Capitalism only works with honesty and integrity... otherwise only the corrupt rise.

I knew a guy that started a business related to the work he did in the military


He and a few fellow war vets came together and started the business


it was doing VERY well as it was an awesome idea involving the protection of shipping vessels


None of them had enough money on hand to expand when it was NEEDED so they went public


within weeks some big guy bought a controlling interest and heaved every one of the Vets who started the business


They were out all their efforts and investments


fucked them good

Oh well. They learned the hard way about selling the farm.
 
NOPE
when properly controlled and fettered by regulations, policing and taxing it is a thing of beauty
That is not capitalism.
The power of a better idea.
Is great if you develop it. That's the heart of capitalism.
IT NEEDS RULES
Nope. No rules needed.
Nope. No police needed. Capitalism does not need police at all. Police are for protecting society, not an economic system.
AND A WAY TO MAKE IT PAY FOR ITS REGULATION AND THE WARE AND TEAR ON THE INFRASTRUCTURE
Regulation is not capitalism.
Capitalism is NOT an automatic setting like the idiots on the right claim it is
There is no 'setting'. No one needs to manage capitalism.
there IS NO AUTOMATIC SETTING
There is no 'setting'.
capitalism isn't for idiots
Sure it is. Even idiots can participate in capitalism. Heck, even YOU can participate in capitalism (that is, if you want to!).
It takes Adults to operate it
Nope. Even children can participate in capitalism. Remember that next time you buy Girl Scout cookies or see a kid mowing a lawn for pay.
 
when has an unfettered capitalist nation ever worked as you claim it will idiot?



what you defend has never existed for good reasons shit brick
 
I think that, with the best will in the world, capitalism doesn't work at all.
It works all the time. It worked to build the cities, the food you eat, the computer you are typing on, the network it's connected to, the software it runs, the display you are viewing this on right now, your cell phone, etc.
If it ever produces enough of anything, for instance, the price falls and production stops.
Nope. Production doesn't stop. Capitalism creates wealth. Production simply moves on to the next product.
Competition always leads to war,
Nope. Shortages lead to war. Shortages caused by socialism.
though various excuses are (naturally) always given.
It's the same cause each time, even for so-called religious wars.
It cares nothing for the state of the world, only for profit.
The path to peace is profit. You don't shoot your customers.
Does it produce a lot?
Yes, and it continue to produce more and more.
In its productive phase it produces hugely, but then it stops and throws us out of work.
There is no 'phase'.
In my view, it is a necessary stage, and we outlived it years since.
Nope. We still use capitalism. Socialism couldn't exist without it! Socialism has to have someone producing wealth before socialism can steal it.
It's showed us how to produce all we ever need, but stops us doing it.
No, it doesn't.
 
Its a tool not an automatic setting
It works if you use that tool correctly
it needs to be properly fettered
that fettering can be adjusted with the circumstances if the economy
its an awesome part of a free nation

Capitalism is not a tool. It's an economic system. The only economic system that creates wealth.
Fettering it is not capitalism. That is fascism. Fascism is NOT part of a free nation. Capitalism is.
 
you want the USA to deregulate all capitalism


when has that ever been a good thing for a nation to do?

cite some history
 
Capitalism has to work for everybody, or it is a failure!

If Capitalism only works for those who own and manage business, why would the working man or consumer, give one squirt of runny crap about capitalism?

An elected Congress can create a standard for business, that requires Business to follow, in order to legally conduct business here in the USA, in the way they pay taxes, collect taxes, conduct hiring practices, and pay fair wages that keep up with inflation and company profits.

Just as there are standards for workers such as having a SS card, Green Card, Current Identification, being able to pass drug tests, providing a background check, or having a college degree, or High School degree.

Rules are not just for the workers- Companies already have to follow certain rules set up by Congress in order to legitimately be called a legal business.

If the president can charge companies tariffs, Congress can surely set some business standards as well.
 
you want the USA to deregulate all capitalism


when has that ever been a good thing for a nation to do?

cite some history

There are no regulations on capitalism. Capitalism simply is. All regulations do is reduce capitalism, often in favor of socialism.

Already cited. Repetitious question already answered.
 
Capitalism has to work for everybody, or it is a failure!

If Capitalism only works for those who own and manage business, why would the working man or consumer, give one squirt of runny crap about capitalism?

An elected Congress can create a standard for business, that requires Business to follow, in order to legally conduct business here in the USA, in the way they pay taxes, collect taxes, conduct hiring practices, and pay fair wages that keep up with inflation and company profits.

Just as there are standards for workers such as having a SS card, Green Card, Current Identification, being able to pass drug tests, providing a background check, or having a college degree, or High School degree.

Rules are not just for the workers- Companies already have to follow certain rules set up by Congress in order to legitimately be called a legal business.

If the president can charge companies tariffs, Congress can surely set some business standards as well.

There is a difference between a standard (such as a standard for screw threads) and regulations that curtail and reduce capitalism. No government is required for capitalism.
 
Hello Jarod,

The beautiful idea of capitalism is that if the government stays out of managing business, needs will be awoken by the market and the most efficient at providing those needs will prosper, and on paper, in theory this is absolutely true.

No, it isn't. Capitalism absolutely must be well regulated. Government is the only entity that can do that.

Its really a beautiful thing the idea that left alone the market will sort itself out.

It's a myth. What will happen is the most powerful and immoral will crush the rest. They can't resist.

It illustrates the hand of God in the equation, things do not need to be managed...

I don't see God having anything to do with it. We are on our own. Whatever happens to we humans is up to we humans. The market with God's influence and the market without God's influence look exactly the same to me.

The problem...

Human greed that leads to corruption.

