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Would you support a pure capitalist economy

Interesting question. But, hell no. That would elad to total economic collapse. I don't doubt that. In my opinion intervention makes economy stronger.
 
The rapid increase you would see in polarity would lead to crime and political instability.

(Arguably) The first Welfare State was created by Bismark in Germany in the late 1800s. He was hardly a bleeding heart. He did it in order to buy the consent of the proletariat, dissuading them from revolution.
 
The hoarding of wealth in our society is near out of control as is. Not as bad as it has been in the past though. But we'd find ourselves in the open conflict stages of classwar.
 
Originally posted by: Kibbo
The rapid increase you would see in polarity would lead to crime and political instability.

(Arguably) The first Welfare State was created by Bismark in Germany in the late 1800s. He was hardly a bleeding heart. He did it in order to buy the consent of the proletariat, dissuading them from revolution.

This is what I have been thinking lately too. I mean, when I see a toll booth operator making $25-30/hr for sitting on a chair and watching people pass by (they don't even count the fsckign change they collect!) I think that that's the price upper classes have to pay for him to stay there, instead of taking a gun and going after them.

unfair? absurd? Oh yeah, but much like the whole concept of property ownership, it works, so we use it.
 
Don't fall for the trappists of Conservatism that wants to restrict Capitalism.

The GREAT DEPRESSION would of not happened had artificial limits not been injected prior to and then locked into place post-Market Crash.
 
Nope.

Too many selfish, irresponsible people out there who would be all too happy to abuse every resource available. Enforced regulations are needed to keep the already souless in check.
 
It would be an interesting experiment to drop a few billion diseased monkeys on a planet and see what kinds of gyrations they go through. I can see personal capitalism starting first where the physically strongest take what they want then the mentally strongest organizing to create power groups to take from the physically strongest then all sorts of competition among groups with the rise of governments race and religious groups all struggling to for a piece of the action. I could see such an experiment rising and falling and rising and falling over and over again till the planet itself was finished off or somebody noticed the disease and found a cure.
 
No.

We came close to that in the 19th century and even in era leading up to the Great depression.

A good middle class can NOT exist under a purely capitalistic economy nor a purely communistic society.

A moderate BALANCE of free enterprise and government intervention (especially the legal right for people to act collectively) is NECESSARY for a good middle class.

Again we are talking about human nature....not book theory.
 
The problem with capitalism is that there is an end state where one has everything and everyone else has nothing.
 
Originally posted by: Moonbeam
It would be an interesting experiment to drop a few billion diseased monkeys on a planet and see what kinds of gyrations they go through. I can see personal capitalism starting first where the physically strongest take what they want then the mentally strongest organizing to create power groups to take from the physically strongest then all sorts of competition among groups with the rise of governments race and religious groups all struggling to for a piece of the action. I could see such an experiment rising and falling and rising and falling over and over again till the planet itself was finished off or somebody noticed the disease and found a cure.


Greed is the cure. Greed is good. Let the Greedy Monkeys Rule. That way their Greed will be so fulfilled that money will trickle down to the Slave Monkeys and make them Happy. And then All will be Happy Monkeys.

 
I'd support a pure captialist economy. Keep in mind my family is poor but we have pride so no stinkin government intervention is needed.The American dream isn't a free handout.
 
Originally posted by: Beowulf
I'd support a pure captialist economy. Keep in mind my family is poor but we have pride so no stinkin government intervention is needed.The American dream isn't a free handout.


Yeah lets take the US dollar out of the equation and see how far that will take capitalism.

 
Originally posted by: GrGr
Originally posted by: Beowulf
I'd support a pure captialist economy. Keep in mind my family is poor but we have pride so no stinkin government intervention is needed.The American dream isn't a free handout.


Yeah lets take the US dollar out of the equation and see how far that will take capitalism.

why the US dollar is all mighty I wouldnt be workin full time and paying for college if I couldn't benefit later on life. The whole goal is to get a college degree starting someting up and make all the money I can.
 
Originally posted by: Beowulf
Originally posted by: GrGr
Originally posted by: Beowulf
I'd support a pure captialist economy. Keep in mind my family is poor but we have pride so no stinkin government intervention is needed.The American dream isn't a free handout.


