capitalism
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- NBQ000
Never enough
- sofakingbanned0
I can haz money back???
- PonyBoy0
*see's metero-asian looking DJ spying on a diminutive Asian from pink prius... *pulls trigger, places gun back in holster and returns to church to make more money
- JSK0
"I blame all the fancy marketing that makes me want to buy things I don't need and can't afford."
Ironic. All the fancy marketing stuff created by people this board.
- ukit0
*hears gunshot from three blocks back, turns around just in time to see Dinky's gay stalker tumble out of his car onto the street as a man with a mullet toting a sawed off shotgun screams "YEAAHA" and flees the scene
- Game over. Pony will be Dungeon Master at next week's meeting.ukit
- completely deadified by laughterlocustsloth
- I have family who travel to Cuba to get procedures. They have excellent doctors.JonnyPompa
- JSK0
I thought it was BS. Very simplified theatrics.
It's good old passing the buck of blame. Gov't decided not to regulate esp in derivatives, banks sold crap to people who wanted it. People spending beyond their means. I think everyone has to take their share of blame.
"I bought a house that I couldn't afford but I am still entitled to this house so where is my bailout?"
"We sold stuff that we didn't understand its impact to broad impact but we made money so we kept pumping them"
"Why regulate when things are great, who cares about underlying issues"
- akrokdesign0
i just looked at that, today. looks pretty good.
- raf0
I loved in "Sicko", when he took an American woman to Cuba and showed her cry when she saw her $100 meds cost something like 15 cents there.
He conveniently forgot to add that Cubans make something like $15 per month.- actually cuba has very good doctors. maybe even better then the states.akrokdesign
- yeah but all the basic stuff cost very low. like a dollar.akrokdesign
- It all costs a dollar, basically. Much like a dollar store.max_prophet
- at least they know how to BOXing.akrokdesign
- ukit0
Yeah I didn't see his last two films, but I think this could be less controversial, seeing how most people are against the bailouts.
- ukit0
Everyone just wants to keep hearing the same shit. To a right wing, government is to blame for every single thing wrong, and always was, from the beginning of time. To a hippie, it's corporations.
If the problems of the world were so simple, believe me they would have been solved by now.
- uan0
- bliznutty0
Dodecahedron, what you need to understand is the difference between capitalism and corporatism. Corporate bailouts are corporatism/socialism not capitalism. Iraq War is also socialist/corporatist as it taxes liberty to spend on private venture elsewhere - that is corporatism. Capitalism being spread at gunpoint is no longer capitalism, its corporatism. These huge credit bubbles of our current economic housing crisis (and other bubbles) are created by direct intervention by the government through subsidies and other programs. let's face it though, if we are talking about corporatism then we both agree. we need to understand how corporatism and big government affects free markets and society. that should have been the point of Michael Moore's film, not how we should adopt socialism and think of 'capitalism' as a bad word
- now you are putting socialism and corporatism together...fuckedDodecahedron
- add fascists and you got a party.JSK
- you could easily put socialism and capitalism together. Already is in Canada and parts of EuropeDodecahedron
- is it not socialist to make the taxpayers pay for bailout programs. is it not corporatist to have the state in bed w/ the capitalistsbliznutty
- capitalists?bliznutty
- no these are all corpratist things. socialism has nothing to do with it, this is americanized rhetoric you are regurgitatingDodecahedron
- So what about UK? Isnt it monarchy?JSK
- NBQ000
Here he is again
- raf0
People tend to think that capitalism leads to monopolies and those need to be dealt with with antitrust laws.
Monopolies are like empires. They cannot last. They either crumble under their own gravity or get swept off their position by new players. For every Goliath there comes a David.This is particularly visible in IT related businesses, new companies emerge from an idea and turn markets upside down.
Look ad Adobe and how Dreamweaver is getting dethroned by likes of Coda and Espresso. It's only a matter of time that new Photoshop will come out of someone's garage.Just look at how Microsoft's IE struggles with open source browsers like Firefox or Webkit.
What happened with monopolies in the old days, before antitrust institutions?
From http://en.wikipedia.org/wiki/U.S…
"J. P. Morgan and Elbert H. Gary founded U.S. Steel in 1901 (incorporated on February 25) by combining the steel operations owned by Andrew Carnegie with Gary's Federal Steel Company and several smaller companies for $492 million. It was capitalized at $1.4 billion, making it the world's first billion-dollar corporation. At one time, U.S. Steel was the largest steel producer and largest corporation in the world. In 1907 it bought one of its largest competitors Tennessee Coal, Iron and Railroad Company which was headquartered in Birmingham, Alabama. This led to the company being listed on the Dow Jones Industrial Average, doing so by taking the place of Tennessee Coal, Iron and Railroad Company. The federal government attempted to use federal antitrust laws to break up U.S. Steel in 1911, but that effort ultimately failed. Time and competitors have, however, accomplished nearly the same thing. In its first full year of operation, U. S. Steel made 67 percent of all the steel produced in the United States. It now produces less than 10 percent.The Corporation, as it was known on Wall Street, always distinguished itself to investors by virtue of its size, rather than for its efficiency or creativeness during its heyday. In 1901, it controlled two-thirds of steel production. Because of heavy debts taken on at the company's formation — Carnegie insisted on being paid in gold bonds for his stake — and fears of antitrust litigation, U. S. Steel moved cautiously. Competitors often innovated faster, especially Bethlehem Steel, run by U. S. Steel's former first president, Charles M. Schwab. U. S. Steel's share of the expanding market slipped to 50 percent by 1911."
Time, competition, innovation – these factors are enough to erode monopolies on a free market.
- Said by a guy who lives in a world with a 40 hour work week. Very brave.TheBlueOne