reply to post by Mdv2
Anyone who believes what we have today and for the past 70 years here in the Western world is actual Capitalism, is a complete moron. Perhaps that is
being a tad harsh but it is the simple fact of the matter. To blame capitalism for these problems is like blaming the curtain because someone left a
lit candle next to it and the house burned down.
Why did Greece have such bad economic problems? Well besides the fact of a runaway entitlement state they also have a heavy 'black market' where no
taxes for goods and services are paid. The people like to collect public money but do not like to put into it. Now we have avowed Socialists,
Communists, and Anarcho-syndicalists protesting in the streets because of a failed economy which could have been avoided. If the people of Greece did
not want to pay ridiculous taxes than they should have told their state a long time ago that they do not want a welfare society with bloated
So how can capitalism be blamed for this when the variant of capitalism we have had this past 70 years has been that of a Mixed Market Economy with
large state intervention and the creation of an enlarged military industrial complex here in the US. Government and corporations work closely together
to guarantee that these large businesses are free from competitive practices that the free market place would create. By big business promising to
'help the people' and 'promote progressive causes' the left and right gave them promises that they would have special protections. These special
protections have largely, but not completely, come in the form of protective regulatory policies designed by bureaucrats and administered/directed by
the leaders of the businesses they are regulating.
Add to that we have the great build up of concentrated capital not only socio-economically into the hands of bankers and businessmen who can lobby
politicians along with create favorable tax codes which are too complicated to understand that only their army of tax lawyers can figure it out which
gives them an advantage over the rest of us but also the capital is being concentrated geographically too. With the rapid urbanization and
transnational reallocation of capital, investment, and business locations located within a few select cities managing their entire national and
supranational business policies and practices from a distant location their ability to properly understand the regional economic and social needs have
When we add the unfavorable business practices with the rapid centralization of bureaucratic governance into a more authoritarian state located in a
distant capital we lose the flexibility of governmental laws, government loses its connection to its citizens it is supposed to represent, and the
transparency is lost in the red tape. Politicians ultimately begin to micromanage the economy which leads to inefficiency which inevitably led to the
situation we are in today.
Had Europe not gone the way of micromanagement, centralization, bureaucratization, and social corporatism we would not even be discussing this problem
right now. So instead of trying to understand the root causes of the problem you would rather point fingers at a system which has been abused and
turned on its head for the profit of a select few. Capitalism does not ultimately lead to the centralization of wealth and wages, had we as citizens
been freely able to compete with the wealthy banks and businesses then more wealth would be with more individuals. But since just opening and
operating a manufacturing plant has become outrageously expensive the small and medium sized businesses must close down due to taxes, regulations, and
bureaucracy so that only the big may survive.
And who creates the unfavorable and destructive atmosphere? Government. Who is the only one with the power to do this? Government. So why is it the
market you hate rather than the government for perverting, distorting, and manipulating the market? You tell me.
edit on 6/16/2011 by Misoir
because: (no reason given)