Capitalism

[Andre]

For all it's faults and shortcomings...ask anyone who has ever lived under a dictator which they prefer...

Thats is very true , but i think we as the people could evolve a different way of being. maybe. Nothing can be ran fair with a top man and a pyramid scale down and out,which is what every system becomes. If we could build something that grows from within the masses upwards,we all could have a hope.

[El Kabong]

Capitalism feeds off of natural human instincts and socialism is more of a "In a perfect world EVERYBODY would have a million dollars" but that doesn't factor into account that if everyone actually had a million dollars then a million dollars would cease to be a million dollars the way we think of it, it would be more like toilet paper....it would be worthless.

[killersheep]

Capitalism feeds off of natural human instincts and socialism is more of a "In a perfect world EVERYBODY would have a million dollars" but that doesn't factor into account that if everyone actually had a million dollars then a million dollars would cease to be a million dollars the way we think of it, it would be more like toilet paper....it would be worthless.

I think you are confusing this argument, I am not advocating pulling a Robin Hood for Socialism. I believe in indivduals owning property. However, there is an issue when that much of the property is in the hands of the few. It clogs the system, because the wealth is not flowing, as a result of that the country is less productive. I believe that stagnation of wealth and dependence on foreign banks is as dangerous as any terrorist organization.

[Andre]

Capitalism feeds off of natural human instincts and socialism is more of a "In a perfect world EVERYBODY would have a million dollars" but that doesn't factor into account that if everyone actually had a million dollars then a million dollars would cease to be a million dollars the way we think of it, it would be more like toilet paper....it would be worthless.

I think you are confusing this argument, I am not advocating pulling a Robin Hood for Socialism. I believe in indivduals owning property. However, there is an issue when that much of the property is in the hands of the few. It clogs the system, because the wealth is not flowing, as a result of that the country is less productive. I believe that stagnation of wealth and dependence on foreign banks is as dangerous as any terrorist organization.

Yeah it becomes more about control over and power over others.

[El Kabong]

Hey don't get me wrong, balance is everything. Look at Mexico, Russia, and Cuba...their revolutions were created basically out of having no middle class and having the greedy fat cats at the top.

I'm merely suggesting Capitalsim is an easier fit for human nature than Socialism simply because you're not punished for wanting more or striving to achive a higher goal than what society has set for you.

[killersheep]

Hey don't get me wrong, balance is everything. Look at Mexico, Russia, and Cuba...their revolutions were created basically out of having no middle class and having the greedy fat cats at the top.

I'm merely suggesting Capitalsim is an easier fit for human nature than Socialism simply because you're not punished for wanting more or striving to achive a higher goal than what society has set for you.

So I guess all I'm saying is as long as the money is tied up in that small group, it's gonna be hard for America. And the fact that China is buyin up real estate here, doesn't make me feel safe, or even OK with it.

[CGM]

Hey don't get me wrong, balance is everything. Look at Mexico, Russia, and Cuba...their revolutions were created basically out of having no middle class and having the greedy fat cats at the top.

I'm merely suggesting Capitalsim is an easier fit for human nature than Socialism simply because you're not punished for wanting more or striving to achive a higher goal than what society has set for you.

Besides, being punished for exceeding society's goals will, in the long run, do very little to help the poor who have failed to meet those goals.

[Andre]

Capitalism feeds off of natural human instincts and socialism is more of a "In a perfect world EVERYBODY would have a million dollars" but that doesn't factor into account that if everyone actually had a million dollars then a million dollars would cease to be a million dollars the way we think of it, it would be more like toilet paper....it would be worthless.

I would like to wipe my ass one million times on seperate dollar bills, American dollars, hmm luxury.

[BoxingGorilla]

LOL That chart is very effective! I was laughing like hell as I was scrolling down and down and down....

[killersheep]

Capitalism feeds off of natural human instincts and socialism is more of a "In a perfect world EVERYBODY would have a million dollars" but that doesn't factor into account that if everyone actually had a million dollars then a million dollars would cease to be a million dollars the way we think of it, it would be more like toilet paper....it would be worthless.

http://www.youtube.com/watch?v=X2JPbQOHEkY

Here's John McCain's original view on this.

http://www.youtube.com/watch?v=Lh9_QvJicy4
oops

[El Kabong]

....still better than this

http://www.youtube.com/watch?v=OoqI5PSRcXM

[Kirkland Laing]

....still better than this

http://www.youtube.com/watch?v=OoqI5PSRcXM

There'll have to be quite a large redistribution of wealth over the next few years or the US economy won't be able to grow very well. The redistribution of the last 30 years (all to the top) will have to be reversed so that the money generated by the economy will go to people who'll actually spend it, thus creating more economic growth. Obama is dead right about this and the bald plumber wrong.

[El Kabong]

Obama is dead right about this and the bald plumber wrong.

....talk to me in 4 years

[Kirkland Laing]

Obama is dead right about this and the bald plumber wrong.

....talk to me in 4 years

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

[pacfan]

First off, there is no absolutely free economy, and likewise, no absolutely controlled economy. So the answer is quite simple. Just find the right balance. Obviously, the American economy as it stands now has been proven - and fortunately they are starting to admit that - to be excessively on the free side. Any system that allows people to crowd together and make a collective decision without much regulation is doomed to fail simply because humans act just like animals when herded together. The frenzied herd action is what primarily caused the chaos today - the bulls of yesterday has turned into the bears of today. So again, the key to it all is to find just the right balance, and fortunately, I think that's what the economic honchos would be doing in the next several years.

But don't be easily misled into believing that just re-distributing all the goods equally will solve the problem. The mega-billionaires are there for a reason. First, if you simply distribute all the money of Gates, Buffets, Waltons etc., equally among the ordinary folks like you and me, most of those money will go into consumption and only few left for saving (or investment). Everyone who knows Economics knows that that is not a good idea because it'll send the economy running havoc. But keep these money in relatively few hands, most of it will be plowed back into productive business activities. So again, it's the right balance that's important, not simply just re-distribution. Definitely, I think that the system today favors the rich folks just a bit too much as against the ordinary ones. I think just a little bit more of re-distribution will spur consumption, which is the biggest part of GNP, and will thereby encourage economic growth...