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This is part of the reason I have a problem with capitalism

Stevicus

Veteran Member
Staff member
Premium Member
Interesting. I am an absolute capitalist anti socialist. Yet I am not in a state of denial.

There are significant flaws in the capitalist system yet I support it over every other economic system.

Would you say I am denial because I believe in capitalism, or because I reject the alleged wonders of socialism ?

The part you quoted was not addressed to you.
 

Stevicus

Veteran Member
Staff member
Premium Member
You may have a point seeing that there have been countless uprisings against Capitalism throughout history....oh, wait...

I wouldn't say "countless," but there most definitely have been uprisings. Centuries of peasant revolts have been part of recorded history. 1848 was a pivotal year in Europe, as there were multiple uprisings in several countries. And, of course, the Russian Revolutions and the Chinese Communist Revolution.

Even in the U.S., we've had strike riots, labor revolts, slave uprisings, etc.

Are you suggesting that none of these events ever happened?
 

Stevicus

Veteran Member
Staff member
Premium Member
Sorry-not sure if this is a real question, or a
way of saying that it did not happen at all.
"After Mao" is the short answer.

Here is a book you might like to read.
Check the review.
Review: World on Fire by Amy Chua

Well, I was just wondering if there was some official announcement by the Chinese government, such as "Today we are abandoning communism and adopting capitalism." Why is the ruling party still called "Communist"?

But the real question is this: Could China have developed to the point they're at now without Mao and the Communist Revolution? Could Chiang Kai-Shek have led China to the same level of power that they have today?

Fact is, China was a mess in 1945, just as Russia was a mess in 1917. Decades of capitalist rule led them to that sorry state of affairs to the point where radical action was the only way to get them out of it.
 

Audie

Veteran Member
I noticed that no one answered the question in post #29. If exploiting each other's weaknesses and misfortunes for personal gain (greed) is so reasonable and acceptable, ... and you believe, defensible, why are there laws enforcing limits on this, at all? I mean, if it's OK to cheat someone out of a few thousand dollars because they weren't up on the latest classic car prices, and we are, why not sell bridges and summer homes on Mars to whomever is dumb enough to buy them? Or why not sell unsafe foods and medicines to anyone who isn't knowledgeable enough to determine that they are not safe? Or how about selling phony cures for diseases? After all, it's all commerce based on competition, and the rewards (profits) go to those who know how to get the most and give the least in the commercial exchange, regardless of how it effects anyone else. So why do we have to limit our capitalist greed at all? ... I mean if greed is such a virtue good, and all.

Virtue signalling alert!!
 

Audie

Veteran Member
Well, I was just wondering if there was some official announcement by the Chinese government, such as "Today we are abandoning communism and adopting capitalism." Why is the ruling party still called "Communist"?

But the real question is this: Could China have developed to the point they're at now without Mao and the Communist Revolution? Could Chiang Kai-Shek have led China to the same level of power that they have today?

Fact is, China was a mess in 1945, just as Russia was a mess in 1917. Decades of capitalist rule led them to that sorry state of affairs to the point where radical action was the only way to get them out of it.

Sorry-ah but
Your chinese history is not very good.
 

shmogie

Well-Known Member
I'm actually more of a Keynesian than an out-and-out socialist. But my point was that capitalists often rail against socialism, and many threads here lately have lamented the fact that so many younger people tend to gravitate more towards socialism. Many seem legitimately worried about so-called "socialist" candidates for public office (nevermind that they're not really socialists in the strictest sense). Some have even expressed a certain level of fear of socialism (particularly in bringing up imagery of Stalin, Mao, or others in that particular rogues gallery).

So, that being the case, it seems it should be in the capitalists' best interests to address the flaws and weaknesses of their system.

That's why FDR is viewed as one of America's greatest presidents, since he was able to implement programs to address the concerns of the lower classes without resorting to full-blown communism as was the case in the USSR or the PRC. It's because the capitalists back in those days were reasonable enough to accept compromises. Now, that no longer appears to be the case, and many laissez-faire capitalists of today are railing against FDR's New Deal and similar programs designed to improve the standard of living for the poor and working classes.
The new deal was designed to end the depression, it failed, the war ended the depression.

