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

[Mason Michaels]

"Capitalism is like a dead herring in the moonlight,it shines,but it stinks"!

[evince]

Ive seen it time and time again, a small guy tries to compete with a huge conglomerate, the conglomerate bullies him out, not with a better product or lower prices, but using the marketplace. It happened to a friend of mine, she designed a hairbrush that did not hurt kids when brushing their hair. She did very well at first, then suddenly the manufacturer told her they could no longer work with her, and the larger stores told her they would no longer sell the brush. Both happened at the same time as a large corporation offered to buy the company for less than the value of the inventory. She refused to sell, and they hit her with a cease and desist letter claiming they had several patients and trademarks that prevented her from continuing to sell the brush.

She fought for a while, but when all her savings were gone, she gave up and went back to her marketing job. The brushes are still sitting in her garage.

The ultimate result is that an innovative type of hairbrush is no longer available to the general public.

I knew a guy that started a business related to the work he did in the military


He and a few fellow war vets came together and started the business


it was doing VERY well as it was an awesome idea involving the protection of shipping vessels


None of them had enough money on hand to expand when it was NEEDED so they went public


within weeks some big guy bought a controlling interest and heaved every one of the Vets who started the business


They were out all their efforts and investments


fucked them good

[deadcatbounce]

I spent a lot of time in Scandinavia, It is amazing.

The happiest nations in the world.

You must have been there before the bombings and hand grenade attacks.

[evince]

"Capitalism is like a dead herring in the moonlight,it shines,but it stinks"!

NOPE


when properly controlled and fettered by regulations, policing and taxing it is a thing of beauty


The power of a better idea.


IT NEEDS RULES


POLICE


AND A WAY TO MAKE IT PAY FOR ITS REGULATION AND THE WARE AND TEAR ON THE INFRASTRUCTURE



Capitalism is NOT an automatic setting like the idiots on the right claim it is



there IS NO AUTOMATIC SETTING


capitalism isn't for idiots


It takes Adults to operate it

[Cinnabar]

THis is why I believe well regulated Capitalism is best, but the regulation is essential. We need policies to prevent monopolies, criminals and trust fund baby's from running the world.

This is how it is summed up...

There’s nothing “normal” about having a middle class. Having a middle class is a choice that a society has to make, and it’s a choice we need to make again in this generation, if we want to stop the destruction of the remnants of the last generation's middle class. Despite what you might read in the Wall Street Journal or see on Fox News, capitalism is not an economic system that produces a middle class. In fact, if left to its own devices, capitalism tends towards vast levels of inequality and monopoly. The natural and most stable state of capitalism actually looks a lot like the Victorian England depicted in Charles Dickens’ novels.

At the top there is a very small class of superrich. Below them, there is a slightly larger, but still very small, "middle" class of professionals and mercantilists - doctor, lawyers, shop-owners - who help keep things running for the superrich and supply the working poor with their needs. And at the very bottom there is the great mass of people - typically over 90 percent of the population - who make up the working poor. They have no wealth - in fact they're typically in debt most of their lives - and can barely survive on what little money they make.

So, for average working people, there is no such thing as a middle class in “normal” capitalism. Wealth accumulates at the very top among the elites, not among everyday working people. Inequality is the default option.

You can see this trend today in America. When we had heavily regulated and taxed capitalism in the post-war era, the largest employer in America was General Motors, and they paid working people what would be, in today's dollars, about $50 an hour with benefits. Reagan began deregulating and cutting taxes on capitalism in 1981, and today, with more classical "raw capitalism," what we call "Reaganomics," or "supply side economics," our nation's largest employer is WalMart and they pay around $10 an hour.

This is how quickly capitalism reorients itself when the brakes of regulation and taxes are removed - this huge change was done in less than 35 years. The only ways a working-class "middle class" can come about in a capitalist society are by massive social upheaval - a middle class emerged after the Black Plague in Europe in the 14th century - or by heavily taxing the rich.

https://www.thomhartmann.com/blog/20...s-not-“normal”

The rest is at the link.

[Jarod]

You must have been there before the bombings and hand grenade attacks.

Nothing compared to the shootings across America.

[Jarod]

but they are not socialist,,,

More so than anything the Democrats are proposing.

