True. May the comment debates begin.
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True

May the comment debates begin

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[ 277 comments ]

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What do you think? Give us your opinion. Anonymous comments allowed.
#3 - Fryskelijer (05/17/2014) [+] (82 replies)
#2 - realreality (05/17/2014) [+] (6 replies)
Yes because it's the systems fault and not the people's
User avatar #6 - talosknight (05/17/2014) [+] (17 replies)
I love these posts because people are so ready to equate Capitalism with Consumerism. Just like Communism, Capitalism works in theory. However, there is no nation practicing it in its true form. Where though that Capitalism has a series step up over Communism, is that Capitalism does account for the majority of human nature (to better yourself when possible.)


True Capitalism works like this:
Company A makes toasters. Its a toaster, it toasts bread. Company B makes toasters as well, however their toasters come with surface to air missiles. People at first assume company B has a better toaster, and therefore purchase their product. This results in Company B to hire more people, and be allowed to increase wages while lowering prices. Company A starts to lose employees to Company B. But, a defect in the Company B toaster causes the surface to air missiles to go off inside your house, killing your whole family. People obviously stop buying this toaster. Company A sees profits increase and hires more people, increases wages, lowers prices and expands. Notice how there was no government interference? Notice how no one bailed out Company B, it just kind of disappeared? That's Capitalism.

Consumerism, what the United States suffers from the most is simply put, people will buy your product, no matter how high you jack it up, because the Government is there to prop you back up when you fail miserably. I'm looking at you GM. And Banks.

So no, Consumerism is destroying our society. Socialism, on the other hand, would destroy it fast, because, as a business owner, I don't want to pay a ridiculous amount of tax for social programs, when I could use that money to pay my staff better and get better benefits for them.
#137 - doctorprofessornv (05/17/2014) [+] (9 replies)
Freedombirdman I summon thee!
#150 to #137 - freedombirdman (05/17/2014) [-]
Ah yes, thank you for alerting me citizen. This is a confusion of true capitalism with what is currently in place, a capitalistic system with government intervention. Large corporations in the present day have only gained their monopoly powers through government interventionist policy such as bailouts, subsidies, unionization mandates, and the like. Naturally, businesses of all sizes have an incentive to grow, and realistically a business/industry will use lobbying and special interest groups to twist government policies in their favor if given the chance. Politicians interested in re-election similarly have an incentive to capitulate to lobbyists. In a true free market system, monopolies and cartels cannot exist for long because they are inherently inefficient and liable to be out-competed (Before anyone mentions Rockefeller and Standard Oil, I must note that there were actually more Oil companies in business before the passing of the Sherman antitrust act, and Standard Oil was not actually a monopoly, as they did not raise prices while decreasing output, they lowered prices while increasing output.)

The point I am trying to make is that it is government policy that has created this perversion of capitalism. Concepts such as 'too big to fail' have allowed some businesses to gain an unfair advantage on the market, thus allowing the birth of mega-corporations with virtual immortality, as they are backed by subsidies and bailouts. In a true free market, it is the consumer that has the power. The free market does not require government intervention because free trade is a naturally occurring system, irrespective of government influence. The government has a proper place, which is protecting natural rights and punishing fraud. When government tries to interfere in competition and price formation, it brings instability to a generally stable system.
#14 - pebar (05/17/2014) [+] (13 replies)
When government says only a handful of people are allowed to practice business with things like:
Corporate taxes
the employer mandate
excessive regulation
occupational licensing
limited permits

That's when you see capitalism fail. Quit blaming businesses when it is entirely government's fault.
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#72 - mytwocents has deleted their comment [+] (4 replies)
#1 - ocnamesaregone (05/17/2014) [+] (13 replies)
MFW waiting for communism to take over while capitalism leads us to an impending doom.   
   
   
 How's my bait?
MFW waiting for communism to take over while capitalism leads us to an impending doom.


