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Old 05-03-2013, 07:35 AM
 
14,298 posts, read 8,085,470 times
Reputation: 4247

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Quote:
Originally Posted by Hot_Handz View Post
Capitalism is plenty regulated.....

this country hasn't seen an uninhibited free market for more than a few months in the 19th century

No kidding, liberals need to lie in order to try and justify their outrage. Our country has become so over regulated that capitalism is barely able to function, which is one major reason we have a terrible economy and the US poverty level at a fifty year high.
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Old 05-03-2013, 07:43 AM
 
Location: Londonderry, NH
41,505 posts, read 51,247,292 times
Reputation: 24611
Capitalism is "overregulated" because businesses want it to be. Capitalism requires an open market without any assurance of profit for an invesment. Investors want a sure thing and do all they can to close the market so they can fix the outcome. Just read Adam Smith on this topic.
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Old 05-03-2013, 07:56 AM
 
Location: Austin
29,518 posts, read 16,425,057 times
Reputation: 8061
Quote:
Originally Posted by GregW View Post
Socialism steals from thrifty workers to pay for the greedy leaches that own the Military to steal resources from other people to make the plutocrats ever wealthier. Sometimes (Iraq) they are other countries plutocrats (Britian). Crony Capitalism even steals from the Plutocrats as well as everyone else.
I agree. We have rich leeches and poor leeches. Socialism and Crony Capitalism support both

Quote:
Like I said the kids have figured out the system and are taking it for all they can. Just like you.
Just like me? I'm not gaming any system.
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Old 05-03-2013, 08:13 AM
 
Location: Barrington
45,619 posts, read 33,883,136 times
Reputation: 15185
Quote:
Originally Posted by ringwise View Post
Bull. Most households could survive with a single income. They might not be able to live in a 3000 sf house, the kids might need to share rooms, they wouldn't drive the newest cars, have the newest gadgets and take luxury vacations. But it could be done. Parents just don't WANT to live that way.

A generation of children that are given "things" to try and make up for the lack of "time" that they truly need is the result.
I don't know about most but certainly many could survive with one income when/if they made different choices.

People's self esteem has been increasingly tied to stuff going back to at least the 60's.
On the other hand, if most people suddenly lived within modest means, the economy would collapse.
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Old 05-03-2013, 08:31 AM
 
2,122 posts, read 1,564,025 times
Reputation: 1117
Quote:
Originally Posted by middle-aged mom View Post
On the other hand, if most people suddenly lived within modest means, the economy would collapse.
Exactly. I know people hate this term and it's considered borderline "conspiracy", but we are, in fact, slave consumers.

This economy clicks because the vast majority of Americans immediately funnel any discretionary income right back into the open market, by purchasing everyday, basic, non-durable goods like food, beer, toys, clothes and cell phones. Suddenly take millions of incomes out of the market, this house-of-cards is laying face down on the floor.

We've created a way-of-life that is unable to be halted or re-designed because we have entrapped ourselves into a system which spends more than we make, saves very little, undermines the value of a dollar, thus relies upon and every-increasing foreign investment (borrowing).

Because of that, our economy is forced to go down a path of perpetual expansion, regardless of whether or not the metrics make sense, or whether or not we should have reached a per-capita GPD peak.

Ok, I think I went a little further than I had intended, so I'll shut up now.
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Old 05-03-2013, 08:38 AM
 
14,298 posts, read 8,085,470 times
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Quote:
Originally Posted by GregW View Post
Capitalism is "overregulated" because businesses want it to be. Capitalism requires an open market without any assurance of profit for an invesment. Investors want a sure thing and do all they can to close the market so they can fix the outcome. Just read Adam Smith on this topic.
Businesses don't want Obamacare, or CAFE and greenhouse gas standards, and they do not want to be micromanaged. An entrepreneur cannot even create a small start up company tailored to a small clientele, until he can build up enough profits to expand, because government forces him to comply with the same regulations as the deep pocket multinational conglomerates.

You may be correct that the big multinational conglomerates like over regulation, because they can absorb the extra costs, while those same costs create huge burdens for the smaller independents and new start up entrepreneur, who may find it very difficult or even impossible to compete.

For example, some equipment and operating expenses for small independent oil and mining companies can be assuaged thru a tax depletion allowance, while the big oil and mining companies cannot deduct these. So the big companies would love to see the depletion allowance go away, thereby shutting out their competition.
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Old 05-03-2013, 08:54 AM
 
Location: Philadelphia
11,881 posts, read 10,345,904 times
Reputation: 8045
Quote:
Originally Posted by GregW View Post
Capitalism is "overregulated" because businesses want it to be. Capitalism requires an open market without any assurance of profit for an invesment. Investors want a sure thing and do all they can to close the market so they can fix the outcome. Just read Adam Smith on this topic.
Exactly, and the financial collusion is revealing itself to be deeper and more intertwined than anyone could have ever thought.

Yet there are still people clamoring to defend "Capitalism" and call unemployed people lazy . We haven't had Capitalism in decades. Our politicians do nothing more than facilitate the collusion between our sold out Government and Wall Street/Multi National Corporations. We're screwed.
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Old 05-03-2013, 09:00 AM
 
2,122 posts, read 1,564,025 times
Reputation: 1117
Quote:
Originally Posted by 2e1m5a View Post
Exactly, and the financial collusion is revealing itself to be deeper and more intertwined than anyone could have ever thought.
Doesn't it make you sick to think about? Even more sickening, is the amount of Americans who are unable to even grasp how that affects our society, much less the amount of Americans who just plain couldn't care.

I'm in my late 20's, and I have a hard time finding individuals in my age group who are even moderately aware of these issues, but could tell you every player on their favorite football team, or every beer on tap at their favorite bar.

Sad.
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Old 05-03-2013, 09:09 AM
 
17,297 posts, read 25,647,822 times
Reputation: 8567
Quote:
Originally Posted by OICU812 View Post
Businesses don't want Obamacare, or CAFE and greenhouse gas standards, and they do not want to be micromanaged.

In other words, business doesn't like regulation because they prefer to socialize the COSTS of their doing business (ability to pollute, ability to push uninsured employees onto the public dole), while getting to keep all the PROFITS of their doing business.

Got it.
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Old 05-03-2013, 09:21 AM
 
Location: Londonderry, NH
41,505 posts, read 51,247,292 times
Reputation: 24611
Good to see other people have noticed that the game is fixed and most are excluded.
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