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The Lie of Capitalism and Globalization
10652 cr points
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18 / F / Indonesia Raya
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Posted 2/3/10

classickxD wrote:



I would like to have the government control some of the business that affect people's lives, like basic food, living place, oil, etc(Public Business). While the other luxury business, like automotive, electronic goods, etc(Private Business) shouldn't have restrictions for doing it. The jobs could be created in many ways with government's regulations in Public Business.

I do think the concept of buy your own product, e.g. Buy America. is helping minor and major economic to rise by distributing money throughout different class and society in free market. It will works because the money would not being circulating in a single Game Stores, it's been distribute in millions of Game Stores.

I do believe in governments are being controlled by corporations since many elected president was a person from a party that received great funds from big companies, it might different if the elected president was coming from non-party. Although it might not make a great differences when he got money for campaign and promoting himself, that alone he absolutely have to use money. And large money would always come from corporations.



digs wrote:

I very much disagree with the OP. Capitalism produces prosperity, less government intervention is best and that has been proven. Monopolies may take over, but competition will always rise up. Capitalism, low taxes, and less government is the way to go


That might be true when everyone is rich, by buying another goods from another rich person, the mutual of economic principle will work, but in every society there is always poor people. And that's government's responsibility. But government is hopeless without its people, that's when they depends on tax to fulfill their responsibility to cut poverty. We would like to see the governments spend the tax to push major and minor economy rise without relying to subsidy anymore, however in reality the tax always being spending to rich people again. Wall Street destroys Main Street more than one.

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52 / F / Atlanta GA
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Posted 2/18/10
From what I have read, from this post, you people don't have a clue. Look at all the advancements made from the so called greedy. Electricity to gas thing that some people had the ambition to make for all to use. OH making money that's just so greedy. their so many people out there doing what it takes to make it. I bet most of you spend more time playing games then improving you quality of life. Complain all you want you still be a loser because you did not do anything but complain how life is unfair. Maybe you should try reading on how Hitler climbed to the top then look at the B.S. your putting out here. Politicians will blame anybody else but themselves and are really held accountable for what they have done. They feed off people and the dumber the people the easier it gets, for them. The progressive tax system is tanking are economy and job that have gone over seas are not yours to begun with. Companies need to make a profit or their stockholder are going to leave them, if they do not. Look at the states with the highest tax rate and look at all the money and jobs leaving. Taxing companies your just shooting yourself, all their going to do is add it on to the coast of the product. Having a open mind might let some new ideals to come through. The Global Economy is going to happen you might as well try to stop time from moving forward.
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22 / M / Britannia
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Posted 3/9/10
The rise of capitalism and globalization has done more harm than. Sure some individuals have risen by garnering wealth, but this leads to jealousy and greed. This is how so many wars start, as everyone tries to be more powerful, this is all supportesd by capitalism. globalization is where the econmies of the world become more closely integrated. But this is a sham, all thats happening is that the economy of every nation is under the power of the more larger economies. e.g America, whos economy is about 3 times larger than the next largest economy China. capitalism is the cause for the vast differences in welath between indivuals. people slowlty become self-centered. Even those who donate to charity etc have unltierior motives. More than goverment policy and ideals, capitalism is practically a religion as many worship it in order to rise. its god is whoever the richest or holds the most political power. It is violent for they look upon all those who do not fall until its influence suspicioulsy. Take a look at the korean and vietnam wars as well as all the conflict that have risen between capitalism against nearly every other form of government. Capitalism is a western ideal, a young ideal that has only begun in the past few centuries. Europeans, who believe themselves to be the greatest people do not care for the beliefs of others and try to force people to see the world as they do. Hence imperialsim around the worlsd, e.g Africa.
rather, the people pof the world should look towards the east, where civiliaization is older and cultuered.
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22 / M / Mammago Garage, Y...
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Posted 3/10/10

digs wrote:

I very much disagree with the OP. Capitalism produces prosperity, less government intervention is best and that has been proven. Monopolies may take over, but competition will always rise up. Capitalism, low taxes, and less government is the way to go


As the OP and history have demonstrated, those things only wok well when humans are perfectly rational and cooperative beings, which is far from the truth. You say that this has been proven, yet I can't think of a single example in history (or today) in which a completely unrestricted capitalist economy did not lead to a small, elite rich class with all of the power and a large, extremely poor lower class with little or no power. Unrestrained capitalism is essentially no different that extremely strict communism. One produces wealthy, tyrannical corporations while the other produces a wealthy, tyrannical government, and both scenarios cause the masses to become poverty-stricken and powerless. Which is why, as the OP said and history has demonstrated, mixed economies work the best, depending on exactly what elements are mixed, which is where human perception starts getting in the way and leads to stagnation.
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