What is "Unfettered Capitalism"?

[bripat9643]

It's total bullshit. That's the kind of shallow propaganda that all leftists believe because they're stupid and incredibly ignorant.

We have monopolies in America, now. The playing field has been made unlevel by banks and institutions too big to fail, in case you didn't catch that about seven years ago.

Gee, who allowed banks that were "too big to fail"?
Yup. Government. The anti capitalist part. If gov't werent meddling in banks they bad actors would have been self regulated out of existence.
Dont you get that part?

Government ALLOWING something is not government controlling something.

You're an idiot.

Government is the only thing preventing them from failing, numskull.

Banking was deregulated when Glass/Steagall was ended. DEREGULATED.

ROFL! so you repeal one regulation out of tens of thousands and that means they are "deregulated?"

You turds simply don't care what words actually mean, do you?

 

[NYcarbineer]

The only period of time that we have come close to unfettered capitalism was in the early part of 19th century before labor unions and government regulations, a time when the middle class hardly existed, a time when the wealthy controlled government, a time of little upward mobility, and a time when the rape of the environment was a source of pride. Unfettered capitalism spawns corruption. At its best, capitalism dramatically improves lives; at its worst, left unchecked, capitalism ravages the environment, oppresses individuals, and destroys culture.

Here's a clue for you: the middle class never existed of 5000 years of recorded history until capitalism created it. Numskulls like you point at the 19th century and say "things weren't as good back then as they are now!" No shit? Things are better now because of 200 years of improvements in technology and increase in capital per laborer. They aren't better because of government meddling in the economy. You see, over time, technology improves and people invest and accumulate capital. That process improves our material well being. Government only expropriates wealth. It doesn't create wealth.

I could go through your idiot propaganda point by point and destroy every one of them, but it's hardly worth the effort. The first claim was so idiotic that it should give the reader a good clue as to the quality of the rest.

In primitive cultures based on communal practices pretty much everyone was in the middle class.

Yeah, digging in the dirt for grubs to eat is a great middle class standard of living.

You know about ancient cultures. Your best bet would be to remain silent on that subject.

How do you figure? Do you actually believe your knowledge is superior to mine?

I know it is.

 

[bripat9643]

You want a recent example ?

Volkswagon. They actually programmed thier cars to cheat on emissions tests . Totally illegal , totally done on purpose.

They aren't getting away with it, are they?

The GOVERNMENT is not letting them get away with it. In yours and Rabbi's world, there wouldn't even be an anti-pollution mandate in the first place.

That's irrelevant. Timmy said corporations get away with breaking the law. We're still waiting for an example.

 

[NYcarbineer]

We have monopolies in America, now. The playing field has been made unlevel by banks and institutions too big to fail, in case you didn't catch that about seven years ago.

Gee, who allowed banks that were "too big to fail"?
Yup. Government. The anti capitalist part. If gov't werent meddling in banks they bad actors would have been self regulated out of existence.
Dont you get that part?

Government ALLOWING something is not government controlling something.

You're an idiot.

Government is the only thing preventing them from failing, numskull.

Banking was deregulated when Glass/Steagall was ended. DEREGULATED.

ROFL! so you repeal one regulation out of tens of thousands and that means they are "deregulated?"

You turds simply don't care what words actually mean, do you?

There would be no regulations on banks if you had your way.

No laws against child pornography either.

 

[bripat9643]

Here's a clue for you: the middle class never existed of 5000 years of recorded history until capitalism created it. Numskulls like you point at the 19th century and say "things weren't as good back then as they are now!" No shit? Things are better now because of 200 years of improvements in technology and increase in capital per laborer. They aren't better because of government meddling in the economy. You see, over time, technology improves and people invest and accumulate capital. That process improves our material well being. Government only expropriates wealth. It doesn't create wealth.

I could go through your idiot propaganda point by point and destroy every one of them, but it's hardly worth the effort. The first claim was so idiotic that it should give the reader a good clue as to the quality of the rest.

In primitive cultures based on communal practices pretty much everyone was in the middle class.

Yeah, digging in the dirt for grubs to eat is a great middle class standard of living.

You know about ancient cultures. Your best bet would be to remain silent on that subject.

