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Thread: Capitalism only works with honesty and integrity... otherwise only the corrupt rise.

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    Quote Originally Posted by PoliTalker View Post
    The problem with improperly regulated capitalism is it lets the greedy take advantage of the economically vulnerable.
    that would be true of improperly regulated everything......improperly regulated socialism........improperly regulated communism.....obviously the issue is whether some regulations are proper.........the problem as, as you move away from capitalism and toward communism, you also end up with the regulator being the owner of the business......who regulates the regulators?......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Jarod View Post
    Socialism only works with honesty and integrity... otherwise only the corrupt rise.
    Fixed it for you.
    Every life matters

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    Quote Originally Posted by Teflon Don View Post
    You want control over the market. You don’t believe you can operate in an honest fashion or that consumers are smart enough to make their own decisions in a free market

    It can’t be free market for thee and not for me

    You want regulation of the market? Fine we start with lawyers.

    The ONLY way a company can truly be corrupt and survive is with the help of the gobblement which YOU love

    You see busy body fucks like you look around and see “injustice” you want to correct with gobblement. You want other businesses corralled but you never want the same practices applied to you. Lawyers are the biggest special interest in the country and are in the back pocket of the democrat party

    PS

    fuck off and die
    Legal services by lawyers is one of the most regulated industries there is.

    Almost every component of a law practice is regulated. There are caps on how much we can charge, limits on how we procure new clients. Strict rules about advertising. Rules about how we communicate with other lawyers, rules about how we communicate with judges, rules on how we dress. There are rules on who we can sell our business to, and rules about who can own our business, there are rules about what we can name our business, there are rules about who we can except as a client. There are a multitude of rules, because they are necessary.
    4,487

    18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
    44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.


    LOCK HIM UP!

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    Quote Originally Posted by Jarod View Post
    Legal services by lawyers is one of the most regulated industries there is.
    Nope. Not if they can gouge victims of 40% of their money

    That is price gouging. Bigger margins than Big Oil

    You scam people. We need to nationalize your service. It is only fair

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    Quote Originally Posted by Teflon Don View Post
    Nope. Not if they can gouge victims of 40% of their money

    That is price gouging. Bigger margins than Big Oil

    You scam people. We need to nationalize your service. It is only fair
    There are very strict rules about when you can charge 40% and almost never could we ever charge more. Plenty of businesses have much more than a 40% markup on their product.
    4,487

    18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
    44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.


    LOCK HIM UP!

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    Quote Originally Posted by PostmodernProphet View Post
    can can tell me of any other type of economic system that works in the absence of honesty and integrity?.......
    Capitalism and socialism do not exist. The countries you rightys mislabel as socialistic are capitalistic. They have companies, corporations, large and small businesses and people are free to work where they can find work and want to work. They are just like us. They just want to provide a better healthcare system and help their people with safety nets. They do not mind a heavier tax bill to pay for a kinder and gentler country. They all live better less stressed lives due to that.
    But they are capitalists. They have rich people and poor, as we do. Why are rightys so infuriated at labels? Give it an emotional name and hate it without thought and evaluation.

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    Quote Originally Posted by Gonzomin View Post
    Capitalism and socialism do not exist. The countries you rightys mislabel as socialistic are capitalistic. They have companies, corporations, large and small businesses and people are free to work where they can find work and want to work. They are just like us. They just want to provide a better healthcare system and help their people with safety nets. They do not mind a heavier tax bill to pay for a kinder and gentler country. They all live better less stressed lives due to that.
    But they are capitalists. They have rich people and poor, as we do. Why are rightys so infuriated at labels? Give it an emotional name and hate it without thought and evaluation.
    You are correct, the absolutes do not exist. There are only shades of gray. Cuba has capitalistic elements, and Honduras has teeny amounts of socialism.
    4,487

    18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
    44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.


