Nationalization...

saveuplife
saveuplife Posts: 1,173
edited December 2008 in A Moving Train
...it's happening. Bye-bye capitalism. You gave us many good years.
Post edited by Unknown User on
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  • Collin
    Collin Posts: 4,931
    saveuplife wrote:
    ...it's happening. Bye-bye capitalism. You gave us many good years.

    Capitalism was (edit: is) doomed to fail. Gambling is a risky business.
    THANK YOU, LOSTDAWG!


    naděje umírá poslední
  • ajedigecko
    ajedigecko \m/deplorable af \m/ Posts: 2,431
    capitalism will continue, regardless of the economic system in place. in one form or another the wealth will be controlled by a few.
    live and let live...unless it violates the pearligious doctrine.
  • saveuplife
    saveuplife Posts: 1,173
    Collin wrote:
    Capitalism was (edit: is) doomed to fail. Gambling is a risky business.


    Yea, private property should be abolished. That way no one can gamble or do anything with their own money. Let the "efficiency" of government take over. It's such a novel plan. One that has been proven as a complete disaster time and time again.
  • Collin
    Collin Posts: 4,931
    saveuplife wrote:
    Yea, private property should be abolished. That way no one can gamble or do anything with their own money. Let the "efficiency" of government take over. It's such a novel plan. One that has been proven as a complete disaster time and time again.

    That's not what I said. At all.
    THANK YOU, LOSTDAWG!


    naděje umírá poslední
  • polaris
    polaris Posts: 3,527
    i think the winter blahs is making saveup a bit delirious ... :p

    america will always govern in the interests of the "me" over the "we" ... that's what makes americans americans ...
  • saveuplife
    saveuplife Posts: 1,173
    Collin wrote:
    That's not what I said. At all.


    OK. What exactly did you say?

    If capitalism is dying, by definition government grows and the private sector shrinks. I think of that as a large-scale gamble. That's what I said.
  • saveuplife
    saveuplife Posts: 1,173
    polaris wrote:
    i think the winter blahs is making saveup a bit delirious ... :p

    america will always govern in the interests of the "me" over the "we" ... that's what makes americans americans ...


    Yes; winter does stink.

    There's litte evidence of laissez-fair and capitalism involved in the gov't nationalization of the U.S. auto industry.
  • OutOfBreath
    OutOfBreath Posts: 1,804
    Some curbing of laissez-fair after spectacular market failure is hardly the end of capitalism...
    That would be severely overstating it.

    Peace
    Dan
    "YOU [humans] NEED TO BELIEVE IN THINGS THAT AREN'T TRUE. HOW ELSE CAN THEY BECOME?" - Death

    "Every judgment teeters on the brink of error. To claim absolute knowledge is to become monstrous. Knowledge is an unending adventure at the edge of uncertainty." - Frank Herbert, Dune, 1965
  • VINNY GOOMBA
    VINNY GOOMBA Posts: 1,828
    I don't think any of us have ever seen capitalism, as it is intended to be.
    Capitalism was conceived here in America, but has definitely been aborted somewhere in the 2nd trimester.
  • know1
    know1 Posts: 6,801
    From the responses, apparently a lot of people who oppose capitalism have no idea what it is.
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • polaris
    polaris Posts: 3,527
    saveuplife wrote:
    Yes; winter does stink.

    There's litte evidence of laissez-fair and capitalism involved in the gov't nationalization of the U.S. auto industry.

    on the whole - would you say that a bailout of the auto industry is:

    a) good for americans
    b) good only for the auto-makers

    ??
  • Collin
    Collin Posts: 4,931
    saveuplife wrote:
    OK. What exactly did you say?

    If capitalism is dying, by definition government grows and the private sector shrinks. I think of that as a large-scale gamble. That's what I said.

    I said that capitalism is doomed to fail, at least this form of capitalism, due to a number of reasons. Capitalism is gambling and gambling is a risky business, we're witnessing that right now.

    I'm merely saying that it's no surprise.
    THANK YOU, LOSTDAWG!


    naděje umírá poslední
  • Kann
    Kann Posts: 1,146
    know1 wrote:
    From the responses, apparently a lot of people who oppose capitalism have no idea what it is.
    From the declarations of banks, governments and CEOs, a lot of people who defend capitalism don't seem to understand what it is either.
  • ajedigecko
    ajedigecko \m/deplorable af \m/ Posts: 2,431
    Kann wrote:
    From the declarations of banks, governments and CEOs, a lot of people who defend capitalism don't seem to understand what it is either.
    capitalism = cannibalism on an economic scale.
    live and let live...unless it violates the pearligious doctrine.
  • saveuplife
    saveuplife Posts: 1,173
    ajedigecko wrote:
    capitalism = cannibalism on an economic scale.


