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Capitalism: Development of a strong nation or the crippling of another?
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26 / M / back in cr
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Posted 1/25/08 , edited 1/25/08
Its seems now in our day and age(america) people wonder most about the current credit crsis affecting the banks that indirectly affects business since afterall capitalism is capitalism. Now although the senate has been in the works for a plan that would send much needed cash flow to the middle class, all this does is temporarily hold off the oncoming recession and is only a short term fix for our current problems. The question we need to ask ourselves before trying to fix this is "where are the jobs going?" With today's shrinking job postions not to mention pessimistic talk about our failing economy, we forget that capitalism does not play favorites. Ever since capitalism was around people have forgotten that in order to succed they must exploit resources to obtain wealth (someone must be poor and miserable at the end of the day) it just so happens that we may have enjoyed our fair share of the wealth.
facts to support these are
china: Ever heard of china's me-generation? (a sortof copy cat of of america's lavish life style) with the new ever-growing middle class in china their government has opted to lessen the role they play and back off in the wake of thier ever-increasing prosperity, china has decided to try and keep the citizens under control by keeping them happy (this only means a slight benifit for the middle).
at th other end of this table is.
jamaica: After recieving thier independance jamaica decided to barrow cash from the world bank to help out its past finacial troubles. the plan was to use the money to help the industry of the island, but something went wrong and jamaica now imports most of the food they feed thier families with and increse the debt of their nation; this is all simpliy due to the fact that jamacian good cannot compete against the price of american food, both in price and quanity. Due to the world bank not only does jamaica have to compete against american good but also against a civil war and over inflation, thats right jamaica is ripe for up rising and their money is useless.
Its not fair, but hey its capitalism
my question to you is how do you feel about capitalism? it is after all the reason most of us have the money to go out and do what we want to do (well most of us)
also i might have skiped a few fact so filling it up would be great
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37 / F / Fort Meade, MD
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Posted 1/25/08
I absolutely LOVE capitolism.... however, i love FREE MARKET capitolism, not the government regulated socialistic version the US has...

But then again, i'm an objectivist... you're only as good as the amount you can produce.

Read up on Ayn Rand.. you might find that interesting
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27 / F / Look behind you.
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Posted 1/25/08
Capitalism is great. For example, it generates innovation for products and services, which I always take for granted now that I think about it...

Plus, I'm a hard working person who is willing to take a risk, just as my father is. A capitalist society rewards those types of people.

When it comes down to it, money makes the world go round.

And no offense djcatmix, but paragraphs are a wonderful thing. Use them. I couldn't commit myself to reading more than a few lines because it's a pet peeve of mine.
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Posted 1/25/08
I believe in social/economic darwinism so my answer is very much narrowed...
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32 / M / Istanbul
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Posted 1/26/08
North America has 8% of the world's population, consumes 1/3 of the world's resources... sounds fair doesnt it?!

Sure you love capitalism...
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29 / M / New York
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Posted 1/26/08

batnim wrote:

I believe in social/economic darwinism so my answer is very much narrowed...


Agreed. I can sympathize with those who can't make it, but helping them actually perpetuates the problem in many cases, leading to more generations suffering. We can't solve the world's problems; we need to focus on our own. If we are to be stopped, it is up to other countries to take action against us. The bit of self-regulation we do have is a farce anyway.

Of course, within the capitalist structure itself is a substantial amount of "losers," but you'll find this in any society to varying degrees.

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25 / F / USA
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Posted 1/28/08
In theory, capitalism is great. Well, for the lower class people who make up the majority in every society, not so much for the minimal elite or upper classes. It's also very money-based and practical. However, like democracy, capitalism doesn't usually work out so great in actuality, even if it seems like a reasonable and good government theory. There's always some flaws. But the overall premise of it is good.
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37 / F / Fort Meade, MD
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Posted 1/28/08 , edited 4/18/08

magnus102 wrote:


Dusterbayala wrote:

I absolutely LOVE capitolism.... however, i love FREE MARKET capitolism, not the government regulated socialistic version the US has...

But then again, i'm an objectivist... you're only as good as the amount you can produce.

Read up on Ayn Rand.. you might find that interesting


She had some good ideas but really come on. Do you not find her to be just a bastardized Nietzsche? Read him he is far superior to her. I read The Foutainhead as lad and liked it quite a bit (I suspect because it played to my egotism) and then read Atlas Shrugged. I read it later in a life and I thought it was awful. Rand is far far to cruel in my opinion. The way she views society is not how it truly works (my opinion). Who is John Galt? Who gives a flying fuck?


You totally missed the point of Atlas Shrugged then, if all you focused on was the rhetorical question "who is John Galt" Keep in mind the book was written in 1957 (well actually the twelve years prior to) The was she portrays society is what was happening in those times. Women were not able to take the jobs they wanted, and could do, People blindly followed the government. (as they still kind of do) She's portraying an IDEAL to the world, not as the world really is. She's showing HER PHILOSPHY in action. She's not saying that everything will follow this path if a, b, and c aren't followed. She's showing one possible outcome.
Look at the money makers of today.
Look at the laws that govern them.
Look at the amounts of money that the business owners of today have to pay, just to stay in business.

She adresses (in a round about way) illegal aliens working, she adresses poor people and WHY they STAY poor. She adresses the things that society doesn't want to see.

She shows the problems and the issues that corporations and companies face EVERYDAY!

How can you not see what she's saying?

