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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.
Can a million people fit into a nice little box? How about a billion? How about 6.6 billion?
LOL I think Thomas Sowell's credentials will survive your best shot! *grinning in thought: Artsyguy vs.Thomas Sowell"
Forgive me while I collapse with laughter here...
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Every system needs checks and balances. This rendition of capitalism has no checks and balances nor does it have an enforceable code of ethics
Yes, it does. It is called the free marketplace and free-will and free choice to buy or sell or not. Void of governmental coercison. The code of ethics (even though some will naturally violate it) is built into the system itself as a process. The checks and balances stem from the natural choice to buy or sell wherever one wants.
Uhhh, surely you are not saying that government should enforce a system of checks and balances upon the marketplace (not of course, that it hasn't been doing it for decades). Now THAT is truly funny.
Hell, if "government" was a real business, it would have been bankrupt 50 years ago. As it is? Cos it can print money, it bought -- pun intended -- itself enough time til now...
Capitolism only works for about 1% of the population. The remaining 99% rely on commonly funded programs like, police, fire, military etc. People have been brainwashed into believing that capitolism is so great.
When you have the government control the system that education 95% of the population, no wonder people don't think.
Just think about they teach in public school. For example, they teach FDR is one of the greatest president, alone the line of Washington and Jefferson. How he end great depression, yada yada yada. But the text book don't mention anything about he steal money by devaluated the dollar. Impose SSN, increase income tax to 90% etc. Worst is he broke the 2 term limited. This is how misleading this education system is.
Those are not subsidies. They are tax deductions that our government gives companies for doing things that the government thinks are good. Examples include hiring American workers and drilling new wells.
Tax deductions have nothing to do with the Madoff scam, but you obviously don't understand that.
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 does not guarantee outcomes, it only guarantees consequences. And there are consequences to mismanagement of capital. When it's a quasi-government agency such as the Federal Reserve that does the mismanaging, then there are big consequences. And those consequences are compounded by profligate government spending While a measure of government intervention is necessary for capitalism to function, excesive government meddling and/or mismanagement isn't a failure of capitalism, it's a failure of governance.
God insists on capitalism. He likes everything about capitalism and knows that capitalism is the only system that is fair and just. If America ever becomes critical of capitalism god just might unleash some destructive weather upon the nation.
God does not like exploitation or oppression of the poor.
When you have the government control the system that education 95% of the population, no wonder people don't think.
Just think about they teach in public school. For example, they teach FDR is one of the greatest president, alone the line of Washington and Jefferson. How he end great depression, yada yada yada. But the text book don't mention anything about he steal money by devaluated the dollar. Impose SSN, increase income tax to 90% etc. Worst is he broke the 2 term limited. This is how misleading this education system is.
I am not an FDR fan by any means but he did not break any 2 term limit because there was none until after his Presidency. One should know about the history before one puts others down for it.
Capitalism is just one of the many unworkable ism's of our time. Whatever economic system is created by men of money will surely contain those tenets that prove themselves to be most profitable to the few.We all can attend classes wherein the various econ structures are discussed to no end, but in the practical carrying out of said systems the proof of their worthiness is always going to be measured by the breadth of their distribution of a concentrate of wealth.
In this way all known systems eventually fail that test. Greed is the one factor that econ profs can't really address in any meaningful way, why? Because the human factor is placed below the theoretical proposition of rules and regulations and we all know this isn't the way things really work on a day to day basis. It's the human subversion of an economic system that makes them all fail, on paper they all look to be do-able stuff, but, throw in the human greed factor and it's all over.
As it has been pointed out here many times, the US has really never had a true capitalism anyway, Russia never had a true communistic system either, the social democracies of the scandy nations come as close to the stated goals of their system as could be expected. Man has failed and his economic systems are no less an extension of him than anything else he endeavors in.
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