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Yes, it's stripped bare now for all the world to see. It's a corrupt broken system and it has failed badly for everyone in one way or another with the exception of the uber-rich and now it will fail them as well.
There is no arguing the excellent points made here. Oh, of course folks will try but they will be blowing hot air because this is just common sense.
Yes, it's stripped bare now for all the world to see. It's a corrupt broken system and it has failed badly for everyone in one way or another with the exception of the uber-rich and now it will fail them as well.
There is no arguing the excellent points made here. Oh, of course folks will try but they will be blowing hot air because this is just common sense.
Crony capitalism, the managed market, is what you vote for. Free market capitalism works. The countries with the freest markets are the best economically.
But you wont learn that by listening to the ones who have a track record of being horrible on economics. Your posts prove it.
LOL, no... Just... No. We are not going to become a communist country because of a virus with a 1% mortality rate, and likely falling Keep dreaming Bernie bros. You folks are delusional.
What people forget is capitalism has many stages. You dont get to pick and choose which stage you want and it somehow magically stays there, it has a life cycle. It evolves. In early stages when there are lot of small competitors actually competing, it works. When it boils down and concentrates into few oligopolies and finally monopolies, with enough power for tail to wag the dog, it doesnt. And thats normal evolution of capitalism, it seeks to concentrate wealth, thats its end goal, its own death spiral. We are at that later stage. The greater the wage disparity from peon worker to mega boss, the worse shape its in. Look at wage disparity in 1950s and today. Relatively small gully back then, now its wider than Grand Canyon.
We need more government control over this sort of thing though...because this is going to happen again at some point, and it's going to be worse at some point. We need what South Korea has:
No, we need less. Big governments around the world have been shutting their economies down and making the economic problems worse. The resulting poverty will kill far more people than a virus with a 1% mortality rate and many new treatments arising monthly. Anything that disrupts supply chains could lead to shortages of critical supplies. It wouldn't be fair to expect medical workers to work without gloves and masks for example, and these are things provided by the economy, private businesses and workers.
I hear they are testing a very promising medication here in the United States as we speak. Let's hope it works, and brings the mortality rate under 1% by the end of spring.
Yeah, this is like saying "if you've had a heart attack, your heart surgeon should control every aspect of your life." No thanks. We'll call on the heart surgeon when we need him and send him on his way when we don't. And let's not forget even the heart surgeon relies on capitalism to provide him with the means and tools to ply his trade.
Meanwhile, where do these deadly outbreaks keep originating from? (Hint: it's not from countries whose primary economic structure rhymes with "practical prism")
No, we need less. Big governments around the world have been shutting their economies down and making the economic problems worse. The resulting poverty will kill far more people than a virus with a 1% mortality rate and many new treatments arising monthly. Anything that disrupts supply chains could lead to shortages of critical supplies. It wouldn't be fair to expect medical workers to work without gloves and masks for example, and these are things provided by the economy, private businesses and workers.
I hear they are testing a very promising medication here in the United States as we speak. Let's hope it works, and brings the mortality rate under 1% by the end of spring.
It also has a 10% hospitalization rate. That hospitalization rate is going to be extremely expensive if the disease is allowed to spread. Ideally we'll be able to do that early enough that we never need those supplies you mentioned. That ability to quickly shut down a disease requires big government action...and we know South Korea's system works, because it has.
When something that spreads as quickly as the corona virus, but is far deadlier comes...and I don't know why it wouldn't...the free market isn't going to cut it alone. We're going to require some kind of government system in place, or something we can scrap together pretty quick.
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