Current Events > The President, on capitalism

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kage_53 07/10/21 12:43:17 AM #52:	wackyteen posted... Because if there aren't regulations in place by a (powerful) government then industry leaders will engage in non-compete agreements with each other that lead to industry stagnation and exploitation of the populace, all in the name of high score chasing in the form of the country's currency. Those regulations actually help the big businesses. They create more barriers for entry thus weeding out small businesses which in return creates fewer competition and creates a monopoly in the process. It works both ways. <cite>kage_53 posted [p:955931349] in The Presid... [t:79557058]...</cite> <quote>wackyteen posted... </cite> <quote>Because if there aren't regulations in place by a (powerful) government then industry leaders will engage in non-compete agreements with each other that lead to industry stagnation and exploitation of the populace, all in the name of high score chasing in the form of the country's currency.</quote> Those regulations actually help the big businesses. They create more barriers for entry thus weeding out small businesses which in return creates fewer competition and creates a monopoly in the process. It works both ways. </quote> ... Copied to Clipboard!
Error1355 07/10/21 12:47:50 AM #53:	Questionmarktarius posted... Municipal Franchise was a mistake. --- Welcome home, shed your skin and expose your bones. Take my hand, follow us into the black so far that we can't get back. <cite>Error1355 posted [p:955931444] in The Presid... [t:79557058]...</cite> <quote>Questionmarktarius posted... </cite> <quote>Municipal Franchise was a mistake.</quote></quote> ... Copied to Clipboard!
legendary_zell 07/10/21 12:53:52 AM #54:	So capitalism doesn't work when there's regulations because that kills competition. And capitalism doesn't work without regulation because then we get that Upton Sinclair, child labor situation. It's almost like it just doesn't work. --- I gotta be righteous, I gotta be me, I gotta be conscious, I gotta be free, I gotta be able, I gotta attack, I gotta be stable, I gotta be black. <cite>legendary_zell posted [p:955931558] in The Presid... [t:79557058]...</cite> <quote>So capitalism doesn't work when there's regulations because that kills competition. And capitalism doesn't work without regulation because then we get that Upton Sinclair, child labor situation. It's almost like it just doesn't work. </quote> ... Copied to Clipboard!
Questionmarktarius 07/10/21 12:55:22 AM #55:	legendary_zell posted... It's almost like it just doesn't work. The trick is not let the capitalists make the regulations. <cite>Questionmarktarius posted [p:955931597] in The Presid... [t:79557058]...</cite> <quote>legendary_zell posted... </cite> <quote>It's almost like it just doesn't work.</quote>The trick is not let the capitalists make the regulations. </quote> ... Copied to Clipboard!
au_gold 07/10/21 12:56:58 AM #56:	Capitalism is literally exploitation. --- Let me talk to your mother. Get your mother please. <cite>au_gold posted [p:955931629] in The Presid... [t:79557058]...</cite> <quote>Capitalism is literally exploitation. </quote> ... Copied to Clipboard!
Questionmarktarius 07/10/21 12:58:38 AM #57:	au_gold posted... Capitalism is literally exploitation. Good luck finding an economic system that isn't. Capitalism is unique in that it's the only one that feigns at being voluntary. <cite>Questionmarktarius posted [p:955931661] in The Presid... [t:79557058]...</cite> <quote>au_gold posted... </cite> <quote>Capitalism is literally exploitation.</quote>Good luck finding an economic system that isn't. Capitalism is unique in that it's the only one that feigns at being voluntary. </quote> ... Copied to Clipboard!
legendary_zell 07/10/21 1:02:09 AM #58:	Questionmarktarius posted... The trick is not let the capitalists make the regulations. Has there ever been a form of capitalism where that didn't happen though? Concentrated wealth and economic power lets you have outsized influence and it always ends up there. If communism gets dinged for how communism always seems to end up with a party elite controlling everything and running everything into the ground, capitalism should be dinged for its version of that and what it consistently leads to. When you talk about having a government small enough to make regulatory capture irrelevant, you're very likely talking about a society in which no actor can challenge corporate action or interests. But when government is big enough to be a useful tool at the hands of capitalists, they inevitably capture it. Seems like the constant here is the capitalists sucking. --- I gotta be righteous, I gotta be me, I gotta be conscious, I gotta be free, I gotta be able, I gotta attack, I gotta be stable, I gotta be black. <cite>legendary_zell posted [p:955931729] in The Presid... [t:79557058]...</cite> <quote>Questionmarktarius posted... </cite> <quote>The trick is not let the capitalists make the regulations.</quote> Has there ever been a form of capitalism where that didn't happen though? Concentrated wealth and economic power lets you have outsized influence and it always ends up there. If communism gets dinged for how communism always seems to end up with a party elite controlling everything and running everything into the ground, capitalism should be dinged for its version of that and what it consistently leads to. When you talk about having a government small enough to make regulatory capture irrelevant, you're very likely talking about a society in which no actor can challenge corporate action or interests. But when government is big enough to be a useful tool at the hands of capitalists, they inevitably capture it. Seems like the constant here is the capitalists sucking. </quote> ... Copied to Clipboard!
