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Reply #68: No, nor is it in the best interests of the world at large. nt [View All]

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mix Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-09-10 09:45 PM
Response to Reply #10
68. No, nor is it in the best interests of the world at large. nt
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  -Is capitalism working? mix  Jul-09-10 03:54 PM   #0 
  - There really much true "capitalism" in this country nowadays  The Northerner   Jul-09-10 03:56 PM   #1 
  - Agree "crony capitalism" at its worst with congress & president owned by corporatists and SCOTUS  jody   Jul-09-10 04:04 PM   #6 
  - You mean fairy capitalism came out of its cocoon, and turned into real-world capitalism?  Oregone   Jul-09-10 04:16 PM   #11 
  - "You mean fairy capitalism came out of it's cocoon  socialist_n_TN   Jul-09-10 05:57 PM   #44 
     - Funny: it pretty much exactly matches the capitalism Marx described.  readmoreoften   Jul-09-10 06:11 PM   #53 
     - Oh it's not just wanting to go back to petit bourgeois  socialist_n_TN   Jul-09-10 07:18 PM   #63 
        - Excellent subthread, readmore and SnTN  Starry Messenger   Jul-10-10 01:26 PM   #99 
     - There is also a social scientific argument to make as well.  mix   Jul-10-10 09:25 AM   #94 
  - I prefer the term "socialism for the rich"  Kievan Rus   Jul-09-10 11:52 PM   #76 
     - i think of it as supreme capitalism  tiny elvis   Jul-10-10 09:21 AM   #93 
  - Is making generalities about complex issues working?  Taitertots   Jul-09-10 03:56 PM   #2 
  - It's not an either/or question.  mix   Jul-09-10 04:00 PM   #3 
     - That is also assuming the complex system we have should even be considered capitalism  Taitertots   Jul-09-10 04:07 PM   #9 
        - I see no foundation for questioning whether or not we live, as does most of the globe,  mix   Jul-09-10 04:24 PM   #15 
           - So now it is an umbrella that includes China, the EU, and the US  Taitertots   Jul-09-10 04:41 PM   #20 
              - The global capitalist system definitely includes the Chinese, EU, and the US economies. nt  mix   Jul-09-10 05:06 PM   #26 
                 - They are all complex mixed economies  Taitertots   Jul-09-10 05:14 PM   #30 
                    - Capitalism has been understood since the 19th century as a global system.  mix   Jul-09-10 05:25 PM   #36 
                       - The only people who think that have no understanding of the complex nature of the world economy  Taitertots   Jul-09-10 06:46 PM   #59 
                       - Even Marx would laugh at that statement  nadinbrzezinski   Jul-09-10 11:55 PM   #78 
                       - How so?  mix   Jul-10-10 07:49 AM   #84 
                          - Try to READ all of DAS KAPITAL  nadinbrzezinski   Jul-10-10 01:30 PM   #103 
                             - You obviously know nothing about Marx. nt  mix   Jul-10-10 01:32 PM   #106 
                                - And you have nothing so you go down to personal insults  nadinbrzezinski   Jul-10-10 01:45 PM   #111 
                                   - The observation is the insult,  mix   Jul-10-10 02:40 PM   #119 
                                   - Marx on the world market:  mix   Jul-11-10 11:33 AM   #122 
                                      - Ding! nt  Starry Messenger   Jul-11-10 11:39 AM   #123 
                                         - Not sure if "Ding!" is good,  mix   Jul-11-10 02:59 PM   #124 
                                            - Ding is good.  Starry Messenger   Jul-11-10 04:26 PM   #129 
                                               - Without Marx,  mix   Jul-11-10 05:03 PM   #132 
                       - Maybe a global menace... n/t  TBF   Jul-10-10 08:27 AM   #90 
