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

[Micawber]

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.

Where I think you and Jarod are both right is that capitalism is more efficient to improvise throughout the supply chain, at every link, if you will. A managed economy
is stultified and resistant to change. That, to me, is the "invisible hand " metaphor. And your part about great problems requiring great solutions I also endorse.
Behaviors can't be modified as smallball, we need systemic carrots and stick that can only be practically and ethically provided by democratic governments.

 

[Into the Night]

and you are so devoted to those answers you refuse to repeat them for me


I never saw them


you never gave them

you cant produce an answer

You are merely lying

Repetitious question already answered.

 

[Into the Night]

Where I think you and Jarod are both right is that capitalism is more efficient to improvise throughout the supply chain, at every link, if you will. A managed economy
is stultified and resistant to change. That, to me, is the "invisible hand " metaphor. And your part about great problems requiring great solutions I also endorse.
Behaviors can't be modified as smallball, we need systemic carrots and stick that can only be practically and ethically provided by democratic governments.

Manipulation of economies by a government is not capitalism. That is fascism.

 

[PoliTalker]

The problem with improperly regulated capitalism is it lets the greedy take advantage of the economically vulnerable.

The rich and greedy end up with most of the wealth, thus sucking that economic power out of circulation.

The result is a muted economy that struggles, compared to what it could be if more wealth was in circulation.

This produces extreme wealth inequality, a very bad thing. Great amounts of potential productivity are wasted.

Extreme wealth inequality holds us back from what we could be accomplishing as a nation.

The darker forces of greed seek to limit education. They perceive that it is easier for them to dominate the economy if most people are dumb and not well informed. The consequences of this are that the nation is held back from it's potential, prevented from improving greatness. Worse, this makes a capitalist nation less competitive against a powerful communist nation like China.

We need to be at our best when competing against world powers. Allowing legalized corruption of letting big money to buy influence over our government weakens our nation.

We have everything to gain by creating proper and effective regulation of harmful capitalism.

Good regulation = making America greater.

 

[CFM]

You hit on it with ethics and morality, which need to serve as as the necessary check, unfortunately, both are at a low level today, and having a President who models the opposite doesn't help, how many times have you seen the predictable response to questioning Trump's behavior, "he didn't break any laws did he?

You're one of those idiots that automatically thinks someone being successful using the principles of capitalism cheated someone else, was corrupt, or did things from greedy motivation. That's likely because you're a failure in life and have to blame someone else for your ineptness. Most of your kind that support the types of things you support expect others to do for them.

 

[MAGA MAN]

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...

The problem...

Human greed that leads to corruption.

We need a force to counteract the harmful effects of detect, corruption and excessive greed. This idea does not work, when corruption is allowed. 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.

^ Doesn't know about review sites on the interwebs.

 

[Into the Night]

The problem with improperly regulated capitalism is it lets the greedy take advantage of the economically vulnerable.

Nope.Capitalism provides no advantage for anyone. Anyone can join the profit party!

The rich and greedy end up with most of the wealth, thus sucking that economic power out of circulation.

Nope. Capitalism creates wealth. It is the only economic system that does.

The result is a muted economy that struggles, compared to what it could be if more wealth was in circulation.

Nope. Capitalism builds whole cities out of the wilderness. It provides whole new industries where none existed before. Anyone can play.

This produces extreme wealth inequality, a very bad thing. Great amounts of potential productivity are wasted.

Nope. Capitalism CAUSES productivity. The only inequality is the initiative of people wanting to be productive and the corresponding difference in wealth as a result.

Extreme wealth inequality holds us back from what we could be accomplishing as a nation.

Nope. Anyone can play the capitalist game. Wealth is created.

The darker forces of greed seek to limit education. They perceive that it is easier for them to dominate the economy if most people are dumb and not well informed. The consequences of this are that the nation is held back from it's potential, prevented from improving greatness. Worse, this makes a capitalist nation less competitive against a powerful communist nation like China.

