What is the goal of capitalism?

[sparky]

As we see in Haiti and other places, a capitalistic economy can still be a disaster if the governance is totally corrupt.

And how does one define economic success? GDP? Standard of living? Economic freedom?

These ^^^ are key Q's Task

For starters , if we consider capitalism a constitutional construct , it would serve 'we the peeps' , and by that we consider ALL the peeps, not just the chosen few.

What metric quantifies ,validates this is even more vexing......

considering the effects might be worthy>



&&&

see the connection?

~S~

 

[initforme]

The goal of capitalism is simply to make the most money as one can. It does not mix well with morals. Capitalism and a moralistic society cannot coincide.

 

[Rye Catcher]

He cant even spell postgraduate so it leaves one to wonder.....

You're a hypocrite, posting "cant" is ludicrous.

 

[Rye Catcher]

and again you ignored where I said the 14th amendment is why voting rights were included,,,

and no the government/constitution doesnt grant rights they protect them,,,


I guess you missed this part when you read the declaration of independence,, funny since its the next words from what you read,,,

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --


not seeing where that says government/constitution grants rights,, in fact its specific we are endowed with them and the government secures those,, that means they protect them not grant them,,

why are you being such a stupid dishonest piece of shit???

LOL: Each Article in the Constitution does grant The Right to Vote

I dont need to read your crap about capitalism for the simple reason that I've used capitalism to further my life.
I dropped out of high school in the 10th grade and yet I was able to retire at 46.
That alone blows anything you have to say against capitalism out of the water.
So try again....

You're an idiot. Most every post you write is an attack on someone, not posting an expository response. Your syntax and use of grammar is ludicrous.

 

[progressive hunter]

Not really

They are governed by laws but were not "created" by government.

tell that to every corp. that went and asked permission to exist and had to sign a contract agreeing to government conditions,,

corporations are a government creation,,

 

[progressive hunter]

LOL: Each Article in the Constitution does grant The Right to Vote

You're an idiot. Most every post you write is an attack on someone, not posting an expository response. Your syntax and use of grammar is ludicrous.

if it grants it its not a right you stupid fuck,,

 

[HereWeGoAgain]

You're a hypocrite, posting "cant" is ludicrous.

I spelled it properly and thats what matters.

 

[SmokeALib]

Freedom.

 

[Mexicano]

No, the economic model employed by a society could be the most important determinate to economic success, but it is not guaranteed nor is it the ONLY important factor. As we see in Haiti and other places, a capitalistic economy can still be a disaster if the governance is totally corrupt. And how does one define economic success? GDP? Standard of living? Economic freedom?

Where on Earth are there any successful economies that do not employ capitalism to some degree? I submit that the most successful economies are the ones that are capitalistic and to the highest degree do not allow the gov't to screw it up. And the least successful are the ones with very bad gov'ts that totally control everything.

GDP and economic freedom don't really tell us how the population lives.
I like to measure the success of an economy with a combination of median household income at parity, average death rate, and infant mortality rate.

Capitalism means there are markets and production is in the hands of firms competing
Socialism means there is a command economy where the means of production and services are collectively owned.

One can make the opposite question too: Where on Earth are there any successful economies that do not employ socialism to some degree? In the US federal highways are state-owned, as well as the postal service, and a big chunk of the educational services, several financial institutions, and Amtrak( partially owned) .
In France the list is even larger: Airbus , electric supply ( Électricité de France‎) , gas supply , Renault ( Gaz de France) , a tv station ( France Télévisions‎) and weapons providers (Nexter Systems) are state-owned.

Does that mean that it is ok to leave all the economy in the hands of the State? Well, no, I don't think so. But having key parts of the economy in the hands of the State can actually yield a benefit.

Yes, they are efficient, gov't intervention and control is largely absent from what it was under the socialist regimes and policies some 30 years ago. They are far more capitalistic than they once were, and reforms in gov't and their society has paid dividends. But they are also a very repressive gov't that tightly controls civil liberties and rights, and I doubt their average standard of living approaches our own.

Their living standards are definitively not on par with the U.S. By successful I mean the number of people that have gone from absolute poverty to a thriving middle class in a country with 1.4 billion people in a period of 30 years, that's the astonishing part. If China was a country with mere 140 million people and the leap had occurred in a matter of 60 years it would not be surprising.