    If you consider economic growth cannibalism.
  • FiveB247x
    FiveB247x Posts: 2,330
    How ironic is it that you're complaining about government oversight taking over via nationalization of industries and the demise of capitalism in America, yet the reason these problems exist in the first place is because of the lack of government oversight which allows for capitalism to turn into greed and therefore underminding the system and causing it to be unstable while the citizens are the ones who suffer and really pay for it- yet you sit here and defend those who take advantage of us all? Gimme a break.

    Also, when you say "you gave us many good years" are you refering to Wall Street big wigs who suck the nation and government dry of wealth, yet have caused our entire economy to become vastly unstable and unproductive for a long time to come? Because the whole "us" certainly isn't the averave american citizen...and if you think I'm wrong, look up statistics on the separation of wealth in this nation in the past 20yrs.
    saveuplife wrote:
    ...it's happening. Bye-bye capitalism. You gave us many good years.
    CONservative governMENt

    Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a law-breaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy. - Louis Brandeis
  • saveuplife
    saveuplife Posts: 1,173
    polaris wrote:
    on the whole - would you say that a bailout of the auto industry is:

    a) good for americans
    b) good only for the auto-makers

    ??


    c) Neither.
  • ajedigecko
    ajedigecko \m/deplorable af \m/ Posts: 2,431
    saveuplife wrote:
    If you consider economic growth cannibalism.
    to some degree...yes. i listen to people complain about department stores taking over the mom and pop shops.

    people want to be paid well, but they do not want to pay the price for a quality item.

    i simply do not like to see capitalist with their hand out.
    live and let live...unless it violates the pearligious doctrine.
  • saveuplife
    saveuplife Posts: 1,173
    FiveB247x wrote:
    How ironic is it that you're complaining about government oversight taking over via nationalization of industries and the demise of capitalism in America, yet the reason these problems exist in the first place is because of the lack of government oversight which allows for capitalism to turn into greed and therefore underminding the system and causing it to be unstable while the citizens are the ones who suffer and really pay for it- yet you sit here and defend those who take advantage of us all? Gimme a break..


    The irony is that people don't even understand what got us into this mess. It had to do with GOVERNMENT!

    Poor monetary policy (excessively low interest rates) along with increased federal governmental policy determined to increase homeownership is the reason we had a bubble in housing. When that bubble burst, prices went down. Speculators bailed. Mortgage rates reset. People couldn't afford their homes because they used exotic ARMs. They foreclosed. Companies that invested in MBSs got hit. Here we are.

    Monday morning quarterbacking saying we shouldn't have allowed those people to take those loans (exotic mortgages), or allow businesses to give them doesn't take away the fact the bubble was there because of governmental intervention. Saying more government to stop problems government caused is ridiculous as government bailing out people blaming the problem on too little government.

    ALSO, please indulge us and tell us how exactly the U.S. auto industry is directly tied to the lack of regulation in mortgages... please... this should be interesting.
    FiveB247x wrote:
    Also, when you say "you gave us many good years" are you refering to Wall Street big wigs who suck the nation and government dry of wealth, yet have caused our entire economy to become vastly unstable and unproductive for a long time to come? Because the whole "us" certainly isn't the averave american citizen...and if you think I'm wrong, look up statistics on the separation of wealth in this nation in the past 20yrs.


    I'm referring to the enormous amount of prosperity our country (and the world) has had since the inception of capitalism.

    Also, you can have very large seperattion of wealth in a certain timespan if the rich and poor both double their wealths. For instance, Rich guy A doubles his millions. Poor guy B double his wealth. Seperation of wealth increases and yet amazingly.... BOTH BENEFIT.
  • FiveB247x
    FiveB247x Posts: 2,330
    Also, even if you don't agree with all these government bailouts. Do you not agree that is in the publics best interest to have some say what occurs with their funds simply because the bailouts are results of these industries creating and trying to take advantage of the problems and it just blew up in their face? Would you prefer to just dole out money and not have the government in some fashion oversee what it is being spent upon or used for?

    You are quick to defende capitalism, but in reality we don't practice such things. We don't have the invisible hand keeping markets and economies at bay, we have government involvement and private intrusion for the business world skueing the balance - and that's something you're not recognizing in this process which is also the large problem in all this mess.
    CONservative governMENt

    Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a law-breaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy. - Louis Brandeis

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