EyeBRollin
Master Don Juan
- Joined
- Oct 18, 2015
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- 35
Lol.The government didnt have a deficit until fiat was instituted.
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Lol.The government didnt have a deficit until fiat was instituted.
Capitalism is never flawed. Capitalism is the default format of the human barter system. It is the raw form of exchange and trade. Communism is when someone goes "I think I can do capitalism better than everyone else participating in the system."basically both capitalism and communism are flawed ideas
I think the default format of the human system is violence , which again is flawedCapitalism is never flawed. Capitalism is the default format of the human barter system. It is the raw form of exchange and trade. Communism is when someone goes "I think I can do capitalism better than everyone else participating in the system."
there will never be democracy as long as people can not pass on to the new generation their wealth Or power .Our current system of capitalism is flawed because we've adopted fiat currency, which means the government can print limitless amounts of monopoly money and give it to their elite friends while everyone else's wealth is diminished.
Only when the Petro-Dollar is crushed will democracy and freedom be restored.
The problem becomes paying unskilled labor 3x what they are worth, "just because" and protecting lazy people who do little to no work to the point it's impossible to get rid of them just because they are in a union.Unions, at face value, are great things. Rich white CEOs don't care about workers, so someone has to.
Wrong again. Capitalism has nothing to do with money. Money is just one form of exchange. Actually, what we have now are promises, not actual valuable things. The saying "it's worth as much as the paper it is printed on" rings true. Most of us are dumb for using green dollars to exchange things, no less digital fiat currency. When we were backed by gold, everything had a lot more value cause it was consistent and they couldn't cheat economics like they do now. Btw, fiat is socialism/ communism, not capitalism. The reason:capitalism is flawed because the essence of it is money
when everything was backed by gold , rich men were still rich , while poor people were poorWrong again. Capitalism has nothing to do with money. Money is just one form of exchange. Actually, what we have now are promises, not actual valuable things. The saying "it's worth as much as the paper it is printed on" rings true. Most of us are dumb for using green dollars to exchange things, no less digital fiat currency. When we were backed by gold, everything had a lot more value cause it was consistent and they couldn't cheat economics like they do now. Btw, fiat is socialism/ communism, not capitalism. The reason:
These three traits is why we are not on capitalism atm.
- Centralized.
- Regulated
- Does not follow supply or demand.
The thing about the topic of economists is that I can out everyone who never studied or engaged in it themselves.when everything was backed by gold , rich men were still rich , while poor people were poor
same as it is now
becoming rich in capitalism means that you gain power , and power is given not taken by force (unless you do not go through a bloody civil war )
Like everyone who are running the show , you would rather maintain the power inside the family rather than giving it to a stranger
Oh, so my lived experience of being an Amazon worker last year is irrelevant then? Never had to pee in a bottle once.People who don't know that Amazon workers literally pee in bottles because they don't get breaks and Amazon was forced to admit that's not just a rumor.
I agree with you till a point .The thing about the topic of economists is that I can out everyone who never studied or engaged in it themselves.
Listen, Bigpapa, everything you say is what every naive person has said when it comes to this topic. The same talking points, the same fictional backing, and no evidence to the contrary.
- When everything is backed by gold, the economy becomes based on precious metals. Which is why gold, silver, and copper were the norm. And a for a time, brass.
- The difference between communism and capitalism in regards to power, in the former, only a few can become powerful. In the latter, everyone has a chance to. As for the tirade about power taken by force, that is something only socialist/ communists do as an ironic point.
- as for familial power, that power still comes from using their resources to pay others to maintain status quo, and that payment is the capitalist exchange of wealth through wages that others can use as they see fit, often to raise their own power, too.
Capitalism allowing people to use the government to create socialist policies to lower competition is not a feature of capitalism. This happens in socialism and especially communism. What you're describing happens regardless of the system. The only way to remove that is to kill all human beings.I agree with you till a point .
it is said that anyone can take power in capitalism , which is very true . But only at the beginning of it
After a while , groups of power will be created that will use their resources to keep the power that they got
if this would not be the case , than we would not have the same people ( or people from their family tree running the show )
research most of the politicians , bankers , business people . They all come from families that had money / power . Every powerful person wants to create a dynasty
sure , there are also self made people , but overall this guys are a minority , and most likely it happened mainly because they were lucky
that is why capitalism is flawed , because when people talk about it they do not take into consideration the group of powers that never really give away the power
look at Europe vs AmericaCapitalism allowing people to use the government to create socialist policies to lower competition is not a feature of capitalism. This happens in socialism and especially communism. What you're describing happens regardless of the system. The only way to remove that is to kill all human beings.
The difference with capitalism is that it allows people to compete for power, resulting in keeping power in check. That's why one moment oil companies were on top, and the next now it's green energy companies. That's a modern example of why capitalism is good. Multiple powerful people with their own agendas are competing for the government's influence. Another example is the internet: it was almost made into a public utility until Trump came in and got rid of the Obama bill. Again, another example of the benefit of capitalism.
What you want is a world where people don't take advantage of each other and that will never be. We here on SS are to teach people like you how to survive in that kind of world. One of the mistakes you make is calling capitalism bad. No, my friend, capitalism is the friend of all men. And you need to learn and accept the world for what it is in order to learn to navigate it.
America has more millionaires per capita than all countries in the world. That is a lie about Europe. Europe is a socialist hellhole of high taxes and regulations. No one can be wealthy in that environment.look at Europe vs America
Europeans are wealthier on average than Americans are
sure , they do not have extreme cases of super super billionaires , but on average the European life is way better than the American one . This happens because they do not have the extreme poverty cases that quite a significant proportion of the Americans have
In Europe you do not have the savage capitalism that you have in US . Europe is a hybrid between socialism and capitalism .
also , since you are into economics . You know why Obama pushed the Obama care ?
hint ; it has nothing to do with socialism
sorry man , but you have no idea how economics worksAmerica has more millionaires per capita than all countries in the world. That is a lie about Europe. Europe is a socialist hellhole of high taxes and regulations. No one can be wealthy in that environment.
Obama care was a socialist nuke on the medical industry.
Chicago is a mini socialist nightmare. He does not speak for the rest of the country. Having an American friend as your only experience of America wealth is beyond naive.he earns now 65k euros , which is like 3.8k euro net per month , and his last salary in Chicago was 150k
you can compare any city in the world with this tool , and it has way more data references than my experience ( especially for the big cities )Chicago is a mini socialist nightmare. He does not speak for the rest of the country. Having an American friend as your only experience of America wealth is beyond naive.
Have no idea from where you get your ideas from , but for sure they are more on the extremist spectrum
There is nothing extreme about basic economics.
also , the Obama care was about health insurance becoming so expensive that healthy people would choose not to have one for the time they are healthy , and only do one once they started having health problems
No, obamacare was about monopolizing healthcare to increase revenue for the government while pricing out other companies.
Context matters. Always.you can compare any city in the world with this tool , and it has way more data references than my experience ( especially for the big cities )
you can put it in whatever context you want , Europeans have a higher standard of living than AmericansContext matters. Always.