Unrestrained Capitalism Would Cause........

[dblack]

I already told you it's the people. The capitalist does nothing but provide the capital. State chartered banks could fill that role.

Heh... yup. That's the final 'power-up' for the banksters - merging economic power with state power!

There would be no private banking.

They're already merged under the current system. You must realize that.

It's already happening, yes. That's what I was getting at. Banning private economic investment, and centralizing such power under authoritarian government, is the final step. You nitwits think you're socializing corporations, but you're not. You're corporatizing government.

Nonsense, you guys keep screaming government but nothing I have said increases government.

You're right. State chartered banks wouldn't increase government power at all. How silly of me.

 

[Tehon]

I already told you it's the people. The capitalist does nothing but provide the capital. State chartered banks could fill that role.

Heh... yup. That's the final 'power-up' for the banksters - merging economic power with state power!

There would be no private banking.

They're already merged under the current system. You must realize that.

It's already happening, yes. That's what I was getting at. Banning private economic investment, and centralizing such power under authoritarian government, is the final step. You nitwits think you're socializing corporations, but you're not. You're corporatizing government.

Nonsense, you guys keep screaming government but nothing I have said increases government.

You're right. State chartered banks wouldn't increase government power at all. How silly of me.

Explain how a State Bank, as in say North Dakota, is going to oppress the people.

 

[dblack]

Heh... yup. That's the final 'power-up' for the banksters - merging economic power with state power!

There would be no private banking.

They're already merged under the current system. You must realize that.

It's already happening, yes. That's what I was getting at. Banning private economic investment, and centralizing such power under authoritarian government, is the final step. You nitwits think you're socializing corporations, but you're not. You're corporatizing government.

Nonsense, you guys keep screaming government but nothing I have said increases government.

You're right. State chartered banks wouldn't increase government power at all. How silly of me.

Explain how a State Bank, as in say North Dakota, is going to oppress the people.

Well, you offered up the idea as a replacement for capitalists. That means these banks are going to be making society's major decisions regarding how our wealth is utilized. I'm sort of surprised you don't see the potential for abuse there. But we can walk through some examples if you like.

Let's say food production and sales is no longer driven by capitalists striving for profits, but by state banks, controlled by government. The state in question is conservative and has a basket of deplorables currently running things. Do you think they're likely to stock up on halal food? They might even decide not to stock it at all, eh? Or let's say a movie producer is looking for capital to make a new movie, and this movie producer is known for making politically radical films. Is she likely to get a loan from the state bank to do a documentary exposing their corruption?

 

[Tehon]

There would be no private banking.

They're already merged under the current system. You must realize that.

It's already happening, yes. That's what I was getting at. Banning private economic investment, and centralizing such power under authoritarian government, is the final step. You nitwits think you're socializing corporations, but you're not. You're corporatizing government.

Nonsense, you guys keep screaming government but nothing I have said increases government.

You're right. State chartered banks wouldn't increase government power at all. How silly of me.

Explain how a State Bank, as in say North Dakota, is going to oppress the people.

Well, you offered up the idea as a replacement for capitalists. That means these banks are going to be making society's major decisions regarding how its wealth is utilized. I'm sort of surprised you don't see the potential for abuse there. But we can walk through an example if you like.

Let's say food production and sales is no longer driving by capitalists striving for profits, but by state banks, controlled by government. The state is conservative and has a basket of deplorables currently running things. Do you think they're likely to stock up on halal food? They might even decide not to stock it at all, eh? Or let's say a movie producer is looking for capital to make a new movie, and this movie producer is known for making politically radical films. Is she likely to get a loan from the state bank to do a documentary exposing their corruption?

Food production. Remove the capitalist that has consolidated the production of food for private profit and return it back to the communities. Let the community decide what their food needs are. The states role will be limited. That's what we want isn't it.

 

[dblack]

It's already happening, yes. That's what I was getting at. Banning private economic investment, and centralizing such power under authoritarian government, is the final step. You nitwits think you're socializing corporations, but you're not. You're corporatizing government.

Nonsense, you guys keep screaming government but nothing I have said increases government.

You're right. State chartered banks wouldn't increase government power at all. How silly of me.

Explain how a State Bank, as in say North Dakota, is going to oppress the people.

Well, you offered up the idea as a replacement for capitalists. That means these banks are going to be making society's major decisions regarding how its wealth is utilized. I'm sort of surprised you don't see the potential for abuse there. But we can walk through an example if you like.

Let's say food production and sales is no longer driving by capitalists striving for profits, but by state banks, controlled by government. The state is conservative and has a basket of deplorables currently running things. Do you think they're likely to stock up on halal food? They might even decide not to stock it at all, eh? Or let's say a movie producer is looking for capital to make a new movie, and this movie producer is known for making politically radical films. Is she likely to get a loan from the state bank to do a documentary exposing their corruption?

Food production. Remove the capitalist that has consolidated the production of food for private profit and return it back to the communities. Let the community decide what their food needs are. The states role will be limited. That's what we want isn't it.

