491–500 of 528 posts
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Those are the forms of capitalism actually practiced in the real world. As opposed to pure free market capitalism, which doesn't actually exist.
When did free-market capitalism stop being something to aspire to though?
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When did free-market capitalism stop being something to aspire to though?
No capitalist actually wants free and fair competition. A pure free market isn't the most efficient and productive means of making a profit, and they're in business to make as much money as possible. What gets aspired to under the guise of "free market capitalism" is deregulation of the market in the ways which allow businesses to exploit consumers without consequences, such as lowering of environmental regulations o…
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We are producing enough excess that we can spare enough of those things to those who are unable to take care of themselves, and we have for a number of years.
No, we're not. It just seems like there's excess because the costs of running social programs are being paid with runaway debt. Those bills will eventually require settling, and it will become obvious how much excess there really is.
This cruel system has to end.
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Sounds like a very selfish viewpoint.
It's a very capitalist viewpoint. But if not that, then what's the point of society?
> Everytime you meet someone new and they ask “What do you do?” they’re not asking about your passions, hobbies, or the mundane human tasks that take up most of your time; but how you make money, how you turn yourself into income. 1. That's your assumption. They could really ask out of interest. They couldn't care less if that's your main source of income. 2. In some cultures this question will never be asked. 3. If…
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It's a very capitalist viewpoint. But if not that, then what's the point of society?
I don't know man, if your position is that the only point of society is to bail you out of bad decisions, you are too far gone for me to have the energy to get into a discussion. You are entitled to your opinion I'm not going to attempt changing that.
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No capitalist actually wants free and fair competition. A pure free market isn't the most efficient and productive means of making a profit, and they're in business to make as much money as possible. What gets aspired to under the guise of "free market capitalism" is deregulation of the market in the ways which allow businesses to exploit consumers without consequences, such as lowering of environmental regulations o…
There's definitely a non-libertarian approach to "free market capitalism" that does not eschew regulation and does embrace ethics.
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They are not trolling. They are stating the simple, undeniable fact that there is more than enough to go around and if we had a more equitable distribution of resources, we could take care of everyone with disabilities 10x over with plenty to spare.
I don't think people realize how much evening out society will impact them. This is a very US (and probably EU) way of thinking. Everyone thinks they are middle class but when it comes down to it there are far more people in poverty and that evening things out will bring down the quality of life for the people advocating for evening out things.
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That data is published quite often, no conspiracy here. The point is that the top 1% can be taxed more heavily, not that they own the majority of wealth.
I'm not sure taxing them more heavily will actually result in significantly more tax revenue in the long run. Think about it: to pay for this tax, the rich will need to sell their assets. Who is going to buy those assets? What impact would that have on the asset price?
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I mean, it is very obviously being hoarded by the capital class! there has been tons of writing on the subject, no one can credibly deny that that's what's happening right now.
The wealth of the capital class is, unsurprisingly, capital - the facilities, equipment, organizational structures, etc. used to make stuff. What does it mean for capital to be hoarded?