FA_Q2
Gold Member
All of them. Current policies and regulations do nothing to protect the actual consumer. Instead, they force the situation that we are in today. Do you have any experience with government regulations? I run a very small company and the useless regulations that I have to follow make up 99% of the 5 THOUSAND page book that I have to follow. Those regulations make it almost impossible for small business to compete. It favors large companies that can absorb the losses, bribe their way out of the regulations or break through them. That stifling of competition is what puts us in these messes. Compound that with the fact that the government then bails out the large companies while allowing the smaller ones to fail and you are creating the EXACT opposite of capitalism. You are, in essence, creating exactly the type of system that you seem to be advocating forWhat insane regulations and ridiculous policies of an overbearing government brought down Bear Stearns, or AIG, or Lehman Brothers? Individuals on Wall Street were free enough to inflate and pop a housing/credit bubble that lead to a $13 trillion bailout, and it doesn't matter if you were in favor of the bail out or not. Obviously, a few of us are not free to fail...or maybe they're too free to fail? Maybe they're too rich to fail?Private enterprises that had to account for an overbearing government, insane regulations and ridiculous policies. I notice that the fact that those individuals were free to make the choices that brought them that conclusion was totally left out of the point as well. In order to attain freedom you must be free to both succeed AND fail for without one you are not free to do the other."Some do that very American thing and blame politicians and the state, ignoring the fact that the vast majority of the unemployed were laid off by private enterprises, the vast majority of homeowners were foreclosed on by private banks, and the vast majority of the still employed have had their benefits and job security reduced by private employers.
Your OP is asinine. Democracy (or more correctly in this case a republic as I assume you are talking about the American system) flourishes BEST when coupled with capitalism. With any other system it is almost certainly a path to disaster as all other economic models do not hinge on true freedom where capitalism requires exactly that. Capitalism is embodied in freedom as much as democracy is.
The funny thing is that you turn to the corruption that is inherent whenever a government grows to large. As government crosses into business, so too does business cross into government and the power of money is quite corrupting. The sad part is that under any other economic system the corruption is far greater, more rampant and harder to control. At least the capitalistic society allows the consumer a direct control over the situation where a socialist society gives you no such choice.
Your premise is incorrect,. Capitalism IS equal. What you fail to understand is that capitalism is equal OPERTUNITY, not equal outcome. There is only ONE possible way to ensure equal outcome and it is not bringing everyone up. That is not possible. The only way to ensure equal outcome os to bring upon everyone the full suffering of the lowest. There is no more free a system than capitalism where you can choose to be what you want. You can take any job you please. If that does not suit you then you can start your own company. You are free to be rich or poor, wealthy or not. That choice lies solely within you. The system that you want has no options. Socialism leaves no room for choice. You would be a slave to whatever the government decided that you need to be doing in a system where there is no movement from one class to another.Capitalism has no use for equality.
Democracy does.
Both have vastly different beliefs about the distribution of power.
Democracy believes in one person; one vote; Capitalism doesn't.
The capitalist believes in one dollar; one vote. Only someone who grew up sucking on capital's teat would conflate the completely equal distribution of political power found in democracy with the notion that individual profit for a few should come at the expense of lost jobs, homes and pensions for many.
Sucking off the capitalist teat?? Capitalism has no teat. Perhaps that is your problem. You are looking for your deserved handout, the fruits of the tree and have found that there is none. The sad part is that they are there, the difference is that you actually need to work for it in a capitalist society.