Yeah lets take the US dollar out of the equation and see how far that will take capitalism.

why the US dollar is all mighty I wouldnt be workin full time and paying for college if I couldn't benefit later on life. The whole goal is to get a college degree starting someting up and make all the money I can.


And if you were poor in a purely capitalistic economy how would you be able to go to college? It would be in the best interest of all universities to make as much profit as possible.

 
Originally posted by: GrGr
Originally posted by: Beowulf
Originally posted by: GrGr
Originally posted by: Beowulf
I'd support a pure captialist economy. Keep in mind my family is poor but we have pride so no stinkin government intervention is needed.The American dream isn't a free handout.


Yeah lets take the US dollar out of the equation and see how far that will take capitalism.

why the US dollar is all mighty I wouldnt be workin full time and paying for college if I couldn't benefit later on life. The whole goal is to get a college degree starting someting up and make all the money I can.


And if you were poor in a purely capitalistic economy how would you be able to go to college? It would be in the best interest of all universities to make as much profit as possible.

Than I would have to work harder correct. Life isn't fair I come from poor Cuban parents who made it to Miami with nothing shopping at goodwill for clothes and so on maybe I just see the light at the end of the tunnel and am gunning for it.
 
Originally posted by: Beowulf
Originally posted by: GrGr
Originally posted by: Beowulf
I'd support a pure captialist economy. Keep in mind my family is poor but we have pride so no stinkin government intervention is needed.The American dream isn't a free handout.


Yeah lets take the US dollar out of the equation and see how far that will take capitalism.

why the US dollar is all mighty I wouldnt be workin full time and paying for college if I couldn't benefit later on life. The whole goal is to get a college degree starting someting up and make all the money I can.


Which in a pure capitilistic economy wouldn't be possible. How did you get thru high school? I assume since you didn't want any of that goverment money you didn't attend public school right? I also will assume that your going to a private college which run around 30 grand a year. What kind of a job allows a college student to make 30K will still going to college. I also hope that you don't use any roads because the goverment paid for them to.

The pure capitalist economy starts to look even nicer when for your parents to keep their job you will also be required to work 80 hours a week. Don't plan on moving because your employer owns the roads and your in dedt to him and oh yeah if you do quit you will be black listed.
 
Originally posted by: Spencer278
Originally posted by: Beowulf
Originally posted by: GrGr
Originally posted by: Beowulf
I'd support a pure captialist economy. Keep in mind my family is poor but we have pride so no stinkin government intervention is needed.The American dream isn't a free handout.


Yeah lets take the US dollar out of the equation and see how far that will take capitalism.

why the US dollar is all mighty I wouldnt be workin full time and paying for college if I couldn't benefit later on life. The whole goal is to get a college degree starting someting up and make all the money I can.


Which in a pure capitilistic economy wouldn't be possible. How did you get thru high school? I assume since you didn't want any of that goverment money you didn't attend public school right? I also will assume that your going to a private college which run around 30 grand a year. What kind of a job allows a college student to make 30K will still going to college. I also hope that you don't use any roads because the goverment paid for them to.

The pure capitalist economy starts to look even nicer when for your parents to keep their job you will also be required to work 80 hours a week. Don't plan on moving because your employer owns the roads and your in dedt to him and oh yeah if you do quit you will be black listed.

Actually I did go to private school Columbus(but my parents were political prisoners in Cuba and we were helped out by former Mastec owner Mascanosa) to be exact and yes I attend UM. I work Bellsouth 411 full time great benefits too.
 
Pure capitailism is doomed to failure. It requires infinite growth. So as long as the economy grows 3-5% each year, capatailism is happy. The moment growth stops (and it will), the entire system collapses.

And most of us here would be working 80-100 hour work weeks in a menial job with almost no hope of advancement. Beowulf, you wouldn't even have gone to high school, because you'd be too busy working in an assembly line. There are no government regulations regarding the economy afterall, and child labor falls under that. The polarization between rich and poor (read Rockafeller and the common man) grows even more disparate. Forget enjoying anything, you'd be too tired to even get up the next day, but you need the money to stay in your apartment.

Pure capatailism is just as bad as pure socialism.
 
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