3 Myths about Capitalism...

1: Working hard will make you rich; This is completely untrue, especially in America. While hard work is great, to become rich, on your own, you also need to be able to create and sell some product or service that is highly sought after. No one has ever became rich simply by working really really hard.

2: Everyone has an equal chance to succeed; In a capitalist society, the wealthy and the children of the wealthy have access to education, money, contacts, cloths, and other things that the average person does not. One of the biggest things about success if it is more about who you know and how you dress more than what you can do. A corporation will always promote their rich investor's moronic nephew over a qualified, but lesser known worker...

3: The wealthy create jobs; Big business and the rich do not create the majority of jobs in america, small business does. Small, expanding businesses are the ones who hire more and more workers as they grow. Eventually, once they become large companies and corporations, they stop expanding and focus on profits. They hire less people, and even fire and lay off workers they have already hired to save money.

 

there is an old saying.....

"WORK SMART, NOT HARD"

this is so true!

 

America is not a capitalist system so this point is moot.

Nobody ever claimed capitalism was about "being equal", but it certainly allows for a greater opportunity of economic quality than socialism (what we've got now).

The socialist system we have now screws over the small businesses and extends govt privileges to big businesses to help them squash their competition. There is the most amount of competition in the free market.

 

One of the biggest selling points to America is the "American Dream" where everyone has an equal chance to succeed....

But you are right about America not being captialist.....America is a Corporatist Republic.

 

This day in age, the American dream is just that - a dream, because you have to be sleeping to ever believe that it's real. The American Dream/free market have been long gone in this country for at least a century, if not more. Everything else that you posted, the Republican lies about the rich being trusted to do whats best for this country, and that nonsense being passed off as capitalism, is just a bastardization of captialism. The rich are not capitalists - they are wealthy socialists who enjoy watching the middle and poor classes blame captitalism for the state of the economy. They do not care about our well being. All they care about is ways for them to use goverment to solidify their wealth and power.

The free market and small government are the only solutions

 

By small government you mean leave everything to the states.,....Illinois is a perfect example of the States being just as bad as the fed when it comes to corruption....

 

It is 100% impossible for everyone to have an equal chance to succeed. Not even in a communistic system.

The American dream is that you can come here, work your ass off, and make something out of yourself... all without government interfering.

 

Is not impossible, if everybody starts from the same point. In capitalism some people start the race from the starting line, others from 100 meters behind the starting line and others 100 meters after the starting line. In this conditions is impossible to have equal chance to succeed.

 

Eight Killed in California Salon Shooting

Posted Wednesday, October 12th, 2011 at 9:10 pm

A gunman has killed eight people and critically injured another in a shooting spree at a busy hair salon in (the western U.S. state of) California.

Local police officer Steve Bowles told reporters the sole suspect in Wednesday's shooting has been arrested, but they are not yet sure what the motive was. Bowles said police are working on the assumption the suspect had some connection to someone inside the salon.

Police detained the suspect and confiscated several weapons from him about a mile away, after he tried to flee the scene in a vehicle.

The salon is located in a shopping center along the Pacific Coast Highway, in a town called Seal Beach. Witnesses said it was packed at the time of the shooting, around lunchtime.

The victims have not yet been identified and it is not clear whether they were customers, employees or bystanders. Six were found dead on the scene, while two others died later at the hospital. Doctors say the ninth victim remains in critical condition.

 

In America you have the best opportunity to succeed... more so than any other country.

In a communist country you all start at same point, but you never move forward... so there is no chance to succeed. Not when government dictates everything.

 

Нет. The American Dream have never existed, and if you want to reduce government, also you must reduce government of the states. As pointed Daggdagg.

And also in free market people was really exploited, I don't want to go back to the times of the XIX century.

Free market means explotation of the workers. No thanks.

 

What does this have to do with the thread?

 

Who said anything about going back to the 19th century? I want America to move forward into the 21st century, but that's not going to happen when the socialism destroys us.

Please explain how the free market "exploits workers"?

 

Not leave everything to the states, only what is specified in the Constitution. But I agree that states are just as corrupt as the federal government, because it is still government. But at the state level, it's at least possible for the people to retain SOME form of relative local control, and there is escape to other states. At the federal level, there is no escape from their abuses.

 

Work hard and smart. If you are not smart enough to become rich, that's not really anyone else's fault, is it?

 

The American dream=big time success

In a communistic society everyone is worth the same to society. You can't move up and have big time success in a communistic society... there is no going forward=no success

 

This is untrue. The USA rates 30/30 in terms of Social Mobility in the Western world. This means if you are born into a poor family, the chances are you'll die in a poor family.

You are buying into an old myth which has not been true since political power was accumulated to such a degree that business can buy votes.

 

What other country in the western world is successful? Save Canada.

I am buying into no myth. The problem is too many people are lazy and expect others to do work for them and baby them along the system. It's the liberal mantra that one is entitled to things.

 

This is a lie. The government and banking system are making us all poorer by the day. It has nothing to do with people being lazy, it has to do with socialism making us all go broke. I'm sorry but I don't support your socialist utopia.

 

You're failing to account for human nature - that failures will tend to instill failing ideas into their offspring which continues a chain of failure. If you come from success, you are more likely to succeed because your parents understood what it takes to succeed and they instilled that in you from an early age. What did your family teach you growing up? That you can do anything you set your mind to? Or know your role and shut your hole?

Every time I see a rapper go from dirt poor in the ghetto to the top of the pop charts, your theory is disproven. The American dream is alive and well. But it's only the people who are willing to put in the work that make it happen. Just like it's always been.

 

I didn't mean that. I meant that free market means go back to the conditions of the XIX century when the workers didn't have any right.

I posted a some graphs how are indicating that the real wages of the workers is stagnant, the corporations are earning 350 times more than the workers when 40 years ago only 50 times more. There was more equality 50 years ago than now. USA is the one onf the most inequalitarian countries of the world, and not thanks to "Socialism" if not thanks to the capitalism, free market ideas. Free market creates a real inequalitarian society.

 

I don't have any socialist utopia. I have no clue where you got that from.

 

cap·i·tal·ism   [kap-i-tl-iz-uhm] Show IPA
noun
an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.

http://dictionary.reference.com/browse/capitalism


I don't see; Working hard will make you rich; Everyone has an equal chance to succeed; The wealthy create jobs; anywhere in that definition.

 

That's because excuses are more attractive to you than success. I can't fix you. I can only point you in the right direction. What you choose to do with those directions is entirely up to you.

 

But, but, isn't guvornment supposed to do that for me???