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by RoPa
Quote:
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"You down wit OPM?" Fumo: "Yeah, you know me!" |
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HAS CAPITALISM FAILED?
No, it is/has morphed into a monster that would be more aptly described as plutocracy/oligharchy...small and moderate scale capitalism is generally called 'free enterprise'...this free enterprise is the very basis of economic/technical innovation and development...what you are see now is global 'consolidation' of corporations into a total monopoly of all essential goods and services...in essence what was known as capitalism has become the same as communism & fascism, with the added twist of these mega-corporations now transecending all national boundaries, and, in effect. 'privatizing' governments themselves...governments, in any case, are the instrument of internaional bankers, and, for instance, the US military now serves as a police or security force for these same interests. |
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My answer: No. I'm still in the stock market and I'm testing the waters in Person-to-Person lending and last I checked, I still believe in the domestic free market system.
Person who's house is under foreclosure in Boca Raton, FL: Yes and we should turn to Communism because I'm about to lose my house. |
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Capitalism thrives and has even spread to some prominent Christian churches where preachers proclaim it is a parishioners right to demand and expect hugh monetary rewards daily.or at least weekly.
The Pope meanwhile has regressed to socialism proclaiming Wealth a sin. The Catholic Church of course is exempt as they are infallable besides they can barely maintain their lifestyle and have even had to close entire parishes in order to pay Peter's Stipend to Rome. |
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Gandhi was asked by a British journalist what he thought of Western civilization. “I think it would be a good idea,” he replied.
http://www.mkgandhi.org/articles/abusing_gandhi.htm Capitalism is one of the few systems that has been proven to create wealth...it just does a lousy job distributing it when it goes completely unchecked. In those instances profits are privatized and risk is socialized. The Bear Stearns moment in U.S. finance capitalism is one such example. The Fed opening up the discount window to investment banks and essentially bailing out Bear Stearns by backing up JP Morgan was and still is egregious. Might as well put a hammer and sickle in the corner of the U.S. flag. Subsidies to agribusiness is another example. If the market was free there wouldn't be a need for subsidies or Bear Stearns would have been left to collapse. Just as people complain about the social welfare state they ought to remember that corporate welfare is part of it. |
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Corruption is a sign of a free market, the alternative is human evolution stunting oppressive gov't oversight.
Sure can't use the liberal social USA to tell. Or is having the FED the single largest employer, lender, real property owner in the entire world count as capitalism? Americans who promote a no winners and losers society should all be neutered. Is it a a coincidence that the US is the only super power left on the planet, the single largest exporter and importer in the world? but most of all MANKIND EVOLVED THANKS TO INNOVATION FOUND ONLY IN THE USA- THE WORLDWIDE PROLIFERATION OF THE COMPUTER CHIP HAS SIGNIFICANTLY RAISED THE QUALITY OF LIFE OF EVERY LIVING THING ON THE PLANET. IT IS RESPONSIBLE FOR THE SINGLE MOST DRAMATIC PERIOD OF EVOLUTION SINCE MAN PUT ROCK ON END OF STICK TO MAKE WEAPON. BILL GATES HAS DONE MORE FOR MANKIND THAN 1000 GHANDIS AND MOTHER THERESAS COMBINED. Stupid idiotic liberal socialist pieces of **** would see the FED doling out even more, the capitalists less, all for the sake of stunting the human race.
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"How could you possibly live in the freest nation in the history of the world and only see oppression? How could you live in the least imperialist power in human history and see us as the ultimate in imperialism? How can you live in the least bigoted nation in human history ... and see racism lurking in every dark shadow?" he asked. The comedian attributed the trend to a "rejection of all fact, reason, evidence, logic, truth, morality, and decency." Last edited by Your Neighbor : 04-27-2008 at 10:52 AM. |
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Good job, el, you've attracted all the whack jobs to one thread. Now push the detonator.
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Your representatives on Philadelphia's City Council are at odds with our new mayor over whether many reforms he has proposed should become law. Please write to them and tell them what your priorities are. Indict State Senator Vince Fumo into The Crooked Pol Hall of Fame. |
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