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View Poll Results: Did Capitalism collapse causing the world governments to take over the economies?
Yes 4 16.67%
No 20 83.33%
Voters: 24. You may not vote on this poll

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Old 05-21-2010, 08:31 AM
 
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Did Capitalism collapse causing the world governments to have to take over the economies.
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Old 05-21-2010, 08:36 AM
 
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No, of course not.

Capitalism is still the best way to grow an economy and generate wealth. It just got a bit out of control and has to be reined in a little.
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Old 05-21-2010, 08:38 AM
 
Location: Lafayette, Louisiana
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No, the governments intruded into private industry to the point that failure was the ultimate result.
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Old 05-21-2010, 08:47 AM
 
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Quote:
Originally Posted by Strel View Post
No, of course not.

Capitalism is still the best way to grow an economy and generate wealth. It just got a bit out of control and has to be reined in a little.
The words "a it out of control" isn't that another way of saying failed?

If you rein in Capitalism do you still have Capitalism?
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Old 05-21-2010, 08:49 AM
 
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Originally Posted by sailordave View Post
No, the governments intruded into private industry to the point that failure was the ultimate result.
It seems to me that private industry was begging for the governments to intrude.
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Old 05-21-2010, 08:51 AM
 
35,016 posts, read 39,064,536 times
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Originally Posted by jimw144 View Post
Did Capitalism collapse causing the world governments to have to take over the economies.
lolwut?
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Old 05-21-2010, 09:00 AM
 
Location: Lafayette, Louisiana
14,100 posts, read 28,435,481 times
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Quote:
Originally Posted by jimw144 View Post
It seems to me that private industry was begging for the governments to intrude.
You're talking about bailouts. I'm talking about more and more strict regulation of production of products, paperwork for services (like at hospitals), and other regulations that increase the cost of doing business in this country and make it more and more difficult for people to start their own business.
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Old 05-21-2010, 09:02 AM
 
7,871 posts, read 10,105,408 times
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Quote:
Originally Posted by jimw144 View Post
The words "a it out of control" isn't that another way of saying failed?

If you rein in Capitalism do you still have Capitalism?
No.


Yes.
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Old 05-21-2010, 09:03 AM
 
7,871 posts, read 10,105,408 times
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Quote:
Originally Posted by sailordave View Post
No, the governments intruded into private industry to the point that failure was the ultimate result.
Huh?

The government "intruded" after the collapse, they didn't cause it.

You have it backasswards.
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Old 05-21-2010, 09:26 AM
 
1,653 posts, read 1,167,000 times
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Quote:
Originally Posted by sailordave View Post
You're talking about bailouts. I'm talking about more and more strict regulation of production of products, paperwork for services (like at hospitals), and other regulations that increase the cost of doing business in this country and make it more and more difficult for people to start their own business.
Over the last 8 years there has been very little regulation done by the federal government. The banking industry, the oil industry, hell they've been selling us poison food. So tell me where this regulation is.
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