Capitalism

[Addendum_Forthcoming]

I won't say capitalism is best.

I will say complete Laissez-faire market strategy, with a totally neo-classical economic template is the way to go. Seriously, regulation can curl up and die ... just have competition meet supply and demand, and then we can sentence government regulation as the social dinosaurs it is.

No government should beable to set the rules on market trends, because it NEVER WORKS.

All you do is get massive consolidation of singular service providers that only sell at what the government tells them to sell it, guaranteeing no smaller scale competition, whilst disenfranchising a company's ability to beable to grow and attract investment capital.

Seriously, government regulation is not the socially beneficial thing everybody thinks it is because it only lambasts developing nation's ability to export goods to foreign economic zones for consumption, whilst allowing companies operating within the nation a free ride never to actually think outside the box and continually modernise with new ideas and concepts of financial planning and product development.

So ... regulation ... Hurts the country, hurts other countries ... why the hell do we hang onto it?

Not too mention its the biggest political draw in OECD nations for all the wrong reasons.

 

[Joe Matsuda]

No.

I'm communist.

The cool kind, not the "human rights violations" kind.

 

[dodo1331]

Communism makes it so that people don't want to work. Capitalism makes it so that people don't want to work, but they want the rewards that the work will bring so they do work.

Capitalism wins.

 

[Joe Matsuda]

No.

I'm communist.

The cool kind, not the "human rights violations" kind.

Pussy.

What?

I'm more focused on the vodka part...

I don't have time to secretly kidnap people in the middle of the night for speaking against the govt.

 

[Ph33nix]

Yes Capitalism rewards advancement, efficiency, and productivity

 

[bobknowsall]

Well, it works pretty well compared to the other systems we've tried out, hasn't it? Communism sounded nice on paper, but people got greedy. Fascism kept the country in order, but corruption set in. Socialism... Well, that hasn't really gotten a proper field trial yet.

 

[adamsky]

I pray every day for this inhumane system to vanish from the planet once and for all.
The fact that I don't believe in any higher powers that could make my wish come true make it kind of futile, though.

 

[mrdude2010]

Yes. Anything that rewards people for not being lazy or stupid wins in my book.

I-

I...

Yup. That about sums it up: Capitalism is "Only the strong survive" and "Work for and earn your money". That's the way it should be.

LMFAO you obviously live in a rich neighborhood.

being surrounded by people working 70 hour work weeks for 20 years to make $30,000 a year gives you a different perspective on capitalism, because obviously they're working hard yet they are not being rewarded

also, many of the richest people in the country are simply rewarded for their parent's accomplishments, since the inheritance tax is no more, all you have to do is wait for your parents to die and you'll be rich!

as long as salaries for certain races and genders are significantly different on average, i will never support capitalism. it punishes being unlucky, no matter how smart or hardworking you may be, the best way to make money is still being lucky, and that isn't right either

 

[mrdude2010]

the last time we went through a period of pure capitalism, the country was split into two classes, the rich and the poor (industrial age) followed by a "gilded age" as the rich got richer and the poor got poorer followed by the biggest economic meltdown the world has ever seen (great depression). obviously there is a point where there is too much government regulation (USSR) but so far most of the socialist countries out there seem to be doing pretty well

 

[Addendum_Forthcoming]

as long as salaries for certain races and genders are significantly different on average, i will never support capitalism. it punishes being unlucky, no matter how smart or hardworking you may be, the best way to make money is still being lucky, and that isn't right either

And every other financial system is different .... how?

Capitalism has nothing to do with the wage differences between men and women.

And you can still be a capitalist and believe staunchly in Death taxation. I know I do ... no person should live on the coat tails of their parents. At the same time, yes, I believe that those that work hard deserve the most rewards.

Capitalism works because it assumes you are in control of your own capital. It's your job in life to make sure that capital is well placed and safeguarded... thats YOUR responsibility.

If you put it into a mismanaged hedge fund that goes under thats YOUR problem because YOU didn't do your homework.

And if you're REALLY worried about whether you're putting your capital into a safe investment, you talk to a financial consultant, or a couple of financial consultants if you have the time and money to do so.

Nobody should feel guilty for being rich if they worked for it and were clever with their investments. I worked for it, I invested it, I got (getting) a good return because I did my research ... why should I feel guilty for all the people who didn't do their research, dumped their money somewhere, buried their head in the sand, and when they emerged found it was all gone?

Saying poor investers got 'unlucky', is like saying people who did get "lucky" didn't do their research and were playing the lottery with their earnings.

Nothing could be further from the truth.

 

[Free Thinker]

The condescending tones people are using in this thread make me absolutely sick.
"Capitalism exploits the poor and widens the gap." In some cases, but one bank loan and a good idea can make you the next multi-millionaire. Risk, competition, and hard work fix everything. It's when the system is regulated that people become exploited and milked (metaphorically).

