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Edwynn -> RE: Economic Expansion --- You Gotta see THE CHART for 2001-12 (9/29/2014 11:31:50 PM)
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quote:
ORIGINAL: MrRodgers
American capitalism shows it true colors. G R E E D !!
As bad as greed for money for its own sake has displayed itself in the "Capitalists Gone Wild!" videos of 2007-2009, and as entertaining as those videos are, the "Communists Gone Wild!" videos of Stalin and Chairman Mao were pretty hot, too.
That is, for those who understand that the ultimate G R E E D is for power, above all else. That unavoidable dimension has and will continue to exist in any element it finds itself in.
In any case, you at least made the distinction of "American Capitalism," though you've so far not displayed knowledge of any other type.
There are thousands of small businesses who think of "American Capitalism" just as you do, and want to extract as much as possible from society. But there are many thousands more small businesses who just want to do a good job and provide a good product or service and like being at least nominally rewarded for the effort.
Even in "America," not every person owning or running a business (large or small) wakes up with the simple thought of how he/she can best screw everybody around him/her today, and tomorrow, and makes plans for a year down the road for same purpose.
So it's not "American Capitalism" as you claim after all, unless you're on the WSJ Kool-Aid side of it, anyway. That's exactly what they want everybody to believe.
There is nothing else that works for a society other than a market economy, but after that, there are only about a thousand different ways to do a "market economy."
Each country has to decide for itself whatever formula or blend for its own purpose, intention, and needs.
There is no blanket answer to the matter that would spread across all countries and especially all cultures, and it is (at least 100 years) retro in the extreme to consider otherwise.
In any case, let the Western oil companies or the Russian oil and gas companies make whatever money they want, as long as Std. Oil and (then British government owned) BP make all the money they wanted, but served as the vanguard of greed for power.
The early 20th century Germans and Japanese had their economic (and if paying attention, cultural) might right under their noses, but were so blinded and allured and greatly enamored of British -greed for power- that they completely overlooked their own otherwise intrinsic advantage, which attention given prevalence to would have served their society so much better.
But to get to the point, there is no such particular political or economic nostrum that will successfully apply across a country of 7 million as well as to a country of 1.3 billion, even if the putative successor ideology is so stupid as the throw out all the thousand-year made cultures and customs in the process.
As to the "capitalist" countries, some can just make a lot of money and be happy with that. Some few others make the same or more money but are still not happy (and they never will be), so they go to the public via the media and the think tanks and pay a lot of others to bitch about it for them. That is not "American capitalism, " it is just whiney-butt capitalism, and not representative of either capitalism or "America."
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