Unfettered Capitalism

[Dr Grump]

Socialism is government control over the economy. It's central economic planning. That is the opposite of capitalism, which is distributed economic planning. Capitalism is just economic freedom. In capitalism, consumers, suppliers, employees, employers make our own best decisions. Only government can centrally plan an economy because only government can use guns to force people to make choices against our best interest.

We understand it fine, comrade. You don't know what you're talking about

Name a socialist country in Western Europe. Just one that meets the above criteria.

 

[Dr Grump]

Democratic socialism is just mob rule. Voting doesn't justify armed robbery

Democratic socialism means the government makes decisions based on the welfare of a majority of its citizens instead of the richest ten percent of its voters.
Democratic Socialism vs. Unfettered Capitalism: There is Absolutely NO Comparison (+3K Views) - munKNEE.com

Democratic socialism - Wikipedia.

"Democratic socialism is defined as having a socialist economy in which the means of production are socially and collectively owned or controlled,[2] alongside a democratic political system of government."

No paid vacation in the US?? Really?

 

[georgephillip]

Government isn't just screwing companies with their endless expensive regulations, they are screwing everyone

Who's getting screwed when Trump installs lobbyists to run federal regulatory agencies?

Donald Trump is handing the federal government over to fossil fuel interests

 

[dblack]

Democratic socialism is just mob rule. Voting doesn't justify armed robbery

Democratic socialism means the government makes decisions based on the welfare of a majority of its citizens instead of the richest ten percent of its voters.

Democratic socialism means every decision in society is subject to majority rule.

 

[Dr Grump]

Democratic socialism means every decision in society is subject to majority rule.

You say that like it's a bad thing...

 

[georgephillip]

Bill Gates and Jeff Bezos forcing people at gunpoint to hand over their money?

Crime, justice and capitalism: Justifying violence on moral grounds

"Colonialism as civilising mission, imperialist wars for democracy and human rights are products of unfounded moral discourses shaped by the ruling class propaganda."

 

[dblack]

This is from the About page on Democratic Socialists of America.

What is Democratic Socialism?
Democratic socialists believe that both the economy and society should be run democratically—to meet public needs, not to make profits for a few. To achieve a more just society, many structures of our government and economy must be radically transformed through greater economic and social democracy so that ordinary Americans can participate in the many decisions that affect our lives.

Both the economy and society. That's everything.

 

[boedicca]

I'm far more concerned about Unfettered Identity Politics Authoritarian Inquisitions than I am about Unfettered Capitalism.

Just sayin'.

 

[georgephillip]

They both hold up the state as the ultimate expression of society. ie both promote totalitarian government.

If fascism rose in opposition to socialism, how can both hold the state as "the ultimate expression of society." (Whatever that means) Which form of government requires a merger with corporations?

 

[dblack]

They both hold up the state as the ultimate expression of society. ie both promote totalitarian government.

If fascism rose in opposition to socialism, how can both hold the state as "the ultimate expression of society." (Whatever that means) Which form of government requires a merger with corporations?

Just because they are in opposition doesn't mean they don't want the same thing - ie power. Both worldviews are collectivist in nature, seeing the state and society as synonymous.

 

[Dr Grump]

This is from the About page on Democratic Socialists of America.

What is Democratic Socialism?
Democratic socialists believe that both the economy and society should be run democratically—to meet public needs, not to make profits for a few. To achieve a more just society, many structures of our government and economy must be radically transformed through greater economic and social democracy so that ordinary Americans can participate in the many decisions that affect our lives.

Both the economy and society. That's everything.

Sounds good to me...

 

[dblack]

This is from the About page on Democratic Socialists of America.

What is Democratic Socialism?
Democratic socialists believe that both the economy and society should be run democratically—to meet public needs, not to make profits for a few. To achieve a more just society, many structures of our government and economy must be radically transformed through greater economic and social democracy so that ordinary Americans can participate in the many decisions that affect our lives.

Both the economy and society. That's everything.

Sounds good to me...

And that's the problem. Trump has smeared the concepts of liberty and limited government to such a degree that people actually think socialism is a good alternative.

 

[georgephillip]

The government was managing the project, moron. That's all that matters.

Is this the Denver project you're referring to?

Denver Airport Terminating $1.8 Billion Great Hall Renovation Contract.

"In its last official estimate, delivered in May, Great Hall Partners said that it didn't expect to complete the project until 2025, with cost overruns of over $300 million on top of the project's original $650 million construction budget.

"The problems encountered by the Great Hall project represent yet another disappointment for the so-called public-private partnership model that has been utilized repeatedly by major infrastructure projects in the Denver region over the last two decades, including the Regional Transportation District's Eagle P3 project — which has faced similar issues and legal disputes..."

 

[dblack]

This is from the About page on Democratic Socialists of America.

