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While it is true that many poor people can't handle money, a lot of people have wrongly adopted your attitude. What's worse is that poverty itself often creates barriers to proper money management and wealth-building.
This is a side-effect not of capitalism itself, but of a breakdown of societal values. Positive capitalist transactions like a carpenter constructing a deck for pay, or a car manufacturer building a car for sale implies mutual benefit on both sides. The customer pays for something, and gets something in return. I don't even take umbrage with transactions that are inherently asymmetry in nature: it is important that the customer make rational decisions and conduct research when voting with their dollar. However, merely profiting off the misery of others is another matter entirely, and not something one used to want to admit to in a confessional booth.
I have no objection to Capitalism even if every time a free market tries to become established it is dissolved into a morass if insider dealing and corrupt monopoly.
I do object to our system of socializing the losses and privatizing the gains while the taxpayers subsidize the bankers by borrowing to pay for endless war.
People hate what we call Capitalism because they are cheated by the actual system.
IMO, it's a pretty solid read and makes some really excellent points. I'm going to share one section that really stuck out to me:
This, in a nutshell (to me), basically describes why capitalism works so well. This is the exact reason why people point out the hypocrisy with "OWS" (and all of the other protests). They will stand out there for weeks..protesting against out system..and most of them being very anti-capitalist. Well that's fine, we are a free society and they have a right to protest....but when you're spending all of this time and your consuming products you are supporting capitalism. This, of course, is just my opinion.
What are your thoughts? I do hope you've read it.
People don't hate capitalism ... they just think they do because that's what the liberal propaganda tells them. If these people could spend a year in a socialist country they would quickly realize they do love capitalism.
Because what we have is about as far from Capitalism as we could get. Instead of a free market we have government supported monopolies. In our system, instead of the government owning and controlling the factories, we have the owners controlling the government to protect the owners from competition. We pay far higher prices and taxes than we would in a real capitalist system.
People don’t hate capitalism; they hate what we are calling capitalism.
I prefer Socialism if its Racial Socialism which you would only get when you have 1 race in your country. So it would work in most other countries but not here not right now. Anyone wanting information on what I am talking about just pm me.
I prefer Socialism if its Racial Socialism which you would only get when you have 1 race in your country. So it would work in most other countries but not here not right now. Anyone wanting information on what I am talking about just pm me.
Despicable. Racial Socialism and Creativity movement are just part of Neo-Nazi propaganda.
Despicable. Racial Socialism and Creativity movement are just part of Neo-Nazi propaganda.
Wrong. Racial Socialism is a very brilliant ideology which I believe in 100%. Obama himself is a Racial Socialist. Sure he won't admit to it but he is.You show your lack of understand when you equate Racial Socialism with National Socialism. Try again.
Greed and selfishness are distasteful. Most do not truly benefit from capitalism.
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