The new deal was an attempted economy kick start. The WPA and other programs were government make work programs hoping to infuse cash back into the economy.

Social Security, a giant ponzi scheme, was a good idea of that government, one of the few that actually had long term impact.
 

shmogie

Well-Known Member
The part you quoted was not addressed to you.
My faux pas, I understood that because posts were seen by all, all had the right to respond.

I would like to give you a few names and have you tell them that if a post is only directed to them may they respond, otherwise, stay shtum.

My experience with them shows they didn´t get the memo, either.
 

Stevicus

Veteran Member
Staff member
Premium Member
It is pretty surprising, as I doubt that the capitalist system has served everyone here so well.

I agree with you on this point. Notwithstanding an earlier claim about those who criticize capitalism are those aren't good at it, I find a lot of capitalism's staunchest cheerleaders are indeed those who haven't been very good at it. On the other hand, many socialists came from educated, upper class backgrounds (including Lenin and Trotsky, among others).

I think the reason behind all this absurd auto-defense is that hardly anyone here knows what capitalism even is. They think it's just another word for "free market economy", and even then, they have no idea what a free market actually is, either. So really all they're thinking is that it has something to do with freedom, but they don't really know what, exactly. And they've been told a thousand times by now that everything but "capitalism" is evil, forced, horrific, "communist socialism" where everyone gets exactly the same pay no matter what they do or how well they do it. And because most humans are happy being ignorant so long as their ignorance make it appear to them that they are right and/or superior, most don't ever bother to consider that this may be wrong. So they just regurgitate it ad nauseam like a blind parrot.

What I try to look at are the results of what a given economic system does for a country as a whole. That's the key thing. Those of us who know and understand history are aware that comparing Russia in 1917 versus 1957, there's no comparison. In 1917, they were starving and on the verge of total collapse. In 1957 (even after suffering untold devastation in WW2), they were the first country to launch a rocket into space.

Just that fact alone makes the argument a slam dunk, and yet, capitalists have been quite adept and artful about dodging little points like that. Another point is that capitalist Russia did extremely poorly against the Germans in WW1, yet socialist Russia fared much better against the exact same enemy 20 years later.

Likewise, capitalist China in WW2 did very poorly against the Japanese, but socialist China did much better against the US and other Allied forces just five years later in the Korean War.

But instead, capitalists will often make disingenuous comparisons between the US and socialist countries which have endured far greater suffering and devastation during the World Wars, while the US was insulated by a two-ocean buffer.

Of course, the US is going to have a better standard of living, just as our living standard is better than most capitalist countries in the world. All these people crossing the border and desperate to come to the United States - they're not coming from socialist countries.

Well, the ones that have a lot of money clearly believe every word of it, because for them, capitalism has been just a 'dandy' system. For everyone else, who knows? There are all sorts of reasons that people side with their oppressors, and abusers. You wouldn't think so, but it's true, nevertheless.

I think people have their own individual reasons for supporting one system over the other. I think many Americans supported the US system over the Soviet system not so much over economics, but over religion and the American hatred and fear of the "godless commies." Even historically, in popular culture, it tended to be more oriented towards the common man, while the robber barons, carpetbaggers, etc. were roundly criticized - not because was advocating for a system known as "socialism," but just because they were considered bad people.

The labor movement grew out of an earlier era, and it was decidedly non-communist - and union membership rose and became some of America's staunchest patriots. I think a resurgence in labor unions and a labor movement in general is what this country needs, and in fact, capitalists should welcome this as a hedge against the dreaded "socialism" they fear so much.
 

Stevicus

Veteran Member
Staff member
Premium Member
If it appears to you that capitalism is the
proximate cause of all probs,well it does.
Speaking of compartmentalizing, tho,
honestly? One compartment?