[Iolo/Penderyn]

I think that, with the best will in the world, capitalism doesn't work at all. If it ever produces enough of anything, for instance, the price falls and production stops. Competition always leads to war, though various excuses are (naturally) always given. It cares nothing for the state of the world, only for profit. Does it produce a lot? In its productive phase it produces hugely, but then it stops and throws us out of work. In my view, it is a necessary stage, and we outlived it years since. It's showed us how to produce all we ever need, but stops us doing it.

[deadcatbounce]

Nothing compared to the shootings across America.

How many hand grenade attacks do you know about in the U.S.?

[evince]

I think that, with the best will in the world, capitalism doesn't work at all. If it ever produces enough of anything, for instance, the price falls and production stops. Competition always leads to war, though various excuses are (naturally) always given. It cares nothing for the state of the world, only for profit. Does it produce a lot? In its productive phase it produces hugely, but then it stops and throws us out of work. In my view, it is a necessary stage, and we outlived it years since. It's showed us how to produce all we ever need, but stops us doing it.

Its a tool not an automatic setting


It works if you use that tool correctly



it needs to be properly fettered


that fettering can be adjusted with the circumstances if the economy


its an awesome part of a free nation

[Into the Night]

I knew a guy that started a business related to the work he did in the military


He and a few fellow war vets came together and started the business


it was doing VERY well as it was an awesome idea involving the protection of shipping vessels


None of them had enough money on hand to expand when it was NEEDED so they went public


within weeks some big guy bought a controlling interest and heaved every one of the Vets who started the business


They were out all their efforts and investments


fucked them good

Oh well. They learned the hard way about selling the farm.

[Into the Night]

NOPE
when properly controlled and fettered by regulations, policing and taxing it is a thing of beauty

That is not capitalism.

The power of a better idea.

Is great if you develop it. That's the heart of capitalism.

IT NEEDS RULES

Nope. No rules needed.

POLICE

Nope. No police needed. Capitalism does not need police at all. Police are for protecting society, not an economic system.

AND A WAY TO MAKE IT PAY FOR ITS REGULATION AND THE WARE AND TEAR ON THE INFRASTRUCTURE

Regulation is not capitalism.

Capitalism is NOT an automatic setting like the idiots on the right claim it is

There is no 'setting'. No one needs to manage capitalism.

there IS NO AUTOMATIC SETTING

There is no 'setting'.

capitalism isn't for idiots

Sure it is. Even idiots can participate in capitalism. Heck, even YOU can participate in capitalism (that is, if you want to!).

It takes Adults to operate it

Nope. Even children can participate in capitalism. Remember that next time you buy Girl Scout cookies or see a kid mowing a lawn for pay.

[evince]

when has an unfettered capitalist nation ever worked as you claim it will idiot?



what you defend has never existed for good reasons shit brick

[Into the Night]

I think that, with the best will in the world, capitalism doesn't work at all.

It works all the time. It worked to build the cities, the food you eat, the computer you are typing on, the network it's connected to, the software it runs, the display you are viewing this on right now, your cell phone, etc.

If it ever produces enough of anything, for instance, the price falls and production stops.

Nope. Production doesn't stop. Capitalism creates wealth. Production simply moves on to the next product.

Competition always leads to war,

Nope. Shortages lead to war. Shortages caused by socialism.

though various excuses are (naturally) always given.

It's the same cause each time, even for so-called religious wars.

It cares nothing for the state of the world, only for profit.

The path to peace is profit. You don't shoot your customers.

Does it produce a lot?

Yes, and it continue to produce more and more.

In its productive phase it produces hugely, but then it stops and throws us out of work.

There is no 'phase'.

In my view, it is a necessary stage, and we outlived it years since.

Nope. We still use capitalism. Socialism couldn't exist without it! Socialism has to have someone producing wealth before socialism can steal it.

It's showed us how to produce all we ever need, but stops us doing it.

No, it doesn't.

[Into the Night]

Its a tool not an automatic setting
It works if you use that tool correctly
it needs to be properly fettered
that fettering can be adjusted with the circumstances if the economy
its an awesome part of a free nation

Capitalism is not a tool. It's an economic system. The only economic system that creates wealth.
Fettering it is not capitalism. That is fascism. Fascism is NOT part of a free nation. Capitalism is.