World Sees Capitalism As A Failure

Discussion in 'Economy' started by Dr Grump, Nov 8, 2009.

  1. Dr Grump
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    Dr Grump Gold Member

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  2. KittenKoder
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    KittenKoder Senior Member

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    Not one person alive has actually seen true Capitalism in effect anywhere in the world ... except the primitive tribes in the middle of nowhere.
     
  3. Dr Grump
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    Dr Grump Gold Member

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    Most economies have varying degrees of both socialism and capitalism.....some more extreme than others...
     
  4. KittenKoder
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    KittenKoder Senior Member

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    Aaah ... perhaps small amounts of capitalism, but not much, and almost no capitalism in the US. ;)
     
  5. mascale
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    mascale VIP Member

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    It is recently shown that when the rich get richer, and the poor get poorer--unable to repay the mortgages--then economies worldwide, even, fail.

    Like the Soviet Union, Bags of Crap who support the computing in the Laws of other nations--than those--intend killing of human creatures worldwide. The Laws of Nations allow that a fixed percentage be used to compute savings incomes, dividend incomes, investment incomes, profit incomes, COLA raises, and pay raises generally.

    Clearly, the rich get richer, and the poor get poorer.

    That doesn't work, and so any supportive intend killing even of any created offspring.

    That is what Love is, on the planet, supportive of law like that.

    Little kids should be told.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Mostly, of course, anyone knows in the current bail-outs crisis--that the poor actually brought that on themselves. The bailed-out are not poor, or colored, for that matter, in the United States. That is the law, of our blessings of freedom!)
     
  6. Diuretic
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    Diuretic Permanently confused

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    Free-market capitalism has possibly had its day. But then pure socialism isn't really a good model to aim for. Easy for me to say but it's probably time we started taking control of our economies and making them work for us with some sort of planned - but not command - approach mixed in with the virtues of the market.
     
  7. JW Frogen
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    JW Frogen Gold Member

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    We have all just had a little scare, but some day the age of funny money, credit and captial that is really not there, will pop, and then we will see a real global economic crises.

    Every IOU comes due.

    And usually it is a guy named Lou ready to break your legs comming to collect.
     
  8. editec
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    editec Mr. Forgot-it-All

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    Of course faith in our ecoomic system is sinking.

    People are suffering from the excesses of the masters of this system, and they're quite rightly pissed.

    The objection, that this is NOT capitalism, this is corruption pretending to be capitalism, has some merit.

    But if we look at the system it's more capitalistic than anything else.

    It is still an economic system based on private property rights which is the foundation upon which capitalism rests.
     
  9. Diuretic
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    Diuretic Permanently confused

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    And it would be foolish to even think about destroying private property rights. But that could also be because the Marxist definition of capitalism refers to the infrastructure in society, not just ownership of private means of produciton but control of the social infrastructure. A modified approach to the ownership of the means of production from private to social may well be beneficial for us in future. But as in many things it pays to take baby steps. Just one reason I'm against revolution and in favour of evolution.
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    With Obama and other European Socialists at the helm of the ship of state, people are grabbing their life vests. It makes perfect sense that people see Capitalism as a failure: they blame the ship for the Captains mistakes
     

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