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Old 06-06-2013, 08:07 AM
 
Location: Londonderry, NH
41,479 posts, read 59,783,759 times
Reputation: 24863

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Capitalism has created the most complacent slave worker class the world has ever seen. They are called machines. They do the work of thousands of people in all industries from Agriculture to wagon making. They never strike. They never revolt. They only wear out in a repairable manner.

The problem is the unreliable and expensive wage demanding workers the mechanical slaves have replaced have not shared in the profits from employing the mechanical slaves. Without the wages from their former work these people cannot purchase as much of the output of the factories. Without the mass market the factories cannot make a profit and without a profit to pay for the machine slaves the system collapses.

We are ironically the victims of our own success. We can produce nearly unlimited goods but we no longer have millions of workers have enough money to purchase the goods. Huge debt has made up some of the shortage but debt really cannot increase forever.

What comes after our form of crony mechanized capitalism? Only Mammon knows.
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Old 06-06-2013, 08:26 AM
 
Location: Allendale MI
2,523 posts, read 2,203,327 times
Reputation: 698
An economy is supposed to efficiently use and CONSERVE resources . Does capitalism do that?
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Old 06-06-2013, 10:11 AM
 
Location: Allendale MI
2,523 posts, read 2,203,327 times
Reputation: 698
A resourced based economy it next. A money free economy.
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Old 06-06-2013, 10:15 AM
 
Location: Londonderry, NH
41,479 posts, read 59,783,759 times
Reputation: 24863
Without money how can we have economic differentiation? Without money how can we have the rich in control while the poor exist on welfare?
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Old 06-06-2013, 10:18 AM
 
Location: Allendale MI
2,523 posts, read 2,203,327 times
Reputation: 698
Quote:
Originally Posted by GregW View Post
Without money how can we have economic differentiation? Without money how can we have the rich in control while the poor exist on welfare?
Well the people that used to be rich will just have to deal with it because them getting rich on consumers can't happen in the future.
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Old 06-06-2013, 10:21 AM
 
Location: Allendale MI
2,523 posts, read 2,203,327 times
Reputation: 698
Quote:
Originally Posted by GregW View Post
Without money how can we have economic differentiation? Without money how can we have the rich in control while the poor exist on welfare?
There would also be no more bank robberies no more people committing suicide or abusing drugs because of debt.
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Old 06-06-2013, 10:35 AM
 
Location: Allendale MI
2,523 posts, read 2,203,327 times
Reputation: 698
Capitalism, socialism and whatever other economy humans use today are based on the earth having infinite resources.
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Old 06-06-2013, 10:39 AM
 
Location: Phoenix, AZ
3,088 posts, read 5,355,355 times
Reputation: 1626
I would love to think that the answer to this question is "enlightenment". . . .but I'm skeptical!
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Old 06-06-2013, 10:40 AM
 
Location: Londonderry, NH
41,479 posts, read 59,783,759 times
Reputation: 24863
Literally the Earth does have infinite resources. They just become uneconomicaly dilute after a few times around. Only fuels are used up by combustion. Everything else sticks around.
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Old 06-06-2013, 10:43 AM
 
1,963 posts, read 1,822,896 times
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Quote:
Originally Posted by GregW View Post
Literally the Earth does have infinite resources. They just become uneconomicaly dilute after a few times around. Only fuels are used up by combustion. Everything else sticks around.
Exactly. Us humans are pretty smart, running out of matter is hardly a concern.
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