Dargrim
Posts: 14
Joined: 2/6/2008 Status: offline
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I must admit my knowledge of both Marx and Smith is far from perfect, though no ones knowledge is ever perfect on any matter it seems, so I feel that my two penneth's worth is justified. I think if were honest both systems Marxism and Unfetted Capitalism have both failed spectacularly, though both have their benefits, though both suffer fundamentally from one problem. People. In particular people's greed and desire for wealth and supposed power. Perhaps its time for a new economic system if we cant get the two systems to run well, in a Socialist System. Shock horror I said the word. Please though I have to ask why do so many buisness owners rally agianst Socialism, I mean it has the potential to boost commerce and trade fr beyond the reach of pure Capitalism. Simply because a Socialist government would have control of the basics, ie electricty, gas, water etc, and would not be aiming to make profit of these base amenities, meaning that the resources would cost less to get from the government, meaning individuals would have more money in their pockets, and companies would have less outgoings. working on the basis of a non-corrupt politician... unlikely but still. Just please say if I am wrong about my point there, and why? I am glad to here the point that Labour is the only true wealth, rather amusingly my wealthy flat mate understands this, but I am still trying to educate my poor flatmate. I say poor, still has more then me lol. (inclded for some basis of referance) Anyhow where as Labour always has the same level of wealth, the product gets made, refined etc. Fiscal wealth only has meaning as long as other people associate meaning with it. I mean exactly what can you do with the coins, the little rectangles of paper, or even gold, unless someone else lets you? Maybe a system of Bartering would be better, more logical. Still America and the U.K. would hate it, as we have neither labour or resources any more, but would do africa an awful lot of good. Still hope to hear some interesting counter points. Dargrim
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