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What capitalism?  Where does it exist nowadays?
Posted: 17 July 2017 06:22 AM   [ Ignore ]
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It’s funny hearing people talk about “capitalism” as if it’s something we have any experience with these days..

What can be said about capitalism in a time when mega corporations own everything and tell our government what to do based on nothing but self-interest,
maximizing profits and bonuses while minimizing all other expenses.

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Posted: 17 July 2017 10:12 AM   [ Ignore ]   [ # 1 ]
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We are more at the “inevitable result of” capitalism phase

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Posted: 18 July 2017 01:34 AM   [ Ignore ]   [ # 2 ]
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Lausten - 17 July 2017 10:12 AM

We are more at the “inevitable result of” capitalism phase

Wrong question. Where does free market capitalism exist? Somalia? How is she looking there?

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Posted: 18 July 2017 04:43 PM   [ Ignore ]   [ # 3 ]
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Citizenschallenge-v.3 - 17 July 2017 06:22 AM

It’s funny hearing people talk about “capitalism” as if it’s something we have any experience with these days..

What can be said about capitalism in a time when mega corporations own everything and tell our government what to do based on nothing but self-interest,
maximizing profits and bonuses while minimizing all other expenses.

You can find it in the hearts of Republicans, though they get it wrong, every time.

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Posted: 18 July 2017 10:28 PM   [ Ignore ]   [ # 4 ]
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Adamski - 18 July 2017 01:34 AM
Lausten - 17 July 2017 10:12 AM

We are more at the “inevitable result of” capitalism phase

Wrong question. Where does free market capitalism exist? Somalia? How is she looking there?

Cute dodge, blame Somalia’s problems on free market capitalism.  LOL  How you figure that?

How about blaming men?
http://www.nation.co.ke/news/africa/Men-made-a-mess-of-Somalia—now-women-want-to-fix-it-/1066-3465470-2o2faq/index.html

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Posted: 19 July 2017 12:39 AM   [ Ignore ]   [ # 5 ]
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Citizenschallenge-v.3 - 18 July 2017 10:28 PM
Adamski - 18 July 2017 01:34 AM
Lausten - 17 July 2017 10:12 AM

We are more at the “inevitable result of” capitalism phase

Wrong question. Where does free market capitalism exist? Somalia? How is she looking there?

Cute dodge, blame Somalia’s problems on free market capitalism.  LOL  How you figure that?

How about blaming men?
http://www.nation.co.ke/news/africa/Men-made-a-mess-of-Somalia—now-women-want-to-fix-it-/1066-3465470-2o2faq/index.html

No govt

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Posted: 19 July 2017 02:15 PM   [ Ignore ]   [ # 6 ]
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You’re an even bigger joker than I though.

[ Edited: 19 July 2017 02:33 PM by Citizenschallenge-v.3 ]
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Posted: 19 July 2017 08:04 PM   [ Ignore ]   [ # 7 ]
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Citizenschallenge-v.3 - 18 July 2017 10:28 PM
Adamski - 18 July 2017 01:34 AM
Lausten - 17 July 2017 10:12 AM

We are more at the “inevitable result of” capitalism phase

Wrong question. Where does free market capitalism exist? Somalia? How is she looking there?

Cute dodge, blame Somalia’s problems on free market capitalism.  LOL  How you figure that?

How about blaming men?
http://www.nation.co.ke/news/africa/Men-made-a-mess-of-Somalia—now-women-want-to-fix-it-/1066-3465470-2o2faq/index.html

What do you think is the root of their problems?

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Posted: 19 July 2017 08:06 PM   [ Ignore ]   [ # 8 ]
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CAPITALISM

an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

That’s ALL it is.

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Posted: 19 July 2017 09:24 PM   [ Ignore ]   [ # 9 ]
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LoisL - 19 July 2017 08:04 PM
Citizenschallenge-v.3 - 18 July 2017 10:28 PM
Adamski - 18 July 2017 01:34 AM
Lausten - 17 July 2017 10:12 AM

We are more at the “inevitable result of” capitalism phase

Wrong question. Where does free market capitalism exist? Somalia? How is she looking there?

Cute dodge, blame Somalia’s problems on free market capitalism.  LOL  How you figure that?

How about blaming men?
http://www.nation.co.ke/news/africa/Men-made-a-mess-of-Somalia—now-women-want-to-fix-it-/1066-3465470-2o2faq/index.html

What do you think is the root of their problems?

I think it was an interesting article for us uninitiated into the varied background of the horrors going down in Somalia and sure there’s much left out of that short review.