  - No doubt about the reality that concentration of wealth yields concentration  HereSince1628   Jul-09-10 04:01 PM   #4 
  - +1 nt  mix   Jul-10-10 09:13 AM   #92 
  - Working for Whom? n.t.  jtuck004   Jul-09-10 04:02 PM   #5 
  - For the top 2% and their enablers, it's working great.  mix   Jul-09-10 04:07 PM   #8 
     - I think Capitalism is the only system that has a chance.  jtuck004   Jul-09-10 11:52 PM   #77 
     - You start off with a fallacy, and then devolve from there...  Cleobulus   Jul-11-10 07:07 PM   #137 
        - I will be the first to admit that my knowledge of other economic and political  jtuck004   Jul-11-10 08:30 PM   #144 
           - Look up co-operative economics, if you are interested...  Cleobulus   Jul-13-10 01:39 AM   #147 
              - I will.  jtuck004   Jul-13-10 08:52 AM   #148 
     - Well said, Mix.  SusanaMontana41   Jul-10-10 03:14 AM   #83 
     - thanks nt  mix   Jul-10-10 12:44 PM   #97 
     - You got that right!  Joe Bacon   Jul-10-10 01:29 PM   #102 
  - Working quite nicely. For the ruling class/capitalists, that is.  inna   Jul-09-10 04:06 PM   #7 
  - Yes. It efficiently distributes wealth generated via production to owners  Oregone   Jul-09-10 04:14 PM   #10 
  - No, nor is it in the best interests of the world at large. nt  mix   Jul-09-10 09:45 PM   #68 
  - Capitalism is working the way it has always worked. What isn't working is regulation.  Selatius   Jul-09-10 04:17 PM   #12 
  - The fundemental problem is that Capitalism will always do that.  blindpig   Jul-09-10 04:32 PM   #18 
  - It only works well under heavy regulation and with wage support  Warpy   Jul-09-10 04:20 PM   #13 
  - Except that as disparity increases, the wealthiest lobby for less regulation  Oregone   Jul-09-10 04:26 PM   #17 
     - Which is why the whole mess actually started  Warpy   Jul-09-10 05:14 PM   #31 
  - I voted no, but there's a technicality...  Chulanowa   Jul-09-10 04:21 PM   #14 
  - it is a failed system  lovuian   Jul-09-10 04:26 PM   #16 
  - But what's next? It has failed, but it lives.  mix   Jul-09-10 05:47 PM   #42 
  - Well, it's doing what it always does.  Starry Messenger   Jul-09-10 04:39 PM   #19 
  - Capialism is dead, and has been since at least the late 70's...  Ozymanithrax   Jul-09-10 04:44 PM   #21 
  - So Reagan and Thatcher did not happen?  mix   Jul-09-10 04:51 PM   #22 
  - they were fascists, not capitalists  fascisthunter   Jul-09-10 04:54 PM   #24 
  - I don't accept that argument.  mix   Jul-09-10 05:01 PM   #25 
     - sorry, I disagree... both used government to further corporate power  fascisthunter   Jul-09-10 05:11 PM   #29 
     - You do not understand either fascism or capitalism.  mix   Jul-09-10 05:20 PM   #34 
     - Also, in fascist systems the state merges with the party, leader and people in political praxis.  mix   Jul-11-10 03:15 PM   #125 
     - Fascists use the corporations to further government power  Oregone   Jul-09-10 05:37 PM   #38 
     - Son you should do some reading into the  nadinbrzezinski   Jul-09-10 11:27 PM   #73 
        - Here's some reading for you.  mix   Jul-10-10 09:39 AM   #95 
           - Yeah and I have said the US is an imperial power  nadinbrzezinski   Jul-10-10 01:31 PM   #104 
              - The nation-state is so yesterday. nt  mix   Jul-10-10 01:33 PM   #108 
                 - Actually at the very systemic level  nadinbrzezinski   Jul-10-10 01:43 PM   #110 
  - The modern system we have isn't capitalism, free market capitalism..  Ozymanithrax   Jul-09-10 05:08 PM   #27 
     - This is entirely wrong and a complete misreading of history and capitalism.  mix   Jul-09-10 05:09 PM   #28 
     - And I could not disagree more... n/t  Ozymanithrax   Jul-09-10 05:15 PM   #33 
     - You couldn't say it any stronger, but you couldn't support it any less n/t  Taitertots   Jul-09-10 06:48 PM   #60 
