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Reply #8: I thought capitalism was "designed" to maximize profit... [View All]

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mix Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-15-10 11:08 AM
Response to Reply #6
8. I thought capitalism was "designed" to maximize profit...
I bet people would pay good money to see that Virgin/Volcano act.
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  -Can capitalism be reformed? mix  Jun-15-10 10:49 AM   #0 
  - First we would have to have capitalism  notesdev   Jun-15-10 10:52 AM   #1 
  - Explain, if you would, why this is not capitalism?  mix   Jun-15-10 10:55 AM   #2 
  - Capitalism has specific requirements  notesdev   Jun-15-10 11:10 AM   #9 
     - Your "evidence" of fascism is just good old American capitalism, it seems to me. nt  mix   Jun-15-10 11:12 AM   #12 
     - It's not  notesdev   Jun-15-10 11:16 AM   #15 
     - "Good Old American Capitalism" didn't gut small towns to tumbleweeds in the early 50s-70s.  HughBeaumont   Jun-15-10 11:36 AM   #22 
        - Corporatism as you are using it simply means monopoly capitalism and the  mix   Jun-15-10 11:43 AM   #26 
        - You mention regulation...  Oregone   Jun-15-10 11:46 AM   #32 
        - So are we asking whether Capitalism can be reformed . . . or humans?  HughBeaumont   Jun-15-10 01:04 PM   #53 
           - Don't put the cart before the horse  Oregone   Jun-15-10 01:39 PM   #58 
        - But Margaret Thatcher did  luxoid   Jun-15-10 12:15 PM   #43 
     - i have to agree with you and also that we dont have true capitalism in this country.  ProgressiveVictory   Jun-15-10 11:15 AM   #14 
     - What is this "true capitalism" that everyone's talking about, but never existed? nt  mix   Jun-15-10 11:17 AM   #16 
        - Its something the capitalism apologist like to reminisce about  Oregone   Jun-15-10 11:26 AM   #21 
        - I also think that claiming that everything odious about our political and economic system  mix   Jun-15-10 11:37 AM   #23 
           - Spot on  Oregone   Jun-15-10 11:42 AM   #25 
              - exactly nt  mix   Jun-15-10 11:44 AM   #28 
        - True capitalism  luxoid   Jun-15-10 11:43 AM   #27 
           - Welcome. Great post n/t  Catherina   Jun-15-10 11:53 AM   #37 
     - Thats a fat bullshit sandwich  Oregone   Jun-15-10 11:21 AM   #17 
        - moreorless what Marx said  luxoid   Jun-15-10 11:57 AM   #38 
        - I'm flabbergasted you even need to explain that. n/t  Catherina   Jun-15-10 01:46 PM   #61 
  - Naw, you got capitalism at its finest  Catherina   Jun-15-10 11:51 AM   #36 
  - The second and third points do not hold true  notesdev   Jun-15-10 12:05 PM   #41 
     - You're trying to put lipstick on a pig and call it a stallion n/t  Catherina   Jun-15-10 01:44 PM   #59 
     - corporatism and capitalism are esentially the same  luxoid   Jun-15-10 02:30 PM   #70 
  - good point  grantcart   Jun-15-10 01:01 PM   #52 
  - I like the poll, but there are two questions:  tomg   Jun-15-10 10:58 AM   #3 
  - Capitalism is reformable...the New Deal for example. nt  mix   Jun-15-10 11:00 AM   #4 
     - I don't know. I sort of think,  tomg   Jun-15-10 11:48 AM   #33 
  - I'm beginning to think it's not the system  guitar man   Jun-15-10 11:02 AM   #5 
  - The tree of capitalism needs to be replenshed with  safeinOhio   Jun-15-10 11:07 AM   #7 
  - +1  libmom74   Jun-15-10 11:45 AM   #29 
  - Heh.  rrneck   Jun-15-10 11:46 AM   #30 
  - A system vulnerable to fools is no great system at all.  Oregone   Jun-15-10 11:13 AM   #13 