I myself believe the problems can be traced back to the ruthless reign of Imperialists and Colonialists who had complete disregard for the humanity already existing on lands they stole.  The nonsense around the Cold-War decades acted as a good transition from bad to worse.  Economic Globalization of the past decades seem to have helped little.  Now impacts of manmade global warming driven climate change escalation are taking worse to horrendous with more grime events to be expected while our global political society descends into wherever chaotic hell it’s heading towards.  Then they die and there will be peace.

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Posted: 19 July 2017 09:25 PM   [ Ignore ]   [ # 10 ]
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LoisL - 19 July 2017 08:06 PM

CAPITALISM

an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

That’s ALL it is.

Good point.  Thank you.

I don’t think Africa has ever experienced true Capitalism, except perhaps in a few special exceptions.
Please someone correct me if I’m wrong.  Bring along some examples and trustworthy links.

[ Edited: 19 July 2017 09:28 PM by Citizenschallenge-v.3 ]
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Posted: 19 July 2017 10:59 PM   [ Ignore ]   [ # 11 ]
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Citizenschallenge-v.3 - 19 July 2017 02:15 PM

You’re an even bigger joker than I though.

Hey Citizen - you want a free market in terms of no govt intervention- you got it in Somalia. How’s she looking clown?

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Posted: 19 July 2017 11:01 PM   [ Ignore ]   [ # 12 ]
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Citizenschallenge-v.3 - 19 July 2017 09:25 PM
LoisL - 19 July 2017 08:06 PM

CAPITALISM

an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

That’s ALL it is.

Good point.  Thank you.

I don’t think Africa has ever experienced true Capitalism, except perhaps in a few special exceptions.
Please someone correct me if I’m wrong.  Bring along some examples and trustworthy links.

what is “true” Capitalism?

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Posted: 20 July 2017 10:27 AM   [ Ignore ]   [ # 13 ]
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Adamski - 19 July 2017 11:01 PM
Citizenschallenge-v.3 - 19 July 2017 09:25 PM
LoisL - 19 July 2017 08:06 PM

CAPITALISM

an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

That’s ALL it is.

Good point.  Thank you.

I don’t think Africa has ever experienced true Capitalism, except perhaps in a few special exceptions.
Please someone correct me if I’m wrong.  Bring along some examples and trustworthy links.

what is “true” Capitalism?

That usually refers to laissez faire, or unregulated, capitalism. Repubs think that should be the goal. Some Dems think regulated capitalism should be the goal. The Repubs are wrong of course for the same reason they’re wrong on so many issues. They’re stupid. By analogy, think of Abstinence Only as the way to control unwanted births. Repubs think that works. The truth is, it doesn’t, research proves it, and that’s that. But Repubs are incapable of rational high level reasoning. They’re black and white thinkers. Capitalism is the same. In theory unregulated capitalism should promote creativity and competition for the benefit of all. In reality it leads to a short period of creativity and competition until multiple competitors are in a market, and the profit margins grow slim. Then those same corporations try to buy government officials into creating monopolies for them. Or they want welfare. Or worse yet, they collude with their competitors to prop up profits for all of them, cut back on competition and creativity, and move to the pay more for less model.

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Posted: 20 July 2017 07:08 PM   [ Ignore ]   [ # 14 ]
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Makes sense.

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Posted: 21 July 2017 12:21 PM   [ Ignore ]   [ # 15 ]
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CuthbertJ - 20 July 2017 10:27 AM
Adamski - 19 July 2017 11:01 PM
Citizenschallenge-v.3 - 19 July 2017 09:25 PM
LoisL - 19 July 2017 08:06 PM

CAPITALISM

an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

That’s ALL it is.

Good point.  Thank you.

I don’t think Africa has ever experienced true Capitalism, except perhaps in a few special exceptions.
Please someone correct me if I’m wrong.  Bring along some examples and trustworthy links.

what is “true” Capitalism?

That usually refers to laissez faire, or unregulated, capitalism. Repubs think that should be the goal. Some Dems think regulated capitalism should be the goal. The Repubs are wrong of course for the same reason they’re wrong on so many issues. They’re stupid. By analogy, think of Abstinence Only as the way to control unwanted births. Repubs think that works. The truth is, it doesn’t, research proves it, and that’s that. But Repubs are incapable of rational high level reasoning. They’re black and white thinkers. Capitalism is the same. In theory unregulated capitalism should promote creativity and competition for the benefit of all. In reality it leads to a short period of creativity and competition until multiple competitors are in a market, and the profit margins grow slim. Then those same corporations try to buy government officials into creating monopolies for them. Or they want welfare. Or worse yet, they collude with their competitors to prop up profits for all of them, cut back on competition and creativity, and move to the pay more for less model.

Capitalists often succeed in those last three things you’ve mentioned, so they contaminate their own model.

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