It's not what I want, no. I can decide my food needs myself.

 

[Tehon]

Nonsense, you guys keep screaming government but nothing I have said increases government.

You're right. State chartered banks wouldn't increase government power at all. How silly of me.

Explain how a State Bank, as in say North Dakota, is going to oppress the people.

Well, you offered up the idea as a replacement for capitalists. That means these banks are going to be making society's major decisions regarding how its wealth is utilized. I'm sort of surprised you don't see the potential for abuse there. But we can walk through an example if you like.

Let's say food production and sales is no longer driving by capitalists striving for profits, but by state banks, controlled by government. The state is conservative and has a basket of deplorables currently running things. Do you think they're likely to stock up on halal food? They might even decide not to stock it at all, eh? Or let's say a movie producer is looking for capital to make a new movie, and this movie producer is known for making politically radical films. Is she likely to get a loan from the state bank to do a documentary exposing their corruption?

Food production. Remove the capitalist that has consolidated the production of food for private profit and return it back to the communities. Let the community decide what their food needs are. The states role will be limited. That's what we want isn't it.

It's not what I want, no. I can decide my food needs myself.

Nothing would change in a Socialist system. The market would still serve as vehicle for exchange of commodities. The only thing cut out would be the capitalist.

 

[dblack]

Nothing would change in a Socialist system. The market would still serve as vehicle for exchange of commodities. The only thing cut out would be the capitalist.

Have you ever given much thought to what it is that capitalists do? what function they perform in an economy?

 

[LogikAndReazon]

Inequality

Imagine the Horrors !!!!!

 

[Darkwind]

our companies to fight to the death in order to survive by raising our standard of living at the fastest possible rate!!! Lets do it!!!

I think unrestrained socialism sounds much better. Fight to death to get that last roll of toilet paper sounds much more attractive.

We can even bring back the Roman-style arenas. Just don't charge for the tickets. Wouldn't want to be a capitalist or anything.

 

[Tehon]

our companies to fight to the death in order to survive by raising our standard of living at the fastest possible rate!!! Lets do it!!!

I think unrestrained socialism sounds much better. Fight to death to get that last roll of toilet paper sounds much more attractive.

We can even bring back the Roman-style arenas. Just don't charge for the tickets. Wouldn't want to be a capitalist or anything.

You can charge tickets, just so long as those involved with the production are also those that allocate the proceeds. Be a good way to dispose of the uncooperative capitalists.

 

[Tehon]

Inequality

Imagine the Horrors !!!!!

Real democracy!!!!!!

 

[dblack]

Inequality

Imagine the Horrors !!!!!

Real democracy!!!!!!

Unrestrained democracy?

 

[dblack]

Nothing would change in a Socialist system. The market would still serve as vehicle for exchange of commodities. The only thing cut out would be the capitalist.

Have you ever given much thought to what it is that capitalists do? what function they perform in an economy?

Seriously, Tehon - capitalists allocate labor and resources in a free market. That job still needs to get done in a state-run economy. Do you really think government officials can do a better job that private investors?

 

[Tehon]

Nothing would change in a Socialist system. The market would still serve as vehicle for exchange of commodities. The only thing cut out would be the capitalist.

Have you ever given much thought to what it is that capitalists do? what function they perform in an economy?

Seriously, Tehon - capitalists allocate labor and resources in a free market. That job still needs to get done in a state-run economy. Do you really think government officials can do a better job that private investors?

It is not going to be a state run economy.

 

[Tehon]

Inequality

Imagine the Horrors !!!!!

Real democracy!!!!!!

Unrestrained democracy?

No man. Representative democracy works fine. The super rich will lose the ability to buy the government.

 

[dblack]

Nothing would change in a Socialist system. The market would still serve as vehicle for exchange of commodities. The only thing cut out would be the capitalist.

Have you ever given much thought to what it is that capitalists do? what function they perform in an economy?

Seriously, Tehon - capitalists allocate labor and resources in a free market. That job still needs to get done in a state-run economy. Do you really think government officials can do a better job that private investors?

It is not going to be a state run economy.

Huh? What's not going to be? How do you see capital getting distributed under socialism?

 

[dblack]

Inequality

Imagine the Horrors !!!!!

Real democracy!!!!!!

Unrestrained democracy?

No man. Representative democracy works fine. The super rich will lose the ability to buy the government.

But you'd agree that unrestrained democracy is also a danger, right?

 

[EdwardBaiamonte]

It is not going to be a state run economy.

sure it is you need a lib nazi fascist state to determine how many car companies to have for example, what colors the cars will be; what requirements for quality safety etc..

 

[EdwardBaiamonte]

Huh? What's not going to be? How do you see capital getting distributed under socialism?

of course a libnazi govt would have to do it

 

[EdwardBaiamonte]

those involved with the production are also those that allocate the proceeds.

suppose they don't give enough of the proceeds to the investors advertisers capital equipment suppliers etc so they can keep the proceeds for themselves?