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Reply #41: They don't work seamlessly [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-25-09 12:42 AM
Response to Reply #37
41. They don't work seamlessly
People starve because they can't afford food--but you get your money.
People freeze to death because they can't afford their oil--but you get your money.

These ventures have always held risks. It was part of the business of farming and oil production. Now, the government pays the farmers NOT to grow and the oil folks not to produce and they still have their futures. It is a win/win situation for the people at the top of the food chain--not so glorious at the bottom and look at the price we ALL paid so you could get "yours". Then to have to sit and watch you talk about capitalism when you want ALL the benefit without none of the risk is sickening.
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  -What is the main purpose or goal of capitalism?? kentuck  Oct-24-09 11:19 PM   #0 
  - It's based on the scottish enlightenment view that individuals should be in charge...  Writer   Oct-24-09 11:22 PM   #1 
  - That is basically a pure concept of freedom...  kentuck   Oct-24-09 11:25 PM   #4 
     - It means capitalism reduced down or reinterpreted in such a way that it doesn't really...  Writer   Oct-24-09 11:29 PM   #6 
        - Yep.  kentuck   Oct-24-09 11:31 PM   #9 
  - neither  paulsby   Oct-24-09 11:23 PM   #2 
  - But there has to be a sheriff ?  kentuck   Oct-24-09 11:30 PM   #7 
  - of course  paulsby   Oct-24-09 11:32 PM   #10 
     - I agree...  kentuck   Oct-24-09 11:35 PM   #12 
  - All "value" is subjective..  Fumesucker   Oct-24-09 11:43 PM   #16 
  - exactly right  paulsby   Oct-24-09 11:49 PM   #20 
     - Of course, people like to be paid for their labor?  kentuck   Oct-24-09 11:55 PM   #24 
     - first of all  paulsby   Oct-25-09 12:01 AM   #29 
        - And Also, Sir, Vulnerable To Hysteria, Manipulations, and 'Corners'....  The Magistrate   Oct-25-09 12:03 AM   #32 
           - of course  paulsby   Oct-25-09 12:06 AM   #34 
              - And Thus, Sir, You Expose The Great Difficulty Of The Arrangement  The Magistrate   Oct-25-09 12:13 AM   #35 
                 - you fail to understand how futures work  paulsby   Oct-25-09 12:23 AM   #37 
                 - And how does this magnificent market handle surpluses and shortages?  kentuck   Oct-25-09 12:39 AM   #39 
                 - it handles them quite well  paulsby   Oct-25-09 12:42 AM   #40 
                    - like the present swine-flu vaccine?  kentuck   Oct-25-09 12:46 AM   #43 
                 - They don't work seamlessly  Horse with no Name   Oct-25-09 12:42 AM   #41 
                 - My Lack Of Understanding, Sir, Is Legend  The Magistrate   Oct-25-09 01:20 AM   #50 
                 - Well said, Magistrate.  kentuck   Oct-25-09 12:35 AM   #38 
     - The problem with subjective value is that subjectivism is so vulnerable to manipulation..  Fumesucker   Oct-24-09 11:59 PM   #28 
        - Right on Fumesucker...  kentuck   Oct-25-09 12:02 AM   #30 
        - but that;s a good thing  paulsby   Oct-25-09 12:03 AM   #33 
           - But the manipulation of public perception has become a sophisticated science..  Fumesucker   Oct-25-09 12:19 AM   #36 
              - But the entire foundation of our democracy....  kentuck   Oct-25-09 12:44 AM   #42 
                 - At one time the manipulation was on an ad hoc "seat of the pants" basis..  Fumesucker   Oct-25-09 12:55 AM   #47 
  - You Mis-Understand, Sir, The 'Labor Theory' Of Value  The Magistrate   Oct-24-09 11:52 PM   #22 
  - Thank you, Sir.  Swamp Rat   Oct-25-09 01:48 AM   #52 
  - What We Are Dealing with Here, My Friend, is Un-digested Heinlein-ism....  The Magistrate   Oct-25-09 01:55 AM   #54 
     - Grok  Swamp Rat   Oct-25-09 02:08 AM   #56 
  - "labor necessary for these increases in value must be paid somewhat less than the value that labor"  Oregone   Oct-25-09 02:22 AM   #58 
  - Capitalisms main concern isn't if a hole is of less value than a piece of art  Oregone   Oct-25-09 01:43 AM   #51 
  - To enrich shareholders...  targetpractice   Oct-24-09 11:24 PM   #3 
  - Bingo. nt  valerief   Oct-24-09 11:29 PM   #5 
  - We don't have capitalism right now  AllentownJake   Oct-24-09 11:31 PM   #8 
  - I think we may need some sort of "contractual democracy"?  kentuck   Oct-24-09 11:34 PM   #11 
     - Shit will have to hit the fan before anything changes  AllentownJake   Oct-24-09 11:41 PM   #13 
        - A lot of shit will have to hit a big fan...  kentuck   Oct-24-09 11:42 PM   #15 
           - People are still holding onto their pre-crash ideologies  AllentownJake   Oct-24-09 11:48 PM   #19 
              - And those holding most tightly to their pre-crash ideologies...  kentuck   Oct-24-09 11:58 PM   #26 
              - I'm part of that group  AllentownJake   Oct-25-09 12:02 AM   #31 
                 - I might have guessed.  kentuck   Oct-25-09 12:51 AM   #45 
                    - I do  AllentownJake   Oct-25-09 12:58 AM   #49 
              - delete  kentuck   Oct-24-09 11:58 PM   #27 
  - To have the poor assist the wealthy by shoveling the  Horse with no Name   Oct-24-09 11:42 PM   #14 
  - Does capitalism have no compassion?  kentuck   Oct-24-09 11:44 PM   #17 
     - No and No.  Horse with no Name   Oct-24-09 11:47 PM   #18 
        - Would healthcare be considered a part of our capitalism?  kentuck   Oct-24-09 11:50 PM   #21 
           - Yes. Because we have allowed healthcare to become another for-profit industry  Horse with no Name   Oct-24-09 11:57 PM   #25 
              - Very well said..  kentuck   Oct-25-09 12:54 AM   #46 
  - It is an economic system based on competition.which left to its  OHdem10   Oct-24-09 11:55 PM   #23 
  - Absolutely!  kentuck   Oct-25-09 12:57 AM   #48 
  - Competition is not inherent to a capitalistic system  Oregone   Oct-25-09 02:00 AM   #55 
     - "...a caste system" ?  kentuck   Oct-25-09 02:56 AM   #59 
        - Perhaps it does,  Oregone   Oct-25-09 03:12 AM   #60 
        - Only, Sir, While Those Benefiting Most Are Concerned To Maintain a Cloak Of Democracy About Them  The Magistrate   Oct-25-09 03:17 AM   #61 
           - Very interesting, Magistrate.  kentuck   Oct-25-09 03:46 AM   #62 
  - To accumulate capital of course. nt  anonymous171   Oct-25-09 12:49 AM   #44 
  - it is amoral, so it only helps those who help themselves--to as much as possible.  yurbud   Oct-25-09 01:54 AM   #53 
  - Rich get richer, fuck you and me - and everyone else.  old mark   Oct-25-09 02:17 AM   #57 
 

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