Make up your mind, America

[kiwiman127]

Which was this country designed for Unfettered capitalism or the people?

=====================
Unfettered capitalism hasn't really been good for Main Street America. All one has to do is look at the Saving & Loan failures in the late 80's, the financial sector collapse that was a main culprit to our recent recession, off-shore outsourcing and flat wages for the working class. Unfettered capitalism is great for the few but not for the masses.

Those weren't a product of "unfettered capitalism"...They were the product of insiders gaming a highly regulated marketplace.

You want more jobs for the working classes?...The cut the taxes and regulations that have chased them offshore.

=================
I just got done showing that when the financial sector gets deregulated bad things happen.
The Savings & Loan disaster was the result of the deregulations installed in the early 80's and the recent failures are attributed to the deregulation of that sector in the late 90's.
All the time there were tough regulations on those sectors there were no massive failures but then deregulation sets in and walla, failures and the cost taxpayers. That's 2 for 2, not a great testimony for deregulation.

 

[boedicca]

Free Trade and Capitalism lead to Job Creation.

We have ample evidence that Centralized Planning and Protectionism lead to an Epic Fail.

 

[daveman]

No reason we can't have both. Well, no reason but Democrats making the US a place hostile to business.

Which was this country designed for Unfettered capitalism or the people?

Who is The Man who's keeping you down?

 

[daveman]

I'm always amazed that there are useful idiots in the working class who actually oppose the 8-hour work day, the minimum wage, fire escapes, and mandatory housing around moving gears.

Who said any of that?

Oh, yeah...no one.

Communists are stupid.

 

[daveman]

Unfettered Capitalism inevitably leads to colonialism and oligarchy.

You can rename the colonies Banana Republics. You can remove the pseudo-nationalist vibe in place of internationalism and 'free trade', but the fundamental nature of what is going on- and the suffering of the poor- remain unchanged.

Americans fought for socialism. They fought for the 8-hour work day, minimum wages, unionization in the face of government executions of union leadership and the killing of women and children by the bosses' thugs.

And now they not only turn their backs on their fellow-workers, content to elevate themselves to the role of the new international aristocracy- a protected class within the proletariat, content to let their fellows suffer in order that the boss can increase his profits and they can feel that they're good little capitalists-- now some would even advocate throwing it all away and returning to the sweatshops in the name of being 'friendly to business'! The 'business' of which they speak is not the workers' business. It is not the trades, nor is it the potential for entrepreneurship found in the new socialist society. it is not even the guilds of the past- it is capitalism, the very same master to which they themselves were once slaves!

 

[daveman]

Free Trade and Capitalism lead to Job Creation.

We have ample evidence that Centralized Planning and Protectionism lead to an Epic Fail.

Those who fail to learn from history are doomed to vote Democrat.

 

[kiwiman127]

NAFTA and CAFTA have worked out real good for the American worker haven't they? The result has been lost jobs and flat/lower wages.

 

[Oddball]

=====================
Unfettered capitalism hasn't really been good for Main Street America. All one has to do is look at the Saving & Loan failures in the late 80's, the financial sector collapse that was a main culprit to our recent recession, off-shore outsourcing and flat wages for the working class. Unfettered capitalism is great for the few but not for the masses.

Those weren't a product of "unfettered capitalism"...They were the product of insiders gaming a highly regulated marketplace.

You want more jobs for the working classes?...The cut the taxes and regulations that have chased them offshore.

=================
I just got done showing that when the financial sector gets deregulated bad things happen.
The Savings & Loan disaster was the result of the deregulations installed in the early 80's and the recent failures are attributed to the deregulation of that sector in the late 90's.
All the time there were tough regulations on those sectors there were no massive failures but then deregulation sets in and walla, failures and the cost taxpayers. That's 2 for 2, not a great testimony for deregulation.

Claiming that it was deregulated doesn't make it so....It was re-regulated to make gaming of the system that happened possible.

And don't even get me started on the Fed fiat money monopoly.

 

[JBeukema]

Capitalism..without competition..is no longer capitalism.

Oligopoly/monopoly are the entire aim of capitalism. The capitalist's single drive, the entire task he is assigned and readily accepts, is to snuff out the competition, minimize costs, and maximize the profit margin and net profits for himself and the few at the head of the company.

No.

It is not.

Capitalism is a mechanism to disburse goods and services. It does that by insuring competition between privately owned enterprises and through use of a profit motivation.

Take away the "competition" function..then it becomes something else.

The only way to ensure competition is through regulation and anti-capitalist measures such as the anti-trust acts- you know 'punishing success' and all that evil stuff

 

[Oddball]

I'm always amazed that there are useful idiots in the working class who actually oppose the 8-hour work day, the minimum wage, fire escapes, and mandatory housing around moving gears.

Who said any of that?

Oh, yeah...no one.

Communists are stupid.

The Lone Strawman rides again.

 

[JBeukema]

Free Trade and Capitalism lead to Job Creation.
.

Tell that to everyone whose job was moved to a Chinese sweatshop

 

[JBeukema]

I'm always amazed that there are useful idiots in the working class who actually oppose the 8-hour work day, the minimum wage, fire escapes, and mandatory housing around moving gears.

