Theories on how to efficiently run an economy

[EdwardBaiamonte]

If only we could reduce capitalism to 2 free guys freely trading because it makes them both feel better

we can't only because libsocialists oppose capitalism. Do you understand now???

 

[phoenyx]

Is consumerism with planned obsolescence

My forth grade teacher told us that they had a light bulb that lasted forever. He apparently didn't know that capitalism is competitive. 1+1=2

Capitalism -can- be competitive. The problem is when you get monopolies, such as the Federal Reserve. In the case of the Federal Reserve, they are given the privilege of creating most of the money in the U.S. in the form of loans, and demanding that these loans be paid back, with interest. It's a swell system for the banking corporations that control the Federal Reserve, but it's lousy for everyone else.

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????

Sure. But first, did you see the documentary in the opening post of this thread?

 

[EdwardBaiamonte]

Here's an excerpt from a review of Naomi Klein's book "Disaster Capitalism"...

dear, this is place where we debate not where we post excerpts from stupid communists. make sense??

 

[EdwardBaiamonte]

Is consumerism with planned obsolescence

My forth grade teacher told us that they had a light bulb that lasted forever. He apparently didn't know that capitalism is competitive. 1+1=2

Capitalism -can- be competitive. The problem is when you get monopolies, such as the Federal Reserve. In the case of the Federal Reserve, they are given the privilege of creating most of the money in the U.S. in the form of loans, and demanding that these loans be paid back, with interest. It's a swell system for the banking corporations that control the Federal Reserve, but it's lousy for everyone else.

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????

Sure. But first, did you see the documentary in the opening post of this thread?

dear you have to make logical arguments not hope that others will argue for you. Do you understand?

 

[phoenyx]

If only we could reduce capitalism to 2 free guys freely trading because it makes them both feel better

we can't only because libsocialists oppose capitalism.

Did you actually read anything I wrote -after- I made that statement? You know, this part:
==The real world is not nearly as simple as that. Here's an excerpt from a review of Naomi Klein's book "Disaster Capitalism"...

**Those of us who imagine economists to be mild souls preoccupied with tedious abstractions are in for a shock from The Shock Doctrine: The Rise of Disaster Capitalism, Naomi Klein's stunning, polemic re-examination of the last 30-plus years in the history of free-market capitalism. If we bought the myth of corporate globalization as a benign and bloodless process, Klein has more jolts in store.

The Canadian Klein is a columnist for The Nation and The Guardian and a former fellow at the London School of Economics. Her work on this, her third book, began in 2004, when she spent time in Iraq reporting on the reconstruction process for Harper's magazine. Her research is massive, meticulously documented and laid out in fluid, accessible and intriguing stories.

Klein's indictment revolves around Milton Friedman, the Nobel Prize-winning guru of the University of Chicago School of Economics and the brains behind the movement for unregulated corporate trade, the elimination of public services and the eradication of organized labor.

Klein begins in the 1950s, the depths of the Cold War, when Friedman refined his theory of pure capitalism as a counter to the threat of communism and a radical alternative to the mixed checks-and-balances system that was installed under the influence of economist John Maynard Keynes to combat the Great Depression. Under Friedman's precise mathematical theorem, the only functions permitted for government are police and armies. Everything else should be privatized.

With eager financial support from corporate interests, Friedman's theories made the Chicago school the powerhouse of academic economics in the U.S. The search for a live test laboratory -- a nation to erase and re-create from scratch -- did not take long.

When Augusto Pinochet's military junta prepared for the takeover of Chile in 1973, Friedman's students handed him a complete plan of economic reform in advance. Friedman himself visited the new dictator, urging him to press even harder -- by dint of troops, tanks and death squads -- at selling state-owned property, utilities and services to American corporations. The plan also included eliminating public medical care, education and transportation; arresting, torturing and executing labor leaders, social workers, academics and other troublemakers; and throwing hundreds of thousands out of work. The aim was to shock the entire population into stunned acquiescence to the new corporate economic policies. The term in use was "shock therapy."