How do you figure? Do you actually believe your knowledge is superior to mine?

I know it is.

Prove it, asshole.

 

[bripat9643]

Gee, who allowed banks that were "too big to fail"?
Yup. Government. The anti capitalist part. If gov't werent meddling in banks they bad actors would have been self regulated out of existence.
Dont you get that part?

Government ALLOWING something is not government controlling something.

You're an idiot.

Government is the only thing preventing them from failing, numskull.

Banking was deregulated when Glass/Steagall was ended. DEREGULATED.

ROFL! so you repeal one regulation out of tens of thousands and that means they are "deregulated?"

You turds simply don't care what words actually mean, do you?

There would be no regulations on banks if you had your way.

No laws against child pornography either.

You're deflecting. Provide an example of a corporation getting away with breaking the law or shut the fuck up.

 

[NYcarbineer]

You want a recent example ?

Volkswagon. They actually programmed thier cars to cheat on emissions tests . Totally illegal , totally done on purpose.

They aren't getting away with it, are they?

The GOVERNMENT is not letting them get away with it. In yours and Rabbi's world, there wouldn't even be an anti-pollution mandate in the first place.

That's irrelevant. Timmy said corporations get away with breaking the law. We're still waiting for an example.

It's not irrelevant, it's the topic of the thread. Rabbi wants businesses to be above the law, period. You're an anarchist, period.

 

[Timmy]

You want a recent example ?

Volkswagon. They actually programmed thier cars to cheat on emissions tests . Totally illegal , totally done on purpose.

They aren't getting away with it, are they?

Sure they will . No one is going to jail. It's striaght up fraud . The only reason they got busted is cause some prof decided to do real tests .

Shit , if u or me poured used motor oil into the sewer we'd face criminal charges .

 

[NYcarbineer]

In primitive cultures based on communal practices pretty much everyone was in the middle class.

Yeah, digging in the dirt for grubs to eat is a great middle class standard of living.

You know about ancient cultures. Your best bet would be to remain silent on that subject.

How do you figure? Do you actually believe your knowledge is superior to mine?

I know it is.

Prove it, asshole.

Read all of my posts.

 

[Iceweasel]

Bankers also aren't free to KILL and ENSLAVE people in the absence of government regulations to force them to make subprime loans to people who can't afford to repay them.

No no, they were unfettered and made them sign at gun point. It was predatory lending, just like McDonald's practices predatory food consumption with their irresistible offerings.

 

[MisterBeale]

You want a recent example ?

Volkswagon. They actually programmed thier cars to cheat on emissions tests . Totally illegal , totally done on purpose.

They aren't getting away with it, are they?

The GOVERNMENT is not letting them get away with it. In yours and Rabbi's world, there wouldn't even be an anti-pollution mandate in the first place.

In their world, it wouldn't be necessary.

If you were in their world, you could bring a suit for damages caused by pollution. As it is, right now, the government protects companies that damage the environment with pollution. You aren't ALLOWED to take them to court for environmental or health damages.

The free market is NOT ALLOWED to operate.

In their world, there would probably be a lot less pollution. You can thank your government controlled and "too big to fail" cronyism world for the world you have created.

 

[Iceweasel]

You want a recent example ?

Volkswagon. They actually programmed thier cars to cheat on emissions tests . Totally illegal , totally done on purpose.

They aren't getting away with it, are they?

Sure they will . No one is going to jail. It's striaght up fraud . The only reason they got busted is cause some prof decided to do real tests .

Shit , if u or me poured used motor oil into the sewer we'd face criminal charges .

That works against you. A small business would be fucked. Big business can make deals with government. That isn't free market capitalism, it's cronyism.

 

[MisterBeale]

Bankers also aren't free to KILL and ENSLAVE people in the absence of government regulations to force them to make subprime loans to people who can't afford to repay them.

No no, they were unfettered and made them sign at gun point. It was predatory lending, just like McDonald's practices predatory food consumption with their irresistible offerings.

I think all McDonald's locations should be zoned in industrial districts so I don't have to smell them. It took me to well into my thirties to kick the occasional fry and coke run. All because of that damn smell.

 

[Timmy]

You want a recent example ?