Thank you. That's why there is no such thing as the free market. It must have rules; AND enforcement of those rules.

We need a force to counteract the harmful effects of detect, corruption and excessive greed.

Exactly!

This idea does not work, when corruption is allowed.

It will never work because there is always corruption. That's why we need regulation.

IN a world where unethical behavior is allowed and hidden from the public, the most corrupt succeeds over and above the best or most efficient. When large corporations collude to fix prices, form monopolies and use tactics such as built in obsolescence the market is left with the most corrupt rising to the top, not the best. When an uneducated public is left with fewer choices in the market, or when they are lied to with marketing tactics the beauty of capitalism is corrupted. This is why American has, in many markets, lost its edge. This is why other systems beat us with superior products. This is why an incompetent trust fund baby is wealthy while the hard working intelligent person born into poverty does not rise to the top.

The dream of capitalism is sullied by corruption.

The real beauty of capitalism is the lure of reward for hard work. It is the return on the investment of time, effort and/or wealth. Capitalism is a great motivator. But it is only a motivator for business owners and investors.

Most workers have a different motivation. They are not motivated by rewards as much as they are motivated by job security. Workers work hard because they don't want to lose their job. They can't afford to suddenly lose income, (most workers live paycheck to paycheck) so they know they have to keep up the pace and not be singled out for lack of performance. Most workers don't have much to look forward to as far as thinking if they work hard they will get raises and be rewarded for their hard work. Oh sure, those with the better jobs hope for that and it might happen, (usually not) but there is a very large segment of workers who have zero hope nor expectation of a raise. They work so they don't get fired. That's their motivation. They know they make their deal on the way in and, once done, they are pretty much stuck with it.

The corruption aspect of it acts in two ways.

1. For those who suffer as victims of corruption (most of the populace to one degree or another) it is a definite turn-off for capitalism. Why try to start a small business when the deck is stacked so heavily against you? Big powerful players in the market are ready and willing to crush you. And they have government on their side. They'll eat you up like there's nothing to it, scratch your name off the list of competitors and move quickly on to the next one. Better to greatly reduce your risk and just take a job working for somebody else. That's what most pragmatic people do. And the health care attachment to employment about seals that deal for anybody who is on the fence.

2. For those who have nefarious tendencies the corruption is seen as a huge opportunity. If you can get some kind of immoral leverage and use it, you can multiply your return. For greedy people, this is irresistible. And that is why we have so much corruption. They just don't love their neighbor. They want to take advantage of their neighbor. They don't care at all what happens to other people.

Trump is the epitome of that kind of thinking.
 
THis is why I believe well regulated Capitalism is best, but the regulation is essential. We need policies to prevent monopolies, criminals and trust fund baby's from running the world.

And transparency. Integrity would form or manifest in communistic type altruism, an ideal state rather than something which can exist. ( A pipe dream)
Last I checked there were and never have been Jesus' in this world. Every single person in need in the world can be counted on to lie cheat and steal
at some time or other in their own best interests if they believe it will go undetected. If one professes to not agree with that, one is naïve beyond belief
or lying. The transparency provides the likelihood of detection and regulation the mechanism and conditions for it to exist and remedy for breaches.

As you mentioned monopolies, price fixing, defective dangerous products, pollution, currency manipulation, stock swindling, risky behavior by too huge to fail banks,
payoff, kickbacks, pay to play, political bribery, all of it will be mitigated, never cured, with transparency and regulation by democratic institutions.
Without that, we are just a huge mafia run banana republic. And that is what many Repukes either want or don't care about or don't understand.

That's what Republicans attack all the institutions established to foment it. They want to control shit, form their little in clubs and they sure don't want anyone to see what they are
up to. The teaming hordes of poor Trumptards are simply ignorant suckers.
 
Capitalism has to work for everybody, or it is a failure!

If Capitalism only works for those who own and manage business, why would the working man or consumer, give one squirt of runny crap about capitalism?

An elected Congress can create a standard for business, that requires Business to follow, in order to legally conduct business here in the USA, in the way they pay taxes, collect taxes, conduct hiring practices, and pay fair wages that keep up with inflation and company profits.

Just as there are standards for workers such as having a SS card, Green Card, Current Identification, being able to pass drug tests, providing a background check, or having a college degree, or High School degree.

Rules are not just for the workers- Companies already have to follow certain rules set up by Congress in order to legitimately be called a legal business.

If the president can charge companies tariffs, Congress can surely set some business standards as well.

they want to ride the bike

but they don't want to have handlebars, brakes and peddles


they think the bike will do all that its self
 
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The beautiful idea of capitalism is that if the government stays out of managing business, needs will be awoken by the market and the most efficient at providing those needs will prosper, and on paper, in theory this is absolutely true. Its really a beautiful thing the idea that left alone the market will sort itself out. It illustrates the hand of God in the equation, things do not need to be managed...

Any system depending on help from an invisible man in the sky is fucked from day one.

Capitalism is just like socialism...they're both segments of a balanced economy. No matter who wins in 2020, we're still going to have both public and private sectors, ie, socialism and capitalism.

What we need to catch up to the civilized world is a more comprehensive public sector and a more regulated private sector--in other words, a little bit more socialism. Otherwise, we're a full blown third world banana republic within a couple more generations at the most.

Human beings are just one of the more advanced (except for Republicans) species in the animal kingdom. We're not spiritual beings naturally looking to do the right thing. We're not even as good as dogs at doing that.

We depend on collective needs as a society to be motivated into doing the right thing. In other words, what's bad for the common good must be discouraged on a societal level. Political conservatives and evangelicals do everything in their power to get in the way of that dynamic. That's why intelligent people must prevail over them.
 
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