The hidden ugliness of Capitalism

And replace it with what communism? That has failed along with socialism. How about instead of criticizing you actually present a workable alternative. Go ahead we are all ears.

 

This is true, and I have recently read a few analyses regarding growing poverty in the US. In these past few decades the gulf between rich and poor has become much wider. The Middle class people are getting poorer and poorer and many of them have lost their jobs, the only means of survival in the recession. More and more youths remained compelled to live unmarried and many others became divorced.

The greatest wrong capitalism does to the middle class and the poor is they always mobilize their wealth in their soul interests. If they find a particular area less profitable, I do not mean unprofitable, only comparatively less profitable them move to another area at the expense of a large number of staffs surviving on what they make. At times they ruthlessly do automation of their projects if they find the automation to be making a bumper production. They just fire their staff. We know history and also about The Rothschilds business dynasty who fiance both the countries, the vanquisher and the vanquished.
Capitalism is not good for the common man. The Scandinavian or the Swedish model is suitable- a mix of the best of both socialism and capitalism.

 

Socialism didn't fail, the USSR fell due to Khruschev and Brezhnev's abandonment of core marxist principles. The PRC became revisionist and capitalist because someone made the mistake of trusting Deng Xiaoping.

Cuba, however, is still going strong, despite the embargoes that made things rough for them economically.

 

I guess I'll need you to expand on your one liner a little more... are you trying to suggest I am unaware americans are buying foreign made goods or what?

I'm suggesting, americans can help other americans, and buy american made goods by choice, rather than choosing to buy foreign made goods... and if they made this conscious choice to do so, it would benefit americans jobs and wages... and if they bought locally made goods, it would further benefit their directly community more so than america in general... be american buy american, be local buy local... it helps create the jobs and wages here instead of over-sea...

whats so bad about that?

most goods people are buying are imported from other countries... we can stop that today, if we make a conscious effort to buy things made here instead... demand companies source them from american companies instead of foreign companies... they'll respond to dollars when you shop someplace else who will get you those goods made in america... but it takes people making a choice...

are some things no longer made in america, sure, we'll need to work on those goods no longer made here... but its not impossible if there is enough demand, someone will chase the dollars and do it... problem is, most folks don't make the conscious effort...

 

I am asking what you think Americans are buying overseas.
Better products and services sell. We donate ti charity if we are sympathetically inclined. We participate in fundraisers to be nice. We consume what we enjoy, want, and need. Porn, fast food, Marlboros, designer clothes, Iphones, botox, Starbucks, Netflix.

 

I'm sorry this is insanity.

There is no viable alternative to capitalism. Every alternative is demonstrably and even hypothetically worse. You're a Marxist yeah? So you're advocating Communism. You DO realize that such a society is impossible, yes? You cannot create a communist society, human nature flat out does not allow it, and that's leaving aside the fact that any attempt to create it will create a society worse than whatever you're complaining that we have now.

 

correct, capitalism at work...

americans are buying all sorts of goods and services from over-sea producers... turn over every item on your desk and find the "made in" label... I bet most of them are not american... but people easily could CHOOSE to buy american made goods over foreign made goods... I mean there is a reason why we have a massive trade difference from asia and america... we could stop buying so many foreign made goods, and make an effort to choose to buy american made goods... helping american jobs and wages...

is there a problem with people freely choosing to buy american made goods? I support capitalism, the people who started this thread, were against it as a solution... I'm saying capitalism can solve the problem capitalism created in so many foreign purchased goods... don't you agree we should have the choice, and that if people choose to, capitalism can solve the original issue posed for this thread?

or are you just arguing against me without knowing what this thread is about, just to argue against me?

 

I don't care what you buy. Or whatever antine else buys. My husband worked in management for Kmart Distribution for 17 years. They closed a ton of DC's and stores. My husband got one week of salary for each year. Even WE didn't shop at Kmart.
Businesses and products unable to compete become obsolete.

 

Correct. That is why there are a range f things done to be able to compare by normalising data.
As for other country comparisons:
Try this one first for an overview
http://www.povertyprogram.com/usa.php
Then a quick reference
http://www.prb.org/Publications/Articles/2002/PovertyintheUnitedStatesandOtherWesternCountries.aspx
A bit more, though a slightly incomplete report
https://www.washingtonpost.com/news...pare-on-child-poverty-the-u-s-is-ranked-34th/
The comprehensive cross nation study
http://www2.hawaii.edu/~noy/300texts/poverty-comparative.pdf

 

Yes, but only until the land owners decide they can make more money by selling the cheap foods to other countries. Which, given places such as China are now gaining a taste for it, may be sooner rather than later!

