Anonymous
05/15/2024 18:43
Subject: Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:“The worst economic system available, except for every other economic system ever devised”.
This. It sucks sometimes - but it’s still better than literally everything else.
The Nordic System- capitalism paired with a welfare state and heavy regulation- seems to have resulted in better outcomes by just about every measure than pure capitalism
That’s all well and good when you have a monolithic society in terms of race, culture and ideology, and a Teutonic work ethic that necessitates discipline and preparation for survival of the long winters with a short growing season.
When you have a bunch of people who are all alike and have a societally ingrained predisposition to really hard work, it’s easy to understand how such nations made their respective systems work.
We don’t have a monoculture like the Scandinavians do. We’re composed of people from all over the world. And many of them are from places where the growing season is year-round and doesn’t require the advanced planning mentality of the high latitudes. Good luck using a Scandinavian economic model here. It won’t work. Americans are too different and divergent.
Your dog whistle is showing
No one cares about diversity in real life. We are just conditioned to say we do. Not just about race and sometimes not about race--class comes into play. I would truly love to live only around upper middle class black people (real upper middle class not PG County upper middle class) but that is not possible.
Speak for yourself. And, I’m not talking about diversity. I’m talking about making broad and racist generalizations like Nordic countries work hard.
Anonymous
05/15/2024 18:30
Subject: Describe capitalism in one sentence
The way to maximize production is to maximize the incentives to production and the way to do that, as the modern world has discovered, is through the system known as capitalism—the system of private property, free markets, and free enterprise.
Anonymous
05/15/2024 10:40
Subject: Describe capitalism in one sentence
Money vs Empathy
Anonymous
05/15/2024 10:15
Subject: Describe capitalism in one sentence
Capitalism is wonderful.
Anonymous
05/15/2024 08:25
Subject: Describe capitalism in one sentence
I don't need it, I don't have money for it, but I have to keep the economy moving...
Anonymous
05/15/2024 08:24
Subject: Re:Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I wish we were more capitalist so rich a-holes actually went broke instead of declaring bankruptcy and getting bailouts.
THIS. Seriously, we prop up failing industries and companies in this country, which then they go on to screw over consumers when they are healthy again, while the leaders decry anyone who isn't making millions as "takers" or worse.
Tax the rich. For crying out loud, tax the rich.
This coming from someone whose HHI places me firmly in the .1% It is an outrage how the system benefits me and not people who actually need it.
No. Don’t tax the rich but let the failures die. We need to get rid of deposit insurance and we would be half way there. Know the risks you take and roll with them.
We can do both! But right now we subsidize the rich and the failing.
That's it! Capitalism: socialized costs, privatized profits.
Up taxes but only if we fire all of the government employees (or take away their ability to vote) and use AI programmed to be efficient instead. Part of the problem with government is the people running it. Our government employees are just awful.
Anonymous
05/15/2024 08:21
Subject: Re:Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I wish we were more capitalist so rich a-holes actually went broke instead of declaring bankruptcy and getting bailouts.
THIS. Seriously, we prop up failing industries and companies in this country, which then they go on to screw over consumers when they are healthy again, while the leaders decry anyone who isn't making millions as "takers" or worse.
Tax the rich. For crying out loud, tax the rich.
This coming from someone whose HHI places me firmly in the .1% It is an outrage how the system benefits me and not people who actually need it.
No. Don’t tax the rich but let the failures die. We need to get rid of deposit insurance and we would be half way there. Know the risks you take and roll with them.
We can do both! But right now we subsidize the rich and the failing.
That's it! Capitalism: socialized costs, privatized profits.
That’s not capitalism. That is captured government. But, Socialism is socialized costs and socialized failures so at least there are some profits.
Anonymous
05/15/2024 01:05
Subject: Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:“The worst economic system available, except for every other economic system ever devised”.
This. It sucks sometimes - but it’s still better than literally everything else.
The Nordic System- capitalism paired with a welfare state and heavy regulation- seems to have resulted in better outcomes by just about every measure than pure capitalism
That’s all well and good when you have a monolithic society in terms of race, culture and ideology, and a Teutonic work ethic that necessitates discipline and preparation for survival of the long winters with a short growing season.