The effect was to impoverish the majority of the population while enriching those in power. International corporations, being on the plush end of the equation, were delighted. The Chicago Boys, as Friedman's students were known, were ready for similar actions in Argentina, southern Brazil, Bolivia and beyond. By the 1980s large segments of Africa and Asia also had submitted to Friedman's shock treatment...**

Emphasis on the last 2 paragraphs mine.

Read more at: Caution, 'Disaster Capitalism' at Work | Naomi Klein==

 

[phoenyx]

Is consumerism with planned obsolescence

My forth grade teacher told us that they had a light bulb that lasted forever. He apparently didn't know that capitalism is competitive. 1+1=2

Capitalism -can- be competitive. The problem is when you get monopolies, such as the Federal Reserve. In the case of the Federal Reserve, they are given the privilege of creating most of the money in the U.S. in the form of loans, and demanding that these loans be paid back, with interest. It's a swell system for the banking corporations that control the Federal Reserve, but it's lousy for everyone else.

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????

Sure. But first, did you see the documentary in the opening post of this thread?

dear you have to make logical arguments

You're not going to answer my question, are you -.-?

 

[EdwardBaiamonte]

If only we could reduce capitalism to 2 free guys freely trading because it makes them both feel better

we can't only because libsocialists oppose capitalism.

Did you actually read anything I wrote -after- I made that statement? You know, this part:
==The real world is not nearly as simple as that. Here's an excerpt from a review of Naomi Klein's book "Disaster Capitalism"...

**Those of us who imagine economists to be mild souls preoccupied with tedious abstractions are in for a shock from The Shock Doctrine: The Rise of Disaster Capitalism, Naomi Klein's stunning, polemic re-examination of the last 30-plus years in the history of free-market capitalism. If we bought the myth of corporate globalization as a benign and bloodless process, Klein has more jolts in store.

The Canadian Klein is a columnist for The Nation and The Guardian and a former fellow at the London School of Economics. Her work on this, her third book, began in 2004, when she spent time in Iraq reporting on the reconstruction process for Harper's magazine. Her research is massive, meticulously documented and laid out in fluid, accessible and intriguing stories.

Klein's indictment revolves around Milton Friedman, the Nobel Prize-winning guru of the University of Chicago School of Economics and the brains behind the movement for unregulated corporate trade, the elimination of public services and the eradication of organized labor.

Klein begins in the 1950s, the depths of the Cold War, when Friedman refined his theory of pure capitalism as a counter to the threat of communism and a radical alternative to the mixed checks-and-balances system that was installed under the influence of economist John Maynard Keynes to combat the Great Depression. Under Friedman's precise mathematical theorem, the only functions permitted for government are police and armies. Everything else should be privatized.

With eager financial support from corporate interests, Friedman's theories made the Chicago school the powerhouse of academic economics in the U.S. The search for a live test laboratory -- a nation to erase and re-create from scratch -- did not take long.

When Augusto Pinochet's military junta prepared for the takeover of Chile in 1973, Friedman's students handed him a complete plan of economic reform in advance. Friedman himself visited the new dictator, urging him to press even harder -- by dint of troops, tanks and death squads -- at selling state-owned property, utilities and services to American corporations. The plan also included eliminating public medical care, education and transportation; arresting, torturing and executing labor leaders, social workers, academics and other troublemakers; and throwing hundreds of thousands out of work. The aim was to shock the entire population into stunned acquiescence to the new corporate economic policies. The term in use was "shock therapy."

The effect was to impoverish the majority of the population while enriching those in power. International corporations, being on the plush end of the equation, were delighted. The Chicago Boys, as Friedman's students were known, were ready for similar actions in Argentina, southern Brazil, Bolivia and beyond. By the 1980s large segments of Africa and Asia also had submitted to Friedman's shock treatment...**

Emphasis on the last 2 paragraphs mine.

Read more at: Caution, 'Disaster Capitalism' at Work | Naomi Klein==

dear thats a long rant from a stupid communist. You have to make an argument yourself. You cant to that can you? Its so much easier to parrot others isn't it?