Communism has its own highlights, but when applied to a population larger than a small community, it is exceptionally flawed due to human error. Why do you think the Soviet Union collapsed? Debt. They spent money on an arms race with the U.S.

Fascism...nuff said. Just the word itself implies exploitation.

Socialism is rather new and like earlier posts, hasn't had a "true" long term field test for a basis on further economic theories.

 

[zHellas]

I'd rather have one where people just go to the government and ask if the business that they(the people) want to open is feasible.

The plans and businesses shall be judged by experts... of some kind.

 

[Dan B]

Of course a lot of people are missing the point that we're writing these threads on our PC's which we also use for gaming, only capitalism allows us this possibility for two mains reasons,
1. if all wealth was distributed equally we probably couldn't afford Personal Computers.
2. the people who make the astounding leaps that gave us computers in the first place work best when they can do what they want when they want and know that in return for their long hours they will be well rewarded, I wouldn't work the 16+ hour days that the original designers of the computer chip did just to go home to the same lifestyle as a traffic warden.

 

[Cody211282]

Yes. Anything that rewards people for not being lazy or stupid wins in my book.

You sir win for saying what I wanted to.

 

[Free Thinker]

Of course a lot of people are missing the point that we're writing these threads on our PC's which we also use for gaming, only capitalism allows us this possibility for two mains reasons,
1. if all wealth was distributed equally we probably couldn't afford Personal Computers.
2. the people who make the astounding leaps that gave us computers in the first place work best when they can do what they want when they want and know that in return for their long hours they will be well rewarded, I wouldn't work the 16+ hour days that the original designers of the computer chip did just to go home to the same lifestyle as a traffic warden.

Bingo! There we go!
If I was a doctor or a lawyer, very well-paying jobs that required an expensive education and long years at college, I shouldn't live the same as a bagger at Wal-mart.

 

[lSHaDoW-FoXl]

As a whole I have mixed feelings about Capitalism. I consider my self a Socialist - Democratic. And when I say this I seem to get a lot of flak for it. People always say I'm only that because I'm lazy, because I'm poor, and they also imply that if your poor then you're dumb, uneducated, lazy, and that's the only reason you're a socialist.

And because of that state of mind alone, I hate Capitalism greatly. I consider my self a hippie, one that is indeed lazy but I'm definitely not uneducated and that definitely isn't the reason I address my self as a Socialist. The idea of Capitalism and Communism, in theory they both sound like really good ideas and some reason we always pick on Communism how it doesn't quite live to it's expectations . . . and you know what, Capitalism doesn't either.

The idea to let people start their own business is a good one. Everyone deserves a shot at success after all. At the same time though Capitalism seems to have this odd affinity with bull shit. These businesses will always tell a few lies or bull shit there way around just to make a profit. Disney will push a few lemmings off a cliff and tell us that lemmings do that just to sell better. Oil companies will tell us oil is perfectly all right for the environment even after oil spills fuck up our water.

Oh, and would you look at that. It always seems to be the lazy poor left wing liberals who always clean the messes up, even with just a toothbrush in some cases.

Capitalism is where you never have to apologize for fucking someone over. We've managed to keep track of thousands and thousands of years of our existance and yet we're still fighting with sticks and stones, clawing our way to the top. Insurance companies will find anyway to back out of their promises, businesses will form law suits even when they're the ones taking your ideas, and the decent honest businesses are probably bought over before you can say 'Sold!'

You call it the American dream, I call it the mirage. Just like the ones you see in a desert when your dehydrated dying and crawling over dunes and endless sands. If we were to follow Capitalism to it's fullest definitions everything would be owned by corporations and everything would be for profit. Who cares if a guy has a broken leg after serving our corporation for fifteen years? Fuck him. He should pay for working for us and injuring himself, stupid prick.

Of course though Socialism isn't without it's flaws either, and given that these flaws have been analyzed to death by the definitely unbiased Americans I doubt I need to go on.

If we were to follow Socialism entirely then everyone would be paid the same no matter what, and I think that's just as flawed as Capitalism. Because surely, someone who works hard 12 hours a day shouldn't be paid the exact same as a guy that works 4 hours drunk.

As I said though, I'm a Socialist Democratic. And as a Socialist Democratic I believe that borrowing ideals from Capitalism and Socialism is the way to go. Because for fuck sakes, Socialism is not Communism!

Maybe hopefully one day everyone that's ever called me lazy, poor and uneducated will have a heart attack and wake up in the hospital to find that the insurance company copped out and that the hospital bill is big enough for you to lose your house.

Then we'll see just how stupid free health care is.

 

[neoontime]

Well since we deal with such big populations, capitalism is the way to go

 

[Jagers1994]

In theory it is a perfect system but then again any socio-economic system is perfect in theory even facism. Its not really capitalism thats the problem its America because any system we try to use here hasn't really ever worked. I'm trying not to sound like a misanthrope but human beings are just too greedy and arrogant to not abuse eachother.