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