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Originally posted by Fichorka
I recently read an annoying thread here on ATS named "Capitalism is for dummies" blaming capitalism for a bunch of bad things and praising Socialism! OP of that thread (Germanicus) thinks it is capitalism that caused high taxes, evil banks and corporations, market manipulations, etc...
It's not the capitalism that caused this bad things to happpen bacause we (the western world) are not even close to capitalism! The evil Banks are not the product of capitalism, you have them in socialist China aswell, you even have corporations there and standard of living is worse.
since many of you don't know what capitalism is, you need reeducation:
- Capitalism is a right to posses more or less than your neighboor, it is a right to earn more or less than others. Capitalism is a system that allows to those who contribute more to society (produce more goods) to earn more than those who are contributing less. Notice that we are not living in capitalism, are we?
- Evil banksters are earning by producing money out of thin air (notice they are earning and not contributing to society wich is a violation of capitalism)! -This means we are living in a different system. It is an evil system wich is more like Debtocracy since it is based on debt and producing money out of thin air!
All i know is that Capitalism is great because it respects freedom - right to posses!
Sorry on my english.edit on 8/6/2012 by Fichorka because: (no reason given)
Originally posted by definity
Capitalism does not respect the 1000's of Africans who die every year mining diamonds in Sierra Leone trying to barley feed there family.
Capitalism works by demand and supply.edit on 8-6-2012 by definity because: (no reason given)
Originally posted by glen200376
Yes capitalism is good for the 5 percent at the top,the rest sre just wage slaves.it can only exist with lots more poor slaves than the toffs or the tossers as I like to call them.
edit on 8/6/2012 by glen200376 because: (no reason given)
Originally posted by OLD HIPPY DUDE
Another paradigm that people can debate . The illusion of capitalism and a free market.
Read my signature. America is Corporate Facism it is not capitalism or socialism , that is the illusion THEY want us to believe. Didn't the SCOTUS just rule that Corporations are PEOPLE and have the same rights !
Originally posted by Anonymous404
Capitalism is GOD!
I'd like to see more worker co-owned business. More businesses without CEOs and with boards entirely filled with those who put their livelihoods in the company.