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Reply #73: Again this is greed, and I agree that the greatest profits can be made... [View All]

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AntiFascist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 10:06 PM
Response to Reply #70
73. Again this is greed, and I agree that the greatest profits can be made...

from war. Addressing both your post and the post by kenzee13:

capitalism is only an economic system which, when properly regulated, works efficiently. What we are really talking about is fascism, where a relatively small group of capitalists basically take over the government in order to benefit their own corporate interests and often engage in wars to further takeover the resources of other nations. This would not work without the benefit of government cooperation, and it usually leads to the decline of competition and the rise of monopolies. This type of system cannot sustain itself, hence it is unhealthy - it only works for the short-term benefit of those profiteering. If they can enjoy the profiteering over the course of their lifetime, then they are not concerned with the long-term economic effects on the rest of society. Even in the case of Walmart, Walmart only works because of the effect of corporatism taking root in China. China gets to pick and choose which American corporations participate in the Chinese market (labor or consumer), so basically healthy competition is ruled out there as well. China is growing by leaps and bounds, so this is may be helping them from a short-term perspective, but again I don't think the benefits are sustainable without radical change.
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