capitalism

Out of context: Reply #426

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  • locustsloth0

    The quagmire we are in right now is du partly to what happens to capitalism when the government is NOT involved. Left to their own devices, people will seek to make the most amount of money with the least amount of effort. THis creates a greater ROI, which is what capitalism is all about.
    What capitalism has nothing to do with is the actual people embroiled in it. To the idea of capitalism, the people are an abstraction, a bunch of stats on a spread sheet, potential funders. And so, those who practice capitalism to it's fullest don't give a flying fuck if they're jeopardizing peoples' nest egg, so long as what they're doing has the potential to make them rich.
    Not to say that all capitalists act this way, but without judicious, meaningful regulation from the government, those who will profit at any cost, will and can.

    • so capitalism has no problems its the greedy peopel takign advantage of... the system(gov) CDOs, interest rates, lobbyists
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    • that gov is not involved is argueable. it does matter in the context. fannie mae + low interest rates very bad
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    • im a believer in free market mentality will regulate itself, unless monopolization of nec material by a greedy fuck
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    • of course the market isnt free and hasnt been forever with subsidies to certain sects and not other based on lobby dollars
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    • its all jsut blanket shit to blame a whole. and is great to take attention away from those being elected controlling and makign the rules
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    • making rules who think they can plan for any and also instances. yes they can boost econ in times but for every unnatural boost
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    • unnatural boost there is a larger longer crash
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