Who is the greatest American Capitalist of the 20th Century?

<(O_O<)^_^<) said:
Ok. He cannot have been a capitalist in your instance because capitalism operates outside the confines of the state.
Click to expand...
No it doesn't. FDR used the government to cause the largest increase in the size and scope of Capitalism that the world had ever seen. Don't you see, Capitalism cannot exist with out government to regulate it's boom and bust cycles. The was the big lesson learned from The Great Depression. Capitalism exists with a partnership with Government. With out that Partnership Capitalism collapses from repititions of these boom & bust cycles. Had not FDR intervened with regulations to restore confidence in both Capitalism and our Government our political and economic system would have completely collapsed. Had not President Bush and Obama intervened the 2008 Recesion would have been the 2008 depression.
 
Mott the Hoople said:
No it doesn't. FDR used the government to cause the largest increase in the size and scope of Capitalism that the world had ever seen. Don't you see, Capitalism cannot exist with out government to regulate it's boom and bust cycles. The was the big lesson learned from The Great Depression. Capitalism exists with a partnership with Government. With out that Partnership Capitalism collapses from repititions of these boom & bust cycles. Had not FDR intervened with regulations to restore confidence in both Capitalism and our Government our political and economic system would have completely collapsed. Had not President Bush and Obama intervened the 2008 Recesion would have been the 2008 depression.
Click to expand...

Still bullshit.

The creation of the Federal Reserve has put the boom bust cycle on steroids. They are more frequent and longer lasting since the Fed was created by whom? Oh yeah another "progressive" who thought he was smarter than everyone else.

Everyone knows that FDRs policies deepened and prolonged the recession, but you were taught by union run public schools so you may not. Your ignorance isn't your fault, but it can be fixed if you are willing to open your mind and apply yourself
 
I Love America said:
Ford is an interesting pick, but without Rockefeller and the free flowing supply of oil, Ford never would have been.
Click to expand...
Actually it's the other way around. Ford dramatically increased the supply of internal combustion engines available to the public for use and thus dramatically increased the demand for petroleum products. With out Ford and his competitors there would not have been the demand for oil that made Rockefeller a billonare. In fact when Ford first created The Ford Motor Company Rockefeller was worth $200 million. By 1936 Rockefeller was worth $1.4 billion and he had all ready spent $550 million of his fortune in philanthropy. Rockefeller did not create the free flowing supply of oil for Ford. He just tried to monopolize it by buying out all his competitors but Ford and his competitors created the demand for petroleum that made Rockefeller the worlds first billionaire.
 
Shy Guy said:
I'd have to say either Keynes, or Hayek.
Click to expand...
I had a tough choice about Keynes but upon reflection it took more than just the implementation of his economic ideas to save Capitalism nor did Keynes have the authority to implement his ideas but without his ideas I don't think FDR could have saved Capitalism.
 
The Dude said:
I know exactly what it cost
Click to expand...
It should be the most valued stock in the world considering how grossly over priced their products are. I mean, yea Apple is on the cutting edge of electronic consumer products.....but their not two to three times better than they're competitors. A lot of what you pay for Apple Products is for snob appeal.
 
Mott the Hoople said:
It should be the most valued stock in the world considering how grossly over priced their products are. I mean, yea Apple is on the cutting edge of electronic consumer products.....but their not two to three times better than they're competitors. A lot of what you pay for Apple Products is for snob appeal.
Click to expand...

There in lies the beauty of the free market. You have a choice to buy Apple or buy something else. Your choice. Now if only gobblement shitheels like your hero FDR the cripple fuckstick would get that message this country could heal itself. But, you love gobblement monopolies
 
Mott the Hoople said:
No to all answers. Hands down the greatest Capitalist of the 20th century was Franklin Delano Roosevelt.

FDR saved Capitalism in the 20th century. The collapse of market Capitalism during the 1930's due to the abuses of the market and the failure of laizzes-faire capitalist to manage boom and bust cycles plus the vast economic inequities they created nearly spelled doom for Capitalism. With nearly 25% of Americans unemployed during the peak of The Great Depresion and with nearly 75% of the population living at or below the poverty line and with millions starving in the midwest dust bowl States there was a sharp increase in protests and anticapitalist sentiment that threatened to undermine the existing political systems and create new political parties.

By stabilizing our political systems Roosevelt affectively thwarted the tremendous growth and support of social democratic proposals. By using the rhetoric of growing left wing political movements and by co-opting their leaders Roosevelt thwarted the formation of left wing third party threats that would have further destabilize our nation politically but would have ended our market economy as we know it.

If that would have happened western Europes market economy would have followed considering how the western European market economies based on colonialism had imploded during WWI. Had the US market/capitalist economy had collapsed, western Europe would have certainly followed and that would have been the end of western style market capitalism, as we know it, around the world. Fortunately every time a socialist mass political movement occured during The Great Depression FDR skillfully coopted the movement.

