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View Poll Results: What system brought about the Great Recession?
Capitalism run amuck 27 69.23%
Socialism 11 28.21%
Communism 1 2.56%
Voters: 39. You may not vote on this poll

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Old 01-01-2010, 02:27 PM
 
1,179 posts, read 815,271 times
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Since some of you really need a refresher course on reality...
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Old 01-01-2010, 02:30 PM
 
Location: Arizona High Desert
4,639 posts, read 5,082,332 times
Reputation: 2757
Feeling the sting from this recession doesn't conjure up anything but American greedheads in shiny suits with their power lunches, and private jets.
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Old 01-01-2010, 02:53 PM
Status: ""a mind that understands science"" (set 5 days ago)
 
18,763 posts, read 12,107,583 times
Reputation: 10213
Quote:
Originally Posted by Feel The Love View Post
Since some of you really need a refresher course on reality...

I guess the question should be asked as well, "What system was associated with the rise of the greatest economy in human history?"

A. Communism

B. Feudalism

C. Capitalism

D. Socialism


PS- this is not a "K"type question.
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Old 01-01-2010, 03:01 PM
 
Location: NC
10,005 posts, read 8,991,542 times
Reputation: 3073
Quote:
Originally Posted by hawkeye2009 View Post
I guess the question should be asked as well, "What system was associated with the rise of the greatest economy in human history?"

A. Communism

B. Feudalism

C. Capitalism

D. Socialism


PS- this is not a "K"type question.
The answer is D Socialism. The greatest economy in the world currently is the European Union. Though somehow I doubt that is what you wanted to hear.

http://en.wikipedia.org/wiki/Economy...European_Union
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Old 01-01-2010, 05:18 PM
 
Location: NY
12,263 posts, read 9,407,072 times
Reputation: 8028
You missed one...Government Interference in the Free Market.
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Old 01-01-2010, 05:22 PM
 
20,836 posts, read 39,036,090 times
Reputation: 19042
Quote:
Originally Posted by Dockside View Post
You missed one...Government Interference in the Free Market.
I think it's much the opposite, lack of government control, gutting of Glass-Steagall, etc, designed to prevent abuses.
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Old 01-01-2010, 05:35 PM
 
Location: somewhere in the woods
16,885 posts, read 12,989,745 times
Reputation: 5211
Quote:
Originally Posted by Mike from back east View Post
I think it's much the opposite, lack of government control, gutting of Glass-Steagall, etc, designed to prevent abuses.

show me where in the Constitution where the goverment has the right to interfere with private business?
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Old 01-01-2010, 05:38 PM
 
Location: Sango, TN
24,889 posts, read 20,995,171 times
Reputation: 8620
Greed, way to much Greed.

Greed is the very basis of capitalism. Capitalism only works when the major employers have a sense of patriotism, and realize that they have enough.

I'd like to ask them, "how much money is enough?" Is the answer, there is never enough, is 500 billion enough, how about 100 billion?

I think I can liver quite comfortably on 100 billion dollars a year. I think I could live just as well on 100 million a year.
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Old 01-01-2010, 05:42 PM
 
Location: Land of debt and Corruption
7,526 posts, read 7,191,499 times
Reputation: 2845
Quote:
Originally Posted by Mike from back east View Post
I think it's much the opposite, lack of government control, gutting of Glass-Steagall, etc, designed to prevent abuses.
Even Paul Volcker, chariman of Obama's Economic Advisory Board does not suggest we return to Glass-Steagall.
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Old 01-01-2010, 05:46 PM
 
Location: Gone
25,235 posts, read 13,992,038 times
Reputation: 5916
Quote:
Originally Posted by Feel The Love View Post
Since some of you really need a refresher course on reality...
So far it is 100% correct in the polling, so looks like people are more aware than expected eh.
Casper
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