Agit8r
Gold Member
- Dec 4, 2010
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Do you believe America's economy today is unfettered capitalism? If so, you could not be more wrong. America is a crony capitalist fascist oligarchy.You guys really do need a new shtick. I have over a million dollars in assets. I know, that's not really rich in today's dollars but it's way better off than most. this world is going down and the reason is human stupidity - just like yours. Just keep on buying into the current system. Let's see how far it goes.From a 1949 essay by Albert Einstein:
Production is carried on for profit, not for use. There is no provision that all those able and willing to work will always be in a position to find employment; an “army of unemployed” almost always exists. The worker is constantly in fear of losing his job. Since unemployed and poorly paid workers do not provide a profitable market, the production of consumers’ goods is restricted, and great hardship is the consequence. Technological progress frequently results in more unemployment rather than in an easing of the burden of work for all. The profit motive, in conjunction with competition among capitalists, is responsible for an instability in the accumulation and utilization of capital which leads to increasingly severe depressions. Unlimited competition leads to a huge waste of labor, and to that crippling of the social consciousness of individuals which I mentioned before.
Why Socialism
In the wake of technological advances which increasingly benefit only the rich, I think everyone should open their minds to the possibility of what the world could be instead.
Hey Joe... There's nothing stopping you from being rich, but you.
And Joe, envy is a very ugly instinct.
The problem with socialism, as with most economic systems, is it requires man to control it...and we all know man is a terribly flawed thing.
Has there ever been a nation with an unfettered capitalist economy?
I pretty much agree with what you say here. As to that last question, no, it is like the other utopian theories.