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If capitalism was such a great system, then why are we in a major financial crisis, unemployment crisis and rising poverty, etc? Is there possibly a better system that hasn't been discovered or implemented yet? We already know the problems associated with communism/socialism.
Also, do you think that communism could work, but it just hasn't been implemented properly in real world situations?
Capitalism is the ONLY system that works. All otherw fail.
Capitalism hasn't quite failed yet but it will do in the near future. It is simply unsustainable as you cannot have infinate economic growth on a planet with finite resources, hence oil and commodity price rises.
Capitalism hasn't quite failed yet but it will do in the near future. It is simply unsustainable as you cannot have infinate economic growth on a planet with finite resources, hence oil and commodity price rises.
Then capitalism will adapt. Isn't capitalism about adapting to a changing market or economic conditions?
Then capitalism will adapt. Isn't capitalism about adapting to a changing market or economic conditions?
No it will transform completely into something else. How can Capitalism survive the depletion resources and the end of economic growth (infact economic contraction) that that entails? Some right wingers and economists seem to think if you throw more money at the problem new resources will magically appear- talk about delusional. The greatest faliure of the Human race is its inability to understand the exponential function.
No it will transform completely into something else. How can Capitalism survive the depletion resources and the end of economic growth (infact economic contraction) that that entails? Some right wingers and economists seem to think if you throw more money at the problem new resources will magically appear- talk about delusional. The greatest faliure of the Human race is its inability to understand the exponential function.
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Some right wingers and economists seem to think if you throw more money at the problem new resources will magically appear
throwing more money at the problem is a lefty point (the liberals stimulus anyone???)
resources always change...evolve..otherwise if we go by your arguement there would be a whole lot of wagon builders annd whip makers looking for work
the only thing deulsional is to think that the government can control things
No it will transform completely into something else. How can Capitalism survive the depletion resources and the end of economic growth (infact economic contraction) that that entails? Some right wingers and economists seem to think if you throw more money at the problem new resources will magically appear- talk about delusional. The greatest faliure of the Human race is its inability to understand the exponential function.
Capitalism is simply the private allocation of capital, it has nothing to do with all of the other things people keep bringing up.
Resources could be depleted under any system, especially if the elite in control guess wrong or bow to their masters and drive capital to inefficient wasteful enterprises.
But if communism was implemented WITHOUT killing people left and right, and letting them have personal and social freedoms, do you think it could work? I'm not talking about a tyrannical communist regime, but a more humanitarian communism.
If EVERYONE had "personal and social freedom", WHO would do the work?
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