How's my bait?
User avatar #119 - Sdgnuipaegr (05/17/2014) [+] (2 replies)
I appreciate these kinds of ********** that are brought about because I can learn more about economics in 10 minutes than an taking an economics class.
#121 to #119 - anonymous (05/17/2014) [-]
Do you seriously think people on this website will educate you better than an economics class?
Do you seriously think people on this website will educate you better than an economics class?
#93 - kmichel (05/17/2014) [+] (14 replies)
After WWII the US went on a killing spree trying to destroy Communism. The US committed terrorist attacks against civilians all over Europe, including Italy, Belgium, Greece, and Germany, even hiring a Nazi general to help us.

So, it was definitely not one sided.
User avatar #198 - mrbuu (05/18/2014) [+] (2 replies)
**** **** **** **** im going to the next content **** you all.
#184 - skypatrol ONLINE (05/18/2014) [+] (3 replies)
These comments,
#48 - ihatem (05/17/2014) [+] (15 replies)
If you want them to stop, call your legislators and representatives about passing the 28th Amendment to get money out of politics.
wolf-pac.com

Here's some links showing why your democracy is gone unless you do.
- www.youtube.com/watch?v=JvJ1ZuJDNbQ (America is an oligarchy, Princeton Study, statistical evidence)
- www.cbpp.org/cms/?fa=view&id=3220 (Top 1% "magically" does better than everyone else)
- en.wikipedia.org/wiki/Buckley_v._Valeo and en.wikipedia.org/wiki/First_National_Bank_of_Boston_v._Bellotti (This is what allowed them to grow)
#162 - derein (05/18/2014) [+] (12 replies)
Alright, this is how I see what's happening to the US and what will eventually happen to every country running on a privatized system of banking: interest rates on loans are built in order to keep the poor in debt, and the rich just get richer because of the struggle. This is what causes the poor to get poorer, this is why the 'Trickle down' economic thought process doesn't work.

Since the consumer is too worried about their loans and mortgages, they can't spend money in the market, because all their money is going towards paying off loans.

We must do away with private banks, and create a socialized bank not based on profiting from others suffering. Get rid of the interest rates, and only have the people pay back what they were loaned. This is probably one of the only aspects of socialism (aside from single-payer plan healthcare) I really think could be implemented into our society to a successful degree.
#46 - ishalltroll (05/17/2014) [+] (4 replies)
What? I can't hear you over our unaffected growth!
What? I can't hear you over our unaffected growth!
#112 - hybridxproject (05/17/2014) [+] (12 replies)
User avatar #136 - anonefgthree (05/17/2014) [+] (1 reply)
>FJ
>knowing **** about economics or politics
lol
User avatar #11 - tazze (05/17/2014) [+] (2 replies)
capitalism isn't working as it should be, oligopolies, monopolies, lobbying and government intervention have been ruining it for quite some time, the idea is that many companies have to compete (without making any deals against the consumer as they usually do (aka petroleum industry, banks)) taking advantage of their oligopolies, if they **** up, they're supposed to fall and new ones are supposed to take their places, money is supposed to flow, we are all supposed to spend money at the same rate at which we earn it, not more and not less, although the main problem right now is that big fortunes aren't spending their money or putting it back in circulation in any way, creating the illusion that there's, in fact, no money.
#57 - Logicaltightrope (05/17/2014) [+] (5 replies)
More than half of Americans will be at or below the poverty line at some point in their lives.

But...

73% of Americans will be in the top 20% at some point.
39% of Americans will be in the top 10% for at least a year.
12% of Americans will be in the top 1% for at least a year.

www.aei-ideas.org/2014/04/evidence-shows-significant-mobility-in-income-and-affluence-73-of-americans-will-be-in-top-20-for-at-least-a-year/

www.nytimes.com/2014/04/20/opinion/sunday/from-rags-to-riches-to-rags.html?_r=0

^Just a couple of articles about it. The real meat:

taxfoundation.org/sites/taxfoundation.org/files/docs/sr180.pdf
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#89 to #82 - mytwocents has deleted their comment [-]
User avatar #55 - icecubeslayer (05/17/2014) [+] (4 replies)
Well capitalism has been doing the same thing since the 1800s, it's nothing new. It's only now having modern technology integrated into it, making us notice it more.
User avatar #4 - improbable (05/17/2014) [-]
Capitalism: private ownership without government interference
What you're seeing and thinking is Capitalism: Welfare(socialist concept), and all that other stuff which is too complicated for me to explain
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