Capitalism is NOT Democratic: Democracy is NOT Capitalist

[bripat9643]

So now Wall Street banks and corporations steal your homes, savings, and pensions?

Is that your idea of

"William McKinley ran for president on the basis of the gold standard."

Gold standard - Wikipedia

How do they steal your homes, savings, and pensions? We know beyond all doubt that the government steals our homes, savings, and pensions.

 

[georgephillip]

The Soviet Union was better than Enron? DURR

Less corrupt?

 

[bripat9643]

What's capital's conception of liberty?

Libertarian socialism - Wikipedia

"Libertarian socialism is anti-capitalist and can be distinguished from capitalist and right-libertarian principles which concentrate economic power in the hands of those who own the most capital."

The term "libertarian socialism" is an oxymoron. You aren't free when government controls your livelihood.

 

[bripat9643]

Less corrupt?

Enron didn't do anything wrong. All the charges were thrown out by higher courts.

 

[Toddsterpatriot]

Less corrupt?

Enron murdered tens of millions fewer Russians than the Soviet Union.

 

[georgephillip]

Are you jealous?

Jealous of greedy whores?

New President Good News For Argentina And Latin America

 

[georgephillip]

The type you were whining about in post #1977.

The type that transfers wealth from the 1% to the 99%.

 

[georgephillip]

Which, as always, in no way addresses or contradicts my post. You want everything subject to your sacred majority rule.

I want the economy to function for the benefit of a majority of its participants.
Do you see a way of accomplishing that without majority rule?

 

[georgephillip]

**** you and your phony questions. You know goddamned well which side, you're just playing more stupid agitprop games. You've turned out to be a real piece of shit troll.

 

[georgephillip]

They are not on the "state power" side of the wall.

If they (corporations) don't exist without state charter, how are they NOT on the "state power" side of a hypothetical wall between the state and the economy?

 

[Toddsterpatriot]

The type that transfers wealth from the 1% to the 99%.

You think deflation does that? How?

 

[Toddsterpatriot]

If they (corporations) don't exist without state charter, how are they NOT on the "state power" side of a hypothetical wall between the state and the economy?

What state powers does a corporation wield?

 

[dblack]

What's capital's conception of liberty?

Libertarian socialism - Wikipedia

"Libertarian socialism is anti-capitalist and can be distinguished from capitalist and right-libertarian principles which concentrate economic power in the hands of those who own the most capital."

Economic power is radically different than political power. I don't suppose you'll ever acknowledge that. And as long as you refuse to do that, I'll be unable to take you seriously.

 

[georgephillip]

Russia is going to pay all the debt it incurred to the USA during WW II?

Right after Standard Oil compensates Russia for the millions of dead civilians inflicted by Hitler's for-profit war machine:

https://www.voltairenet.org/IMG/pdf/Sutton_Wall_Street_and_Hitler.pdf

"The contribution made by American capitalism to German war preparations before 1940 can only be described as phenomenal.

"It was certainly crucial to German military capabilities.

"For instance, in 1934 Germany produced domestically only 300,000 tons of natural petroleum products and less than 800,000 tons of synthetic gasoline; the balance was imported.

"Yet, ten years later in World War II, after transfer of the Standard Oil of New Jersey hydrogenation patents and technology to I. G. Farben (used to produce synthetic gasoline from coal), Germany produced about 6 1/2 million tons of oil — of which 85 percent (5 1/2 million tons) was synthetic oil using the Standard Oil hydrogenation process."

 

[bripat9643]

Right after Standard Oil compensates Russia for the millions of dead civilians inflicted by Hitler's for-profit war machine:

https://www.voltairenet.org/IMG/pdf/Sutton_Wall_Street_and_Hitler.pdf

"The contribution made by American capitalism to German war preparations before 1940 can only be described as phenomenal.

"It was certainly crucial to German military capabilities.

"For instance, in 1934 Germany produced domestically only 300,000 tons of natural petroleum products and less than 800,000 tons of synthetic gasoline; the balance was imported.

"Yet, ten years later in World War II, after transfer of the Standard Oil of New Jersey hydrogenation patents and technology to I. G. Farben (used to produce synthetic gasoline from coal), Germany produced about 6 1/2 million tons of oil — of which 85 percent (5 1/2 million tons) was synthetic oil using the Standard Oil hydrogenation process."

Why should Standard Oil pay anything to Russian dictators?

 

[georgephillip]

Democracy kills itself. It's a self limiting disease. It's not a stable form of governmen

US two party, winner-take-all democracy is designed to fail, but that doesn't mean there are no alternatives aside from oligarchy:

In a struggle between oligarchy and democracy, something must give | Michael Hudson

"This problem would not exist if the United States had a European-style parliamentary system that would enable a third party to obtain space on the ballots in all 50 states.

"If this were Europe, the new party of Bernie Sanders, AOC et al. would exceed 50 percent of the votes, leaving the Wall Street democrats with about the same 8 percent share that similar neoliberal democratic parties have in Europe (e.g., Germany’s hapless neoliberalized Social Democrats), that is, Klobocop territory as voters moved to the left.

"The 'voting Democrats,' the 99 Percent, would win a majority leaving the Old Neoliberal Democrats in the dust."

Forward Party - Wikipedia

 

[bripat9643]

US two party, winner-take-all democracy is designed to fail, but that doesn't mean there are no alternatives aside from oligarchy:

In a struggle between oligarchy and democracy, something must give | Michael Hudson

"This problem would not exist if the United States had a European-style parliamentary system that would enable a third party to obtain space on the ballots in all 50 states.

"If this were Europe, the new party of Bernie Sanders, AOC et al. would exceed 50 percent of the votes, leaving the Wall Street democrats with about the same 8 percent share that similar neoliberal democratic parties have in Europe (e.g., Germany’s hapless neoliberalized Social Democrats), that is, Klobocop territory as voters moved to the left.

"The 'voting Democrats,' the 99 Percent, would win a majority leaving the Old Neoliberal Democrats in the dust."

Forward Party - Wikipedia

All democracies are designed to fail.

 

[georgephillip]

It tells you that a corporation is a private corporation. It isn't required to follow the "one share/one vote" model you propose.

Public vs private corporations?
Are you saying corporations exist that don't follow the "one share/one vote" principle?

Difference Between Public and Private Corporations

"Difference Between Public and Private Corporation​

"Both public and private companies must have:

• An annual meeting
• A board of directors
• A record of meetings
• A shareholder list in addition to their holdings

"However, there are some major differences in how a private company and a public company operate"

 

[dblack]

I want the economy to function for the benefit of a majority of its participants.

To hell with minorities. Majority rule for every. *******. thing!

Do you see a way of accomplishing that without majority rule?

I don't want to accomplish that.

 

[georgephillip]

Capitalism is capitalism. You either follow it or let the government run corporations.

Industrial capitalism seeks profits.
Finance capitalism seeks capital gains mainly in the form of higher land prices and for other rent-yielding assets, partially as a means of avoiding taxation.

"Rentier capitalism is a term currently used to describe the belief in economic practices of monopolization of access to any kind of property (physical, financial, intellectual, etc.) and gaining significant amounts of profit without contribution to society."

Rentier capitalism - Wikipedia