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Why free market capitalism works

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TheRevengeofTW1ZTY
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11 Jun 2019, 7:48 pm

Twilightprincess wrote:
TheRevengeofTW1ZTY wrote:
Why don't we just create a new system that works in favor of everyone? That seems like the best solution to me. Not "You HAVE to be Capitalist!" or "You HAVE to be Socialist!" Or "You HAVE to be Communist!"

I think we have been brainwashed to think that we have to abide by such archaic forms of governments. We need something new that works for everybody ASAP!


If I’m appointed as Supreme Leader, I’ll make everyone happy...at least the people who don’t disagree with anything I say. :twisted:


"War is not a woman's game! But I know how to play!"

:skull: :queen: :skull:


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kraftiekortie
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11 Jun 2019, 7:50 pm

Many of the northern European economic systems work fairly well.

I'm a believer in Social Democracy.



Fnord
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11 Jun 2019, 7:50 pm

TheRevengeofTW1ZTY wrote:
I barely have any rights living as an impoverished mentally ill gay Aspie in a conservative state within a capitalist country. Once my nightmare comes true and I wind up homeless in a gutter without the means to buy my bipolar meds I will end up either in prison or dead. Hurray for dah rights and freedoms of Amuuurrican Capitalism!
You would experience the same under a Socialist regime. As someone else pointed out earlier, you would be expected to "Pull your own weight" ... or else ...



kraftiekortie
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11 Jun 2019, 7:51 pm

It's worse for autistic people in places like Russia and China than in places like the US and the UK.



TheRevengeofTW1ZTY
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11 Jun 2019, 7:52 pm

Fnord wrote:
TheRevengeofTW1ZTY wrote:
I barely have any rights living as an impoverished mentally ill gay Aspie in a conservative state within a capitalist country. Once my nightmare comes true and I wind up homeless in a gutter without the means to buy my bipolar meds I will end up either in prison or dead. Hurray for dah rights and freedoms of Amuuurrican Capitalism!
You would experience the same under a Socialist regime. As someone else pointed out earlier, you would be expected to "Pull your own weight" ... or else ...


Then I say destroy Capitalism, Socialism, and Communism and build something new! :rambo:


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Fnord
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11 Jun 2019, 8:07 pm

TheRevengeofTW1ZTY wrote:
Fnord wrote:
TheRevengeofTW1ZTY wrote:
I barely have any rights living as an impoverished mentally ill gay Aspie in a conservative state within a capitalist country. Once my nightmare comes true and I wind up homeless in a gutter without the means to buy my bipolar meds I will end up either in prison or dead. Hurray for dah rights and freedoms of Amuuurrican Capitalism!
You would experience the same under a Socialist regime. As someone else pointed out earlier, you would be expected to "Pull your own weight" ... or else ...
Then I say destroy Capitalism, Socialism, and Communism and build something new!
"Something" ... like what? In every socio-economic system, one group of people inevitably evolves to exploit another.

Anarchism: A system of governance that advocates for self-governing societies. Societal order is maintained by voluntary institutions. Anarchism is also referred as stateless, free associations non-hierarchical societies. The federal government is viewed as unnecessary, undesirable and a harmful body that interferes with the order in the society.

Capitalism: A system where private individuals own the means of production in the economy. Other individuals can then negotiate the use of the factors in exchange for money or a portion of the final product as agreed by both parties. Capitalism is based on the principle of equal opportunity.

Colonialism: A system of governance whereby the native community, tribe or society is subjugated by an external power. From early to mid-20th century several European countries colonized African states with the aim of acquiring slaves, free labor, and resources form the continent in what came to be referred to as "Scramble & Partition of Africa". Colonialism is no longer considered a system of governance but oppression in modern day society.

Communism: A system that is closely related to socialism. The means of production are owned by the society either by a communist state or by the commune. The profits from production are used to develop the society rather than for personal benefit.

Despotism: A system of government where the majority of the decision-making and resources are left to a single individual. The decision-maker is always the person holding the highest office in the land. Such political systems include the Egyptian governments during the era of pharaohs, and the Roman Empire during the reign of emperors.

Distributism: A form of capitalism with features of socialism. The means of production are considered a fundamental right and are therefore spread to the people rather than centralizing them on individual people or state.

Feudalism: A political system that is closely related to despotism. The king owned the natural resources in the kingdom, but unlike despotism, the king would issue much of the land to the nobles who were either influential in the society or held respectable military posts. The lands issued to the nobles were known as manors. The nobles would then subdivide the land and issue them to their families or vassals. The lands issued to the vassals was known as fiefs. The system was common in Europe between the 9th and 15th century.

Minarchism: A form of capitalism where the government's role in the economy is reduced to that of oversight of key economic sectors that cannot be left to the mass. The government handles key sectors of the society such as security and justice. It also protects the masses from aggression, fraud, breach of contract, and theft.