 

[EdwardBaiamonte]

My forth grade teacher told us that they had a light bulb that lasted forever. He apparently didn't know that capitalism is competitive. 1+1=2

Capitalism -can- be competitive. The problem is when you get monopolies, such as the Federal Reserve. In the case of the Federal Reserve, they are given the privilege of creating most of the money in the U.S. in the form of loans, and demanding that these loans be paid back, with interest. It's a swell system for the banking corporations that control the Federal Reserve, but it's lousy for everyone else.

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????

Sure. But first, did you see the documentary in the opening post of this thread?

dear you have to make logical arguments

You're not going to answer my question, are you -.-?

think hard!!! we don't ask each other to read stuff and then agree with us. We make a logical arguments. Do you understand??

 

[phoenyx]

If only we could reduce capitalism to 2 free guys freely trading because it makes them both feel better

we can't only because libsocialists oppose capitalism.

Did you actually read anything I wrote -after- I made that statement? You know, this part:
==The real world is not nearly as simple as that. Here's an excerpt from a review of Naomi Klein's book "Disaster Capitalism"...

**Those of us who imagine economists to be mild souls preoccupied with tedious abstractions are in for a shock from The Shock Doctrine: The Rise of Disaster Capitalism, Naomi Klein's stunning, polemic re-examination of the last 30-plus years in the history of free-market capitalism. If we bought the myth of corporate globalization as a benign and bloodless process, Klein has more jolts in store.

The Canadian Klein is a columnist for The Nation and The Guardian and a former fellow at the London School of Economics. Her work on this, her third book, began in 2004, when she spent time in Iraq reporting on the reconstruction process for Harper's magazine. Her research is massive, meticulously documented and laid out in fluid, accessible and intriguing stories.

Klein's indictment revolves around Milton Friedman, the Nobel Prize-winning guru of the University of Chicago School of Economics and the brains behind the movement for unregulated corporate trade, the elimination of public services and the eradication of organized labor.

Klein begins in the 1950s, the depths of the Cold War, when Friedman refined his theory of pure capitalism as a counter to the threat of communism and a radical alternative to the mixed checks-and-balances system that was installed under the influence of economist John Maynard Keynes to combat the Great Depression. Under Friedman's precise mathematical theorem, the only functions permitted for government are police and armies. Everything else should be privatized.

With eager financial support from corporate interests, Friedman's theories made the Chicago school the powerhouse of academic economics in the U.S. The search for a live test laboratory -- a nation to erase and re-create from scratch -- did not take long.

When Augusto Pinochet's military junta prepared for the takeover of Chile in 1973, Friedman's students handed him a complete plan of economic reform in advance. Friedman himself visited the new dictator, urging him to press even harder -- by dint of troops, tanks and death squads -- at selling state-owned property, utilities and services to American corporations. The plan also included eliminating public medical care, education and transportation; arresting, torturing and executing labor leaders, social workers, academics and other troublemakers; and throwing hundreds of thousands out of work. The aim was to shock the entire population into stunned acquiescence to the new corporate economic policies. The term in use was "shock therapy."

The effect was to impoverish the majority of the population while enriching those in power. International corporations, being on the plush end of the equation, were delighted. The Chicago Boys, as Friedman's students were known, were ready for similar actions in Argentina, southern Brazil, Bolivia and beyond. By the 1980s large segments of Africa and Asia also had submitted to Friedman's shock treatment...**

Emphasis on the last 2 paragraphs mine.

Read more at: Caution, 'Disaster Capitalism' at Work | Naomi Klein==

dear thats a long rant from a stupid communist.

A long, well thought out review of Klein's Disaster Capitalism book, and this is all I get for a response -.-? This just isn't worth my time...

 

[phoenyx]

Capitalism -can- be competitive. The problem is when you get monopolies, such as the Federal Reserve. In the case of the Federal Reserve, they are given the privilege of creating most of the money in the U.S. in the form of loans, and demanding that these loans be paid back, with interest. It's a swell system for the banking corporations that control the Federal Reserve, but it's lousy for everyone else.

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????

