What is the goal of capitalism?

[Rigby5]

Sounds awful!
You're still not forced.

Capitalism always resorts to force, if allowed.
It always extorts, creates monopolies, destroys alternatives, etc.
Capitalism is the opposite of the inherent social order humans are born with.

 

[TruthNotBS]

Sounds awful!
You're still not forced.

It is even though it's not a direct act of violence, where an employer has a gun to your head, the conditions created by their actions lead to people being forced to rely on capitalists who pay crap wages and are unregulated by the government. But all of this is going to end in the not-too-distant future, thanks to advanced automation and artificial intelligence.

 

[Toddsterpatriot]

Practically all of the experts disagree with you. I already mentioned several of them with studies and data. Deregulation often leads to capitalist misconduct which then results in an economic crisis that the government has to resolve with public funds. The big-money capitalists privatize profits and make their losses public. Socialism is constantly saving capitalism from itself.

All your "experts" said the government fuckups aren't solely responsible.

When I say, "Solely? Hardly".

That's me agreeing that the government fuckups aren't solely responsible.

Deregulation often leads to capitalist misconduct which then results in an economic crisis that the government has to resolve with public funds.

Stupid regulations often lead to capitalist misconduct which then results in an economic crisis that the government has to resolve with public funds.

 

[Toddsterpatriot]

Capitalism always resorts to force, is allowed.
It always extorts, creates monopolies, destroys alternatives, etc.
Capitalism is the opposite of the inherent social order humans are born with.

Who forced you to type that?

 

[progressive hunter]

I disagree.
Without strict regulation, capitalism, (the profit motive), has always resulted on slavery, murder, theft, dictatorships, invasion, imperialism, colonialism, etc.

once again someone ignores the different types of capitalism,,

free market verses crony or government controlled,,


some people devolve into the later types but not everyone,,,

 

[Toddsterpatriot]

It is even though it's not a direct act of violence, where an employer has a gun to your head, the conditions created by their actions lead to people being forced to rely on capitalists who pay crap wages and are unregulated by the government. But all of this is going to end in the not-too-distant future, thanks to advanced automation and artificial intelligence.

You're free to work for a communist employer who pays great wages and is heavily regulated.

If you can find one.

 

[TruthNotBS]

All your "experts" said the government fuckups aren't solely responsible.

When I say, "Solely? Hardly".

That's me agreeing that the government fuckups aren't solely responsible.

Deregulation often leads to capitalist misconduct which then results in an economic crisis that the government has to resolve with public funds.

Stupid regulations often lead to capitalist misconduct which then results in an economic crisis that the government has to resolve with public funds.

What regulations are those?

 

[TruthNotBS]

You're free to work for a communist employer who pays great wages and is heavily regulated.

If you can find one.

There won't be any capitalists when production is automated. But anyways, the point is that capitalists create horrible conditions that lead to less rights, options and freedom for workers.

 

[Rigby5]

Cooperation and competition are both human traits.
My take is competition should be as in "game competition". You compete to get better at a sport or a craft. But getting into life-or-death situations for the sake of competition is a no-go zone for me.
- letting people starve to death
- letting people die without healthcare

Competition is natural, but only to a very slight degree with it comes to spouses.
Otherwise human, (and all primates), have so much inherent empathy, that they will self sacrifice for the good of others.
For example, with lifeboats, women and children first.

 

[Toddsterpatriot]

What regulations are those?

CRA and Fannie & Freddie subprime mandates, in this case.

 

[Toddsterpatriot]

There won't be any capitalists when production is automated. But anyways, the point is that capitalists create horrible conditions that lead to less rights, options and freedom for workers.

 

[otto105]

Second, college costs have increased as state governments decreased funding for them.

Costs have increased despite unlimited piles of federal money?

Define unlimited.

 

[Toddsterpatriot]

Define unlimited.

Couple of trillion, lately.

 

[TruthNotBS]

CRA and Fannie & Freddie subprime mandates, in this case.

The claim that the Community Reinvestment Act (CRA) and mandates imposed on Fannie Mae and Freddie Mac caused the 2008 financial crisis is not supported by a comprehensive analysis of the events leading up to the crisis. It is important to note that the causes of the crisis were complex and multifaceted, involving various actors and factors within the housing market and financial system. While it is true that the CRA and certain government policies played a role, attributing the entire crisis to these factors is an oversimplification.

If capitalism is left to itself, it creates extreme, gross inequality, leading to social unrest and a collapse of the system. That's why even Milton Friedman was for giving the poor a monthly income or "reverse tax". Without the government bailing out the capitalists, by subsidizing their businesses in one way or another, capitalism collapses.

 

[TruthNotBS]

What are you yawning about? You shut down and start yawning when one reminds you of the inevitable fate of capitalism, as a result of advanced automation and its obvious replacement, namely, socialism (non-profit production).

 

[otto105]

Couple of trillion, lately.

Hilarious

 

[Rigby5]

Who forced you to type that?

This has nothing to do with profit, so it is not capitalist.
People post here because they are socialist, and want to make society better, at the sacrifice of their time.

 

[Toddsterpatriot]

The claim that the Community Reinvestment Act (CRA) and mandates imposed on Fannie Mae and Freddie Mac caused the 2008 financial crisis is not supported by a comprehensive analysis of the events leading up to the crisis. It is important to note that the causes of the crisis were complex and multifaceted, involving various actors and factors within the housing market and financial system. While it is true that the CRA and certain government policies played a role, attributing the entire crisis to these factors is an oversimplification.

If capitalism is left to itself, it creates extreme, gross inequality, leading to social unrest and a collapse of the system. That's why even Milton Friedman was for giving the poor a monthly income or "reverse tax". Without the government bailing out the capitalists, by subsidizing their businesses in one way or another, capitalism collapses.

The claim that the Community Reinvestment Act (CRA) and mandates imposed on Fannie Mae and Freddie Mac caused the 2008 financial crisis is not supported by a comprehensive analysis of the events leading up to the crisis.

Solely? Hardly.

 

[Toddsterpatriot]

What are you yawning about? You shut down and start yawning when one reminds you of the inevitable fate of capitalism, as a result of advanced automation and its obvious replacement, namely, socialism (non-profit production).

Commies make me tired. I thought we were going to sell them the rope.
Then Reagan kicked them onto the ash heap of history.
Now they're tired losers.

 

[Toddsterpatriot]

This has nothing to do with profit, so it is not capitalist.
People post here because they are socialist, and want to make society better, at the sacrifice of their time.

The capitalists allowed you to do something that didn't make them a profit?

Outrageous!!!