What is "Unfettered Capitalism"?

[rightwinger]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

 

[The Rabbi]

Capitalists want government out of their lives except where they need them

Protect patents, enforce unfair competition laws, defend their interests abroad...

Pesky things like labor and environmental laws and they complain about the nanny state

Patents protect intellectual property. Somethign you are sadly lacking in.

Nanny state interfering with free commerce

Wrong. The legal system protects enforcement of contracts too. Maybe you want to call that "nanny state". But only if you're incredibly stupid.

It is a "fetter" on pure capitalism

Survival of the fittest

You dont know what you're talking about.
Or you're drunk.
Again.

 

[The Rabbi]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

You dont know what you're talking about. Youv'e never been in business. You never ran anything but your keyboard on this website.

 

[Searcher44]

No, I'm referring to our government's responsibility to keep our free markets free of corruption and protection of the health and safety of the public; specifically full disclosure of investor information so it's available to not just to the wealthy and power but all Americans, banking regulations that guarantee the safety of deposits, product regulations particularly health and safety that insure that the food we eat and our medicines are safe, and protection of our most precious resources, the air we breath and water we drink.

The government has no such responsibilities. Check the Constitution. You won't see them mentioned.

You really need to go find a copy of "The U.S. Constitution for Dummies". The only crime defined by the Constitution is treason.
Using your thought process everything else should be legal? Really, that's the way I, and I'm sure everyone else understands your statement. By the way, Article 1, Section 8 of the U.S.C. provides for an Army and Navy, no mention of an Air Force. Does that make having an Air Force unconstitutional.

Where did I mention crime? I responded to a post that claim a vast list of things was the responsibility of the federal government. That's obvious bullshit because all the responsibilities of the federal government are listed in the Constitution. Making sure our medicines are safe isn't one of them.

You avoided this;

"By the way, Article 1, Section 8 of the U.S.C. provides for an Army and Navy, no mention of an Air Force. Does that make having an Air Force unconstitutional?" .
And avoiding that you just carry on blithely (without a thought) and say " all the responsibilities of the federal government are listed in the Constitution." So tell me, who's responsibility is the Air Force? Your answer might help me explain to you why the government has other responsibilities that aren't specifically mentioned in the U.S.C.

The airforce started off as a wing of the Navy. So it's covered there.
Quit being an airhead. If you can.

I'm not talking about then, I'm talking about now. It is now an independent branch of the Armed Forces. Go give your history lesson to somebody who cares. If you can't answer the question "Why is the Federal Government operating an Air Force when it is not authorised to do so by the constitution?" mind your own business.

 

[Iceweasel]

Like I said, I've been in business for three decades

And I'm sure that Avon appreciates your loyalty.

There is no purely free market

So aside from the fact that your statement is a straw man, you're also now contradicting yourself. Previously, you said that markets were either entirely free, or were fascism. Now you're saying that there is no such thing as an entirely free market. If that is the case, then the United States has perpetually been a fascist economy. At least, according to you.

Tell me, how does it feel to look into your hands and see your ass?

You are a blithering idiot. I never made those claims. Go post it up.

I said all along capitalism only works in a stable marketplace and no rules amounts to anarchy, not capitalism. You're full of shit.

 

[The Rabbi]

The government has no such responsibilities. Check the Constitution. You won't see them mentioned.

You really need to go find a copy of "The U.S. Constitution for Dummies". The only crime defined by the Constitution is treason.
Using your thought process everything else should be legal? Really, that's the way I, and I'm sure everyone else understands your statement. By the way, Article 1, Section 8 of the U.S.C. provides for an Army and Navy, no mention of an Air Force. Does that make having an Air Force unconstitutional.

Where did I mention crime? I responded to a post that claim a vast list of things was the responsibility of the federal government. That's obvious bullshit because all the responsibilities of the federal government are listed in the Constitution. Making sure our medicines are safe isn't one of them.

You avoided this;

"By the way, Article 1, Section 8 of the U.S.C. provides for an Army and Navy, no mention of an Air Force. Does that make having an Air Force unconstitutional?" .
And avoiding that you just carry on blithely (without a thought) and say " all the responsibilities of the federal government are listed in the Constitution." So tell me, who's responsibility is the Air Force? Your answer might help me explain to you why the government has other responsibilities that aren't specifically mentioned in the U.S.C.

The airforce started off as a wing of the Navy. So it's covered there.
Quit being an airhead. If you can.