 

Okay. Tell ya what, you hold your breath and wait for that

 

And the USA is not only running Trade deficits, but every few years the US gov't have to vote to Increase the Debt Ceiling to keep the gov't functioning.
If not for the Reserve Currency status of the US dollar, the American economy would have collapse long ago. Good thing there are still some companies in the USA producing things people actually depend on, Oil, Automobiles, Aerospace.
Now that China and other countries are making attempts at Challenging the Reserve Currency of the US dollar, you see the American gov't increasingly becoming Hawkish against such countries.
When the US dollar loses its appeal in the International Trade, Americans will no longer be able to artificially increase the US money supply and import finished products with the diluted Currency.

 

China may import some GM soy and corn, but American Beef is banned in China, American Beef is also banned in Europe and Japan. Due to the use of certain Synthetic Growth Hormones. China has increasingly been importing beef and other poultry from Australia and New Zealand instead.

 

if you get money, you think it is great.
otherwise it is (*)(*)(*)(*).

example, I want to visit all European countries and stay in $10,000 per night hotel room, but I have no the money,
some people have enough money... that pisses me off.

I need $100,000,000 to fill my dreams.

 

Nothing wrong with Free Market Capitalism. But such is only a ideal that has never been found in real life.

I'm not a staunch supporter of the Soviet System, but people in USA tend to forget, that the USSR was actually ahead of Americans in the Space race.
Soviets launched the First Satellite : Sputnik
Soviets was first to launch a man into space: Yuri Gagarin

Americans were just catching up, sent a man to the Moon, and declared ourselves winners in the Race.
Such is politics, cherry picking facts, and distorting perceptions.

 

I agree wholeheartedly. In fact I would say that everything other than free market capitalism has something wrong with it.

 

The ugliness of capitalism largely lies in the fat that human beings run things. The problem with other systems is that they are also run by human beings and their are certain constraints upon people who wish to make money while there are none upon those who chase after power hence Leninism gave rise inexorably to Stalinism, Maoism, and a host of other evils that make anything that happened in the west during the same time period pale by comparison.

 

I am not a communist. However this preoccupation that communism or some of the forerunners of this ideology are worse than capitalists is totally baseless. This is one-sided opinion. This opinion is a borrowed one and no original opinion based on observations of the situation. Men are killed for reinforcing ideologies; wars break in the interests of capitalists. Even foreign polices of a country to the extent of putting an embargo on a country are designed at the advice or command of capitalists. Iraq was raided, Afghanistan wrecked, Vietnam was destroyed. Japan was bombed and the Korean war was promoted and the Middle East was put to conflict and there are so many such examples. Whose interest? There is capitalism and capitalists are ready to do anything to divide their country, break it, sell part of it, disintegrate it what not? Are they less hegemonic?

 

Cant imagine what situation you've been observing, but an observation of the situation of human civilization here on earth over the last 100 years shows that communism or some of the forerunners of this ideology are much worse than capitalists. Capitalist nations have thrived while nations where communism or some of the forerunners have been applied have not.

 

Capitalism is freedom, everything else is a restriction upon that freedom.

 

I think you could just say that a "free market" has nothing wrong with it and leave capitalism off the end. In a free market, the socialists and communists can band together and build their communist/socialist utopia and prove the value of it. Of course, that's not the way they operate. Everyone must be forced to live according to their moral principles and those who refuse must be killed or enslaved.

 

Well we did win the race to the moon and we were catching up because we weren't in the race in the beginning. And more importantly since we are comparing economic systems, capitalism engaged in the race while providing thriving prosperity to the people. While the Soviet union did not.

 

????? Capitalism is freedom. Freedom of exchange. Freedom to do with ones property what they wish. Communism and socialism is a restriction upon that freedom. Communism and socialism only restrict the free market.

 

I hate even using the term capitalism, and get annoyed with myself when I slip up and do so. It is a pejorative invented by socialists.

I simply prefer a system where ownership is legally protected and people may act however they wish as long as they don't violate the body or property of others. I.e., everyone living peacefully.

 

Capitalism is a form of economic cooperation that thrives best in a free market. However, it can exist in a regulated market. Hence, I prefer just "free market ecomomics." If a moral system has merit, it does not need a state to enforce it. People will decide, voluntarily, which system they will prefer.

As Longshot points out, Capitalism is a pejorative created by marxists to describe economic cronyism. The term "free market" cannot be so easily undermined. Either people are not prevented from engaging in peaceful, voluntary transactions, or there is aggressive interference to some extent. In the latter case, it is not a free market. For instance, you'll hear many arguments that capitalism is the cause of big banks failing. That may or may not be true, depending on how you define capitalism. What cannot be logically true is that it is a result of a free market, is the banking sector is heavily regulated and the monetary system is centrally planned.

I prefer capitalism, and what I really want is freedom, including a free market. Some people will decide to form communes where they can bicker over who will clean the bathrooms, others will invest in capital and create wealth for everyone.