Why capitalism is bullshit

[TroglocratsRdumb]

3.5 Million Dead: How North Korea Literally Starved …​

Jul 25, 2021 · North Korea officially maintains that between 225,000 and 235,000 people died as a result of the famine, but outside estimates have …

 

[Natural Citizen]

There's always been a problem with definitions and understanding of what kinds of policies we actually have.

The policies we actually have now are quite contrary and certainly counterintuitive to the vision of the Framers of our Republic.

No matter how hard anyone wants to polish a turd or blow smoke up someone's ass, the reality is that if you say free-market and capitalism together in the same sentence, no, we don't have that any more. Huh uh. Not even close.

What we do have is economic interventionism by the government. We have central economic planning by a central bank. A planned economy. We have inflationism. We have a belief in deficit financing. We have cronyism. We have a welfare/warfare state.

You've got people screaming every single day for the government to intervene. We see it here pretty much every single day, in fact.

That's so far removed from free-market capitalism that it's laughable to refer to it as such and it's certainly not in any way conservative in the traditional sense of the term.

This will inevitably destroy the middle class.

The problem, ultimately, is that we do not have enough free markets.

 

[Leo123]

You used a different definition, but the premise is basically the same.

So, essentially, there are laws which allow people to privately own and exchange goods and services. Tell me how this is different than the laws which would have allowed this at any other time in history, such as in ancient Rome.


Opposition to abortion is not compatible with capitalism. The abortion industry is an example of the free market at work.

Rome had God emperors, slaves (who owned nothing), etc and a definite caste system. In Rome, you had private property only if you were in the right caste. You are tragically uninformed.

 

[Missourian]

 

[Mac1958]

Capitalism is by far the greatest engine of growth, prosperity and opportunity the world has ever seen. Not even close.

The problem is the way we have applied it for the last four decades. The result is massive and growing wealth disparity and shamefully small growth in the middle and lower classes.

And now, because of the stupid, distorted way we have applied it, more and more people are looking for an alternative. That's a goddamn shame.

 

[Monoculturalist]

For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.

Trade has existed since before civilization. Capitalism usually is more specific to the modern arrangement of trade whereby market forces determine the price of everything as opposed to things like government restrictions.

It is true that no country is a purely free market, but countries can be compared by the extent to which their markets are free, which defines how capitalistic a society is. Think of it as an ideal instead of a physical reality.

Socialism is similar in that few countries are purely socialist. Some are pretty close to it, like Venezuela, but they don't tend to fare very well.

For most of human history, mercantilism was more applicable to most economies due to various trade restrictions imposed by governments.

 

[Rogue AI]

You used a different definition, but the premise is basically the same.

So, essentially, there are laws which allow people to privately own and exchange goods and services. Tell me how this is different than the laws which would have allowed this at any other time in history, such as in ancient Rome.


Opposition to abortion is not compatible with capitalism. The abortion industry is an example of the free market at work.

Economics and politics often interlink and effect each other, yet neither defines the other.

 

[BrokeLoser]

For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.

Cut the retarded bullshit already…just say you love abortions, hate white people and want free shit.

 

[gipper]

Why argue about capitalism, when we don’t live under capitalism?

We live in a quasi-Fascist or corporatist economy.

Our government as massive and expensive as it is doesn’t protect the public or consumers. It protects the few major corporations in each industry that dominates that market segment. Business and government combined.

However our economy is not directed or controlled by government as is commonly assumed under fascism, but rather by the super wealthy ‘capitalists’ who are really monopolists who control the various industries.

 

[Etymology gaslight]

For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.

Most political isms are pretty murky.
Socialism alone has tens of definitions.
Try reading Atlas shrugged.
If you really hate it
then read all of Ayn rand's other novels
I think there are two.
The fountainhead still holds up today.
She did not write these novels to change the world she was just having some fun it's a good read, both

 

[Thinker101]

For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.

WTF!!! Your dictionary evidently is different from everyone else's.

 

[Etymology gaslight]

Why argue about capitalism, when we don’t live under capitalism?

We live in a quasi-Fascist or corporatist economy.

Our government as massive and expensive as it is doesn’t protect the public or consumers. It protects the few major corporations in each industry that dominates that market segment. Business and government combined.

However our economy is not directed or controlled by government as is commonly assumed under fascism, but rather by the super wealthy ‘capitalists’ who are really monopolists who control the various industries.

Corporations make a lot of capital.
Not CPB though.

 

[d0gbreath]

It is written. Of course literacy is required.

 

[gipper]

It is written. Of course literacy is required.

View attachment 1168069

As you must know any mention of Marx, immediately gets you labelled a commie and a traitor by the low intellect chorus.

 

[d0gbreath]

As you must know any mention of Marx, immediately gets you labelled a commie and a traitor by the low intellect chorus.

That's fine. I wear it well.