It is fascism and liberal thinking that limits education. The current state of our schools and colleges stand as testament to that. China's economy is quite small, especially when you compare to per capita wealth. Indeed, its in danger of collapsing almost entirely.

We need to be at our best when competing against world powers.

We already are, us and other nations that practice capitalism on a wide scale.

Allowing legalized corruption of letting big money to buy influence over our government weakens our nation.

That is not capitalism. That is bribery to induce fascism.

We have everything to gain by creating proper and effective regulation of harmful capitalism.

There is no harmful capitalism.

Good regulation = making America greater.

Capitalism requires no regulation. Regulations against capitalism only serve to implement socialism.

 

[Into the Night]

You're one of those idiots that automatically thinks someone being successful using the principles of capitalism cheated someone else, was corrupt, or did things from greedy motivation. That's likely because you're a failure in life and have to blame someone else for your ineptness. Most of your kind that support the types of things you support expect others to do for them.

Bingo.

 

[PoliTalker]

Capitalism is like an outdoor campfire with lots of people around it. But a few people close to the fire have gathered most of the wood to themselves, leaving very little for others to put on the fire. So it's really only warming the ones who are closest to it. They are purposely keeping the fire to their liking, and hording the wood. The fire could warm everybody if it was allowed to have more wood, but the greedy ones are too busy protecting their position to allow that and besides, if the fire got too hot it would burn them and they would have to back away from it which would put them more in the same position as most of the people; and they don't want that. They like being the selective few and they like being in control.

So here we have a situation where a lot more could be produced in the way of heat, but greed prevents it from living up to it's true potential.

Just like the fire could be a lot bigger with more wood spread around, the economy could be much bigger with more wealth spread around.

The rich are too busy making their own slice of the pie bigger by denying others to realize they could actually make the whole pie bigger and that would give them and everybody else more.

Can you say 'chintzy?'

 

[Gonzomin]

Capitalism naturally morphs into a monopoly and controlling markets. In 1900 the sins of Capitalism were revealed and Teddy Roosevelt went on a trust-busting crusade. It has always been clear that the top will loot and cheat.
Regulation and control over corporations is for the benefit of the poor and weak. Corporations have always lied and cheated. Big PHARM has just been the latest example. Lives mean nothing when profit is concerned. How anyone belives regulation is the problem is a mystery. We need to fight companies for a cleaner environment and fair treatment of workers. The wealthy do not care about workers or citizens at all. Trump shows that too.

 

[CFM]

Capitalism is like an outdoor campfire with lots of people around it. But a few people close to the fire have gathered most of the wood to themselves, leaving very little for others to put on the fire. So it's really only warming the ones who are closest to it. They are purposely keeping the fire to their liking, and hording the wood. The fire could warm everybody if it was allowed to have more wood, but the greedy ones are too busy protecting their position to allow that and besides, if the fire got too hot it would burn them and they would have to back away from it which would put them more in the same position as most of the people; and they don't want that. They like being the selective few and they like being in control.

So here we have a situation where a lot more could be produced in the way of heat, but greed prevents it from living up to it's true potential.

Just like the fire could be a lot bigger with more wood spread around, the economy could be much bigger with more wealth spread around.

The rich are too busy making their own slice of the pie bigger by denying others to realize they could actually make the whole pie bigger and that would give them and everybody else more.

Can you say 'chintzy?'

It's not greedy to use the wood YOU gathered while expecting others to do the same. Greed comes in when those too fucking lazy to do for themselves demand those that did be forced to provide for their lazy asses. As far as I'm concerned, if you're not willing to do for yourself, you can starve, freeze, or suffer any other consequence of your unwillingness to provide for yourself.

It's not my responsibility to make your piece of the pie bigger. It's yours. If you're not willing, do without. If you're not capable, better yourself.

 

[Teflon Don]

Where did I suggest we should engage in price caps? If my clients do not like what I charge, they are free to negotiate or go elsewhere, Sometimes I agree to a reduced fee, if there are circumstances that I believe justify it. Sometimes I unilaterally cut my fee. I recently refused to take a fee on a case because it did not seem right. Once I refused a three thousand dollar fee that I had earned, the client was so grateful she has sent me over $100,000 worth of work over the years.