Sure. But first, did you see the documentary in the opening post of this thread?

dear you have to make logical arguments

You're not going to answer my question, are you -.-?

think hard!!! we don't ask each other to read stuff and then agree with us. We make a logical arguments. Do you understand??

I understand that you still haven't answered my question.

 

[EdwardBaiamonte]

A long, well thought out review of Klein's Disaster Capitalism book, and this is all I get for a response -.-? This just isn't worth my time...

translation: All I can do is parrot a stupid communist!! If its well thought why not give us the best thought in it/?????? Surely there is one that you can defend??

 

[EdwardBaiamonte]

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????

Sure. But first, did you see the documentary in the opening post of this thread?

dear you have to make logical arguments

You're not going to answer my question, are you -.-?

think hard!!! we don't ask each other to read stuff and then agree with us. We make a logical arguments. Do you understand??

I understand that you still haven't answered my question.

Ive read the communist manifesto and observed that it starved 120 million to death?

 

[phoenyx]

Sure. But first, did you see the documentary in the opening post of this thread?

dear you have to make logical arguments

You're not going to answer my question, are you -.-?

think hard!!! we don't ask each other to read stuff and then agree with us. We make a logical arguments. Do you understand??

I understand that you still haven't answered my question.

Ive read the communist manifesto and observed that it starved 120 million to death?

I'm happy for you. Really I am. Still waiting for you to answer my question -.-...

 

[EdwardBaiamonte]

dear you have to make logical arguments

You're not going to answer my question, are you -.-?

think hard!!! we don't ask each other to read stuff and then agree with us. We make a logical arguments. Do you understand??

I understand that you still haven't answered my question.

Ive read the communist manifesto and observed that it starved 120 million to death?

I'm happy for you. Really I am. Still waiting for you to answer my question -.-...

what question? and what would change if I answered it? You'd stll be 100% afraid to defend communism on your own- right??

 

[phoenyx]

You're not going to answer my question, are you -.-?

think hard!!! we don't ask each other to read stuff and then agree with us. We make a logical arguments. Do you understand??

I understand that you still haven't answered my question.

Ive read the communist manifesto and observed that it starved 120 million to death?

I'm happy for you. Really I am. Still waiting for you to answer my question -.-...

what question?

Whether you've actually seen the documentary video in the opening post of this thread.

 

[EdwardBaiamonte]

think hard!!! we don't ask each other to read stuff and then agree with us. We make a logical arguments. Do you understand??

I understand that you still haven't answered my question.

Ive read the communist manifesto and observed that it starved 120 million to death?

I'm happy for you. Really I am. Still waiting for you to answer my question -.-...

what question?

Whether you've actually seen the documentary video in the opening post of this thread.

and if I saw it then what??????????????????? It would transform me into a stupid communist like Sanders???

 

[EdwardBaiamonte]

what people here think of Bernie's policy platform.

he's a stupid communist. What's to think? Communism slowly starved 120 million to death.

 

[EdwardBaiamonte]

what people here think of Bernie's policy platform.

he's a stupid communist. What's to think? Communism slowly starved 120 million to death.

The arguments you're making in support of communism have almost got me convinced-really!!

 

[psikeyhackr]

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????.

If accounting had been mandatory in US schools since about 1960 wouldn't it still be Capitalism? But would it be in the state it is in today? I tend to doubt it but it is an experiment in alternate reality that we cannot perform.

But I think we might be able to get a lot of young kids pissed off if we explain the possibilities to them. They are the ones who will be stuck on the screwed up planet. I probably will not be here in 20 years.

psik

 

[EdwardBaiamonte]

most PH.D economists support the system. Do you with all your education and experience have a better system in mind????.

If accounting had been mandatory in US schools since about 1960 wouldn't it still be Capitalism? But would it be in the state it is in today? I tend to doubt it but it is an experiment in alternate reality that we cannot perform.

But I think we might be able to get a lot of young kids pissed off if we explain the possibilities to them. They are the ones who will be stuck on the screwed up planet. I probably will not be here in 20 years.

psik

do you have any idea at all what your point is?