General Discussion

TheMastersNemesis

(10,602 posts) Mon Sep 24, 2012, 09:21 AM Sep 2012

Think About It - Captialism As It Is Now Being Practiced A Failure. [View all]

The rise in poverty alone proves that capitalism is a failure as it is now being practices as "trickle down" or global economics. And the rise in poverty is not just happening here. It is happening all over the world. And Europe is having problems with lowering wages and worker protections as well.

We would not need all these safety nets, if capitalism was creating prosperity for the masses. The way we are practicing "savage" capitalism creates a lot of millionaires and billionaires. The Reagan revolution is what started the explosive rise of the super upper class in 1980. The oligarchs here and internationally have more influence on the flow of money than they have ever had.

Now the GOP is trying to sell slavery for the masses through the back door. They claim that the "job creators" will put a chicken in every pot if you just give them more money. The real truth is that all that one will get is feathers and I doubt there will be even any feathers.

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Think About It - Captialism As It Is Now Being Practiced A Failure. [View all] TheMastersNemesis Sep 2012 OP

I would suggest that we return a geek named Bob Sep 2012 #1

I vote for socialism. Regulated Capitalism left the power to subvert the regulations in the hands Vincardog Sep 2012 #2

I'll pass on that one, thanks... a geek named Bob Sep 2012 #3

Where does "pure" Capitalism lead? Same place Vincardog Sep 2012 #4

really? a geek named Bob Sep 2012 #7

Both a pure capitalist system & a pure socialist system lead to the same place JaneyVee Sep 2012 #11

All Pure Economic Theories Depends on Human Beings Reaching A Non-Existent Level of Development Yavin4 Sep 2012 #22

Weber ([1922] 1978) argues, most people will be motivated by self-interested material advantage, OnyxCollie Sep 2012 #13

No return tama Sep 2012 #17

depends on what you mean by anarchy... a geek named Bob Sep 2012 #20

No rules at all tama Sep 2012 #26

the problem begins with enforcement... a geek named Bob Sep 2012 #28

Reminds me: Two wolves and a sheep deciding what to have for lunch. cr8tvlde Sep 2012 #32

pretty much nailed it in one... a geek named Bob Sep 2012 #34

Isn't that just "So Socialist"...probably expect someone to show up when the house is on fire cr8tvlde Sep 2012 #36

oh look! it's a black or white fallacy, attempting a geek named Bob Sep 2012 #38

I will reasses the use of the Sarcasm button and/or my comments. I am so far to the left cr8tvlde Sep 2012 #44

That's cool... a geek named Bob Sep 2012 #45

In consensus system tama Sep 2012 #37

not adviseable... a geek named Bob Sep 2012 #39

If we're going to keep it, we have to end predatory capitalism. porphyrian Sep 2012 #5

I can go along with that! a geek named Bob Sep 2012 #8

Right. We don't have to fall back into barter, but we can have the best of both. n/t porphyrian Sep 2012 #15

for giggles and grins... a geek named Bob Sep 2012 #19

Interesting. I think you can do just about anything on a small scale... porphyrian Sep 2012 #24

This is one of the reasons I'm for using existing rail lines for bulk transport of created fuels... a geek named Bob Sep 2012 #25

The Problem Is That We Have Predatory Capitalism. That Has To Change. TheMastersNemesis Sep 2012 #9

Agreed. It has to change. porphyrian Sep 2012 #14

There's no such thing as Most Excellent Unicorn Capitalism leftstreet Sep 2012 #43

Trickle down economics has failed. We need a whole new worldview. JaneyVee Sep 2012 #6

Canada is doing okay riverbendviewgal Sep 2012 #10

And Canada cares about people, not just $$$$$$$$$$$$$$$$$$$$ like the US. n/t RKP5637 Sep 2012 #30

Let them add up all the $$$$ they've accumulated over the past 35 years! socialindependocrat Sep 2012 #12

It's an illness, a compulsive behavior, accumulate more and more $$$$ without RKP5637 Sep 2012 #31

It's not failure tama Sep 2012 #16

Yes. Just had this discussion with a few like-minded people Iris Sep 2012 #23

Yep. And still so many willing to lend a hand. raouldukelives Sep 2012 #40

They own the money tama Sep 2012 #41

I think.. Xolodno Sep 2012 #18

K & R. n/t PowerToThePeople Sep 2012 #21

To function successfully, capitalism demands regulation. elleng Sep 2012 #27

Well said! Especially that what we have now is "savage" capitalism. It's a bullshit RKP5637 Sep 2012 #29

It's funny, I've heard a lot of "Capitalism's never really been put into practise" War Horse Sep 2012 #33

War...The War Tax...The Military Industrial Complex cr8tvlde Sep 2012 #35

Abolish Capitalism. Nuff said. Taverner Sep 2012 #42

then how do you intend to get new innovations? a geek named Bob Sep 2012 #46

Power corrupts and absulte power corrputs absolutely SilveryMoon Sep 2012 #47