     - The poll and posts speak for themselves.  mix   Jul-09-10 07:10 PM   #61 
        - Again I could recommend a few books  nadinbrzezinski   Jul-09-10 11:29 PM   #74 
           - Hardly, they show that most people understand that we live under a capitalist system,  mix   Jul-10-10 08:02 AM   #85 
           - You are thinking jackboots and the nazi state aren't you  nadinbrzezinski   Jul-10-10 01:28 PM   #101 
              - Where's your evidence?  mix   Jul-10-10 01:31 PM   #105 
                 - I posted some sources somewhere else in the thread  nadinbrzezinski   Jul-10-10 01:46 PM   #112 
                    - Those sources do not prove your points, in fact they directly contradict them. nt  mix   Jul-10-10 01:57 PM   #116 
                       - A command economy IS the definition of capitalism?  nadinbrzezinski   Jul-10-10 02:00 PM   #117 
                          - No. In each others' eyes,  mix   Jul-10-10 02:06 PM   #118 
           - Re the "Third Way":  mix   Jul-11-10 04:38 PM   #131 
     - You are absolutely correct...Ozy is just the latest apologist for capitalist failure  alcibiades_mystery   Jul-09-10 07:17 PM   #62 
        - Where did this "corporatism" meme come from? nt  mix   Jul-11-10 05:16 PM   #133 
     - Your analysis is total gibberish. There is no such thing as "corporatism";  readmoreoften   Jul-09-10 06:07 PM   #51 
        - From formal to real subsumption  alcibiades_mystery   Jul-09-10 07:19 PM   #64 
        - Adam Smith, like Marx, wrote a description of a Utopian system...  Ozymanithrax   Jul-09-10 09:12 PM   #67 
        - Where did this "corporatism" meme come from?  mix   Jul-11-10 04:29 PM   #130 
  - Oh, come on. Just because it isn't Keynesianism, doesn't mean it isn't capitalism.  readmoreoften   Jul-09-10 06:00 PM   #46 
     - +1 nt  mix   Jul-09-10 06:02 PM   # 
     - And a few pointy headed economistsq  nadinbrzezinski   Jul-09-10 11:32 PM   #75 
  - for a puny minority it is... all hail aristocracy  fascisthunter   Jul-09-10 04:53 PM   #23 
  - For the rich, it is working swell. NT  SocialistLez   Jul-09-10 05:14 PM   #32 
  - Neither Capitalism or Socialism are ideal  chillspike   Jul-09-10 05:21 PM   #35 
  - it's works well in Europe, a mix between the two  fascisthunter   Jul-09-10 05:45 PM   #40 
  - Tell that to the Greeks.  dkf   Jul-09-10 05:55 PM   #43 
     - it works fine when corrupt bankers are not added to the mix  fascisthunter   Jul-09-10 06:02 PM   #48 
        - "Corrupt bankers" are at the core of capitalism. It's how it operates. People who don't work for a  readmoreoften   Jul-09-10 06:20 PM   #56 
        - The bankers allowed them to provide these benefits longer than they should have.  dkf   Jul-09-10 07:36 PM   #66 
        - Uh..."Wall St. Helped to Mask Debt Fueling Europe’s Crisis"  brentspeak   Jul-11-10 07:11 PM   #138 
        - "any pure economic system is foolish and impossible. A mix is what is necessary with regulation."  dionysus   Jul-09-10 09:58 PM   #69 
  - Capitalism and socialism are both sides of the same coin? Uh, no.  readmoreoften   Jul-09-10 06:19 PM   #55 
  - Only in the sense that a lot of people still believe in it  FooshIt   Jul-09-10 05:27 PM   #37 
  - Voted "other"  Caliman73   Jul-09-10 05:44 PM   #39 
  - See my post #44.........  socialist_n_TN   Jul-09-10 07:30 PM   #65 
  - The question is it working but who is it working for?  grantcart   Jul-09-10 05:46 PM   #41 
  - The rich are getting richer, the poor poorer, and since that is its goal...  joeybee12   Jul-09-10 05:58 PM   #45 
  - I had not thought of that, excellent point.  mix   Jul-09-10 06:00 PM   #47 
  - Exactly. Capitalism is working exactly how it is supposed to: against us.  readmoreoften   Jul-09-10 06:22 PM   #58 
  - Deleted message  Name removed   Jul-09-10 06:03 PM   #49 
