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The problem with capitalism The problem with capitalism

11-20-2008 , 10:57 AM
Quote:
Originally Posted by tomdemaine
No, they wouldn't have a nicely packaged infrastructure of power and control ready and waiting to be corrupted.
This is true. Which is why we must be vigilant in participating in our govt. Because it's also a nicely packaged infrastructure of power and control ready and waiting to protect our freedoms. Its centralized power is corruptable, but also accountable to the people -- all the people -- regardless of their race, income, gender, religion, etc. Something no private institution is.
11-20-2008 , 10:58 AM
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Originally Posted by Nologo
If we privatized forests, the owners would have a direct incentive to use the resources at a manageable pace and replenish them, not use them excessively.

Think about this: How many cows do people consume each year?
How many whales do people consume each year?
Which one of these is in danger of extinction?
it is also worth noting that this capatilism without interference by government is unsustainable, in this case as regards cows. people eat way too many cows, it is really bad for the environment because it takes up space, the cows poops that pollute rivers and it is very energy intensive, oh and also uses up a lot of water and our water resources in the world are diminsihing. that would also be pretty bad if because of capatalisism without direction from society, we used up all of our water resources.

Water. When the production of food and fiber degrades the natural resource base, the ability of future generations to produce and flourish decreases. The decline of ancient civilizations in Mesopotamia, the Mediterranean region, Pre-Columbian southwest U.S. and Central America is believed to have been strongly influenced by natural resource degradation from non-sustainable farming and forestry practices. Water is the principal resource that has helped agriculture and society to prosper, and it has been a major limiting factor when mismanaged.
http://www.sarep.ucdavis.edu/Concept.htm
11-20-2008 , 11:01 AM
Quote:
Originally Posted by Money2Burn
On the surface I agree with the last part of this, but then I realize that government always consolidates power reguardless of how it's formed, probably because of the monopoly on violence aspect of it. I don't think there is a form of sustainable government that would accomplish these ends.
but governemnt is just one form in which a monopoly power can emerge. a few people with a lot of money also has a lot of power and will consolidate and use it. it doesn't happen in the US so much because the government is strong, but in other countries where the government is less storng, private interests with a lot of money manage the country, use their money to stage coups, etc. Government, or powerful business interests (formed with unfettered capatilism) - same thing
11-20-2008 , 11:01 AM
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Originally Posted by ctyri
Its centralized power is corruptable, but also accountable to the people -- all the people -- regardless of their race, income, gender, religion, etc.
No it isn't.

Quote:
Something no private institution is.
Yes they are.
11-20-2008 , 11:06 AM
"When you say something like "(Capitalism) has no regard for limited resources or the collective good" you let everyone know right away you are totally uninformed.

Do you care if the companies you purchase goods from serve the collective good? If so, then capitalism cares--at least to SOME extent--about the public good. Hell, I care about the collective good and I'm apparently some immoral capitalist."

What if people are very self interested, and don't care if the companies they buy goods from are good for humanity as a whole? Let's say i'm more focused with having a nice life the next couple of years, about eating a good dinner and for that i will buy cheaper oil that polutes the entire world than more expensive clean energy. what if basic human nature is inherently flawed, and when we have the power (as humans do now like never before), we destroy ourselves? then unregulated capatilsim could be a big problem.
11-20-2008 , 11:13 AM
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Originally Posted by TheGrifter
Capitalism is an economic system in which the means of production are controlled by private individuals and corporations.
How was Fuedelism not capatilism?
11-20-2008 , 11:25 AM
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Originally Posted by theBruiser500
What if people are very self interested, and don't care if the companies they buy goods from are good for humanity as a whole? Let's say i'm more focused with having a nice life the next couple of years, about eating a good dinner and for that i will buy cheaper oil that polutes the entire world than more expensive clean energy. what if basic human nature is inherently flawed, and when we have the power (as humans do now like never before), we destroy ourselves? then unregulated capatilsim could be a big problem.
What if gorillas learn to use machine guns and take over central Africa? then not killing all the gorillas could be a big problem.
11-20-2008 , 11:28 AM
i dont unerstand what is your point
11-20-2008 , 11:32 AM
Quote:
Originally Posted by ctyri
Great, sit back 100 years, you wise devil. Enjoy the monies when you're 145.
Umm, this is a hypotheitcal about logging. The contention is that a company will exploit forests at an unsustainable rate, causing forests to rapidly be diminished and not be regrown. If it takes 100 years for a company to log all of its land at this "unsustainable rate", then consider me unimpressed. Vast parts of the US were logged at a rate much much faster than that in the 19th century. Guess what? The forests grew back.

This whole logging analogy is totally absurd. There are tons of major, private timber plantations around the country and world. According to this argument, they would have totally destroyed themselves if not for government regulation.

Thank God farmers have government to keep them from salting their own land.
11-20-2008 , 11:36 AM
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Originally Posted by T50_Omaha8
Umm, this is a hypotheitcal about logging. The contention is that a company will exploit forests at an unsustainable rate, causing forests to rapidly be diminished and not be regrown. If it takes 100 years for a company to log all of its land at this "unsustainable rate", then consider me unimpressed. Vast parts of the US were logged at a rate much much faster than that in the 19th century. Guess what? The forests grew back.

