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Old 06-23-2012, 08:18 PM
 
Location: Metro Detroit, Michigan
29,792 posts, read 24,876,501 times
Reputation: 28467

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Quote:
Originally Posted by WhenWillTheRecessionEnd? View Post
and i still don't get why socialism, communism is evil, capitalism looks more evil because of that way.
Question...

If the reward is the same regardless of how much or little work you put in, how hard are you going to work? How hard do you believe your peers are going to work? If you believe they are going to do as little as possible, are you willingly going to make up for the slack?

Another question...

I have a room full of money. Every American will stand in line outside this room. I will tell them to take only what they need. How much money do you believe will be left over for the last one in the line?

Better yet, I will form a government body to handle the distribution of all the money and resources... How much do you really expect little ol' you to receive?

Don't be so naive...


At least with capitalism, you have every right to participate in the pursuit of your own destiny. You have every right to reap the full rewards of your efforts. If your lucky, you will reap the rewards based on your level of effort.

Naturally, there will be winners, and there will be losers. Some will loose despite a valiant effort. If you can show me a better and more just game in town, I will be the 1st to sign up to play. Thus far, capitalism just seems to be the most sustainable and honest game in town



If you believe the past 30 years represents true capitalism however, I believe you better do a bit more research on the subject. If anything, the past 5 years have been creeping closer to socialism. Government bailouts have no place in true capitalism.
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Old 06-23-2012, 08:21 PM
 
76 posts, read 91,116 times
Reputation: 52
Quote:
Originally Posted by andywire View Post
Question...

If the reward is the same regardless of how much or little work you put in, how hard are you going to work? How hard do you believe your peers are going to work? If you believe they are going to do as little as possible, are you willingly going to make up for the slack?

Another question...

I have a room full of money. Every American will stand in line outside this room. I will tell them to take only what they need. How much money do you believe will be left over for the last one in the line?

Better yet, I will form a government body to handle the distribution of all the money and resources... How much do you really expect little ol' you to receive?

Don't be so naive...


At least with capitalism, you have every right to participate in the pursuit of your own destiny. You have every right to reap the full rewards of your efforts. If your lucky, you will reap the rewards based on your level of effort.

Naturally, there will be winners, and there will be losers. Some will loose despite a valiant effort. If you can show me a better and more just game in town, I will be the 1st to sign up to play. Thus far, capitalism just seems to be the most sustainable and honest game in town



If you believe the past 30 years represents true capitalism however, I believe you better do a bit more research on the subject. If anything, the past 5 years have been creeping closer to socialism. Government bailouts have no place in true capitalism.
but in capitalism people do not have a right to a job, they expect us to work for things, to earn things, because i hate having to work for it and get my advances denied, because i want it when i want it, not when they want it.
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Old 06-23-2012, 08:24 PM
 
Location: Metro Detroit, Michigan
29,792 posts, read 24,876,501 times
Reputation: 28467
Quote:
Originally Posted by WhenWillTheRecessionEnd? View Post
but in capitalism people do not have a right to a job, they expect us to work for things, to earn things, because i hate having to work for it and get my advances denied, because i want it when i want it, not when they want it.

Great, another one of these guys...

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Old 06-23-2012, 08:30 PM
 
Location: NJ
18,665 posts, read 19,961,065 times
Reputation: 7315
Quote:
Originally Posted by andywire View Post
At least with capitalism, you have every right to participate in the pursuit of your own destiny. You have every right to reap the full rewards of your efforts. If your lucky, you will reap the rewards based on your level of effort.