Socialism: A system where the means of production are socially owned. The system is based on the framework of decentralization of autonomous economic units. Public services such as education and healthcare are either owned by the community or the state.

Totalitarianism: A political system where the government has no limit in exercising its authority. The state controls the public and private activities without the consent of those involved. Totalitarianism governments are known to stay in power for longer periods. The state spreads propaganda and threats through state-owned media. Totalitarianism is close to dictatorship; any attempts oust the government is met with fury. North Korea is among the countries known to exercise this system of governance.

Tribalism: A state of advocating or the occurrence of a situation based on the tribe or tribes. It can also refer to a cultural way of life, thinking, and behavior in which people are loyal to a specific group of people. Precolonial Africa, Asia, and even parts of Europe were governed based on the majority tribe.



Last edited by Fnord on 11 Jun 2019, 8:09 pm, edited 1 time in total.

RushKing
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11 Jun 2019, 8:09 pm

Fnord wrote:
TheRevengeofTW1ZTY wrote:
Fnord wrote:
Free-market capitalism works for those who can compete. Socialism works for those who can't. Class dismissed.
So socialism takes care of those who can't take care of thenselves? Sounds good to me.
Sure, go for it! All you have to do in return is give up your individuality, your rights, your privacy, and all your dreams and ambitions! Won't that be fun?

"Freedom without socialism is privilege and injustice; socialism without freedom is slavery and brutality" - Mikhail Bakunin



TheRevengeofTW1ZTY
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11 Jun 2019, 8:12 pm

Quote:
Totalitarianism: A political system where the government has no limit in exercising its authority. The state controls the public and private activities without the consent of those involved. Totalitarianism governments are known to stay in power for longer periods. The state spreads propaganda and threats through state-owned media. Totalitarianism is close to dictatorship; any attempts oust the government is met with fury. North Korea is among the countries known to exercise this system of governance.


Sounds like where we are headed.


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kraftiekortie
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11 Jun 2019, 8:14 pm

No, we're not.....especially if we're careful.



Fnord
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11 Jun 2019, 8:15 pm

RushKing wrote:
"Freedom without socialism is privilege and injustice; socialism without freedom is slavery and brutality" - Mikhail Bakunin
Mikhail Alexandrovich Bakunin, (1814-1876) was a Russian revolutionary anarchist and founder of collectivist anarchism. He is considered among the most influential figures of anarchism and one of the principal founders of the social anarchist tradition, which evolved into the Labor Unionist movement. Bakunin espoused blatantly antisemitic views, and had been severely criticized for this part of his writing, not least by anarchists. Bakunin used anti-Jewish sentiments that suggested a "Jewish" system of global exploitation.
Mikhail Alexandrovich Bakunin wrote:
This whole Jewish world, comprising a single exploiting sect, a kind of blood sucking people, a kind of organic destructive collective parasite, going beyond not only the frontiers of states, but of political opinion, this world is now, at least for the most part, at the disposal of Marx on the one hand, and of Rothschild on the other. This may seem strange. What can there be in common between socialism and a leading bank? The point is that authoritarian socialism, Marxist communism, demands a strong centralisation of the state. And where there is centralisation of the state, there must necessarily be a central bank, and where such a bank exists, the parasitic Jewish nation, speculating with the Labour of the people, will be found.

Yeah ... some hero ... :roll:



TheRevengeofTW1ZTY
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11 Jun 2019, 8:18 pm

Fnord wrote:
RushKing wrote:
"Freedom without socialism is privilege and injustice; socialism without freedom is slavery and brutality" - Mikhail Bakunin
Mikhail Alexandrovich Bakunin, (1814-1876) was a Russian revolutionary anarchist and founder of collectivist anarchism. He is considered among the most influential figures of anarchism and one of the principal founders of the social anarchist tradition, which evolved into the Labor Unionist movement. Bakunin espoused blatantly antisemitic views, and had been severely criticized for this part of his writing, not least by anarchists. Bakunin used anti-Jewish sentiments that suggested a "Jewish" system of global exploitation.
Mikhail Alexandrovich Bakunin wrote:
This whole Jewish world, comprising a single exploiting sect, a kind of blood sucking people, a kind of organic destructive collective parasite, going beyond not only the frontiers of states, but of political opinion, this world is now, at least for the most part, at the disposal of Marx on the one hand, and of Rothschild on the other. This may seem strange. What can there be in common between socialism and a leading bank? The point is that authoritarian socialism, Marxist communism, demands a strong centralisation of the state. And where there is centralisation of the state, there must necessarily be a central bank, and where such a bank exists, the parasitic Jewish nation, speculating with the Labour of the people, will be found.

Yeah ... some hero ... :roll:


Which American 'hero' was it who said "The only good Jap is a dead Jap"?


