very simple....but maybe we can expand on it/adjust it/change it up a little.

    What do you guys think?
     
  2. editec
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    editec Mr. Forgot-it-All

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    I think its a fairly weak analogy because "economic creationism" isn't a term that has real meaning to begin with.

    And in order for analogies to have traction they must compare concepts that are well understood.

    How about: capitalism is to survival of the individual as socialism is to survival of the commonweal?

    That anlogy draws parallels with the known and well understood belief systems which really already do exist in both scientific and economic theory.
     
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  3. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    I don't agree about the strong surviving and the weak being "eaten." The market decides who wins and who loses, only when the government gets involved are the big strong businesses able to keep down smaller weaker competition.
     
  4. Paulie
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    Paulie Platinum Member

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    I'm a capitalist, and I don't believe the weak are eaten up by the strong. The "weak", as you put it, have all the potential of becoming stronger. I was once "weak", meaning I knew nothing about business, the economy, the market, etc. But I've studied it on my own, in my spare time, and I've learned enough that I've made profits from investments, albeit small ones compared to others here like, say, Toro. I haven't become RICH, but I've certainly helped myself along in the past 2 years or so.

    And I spent about zero dollars doing it, too, besides my internet service and a couple books.

    I believe strangling regulations do way more to keep the weak down than anything else.
     
  5. Baruch Menachem
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    Baruch Menachem '

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    goofy analogy on its face, but I will sort of go along with it, as bailouts are based on bad logic, special pleading and appeals to doubtful authority, so I can go along with the sort of equals creationism simile.
     
  6. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    you guys make me smile :D
     
  7. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    I was more saying that instead of letting the economy evolve naturally we, through things such as bailouts, are trying to create our economy.

    Sorta like how some people believe that instead of life evolving naturally god created it.

    Thats all.
     
  8. midcan5
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    midcan5 liberal / progressive

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    Irrelevant analogy. Darwinism is based on natural selection, natural meaning what works survives. Capitalism is based on markets that include agents and agencies (corporations) who can do good and often do bad or even stupid. Creationism only assumes a creator, if one can find help (as assumed in analogy) in creation show it to me. PS There is no free market nor has there ever been one. There are markets and without regulation, you can easily see what those bad guys can do.

    Boston Review — Dean Baker: Free Market Myth

    Boston Review — Jeff Madrick: No New Tax Cuts

    "Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." John Maynard Keynes

    "The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.. But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil." John Maynard Keynes
     
  9. Richard-H
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    Richard-H Gold Member

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    What do I think?

    While the analogy of Capitalism to Darwinsim has some merit, the one of 'bailout lovers' to creationism doesn't make sense. A better antithesis to darwinsm, and more analogous with the motives of bailout lovers, would be any number of philosophies from basic Christianity to existentialism...any that promote human intelligence, responsibilty and/or compassion.

    Darwinism, or being more specific 'survival of the fittest', is a theory of the mechanism that causes evolution in the ANIMAL world. (though I do not believe that this part of Darwinism is correct - I will not argue that point right now).

    Anyway, WE ARE HUMANS NOT ANIMALS. People who promote and profess an economic order based on the behavior of animals DO NOT DESERVE THE RIGHTS, FREEDOMS AND PRIVILEDGES OF HUMAN BEINGS AND SHOULD NOT BE TREATED AS SUCH!

    Murders, theives and other who do not have the compassions of human beings void their own rights as human beings. Why should economic animals be considered any differently?
     
  10. jillian
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    jillian Princess Supporting Member

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    no offense, but isn't the syllogism you're looking for:

    bailouts is to capitalism as creationism is to darwinism?

    don't agree with you, but just saying.
     

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