     - Agreed  guitar man   Jun-15-10 12:01 PM   #39 
  - Capitalism is designed to  rrneck   Jun-15-10 11:05 AM   #6 
  - I thought capitalism was "designed" to maximize profit...  mix   Jun-15-10 11:08 AM   #8 
  - Remember the movie  rrneck   Jun-15-10 11:23 AM   #18 
  - Resoures are already getting scarce  luxoid   Jun-15-10 12:49 PM   #50 
     - Yep.  rrneck   Jun-15-10 01:00 PM   #51 
        - couldn't agree more  luxoid   Jun-15-10 01:13 PM   #55 
  - can, or will? of course it CAN, but WILL it ever be?  dionysus   Jun-15-10 11:10 AM   #10 
  - Temporarily at best, but its not "broken"  Oregone   Jun-15-10 11:11 AM   #11 
  - No it can only be overthrown  luxoid   Jun-15-10 11:23 AM   #19 
  - Welcome to DU.  Starry Messenger   Jun-15-10 12:36 PM   #49 
  - +1 n/t  Catherina   Jun-15-10 01:51 PM   #63 
  - Pessimistic short term, optimistic long term  Warpy   Jun-15-10 11:23 AM   #20 
  - Other: I just don't know anymore. Plus isn't the REAL question something else?  tom_paine   Jun-15-10 11:41 AM   #24 
  - Early years of the Russian revolution  luxoid   Jun-15-10 01:06 PM   #54 
  - Any system has to be primarily geared to directing greed.  Kablooie   Jun-15-10 11:46 AM   #31 
  - Is this true? "Greed" is the "primary essence of humanity"?  mix   Jun-15-10 11:51 AM   #34 
  - Of course it's not the only tendency but it's a force that's always there.  Kablooie   Jun-15-10 12:03 PM   #40 
  - We evolved to survive  luxoid   Jun-15-10 01:22 PM   #56 
  - I don't think so...not at this point...  jeffrey_X   Jun-15-10 11:51 AM   #35 
  - Marx's theory on why not  murdoch   Jun-15-10 12:05 PM   #42 
  - Whilst i think Marx is not entirtely right he is the best we have  luxoid   Jun-15-10 12:29 PM   #48 
  - Capitalism needs to be phased out  chillspike   Jun-15-10 12:19 PM   #44 
  - The elite have the men with guns. nt  valerief   Jun-15-10 12:21 PM   #45 
  - a visual aid  mix   Jun-15-10 12:28 PM   #47 
     - Excellent! nt  valerief   Jun-16-10 08:23 AM   #78 
  - I picked other: No  Starry Messenger   Jun-15-10 12:24 PM   #46 
  - What if prices included "social costs"? Environmental damage, etc. (nt)  philly_bob   Jun-15-10 01:38 PM   #57 
  - you cant pay for environmental danage  luxoid   Jun-15-10 03:09 PM   #73 
  - Agenda for a New Economy, by David Korten  jgraz   Jun-15-10 01:45 PM   #60 
  - Well for starters, the government would have to nationalize the "too big to fail" banks  Taverner   Jun-15-10 01:48 PM   #62 
  - It has time and time again and keeps coming back...  mix   Jun-15-10 08:56 PM   #75 
     - Well yeah, you gotta keep doing that  Taverner   Jun-15-10 09:32 PM   #77 
  - Only when CEOs face life in prison & loss of ALL wealth will capitalism be reformed  AnArmyVeteran   Jun-15-10 01:56 PM   #64 
  - we can live in hope!  luxoid   Jun-15-10 02:02 PM   #66 
     - Wouldn't it be something if CEOs were as accountable as we were?  AnArmyVeteran   Jun-15-10 02:21 PM   #69 
        - Yes it would  luxoid   Jun-15-10 02:32 PM   #71 
  - Is there a problem with small business capitalism?  moondust   Jun-15-10 02:01 PM   #65 
  - not according to Lenin  luxoid   Jun-15-10 02:20 PM   #68 
  - Capitalism is based on the idea of profit -- that's its problem  starroute   Jun-15-10 02:13 PM   #67 
  - No, it cannot be reformed.  blindpig   Jun-15-10 03:04 PM   #72 
  - Not a chance  Populist_Prole   Jun-15-10 03:11 PM   #74 
  - We need a system where money does not have such primacy.....  marmar   Jun-15-10 09:02 PM   #76 
 

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