 

[Mexicano]

if it grants it its not a right you stupid fuck,,

The constitution grants rights, because if there was no constitution you would have no such rights. You would have no rights at all.
In other words, the source of your rights is the Constitution of th US, those rights don't exist anywhere else.
If you leave the country you lose most of those rights ( the nationality is an exception), and are now subject to the rights and obligations of the country you are now visiting or living in.

 

[progressive hunter]

The constitution grants rights, because if there was no constitution you would have no such rights. You would have no rights at all.
In other words, the source of your rights is the Constitution of th US, those rights don't exist anywhere else.
If you leave the country you lose most of those rights ( the nationality is an exception), and are now subject to the rights and obligations of the country you are now visiting or living in.

how can you be such a dishonest piece of shit??

its clear from the words you ignored that we are endowed with them and its the job of the government to protect those rights,,

we still have those rights in other countries,, the dif is they dont respect them nor do they protect them ,, her we do,, at least some of us do,, you obviously dont,,

 

[Orangecat]

This is just a philosophical question. Is there a goal for capitalism at all? Is it to maximize personal liberty or production? or is it to maximize well being?

Capitalism has no goal. It's a system of economics that prioritizes individual liberty in the public marketplace.

 

[Mexicano]

how can you be such a dishonest piece of shit??

its clear from the words you ignored that we are endowed with them and its the job of the government to protect those rights,,

we still have those rights in other countries,, the dif is they dont respect them nor do they protect them ,, her we do,, at least some of us do,, you obviously dont,,

Do you have a right to a fair trial? In Europe ... maybe, in Saudi Arabia or Iran, probably not
Do you have freedom of speech while being in China? ... probably yes, as long as you don't mess with the CPC.
Do you have the right to bear arms?... in a foreign country... laughable. No, not really.

Your rights are only valid within the US because that's where those rights, granted by the constitution have any validity.
If it is not the Constitution what else grants you those rights?

 

[progressive hunter]

Do you have a right to a fair trial? In Europe ... maybe, in Saudi Arabia or Iran, probably not
Do you have freedom of speech while being in China? ... probably yes, as long as you don't mess with the CPC.
Do you have the right to bear arms?... in a foreign country... laughable. No, not really.

Your rights are only valid within the US because that's where those rights, granted by the constitution have any validity.
If it is not the Constitution what else grants you those rights?

youre dodging again,,,

why do you keep ignoring the words that came right after the phrase you quoted last night that proves you wrong???

youre just another dishonest piece of shit,,,

 

[Mexicano]

Capitalism has no goal. It's a system of economics that prioritizes individual liberty in the public marketplace.

Well,not individual liberty, I am sure about that. Firms and banks are not individuals and play a very large role in the economy. Arguably larger than individuals.
If you change your statement to " a system of economics that prioritizes the liberty of firms and individuals in a marketplace.", then I can agree with you.

 

[Blues Man]

tell that to every corp. that went and asked permission to exist and had to sign a contract agreeing to government conditions,,

corporations are a government creation,,

Governed by laws does not equal created by government.

Marriage is governed by laws did government create marriage?

The building of homes is governed by laws. Did government create houses?

 

[progressive hunter]

Governed by laws does not equal created by government.

Marriage is governed by laws did government create marriage?

The building of homes is governed by laws. Did government create houses?

when the government creates the system and controls it under threat of jail that means its a creation of government,,,


homes can be built without being a corp.,, it happens everyday,,

houses are an object not an entity,,


name me a single corp. in this country that exists without government permission??

 

[Orangecat]

Well,not individual liberty, I am sure about that. Firms and banks are not individuals and play a very large role in the economy. Arguably larger than individuals.
If you change your statement to " a system of economics that prioritizes the liberty of firms and individuals in a marketplace.", then I can agree with you.

Firms and banks are comprised of individuals, so yes, capitalism also prioritizes their liberty as well.

 

[The Sage of Main Street]

The goal is, you reap what you sow and you have choice.

The Fact That This Hasn't Been Eliminated Proves That Eliminating It Is the Right Choice

That excludes inheritance, which contradicts and destroys Capitalism. And the only choice is where you want to stand in line behind the pre-positioned HeirHeads.

 

[Mexicano]

Firms and banks are comprised of individuals, so yes, capitalism also prioritizes their liberty as well.

But the goals and means of firms and banks are not the same as those of individuals.
A bank employee has the goal of getting a wage increase.
The bank might want to increase its profits and decide to lay off some employees.
Someone else might want to get a low interest loan, but the bank may increase the interest rates to maximize profits.
The fact that firms are composed of individuals does not equate to individual liberty , because their goals are not aligned, alas, sometimes they are in conflict.