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Old 10-31-2019, 09:54 AM
 
Location: East Coast of the United States
18,368 posts, read 20,425,623 times
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If capitalism is a failure, then why does the United States stock market constantly reach record highs?
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Old 10-31-2019, 11:30 AM
 
Location: Knoxville, TN
2,520 posts, read 873,262 times
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Quote:
Originally Posted by BigCityDreamer View Post
If capitalism is a failure, then why does the United States stock market constantly reach record highs?
And why does the best innovation and technology come from the USA also?
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Old 10-31-2019, 04:35 PM
509
 
3,364 posts, read 4,322,191 times
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The greatest income inequalities in history were/are in......

the Soviet Union, Cuba, North Korea, China......all Communist countries.

So why has capitalism failed??? Don't we judge Communist countries by the same metric??
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Old 10-31-2019, 06:24 PM
 
Location: Knoxville, TN
2,520 posts, read 873,262 times
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Capitalism fails for the people too lazy to contribute to society.

To them Socialism is a dream come true and why wouldn't it be???
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Old 10-31-2019, 07:34 PM
 
Location: Raleigh NC
11,502 posts, read 8,049,770 times
Reputation: 9403
Quote:
Originally Posted by jbgusa View Post
Threads can become worthwhile even if the OP is garbage. A thread is the sum of its participant, not only the OP.
says the guy who revived said thread with this brilliance 4 years later:

Quote:
Are we better off with everyone in misery except some well-connected kleptocrats, or some officially tolerated inequality?
so in your book - and btw, you are nowhere near alone - anyone that's not miserable is a well-connected kleptocrat.

It's like the complete opposite of "deplorables"

Quit being happy, you evil kleptocrat!@!!1!!
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Old 11-04-2019, 09:40 PM
 
7,667 posts, read 3,397,488 times
Reputation: 4936
Quote:
Originally Posted by Mister 7 View Post
Capitalism fails for the people too lazy to contribute to society.

To them Socialism is a dream come true and why wouldn't it be???
Or for people who cant seem to find the right niche to make real money.
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Old 11-04-2019, 09:49 PM
 
3,781 posts, read 1,043,906 times
Reputation: 6701
Quote:
Originally Posted by MrRational View Post
I agree entirely. But however many weeks away from work we might get...
the other weeks will still add up to way too many hours.
Feel free to cut back.
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Old 11-04-2019, 09:52 PM
 
3,781 posts, read 1,043,906 times
Reputation: 6701
Quote:
Originally Posted by 509 View Post
The greatest income inequalities in history were/are in......

the Soviet Union, Cuba, North Korea, China......all Communist countries.

So why has capitalism failed??? Don't we judge Communist countries by the same metric??
The wealthiest man in the world by far is Vladimir Putin. His wealth is estimated to be at least 3x that of the combined Bezos fortunes.
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Old 11-05-2019, 09:04 AM
 
346 posts, read 85,078 times
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Capitalism although at times a very rigged game has succeeded because it produces options and potential. Other systems they wind up being the only game in town with far fewer choices.
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Old 11-08-2019, 11:24 PM
 
7,667 posts, read 3,397,488 times
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Quote:
Originally Posted by anononcty View Post
Capitalism although at times a very rigged game has succeeded because it produces options and potential. Other systems they wind up being the only game in town with far fewer choices.
The thing with other systems is that EVERYONE is poor other than an extremely tiny subset of people who live far far away, thus everyone is like a big family/tribe. In capitalism there are more rich people sprinked around (but still not that many) and we have this "rugged individualism" culture yet MOST people dont have the wealth to really live "individual", they have to take up multiple jobs working for peanuts to live like this and they have to see the people on the roads in their nice cars who are not part of their family/group/tribe. Its like a bunch of disjointed groups all standing alone and every now and then someone rises up and can live "ruggedly individual" without working 3 mcjobs.

Its a huge difference in culture and I dont think its sustainable as evidenced by our massive political backlash and socialism. People are waking up to the fact that they cant really live "ruggedly individual", the income, opprotunities are not there. People need help but everyone is individual.
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