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Dictator's Hu's Visit is cause for Reflection
Self | 1/20/2011 | Larry Lotter

Posted on 01/20/2011 3:00:28 PM PST by llotter

One-Sided Capitalism

Dictator Hu's visit brings to mind an important contradiction that needs some very serious mental ruminations. On the one hand, we have a communist country that is showing dramatic economic success and on the other, we have a “capitalist” country falling into an abyss of debt and pleading for the commies to bail them out from an economic cataclysm. The most inefficient and evil system out-performing the most efficient and morally good system demands an explanation...and here it is:

We have long ago forsaken capitalism in favor of a system that is so bad and so inefficient that even communism begins to look good by comparison; a system that has brought the greatest and richest country in history to knees with barely a notice; a system that transformed the freest, most independent society on earth into one where the citizens are dependent on the central planners for everything more difficult than sleeping. Of course, even that activity has to be supervised by the central planners to not remove the tag under penalty of law. In fact, there are a myriad of laws and rules and regulation and taxes and incentives or penalties that cover virtually every aspect of the market, the home, the workplace and your entire life to ensure that that every possible risk will be minimized or eliminated.

Capitalism is the name for the system that spontaneously happens when people are free to buy and sell in the marketplace without force or undo influence from those outside of the transactions. Or as Wiki defines it, “an economic system in which the means of production are privately owned and operated for a private profit; decisions regarding supply, demand, price, distribution, and investments are made by private actors in the free market; profit is distributed to owners who choose to invest in businesses, and wages are paid to workers employed by businesses and companies.” Capitalism is the economic system only of a “free society” not the system of one where everyone’s position in life is guided and manipulated by central planners.

What we have developed here over the last many decades, is what might be called a one-sided capitalism, favoring what is being sold as ‘freedom’ but eschewing the essential responsibility. Without individual responsibility however, there can be no freedom for they are the two sides of the same coin. If the individual is not responsible for himself and his family, then others must be, and others must decide, and all the important and risk laden consequences must be born by others and in this case, the “other” is the State. In other words, we have developed community responsibility while attempting to maintain personal freedom, a logical impossibility. We have been sold on the benefits of communism without the Gulag but this truly represents the worst of both worlds and at a cost that has brought ruin to the Last, Best Hope of Mankind.


TOPICS: Culture/Society; Editorial; Government; Miscellaneous; Philosophy
KEYWORDS: abyss; chat; communism; economics; government; vanity
Dictator Hu's visit brings to mind an important contradiction that needs some very serious mental ruminations. On the one hand, we have a communist country that is showing dramatic economic success and on the other, we have a “capitalist” country falling into an abyss of debt and pleading for the commies to bail them out from an economic cataclysm. The most inefficient and evil system out-performing the most efficient and morally good system demands an explanation...and here it is:
1 posted on 01/20/2011 3:00:34 PM PST by llotter
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To: llotter

If the people of China wanted to be as free as we want to, they would have made changes by now.


2 posted on 01/20/2011 3:08:18 PM PST by cicero2k
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To: llotter

The big problem is that we have no one in DC representing us. The Dems are hurting us apocalyptically, and the Republicans are hurting us less. No one in DC is actually working to take us back to a free market country that actually acts in its own interest [i.e.: that would drill its own oil, for example].

We’ve got two sets of Ruling Classes, and neither one is working for us.


3 posted on 01/20/2011 3:15:30 PM PST by Fantasywriter
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To: llotter

China is not bailing us out for our own good, no matter how much Obama kisses up. The not-so-closet communists traitors among our own leadership are probably quivering with delight.


4 posted on 01/20/2011 4:40:08 PM PST by ViLaLuz (2 Chronicles 7:14)
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