MrRodgers
Posts: 10542
Joined: 7/30/2005 Status: offline
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quote:
ORIGINAL: vincentML quote:
Except for a few things. One is, I don't need science to tell me that lakes in Canada that didn't freeze in winter 3 times in 100 years, that have now failed to freeze 18 times in the last 30 years...all I need is a calender. I don't need science to tell me why a repub governor complains that his pine trees are dying because the sea is rising, all I need...is a ruler. With respect, isn't this just a restatement of the environmental problem which I did not contest in my reply above? quote:
Then it is the free market that has been a success...NOT capitalism. Capitalism as in 'moneyism' or 'paperism' is turning paper into money, i.e., stocks, bonds, futures CDO's, hedging and trying to turn that...into somebody else's money. Capitalism is risking somebody else's money to make ME money and the goal, become too much in debt in my greed to make sure I become too big to fail...doing it. Well, there are no free markets in socialism. And your definition of Capitalism includes speculation. Nevertheless, Capitalism can be defined as the allocation of capital through more or less free markets. Stocks, bonds, futures contracts are all vehicles for that process. Will you forbid the farmer the right to hedge the value of his crop or against the cost of fuel with futures contracts? quote:
Lastly, socialism as an actual form of govt....has NEVER existed anywhere in the world. Thus, nobody can tell me...it hasn't worked. Perhaps you can clarify my bewilderment. What is socialism as an actual form of governement? quote:
Oh and as for people, demand and economy ? We have and are adding millions more poor to the world every year. 37,000 children worldwide, die from starvation every day. 45,000 Americans of all ages are dying of curable diseases every year. I made a similar point above. *shrugs* There are more likely much freer markets under socialism because of direct govt. involvement, rather than private greed and risk taking and particularly with other people's money. The capitalist has very successfully avoided or neutered anti-trust laws with all of that free speech (money) to invest in govt. and are very successfully enjoying a great return on that investment by successfully narrowing or monopolizing markets. Capitalism is the organizing of capital for the purposes of speculation and little more at all. So yes, capitalism is almost ALL speculation and...does NOT serve society at large. People for some reason think that everything done in our economy is 'capitalism.' It is not. Almost all of what you see is the free market in action. It would be nice to think the best of this is attributable to 'capitalism' but it can not. As I've written, most of our economy would be unchanged without wall street and the big investment banks. They do NOT serve society at all. They merely create a piece of paper upon which to speculate and in some cases even manipulate markets, all with the goal of selling paper for somebody else's money. Socialism whether the partisan puppets and lemmings think they know or not...IS the govt. OWNERSHIP of the means of production...period. All that means is that the govt. could choose if voted upon to own a piece of say Microsoft (stock, private or public) and thus have a measure of control, NOT complete control of any means of production. It is simply ownership and some board control but not complete control. Almost all you hear or read about so-called socialism is false and is demagoguery (lies) and out of the greed of what we really have...almost laissez faire capitalism. I.e., unregulated and kinkroids TRUST ME on this...there WILL be yet another bailout. The new regulations on wall street wouldn't stop a rookie. They are still leveraging, speculating and pretty much gambling on our future. The only reason any producers hedge now is directly is because of speculation by non-producers that distort the real market.
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