- Mar 22, 2001
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I knew he was anti-capitalism but I didn't think he would blame all of the world's problem on it.
I knew he was anti-capitalism but I didn't think he would blame all of the world's problem on it.
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
Originally posted by: Rainsford
The only "failure" of capitalism is that people became so enthralled with it that they convinced themselves it's a form of government, instead of simply a way to run the economy. It's a good system, but it's not a magical solution to everything. Our decades long conflict with communism convinced people that capitalism was in fact a perfect system for every situation, when I think most honest economists will admit that it's not.
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Originally posted by: Pippy
Article Here
I knew he was anti-capitalism but I didn't think he would blame all of the world's problem on it.
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Originally posted by: Matthiasa
As long as he wasn't your economics proffessor there's no real problem with it in and of itself. I mean other then it being way out of touch with reality but still.
It is however to be expected from one who is a professor of philosophy, with his musings on what he thinks would be an ideal word, that in reality would fail to function as all such systems in the past have tended to do.
Originally posted by: Hacp
Originally posted by: Pippy
Article Here
I knew he was anti-capitalism but I didn't think he would blame all of the world's problem on it.
Just did a quick google and it looks like his doctorate is in some sort of humanities.. I think its safe to say that he's completely unqualified to speak about economic matters.
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Originally posted by: rchiu
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Well not really. When you compare those people supposed got "left behind", they are still better off than big percent of people in Cuba, Venezuela, North Korea where alternative system is used.
All these people using this crisis as an example of how capitalism has failed don't mention that those countries that use alternative system, everyday is a failure according to the same standard.
Originally posted by: EXman
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Sounds like why i don't read Craig234's posts after he starts off with something silly.
Originally posted by: rchiu
Originally posted by: CADsortaGUY
Capitalism is rightly credited with having unleashed enormous forces of productivity and technology. But it has also reduced much of the world to ruin and squalor.
One doesn't need to read any further than this to see how off base the author is. There was no "reduce" as there was no "have" to reduce from. Sure, one of Capitalism's supposed "failures" is that some people get left behind in the system.... but then again, the system is about tangible and objective results - not subjective equality... (so then it's not really a failure in a true sense)
Meh - looks like standard ivory tower BS...
Well not really. When you compare those people supposed got "left behind", they are still better off than big percent of people in Cuba, Venezuela, North Korea where alternative system is used.
All these people using this crisis as an example of how capitalism has failed don't mention that those countries that use alternative system, everyday is a failure according to the same standard.
Originally posted by: Genx87
Guy should at least take a glance at the 20th century history.
Originally posted by: Rainsford
The only "failure" of capitalism is that people became so enthralled with it that they convinced themselves it's a form of government, instead of simply a way to run the economy. It's a good system, but it's not a magical solution to everything. Our decades long conflict with communism convinced people that capitalism was in fact a perfect system for every situation, when I think most honest economists will admit that it's not.
Originally posted by: Genx87
Columbus shows up and declares property for the state of Spain equals capitalism?