General Discussion

ronnie624

(5,764 posts)

44. Because defending capitalism is practically impossible.

Sun May 8, 2016, 12:44 AM

May 2016

It is illogical, wasteful and unjust, and it now threatens our very survival. The current ideology that attempts to rationalize it, simply cannot withstand real scrutiny, so its adherents have little choice but attack its critics ad hominem.

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The Pain You Feel is Capitalism Dying [View all] KamaAina May 2016 OP

This message was self-deleted by its author rjsquirrel May 2016 #1

so you believe that 9 years of ZIRP policy by the Federal Reserve is a sign of good economic health? virtualobserver May 2016 #3

This message was self-deleted by its author rjsquirrel May 2016 #4

Their first stop will likely be fast food, 7962 May 2016 #16

This message was self-deleted by its author rjsquirrel May 2016 #21

Don't forget that the revolution in production techniques Hortensis May 2016 #49

This message was self-deleted by its author rjsquirrel May 2016 #50

Do they just snort and walk away? 7962 May 2016 #69

This message was self-deleted by its author rjsquirrel May 2016 #72

Insist on $15 an hour? How dare they! KamaAina May 2016 #33

It'll be fine for the few left that will be making it 7962 May 2016 #34

Should they commit suicide? JPnoodleman May 2016 #74

After that, trucking and transportation hatrack May 2016 #66

I see that as a LOT riskier. ONE bad accident & you'll lose MILLIONS 7962 May 2016 #68

Looks like you were closer to the truth than I thought: 7962 May 2016 #75

The end game is when robot workers start selling hamburgers to robot customers. Xipe Totec May 2016 #20

The Establishment Agenda Is Always The Same - Enslave The 99% - Enrich The 1% cantbeserious May 2016 #2

That article is wrong - value comes from labor, not exchange tralala May 2016 #5

I guess that might be dependent on the definition of "value". What is your source? nm rhett o rick May 2016 #6

If I am not mistaken, the notion of value being produced by labor is present from Locke to Marx. beastie boy May 2016 #17

Smith, Ricardo, Marx ... those guys tralala May 2016 #37

The definition of value in terms of economic activity is energy. ronnie624 May 2016 #41

Now that makes sense. What would you recommend I read to learn more about rhett o rick May 2016 #45

There are tons of solid information ronnie624 May 2016 #51

Wow, that's some essay. I have skimmed it and intend to read more thoroughly. rhett o rick May 2016 #53

A lot of people have difficulty understanding the nature and fluidity of energy ronnie624 May 2016 #55

I have studied thermodynamics and understand enery somewhat. I like the application rhett o rick May 2016 #56

Growth can occur only if there is energy entering the system from an outside source. ronnie624 May 2016 #57

I think economic growth comes from creating something that is of value to someone. rhett o rick May 2016 #58

An interesting excerpt. ronnie624 May 2016 #73

Oh? Beethoven1111 May 2016 #7

Post removed Post removed May 2016 #9

Why do you say that? n/t tom_kelly May 2016 #12

Because defending capitalism is practically impossible. ronnie624 May 2016 #44

Roll over Beethoven. redwitch May 2016 #15

I imagine it's difficult to continually come up with new names. nm rhett o rick May 2016 #46

"Communism Creep?" ReRe May 2016 #23

Troll over beethoven tenderfoot May 2016 #39

You win. rhett o rick May 2016 #47

Ha ha ha! I guess it must be 1953! Arugula Latte May 2016 #43

Sorry nothing personal rhett o rick May 2016 #48

History. The experience in Mexico and other countries with staggering inequality Califonz May 2016 #8

its a different world now. If we come down, and we will crash huge, the world will follow. litlbilly May 2016 #11

And the worst are hardly big time capitalists either. 7962 May 2016 #18

capitalism has raise the living standard of more people in the history of he world... AlbertCat May 2016 #67

Any other form of national economy. 7962 May 2016 #70

Yep, the roaring success of non-capitalist countries such as Venezuela Nye Bevan May 2016 #10

This message was self-deleted by its author rjsquirrel May 2016 #22

What does race have to do with any of this? (nt) Nye Bevan May 2016 #35

This message was self-deleted by its author rjsquirrel May 2016 #38

Nye was being sarcastic I'm sure 7962 May 2016 #36

What's next is Feudalism zeemike May 2016 #13

Capitalism calls never ending consumption "growth". Spitfire of ATJ May 2016 #14

Our economy depends on selling overpriced fraudulent financial products to each other in a game whereisjustice May 2016 #19

What Fuller called "lawyer capitalism" has outlived its purpose and is long dead. beastie boy May 2016 #24

You can call it fusion capitalism, but it's just capitalism. This is what it does. Hydra May 2016 #25

of course it's just capitalism. The label just indicates a new twist to it. beastie boy May 2016 #32

Capitalism... gregcrawford May 2016 #26

"There Are No More Profits to Extract." Hydra May 2016 #27

No. It is the capitalists trying to make -us- die. If it was them dying they would be feeling the jtuck004 May 2016 #28

crapitalism. its not sustainable. pansypoo53219 May 2016 #29

Not until we get voting and election reforms. stillwaiting May 2016 #30

it's the money system Locrian May 2016 #31

Capitalism is dying ReRe May 2016 #40

I do believe that was where I read about FINCAP and LAWCAP KamaAina May 2016 #62

Maybe institutionalized supergreed moondust May 2016 #42

We are a service economy Protalker May 2016 #52

Capitalism Never Worked fasttense May 2016 #63

Dear DOG, I hope so. nt LWolf May 2016 #54

So glad this made the greatest list. whereisjustice May 2016 #59

Here's my take RoccoR5955 May 2016 #60

Plutocracies will last as long as most of the people are okay going without for years and years. Rex May 2016 #61

There are endless theories as to the exact mechanism.. sendero May 2016 #64

A hearty recommend. Bookmarked for later reading. Populist_Prole May 2016 #65

Right Demsrule86 May 2016 #71