Naturally, there will be winners, and there will be losers. Some will loose despite a valiant effort. If you can show me a better and more just game in town, I will be the 1st to sign up to play. Thus far, capitalism just seems to be the most sustainable and honest game in town



If you believe the past 30 years represents true capitalism however, I believe you better do a bit more research on the subject. If anything, the past 5 years have been creeping closer to socialism. Government bailouts have no place in true capitalism.
Excellent post , andywire, and I fully agree. Hopefully, in a short span of time, we will be back to capitalism pre TARP, pre D3 bailout, and let the winners win, and the losing corps either be absorbed by the winners or liquidated. Without an iota of concern for any WAll St firm or union. Let the chips fall where they may.
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Old 06-23-2012, 08:33 PM
 
Location: Metro Detroit, Michigan
29,792 posts, read 24,876,501 times
Reputation: 28467
Quote:
Originally Posted by bobtn View Post
Excellent post , andywire, and I fully agree. Hopefully, in a short span of time, we will be back to capitalism pre TARP, pre D3 bailout, and let the winners win, and the losing corps either be absorbed by the winners or liquidated. Without an iota of concern for any WAll St firm or union. Let the chips fall where they may.
If you got rid of heavy handed Wallstreet driven tactics/strategies, chances are good no body would miss unions to begin with.

I'm simply growing tired of the idea of privatized profits, at the cost of public risk. This is insanity, and VERY unamerican.
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Old 06-23-2012, 08:36 PM
 
Location: NJ
18,665 posts, read 19,961,065 times
Reputation: 7315
Quote:
Originally Posted by andywire View Post
If you got rid of heavy handed Wallstreet driven tactics/strategies, chances are good no body would miss unions to begin with.

I'm simply growing tired of the idea of privatized profits, at the cost of public risk. This is insanity, and VERY unamerican.
That is why I applauded our gov letting market decide Shearson's fate, and I wish the same standard were applied to GM and Chrysler.
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Old 06-23-2012, 08:45 PM
 
76 posts, read 91,116 times
Reputation: 52
i'm tired of businesses, jobs, employers, corporations being private property, i would say everything should be government-owned except for our houses, cars, consumer products, essentials, assests, etc.
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Old 06-23-2012, 08:47 PM
 
Location: NJ
18,665 posts, read 19,961,065 times
Reputation: 7315
Quote:
Originally Posted by WhenWillTheRecessionEnd? View Post
i'm tired of businesses, jobs, employers, corporations being private property, i would say everything should be government-owned except for our houses, cars, consumer products, essentials, assests, etc.
Try a different country than. It is great to live in a nation where we are free to leave if we wish to.
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Old 06-23-2012, 08:53 PM
 
76 posts, read 91,116 times
Reputation: 52
Quote:
Originally Posted by bobtn View Post
Try a different country than. It is great to live in a nation where we are free to leave if we wish to.
the USSR should have Nuked the USA behind their backs during the Cold War
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Old 06-23-2012, 08:54 PM
 
Location: Metro Detroit, Michigan
29,792 posts, read 24,876,501 times
Reputation: 28467
Quote:
Originally Posted by bobtn View Post
That is why I applauded our gov letting market decide Shearson's fate, and I wish the same standard were applied to GM and Chrysler.
I honestly think the difference was, GM and Chrysler can be retooled to make tanks, planes, jeeps, etc. It's a matter of national security, just as much as it was in WW2. Sometimes, you have to scratch you're head a little and look a bit deeper into such actions...

Aside from that, so many other countries subsidize their manufacturing sector in one form or another... Unfortunately, that's what we are up against in this global economy. We used to subsidize our manufacturing base decades ago. Modern CNC machining actually got it's start thanks to government funding and research. The Milwaukee-Matic II was the first numerically controlled machine, which was the original predecessor of the first computer numerically controlled (CNC) machines. Without extensive government funding towards its research and development, we would have never progressed as fast and far as we have today with regards to CNC machining. Without that, I doubt we would have much of a reputable manufacturing base today.

Unfortunately, we have also lost a lot of ground in this sector, while other countries have made up for the slack (and reaped the rewards). The most productive machines, most advanced interface/operating systems and highest quality tooling is unfortunately designed and made elsewhere in my opinion. Not enough money going into research and development in this country. Instead of bailouts and fixing leaks, I would love to see more funding going into research and development so we can stay competitive and hold face on the global scale. This is desperately needed to help keep America competitive on the global scale. I believe we have the brains here, but we don't have the resources being allocated in the proper places. Instead, we take to feeding Wallstreet. Terrible waste in my opinion.
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