Capitalism is killing America

[MeachTheMonster]

yeah and people taking home loans they knew they couldn't afford wasn't any part of it.

You are right they were part of it, but that still points back to the flaws of a capitalist society.

 

[It Takes A Nation...]

All things in moderation. However, humans get greedy. It's like that dude who rushes to the casino to gamble away his whole paycheck. He'll start off making a little lucci, then suddenly he'll start losing. He won't be able to accept it, so he'll drop a little more money on it. Then a little more. Now he's hooked, he's got to get that feeling back, that feeling of winning. Next thing you know he's calling his wife on the phone and saying, "honey I'm so sorry but I lost the mortgage payment this month." It's so demonic, friends!

 

[Loose]

you really going to name EU countries? if anything their social welfare states have created the mess they're in.

EU is a new born baby their issues have nothing to do with there ideology of social welfare

 

[Domingo Halliburton]

EU is a new born baby their issues have nothing to do with there ideology of social welfare

I was talking about most of the countries you named that belong to the EU. I don't know what your idea of a "successful" country is, but accepting loans by the IMF and ECB at ridiculous rates then getting forced into austerity cuts isn't exactly my idea of success. And yes, a lot of their problems are due to their social welfare that they are now unable to pay for.

 

[SumBlackguyz]

correction, crony capitalism is killing the WORLD

 

[VerbalIntercourse]

Don't get me wrong I do think a capitalist society is the way to go, but as of right now in American history the capitalism is holding us back.

Most people agree on the things that we need to improve in order to move the country forward. Energy, Education, healthcare, Gov resources, infastucture, tax code, and on and on. The only thing all these issues have in common is that we can't get any of them done due to capitalisms hold on the American government.

They say money is the root of all evil, and America has been concerned only with money for a long time. It's time for a change. We need to do what's right for our country not our bank accounts.

Thank you
*steps off soapbox*

You got to have it one way or the other-- Capitalism or full-on socialism.

Socialism will just have one result in the Long-term and that is what has happened in Europe and American. The corporations (mainly finance and Arms manufacturers) have their hands in all branches of government because they want control the regulatory environment.

I was just interviewing with a firm, and the General Partner and founder of the firm is constantly in Washington lobbying to keep certain regulations in place because his firm greatly benefits from those regulations.

 

[MeachTheMonster]

You got to have it one way or the other-- Capitalism or full-on socialism.

Socialism will just have one result in the Long-term and that is what has happened in Europe and American. The corporations (mainly finance and Arms manufacturers) have their hands in all branches of government because they want control the regulatory environment.

I was just interviewing with a firm, and the General Partner and founder of the firm is constantly in Washington lobbying to keep certain regulations in place because his firm greatly benefits from those regulations.

so it's socialism fault that corporations run the country.

 

[VerbalIntercourse]

so it's socialism fault that corporations run the country.

Regulatory capture - Wikipedia, the free encyclopedia

Regulatory capture occurs when a state regulatory agency, created to act in the public interest, instead advances the commercial or special interests that dominate the industry or sector it is charged with regulating. Regulatory capture is a form of government failure, as it can act as an encouragement for large firms to produce negative externalities. The agencies are called "captured agencies".

 

[MeachTheMonster]

Regulatory capture - Wikipedia, the free encyclopedia

^^^^^That's capitalism

if it were socialism the government would just run those agencies. You are only further proving my point. Wealthy people have such a hold on our politics that we are unable to make any move without their influence.

 

[unit321]

so instead of naming socialistic societys you went straight to communistic country's .
Australia, England, New Zealand, Holland, Norway, Sweden, Denmark, Germany, France, Finland, Italy, Portugal, Switzerland, Luxembourg are all successful countries. Hell most of the EU practices socialism and all are successful outside of a few countries.

Socialist countries are not against capitalism. Communist countries are against capitalism.

 

[Listen]

I just really dislike a lot of what the government does and I think markets left to themselves do things more efficiently.

Moderation is always the solution, and this country's emotional intelligence is being controlled by extremist viewpoints.

In economics, government intervention can do good, but too often it misses the mark because by the time they identify a problem in the market, it's already existed for an even longer amount of time. The bureaucracy it goes through to actual insert a fix causes the fix to come too late to positively effect the trend.

That doesn't mean the fix was a bad idea, it means the delivery method wasn't efficient enough.

Fix the process, don't ditch the method.

To the TS's point, unfettered capitalism exists nowhere and if not regulated leads to corruption and a extreme case of the have and have nots.

It's the reason our economy created trade laws such as Trademarks, patents and anti trust laws and our workforces have developed unions to protect their rights.

When the government DOESN'T enforce antitrust laws strongly enough, because policy makers are being influenced by the big business owners, monopolies happen like we have today where 90% OF everything you watch, read and hear is controlled by subsidiaries of 6 companies.

6.

Remind me how the country and it's citizens as a whole benefit from 6 HUGE companies controlling what they see and hear while investing the public's money into lobbying the politicians to keep the status quo?