Capitalism. Good or Bad?

gretchen

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IWishIWasRich said:
Good if you have money.
To have money you need good genetics and good environment, things you don't choose.
Therefore money is luck.

To have money you need good karma or money- related karmas (ongoing stories, your own creations) or desire for money.

Money is alchemical. You create it according to karma/needs/wants.
 

Klaudia

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Dear Americans,
If you still don't know if capitalism is good or bad, come to where I live (central Europe) and ask the people who have tried both socialism/comunism in the past and capitalism now.
 

pboy

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its better than that for sure, but is it ideal? I think it can be...just the quality of peoples hearts has to go up. You see, theres a lot of mega corporations that operate as if they are the communist party or dictators, using the 'masses' as 'a market' and 'consumers' ...not realizing they are their neighbors and people, humans with emotions, and are part of the same community. That's why I say on paper capitalism is great but it only works if people are caring. The forefathers that made this system never anticipated, well actually they did, but it was created at a time where people were farmers and had moral values, it was a system created based on the population being that....moral. They did however leave plenty of warnings saying that the system could easily fall apart and be taken over, if people didn't constantly excersize their rights and keep check on each other, or if the population became immoral. Literally theres direct quotes about how it was made for a moral people. There would be no factory farms GMO's, chemical preservatives and waste products in food, pharma industry, massive pollution, all that, if people were moral. So yea, great system, with about 2/3 of people (being generous) as good still, but the others that have no morals wreck havoc upon the rest of us and theres not much that can be done currently other than spreading info and each individual voting with dollar, voting with their behavior and words

Im not complaining though, life here is...the options at least, although still an oppressive system, theres enough freedom and choices and options to where it is pretty magnificent, in the scheme of history. I just see how it could be way better even
 
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Klaudia said:
Dear Americans,
If you still don't know if capitalism is good or bad, come to where I live (central Europe) and ask the people who have tried both socialism/comunism* in the past and capitalism now.

*State capitalism
 

rdmayo21

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Sheik said:
Right over his head...

Fundamentally, to perceive is to know. It is fallacious to have omniscience as a requirement for a philosophy, since if you had omniscience, there would be no point in having a philosophy.

narouz said:
rdmayo21-

In your thinking
it would seem that you see government as the source of the problems?
For one thing, going back to your sadness over the tragedy of retirees
not being able to get a fair return on their investments...
am I right to understand that that tragedy lies at the feet of government,
in your view?

A large portion of the investments of retirees is fixed income, the yields of which are greatly influenced by the state of interest rates, which is greatly influenced by the policies of the Federal Reserve, which is an institution greatly influenced by government. So, yes, government is the problem.
 

tara

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Thanks US Democratic members for at least slightly slowing US capitalist imperialism in the form of the TPPA.
 

narouz

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rdmayo21 said:
A large portion of the investments of retirees is fixed income, the yields of which are greatly influenced by the state of interest rates, which is greatly influenced by the policies of the Federal Reserve, which is an institution greatly influenced by government. So, yes, government is the problem.

Okay.
But your idea--that non-tolerance of initiation of force--
is the only appropriate role of government...

So..government is the problem in your view.
But then it seems you see government as necessary,
to stop initiation of force.
That's it?
That is government's only appropriate role?
 

rdmayo21

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narouz said:
rdmayo21 said:
A large portion of the investments of retirees is fixed income, the yields of which are greatly influenced by the state of interest rates, which is greatly influenced by the policies of the Federal Reserve, which is an institution greatly influenced by government. So, yes, government is the problem.

Okay.
But your idea--that non-tolerance of initiation of force--
is the only appropriate role of government...

So..government is the problem in your view.
But then it seems you see government as necessary,
to stop initiation of force.
That's it?
That is government's only appropriate role?

Yes, the current government is committing the very crime that it should be protecting us against. It a result of the fact that the majority of society has accepted the idea that the initiation of force is OK in certain situations.
 

narouz

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rdmayo21 said:
Yes, the current government is committing the very crime that it should be protecting us against. It a result of the fact that the majority of society has accepted the idea that the initiation of force is OK in certain situations.

