It is not Capitalism and the Free Market that have failed, It's bad ideas and practices that have failed. There are Principles we should not have abandoned.
Bad ideas?
Tell me something, is slavery, indentured servitude, or wage slavery bad ideas? I ask because they are all part of capitalism.
Was Enron a "bad idea" or was it capitalism at its finest?
If you look at the economy before the FED it was one of enormous boom and bust cycles. In fact I think it is safe to say that capitalism will always eventually fail if it is not properly regulated. So is capitalism a "bad idea?"
And if you think about it, Bush Jr took a robust economy and turned it into dog crap in just eight years and he was a "free market kind of guy!"
No, it isn't "bad ideas." It's the human ontology.
Yes, bad idea's. Did I studder?
Tell me something, is slavery, indentured servitude, or wage slavery bad ideas? I ask because they are all part of capitalism.
They are part of Human History, something we have struggled with and against since the beginning. It does not matter the system, it is the dark side of Human Nature. Your premise here is false. We have traded in good's, in currency, and in bullets, by force of arms and force of will. Which do you prefer? I choose Government by the Consent of the Governed. How is that offensive to you? Why is that offensive to you? It's bad to buy, sell, or trade, for profit unless you are cashing a government or union pay check, is that your claim???? How many bodies have been buried and used to fertilize your concept of a Totalitarian Utopia??? Your premise is flawed, you need not look outside yourself for blame.
The Free Market Capitalist System allows you to choose, to stay, to move on, to purchase, to compete, which of these liberties do you find offensive? How is your need to limit or control my free will and free choice superior to me choosing for myself?
How is State Capitalism superior to Free Market Capitalism, Comrade? Do you get to bury your mistakes? Every time? Is that it?
Was Enron a "bad idea" or was it capitalism at its finest?
Clarify. Is it that Enron existed that bothered you? is it that Enron broke the law? is it that it took so long to catch Enron? Did Enron Represent True Free Market Capitalism, or a corrupted relationship with Government Authority and Regulation?
Was Government the Impartial Referee here, or part of a corrupted conspiracy?
When Government plays the Impartial Referee, maintaining a fair playing field, that includes transparency, it includes protecting the people and our interests from all enemies foreign and domestic, the last I checked that included protecting us from Corporate crime and government crime as well. For government to put selfish interest and increase over the will of the people is the breaking of a trust, a "Bad Idea". What happened with Enron is no example of Free Market Capitalism. It is an example of criminal practices, many of them government supported, gone awry.
If you look at the economy before the FED it was one of enormous boom and bust cycles. In fact I think it is safe to say that capitalism will always eventually fail if it is not properly regulated. So is capitalism a "bad idea?"
I believe that the ups and downs have more to do with Banking Schemes, and not being on the Gold Standard. Government spends what it does not have, devalues the dollar to pay back what it has borrowed more cheaply, on and on and on and on. At least that is part of it. **** Hamilton and the National Bank. Let's have the Fed borrow money, we will invest in the loan with private money, earning interest, we will tax the people to pay the loan and the interest we earn from it. Let's compare that interest to Saving account interest.
Again, nothing to do with Free Market Capitalism. Your Premise is false.
And if you think about it, Bush Jr took a robust economy and turned it into dog crap in just eight years and he was a "free market kind of guy!"
Actually the Market wen't Kamikaze on 9-11-01. Bush did a fantastic job handling that recovery. Thank You George.
He rebuilt a decimated Military, resupplied and modernized, he handled two invasions. Can you tell me without doubt or hesitation that what he did, did not help secure us against further threat or attack? No. What would have happened if we did not act the way we did? No. Can you tell me with certainty that the threat would not have existed had we not acted? That is the thinking that primarily brought us to 9/11 in the first place.
You fought him and undermined him for eight years, he held out almost all the way to the end, but not quite. When did the Republicans have true control over Congress? It was a battleground for most of the Bush Presidency. Democrats took over when? When did the economy and unemployment go south? What was the price of gas at the time? What was responsible for that? Do you care to put gas prices now at what they were then and see what happens to your fabricated recovery? How many years did you waste your breath condemning Bush for 5.5% unemployment rate? Again, your premise is false. Further, it is hypocritical.