Well, at least from an American point of view, a lot of problems have been caused by capitalism. One of the earliest problems we faced was slavery, which led to the deadliest war in US history. In the modern era, we look back on a lot of America's sins of the past - things for which many Americans feel some degree of remorse and regret over. But I think it's important to look at the reason why these atrocities and historical sins occurred. What was the motivation?

Granted, one can point to numerous successes and say that America has done quite well for itself. I haven't denied this either, although I question the wisdom of those who would attribute America's economic successes solely to some abstract "system" called "capitalism."

That's one thing I remember about the standard Cold War era argument about communism vs. capitalism. I came to realize that both sides had rigid ideologues who adhered to their favored "system" just as fervently as religious adherents.

I have made it very clear that capitalism
is far from perfect. i dont know how well
you read, but so far,not very.

Okay, so we both agree that capitalism is not perfect. I think it was when you used the phrase "undemonstrated calumny" which is what threw me off earlier.

Churchill, what did he know.

Well, it seems he knew enough to see Stalin as the lesser of two evils compared to Hitler. It was the same for FDR, as he was also anti-communist, but saw the malignant nationalism of the Axis as the greater threat to world stability.

As for Mao, I said nothing of lamposts.

Well, maybe it wasn't lamp posts. I thought that you mentioned something about people being executed by hanging under Mao's reign.

We have seen attempts at radical
social engineering,power to the proles,
and they have gone badly.

It depends on what it is and what your point of view is. I think that we've seen a fair amount of social engineering in the United States, and it's worked to some degree.

You are the one going emotional.
"Mnions","evil" "horrible atrocity"

I was just demonstrating.
 

Stevicus

Veteran Member
Staff member
Premium Member
My faux pas, I understood that because posts were seen by all, all had the right to respond.

I would like to give you a few names and have you tell them that if a post is only directed to them may they respond, otherwise, stay shtum.

My experience with them shows they didn´t get the memo, either.

Well, you were asking a question which appeared to be an inquiry as to whether a comment addressing another poster also applied to you. My response was that it didn't apply to you. You asked me a question, and I answered it. What else were you expecting? I never said you didn't have a right to respond or anything of the sort. Cool out, man.
 

Stevicus

Veteran Member
Staff member
Premium Member
The new deal was designed to end the depression, it failed, the war ended the depression.

The new deal was an attempted economy kick start. The WPA and other programs were government make work programs hoping to infuse cash back into the economy.

Social Security, a giant ponzi scheme, was a good idea of that government, one of the few that actually had long term impact.

The New Deal didn't fail, but no one was expecting a quick fix anyway.

Of course, let's not forget the fact that capitalism caused the Depression.

The war did create the need for further government intervention to organize the country and marshal our resources and industries on a national scale required for world war. It required centralized management and governmental control (such as wage and price controls).
 

Stevicus

Veteran Member
Staff member
Premium Member
Here's another example of capitalists behaving badly.

California man gets 8 ½ years for forced immigrant labor

OAKLAND, Calif. (AP) - A California man convicted of forcing immigrants to live in squalid conditions and work construction jobs for little or no pay has been sentenced to more than 8 ½ years in prison.

Job Torres Hernandez also was ordered Tuesday to pay nearly $920,000 in unpaid wages.

The Hayward man was accused of recruiting Mexican workers who were in the country illegally, stiffing them on wages and making them work up to 24 hours at a time for his construction companies.
 

BSM1

What? Me worry?
I wouldn't say "countless," but there most definitely have been uprisings. Centuries of peasant revolts have been part of recorded history. 1848 was a pivotal year in Europe, as there were multiple uprisings in several countries. And, of course, the Russian Revolutions and the Chinese Communist Revolution.

Even in the U.S., we've had strike riots, labor revolts, slave uprisings, etc.

Are you suggesting that none of these events ever happened?


But...but...I thought we were talking about Capitalism, not just any garden variety revolt. How about giving us the rules.
 

