capitalism, by definition, is a stupid and foolish human system
POSTED BY: 1kiki
UPDATED: Monday, January 13, 2025 18:50
VIEWED: 28147
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An article on the Singaporean model, an economically successful mix of ideological models
http://www.telegraph.co.uk/finance/comment/jeremy-warner/10293503/Sing
apore-safe-haven-model-society.html
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Quote:
Originally posted by Magonsdaughter:Quote:
Originally posted by THGRRI:
Giving or returning government control over any business is certainly not a first step that would be recommended by anyone who believes in capitalism. That suggests you believe in an alternative. So I ask you, what are the alternatives?
si shen
Sorry I must be confused? Didn't you just write thisQuote:
In the 70’s there was a big push to privatize everything. The reason for doing so remains the same. The belief is private companies can do it better for less. I don’t buy into that like many but there it is. Government enterprises may be a bit bloated but many more people benefit from them. With private industry to few benefit the most.
I don't believe in unfettered capitalism, it needs checks and balances the same as governments do. The problem with the US, one of the problems, is that your corporations, unelected and largely unregulated are far more powerful than government. Government becomes just another pawn in a corporatist society. I dont know how you solve the problems of the US and dont even begin to try.
However, I dont live in the US and i do believe we can learn through your mistakes, not that we aren't suject to economic pressures as a result of decisions made in your country. I supported a superprofits mining tax, similar to what happens in Norway. I think companies shouldn't solely profit from what should be a national resource.
I think there is a place for publically owned housing and banking, and to not sell off any more utitlities.
Yes I wrote that, but there are always caveats. That statement is one dimensional thinking on my part. Just a statement. Here’s another. While I believe more people benefit from their government jobs than in private industry, it is because they offer different things. Government jobs offer better job security and benefits while private industry, if you have an education offers better pay for some while many barely get by. Government jobs better represent this countries past when income levels were more in line with fairness. CEO’s used to make 10 to 15 times what the person working in the warehouse made. Now it is closer to 350 times the warehouse workers wages. Nobody is worth what some are making today at the expense of those doing all the labor. It is also not good for the economy if a worker cannot afford to shop where he or she works.
Private industry disperses power and control into many more hands. That’s a good thing. It is through regulation and taxes that we can utilize private industry to our advantage. In the 60’s and 70’s the tax rate in this country was well over 70% on the rich. Much too high but now they pay tax rates in the 30% range so we lost at least 40% of our tax revenue while a much higher percent of profits migrated to the top as well. The ones at the very top are not paying taxes at all or at a much lower rate than that. Corporate welfare is draining the coffers as well. During the years taxes where at the 70% level we had a strong middle class as well that were paid good wages. We were over 60% to 65% union.
There are many ways to address fixing wage disparages and the unfairness that permeates this country, but first we must get corporate money out of government. This is getting a bit long so I will cut it here.
si shen
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MAGONSDAUGHTER, I have never felt education should be an industry. It is of course because it slays the creativity of our children and disenfranchises far to many from the educational process. Intelligence is diverse, dynamic and distinct. So basing intelligence on academic achievement stigmatizes other forms of achievement as inadequate, leaving many intelligent people thinking they are not. We educate our children to meet the needs of industry and do not teach to our children's individual strengths.
Sir Ken Robinson who I am a big fan of, quoted a poem by W B Yates to his love Maud Gonne at the end of one of his talks. I will share it with you here.
Had I the heavens’ embroidered cloths,
Enwrought with golden and silver light,
The blue and the dim and the dark cloths
Of night and light and the half-light,
I would spread the cloths under your feet:
But I, being poor, have only my dreams;
I have spread my dreams under your feet;
Tread softly because you tread on my dreams.
And every day, everywhere, our children are laying their dreams beneath our feet. So we should tread softly.
This is the third in a trilogy but it speaks to what you say. I think we should do whatever is necessary.
si shen
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As for the rest MAGONSDAUGHTER, smarter people than I will have to suggest adopting different ways of doing things based on other countries. I am not against it, but I am also not versed enough on the intricacies of the way other countries do things. Best I do not preach to extensively and suggest we emulate them, as too many here are fond of doing. I know of many things in this country that are not as they seem when seen through the eyes of someone from elsewhere. I don’t know where you are from but I know here. I have enough background learned from life’s experiences and though our education system to make sound judgments on the goings-on in this country, and what would go a long way to fixing our ills.
Just my opinions of course. But they are sound.
si shen
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Just my opinions of course. But they are sound.
HA HA HA HA HA HA HA HA HA HA Ha ha ha ha ha ha ha ha ha ...
I don't even have the time to explain all that is so very very wrong with your 'opinions'. But I'll point out one smidge wrong with your logic. You seem to think that all those countries that have those unAmerican systems were some how created with them. But yanno, in real life, unlike in your fantasy land, until those countries adopted their systems, they weren't 'their' systems, either. And then, they were.
SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.
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Quote:
Originally posted by 1kiki:
Just my opinions of course. But they are sound.
HA HA HA HA HA HA HA HA HA HA Ha ha ha ha ha ha ha ha ha ...
I don't even have the time to explain all that is so very very wrong with your 'opinions'. But I'll point out one smidge wrong with your logic. You seem to think that all those countries that have those unAmerican systems were some how created with them. But yanno, in real life, unlike in your fantasy land, until those countries adopted their systems, they weren't 'their' systems, either. And then, they were.
Ok moron, apparently you think I said something I did not. Have an adult read it to you. You really should stay out of any conversation that requires more than a third grade reading level because your response is about things neither said nor implied.
I appreciate you proving once again that you take things out of context and spin them to suggest the author meant or implied something he did not.
si shen
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Best I do not preach to [sic] extensively and suggest we emulate them as too many here are fond of doing.
SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.
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Quote:
Originally posted by 1kiki:
Best I do not preach to [sic] extensively and suggest we emulate them as too many here are fond of doing.
Holly shit stupid. That sentence does not mean anything close to what you said it meant in your last post.
Try again.
si shen
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This thread needs more
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