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Old 09-07-2011, 06:55 PM
 
Location: FOUO
149 posts, read 467,656 times
Reputation: 121

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(From A Nation in Crisis: The Meltdown of Money, Government and Religion by Larry Bates & Chuck Bates, p. 99)

Way too many people believe there is only one type of capitalism, and that the struggle we see in America is between Communism/Socialism and capitalism. Both claims are false.

The struggle is between the two types of capitalism described above. As you can see, countries governed by Communism, Socialism, Nazism (or rather its modern equivalent) and Fascism are also capitalist.

If America does become Communist or Socialist, it will be because our system of capitalism went from competitive to monopolistic.

Hopefully this will help clear up the mass ignorance.
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Old 09-07-2011, 06:59 PM
 
13,900 posts, read 9,775,066 times
Reputation: 6856
To conservatives, socialism is regulation and government involvement in the market place.
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Old 09-07-2011, 06:59 PM
 
25,021 posts, read 27,942,602 times
Reputation: 11790
I say we have a fascist economic system but the uninformed think fascism equals SS goons patrolling the streets in squads and ghettoizing Jews
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Old 09-07-2011, 09:16 PM
 
31,387 posts, read 37,060,237 times
Reputation: 15038
Quote:
Originally Posted by CornerstoneEagle04 View Post
Hopefully this will help clear up the mass ignorance.
Anyone who writes the following:
The struggle is between the two types of capitalism described above. As you can see, countries governed by Communism, Socialism, Nazism (or rather its modern equivalent) and Fascism are also capitalist.
cannot by any stretch of the imagination lay claim to "helping to clear up the mass ignorance." If anything they only have contributed to the abundance of ignorant, ill-educated, muddled heading thinking so frightfully abundant these days.
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Old 09-07-2011, 11:13 PM
 
29,939 posts, read 39,473,584 times
Reputation: 4799
Quote:
Originally Posted by Winter_Sucks View Post
To conservatives, socialism is regulation and government involvement in the market place.
Which only stems to try and manipulate natural forces.

Why would a government need to step into a market place besides to "protect" people and limit their choices to the "acceptable" ones?
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Old 09-07-2011, 11:23 PM
 
Location: Beautiful Niagara Falls ON.
10,016 posts, read 12,582,425 times
Reputation: 9030
The chart is wrong. It claims that prices should be high for Chinese goods.`
It also claims quality is bad. That is not true either . Some Chinese goods are very good and some are very bad.
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Old 09-07-2011, 11:44 PM
 
31,387 posts, read 37,060,237 times
Reputation: 15038
[quote=BigJon3475;20789409 step into a market place besides to "protect" people and limit their choices to the "acceptable" ones?[/QUOTE]

Perhaps one day you might take the time to read Adam Smith's the "Wealth of Nations." As doubtful as such a prospect may appear.
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