Capitalism is NOT Democratic: Democracy is NOT Capitalist

[San Souci]

https://projects.iq.harvard.edu/fil...-_is_capitalism_compatible_with_democracy.pdf

"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners.

"Capitalism is not democratic, democracy not capitalist.

"During the first postwar decades, tensions between the two were moderated through the socio-political embedding of capitalism by an interventionist tax and welfare state.

"Yet, the financialization of capitalism since the 1980s has broken the precarious capitalist-democratic compromise."

Reagan's tax cuts facilitated low interest rates and financial bubbles to promote US financial expansion by making real estate speculation and junk-bond corporate takeovers effectively exempt from income taxation.

This set in motion a chain-reaction of asset price inflation that is still polarizing this economy today.

The primary mode of accumulation has become financial, enabling investment bankers to replace government planners.

Clue--the USA was NEVER a Democracy. It is a Representative Republic.

 

[georgephillip]

The US has been involved in wars where civilians died

But few of them were killed by the US military

And certainly not millions

Millions of civilians have been killed by the US military since 1945 from Korea to Vietnam to Laos to Cambodia and on to Iraq and Afghanistan, and Africa is likely to surpass them all unless revolutionary change comes to this country.

It is entirely possible the US dollar depends for its global reserve currency status on the mass murder and displacement of millions of human beings today.

https://www.washingtonpost.com/opin...merican-wars/2011/12/05/gIQALCO4eP_story.html

"The major wars the United States has fought since the surrender of Japan in 1945 — in Korea, Indochina, Iraq and Afghanistan — have produced colossal carnage.

"For most of them, we do not have an accurate sense of how many people died, but a conservative estimate is at least 6 million civilians and soldiers.

 

[georgephillip]

Libs were pissin’ their pants to have more home loans in poor neighborhoods

Loans to qualified buyers who were denied on the basis of their race/zip code. Libs never endorsed liars loans or inflated appraisal prices for property. That was all on the lender side of the transactions.

Serie: Bill Black Series

 

[georgephillip]

George Bush was a poor excuse for a conservative but we elected him and are stuck with his legacy

That applies to libs and Bill Clinton too

There's no way to vote against Goldman Sachs by "choosing" between Republican or Democrat.

 

[georgephillip]

You didn't address my point: If socialism is so superior, then why should socialist nations care if capitalist nations embargo them?

Because capitalists control the global reserve currency.

 

[georgephillip]

The Korean war, nimrod. You do know that North Korea overan almost the entire peninsula before NATO came to SK's aid, don't you?

Did you know a majority of Koreans on that peninsula welcomed the NK invasion five years after the US army refused to allow free elections on that peninsula?

 

[Toddsterpatriot]

Because capitalists control the global reserve currency.

Poor socialists, can't come up with a currency that other countries want to use.

 

[Mac-7]

China is not sending its military half-way around the globe to maim, murder, and displace millions of innocent civilians unlike the US capitalists.

Neither is America

We use our power for the benefit of all freedom loving people

When china is the global power it is working toward you will see what a true murderer looks like

 

[georgephillip]

Why do you ask questions which deliberately misconstrue the topic?

Or are you actually just that confused? It's like points and arguments just bounce off and you pull another meme out of your grab bag.

I responded to your claim: "Crony-capitalism the the core of corporatism."

You provided this link: Corporatism - Wikipedia

I quoted YOUR LINK:

"Corporatism is not government corruption in politics or the use of bribery by corporate interest groups"

How is corporatism simultaneously crony-capitalism AND not government corruption in politics?

 

[bripat9643]

Because capitalists control the global reserve currency.

So? Why don't these "superior" socialist economies control the global reserve currency? Why do they even care what the reserve currency is? That's a feature of capitalism, isn't it?

 

[bripat9643]

Did you know a majority of Koreans on that peninsula welcomed the NK invasion five years after the US army refused to allow free elections on that peninsula?

Did they? Can you prove that? the only free elections proposed were in South Korea, not North Korea. Right there, it's hardly Democratic.

 

[bripat9643]

There's no way to vote against Goldman Sachs by "choosing" between Republican or Democrat.

You can vote socialist.

 

[Mac-7]

Did you know a majority of Koreans on that peninsula welcomed the NK invasion five years after the US army refused to allow free elections on that peninsula?

I know thats a damn lie

The communists refused to hold elections that could be monitored by the UN

 

[Mac-7]

Did they? Can you prove that? the only free elections proposed were in South Korea, not North Korea. Right there, it's hardly Democratic.

Why do these twisted liberals insist on hating America and telling lies for communist countries?

 

[Mac-7]

Millions of civilians have been killed by the US military since 1945 from Korea to Vietnam to Laos to Cambodia and on to Iraq and Afghanistan, and Africa is likely to surpass them all unless revolutionary change comes to this country.

You mean millions of communist fighters with civilians caught in the crossfire

Not to mention the batshit crazy muslim terrorists

 

[bripat9643]

Loans to qualified buyers who were denied on the basis of their race/zip code. Libs never endorsed liars loans or inflated appraisal prices for property. That was all on the lender side of the transactions.

Serie: Bill Black Series

That's a myth I often see progs spouting.. What's the evidence for it?

Liberals are the ones who invented liar loans, moron.

 

[georgephillip]

Is that how we beat the USSR?

Life expectancy of Russian men falls to 58

www.ncbi.nlm.nih.gov

 

[georgephillip]

Philip Agre sounds like a whiney twat, friend of yours?

"Q: What is conservatism?
A: Conservatism is the domination of society by an aristocracy.
Q: What is wrong with conservatism?"

 

[Mac-7]

Loans to qualified buyers who were denied on the basis of their race/zip code.

Thats not correct

As everyone found out when unqualified minorities defaulted on their morgages

 

[Toddsterpatriot]

"Q: What is conservatism?
A: Conservatism is the domination of society by an aristocracy.
Q: What is wrong with conservatism?"

He sounds like a stupid whiney twat. I see why you like him.