When you have a bunch of people who are all alike and have a societally ingrained predisposition to really hard work, it’s easy to understand how such nations made their respective systems work.
We don’t have a monoculture like the Scandinavians do. We’re composed of people from all over the world. And many of them are from places where the growing season is year-round and doesn’t require the advanced planning mentality of the high latitudes. Good luck using a Scandinavian economic model here. It won’t work. Americans are too different and divergent.
Your dog whistle is showing
No one cares about diversity in real life. We are just conditioned to say we do. Not just about race and sometimes not about race--class comes into play. I would truly love to live only around upper middle class black people (real upper middle class not PG County upper middle class) but that is not possible.
Anonymous
05/15/2024 00:44
Subject: Re:Describe capitalism in one sentence
It is a market-based economy.
Anonymous
05/14/2024 22:45
Subject: Re:Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:Anonymous wrote:I wish we were more capitalist so rich a-holes actually went broke instead of declaring bankruptcy and getting bailouts.
THIS. Seriously, we prop up failing industries and companies in this country, which then they go on to screw over consumers when they are healthy again, while the leaders decry anyone who isn't making millions as "takers" or worse.
Tax the rich. For crying out loud, tax the rich.
This coming from someone whose HHI places me firmly in the .1% It is an outrage how the system benefits me and not people who actually need it.
No. Don’t tax the rich but let the failures die. We need to get rid of deposit insurance and we would be half way there. Know the risks you take and roll with them.
We can do both! But right now we subsidize the rich and the failing.
That's it! Capitalism: socialized costs, privatized profits.
Anonymous
05/14/2024 22:08
Subject: Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:“The worst economic system available, except for every other economic system ever devised”.
This. It sucks sometimes - but it’s still better than literally everything else.
The Nordic System- capitalism paired with a welfare state and heavy regulation- seems to have resulted in better outcomes by just about every measure than pure capitalism
That’s all well and good when you have a monolithic society in terms of race, culture and ideology, and a Teutonic work ethic that necessitates discipline and preparation for survival of the long winters with a short growing season.
When you have a bunch of people who are all alike and have a societally ingrained predisposition to really hard work, it’s easy to understand how such nations made their respective systems work.
We don’t have a monoculture like the Scandinavians do. We’re composed of people from all over the world. And many of them are from places where the growing season is year-round and doesn’t require the advanced planning mentality of the high latitudes. Good luck using a Scandinavian economic model here. It won’t work. Americans are too different and divergent.
Your dog whistle is showing
The truth hurts. Monocultural countries with common values are the happiest and most functional.
Anonymous
05/14/2024 21:26
Subject: Re:Describe capitalism in one sentence
People who lack the capacity to earn a decent living need to be helped, but they will not be helped by minimum-wage laws, trade-union wage pressures or other devices which seek to compel employers to pay them more than their [labor] is worth. The more likely outcome of such regulations is that the intended beneficiaries are not employed at all.
Anonymous
05/14/2024 20:38
Subject: Re:Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:I wish we were more capitalist so rich a-holes actually went broke instead of declaring bankruptcy and getting bailouts.
THIS. Seriously, we prop up failing industries and companies in this country, which then they go on to screw over consumers when they are healthy again, while the leaders decry anyone who isn't making millions as "takers" or worse.
Tax the rich. For crying out loud, tax the rich.
This coming from someone whose HHI places me firmly in the .1% It is an outrage how the system benefits me and not people who actually need it.
No. Don’t tax the rich but let the failures die. We need to get rid of deposit insurance and we would be half way there. Know the risks you take and roll with them.
Anonymous
05/14/2024 20:36
Subject: Re:Describe capitalism in one sentence
Anonymous wrote:Anonymous wrote:
The great danger to the consumer is the monopoly— whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him.
That is not capitalism.
What about bankruptcy laws and bailing out banks when they are about to fail?
That’s not capitalism either
We made a ton of money off of the banks. I am not sure if we have recovered the GSE money but of course those politicokleptonoms took longer to turn things around.