Capitalism is NOT Democratic: Democracy is NOT Capitalist

[georgephillip]

If you don't like my reply, don't insinuate I'm a racist. Pretty simple.

Even simpler: if you support private tyrannies based on white supremacy you are a racist and worse.

 

[bripat9643]

Oligarchs are private tyrants who corrupt government and virtually everything else they touch in spite of what their far-right libertarian apologists promote:

Inside the Koch Brothers' Toxic Empire

Politicians are the ones who take bribes and "distort the market."

How is a wealth person a "tyrant." He can't legally shoot anyone. Politicians can .

 

[bripat9643]

Even simpler: if you support private tyrannies based on white supremacy you are a racist and worse.

Where has he ever done that?

 

[bripat9643]

Friedman also believed one person-one vote distorted markets, and he vastly preferred the latter:

The End of Friedmanomics

"All of which makes a contemporary reading of Friedman’s Cape Town lectures a harrowing experience.

"His first speech was an unremitting diatribe against political democracy—an explicit rejection of, in Friedman’s words, 'one person, one vote,' delivered to a nation in which more than half of the population was disenfranchised by race.

"Voting, Friedman declared, was inescapably corrupt, a distorted “market” in which “special interests” inevitably dictated the course of public life. Most voters were 'ill-informed.'"

What's "harrowing" about the truth?

 

[georgephillip]

That's what capitalism does, moron. That's what he meant.

What did Friedman's version of capitalism do to Chile, Rube?

 

[georgephillip]

What you mean by it is organized plunder.

Plundering the poor: the role of the World Bank in the Third World - PubMed

"The World Bank, the most important so-called development assistance agency, annually dispenses billions of dollars to Third World governments, ostensibly to 'develop' their economics through a variety of loan projects.

"But even a superficial analysis reveals that the Bank is the perfect mechanism to help (i.e., subsidize) the large transnational corporations from the industrial countries to expand their industrial, commercial, and financial activities in the Third World, at the expense of the latter and particularly at the expense of the rural and urban proletariat."

 

[georgephillip]

China

But that does not mean a military invasion

China has many ways to enslave weaker foreign countries

Like what?

How many are as effective as the World Bank?

Poverty crisis in the Third World: the contradictions of World Bank policy - PubMed

"Politicians, the mainstream media, and orthodox social science have all been telling us of a final victory of capitalism over socialism, suggesting that capitalism is the only viable option for solving the world's problems.

"Yet, the global capitalist system is itself entering the third decade of a profound structural crisis, the costs of which have been borne largely by the exploited and oppressed peoples of the underdeveloped periphery."

 

[Toddsterpatriot]

What did Friedman's version of capitalism do to Chile, Rube?

Gave Chile the strongest economy in South America.

 

[Toddsterpatriot]

Plundering the poor: the role of the World Bank in the Third World - PubMed

"The World Bank, the most important so-called development assistance agency, annually dispenses billions of dollars to Third World governments, ostensibly to 'develop' their economics through a variety of loan projects.

"But even a superficial analysis reveals that the Bank is the perfect mechanism to help (i.e., subsidize) the large transnational corporations from the industrial countries to expand their industrial, commercial, and financial activities in the Third World, at the expense of the latter and particularly at the expense of the rural and urban proletariat."

That's the last thing the Third World needs; industrial, commercial, and financial activities.

 

[Flopper]

Name a place socialism works?

also, what’s your issue with capitalism?

Socialism does not work without capitalism just a capitalisms does work without socialism. The two countries that are the most socialist are Cuba and North Korea which are both pretty crappy places to live. Somalia when it was under the control of pirates and war lords was a near pure example capitalism free to operate without interference. Again, a pretty crappy place to live.

 

[jc456]

Socialism does not work without capitalism just a capitalisms does work without socialism. The two countries that are the most socialist are Cuba and North Korea which are both pretty crappy places to live. Somalia when it was under the control of pirates and war lords was a near pure example capitalism free to operate without interference. Again, a pretty crappy place to live.

And don’t work! Isolationists

 

[Toddsterpatriot]

Socialism does not work without capitalism just a capitalisms does work without socialism. The two countries that are the most socialist are Cuba and North Korea which are both pretty crappy places to live. Somalia when it was under the control of pirates and war lords was a near pure example capitalism free to operate without interference. Again, a pretty crappy place to live.

Why would you conflate a kleptocracy with pure capitalism?

 

[georgephillip]

It doesent

The US military has killed millions of innocent civilians on the opposite side of the planet since 1945.
Can you name another country whose record compares to that?

 

[jc456]

The US military has killed millions of innocent civilians on the opposite side of the planet since 1945.
Can you name another country whose record compares to that?

Russia? China? Germany? India? You’re a stupid idiot

 

[georgephillip]

Of course not. They only bail out their buddies. That's now "free shit" government works.

Government bailed out its wealthy donor class which is always how the "best government money can buy" can be expected to behave. The solution is to get money out of politics and not to shrink government.

How the Supreme Court and the morbidly rich are ruining democracy in America

"In 1976, for the first time in America’s history, five conservatives on the U.S. Supreme Court ruled that rich people owning their own personal politicians was constitutionally protected because the money they were using to buy legislators and legislation was 'free speech.'

"The case was Buckley v. Valeo.

"In 1978, SCOTUS extended that logic to corporations in First National Bank of Boston v. Bellotti."

 

[georgephillip]

The left denies it now, but starting as early as the clinton presidency great pressure was put on lenders to make risky loans on poor neighborhoods

Except it was money chasing people in those poor neighborhoods not the other way around:

Bill Black Pt 3/9 - The Best Way to Rob a Bank is to Own One

"The weak, the meek, and the ignorant are our best targets.'

"Those are the words they put on paper to describe those folks.

"So, that has meant that the quintessential victim, if you wanted a single face, that face would be of an elderly black woman. That’s the quintessential victim of predation in the financial sphere."

 

[georgephillip]

Liberals pushed their favorite minority into situations that were over their heads snd sure to fail

"New Democrats" like Bill Clinton were never liberal, and they were pushed by their new best friends on Wall Street to deceive poor people (Latinx and Black) into massively overpaying for homes and interest rates that would never apply to normal (white) people under market rates. All the fraud was coming from lenders, not buyers.

 

[georgephillip]

Citing some commie "economist" doesn't support your case

Michael Hudson (economist) - Wikipedia

"Hudson graduated from the University of Chicago (BA, 1959) and New York University (MA, 1965, PhD, 1968) and worked as a balance of payments economist in Chase Manhattan Bank (1964–1968). He was assistant professor of economics at the New School for Social Research (1969–1972) and worked for various governmental and non-governmental organizations as an economic consultant (1980s–1990s)."

 

[georgephillip]

Of course. It was all someone else's fault.

 

[georgephillip]

So what?

I'll repeat this, since you either didn't understand it, or didn't read it:

Learn to read, Retard..

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