Capitalism ≠ Corporatism

[tmonster]

capitalism is not a moral code

hence why it needs a leash?

 

[Rice N Beans]

Rather than debate this issue, let me try this. Corps run the govt. and write the regulations... who do you think these additional regulations you desire will benifit? who do you think the current number of regulations have benefited *looks at income disparity*... see the OP

The problem there isn't just the regulations though. The corporations are the problem along with the politicians. The cause is just as important as the effect.

For example, protecting private monopolies/duopolies for ISPs by not allowing city owned internet?

Protecting consumer ownership with the first sale doctrine?

Deregulation has some benefits, but it is VERY situational. Overall, rules help more than they hurt. If there are no rules, corporations would again stomp on everyone and everything. At least with regulation, there's the chance to protect provided the corruption isn't high enough.

 

[LordTaskForce]

See the OP

Libertarianism is more than just advocating for Laissez Faire Capitalism... but I actually agree with what you are saying.

I'm just playing devils advocate out here. I know you are a big guy on libertarianism thats why I threw it out there. There are some good aspects with libertarianism but I think its very limited in our society today. Small government in certain markets are great until people find a way to take advantage of that freedom. Mixed economy/government allows ideas like libertarianism, pure capitalism, "socialism" and democracy to work together and adapt quickly to what the market demands and how people behave.

 

[theworldismine13]

hence why it needs a leash?

i agree 100%, the leash is called individual rights and the rule of law

capitalism will devolve into monopolies and tyranny unless the individual is made supreme, politically speaking

 

[ghostwriterx]

Marx argued that capitalism, like previous socioeconomic systems, would inevitably produce internal tensions which will lead to its destruction. Just as capitalism replaced feudalism, he believed socialism would, in its turn, replace capitalism, and lead to a stateless, classless society called pure communism...
While surely not the same thing, it shouldnt be too hard to understand why they are placed in the same boat no?

No wonder the 1% treat it like the boogeyman.

 

[tmonster]

i agree 100%, the leash is called individual rights and the rule of law

capitalism will devolve into monopolies and tyranny unless the individual is made supreme, politically speaking

but corporations are individuals though....

 

[theworldismine13]

but corporations are individuals though....

not according to me tho lol

 

[DEAD7]

but corporations are individuals though....

 

[tmonster]

not according to me tho lol

very unpatriotic

 

[DEAD7]

crony capitalism

 

[tmonster]

so they are fires?

 

[DEAD7]

so they are fires?

Is that really what you took from that?

 

[tmonster]

Is that really what you took from that?

that's what he said breh

protip: whenever flowery language is used for concepts that are concretely understood and demand concrete understanding, shenanigans are afoot, I dare even say that anti-intellectualism is afoot

 

[Marvel]

well like i said, capitalism is not a moral code, im not here to argue about morals and your view of moral obligations is not a counterpoint to what i said

lets say capitalism requires group economics and morals, it doesnt, but lets say it does, how does that change anything i said

are jews and white people suppose to stop practicing capitalism because black people do not want to practice group economics

what im saying is any group, nation or community that doesnt practice capitalism will lose, and this whole fad of insulting capitalism will come back and bite people in the ass, especially black people who already practice the least amount of capitalism

the principles of capitalism will apply regardless of whether black people practice group economics or not

Dude, I was coming at your statement on black people and why they are behind on capitalism. Every group that is successful in capitalism practices group economics. Blacks owned more things in the private sector such as the Negro Leagues, busing/taxi companies, banks, etc back in the day because they practiced it. My parents came from Nigeria and there are many African owned businesses that we supported growing in Houston and they are still around. No Asian man, Indian or Arab have taken over them. We practiced group economics even if it meant we spent a little bit more. It employed people in the community as well. If my dad went to buy a car at a dealership he preferred a black salesman to get the sale. We even bought cars from Africans that bought from auto auctions and had their own lots to get around working with dealerships. My mother bought her poultry and food from a Ghanaian that raised his own chickens and turkeys. His customer base was primarily African. African food stores are not closing down because their people support those businesses. So even in this society we still find a way for capitalism to work for and not against the community. It was both an economic and moral obligation to support fellow Africans in this country. Every other group outside of black America that emigrates here thinks the same way.

 

[theworldismine13]

Dude, I was coming at your statement on black people and why they are behind on capitalism. Every group that is successful in capitalism practices group economics. Blacks owned more things in the private sector such as the Negro Leagues, busing/taxi companies, banks, etc back in the day because they practiced it. My parents came from Nigeria and there are many African owned businesses that we supported growing in Houston and they are still around. No Asian man, Indian or Arab have taken over them. We practiced group economics even if it meant we spent a little bit more. It employed people in the community as well. If my dad went to buy a car at a dealership he preferred a black salesman to get the sale. We even bought cars from Africans that bought from auto auctions and had their own lots to get around working with dealerships. My mother bought her poultry and food from a Ghanaian that raised his own chickens and turkeys. His customer base was primarily African. African food stores are not closing down because their people support those businesses. So even in this society we still find a way for capitalism to work for and not against the community. It was both an economic and moral obligation to support fellow Africans in this country. Every other group outside of black America that emigrates here thinks the same way.

i dont see what your point is, if you are saying that black people need to work together more in supporting black business then i agree, im not sure how that is counterpoint to anything im saying or have said, there is nothing that ive said that is going against people working together

capitalism means private property and free trade, it doesn't mean anything beyond that, there are all kinds of forms of capitalism and all kinds of ways to engage in it, "group economics" is not the opposite of capitalism

what i said is that any nation, group or community that doesnt practice capitalism will lose, you said that black people need to practice "group economics", what exactly are we disagreeing about?