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  8. The Following User Says Thank You to Jarod For This Post:

    PoliTalker (09-22-2019)

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    Hello Gonzomin,

    Quote Originally Posted by Gonzomin View Post
    Capitalism naturally morphs into a monopoly and controlling markets. In 1900 the sins of Capitalism were revealed and Teddy Roosevelt went on a trust-busting crusade. It has always been clear that the top will loot and cheat.
    Regulation and control over corporations is for the benefit of the poor and weak. Corporations have always lied and cheated. Big PHARM has just been the latest example. Lives mean nothing when profit is concerned. How anyone belives regulation is the problem is a mystery.
    No mystery. It's pure greed.

    Quote Originally Posted by Gonzomin View Post
    We need to fight companies for a cleaner environment and fair treatment of workers. The wealthy do not care about workers or citizens at all.
    Some do, some don't. The bad ones make the good ones look bad.

    Quote Originally Posted by Gonzomin View Post
    Trump shows that too.
    Trump is the epitome of making wealth look bad. Probably part of the reason old money will have nothing to do with him.
    Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.

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    Quote Originally Posted by Gonzomin View Post
    Capitalism and socialism do not exist.
    okay.......sure......if you ever want to have a discussion with the adults, give us a call........
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Jarod View Post
    There are very strict rules about when you can charge 40% and almost never could we ever charge more. Plenty of businesses have much more than a 40% markup on their product.
    That isn't a "markup"

    You are gouging people. Even 30% is too much

    No lawyer should make more than 5%. People are hurting and there you are taking advantage of them in their time of need. Legal services should not be for profit

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    Quote Originally Posted by Teflon Don View Post
    That isn't a "markup"

    You are gouging people. Even 30% is too much

    No lawyer should make more than 5%. People are hurting and there you are taking advantage of them in their time of need. Legal services should not be for profit
    And they should be forced to pay malpractice insurance like docs.

    We need to institute ‘free’ legal care. That way lawyers will have their fees capped by the government so as to keep costs down. Actually, that goes for everyone who works in the system. Paralegals should have their wages cut and expect to work more for less money.

    For the greater good of society.
    Coup has started. First of many steps. Impeachment will follow ultimately~WB attorney Mark Zaid, January 2017

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    Quote Originally Posted by Teflon Don View Post
    That isn't a "markup"

    You are gouging people. Even 30% is too much

    No lawyer should make more than 5%. People are hurting and there you are taking advantage of them in their time of need. Legal services should not be for profit
    Your opinion, but at 5% I would be unable to do what I do for a living. Insurance companies would be free to take advantage at will.
    4,487

    18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
    44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.


    LOCK HIM UP!

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    Quote Originally Posted by Jarod View Post
    Your opinion, but at 5% I would be unable to do what I do for a living. Insurance companies would be free to take advantage at will.
    interesting that Jarod thinks the pain and suffering of his clients is his "product".........maybe he is partly right.........I'm sure he's caused lots of pain and suffering......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by PoliTalker View Post
    Capitalism is like an outdoor campfire with lots of people around it. But a few people close to the fire have gathered most of the wood to themselves, leaving very little for others to put on the fire. So it's really only warming the ones who are closest to it. They are purposely keeping the fire to their liking, and hording the wood. The fire could warm everybody if it was allowed to have more wood, but the greedy ones are too busy protecting their position to allow that and besides, if the fire got too hot it would burn them and they would have to back away from it which would put them more in the same position as most of the people; and they don't want that. They like being the selective few and they like being in control.
    No, capitalism is finding or making something else to make a fire with. It was capitalism that started using coal instead of wood for fires.
    Quote Originally Posted by PoliTalker View Post
    So here we have a situation where a lot more could be produced in the way of heat, but greed prevents it from living up to it's true potential.
    Nah. Just burn something else. That's what England did when they started running out of trees!
    Quote Originally Posted by PoliTalker View Post
    Just like the fire could be a lot bigger with more wood spread around, the economy could be much bigger with more wealth spread around.
    * You cannot create energy out of nothing (1st law of thermodynamics). You only get so much energy out of the same wood, dumbass.
    Quote Originally Posted by PoliTalker View Post
    The rich are too busy making their own slice of the pie bigger by denying others to realize they could actually make the whole pie bigger and that would give them and everybody else more.
    No, they go out and make their OWN pie.
    Quote Originally Posted by PoliTalker View Post
    Can you say 'chintzy?'
    Sure. Makes no difference.