Or, are you a socialist? If you're a socialist, or a Kant fan, i could see why you'd hate her.

However, if you like free market, and open trade, without governmental restrictions and less taxation, an less government involvement, then you'd like her ideas that she shows in her books.

The basic essence of her ideas is that people should rely on their own ability. If a person is unwilling or unable to succeed, it's not the governments place to step in and force the ones who CAN succeed to pay for those who are unwilling or incapable of success.
This is why i'm against welfare, and against almost every socialistic ideal that the US has, with one exception. I'm all for the socialist education. Everyone should be educated and given that chance to succeed. Which, IMO, i don't think that Ms. Rand is against.

I know that as a small girl, she witness the first shots of the Bolshevik revolution. I know that she taught herself to read. and i know she's against organized religion.
All of these things are a part of who she is, and why she believes the way she does.

You said you read the Fountainhead, good for you. I'm glad you read that, however, it's a very rough story that focuses more on the world according to Mr. Rourk. rather the the entire world. It's a good story. It shows that you should stand up for what you believe in and succeed by your own merit.

Atlas Shrugged takes that idea ten million steps further.
Dagny achieves because she's willing to fight for everything her grandfather believes in, which is why she was the last one to go to Galt's Gulch.
The oath they all swear in Galt's Gulch is a great oath that everyone should share.


I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.
Ayn Rand


She also has said:

The truth is not for all men, but only for those who seek it.
Ayn Rand


Are you seeking the truth? or are you faltering in self denial?

You compare her to Nietzsche, that's good, at least you know her roots, the basic concepts in which she took a step further.

Every modern philospher has roots in another philosopher's work.
Ms. Rand also got quite a bit of her philosophy fro Aristotle. Maybe you should read up on aristotle as well.
She doesn't bring her philosophy into existentialism, with one exception, she does say this, about the concept of man.

Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong.
Ayn Rand


Sources:
http://www.brainyquote.com/quotes/authors/a/ayn_rand.html
http://www.aynrand.org/site/PageServer?pagename=about_ayn_rand_aynrand_biography
http://www.objectivistcenter.org/cth--1211-Existentialism_and_Ayn_Rand.aspx
http://www.iep.utm.edu/r/rand.htm

So you can see for yourself, i'm not just pulling this out of my ass. I do happen to know quite a bit about Ayn Rand.
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33 / M / O CANADA!
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Posted 1/28/08 , edited 4/18/08
It doesn't matter. all systems are corrupt and will never be as good as it could.
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32 / F
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Posted 2/8/08 , edited 4/18/08
free market capitalism? Yea, who doesn't like smoke filled rooms? Oh right, anyone who isn't in the top 1% of the population in terms of wealth. Seriously, why do people not understand how dangerous corporate power is? Our government isn't even run by us, or our supposed representatives (save a few who actually have some moral fabric), it's run by huge corporations(don't tell me you think the amount of money spent on lobbyists and elections is actually reasonable). Just look back at US history since the civil war and behind the wars you will find some business interest that motivated the war to begin with, oh and of course the reason given to the public will just be some bs like " oh we're fighting for their freedom, to liberate the country from an oppressive regime, and you do think freedom is good right?" Then we'll of course set up a puppet government in the state that insures our business interests, at the expense of that country.
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24 / M / Maryland
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Posted 2/8/08 , edited 4/18/08
I hate capitalism. I would prefer a government that is similar to the Arabic nations though following the Christian religion. I think I'll call it...the Vatican.
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26 / M / Canada
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Posted 6/11/08
What I don't get is why some people say everyone has an equal opportunity in a capitalistic system. Apparently not, since there are how many billion people in the world living below America's poverty line? What some people don't see is the number of people that are being screwed over just so the few get what they want. Why are there tens of thousands of people dying every day from hunger when our supermarkets are horded with food? What of those African countries that are completely fucked over by international debt. It costs them billions just to pay the goddamn interest. What does free market globalization do for the farmers that can't provide for their own families? What of the sweatshops that make our clothes? There are people who work 20 hours a day for less than a dollar, and you say capitalism provides equal opportunity..
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Posted 6/11/08

froofroo123 wrote:

What I don't get is why some people say everyone has an equal opportunity in a capitalistic system. Apparently not, since there are how many billion people in the world living below America's poverty line? What some people don't see is the number of people that are being screwed over just so the few get what they want. Why are there tens of thousands of people dying every day from hunger when our supermarkets are horded with food? What of those African countries that are completely fucked over by international debt. It costs them billions just to pay the goddamn interest. What does free market globalization do for the farmers that can't provide for their own families? What of the sweatshops that make our clothes? There are people who work 20 hours a day for less than a dollar, and you say capitalism provides equal opportunity..


not even one billion since the US population is not that high
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26 / M / Canada
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Posted 6/11/08

projectevo5 wrote:


froofroo123 wrote:

What I don't get is why some people say everyone has an equal opportunity in a capitalistic system. Apparently not, since there are how many billion people in the world living below America's poverty line? What some people don't see is the number of people that are being screwed over just so the few get what they want. Why are there tens of thousands of people dying every day from hunger when our supermarkets are horded with food? What of those African countries that are completely fucked over by international debt. It costs them billions just to pay the goddamn interest. What does free market globalization do for the farmers that can't provide for their own families? What of the sweatshops that make our clothes? There are people who work 20 hours a day for less than a dollar, and you say capitalism provides equal opportunity..


not even one billion since the US population is not that high


Please re-read the highlighted above.

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