This whole logging analogy is totally absurd. There are tons of major, private timber plantations around the country and world. According to this argument, they would have totally destroyed themselves if not for government regulation.

Thank God farmers have government to keep them from salting their own land.
in the 19th century , the US was very rich in resources and underpopulated. what happens in an overpopulated world... and don't forget that some places of the world aren't as easy for people to live in as the US... in many places of the world it is a constant struggle to survive and they have to make efficient use of everything they have.
11-20-2008 , 11:51 AM
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Originally Posted by TheGrifter
I disagree. There will always be players who maximize long term profit and players who maximize short term profit. Without regulation the short term players would be own the market by offering lower prices on a given commodity. Abuses by corporations do not heavily affect consumer demand. The public is either ill-informed or apathetic when it comes to any issue other than price. Consumer will for responsible business will never supercede the profit maxim unless there is a major shift in consumer consciousness.
The bolded statements are either meaningless, speculative, or unsupported.


I'm glad 2p2 has reached an era where you can't just go around spouting whatever arguments sound reasonable without offering a shred of evidence.

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WTF are you talking about? Reading comprehension FTW.
You seem to have two arguments for how capitalism is destroying the working class: productivity gains and offshoring. productivity gains are fundamental to a division of labor and working class as a whole, and the latter is simply distributing the wealth globally (http://en.wikipedia.org/wiki/Newly_i...alized_country).
11-20-2008 , 12:02 PM
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Originally Posted by theBruiser500
in the 19th century , the US was very rich in resources and underpopulated. what happens in an overpopulated world... and don't forget that some places of the world aren't as easy for people to live in as the US... in many places of the world it is a constant struggle to survive and they have to make efficient use of everything they have.
And this relates to capitalism and logging how?

There are examples of countries that have totally depleted their timber resources--Haiti is probably the best example. Unfortunately for you, it's not a great example of a capitalist society.
11-20-2008 , 12:18 PM
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Originally Posted by TheGrifter
Cattle has been domesticated in some form since 10,000 BC. Care to rethink that statement?
So have trees.
11-20-2008 , 01:33 PM
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Originally Posted by RollinHand
[x] I came
11-20-2008 , 01:35 PM
We live in a world of finite resources that have an infinite number of possible uses. We, as a people, must somehow allocate these resources most efficiently to those who will best use them to benefit us all. Free markets, everywhere and always, will achieve this desired result better than any other possible mechanism. We all gain when markets are freed.
11-20-2008 , 01:51 PM
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Originally Posted by ctyri
People here are all giving capitalism the credit for "saving" the cow, buffalo, etc. Ignoring the fact that the primary driver for their extinction (if they ever faced it) was (or would be) capitalism. Anarchosocialist society was doing quite well on North America with no private land ownership for 1000s of years with millions of wild buffalo roaming non-privatized lands. When the worshippers of private property arrived and moved west, the buffalo went nearly extinct. And we are to give these capitalists the credit for "saving" the buffalo in N. America. Okay.
what was the life expectancy and quality of life for this anarchosocialist society you are talking about?
11-20-2008 , 02:06 PM
This is what happens when you learn what free market capitalism is from socialists/marxists.

Put down your chomsky book and pick up "naked economics".
11-20-2008 , 02:14 PM
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Originally Posted by MyTurn2Raise
what was the life expectancy and quality of life for this anarchosocialist society you are talking about?
According to be the bible it was 900+ years.
11-20-2008 , 02:17 PM
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Originally Posted by jogsxyz
According to be the bible it was 900+ years.
case closed... let's go back to anarchosocialism
11-20-2008 , 02:19 PM
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Originally Posted by TheGrifter
Care to offer some support for your position?
because consumers in the capitalist system weigh many factors when making their trading decisions

How many people refuse to buy products from certain companies due to where the clothes are made, the working conditions, etc?

This happens over and over

How many Americans buy American?

Why do people buy the Prius?

the list goes on and on
11-20-2008 , 03:12 PM
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Originally Posted by MyTurn2Raise
because consumers in the capitalist system weigh many factors when making their trading decisions

How many people refuse to buy products from certain companies due to where the clothes are made, the working conditions, etc?
That's my point. A very, very, very, small percentage.
11-20-2008 , 03:13 PM
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Originally Posted by STA654
This is what happens when you learn what free market capitalism is from socialists/marxists.

Put down your chomsky book and pick up "naked economics".
I'm arguing one side now, I was going to argue the other side but Boro did it for me. The next step is finding a solution. AC is not the solution (this is my opinion, I'm allowed to have one).
11-20-2008 , 03:15 PM
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Originally Posted by TheGrifter
The next step is finding a solution.
And then impose it on everyone and kill them if they resist.

I.e. the state. Wahoo! What a solution!
11-20-2008 , 03:27 PM
Quote:
Originally Posted by Borodog
And then impose it on everyone and kill them if they resist.

I.e. the state. Wahoo! What a solution!
No, don't kill them. That's a bit harsh. If someone refuses to either follow the house rules or leave the premises, the punishment should fit the crime.
11-20-2008 , 03:33 PM
Good lord, OP, just read Wealth of Nations which will tell you why you're wrong etc.

      
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