Volkswagon. They actually programmed thier cars to cheat on emissions tests . Totally illegal , totally done on purpose.

They aren't getting away with it, are they?

The GOVERNMENT is not letting them get away with it. In yours and Rabbi's world, there wouldn't even be an anti-pollution mandate in the first place.

In their world, it wouldn't be necessary.

If you were in their world, you could bring a suit for damages caused by pollution. As it is, right now, the government protects companies that damage the environment with pollution. You aren't ALLOWED to take them to court for environmental or health damages.

The free market is NOT ALLOWED to operate.

In their world, there would probably be a lot less pollution. You can thank your government controlled and "too big to fail" cronyism world for the world you have created.

Oh please . Before the EPA cOmpanies destroyed our natural resources .

As a kid I remember not being able to go into the water at the beach because of all the pollution . We needed a whole agency to change things .

When was the last time you heard about LA smog ?

 

[Iceweasel]

Bankers also aren't free to KILL and ENSLAVE people in the absence of government regulations to force them to make subprime loans to people who can't afford to repay them.

No no, they were unfettered and made them sign at gun point. It was predatory lending, just like McDonald's practices predatory food consumption with their irresistible offerings.

I think all McDonald's locations should be zoned in industrial districts so I don't have to smell them. It took me to well into my thirties to kick the occasional fry and coke run. All because of that damn smell.

If I haven't done it in a long while it smells appealing. After I indulge I feel like shit and the smell has the opposite effect for a few months.

 

[MisterBeale]

You want a recent example ?

Volkswagon. They actually programmed thier cars to cheat on emissions tests . Totally illegal , totally done on purpose.

They aren't getting away with it, are they?

The GOVERNMENT is not letting them get away with it. In yours and Rabbi's world, there wouldn't even be an anti-pollution mandate in the first place.

That's irrelevant. Timmy said corporations get away with breaking the law. We're still waiting for an example.

It's not irrelevant, it's the topic of the thread. Rabbi wants businesses to be above the law, period. You're an anarchist, period.

So, you throw out the fact that he may or my not be an "anarchist" like it is an indictment.

What is this, the 1950's? I thought Americans learned their lesson.

 

[Wry Catcher]

Capitolism unchecked will destroy itself .

How can capitalism work in anarchy?

Street corner drug sales.

You're digging a hole. Anarchy isn't the same as capitalism no matter how badly you want it.

I'm beginning to think you really are stupid. Caveat Emptor IS unfettered Capitalism. And BTW, you ignored...my previous post ...

Capitalism is a self regulating system. Charge too much, someone will undercut you. Deliver bad goods/services? People will stop buying. Cheat someone? Expect a big lawsuit.
The problems that people cite with "capitalism" usually are the result of lack of capitalism, i.e. gov't intrusion.
Capitalism has raised standards of living and brought people out of poverty. Why would anyone want to fetter that?

Enron, the Oil Cartel, Exxon, Bernie Madoff, Arthur Anderson, Lincoln Savings and loan, Worldcom, Tyco ... shall I go on?

All examples of Corporate CRONYISM, not Capitalism. Regulatory capture is the hallmark of such cronyism.

Really, a little reading of actual history and some serious reflection upon such in a Safe Space would do you a World of Good.

You sure like to make stuff up. All are examples of what happens when those who are charged with regulating capitalism and enforcing the law don't, and those who violate their fiduciary duties act in self interest.

 

[MisterBeale]

How long do you think Volkswagen would stay in business if everyone concerned with global warming were allowed to take them to court for their misconduct and sue for damages?

 

[Iceweasel]

You're digging a hole. Anarchy isn't the same as capitalism no matter how badly you want it.

I'm beginning to think you really are stupid. Caveat Emptor IS unfettered Capitalism. And BTW, you ignored

Wrong, retardo. It means:

caveat emptor | law : the principle that a person who buys something is responsible for making sure that it is in good condition, works properly, etc.
law : the principle that a person who buys something is responsible for making sure that it is in good condition, works properly, etc.

 

[Timmy]

How long do you think Volkswagen would stay in business if everyone concerned with global warming were allowed to take them to court for their misconduct and sue for damages?

No standing . They'd be thrown out of court .