Perhaps you did not read cletes response #38 .ask him what he meant by it.
![]() |
Perhaps you did not read cletes response #38 .ask him what he meant by it.
I read it, at no point does it mention that Obama appointees are Mao supporters.
Quote:
The Rise Of Western Civilisation and the influence of Capitalism
The strengths of private enterprise are also visible when the standard of living under capitalism is compared with the standard of living under communist and other totalitarian systems. Whether private enterprise is compared with what it replaced, namely feudalism, or whether it is compared with other available alternatives — communist totalitarian regimes or dictatorships (feudal or semi-feudal, or fascist) — private enterprise must rate head and shoulders above its competitors. Critics of private enterprise do not consider this aspect, except to concede that capitalism is superior to feudalism. They do not focus on the extent of the superiority, nor do they compare its record with communism or with democratic socialist interventionism.
The proof is in the pudding;
What have non-capitalistic economic systems provided in terms of advancements in technology, standard of living, availabilty of goods and services?
Under capitalism: off the top of my head,
Auto industry - assembly line
Internet
Phone
etc.
What do you use today that was invnted and brought to the market under a non-capitalistic economic system?
G&P
Swedish Inventions
* Tetra Pak
* The Separator and the Milking Machine
* The Ball Bearing
* The Propeller
* The Zipper
* The Safety Match
* Dynamite
* The Turbo Engine for Cars
* Innovations in Telecommunications
* The Adjustable Spanner
NK
You don't know much of history, many things were invented without capitalism, capitalism has exploited them
The greeks for example invented many things
The crane used by capitalists today to construct buildings
The steam engine used by capitalists today to generate electricity
Mines, used by capitalists today to kill people
Medical instruments
Musical notation
Sweeden is 90% private sector, though 50% gov owned. It is CAPITALISTIC in large part.
Yes the Greek engineering and mathematics are undeniable, but tell me what has come out of Greece recently.
Tell me if your car, your refrigerator, your phone, etc were built, distributed NOT involving a capitalistic economic system?
G&P
So far, no one has done what I asked.
Tell us what economic system you would like to see capitalism replaced with?
NK likes nanny state or to be kind... government soft paternalism.
Now you are changing the question. You know very well that the economic system operating in the world today is capitalism; that is private ownership of the means of production, even in communism China, this is true to a large extent. However capitalism and capitalist motives do not need to be present for innovation and invention to take place. Before capitalism existed people invented, it is rightly said that necessity, not capitalism, is the mother of invention.
You also know that nations and economic systems pass through their golden age and decline so because no startling invention has emerged from Greece lately doesn't mean That anything is lost. American capitalism will eventually decline to be replaced by a better system and great will the shout the day it does, just as it was when Rome went into the dust, Nazi Germany when into the dust and Russian communism went into the dust
https://www.cia.gov/library/publicat...k/geos/sw.html
And there's always Wikipedia
Economy of Sweden - Wikipedia, the free encyclopedia
They seem to be a little ahead of us on the economic timeline, some would say as usual. Having taken the Welfare state concept and run with it, they are now cutting back across the board as their foreign markets dry up.
Even according to your links Sweden is doing better than the USA. Nowhere near "nearly bankrupt" as you stated. It has some of the highest standards of living and happiness index scores.
Since they recognized it and enacted more capitalistic measures, possibly.
Quote:
The new, strict budget process with spending ceilings set by parliament, and a constitutional change to an independent Central Bank, have greatly improved policy credibility.
This particular quote sounds just like what the attorney said at a Chap. 13 hearing I attended.Quote:
The Swedish government has announced that it will privatise a number of wholly and partly state owned companies.
Quote:
"The income from these sales will be used to pay off the government debt and reduce the burden of debt for future generations. The Government's ambition is to sell companies to a value of SEK 200 billion during 2007-2010."[
The selling of crown/state corps happens with some frequency in many countries.
Capitalism allows the opportunity for individual advancement - more so than socialism or communism.
Is an individual going to be as motivated to improve his or her lot and everyone else's if he or she reaps the benefits of his or her work and ideas? Or is that individual going to even think of something new or more efficient if the state is going to take the credit and the rights to the individual's potential achievement[s]?
G&P
Hello again, in:
It does...
However, we have decided to socialize certain risks and/or tasks by gathering together and hiring the government to run them for us... Some of those would be the police and fire departments, the highway departments, our water and electric supply, and the military.
We've also chosen to offer a safety net for those who are unable to provide for themselves. That would include Medicare and Medical, the food stamp program, and welfare, among others.
We are for sure, NOT a pure capitalist country. We've blended lots of socialism into our every day lives, and we've lived to tell about it. Some people, who abhor socialism, actually take advantage of it when nobody's looking.
excon
You seem to be under the impression that Capitalism is mutually exclusive from these other methods of organisation, however capitalism is alive and well in France and Australia and also in China. What this proves is that Capitalism isn't directly related to the political environment within which it exists.
Laizze-faire Capitalism cannot be allowed to exist because it has no social conscience, it must be regulated, controlled and directed. Which system of political organisation you use to do this is up to the citizens of the country. There are excesses in all systems usually directly related to the power given the leaders
Agree with your first paragraph. Note that socializing the risk of hi risk mortgages through Fannie and Freddie have led to the current economic crisis. You agree with that? Pure capitalism in this area would have put the risks on the investor not the taxpayor. Pure capitalism would not have bailed out the mega banks and investment houses that you love.
Medicare and medicaid and social security were not "chosen" they were voted on and passed before my time. Now the taxpayor has NO CHOICE but to pay into this government ponzi scheme. In addition, the "rich" certainly do not get their money's worth from the money they pay in taxes to social security. Also realize that social security was passed in an era where the life expectancy was around 65 and the life expectancy for blacks was less than 65.
My agi is top 10% in the nation and the top 10%, the "rich," pay about 70% of the taxes in this country. If I fall ill and am unable to work, or get sick; is it really taking advantage of the system if I, having been paying so much in to the system that supports others, use the benefits that were promised to me?
Is it really right to be increasing entitlements in a recession and then passing off the costs [ principal and interest ] to others and future generations?
G&P
All times are GMT -7. The time now is 12:40 PM. |