  - It definitely works for some in all kinds of ways, good and bad.  mix   Jul-09-10 06:06 PM   #50 
  - WOW! I think I'm inspired to invest in factories in Indonesia now! It's all great!  readmoreoften   Jul-09-10 06:08 PM   #52 
     - Deleted message  Name removed   Jul-09-10 06:16 PM   #54 
        - Yes. I'm sure he will.  readmoreoften   Jul-09-10 06:21 PM   #57 
  - What do you call Capitalism that only favors Cronies and Insiders?  lib2DaBone   Jul-09-10 10:45 PM   #70 
  - Capitalism in real life  Oregone   Jul-09-10 11:21 PM   #71 
  - Neoliberal capitalism. nt  mix   Jul-10-10 08:13 AM   #86 
  - Real Capitalism.  Odin2005   Jul-10-10 01:27 PM   #100 
  - Corporatism is working wonderfully  nadinbrzezinski   Jul-09-10 11:25 PM   #72 
  - Define "corporatism," if you would, its history and meaning.  mix   Jul-10-10 08:24 AM   #88 
     - The modern form is the state helping corporations achieve  nadinbrzezinski   Jul-10-10 01:40 PM   #109 
        - Great DeLong article that does not support your use of corporatism at all.  mix   Jul-10-10 01:54 PM   #114 
  - NO  KillCapitalism   Jul-10-10 01:31 AM   #79 
  - Depends how you measure "working." If the goal is to make the rich richer & screw the  Vidar   Jul-10-10 02:04 AM   #80 
  - It's working so shamefully well that tho I rec'd this thread, it's still 0 n/t  Catherina   Jul-10-10 02:10 AM   #81 
  - Thanks for caring!  mix   Jul-10-10 11:38 AM   #96 
  - Capitalism is a system that thrives on scarcity and inequality...  Cleobulus   Jul-10-10 02:16 AM   #82 
  - Sure, for the top 3% it is working just fine.  TBF   Jul-10-10 08:17 AM   #87 
  - Yes it is  Ichingcarpenter   Jul-10-10 08:26 AM   #89 
  - I think we need some sort of merit based system.  Xicano   Jul-10-10 09:09 AM   #91 
  - Of course it's working, that why we little people are getting screwed.  Odin2005   Jul-10-10 01:25 PM   #98 
  - It works only if you're a greedy sociopathic amoral multi millionaire  Lorien   Jul-10-10 01:32 PM   #107 
  - I voted "Yes"  Hydra   Jul-10-10 01:50 PM   #113 
  - We don't live under "capitalism" or even anything that vaguely resembles it...  jimlup   Jul-10-10 01:56 PM   #115 
  - capitalism is a system that concentrates capital. it creates oligarchy.  Hannah Bell   Jul-11-10 07:07 PM   #136 
  - It's working exactly as planned. Unfortunately.  chaska   Jul-10-10 02:43 PM   #120 
  - Today, true capitalism is limited to the underground economy  Goldstein1984   Jul-10-10 03:06 PM   #121 
  - Working for Capitalist financiers!  kgnu_fan   Jul-11-10 03:36 PM   #126 
  - .  mix   Jul-11-10 03:44 PM   #127 
     - i love the first graphic and wish some one would update the 'worker'  xchrom   Jul-13-10 09:49 AM   #151 
  - Analysis: many people at DU are not satisfied  mix   Jul-11-10 04:20 PM   #128 
  - In a sense no, in a sense yes, most Americans still have faith in capitalism...  Cleobulus   Jul-11-10 07:04 PM   #135 
     - You could vote no here--that capitalism is not working--  mix   Jul-11-10 07:39 PM   #139 
        - True, but if I remember right, the poll question I'm referencing is...  Cleobulus   Jul-13-10 01:28 AM   #146 
  - Yes. Perfectly.  Touchdown   Jul-11-10 06:32 PM   #134 
  - Capitalism only works if....  Bloofer_Lady   Jul-11-10 07:48 PM   #140 
  - Welcome to DU!  asdjrocky   Jul-11-10 07:50 PM   #141 
  - Thank you!  Bloofer_Lady   Jul-11-10 08:00 PM   #143 
  - Welcome aboard!  mix   Jul-11-10 09:40 PM   #145 
  - Capitalism is working for the most corrupt, soulless and psychotic people.  AnArmyVeteran   Jul-11-10 07:56 PM   #142 
  - Sure, for the people with all the capital. nt  uncommon   Jul-13-10 08:56 AM   #149 
  - For whom? (Of course it's working - perfectly.)  RadicalTexan   Jul-13-10 09:04 AM   #150 
 

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