Hmmm,
rdmayo21...

...it's shaping up a whole helluva lot like Libertarianism to me... :roll:
The anti-Federal Reserve is boilerplate, ya know....
 

rdmayo21

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narouz said:
rdmayo21 said:
Yes, the current government is committing the very crime that it should be protecting us against. It a result of the fact that the majority of society has accepted the idea that the initiation of force is OK in certain situations.

Hmmm,
rdmayo21...

...it's shaping up a whole helluva lot like Libertarianism to me... :roll:
The anti-Federal Reserve is boilerplate too.

Hmmm,
Narouz...

...it appears everything I've said has gone in one ear and out the other. I said libertarianism has no philosophical fundamentals, especially a rational code of ethics. It appears we have come full circle. I guess we're done here.
 

narouz

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rdmayo21 said:
narouz said:
rdmayo21 said:
Yes, the current government is committing the very crime that it should be protecting us against. It a result of the fact that the majority of society has accepted the idea that the initiation of force is OK in certain situations.

Hmmm,
rdmayo21...

...it's shaping up a whole helluva lot like Libertarianism to me... :roll:
The anti-Federal Reserve is boilerplate too.

Hmmm,
Narouz...

...it appears everything I've said has gone in one ear and out the other. I said libertarianism has no philosophical fundamentals, especially a rational code of ethics. It appears we have come full circle. I guess we're done here.

Just as it was getting interesting.... :cry:
 

rdmayo21

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halken said:


Dr. Maté had some interesting points. To contrast, here's a good speech given by a psychotherapist about the connection between self-esteem and capitalism:

 
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narouz

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rdmayo21 said:
...here's a good speech given by a psychotherapist about the connection between self-esteem and capitalism:


Just to clarify, the video is titled "On Self-Esteem and Libertarianism."
 
Last edited by a moderator:

SaltGirl

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Oct 18, 2013
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Nathaniel Branden was an associate and romantic partner of Ayn Rand so I see where he comes from.

However, as is the problem with Objectivism, it is very ethnocentric, bigoted, and overall a bad system(it's optimal if you are a white heterosexual cismale). It's as if people just needed a belief system to justify their bad behaviour and Rayn Rand delivered like Moses from the mountain. Doesn't change the fact that I consider Objectivists to be almost inherently bad people at heart. If you need to justify your actions with pseudophilosophy then it is time to review your own life choices.

There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.

- John Rogers
 

rdmayo21

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SaltGirl said:
Nathaniel Branden was an associate and romantic partner of Ayn Rand so I see where he comes from.

However, as is the problem with Objectivism, it is very ethnocentric, bigoted, and overall a bad system(it's optimal if you are a white heterosexual cismale). It's as if people just needed a belief system to justify their bad behaviour and Rayn Rand delivered like Moses from the mountain. Doesn't change the fact that I consider Objectivists to be almost inherently bad people at heart. If you need to justify your actions with pseudophilosophy then it is time to review your own life choices.

There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.

- John Rogers

Sigh, there's not one single argument in your post.
 

narouz

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Jul 22, 2012
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The CEO's of all the U.S. financial companies triggering the Great Recession...
I bet to a person they all had awesome self-esteem.
They esteemed themselves very very very much!
Their self-esteem had no limits.
It would've been much better for all the rest of us if their self-esteem
and their businesses had been more tightly regulated,
under penalty of initiation of force, by the government, to put their asses in jail.

Donald Trump has unbelievable self-esteem.

You're Fired!
 

frankfranks

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May 15, 2015
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"Capitalism" is a term invented by Karl Marx to describe from his point of view the particular pattern of industrialization he witnessed in mid 19th century Britain. Outside of that specific context it's a rather useless term that should be avoided. In every human society ever anywhere people form agreements and pool resources (capital) to pursue greater returns and efficiency. Trying to affix an "-ism" to what amounts to inevitable, natural human behavior like that is goofy.

If you want to talk about "Anglo-American style corporate enterprises" then OK, that's specific enough there's something to grab hold of. But I have no idea what we're talking about when the term "capitalism" is bandied about. Right from the get-go we're playing into an explicitly communist frame.
 
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