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    Quote Originally Posted by Gonzomin View Post
    Capitalism naturally morphs into a monopoly
    WRONG. Monopolies are self destructive because of capitalism.
    Quote Originally Posted by Gonzomin View Post
    and controlling markets.
    WRONG. Capitalism is not market control. Anyone can play!
    Quote Originally Posted by Gonzomin View Post
    In 1900 the sins of Capitalism were revealed
    WRONG. Many successful corporations started in 1900 that still exist today and still provide products and services people want today.
    Quote Originally Posted by Gonzomin View Post
    and Teddy Roosevelt went on a trust-busting crusade.
    He wasn't in office to do that. He was President in 1900, when these corporations were first formed.
    Quote Originally Posted by Gonzomin View Post
    It has always been clear that the top will loot and cheat.
    They don't. They can only exist as a company as long as they provide a product or service that people want at the price people are willing to pay. That's not lying or cheating.
    Quote Originally Posted by Gonzomin View Post
    Regulation and control over corporations is for the benefit of the poor and weak.
    WRONG. That is fascism. That destroys corporations. They can no longer provide the service or product they see the market for. People can no longer buy the product they want.
    Quote Originally Posted by Gonzomin View Post
    Corporations have always lied and cheated.
    Bigotry.
    Quote Originally Posted by Gonzomin View Post
    Big PHARM has just been the latest example.
    Bigotry. Drug companies have provided a myriad of drugs that never existed before, and made them cheaper as well. We don't have to get our aspirin from plants anymore. We can synthesize it now. We have treatments for AIDS because of these companies. We've never had them before. We have the capability to perform surgery not possible before thanks to anti-immune drugs developed by these companies.
    Quote Originally Posted by Gonzomin View Post
    Lives mean nothing when profit is concerned.
    Lie. They are saving lives. LOTS of them.

    * Cancer patients are no longer under an automatic death sentence. We can treat some of them now, thanks to drug companies.
    * Heart patients are no longer under an automatic death sentence. We can replace hearts now, thanks to drug companies.
    * The homeless encampments in Los Angeles and San Francisco are no longer the source of a massive uncontrollable plague, thanks to antibiotics developed by drug companies. We can even treat Bubonic Plague now.
    * Polio need not ravage through whole populations anymore, thanks to the drug companies.
    Quote Originally Posted by Gonzomin View Post
    How anyone believes regulation is the problem is a mystery.
    Compositional error fallacy. There is a difference between protecting people from fake and scammy drugs like snake oil salesman and fascism.
    Quote Originally Posted by Gonzomin View Post
    We need to fight companies for a cleaner environment
    It was companies that cleaned up the environment, dumbass. My own company is responsible for cleaning up much of Puget Sound. My own company has cleaned up a lot of air too. Other companies developed the EGR system for cars, making massive smog problems a thing of the past. They created the FADEC engines as well, making fuel mileage improve greatly over the old carburetors. They also developed the electric car into a practical commuting vehicle.

    Regulations did NONE of it.
    Quote Originally Posted by Gonzomin View Post
    and fair treatment of workers.
    If a corporation or company does not treat it's workers fairly, they won't HAVE workers. No one is forcing them to work there.
    Quote Originally Posted by Gonzomin View Post
    The wealthy do not care about workers or citizens at all.
    Yes they do. Workers leave if they don't get paid enough or have poor working conditions. Citizens are often the customers. You don't last long without customers!
    Quote Originally Posted by Gonzomin View Post
    Trump shows that too.
    Trump is a successful real estate developer. He knows business. He reduced taxes for everyone, not just the very rich. EVERYONE that pays taxes is paying less of them thanks to Trump. He reduced regulations stifling business too. Businesses are hiring. The unemployment rate in the United States is now the LOWEST IT HAS EVER BEEN since record keeping began.

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