BAIN AGAIN

I think it's a good political ad that only tells half-truths. It's an effective ad that is geared towards a target audience.

But again, half-truths.

Romney probably did nothing illegal.

It is the nature of unfettered capitalism to destroy itself from within.

SEE: Rome

Who is going to tell that truth?

Rome was not a capitalist country. Capitalism wasn't embraced until about 1,300 years after the fall of the Roman Empire. That said, I do see some parallels between the US and the Roman Empire, culturally and militarily. Like Rome, Americans' only concern is being entertained 24/7. Most Americans don't give a rat's ass about the future of our country. Furthermore, like Rome, we devote a tremendous amount of resources to colonizing the world. While I don't think we should remove our presence entirely, I do believe that our current level of involvement is unsustainable.
 
Rome was not a capitalist country. Capitalism wasn't embraced until about 1,300 years after the fall of the Roman Empire. That said, I do see some parallels between the US and the Roman Empire, culturally and militarily. Like Rome, Americans' only concern is being entertained 24/7. Most Americans don't give a rat's ass about the future of our country. Furthermore, like Rome, we devote a tremendous amount of resources to colonizing the world. While I don't think we should remove our presence entirely, I do believe that our current level of involvement is unsustainable.

Wait...

In the first two of the Principate and the last two of the Republic their society was based on private property and ownership. That's capitalism...

Anyway. Generally a society is considered capitalist if the following applies:

1.) The means of production are privately owned and operated for profit.
2.) Money is used instead of barter
3.) There is a free labor market.
4.) Decisions regarding investment are made privately
5.) Production and distribution is primarily controlled by companies each acting in its own interest.

Now, there was slavery in Rome so 3 may be "iffy", as it would have been in the Antebellum South. However, 1,2,4 and 5 were almost invariably practiced in Rome (like some capitalist nations today number 4 was sometimes, however rarely, required by regulation.) 5... Those would be business owners, the individual, that would make these business decisions. I am not sure that companies were a legal concept in Rome.
 
Wait...

In the first two of the Principate and the last two of the Republic their society was based on private property and ownership. That's capitalism...

Anyway. Generally a society is considered capitalist if the following applies:

1.) The means of production are privately owned and operated for profit.
2.) Money is used instead of barter
3.) There is a free labor market.
4.) Decisions regarding investment are made privately
5.) Production and distribution is primarily controlled by companies each acting in its own interest.

Now, there was slavery in Rome so 3 may be "iffy", as it would have been in the Antebellum South. However, 1,2,4 and 5 were almost invariably practiced in Rome (like some capitalist nations today number 4 was sometimes, however rarely, required by regulation.) 5... Those would be business owners, the individual, that would make these business decisions. I am not sure that companies were a legal concept in Rome.

History still does not consider it Capitalism according to what I have read.
 
ironically, I still haven't listened to the ad....my only comment was directed to the posters on this board who bring up Bain constantly....
 
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