Capitalism is NOT Democratic: Democracy is NOT Capitalist

he five hundred year history of capitalism is filled with millions of murdered human beings sacrificed on the altar of profit.

Right, anyone who dies of hunger or from dirty water was killed by capitalism. DURR.
Anyone killed in the two great capitalist wars of the 20th century died for private profit. Any Irish or Indians who starved to death under the capitalist rule of the British Empire died for private profit. Capitalism is a disease whose time has passed.

 
Anyone killed in the two great capitalist wars of the 20th century died for private profit. Any Irish or Indians who starved to death under the capitalist rule of the British Empire died for private profit. Capitalism is a disease whose time has passed.



Right, anyone who dies of hunger or from dirty water was killed by capitalism. DURR.
 
Anyone killed in the two great capitalist wars of the 20th century died for private profit. Any Irish or Indians who starved to death under the capitalist rule of the British Empire died for private profit. Capitalism is a disease whose time has passed.


You're forgetting that the USSR invaded Poland along with NAZI Germany, both of which claimed to despise the profit motive.
 
I don't what the fuck "monopoly capitalism" is supposed to mean. But, in a free market, value isn't "calculated". Value is subjective. Depends entirely on who's evaluating.
Monopolies set prices with no input from "free" markets required, and there's nothing subjective about that.

Achieving monopoly status is what every capitalist aspires to.

It's one more in a long list of inherent capitalist contradictions.

ition-after-regulation.svg_.png

"A monopoly can be recognized by certain characteristics that set it aside from the other market structures:

  • Profit maximizer: a monopoly maximizes profits. Due to the lack of competition a firm can charge a set price above what would be charged in a competitive market, thereby maximizing its revenue.
  • Price maker: the monopoly decides the price of the good or product being sold. The price is set by determining the quantity in order to demand the price desired by the firm (maximizes revenue).
  • High barriers to entry: other sellers are unable to enter the market of the monopoly.
  • Single seller: in a monopoly one seller produces all of the output for a good or service. The entire market is served by a single firm. For practical purposes the firm is the same as the industry.
  • Price discrimination: in a monopoly the firm can change the price and quantity of the good or service. In an elastic market the firm will sell a high quantity of the good if the price is less. If the price is high, the firm will sell a reduced quantity in an elastic market."
Introduction to Monopoly | Boundless Economics
 
Monopolies set prices with no input from "free" markets required, and there's nothing subjective about that.

Achieving monopoly status is what every capitalist aspires to.

It's one more in a long list of inherent capitalist contradictions.

ition-after-regulation.svg_.png

"A monopoly can be recognized by certain characteristics that set it aside from the other market structures:

  • Profit maximizer: a monopoly maximizes profits. Due to the lack of competition a firm can charge a set price above what would be charged in a competitive market, thereby maximizing its revenue.
  • Price maker: the monopoly decides the price of the good or product being sold. The price is set by determining the quantity in order to demand the price desired by the firm (maximizes revenue).
  • High barriers to entry: other sellers are unable to enter the market of the monopoly.
  • Single seller: in a monopoly one seller produces all of the output for a good or service. The entire market is served by a single firm. For practical purposes the firm is the same as the industry.
  • Price discrimination: in a monopoly the firm can change the price and quantity of the good or service. In an elastic market the firm will sell a high quantity of the good if the price is less. If the price is high, the firm will sell a reduced quantity in an elastic market."
Introduction to Monopoly | Boundless Economics
The only monopolies in this country are all created and protected by the government.
 
I agree, we don't want to catch criminals by frisking them......durr.
Stop driving like such jackasses, you'll get pulled over less.
Greed is NOT good.
bizd1.jpg

"The Guardian reported that “leaders at Wall Street’s top banks are to receive pay deals worth more than $70bn for their work so far this year – despite plunging the global financial system into its worst crisis since the 1929 stock market crash'"

Put These Wall Street Criminals Where They Belong
 
You know, I started out typing a reply, but I thought "why pretend this commie shill deserves anything more than contempt and ridicule?" I couldn't really come up with a good answer. You got anything?
Hit ignore.
 
Monopolies set prices with no input from "free" markets required, and there's nothing subjective about that.

Achieving monopoly status is what every capitalist aspires to.

It's one more in a long list of inherent capitalist contradictions.

ition-after-regulation.svg_.png

"A monopoly can be recognized by certain characteristics that set it aside from the other market structures:

  • Profit maximizer: a monopoly maximizes profits. Due to the lack of competition a firm can charge a set price above what would be charged in a competitive market, thereby maximizing its revenue.
  • Price maker: the monopoly decides the price of the good or product being sold. The price is set by determining the quantity in order to demand the price desired by the firm (maximizes revenue).
  • High barriers to entry: other sellers are unable to enter the market of the monopoly.
  • Single seller: in a monopoly one seller produces all of the output for a good or service. The entire market is served by a single firm. For practical purposes the firm is the same as the industry.
  • Price discrimination: in a monopoly the firm can change the price and quantity of the good or service. In an elastic market the firm will sell a high quantity of the good if the price is less. If the price is high, the firm will sell a reduced quantity in an elastic market."
Introduction to Monopoly | Boundless Economics

Monopolies set prices with no input from "free" markets required, and there's nothing subjective about that.

Like communism?
 
Redlining is a commie myth.
Tell Bloomberg.

The Historical Reasons Behind the U.S. Racial Wealth Gap

"Today, owning a home is the most common way Americans hold wealth. The working class gained access to the U.S. housing market in the 1930s with the creation of the modern mortgage, a part of broader policies to restore prosperity during the Great Depression.

"Black families, however, were largely left out through a practice called redlining. A federal agency called the Home Owners’ Loan Corporation assigned grades to neighborhoods based on criteria including the race and class of residents

"Areas that got the lowest grade were deemed hazardous to lend to and color-coded red on maps, making it difficult for Black people to get mortgages."
 
Tell Bloomberg.

The Historical Reasons Behind the U.S. Racial Wealth Gap

"Today, owning a home is the most common way Americans hold wealth. The working class gained access to the U.S. housing market in the 1930s with the creation of the modern mortgage, a part of broader policies to restore prosperity during the Great Depression.

"Black families, however, were largely left out through a practice called redlining. A federal agency called the Home Owners’ Loan Corporation assigned grades to neighborhoods based on criteria including the race and class of residents

"Areas that got the lowest grade were deemed hazardous to lend to and color-coded red on maps, making it difficult for Black people to get mortgages."
That may have been true in the 1930s. It was true in the 1980s. It was against the law.
 

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