Stevicus

Veteran Member
Staff member
Premium Member
But...but...I thought we were talking about Capitalism, not just any garden variety revolt. How about giving us the rules.

Well, what system are we talking about? Upthread, @shmogie referred to it as follows:

A buyer wants to save money, a seller wants to make money, very simple, logical, and has been in place for at least 6,000 years.

We're talking about a system in place for 6000 years? A lot of revolts during that time. Not to mention wars. A lot of wars.

Of course, the various economic systems used throughout history may not be "true capitalism," but they sure as heck weren't socialist. But even going back to Roman times, they still had the accumulation of wealth, a class hierarchy, private property - similar to capitalism of today.
 

Shad

Veteran Member
Every society has a legal code, whether capitalist or socialist. How that legal code is implemented and enforced is a political decision, and capitalist ideologues tend to favor light sentences and weak enforcement of white-collar crime. And that's how these things happen.

I think you have no idea how these crimes are handled thus is just a standard socialist rhetoric lacking substance. Robert Stanford got 110 years for fraud and a ponzi scheme. Keith Pound got 740...
 

PureX

Veteran Member
Pure hyperbole, guilt by association, ...
The "association" is that they have the ame motive, and intent. So if they look "guilty" to you, I think you should be questioning that motive and intent. Not trying to mislabel and dismiss them, as you are trying to do.
Do you wander around berating supermarkets for greed because you find they have items priced more than one supermarket you have found ? Are these supermarkets consumed by greed and avarice ?
Yes, they are. They exist to take as much money from people as they can get, while diving as little in return as they can get away with giving, regardless of how that effects the people they are taking the money from. And if you don't think that's why they exist, you are a fool. They are completely controlled by their capital investors, and their capital investors have only ONE goal: to gain the greatest return on the capital they've invested in the business enterprise. To that end, they want to get as much from their employees as they can possibly get, while giving back as little in return as they can possibly give. Just as they want to get as much from their clients as they can possibly get, while giving as little in return as they can possibly give. And they have meetings in board rooms every single day to discuss new ways of doing exactly that. And they give big bonuses to their general managers to reward them for figuring out new way to do exactly that.
How about car dealers, they are real ******** because they sell a car to someone for more than the dealer across town is selling the same car. And sin of sins, joe accepts their price, and pays them, while Bill negotiates and gets the same car for less, who is the greedy SOB then?
You are, of course, still trying hard to miss the point. The point being that the capitalist system is completely controlled by the idea that we must all compete with each other in an effort to exploit each other's ignorance, misfortune, circumstances, and anything else we can possibly exploit, to take as much money from each other as we can get. That greed and exploitation is "normal commerce", and that being good at is it some sort of virtue that deserves to be rewarded with excessive wealth and power.
Get real, laws exist to make society safe, thatś why there are laws about food, and drugs, and other things.
Safe from what? Why do we need to be protected from each other if greed and exploitation are such virtuous commercial motives, as you seem to believe?
Your jihad against what you label greed is nonsensical and only has two solutions, humanity as a perfect entity, or a government oppressing everyone to eliminate the laws of supply and demand.
So, you figure that because we humans are not perfect, and cannot be free of greed, we should then embrace our ugliest and most harmful inclinations, and reward them, systematically? Is this your logic, here?
Economic freedom is free, you choose where to spend your money on what.
When we have to choose between one greedy seller, and another greedy seller, both of whom intend to take as much as they can possibly get from us while giving as little as they can possibly give in return, we are not really "free" at all. We are being enslaved by greed, and it's desire to exploit us to death, quite literally. And when the sellers all have this same motive, the theory that somehow competition between them magically mitigates their intent to take everything we have and give us as little as possible in return is insanely delusional.
 

PureX

Veteran Member
I agree with you on this point. Notwithstanding an earlier claim about those who criticize capitalism are those aren't good at it, I find a lot of capitalism's staunchest cheerleaders are indeed those who haven't been very good at it. On the other hand, many socialists came from educated, upper class backgrounds (including Lenin and Trotsky, among others).



