Iceweasel
Diamond Member
Prove that you're a thinking person and respond to my question.
Do Federal/State/Local Governments Create Jobs?
- Thread starter Lakhota
- Start date
Iceweasel
Diamond Member
What the **** is pure unfettered capitalism?
Iceweasel
Diamond Member
How would it be unfettered since you'd need a set of laws to operate?
Lakhota
Diamond Member
- Thread starter
- #426
How Capitalism Is Dismembering America
If there's any way capitalism can work, it has to be regulated. Otherwise greed takes over.
Too many Americans are unaware of the extreme disparities that have been caused by the unregulated profit incentive of capitalism. Our winner-take-all system is flailing away at once-healthy parts of society, leaving them like withered limbs on a trembling body, even as the relative few who benefit promote the illusion of opportunity and prosperity for all. Concerned citizens armed with facts are not fooled. Instead, the more they learn the angrier they get. And as in revolutions of the past, discontent leads to change.
Much More: How Capitalism Is Dismembering America Alternet
Pure, unfettered capitalism cannot survive.
If there's any way capitalism can work, it has to be regulated. Otherwise greed takes over.
Too many Americans are unaware of the extreme disparities that have been caused by the unregulated profit incentive of capitalism. Our winner-take-all system is flailing away at once-healthy parts of society, leaving them like withered limbs on a trembling body, even as the relative few who benefit promote the illusion of opportunity and prosperity for all. Concerned citizens armed with facts are not fooled. Instead, the more they learn the angrier they get. And as in revolutions of the past, discontent leads to change.
Much More: How Capitalism Is Dismembering America Alternet
Pure, unfettered capitalism cannot survive.
Harry Dresden
Only Adamantium Member
If there's any way capitalism can work, it has to be regulated. Otherwise greed takes over.
i agree with that statement........lots of greedy ***** out there who dont care who or what they **** over to make a buck.......
Iceweasel
Diamond Member
You're talking in circles. How could it be unfettered in order to operate?
And you're not answering my question. What would happen to the economy if the government took it all over?
Lakhota
Diamond Member
- Thread starter
- #430
Total Capitalism by Colin Leys
For a public service to be transformed into a market, several requirements need to be met. First, the service must be reconfigured into a series of discrete elements that can be priced and sold -- in a word, it must be transformed into a set of commodities. Instead of hospital care we have hundreds of treatments, or "finished consultant episodes," all priced according to their varying costs, and billed for. Second, people must be induced to want to buy the service out of their own pockets, normally by cutting the funding for non-market provision, so that its quality and accessibility decline until people are ready to pay for a market-provided alternative. Third, the workforce involved in providing the service must be transformed from one working for collective aims, with a public service ethic, to one working to produce profits for owners of capital and subject to market discipline (typically involving less job security and more hierarchy). Fourth, the risk involved for the private corporations taking over the services must be underwritten by the state, at great public expense (anyone who thinks that the opposite is true, and that the risk is being transferred to the private sector, as proponents of PPPs claim, should take a look at the empirical evidence from a growing number of countries and sectors which shows just how erroneous that claim is).
Much More: Colin Leys: Total Capitalism
Pure, unfettered capitalism cannot survive.
For a public service to be transformed into a market, several requirements need to be met. First, the service must be reconfigured into a series of discrete elements that can be priced and sold -- in a word, it must be transformed into a set of commodities. Instead of hospital care we have hundreds of treatments, or "finished consultant episodes," all priced according to their varying costs, and billed for. Second, people must be induced to want to buy the service out of their own pockets, normally by cutting the funding for non-market provision, so that its quality and accessibility decline until people are ready to pay for a market-provided alternative. Third, the workforce involved in providing the service must be transformed from one working for collective aims, with a public service ethic, to one working to produce profits for owners of capital and subject to market discipline (typically involving less job security and more hierarchy). Fourth, the risk involved for the private corporations taking over the services must be underwritten by the state, at great public expense (anyone who thinks that the opposite is true, and that the risk is being transferred to the private sector, as proponents of PPPs claim, should take a look at the empirical evidence from a growing number of countries and sectors which shows just how erroneous that claim is).
Much More: Colin Leys: Total Capitalism
Pure, unfettered capitalism cannot survive.
Lakhota
Diamond Member
- Thread starter
- #432
The dream of contemporary capitalism is that everything should become a terrain of profitable enterprise, including most of what has been seen hitherto as the business of government.
Like total war, total capitalism demands the subordination of everything to a single goal - national competitiveness, as defined by trans-national corporate elites. The result is a dramatic erosion of democracy, social cohesion and honesty in public life.
More: TOTAL CAPITALISM
Pure, unfettered (no government) capitalism cannot survive.
Like total war, total capitalism demands the subordination of everything to a single goal - national competitiveness, as defined by trans-national corporate elites. The result is a dramatic erosion of democracy, social cohesion and honesty in public life.
More: TOTAL CAPITALISM
Pure, unfettered (no government) capitalism cannot survive.
Iceweasel
Diamond Member
They wouldn't be unfettered since there would need to be an agreement on money, payments, collections, property, etc. So there can't be any such thing as unfettered capitalism. Or pure, whatever that was supposed to mean.
There is an important distinction here between corporate and capitalism. Capitalism is free market, capitalism just means economic freedom.
Corporate is a structure. Government restricting a market then picking a corporate winner is in no way capitalism. It is often called crony capitalism, but that is a misnomer. It's socialism, which is central planning.
So, for what Ice Weasel is referring to to work, it would require competition and accountability, as he stated. Corporations under government wings will not lead to a better than government solution. Picture cable companies, utilities or the post office where government picks the winner and restricts the market on their behalf.
Seriously, why would you possibly claim to have an MBA? DId it make sense at the time? What a classic blunder for someone who knows zero about markets to claim to be an expert in them.
Iceweasel
Diamond Member
I'm a capitalist and don't have that dream. Nor the hundreds I personally know. The author is full of shit.
If you are referring to anarchy, neither of us are anarchists. If you are not referring to anarchy, then it's just more anti-capitalist marxist propaganda, Karl.
Here are the functions that only government can do:
What is a small government libertarian US Message Board - Political Discussion Forum
Iceweasel
Diamond Member
Iceweasel
Diamond Member
It was in part a response to your question about the private sector taking over everything. I'd much rather have that than the other way around. You don't even want to go there.
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