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11 Jun 2019, 8:21 pm

TheRevengeofTW1ZTY wrote:
Fnord wrote:
RushKing wrote:
"Freedom without socialism is privilege and injustice; socialism without freedom is slavery and brutality" - Mikhail Bakunin
Mikhail Alexandrovich Bakunin, (1814-1876) was a Russian revolutionary anarchist and founder of collectivist anarchism. He is considered among the most influential figures of anarchism and one of the principal founders of the social anarchist tradition, which evolved into the Labor Unionist movement. Bakunin espoused blatantly antisemitic views, and had been severely criticized for this part of his writing, not least by anarchists. Bakunin used anti-Jewish sentiments that suggested a "Jewish" system of global exploitation.
Mikhail Alexandrovich Bakunin wrote:
This whole Jewish world, comprising a single exploiting sect, a kind of blood sucking people, a kind of organic destructive collective parasite, going beyond not only the frontiers of states, but of political opinion, this world is now, at least for the most part, at the disposal of Marx on the one hand, and of Rothschild on the other. This may seem strange. What can there be in common between socialism and a leading bank? The point is that authoritarian socialism, Marxist communism, demands a strong centralisation of the state. And where there is centralisation of the state, there must necessarily be a central bank, and where such a bank exists, the parasitic Jewish nation, speculating with the Labour of the people, will be found.

Yeah ... some hero ... :roll:


Which American 'hero' was it who said "The only good Jap is a dead Jap"?


https://en.m.wikipedia.org/wiki/Alfred_J._Elliott

Alfred J. Elliott

My dad says this quote frequently because he thinks it’s funny.



RushKing
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11 Jun 2019, 8:24 pm

Fnord wrote:
Yeah ... some hero ... :roll:

People generally don't celebrate Bakunin for his antisemitism.



kraftiekortie
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11 Jun 2019, 8:28 pm

I believe many soldiers in World War II said that.......

Or they would say "The best Kraut is a dead Kraut."



TheRevengeofTW1ZTY
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11 Jun 2019, 8:29 pm

Twilightprincess wrote:
TheRevengeofTW1ZTY wrote:
Fnord wrote:
RushKing wrote:
"Freedom without socialism is privilege and injustice; socialism without freedom is slavery and brutality" - Mikhail Bakunin
Mikhail Alexandrovich Bakunin, (1814-1876) was a Russian revolutionary anarchist and founder of collectivist anarchism. He is considered among the most influential figures of anarchism and one of the principal founders of the social anarchist tradition, which evolved into the Labor Unionist movement. Bakunin espoused blatantly antisemitic views, and had been severely criticized for this part of his writing, not least by anarchists. Bakunin used anti-Jewish sentiments that suggested a "Jewish" system of global exploitation.
Mikhail Alexandrovich Bakunin wrote:
This whole Jewish world, comprising a single exploiting sect, a kind of blood sucking people, a kind of organic destructive collective parasite, going beyond not only the frontiers of states, but of political opinion, this world is now, at least for the most part, at the disposal of Marx on the one hand, and of Rothschild on the other. This may seem strange. What can there be in common between socialism and a leading bank? The point is that authoritarian socialism, Marxist communism, demands a strong centralisation of the state. And where there is centralisation of the state, there must necessarily be a central bank, and where such a bank exists, the parasitic Jewish nation, speculating with the Labour of the people, will be found.

Yeah ... some hero ... :roll:


Which American 'hero' was it who said "The only good Jap is a dead Jap"?


https://en.m.wikipedia.org/wiki/Alfred_J._Elliott

Alfred J. Elliott

My dad says this quote frequently because he thinks it’s funny.


It aint funny to me. It's purely racist.

I guess that explains why I hate Democrats as much as I do Republicans. They both have long histories of racism and oppressing certain people, even though Democrats pretend to be the "not racist" ones (a crock of horse s**t).

Don't ever trust politicians! Left or right, they're all the same! :eew:


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◇ The Diamonds teach us to enjoy that we gain.
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uspe
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11 Jun 2019, 8:41 pm

uspe wrote:
uspe wrote:
first of all , you look at the yield curves and you ask yourself , after all that bond-buying QE for years , whatever the yield curves may seem like, how much is the fed influencing it and how much is the free market influencing it and how much has the fed distorted the free market?


https://www.scmp.com/economy/china-econ ... ee-four-us

from now on if things falter, trump blames yellen for raising rates too fast and yellen blames trump for trade war escalations .


petetrash1@******
They raising rates to crash the economy, just to take out Trump.
7 months ago
REPLY 6

jccwyu@******
@petetrash1@****** Exactly said
7 months ago
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the bond-buying QE .. the QE has been distorting the bond .. then unwinds the balance sheet .. now the QE having distorted the bond now distorts the balance sheet which distorts the yield curves .. then canada's yield curves inverted too, is it a fair parallel ruler or is it because of trade escalation? canada is like 170% rn, if andrew scheer comes up, more tax cuts and less welfare ! australia get ready .