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Originally posted by michael1983l
Maybe currency should be changed to man hours worked and be the same world wide. People then trade man hours worked for goods, the more you work the more good you can get but evry job becomes equal and any one person can only earn as much as they can work. Would create a very productive and equal society with no need for government.
Originally posted by doctornamtab
Capitalism requires infinite profits in a finite world. Its impossible for capitalism to continue.
There are only so many things we want to buy, people available to work certain professions and only so many jobs to go around.
Also, it funnels money upward at the expense of the poor. This creates conditions where the rich have to protect their self interest (money) by controlling business and government and manipulating consumers to maintain their profit structures. We're reaching the end point of capitalism - the period where wealth has accumulated at the top to the extent that capitalism is a detriment to 99% of the population.
All business owners are slaves to profit. Money actually MAKES decisions THROUGH business owners. The owners have very little decision in the matter. Every decision a business makes is for the benefit of money, not for the benefit of the people in the business.
As a way to move goods and services in a sustainable, long lasting manner...capitalism has failed miserably. But its over 200 years old. A lot has changed and its time for our economic models to change too.
Also, the economy has way too much power over our lives...in the end its only "busy-ness" after all.
Originally posted by doctornamtabI envision a society based on mutual contribution, not how well we can take advantage of one another. If we provide free food and shelter (what most people work for anyway) our values will shift from economic values to aesthetic values. People will be creative, they'll make art, grow a garden, exercise, take care of their kids, etc. We'll have time and energy to do things we normally cannot do. We will finally be able to take hold of what makes us human, our creative minds and social, supportive nature.
Originally posted by IamJustanAmerican
As long as there is greed as a human emotion,there will be capitalism.
All humans participate in some form of capitalistic achievement.
Even here on this site we participate in it.
Stars,flags,points are all designed to reward the members for participation.
Rewarded for input,rewarded for effort.
It is Socialism that always fails not Capitalism.
Russia and all its former bloc countries have all embraced Capitalism.
China has also turned to Capitalism,as well as Vietnam.
Cuba has reluctantly joined the club.
Where Capitalism fails is when governments put restrictions and controls on it.
If there was no governments Capitalism would flourish.
If people had to work for their money to survive and not depend on a government for hand out to survive then the world would be a better place.