I agree, but it's the equally important "fettering" part of the equation.Sorry, I have to disagree with that. There's nothing capitalist about the EPA.
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I agree, but it's the equally important "fettering" part of the equation.Sorry, I have to disagree with that. There's nothing capitalist about the EPA.
It's way too big but that's a different matter. How is it to the capitalist's best interest to let a company move in a turn the lake or water supply into a cesspool?Sorry, I have to disagree with that. There's nothing capitalist about the EPA.Nixon started the EPA. There's nothing uncapitalistic about it. We all enjoy a healthier environment. Customers live longer and spend more in a healthy market too.We enjoy clear skies and clean water because of regulations
Our workers have rights and get paid better then china, india or some other shit hole because of minimum wage and unions.
Our quality is higher because of standards
Our food, medication and other products are safe because of the fda, cdc, etc.
Anti-trust laws make sure huge corps don't crowd out the entire industry...
All this is needed to regulate capitalism..Anyone that says that capitalism is self regulating is without the slightest clue of what they're talking about. You think capitalism cared about its workers in China??? Or in 1890's America? People come after money in capitalism.
"Unfettered capitalism" doesn't exist. That's called anarchy.I agree, but it's the equally important "fettering" part of the equation.Sorry, I have to disagree with that. There's nothing capitalist about the EPA.
I agree, but it's the equally important "fettering" part of the equation.Sorry, I have to disagree with that. There's nothing capitalist about the EPA.
The tort process won't work if the government refuses to do its job and prosecute crimes. When judges are bought and paid for you can't just go sue the person, company or people that damaged you. It sounds all nice but it does not work that away.What if there's no one else to buy or get services from because unfettered(unregulated) capitalism has driven out all the competition? There's also the matter of pollution and unsafe working conditions. Unfettered capitalism considers worrying about them to be unproductive and therefore ignores their effects.Capitalism is a self regulating system. Charge too much, someone will undercut you. Deliver bad goods/services? People will stop buying. Cheat someone? Expect a big lawsuit.The problems that people cite with "capitalism" usually are the result of lack of capitalism, i.e. gov't intrusion. Capitalism has raised standards of living and brought people out of poverty. Why would anyone want to fetter that?
There has never been a monopoly in the history of capitalism that wasn't legally enforced. Unsafe working conditions have been resolved by lawsuits. The record shows that the creation of OSHA has zero affect on the reduction in workplace accidents and illnesses.
Pollution issues can be resolved through the tort process.
It's easy to complain that torts can fix the system, but the real truth is that unfettered capitalism will control everything including the courts. Who can sue, if you don't have the money and the cards are stacked against you?There has never been a monopoly in the history of capitalism that wasn't legally enforced. Unsafe working conditions have been resolved by lawsuits. The record shows that the creation of OSHA has zero affect on the reduction in workplace accidents and illnesses. Pollution issues can be resolved through the tort process.
The tort process won't work if the government refuses to do its job and prosecute crimes. When judges are bought and paid for you can't just go sue the person, company or people that damaged you. It sounds all nice but it does not work that away.What if there's no one else to buy or get services from because unfettered(unregulated) capitalism has driven out all the competition? There's also the matter of pollution and unsafe working conditions. Unfettered capitalism considers worrying about them to be unproductive and therefore ignores their effects.Capitalism is a self regulating system. Charge too much, someone will undercut you. Deliver bad goods/services? People will stop buying. Cheat someone? Expect a big lawsuit.The problems that people cite with "capitalism" usually are the result of lack of capitalism, i.e. gov't intrusion. Capitalism has raised standards of living and brought people out of poverty. Why would anyone want to fetter that?
There has never been a monopoly in the history of capitalism that wasn't legally enforced. Unsafe working conditions have been resolved by lawsuits. The record shows that the creation of OSHA has zero affect on the reduction in workplace accidents and illnesses.
Pollution issues can be resolved through the tort process.
It's easy to complain that torts can fix the system, but the real truth is that unfettered capitalism will control everything including the courts. Who can sue, if you don't have the money and the cards are stacked against you?There has never been a monopoly in the history of capitalism that wasn't legally enforced. Unsafe working conditions have been resolved by lawsuits. The record shows that the creation of OSHA has zero affect on the reduction in workplace accidents and illnesses. Pollution issues can be resolved through the tort process.
Now that Amazon is killing Walmart, I wonder how many of the Waltons are still happy with capitalism?
Is that a quote from a Mad Max movie?Unfettered capitalism is a natural human state.
Thanks for taking a break from your crack pipe and filling us in, Oh Seer of Future Days.The capitalism might have worked (in an extremely 'impure' form) for a while, but it's not a sustainable system. There is no endless growth, there are no endless resources. We are killing the planet by over-consuming cheap nasty crap that ends up sooner or later as trash. We need to go back to quality over quantity and more local/production/consumption. Luxuries should really be luxuries and necessities necessities ... I see it already happening. Development is headed that way. Plus governmental intervention is extremely important - it's in fact the people/citizens - making sure that the water is drinkable and the air is breathable - that all of the necessities and resources are not destroyed in the blind race after profit as has been done and is being done by unscrupulous corporations.
Capitalism is soon going to give way to some other system. It has to, our survival on this planet actually depends on it.
If 'what's mine is mine and what's yours is yours' was quoted in that movie. Never saw it/them.Is that a quote from a Mad Max movie?Unfettered capitalism is a natural human state.
The capitalism they do practice is how they pay the bills. America votes with its' dollars. People don't want to pay for high priced union made goods if they have an option. That's a fact. Also over regulation is killing business. People think if you're in business you are wealthy and can afford to hand over more and more money to government.yes, they are yet we still buy inferior and dangerous goods from China and both countries suck up industrial jobs like a mop from more capitalist nations.China and India are communist/socialist countries, doofus.We see how self regulating it is by looking at China, India or 19th century America. Anyone that thinks it is self regulating knows nothing of what they're talking about.
Government and unions are needed for capitalism to be fair to the worker. One of the big reasons we did so good as a nation in the 40's into the 60's was because of this fact. Today? The rich have taken it all and moved operations to china.
If capitalism was self regulating, why are the communist/socialists countries being rewarded by it?
Capitalism is a self regulating system. Charge too much, someone will undercut you. Deliver bad goods/services? People will stop buying. Cheat someone? Expect a big lawsuit.
The problems that people cite with "capitalism" usually are the result of lack of capitalism, i.e. gov't intrusion.
Capitalism has raised standards of living and brought people out of poverty. Why would anyone want to fetter that?