K:No, Q, not in principle, only in how it is practiced by some and the consequences thereof.
Yet no one has been able to produce a better more equitable economic system.
Communism, tried and failed miserably. In that system they discovered that they could grow all the wheat they needed on their big collectives, but when it came time to get it to the market most rotted in the fields. They had eliminated the evil businessman who makes a profit by providing a service, such as getting trucks to ship things. They also discovered that dairy production dropped dramatically. Why, because the farmer is not going to get up at 4:00 am to milk the states cow, but he will if it is his cow and he gets to keep the profit from his labors.
Fascism, the fusion of the state with private business interests. All innovation disappears and large business/govt. interests control profit and product availability with law and bureaucracy.
Socialism, the Mayflower Compact is the best example of what a miserable failure that system is. The Pilgrims were going to share everything and almost starved to death their first year in America. They changed plans and decided that everyone keep the profit from what they produced and the second year they had such an abundance they had a harvest feast with the Indians.
Capitalism, left uncontrolled historically has produced terrible results but with antitrust controls and safety controls for workers has produced the most effective and productive means of producing goods and services of any economic system. It also offers the greatest opportunity for an individual to achieve great success in life.
The author of the
ENDGAMETHEMOVIE.com
film [viewable easier, it seems at ABOVETOPSECRET.COM]
documents how the Carter Administration began dismantling the safeguards set in place after the Great Depression. How Klintoon further dismantled them etc.
The NWO Oligarchy has been having a field day.
I read one report that claimed that the NWO folks had enough trillions set aside . . . that they planned to pay of everyone’s debts . . . and give everyone $10,000 or so beyond that . . . one presumes for a price . . . choosing the world government? worshipping satan and being chipped???
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documents how the Carter Administration began dismantling the safeguards set in place after the Great Depression. How Klintoon further dismantled them etc.
The NWO Oligarchy has been having a field day.
Some people still long for a return to those good old monopolistic days when there was only one store in town, one doctor in town, one church in town ... and everyone in town had to buy what they were selling at the price that they charged or do without.
Then came the Reformation and competition and lower prices and higher quality and increased quantities of the necessities of life -- like the scriptures in one's own language ... .... and the rest is history .... and those old monopolists are still griping.
Depends what you mean by equitable.
Communism, tried and failed miserably. In that system they discovered that they could grow all the wheat they needed on their big collectives, but when it came time to get it to the market most rotted in the fields
First I never suggested anything even remotely close to communist or fascist economy. It was imputed by others, but if you care to examine my posts you will not find me endorsing either.
Communism failed for many reasons, most of them self-induced. It became a victim of its own ideology and mindset. In order to keep full employment so they can brag about it, communist regimes would hire more than one person for one job. Many of these full-time, full-benefits jobs were awarded to people either through 'connections' or simply bribes. Since the state was not accountable to anyone, there was no one to pass corrective legislation and the system, naturally, had no inclination to police itself.
But it is false to assume that just because something is not competitive or free it cannot work, be productive or even excellent. Our Armed forces are certainly an example that government business does work and does give excellent results. The difference is that the military is accountable to elected civilian authorities. So, it is really the democracy that is behind the success, not necessarily the type of economic system employed.
For instance, the military health system is organized around civilian HMO structure. Military exchanges and commissaries work for profit but do not compete.
In many ways, the military health system is eons ahead of the civilian counterparts as for example physician order entry is computerized while in most major and smaller civilian hospitals doctors' orders are still hand written, then faxed, then transcribed into the computer system by someone other than the physician (all of which slows things down, does not flad potential conflicts, and cause transcriptional error in the process).
Europe is an example of this. It is based on free-market eocnomy but not without limits set by a democratic state and in keeping with such immutable limits as national security, natiomnal interest, and moral and ethical standards of the society. Many things in Europe are "socialist." European countries do not fit the American model and they are neither communist nor fascist.
The military examples, and European examples shows that not being 'capitalist' leaves only fascist or communist (non)choices. But whatever system is used, accountability and ethics must apply.
Capitalism, left uncontrolled historically has produced terrible results but with antitrust controls and safety controls for workers has produced the most effective and productive means of producing goods and services of any economic system. It also offers the greatest opportunity for an individual to achieve great success in life.
I don't think I ever disagreed with that. In fact your first part of this quote is exactly what I was saying, except that it wasn't only about workers' safety, but big capital ethics as well (such as child labor laws).
This is necessary precisely because no system, not even capitalism, will police itself.
It also offers the greatest opportunity for an individual to achieve great success in life
If properly regulated.
But what i said was read out of context and subjected to knee-jerk reactions. This whole discussion started with my observation that the root cause of illegal immigration is to be found in the willingness of some American businesses to illegally hire illegal alien, and for government, on all levels, willing to ignore them rather than penalizing them according to existing laws (which call for extremely steep fines for hiring illegal aliens).
In other words, such willingness created a demand, and the illegal immigration is simply the supply that some asked for.
My other contention was that this decision to hire illegal aliens is based on greed (profit motive) because it is cheaper to hire illegal aliens than Americans. If i need someone to wash my dishes in my restaurant, I can probably get two, even three illegals, for the hourly rate of one American worker (not to talk about paying his benefits).
Just because soemthing is more profitable doesn't mean it is right, especially if it violates national security.
My third contention was that a portion of the 13 million estimated illegal aliens who snuck into the country, represent potentially lethal fith column of enemy combatants on our soil
Finally, I observed that the governments on all levels do not enforce aniti-immigration laws.
I find nothing in any of what I wrote that reject capitalism in principle, nor did I advocate any other system. But even I did it is not a crimes, is it?