The Bar Association requires that I do not charge an "excessive fee", and I never do. If I did, I could get disbarred and lose my right to practice law. In Medical Malpractice cases or cases against the State, my fee is capped by the government. The result is that it is often difficult to find an attorney who will sue the government or take on a medical malpractice case.

You want control over the market. You don’t believe you can operate in an honest fashion or that consumers are smart enough to make their own decisions in a free market

It can’t be free market for thee and not for me

You want regulation of the market? Fine we start with lawyers.

The ONLY way a company can truly be corrupt and survive is with the help of the gobblement which YOU love

You see busy body fucks like you look around and see “injustice” you want to correct with gobblement. You want other businesses corralled but you never want the same practices applied to you. Lawyers are the biggest special interest in the country and are in the back pocket of the democrat party

PS

fuck off and die

 

[Teflon Don]

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

They fucked themselves. They should have done more due diligence.

They made a poor business decision. Happens all the time. Thanks to all of the regulations you leftists love, you create too many barriers to entry for small businesses to get started with all of your fucking licensing, and permits and fucking inspections and regulations.

You fucking dipshit leftists are something else. You scream and stomp your feet for all of these regulations and laws and then you bitch and moan about the negative consequences of the very shit you asked for

It is like a crack addict whining about the crack pipe. But you know about being a crack addict don’t you crack whore?

 

[Teflon Don]

NOPE


when properly controlled and fettered by regulations, policing and taxing it is a thing of beauty


The power of a better idea.


IT NEEDS RULES


POLICE


AND A WAY TO MAKE IT PAY FOR ITS REGULATION AND THE WARE AND TEAR ON THE INFRASTRUCTURE



Capitalism is NOT an automatic setting like the idiots on the right claim it is



there IS NO AUTOMATIC SETTING


capitalism isn't for idiots


It takes Adults to operate it

You are stupid

 

[PostmodernProphet]

can can tell me of any other type of economic system that works in the absence of honesty and integrity?.......

 

[PostmodernProphet]

The problem with improperly regulated capitalism is it lets the greedy take advantage of the economically vulnerable.

that would be true of improperly regulated everything......improperly regulated socialism........improperly regulated communism.....obviously the issue is whether some regulations are proper.........the problem as, as you move away from capitalism and toward communism, you also end up with the regulator being the owner of the business......who regulates the regulators?......

 

[countryboy]

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

Fixed it for you.

 

[Jarod]

You want control over the market. You don’t believe you can operate in an honest fashion or that consumers are smart enough to make their own decisions in a free market

It can’t be free market for thee and not for me

You want regulation of the market? Fine we start with lawyers.

The ONLY way a company can truly be corrupt and survive is with the help of the gobblement which YOU love

You see busy body fucks like you look around and see “injustice” you want to correct with gobblement. You want other businesses corralled but you never want the same practices applied to you. Lawyers are the biggest special interest in the country and are in the back pocket of the democrat party

PS

fuck off and die

Legal services by lawyers is one of the most regulated industries there is.

Almost every component of a law practice is regulated. There are caps on how much we can charge, limits on how we procure new clients. Strict rules about advertising. Rules about how we communicate with other lawyers, rules about how we communicate with judges, rules on how we dress. There are rules on who we can sell our business to, and rules about who can own our business, there are rules about what we can name our business, there are rules about who we can except as a client. There are a multitude of rules, because they are necessary.

 

[Teflon Don]

Legal services by lawyers is one of the most regulated industries there is.

Nope. Not if they can gouge victims of 40% of their money

That is price gouging. Bigger margins than Big Oil

You scam people. We need to nationalize your service. It is only fair

 

[Jarod]

Nope. Not if they can gouge victims of 40% of their money

That is price gouging. Bigger margins than Big Oil

You scam people. We need to nationalize your service. It is only fair

There are very strict rules about when you can charge 40% and almost never could we ever charge more. Plenty of businesses have much more than a 40% markup on their product.