reasons that capitalism is better than socialism...

[Oville]

Poisoning people is against the law, is your dumping toxins argument that govt. will turn a blind eye to the pollution? If so, even this concede govt. interaction.

You asked me what power would corporations have if there were no government. How could there be laws if there were no government. Who would enforce laws without government.

Monopolies are not inherently bad or good. This point is meaningless.

Lol the fukk. Ok nothing inherently bad about one for profit entity being the only producer of an essential resource or consumer item. Giving them all the leeway to raise prices all they want because they don't have to compete. Even Ron Paul would be disappointed with you on this one.

Somalia's govt. was deliberately destroyed not by anarchists, but by the u.s. military. The chaos that ensued and continues, is the direct result of govt. intervention. Ours to be exact.

Take off your govt. loving glasses

Won't argue that it was the result of our government but look at what you just said. Because a country's government was deliberately destroyed the country went into chaos. Don't absolve corporations from the influence of foreign interests. The United States is the unique empire that doesn't expand by directly ruling a country but ensuring that their corporations retain influence over that country's resources. Read the book confessions of an economic hitman and look at the influence that corporations like United Fruit had in Latin American interventions. Muhammad Mossadegh was overthrown because he nationalized Oil Refineries owned by the U.S. and England. Do you think we fought the Cold War with the Russians because we were afraid that they felt communism was evil? They were really worried about the nationalization policies that come from communism that would kick out the privately owned businesses. The greed of government led to the colonization of nations in past centuries but in our modern world, its clear that the government is working for corporations and that greed is driven by capitalism and the desire to make profits at the end of the day.

 

[DEAD7]

The greed of government led to the colonization of nations in past centuries but in our modern world, its clear that the government is working for corporations and that greed is driven by capitalism and the desire to make profits at the end of the day.

Greed exist without capitalism, and I have seen proof that its greater under capitalism, than under fascism, communism, etc. Its definitely more transparent, but i consider it a human trait, not a characteristic of any economic model.

The first point(about pollution) falls if you remove govt intervention. Not govt. altogether.

Monopolies are not inherently bad or good, and monopolies in a free market never come about through price gouging as you suggest, and competition keeps it that way.

 

[Oville]

Greed exist without capitalism, and I have seen proof that its greater under capitalism, than under fascism, communism, etc. Its definitely more transparent, but i consider it a human trait, not a characteristic of any economic model.

I agree which is why I feel that capitalism like government should have checks and balances between the three entities which make up a capitalist society (Owners of Property, Workers, and Consumers.) At the end of the day its a given that these three entities will exist in a capitalist economy and its a falsehood that their interests are the same. Even James Madison one of the co creators of the U.S. constitution wrote in the federalist papers about the issue of factions and special interests are driven by the fact that their are people with property and those without. This was 100 years before Marx and he was discussing the dynamics of those with property and those without. The greed inherent in capitalism does breed innovation and diverse options but it can also get out of hand just as can government.
The first point(about pollution) falls if you remove govt intervention. Not govt. altogether.
Ummm... I seriously doubt that.
Monopolies are not inherently bad or good, and monopolies in a free market never come about through price gouging as you suggest, and competition keeps it that way.

Monopolies are inherently terrible for a society because it takes away the power of the consumer in the market and allows an institution that is inherently greedy by nature (big business) to do whatever it wants because it takes away the leverage that the general public has over it. Monopolies are only made illegal through laws created by government. One of the benefits of capitalism is that the competition breeds innovation and cheaper prices. Monopolies make capitalism an absolutely abhorrent economic system

 

[DEAD7]

Monopolies are inherently terrible for a society because it takes away the power of the consumer in the market and allows an institution that is inherently greedy by nature (big business) to do whatever it wants because it takes away the leverage that the general public has over it. Monopolies are only made illegal through laws created by government. One of the benefits of capitalism is that the competition breeds innovation and cheaper prices. Monopolies make capitalism an absolutely abhorrent economic system

Historically monopolies have been gained by offering goods and/or services at a price lower than the competition. To the benefit of society.
If there has ever been monopolies where this wasnt the case(which i doubt) i'd be shocked if they represented more than 2% of all monopolies. The fear of monopolies isnt based on anything factual or even reasonable...

But i'm always open to new evidence should you have any

 

[Oville]

Historically monopolies have been gained by offering goods and/or services at a price lower than the competition. To the benefit of society.
If there has ever been monopolies where this wasnt the case(which i doubt) i'd be shocked if they represented more than 2% of all monopolies. The fear of monopolies isnt based on anything factual or even reasonable...

But i'm always open to new evidence should you have any

At a price lower than the competition until there is no competition. I was speaking theoretically about absolute monopolies which have absolute power over a resource or product like say oil or sugar cane. These monopolies are mostly present in third-world countries which supports multi-nationals and free trade agreements with the U.S. Quasi-monopolies like Wal-Mart can still sell at a cheaper price because even though they have the ability to run out the small businesses in a town because they still theoretically have competition and they don't sell a specific product. Prices aren't the only issue that arises from monopolies though. Quasi-Monopolies like Wal-Mart are able to sell their prices on the cheap due to the terrible working conditions of the East Asian factories where a majority of their products are produced. It also leads to their own workers being vastly underpaid and unable to obtain any benefits. I know you might shrug your shoulders at issues like this but I support the race to the bottom effects that markets have on prices. I don't support the race to the bottom effects that laissez-faire capitalism has on quality of life.

 

[Crakface]

Sadly Caucasians cant govern multicultural nations properly so if either system is governed by them it will ultimately fail and they will need to transition into a new form of government and kill all the people they've ripped off or be replaced.

 

[DEAD7]

Sadly Caucasians cant govern multicultural nations properly so if either system is governed by them it will ultimately fail and they will need to transition into a new form of government and kill all the people they've ripped off or be replaced.

The amount of truth and relevancy to so many issues in this post is staggering.

 

[ghostwriterx]

I am... but i could surely be wrong. Got any examples of them exercising this power independent of the state?

Off hand no, just think you're stretching the point, as you could credibly argue that nobody exercises power independent of the state.

 

[DEAD7]

Off hand no, just think you're stretching the point, as you could credibly argue that nobody exercises power independent of the state.

You could credibly argue that couldnt you...