What I try to look at are the results of what a given economic system does for a country as a whole. That's the key thing. Those of us who know and understand history are aware that comparing Russia in 1917 versus 1957, there's no comparison. In 1917, they were starving and on the verge of total collapse. In 1957 (even after suffering untold devastation in WW2), they were the first country to launch a rocket into space.

Just that fact alone makes the argument a slam dunk, and yet, capitalists have been quite adept and artful about dodging little points like that. Another point is that capitalist Russia did extremely poorly against the Germans in WW1, yet socialist Russia fared much better against the exact same enemy 20 years later.

Likewise, capitalist China in WW2 did very poorly against the Japanese, but socialist China did much better against the US and other Allied forces just five years later in the Korean War.

But instead, capitalists will often make disingenuous comparisons between the US and socialist countries which have endured far greater suffering and devastation during the World Wars, while the US was insulated by a two-ocean buffer.

Of course, the US is going to have a better standard of living, just as our living standard is better than most capitalist countries in the world. All these people crossing the border and desperate to come to the United States - they're not coming from socialist countries.



I think people have their own individual reasons for supporting one system over the other. I think many Americans supported the US system over the Soviet system not so much over economics, but over religion and the American hatred and fear of the "godless commies." Even historically, in popular culture, it tended to be more oriented towards the common man, while the robber barons, carpetbaggers, etc. were roundly criticized - not because was advocating for a system known as "socialism," but just because they were considered bad people.

The labor movement grew out of an earlier era, and it was decidedly non-communist - and union membership rose and became some of America's staunchest patriots. I think a resurgence in labor unions and a labor movement in general is what this country needs, and in fact, capitalists should welcome this as a hedge against the dreaded "socialism" they fear so much.
Labor unions are a big part of the "socialism" that the capitalists fear so much, because the capitalists want to gain the maximum return on the capital they've invested, and labor costs cut into that return, significantly. They view labor as an enemy to their goal. And because that goal is based on greed, everything and everyone else becomes antithetical to it's intent, and therefor, an 'enemy' of it. The capitalists goal is fundamentally anti-social. And so they are fundamentally anti-socialist.
 

Koldo

Outstanding Member
If it's a bad argument, then don't buy the argument.
But one shouldn't judge based upon their circumstances.

When it comes down to facts that can be shown, sure.
When it comes down to opinion, nah. People will find whatever reason to justify their already pre-established conclusions.
 

Audie

Veteran Member
Well, at least from an American point of view, a lot of problems have been caused by capitalism. One of the earliest problems we faced was slavery, which led to the deadliest war in US history. In the modern era, we look back on a lot of America's sins of the past - things for which many Americans feel some degree of remorse and regret over. But I think it's important to look at the reason why these atrocities and historical sins occurred. What was the motivation?

Granted, one can point to numerous successes and say that America has done quite well for itself. I haven't denied this either, although I question the wisdom of those who would attribute America's economic successes solely to some abstract "system" called "capitalism."

That's one thing I remember about the standard Cold War era argument about communism vs. capitalism. I came to realize that both sides had rigid ideologues who adhered to their favored "system" just as fervently as religious adherents.



Okay, so we both agree that capitalism is not perfect. I think it was when you used the phrase "undemonstrated calumny" which is what threw me off earlier.



Well, it seems he knew enough to see Stalin as the lesser of two evils compared to Hitler. It was the same for FDR, as he was also anti-communist, but saw the malignant nationalism of the Axis as the greater threat to world stability.



Well, maybe it wasn't lamp posts. I thought that you mentioned something about people being executed by hanging under Mao's reign.



It depends on what it is and what your point of view is. I think that we've seen a fair amount of social engineering in the United States, and it's worked to some degree.



I was just demonstrating.

Ok gotcha. The British East India Co., tulip bubble, United Fruit Co.

No question that Euro-American imperialism has radically
changed the world.
 
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