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HiPointDem

(20,729 posts)

45. thanks for the recommendation. i haven't read that.

Reply to chervilant (Reply #44)

Mon Feb 25, 2013, 03:05 PM

Feb 2013

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Capitalism is so broken it can’t be fixed [View all] Live and Learn Feb 2013 OP

Du rec. Nt xchrom Feb 2013 #1

I've seen the krhines Feb 2013 #2

yup. Succeeding wonderfully at impoverishing the many while enriching the few. limpyhobbler Feb 2013 #3

Wisdom TheKentuckian Feb 2013 #4

Exploitation, environmental destruction, gargantuan inequality, poverty, war, corruption alcibiades_mystery Feb 2013 #5

Our capitalist culture is a different thing from capitalism itself Silent3 Feb 2013 #6

capitalism inevitably ends in concentrated wealth & concentrated power. HiPointDem Feb 2013 #9

Being born inevitably leads to death, but we don't ban birth. Silent3 Feb 2013 #11

Being born to Bab$ and Poppy Bu$h would be nice n/t leftstreet Feb 2013 #12

nothing to do with corruption; capitalism operating normally concentrates wealth and power. HiPointDem Feb 2013 #21

Which "design" is that? Silent3 Feb 2013 #22

the design that says capitalism exists to increase & accumulate one's capital investment. if HiPointDem Feb 2013 #23

But businesses come and go all of the time Silent3 Feb 2013 #26

businesses come and go, but capital concentrates. it moves from business to business -- into HiPointDem Feb 2013 #30

And you can attempt to use regulation to minimize those failures Silent3 Feb 2013 #33

my original statement was: capitalism is 'designed' to concentrate capital. just like a game HiPointDem Feb 2013 #34

Ironically, chervilant Feb 2013 #38

i've read plenty of anthropologists, and they don't all agree on 'the origins of our economic HiPointDem Feb 2013 #40

Nope, chervilant Feb 2013 #42

P.S. chervilant Feb 2013 #44

thanks for the recommendation. i haven't read that. HiPointDem Feb 2013 #45

'people buying things' is not a feature specific to capitalism. people have 'bought things,' or HiPointDem Feb 2013 #32

It's not *unique* to capitalism (never said it was), but it's necessary... Silent3 Feb 2013 #35

look, you seem to think i'm comparing capitalism to some other better economic arrangement & HiPointDem Feb 2013 #37

Nice post. gulliver Feb 2013 #10

Capitalism is broken by design. RoccoR5955 Feb 2013 #7

Yup. It's not a bug, it's a feature. truebluegreen Feb 2013 #8

Capitalism isn't designed. Silent3 Feb 2013 #13

Talk about babble RoccoR5955 Feb 2013 #15

People engaged in capitalistic behavior may indeed want... Silent3 Feb 2013 #20

for profit. RoccoR5955 Feb 2013 #41

Profit implies infinite profit no more than eating implies infinite weight gain. Silent3 Feb 2013 #43

a design doesn't necessarily imply a single designer, or any designer. "idealized, theoretical" HiPointDem Feb 2013 #25

There is no "idealized, theoretical" capitalism then that... Silent3 Feb 2013 #27

you're the one who brought up 'idealized theoretical capitalism.' It's a mental concept that HiPointDem Feb 2013 #28

When you use a phrase like "feature, not a bug"... Silent3 Feb 2013 #31

no, it doesn't. no more than 'death is a feature, not a bug, of human life' implies deliberate HiPointDem Feb 2013 #36

Sweden, Norway and Switzerland are capitalist countries (nt) Nye Bevan Feb 2013 #14

Since we won't be switching to socialism (and definitely not anarchism), we better find a way... brooklynite Feb 2013 #16

Maybe we won't be and maybe those aren't the best solutions.... white_wolf Feb 2013 #17

Assuming we're not returning to feudalism or slavery... brooklynite Feb 2013 #19

It isn't broken, this is the way it functions. Starry Messenger Feb 2013 #18

Our capitalist system doesn't recognize the right of citizens to own land - not buy it, own it. reformist2 Feb 2013 #24

Capitalism where? ananda Feb 2013 #29

Don't make me laugh while drinking coffee Coyotl Feb 2013 #39

There's nothing wrong with American capitalism that can't be fixed... Orsino Feb 2013 #46