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In reply to the discussion: Occupy was right: capitalism has failed the world [View all]Recursion
(56,582 posts)44. Yes, that's crucial. When labor has a voice in capitalism, the system can be amazing (nt)
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Well, apart from producing higher living standards at every centile than any other system ever...
Donald Ian Rankin
Apr 2014
#6
Unfortunately, many of those countries are now trying to be more like us.
nomorenomore08
Apr 2014
#26
Yes, when it's heavily regulated and has a strong social safety net backing it.
HughBeaumont
Apr 2014
#14
If you have an argument that favors capitalism, you havent revealed it. I think Haiti is a great
rhett o rick
Apr 2014
#35
I think that the whole of Europe, America, Australia, Canada, New Zealand, Japan etc are.
Donald Ian Rankin
Apr 2014
#42
That's like saying that the Koch Bro are an example of the overall benefit
rhett o rick
Apr 2014
#56
So if fish are traded for bananas, wealth is increased? What happens when they are traded back?
rhett o rick
Apr 2014
#60
The systems BECOME unregulated because of the increasing wealth and power of the rich
DireStrike
Apr 2014
#18
But I guess I would argue that monopolies are the end-state of capitalism, and
Jackpine Radical
Apr 2014
#19
"Capitalism can work, but only with frequent and recurrent wealth destruction."
nomorenomore08
Apr 2014
#28
Yes, that's crucial. When labor has a voice in capitalism, the system can be amazing (nt)
Recursion
Apr 2014
#44
According to your avatar, its dissolution is an unavoidable consequence of intrinsic contradictions
Recursion
Apr 2014
#46
fair, well regulated capitalism is fine by me. that means real competion, a fair deal.
dionysus
Apr 2014
#49
Paul Krugman: This is a book that will change both the way we think about...
WhaTHellsgoingonhere
Apr 2014
#54