Unbridled Capitalism is self-destructive

[metis]

Five yrs in NYC, I thought I'd never thaw out.

Well, here in Michigan we're quite a bit colder than NYC, let me tell ya. In my case, I can take the cold much easier than the heat with humidity. OTOH, dry heat I don't have a problem with. I assume that Shanghai is both hot & humid, right?

 

[Audie]

Well, here in Michigan we're quite a bit colder than NYC, let me tell ya. In my case, I can take the cold much easier than the heat with humidity. OTOH, dry heat I don't have a problem with. I assume that Shanghai is both hot & humid, right?

Hot and humid. Lots of rain / thunderstorms.

Look at world weather radar, it's always
rain / storms through here.

I was in Fairbanks Alaska in December
one year. Dark and cold!!! It was like I'm
on the wrong planet!

 

[metis]

Hot and humid. Lots of rain / thunderstorms.

Look at world weather radar, it's always
rain / storms through here.

I was in Fairbanks Alaska in December
one year. Dark and cold!!! It was like I'm
on the wrong planet!

I almost took a job teaching in Fairbanks, but my Sicilian wife wasn't crazy about doing this, so I turned it down.

 

[EconGuy]

Shall I read someone who used to believe in an invisible hand?

I'd rather believe in elves and dwarves.

If you are against the idea of unbridled capitalism, you should read The Wealth of Nations.

 

[timothy1027]

Unregulated (or even poorly regulated) Capitalism is clearly a form of "civilized" slavery disguised as something else.

 

[EconGuy]

I give you a cromulent Wikipedia article about mass starvation by the Soviets.

Not defending or supporting communism or socialism, but it's your position that socialism is to blame for famine in the USSR?

Respectfully,

EG

 

[EconGuy]

Unregulated (or even poorly regulated) Capitalism is clearly a form of "civilized" slavery disguised as something else.

While I think I understand what you are trying to say, I think tossing the word "slavery" around when referring to an economic system is insulting to the memories of actual slaves. Though in certain cases the term "civilized" slavery might be more appropriate to differentiate it from the more horrific and inhumane institution involving the complete deprivation of liberty and human rights that was something like antebellum slavery.

Respectfully,

EG

 

[timothy1027]

While I think I understand what you are trying to say, I think tossing the word "slavery" around when referring to an economic system is insulting to the memories of actual slaves. Though in certain cases the term "civilized" slavery might be more appropriate to differentiate it from the more horrific and inhumane institution involving the complete deprivation of liberty and human rights that was something like antebellum slavery.

Respectfully,

EG

Okay, how about this:
Unregulated (or even poorly regulated) Capitalism is a form of legalized exploitation, disguised as something else.

 

[Revoltingest]

Not defending or supporting communism or socialism, but it's your position that socialism is to blame for famine in the USSR?

Respectfully,

EG

Old Soviet joke....
What are the 4 problems of Soviet agriculture?
- Spring
- Summer
- Fall
- Winter
In USSR, famine has been a choice, eg, the Holodomor.

 

[Stevicus]

 

[Revoltingest]

View attachment 78960

That quote shows inferring the wrong
message from a trite saying.
Working hard at something of low
value to others won't make you rich.
But working hard yields better
results than sloth.

 

[Estro Felino]

View attachment 78960

Because the money will be stockpiled by very few entrepreneurs.
Millions that they will spend on very spiritual and edifying things...like

Rich tycoon dies in a hotel room of viagra overdose, after spending the night with three prostitutes

 

[Revoltingest]

Socialism is great if you have the right relatives.

https://account.miamiherald.com/paywall/subscriber-only?resume=223928565&intcid=ab_archive

 

[Estro Felino]

Socialism is great if you have the right relatives.

https://account.miamiherald.com/paywall/subscriber-only?resume=223928565&intcid=ab_archive

That's why in monoethnic countries it works like a charm.

 

[Revoltingest]

That's why in monoethnic countries it works like a charm.

Too bad that most of the populace
can't be Castro's grandson.

 

[Audie]

Unregulated (or even poorly regulated) Capitalism is clearly a form of "civilized" slavery disguised as something else.

Clear to you, but disconnected to reality.

 

[Estro Felino]

Too bad that most of the populace
can't be Castro's grandson.

The disgraces of a country are due to the fact that certain Capitalists are as childish as kindergartners.
They love to play games.
They consider the resources of a country like the board game Monopoly. And they want it all.
So they play with real money, destroying real lives.
They should heal from their condition.

 

[Audie]

Because the money will be stockpiled by very few entrepreneurs.
Millions that they will spend on very spiritual and edifying things...like

Rich tycoon dies in a hotel room of viagra overdose, after spending the night with three prostitutes

You really really think people with money stockpile it?

What does "stockpile" even mean?

Stacks of cash in a hidden safe?

 

[Estro Felino]

You really really think people with money stockpile it?

What does "stockpile" even mean?

Stacks of cash in a hidden safe?

My language is very metaphorical.
In banks I mean.

 

[Stevicus]

Working hard at something of low
value to others won't make you rich.

Why would such work even exist at all if it has low value?

But working hard yields better
results than sloth.

That's the conventional wisdom, but real life is much more complicated than that.