What is Democratic Socialism?
Democratic socialists believe that both the economy and society should be run democratically—to meet public needs, not to make profits for a few. To achieve a more just society, many structures of our government and economy must be radically transformed through greater economic and social democracy so that ordinary Americans can participate in the many decisions that affect our lives.

Both the economy and society. That's everything.

Sounds good to me...

Really? Do you want everything subject to a vote? Do you want everything to be up for grabs with every single election?

 

[georgephillip]

They contribute their cash, dumbass. The corporation wouldn't exist without their investment. The only thing workers contribute is brute labor.

Workers also contribute their intellect, not that you would know much about that part. Shareholders contribute cash to the corporation in an IPO offering. If I buy one hundred Microsoft shares from you, how much of my money goes to the corporation?

 

[bripat9643]

The government was managing the project, moron. That's all that matters.

Is this the Denver project you're referring to?

Denver Airport Terminating $1.8 Billion Great Hall Renovation Contract.

"In its last official estimate, delivered in May, Great Hall Partners said that it didn't expect to complete the project until 2025, with cost overruns of over $300 million on top of the project's original $650 million construction budget.

"The problems encountered by the Great Hall project represent yet another disappointment for the so-called public-private partnership model that has been utilized repeatedly by major infrastructure projects in the Denver region over the last two decades, including the Regional Transportation District's Eagle P3 project — which has faced similar issues and legal disputes..."

Nope. The airport has been finished for years. What you describe must be another entirely separate boondoggle.

So-called "public-private" partnerships are generally indistinguishable from pure government projects. I'm not sure what the distinction is.

 

[dblack]

They contribute their cash, dumbass. The corporation wouldn't exist without their investment. The only thing workers contribute is brute labor.

Workers also contribute their intellect, not that you would know much about that part. Shareholders contribute cash to the corporation in an IPO offering. If I buy one hundred Microsoft shares from you, how much of my money goes to the corporation?

Depends on how much you pay for it. If the stock prices goes down, the corporation has less leverage, less power. I'm surprised you don't know this.

 

[bripat9643]

They contribute their cash, dumbass. The corporation wouldn't exist without their investment. The only thing workers contribute is brute labor.

Workers also contribute their intellect, not that you would know much about that part. Shareholders contribute cash to the corporation in an IPO offering. If I buy one hundred Microsoft shares from you, how much of my money goes to the corporation?

Workers get paid! It seems you don't know about that part.

As for the IPO, what difference does it make? It's a totally voluntary exchange. If you don't like the terms, then don't get into it. The only thing that makes share valuable is the fact that you can sell them on the market.

 

[georgephillip]

The socialists owe the ignorant GOP faux capitalists a huge Thank You card for so badly misapplying capitalism:

‘A tale of 2 recessions’: As rich Americans get richer, the bottom half struggles

The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7.

www.politico.com

The result is a splintered economic picture characterized by high highs — the stock market has hit record levels — and incongruous low lows: Nearly 30 million Americans are receiving unemployment benefits, and the jobless rate stands at 8.4 percent. And that dichotomy, economists fear, could obscure the need for an additional economic stimulus that most say is sorely needed.

The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7, a group of major developed countries. Spiraling inequality can also contribute to political and financial instability, fuel social unrest and extend any economic recession.

Your link:

"The growing divide could also have damaging implications for President Donald Trump's reelection bid.

"Economic downturns historically have been harmful if not fatal for incumbent presidents, and Trump's base of working-class, blue-collar voters in the Midwest are among the demographics hurting the most.

"The White House has worked to highlight a rapid economic recovery as a primary reason to reelect the president, but his support on the issue is slipping: Nearly 3 in 5 people say the economy is on the wrong track, a recent Reuters/Ipsos poll found."

 

[dblack]

The socialists owe the ignorant GOP faux capitalists a huge Thank You card for so badly misapplying capitalism:

‘A tale of 2 recessions’: As rich Americans get richer, the bottom half struggles

The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7.

www.politico.com

The result is a splintered economic picture characterized by high highs — the stock market has hit record levels — and incongruous low lows: Nearly 30 million Americans are receiving unemployment benefits, and the jobless rate stands at 8.4 percent. And that dichotomy, economists fear, could obscure the need for an additional economic stimulus that most say is sorely needed.

The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7, a group of major developed countries. Spiraling inequality can also contribute to political and financial instability, fuel social unrest and extend any economic recession.

Your link:

"The growing divide could also have damaging implications for President Donald Trump's reelection bid.

"Economic downturns historically have been harmful if not fatal for incumbent presidents, and Trump's base of working-class, blue-collar voters in the Midwest are among the demographics hurting the most.

"The White House has worked to highlight a rapid economic recovery as a primary reason to reelect the president, but his support on the issue is slipping: Nearly 3 in 5 people say the economy is on the wrong track, a recent Reuters/Ipsos poll found."

Certainly maxing out the deficit/debt isn't the right track.