I'm not talking about then, I'm talking about now. It is now an independent branch of the Armed Forces. Go give your history lesson to somebody who cares. If you can't answer the question "Why is the Federal Government operating an Air Force when it is not authorised to do so by the constitution?" mind your own business.

This is a discussion board, moron. In case you missed that fact. When you post stupid shit expect to be called out on it.
The Constitution was set up on the principle of limited, enumerated powers of the federal government. A lot of what they do now violates that principle.

 

[rightwinger]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

You dont know what you're talking about. Youv'e never been in business. You never ran anything but your keyboard on this website.

What part of "unfettered" don't you understand?

 

[The Rabbi]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

You dont know what you're talking about. Youv'e never been in business. You never ran anything but your keyboard on this website.

What part of "unfettered" don't you understand?

All of it. That's why I posed the question in the OP, idiot.
What part of capitalism DO you understand? None of it.

 

[SwimExpert]

I never made those claims. Go post it up.

Right here:

There's no such thing as a free market.

Don't blame me for your own statements amounting to stupidity, leading to getting yourself called out. Get informed and come back when you're smarter.

 

[rightwinger]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

You dont know what you're talking about. Youv'e never been in business. You never ran anything but your keyboard on this website.

What part of "unfettered" don't you understand?

All of it. That's why I posed the question in the OP, idiot.
What part of capitalism DO you understand? None of it.

You obviously don't appreciate my example of free enterprise. What part of unfettered capitalism and survival of the fittest don't you support?

Turning liberal on us?

unfettered

If you describe something as unfettered, you mean that it is not controlled or limited by anyone or anything.
FORMAL adj ADJ n, v-link ADJ, ADJ after v
...unfettered free trade..., Unfettered by the bounds of reality, my imagination flourished., ...city slums, where drug traffickers reign virtually unfettered.

 

[bripat9643]

Pure capitalism depends on government's responsibility to maintain and enforce property law. So it very much takes that 'into account'. But it does reject government's authority to dictate our economic decisions. Is that what you're referring to?

No, I'm referring to our government's responsibility to keep our free markets free of corruption and protection of the health and safety of the public; specifically full disclosure of investor information so it's available to not just to the wealthy and power but all Americans, banking regulations that guarantee the safety of deposits, product regulations particularly health and safety that insure that the food we eat and our medicines are safe, and protection of our most precious resources, the air we breath and water we drink.

The government has no such responsibilities. Check the Constitution. You won't see them mentioned.

You really need to go find a copy of "The U.S. Constitution for Dummies". The only crime defined by the Constitution is treason.
Using your thought process everything else should be legal? Really, that's the way I, and I'm sure everyone else understands your statement. By the way, Article 1, Section 8 of the U.S.C. provides for an Army and Navy, no mention of an Air Force. Does that make having an Air Force unconstitutional.

Where did I mention crime? I responded to a post that claim a vast list of things was the responsibility of the federal government. That's obvious bullshit because all the responsibilities of the federal government are listed in the Constitution. Making sure our medicines are safe isn't one of them.

The Constitution is designed primarily to protect the people of this nation.

Yep, it's designed to protect them from government, not from themselves.

 

[The Rabbi]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

You dont know what you're talking about. Youv'e never been in business. You never ran anything but your keyboard on this website.

What part of "unfettered" don't you understand?

All of it. That's why I posed the question in the OP, idiot.
What part of capitalism DO you understand? None of it.

You obviously don't appreciate my example of free enterprise. What part of unfettered capitalism and survival of the fittest don't you support?

Turning liberal on us?

unfettered

If you describe something as unfettered, you mean that it is not controlled or limited by anyone or anything.
FORMAL adj ADJ n, v-link ADJ, ADJ after v
...unfettered free trade..., Unfettered by the bounds of reality, my imagination flourished., ...city slums, where drug traffickers reign virtually unfettered.

There was no "example of free enterprise." There was a fantasy created by someone who doesnt have a clue.

 

[bripat9643]

Capitalists want government out of their lives except where they need them

Protect patents, enforce unfair competition laws, defend their interests abroad...

Pesky things like labor and environmental laws and they complain about the nanny state

Who cares what capitalists want? Capitalists want everyone else to compete, not themselves. Capitalists who oppose capitalism are a dime a dozen.

 

[rightwinger]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

You dont know what you're talking about. Youv'e never been in business. You never ran anything but your keyboard on this website.

What part of "unfettered" don't you understand?

All of it. That's why I posed the question in the OP, idiot.
What part of capitalism DO you understand? None of it.