Also, by implementing and leading the adoption of such landmark legislation as "The Social Security Act", which provided old age pensions for the elderly and aid for children and the handicapped and it also created our first unemployment insurance program. "The National Labor Relations Act" which guarenteed workers the right to join labor unions and created a labor relations board. These acts went a long way towards restoring peoples confidence in government which again stabilized our political situation and prevented the raise of a left wing third party.

FDR then lead legislation that stabilized agriculture and farming, food production and distribution, as well as, further stabilizing the economic and political situation. These acts had a huge impact for the better for farmers and their quality of life. "The Commodities Exchange Act created federal regulations for commodities and futures trading that required all options to be traded on organized exchanges virtually eliminating boom and bust cycles. "The Rural Electrification Act" brought the revolutionary impact of electricity to the 90% of farmers who did not have electricity when Roosevelt took office. The Public Utilities Act further stabilized the economy by effective regulation of electric utilities.

So contrary to what the right wingnuts expound about FDR's New Deal legislations as an attempt to undermine the foundations of American Capitalism. Rather it revised our Capitalist system in order to save it. Moreover, it did so not by abandoning government, it did so by strengthening it.

So thanks to FDR efforts in saving market Capitalism we still have the largest and most prosperous economy in the world!
Click to expand...

I was going to answer FDR, I'm pissed you beat me to it, or were getting there all along which is I guess what you did. It makes righty heads explode, but you got it!

If not for FDR we probably would have taken a socialist turn, and I mean actual socialism. More people read The Communist Manifesto during those years than know it exists now. It'd be interesting to see someone write FDR as a capitalist villain coming at it that way. Though for all I know it's been done already.
 
Barack Obama

Under Obama capitalists and plutocrats can get away with any crime without fear of prosecution .. including the biggest financial crime in our history.

The power of the Obama illusion is astounding to behold.

In the very same election that put him in the White house after speech after speech against the excesses of Wall Street .. he got more money from WALL STREET than ANY presidential candidate in American history .. THEN he walked into the White House door with Giethner and Summers ... and his follower were so mind-fucked they never even noticed. Never said a word.

In fact, the entire Democratic Party is NOW just as Wall Street-loving as are the republicans.

Amazing

Without question, the biggest beneficiaries of Obama's term in office has been the capitaist plutocrats, not the American people.

His 2nd term is even going to be worse .. starting with cuts to Social Security and Medicare.

Oh, did I mention that Obama gave America a healhcare plan that was written by ,, guess who?

The invention of Barack Obama was genius.
 
Mott the Hoople said:
No it doesn't. FDR used the government to cause the largest increase in the size and scope of Capitalism that the world had ever seen. Don't you see, Capitalism cannot exist with out government to regulate it's boom and bust cycles. The was the big lesson learned from The Great Depression. Capitalism exists with a partnership with Government. With out that Partnership Capitalism collapses from repititions of these boom & bust cycles. Had not FDR intervened with regulations to restore confidence in both Capitalism and our Government our political and economic system would have completely collapsed. Had not President Bush and Obama intervened the 2008 Recesion would have been the 2008 depression.
Click to expand...

Does this mean that Hitler pulling Germany out of the Great Depression (before crashing it in a spectacular WWII loss) was a near save of capitalism in Germany? Or was it just fascism?
 
blackascoal said:
Barack Obama

Under Obama capitalists and plutocrats can get away with any crime without fear of prosecution .. including the biggest financial crime in our history.

The power of the Obama illusion is astounding to behold.

In the very same election that put him in the White house after speech after speech against the excesses of Wall Street .. he got more money from WALL STREET than ANY presidential candidate in American history .. THEN he walked into the White House door with Giethner and Summers ... and his follower were so mind-fucked they never even noticed. Never said a word.

In fact, the entire Democratic Party is NOW just as Wall Street-loving as are the republicans.

Amazing

Without question, the biggest beneficiaries of Obama's term in office has been the capitaist plutocrats, not the American people.

His 2nd term is even going to be worse .. starting with cuts to Social Security and Medicare.

Oh, did I mention that Obama gave America a healhcare plan that was written by ,, guess who?

The invention of Barack Obama was genius.
Click to expand...

Are you trying to kill the Republicans here BAC? The marxist is history's greatest capitalist? ;)
 
Threedee said:
Does this mean that Hitler pulling Germany out of the Great Depression (before crashing it in a spectacular WWII loss) was a near save of capitalism in Germany? Or was it just fascism?
Click to expand...
Not even close. Though Hitler ended the Great Depression in Germany by deficit spending he also nationalized most of the key industries in Germany to do so. Nor did Hitler skillfully co-opt leftist political movements and their leaders, as FDR did, to stabilize the existing political systems. Hitler and the Nazi's persecuted them and they deposed the existing political system in Germany and replaced it with the National Socialist dictatorship. FDR's actions, on the other hand, prevented a similiar fate from occuring in the US. By the outbreak of WWII Hitler and the Nazi's had affectively changed Germany from a market economy to a command economy that was predominantly dependent on the German military industrial complex. Hitler and the Nazi's were as grave a threat to Capitalism as the Marxist were and by defeating Fascism FDR, again, saved Capitalism!
 
Last edited:
You must log in or register to reply here.
Back
Top