Who said any of that?

Oh, yeah...no one.

Communists are stupid.

Those are some of the cost-increasing measures that make us so 'hostile to business'

 

[JBeukema]

Unfettered Capitalism inevitably leads to colonialism and oligarchy.

You can rename the colonies Banana Republics. You can remove the pseudo-nationalist vibe in place of internationalism and 'free trade', but the fundamental nature of what is going on- and the suffering of the poor- remain unchanged.

Americans fought for socialism. They fought for the 8-hour work day, minimum wages, unionization in the face of government executions of union leadership and the killing of women and children by the bosses' thugs.

And now they not only turn their backs on their fellow-workers, content to elevate themselves to the role of the new international aristocracy- a protected class within the proletariat, content to let their fellows suffer in order that the boss can increase his profits and they can feel that they're good little capitalists-- now some would even advocate throwing it all away and returning to the sweatshops in the name of being 'friendly to business'! The 'business' of which they speak is not the workers' business. It is not the trades, nor is it the potential for entrepreneurship found in the new socialist society. it is not even the guilds of the past- it is capitalism, the very same master to which they themselves were once slaves!

Nobody is advocating communism, moron

 

[Sallow]

Oligopoly/monopoly are the entire aim of capitalism. The capitalist's single drive, the entire task he is assigned and readily accepts, is to snuff out the competition, minimize costs, and maximize the profit margin and net profits for himself and the few at the head of the company.

No.

It is not.

Capitalism is a mechanism to disburse goods and services. It does that by insuring competition between privately owned enterprises and through use of a profit motivation.

Take away the "competition" function..then it becomes something else.

The only way to ensure competition is through regulation and anti-capitalist measures such as the anti-trust acts- you know 'punishing success' and all that evil stuff

No argument here.

Or in the United States Constitution.

 

[JBeukema]

Those weren't a product of "unfettered capitalism"...They were the product of insiders gaming a highly regulated marketplace.

You want more jobs for the working classes?...The cut the taxes and regulations that have chased them offshore.

=================
I just got done showing that when the financial sector gets deregulated bad things happen.
The Savings & Loan disaster was the result of the deregulations installed in the early 80's and the recent failures are attributed to the deregulation of that sector in the late 90's.
All the time there were tough regulations on those sectors there were no massive failures but then deregulation sets in and walla, failures and the cost taxpayers. That's 2 for 2, not a great testimony for deregulation.

Claiming that it was deregulated doesn't make it so....It was re-regulated to make gaming of the system that happened possible.

And don't even get me started on the Fed fiat money monopoly.

When the industry writes the regulation, the result is de-facto deregulation. see mms, deepwater horizon

See: MMS

 

[JBeukema]

No.

It is not.

Capitalism is a mechanism to disburse goods and services. It does that by insuring competition between privately owned enterprises and through use of a profit motivation.

Take away the "competition" function..then it becomes something else.

The only way to ensure competition is through regulation and anti-capitalist measures such as the anti-trust acts- you know 'punishing success' and all that evil stuff

No argument here.

Or in the United States Constitution.

You seem to be contradicting yourself now. I suspect it's because you're confusing capitalism as a socio-economic and political system with the capitalist mode of production that can be found in a number of systems, including the various forms of workplace and market democracy.

 

[JBeukema]

No reason we can't have both. Well, no reason but Democrats making the US a place hostile to business.

Yes...


we need to be more friendly to business

 

[daveman]

I'm always amazed that there are useful idiots in the working class who actually oppose the 8-hour work day, the minimum wage, fire escapes, and mandatory housing around moving gears.

Who said any of that?

Oh, yeah...no one.

Communists are stupid.

The Lone Strawman rides again.

He'd better watch out for flying monkeys.

 

[daveman]

I'm always amazed that there are useful idiots in the working class who actually oppose the 8-hour work day, the minimum wage, fire escapes, and mandatory housing around moving gears.

Who said any of that?

Oh, yeah...no one.

Communists are stupid.

Those are some of the cost-increasing measures that make us so 'hostile to business'

So who's spoken against them?

Degree of difficulty: The voices in your head don't count.

 

[daveman]

Unfettered Capitalism inevitably leads to colonialism and oligarchy.

You can rename the colonies Banana Republics. You can remove the pseudo-nationalist vibe in place of internationalism and 'free trade', but the fundamental nature of what is going on- and the suffering of the poor- remain unchanged.

Americans fought for socialism. They fought for the 8-hour work day, minimum wages, unionization in the face of government executions of union leadership and the killing of women and children by the bosses' thugs.

And now they not only turn their backs on their fellow-workers, content to elevate themselves to the role of the new international aristocracy- a protected class within the proletariat, content to let their fellows suffer in order that the boss can increase his profits and they can feel that they're good little capitalists-- now some would even advocate throwing it all away and returning to the sweatshops in the name of being 'friendly to business'! The 'business' of which they speak is not the workers' business. It is not the trades, nor is it the potential for entrepreneurship found in the new socialist society. it is not even the guilds of the past- it is capitalism, the very same master to which they themselves were once slaves!

Nobody is advocating communism, moron

Just you.