You obviously don't appreciate my example of free enterprise. What part of unfettered capitalism and survival of the fittest don't you support?

Turning liberal on us?

unfettered

If you describe something as unfettered, you mean that it is not controlled or limited by anyone or anything.
FORMAL adj ADJ n, v-link ADJ, ADJ after v
...unfettered free trade..., Unfettered by the bounds of reality, my imagination flourished., ...city slums, where drug traffickers reign virtually unfettered.

There was no "example of free enterprise." There was a fantasy created by someone who doesnt have a clue.

What in what I posted is not an example of unfettered capitalism?

Just a business acting in its own best interests

 

[Searcher44]

P.s. Thanks for discussing your constitution with a Canadian (or didn't you notice). When I told Rabbi to mind his own business he could have said "No, you mind your own fucking business Can-knuckle head!) instead of his actual bullshit reply.

Gotta run.

 

[Wry Catcher]

I recall a neighbor telling me about their neighbors who bought into the lies of getting a loan and even today banksters were telling these people what they could and could not purchase right down to buying toilet paper. I kind of believe her story about her neighbors and the people she knew that lost out back in the 80's. Their loss was actually the entire nation's loss of liberty and freedom of choice.

That isn't capitalism, idiot.

Sure it is. That is the New Age capitIslam. Anything for a buck, paperwork, lobbyist, special interest and salespeople. Where have you been for the past fifty years? Or were you even born yet?

You're full of shit and don't even know what capitalism is. Now it's new age capitalism? You socialist fucks can't handle the truth.

First define Capitalism, then explain the purpose of the question asked in the OP?

Clearly it is a loaded question, and an attack on Pope Francis for his comment. A comment which any thinking person of even average intelligence understands as a loaded question

["Loaded questions are a type of logical fallacy, a faulty course of reasoning. In the case of loaded questions, the interrogator's logic is flawed when he or she poses a question that is grounded in something that is speculative at best or patently untrue]

Example: Where are the Unicorns?

Loaded Question: Definition & Examples - Video & Lesson Transcript | Study.com

000​

Caveat emptor...

["Legal Definition. n. Latin. Let the buyer beware. The legal principle that, unless the quality of a product is guaranteed in a warranty, the buyer purchases the product as it is and cannot hold another liable for any defects"]

...protects the wolf from the sheep.

Without external regulation the harm done by greed / negligence will become enormous, and would include unsafe food, air and water; usury, fraud and larceny on a grander scale then even during the gilded age.

Thus, Pope Francis' comment is justified, as the hyperbole in its assertion (unfettered) which brings forth a sometimes rational discussion on the need for government to put a flash light on the practices of government and industry and to make rules when the public safety so requires.

See the Adam Smith quote above in re merchants, post 414

 

[bripat9643]

Unfettered Capitalism

You own a small business and develop a new gizmo that exceeds all gizmos in existence
Your main competitor is a Mega Corporation that offers you twenty five percent of what your gizmo is worth. When you refuse, they go to your suppliers and tell them that if they provide you with the critical resources you need to build your gizmo, they can no longer do business with Mega Corporation

You eventually go out of business and Mega Corporation takes your design for next to nothing

Unfettered Capitalism at its finest

Any supplier that does business with you will become fabulously successful, so why do you think they would all go along with some corporate attempt to bully them? How would this corporation even know who your customers are? Customer lists are corporate secretes. You would no that if you every developed Business Intelligence software.

Your scenario occurs only in leftwing La-La land. Many people have developed "gizmos" that exceed all gizmos in existence and made fortunes off of them. The telephone is one example.

 

[Iceweasel]

I never made those claims. Go post it up.

Right here:

There's no such thing as a free market.

Don't blame me for your own statements amounting to stupidity, leading to getting yourself called out. Get informed and come back when you're smarter.

Go fuck yourself you smug prick. What I said is true, you can't twist it into whatever you want. No market is totally free, that's anarchy and exists no where except a Mad Max movie. I made that point clear since day one.

Dumb fuck!

 

[Iceweasel]

Without external regulation the harm done by greed / negligence will become enormous, and would include unsafe food, air and water; usury, fraud and larceny on a grander scale then even during the gilded age.

I've explained in simple terms to you for days now that capitalism and anarchy do not mean the same thing. Go suck the swimmer's dick because that's about all you guys are good for.

 

[SwimExpert]

Go fuck yourself you smug prick.....Dumb fuck!

Game, set, match.