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View Poll Results: What system brought about the Great Recession?
Capitalism run amuck 27 67.50%
Socialism 12 30.00%
Communism 1 2.50%
Voters: 40. You may not vote on this poll

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Old 01-01-2010, 02:27 PM
 
1,179 posts, read 976,238 times
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Since some of you really need a refresher course on reality...
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Old 01-01-2010, 02:30 PM
 
Location: Arizona High Desert
4,792 posts, read 5,904,704 times
Reputation: 3103
Feeling the sting from this recession doesn't conjure up anything but American greedheads in shiny suits with their power lunches, and private jets.
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Old 01-01-2010, 02:53 PM
 
30,075 posts, read 18,682,634 times
Reputation: 20894
Quote:
Originally Posted by Feel The Love View Post
Since some of you really need a refresher course on reality...

I guess the question should be asked as well, "What system was associated with the rise of the greatest economy in human history?"

A. Communism

B. Feudalism

C. Capitalism

D. Socialism


PS- this is not a "K"type question.
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Old 01-01-2010, 03:01 PM
 
Location: NC
9,984 posts, read 10,398,124 times
Reputation: 3086
Quote:
Originally Posted by hawkeye2009 View Post
I guess the question should be asked as well, "What system was associated with the rise of the greatest economy in human history?"

A. Communism

B. Feudalism

C. Capitalism

D. Socialism


PS- this is not a "K"type question.
The answer is D Socialism. The greatest economy in the world currently is the European Union. Though somehow I doubt that is what you wanted to hear.

http://en.wikipedia.org/wiki/Economy...European_Union
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Old 01-01-2010, 05:18 PM
 
12,270 posts, read 11,337,216 times
Reputation: 8066
You missed one...Government Interference in the Free Market.
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Old 01-01-2010, 05:22 PM
 
26,221 posts, read 49,072,443 times
Reputation: 31791
Quote:
Originally Posted by Dockside View Post
You missed one...Government Interference in the Free Market.
I think it's much the opposite, lack of government control, gutting of Glass-Steagall, etc, designed to prevent abuses.
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Old 01-01-2010, 05:35 PM
 
Location: somewhere in the woods
16,880 posts, read 15,207,835 times
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Quote:
Originally Posted by Mike from back east View Post
I think it's much the opposite, lack of government control, gutting of Glass-Steagall, etc, designed to prevent abuses.

show me where in the Constitution where the goverment has the right to interfere with private business?
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Old 01-01-2010, 05:38 PM
 
Location: Sango, TN
24,868 posts, read 24,403,011 times
Reputation: 8672
Greed, way to much Greed.

Greed is the very basis of capitalism. Capitalism only works when the major employers have a sense of patriotism, and realize that they have enough.

I'd like to ask them, "how much money is enough?" Is the answer, there is never enough, is 500 billion enough, how about 100 billion?

I think I can liver quite comfortably on 100 billion dollars a year. I think I could live just as well on 100 million a year.
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Old 01-01-2010, 05:42 PM
 
Location: Land of debt and Corruption
7,545 posts, read 8,331,463 times
Reputation: 2889
Quote:
Originally Posted by Mike from back east View Post
I think it's much the opposite, lack of government control, gutting of Glass-Steagall, etc, designed to prevent abuses.
Even Paul Volcker, chariman of Obama's Economic Advisory Board does not suggest we return to Glass-Steagall.
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Old 01-01-2010, 05:46 PM
 
Location: Gone
25,231 posts, read 16,949,873 times
Reputation: 5932
Quote:
Originally Posted by Feel The Love View Post
Since some of you really need a refresher course on reality...
So far it is 100% correct in the polling, so looks like people are more aware than expected eh.
Casper
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