pure_temper 07/10/21 1:02:35 AM #59:	capitalism is the best model we've found so far. it can work at planetary scale with better tech including tech we are already starting to have. since it's voluntary in how markets spread to new customers, it's sustainable as long as we can expand how many resources we have access to. my parents and grandparents worked on socialized farms in one of the soviet union territories. lol at anyone clamoring for that again. products and services and demand for these things and smart stimulus by governments really does improve the world and we call that capitalism in a growing part of the modern world. it will never go away until technology makes Star Trek possible, probably in the 2040s i'd guess, 2042 if the estimates of the singularity happening that year are true. --- It's obvious all religions are fundamentally true. <cite>pure_temper posted [p:955931738] in The Presid... [t:79557058]...</cite> <quote>capitalism is the best model we've found so far. it can work at planetary scale with better tech including tech we are already starting to have. since it's voluntary in how markets spread to new customers, it's sustainable as long as we can expand how many resources we have access to. my parents and grandparents worked on socialized farms in one of the soviet union territories. lol at anyone clamoring for that again. products and services and demand for these things and smart stimulus by governments really does improve the world and we call that capitalism in a growing part of the modern world. it will never go away until technology makes Star Trek possible, probably in the 2040s i'd guess, 2042 if the estimates of the singularity happening that year are true. </quote> ... Copied to Clipboard!
Questionmarktarius 07/10/21 1:03:43 AM #60:	legendary_zell posted... Has there ever been a form of capitalism where that didn't happen though? A brief moment known as the "Theodore Roosevelt administration". Probably also current Finland. <cite>Questionmarktarius posted [p:955931760] in The Presid... [t:79557058]...</cite> <quote>legendary_zell posted... </cite> <quote>Has there ever been a form of capitalism where that didn't happen though?</quote>A brief moment known as the "Theodore Roosevelt administration". Probably also current Finland. </quote> ... Copied to Clipboard!
1337toothbrush 07/10/21 1:18:14 AM #61:	Does the CIA pay people to toot the horn of capitalism? --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:955932016] in The Presid... [t:79557058]...</cite> <quote>Does the CIA pay people to toot the horn of capitalism? </quote> ... Copied to Clipboard!
Questionmarktarius 07/10/21 1:20:18 AM #62:	1337toothbrush posted... Does the CIA pay people to toot the horn of capitalism? Where in the hell do I sign up for that? <cite>Questionmarktarius posted [p:955932062] in The Presid... [t:79557058]...</cite> <quote>1337toothbrush posted... </cite> <quote>Does the CIA pay people to toot the horn of capitalism?</quote>Where in the hell do I sign up for that? </quote> ... Copied to Clipboard!
pure_temper 07/10/21 1:20:42 AM #63:	great stuff doesn't need payment for advertising, because it spreads via word of mouth --- It's obvious all religions are fundamentally true. <cite>pure_temper posted [p:955932069] in The Presid... [t:79557058]...</cite> <quote>great stuff doesn't need payment for advertising, because it spreads via word of mouth </quote> ... Copied to Clipboard!
1337toothbrush 07/10/21 1:22:30 AM #64:	pure_temper posted... great stuff doesn't need payment for advertising, because it spreads via word of mouth Which is why anti-capitalist sentiment is spreading rapidly. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:955932112] in The Presid... [t:79557058]...</cite> <quote>pure_temper posted... </cite> <quote>great stuff doesn't need payment for advertising, because it spreads via word of mouth</quote>Which is why anti-capitalist sentiment is spreading rapidly. </quote> ... Copied to Clipboard!
pure_temper 07/10/21 1:29:34 AM #65:	i've never really known anyone who when putting serious pen to paper really thinks or operates as if socialism should be the norm anywhere lmao. most people think about it in terms of what kinds of technologies or products could exist to solve what kinds of problems and what are the best ways to fund that. and what kinds of commercial strategies could exist to justify people crowd sourcing more innovation with economic movement. sooner or later we'll be able to automate a lot more types of labor with Boston Dynamics and Amazon Wholefoods and other corporate type stuff until people get bored of doing rote tasks and automating basically everything. then it'll just be about art and music and exploring nature and etc. i'm optimistic we'll see it in our lifetime because of necessity and people getting bored w/ working this last year because of covid. more people will probably go back to school if they quit (most workers have considered quitting and i'd bet schools are offering more attractive rates lately), training up for less repetitive tasks and more theoretical knowledge of math and science and etc. if we don't let the media dumb people down some more, that is. the media isn't your friend toothbrush --- It's obvious all religions are fundamentally true. <cite>pure_temper posted [p:955932246] in The Presid... [t:79557058]...</cite> <quote>i've never really known anyone who when putting serious pen to paper really thinks or operates as if socialism should be the norm anywhere lmao. most people think about it in terms of what kinds of technologies or products could exist to solve what kinds of problems and what are the best ways to fund that. and what kinds of commercial strategies could exist to justify people crowd sourcing more innovation with economic movement. sooner or later we'll be able to automate a lot more types of labor with Boston Dynamics and Amazon Wholefoods and other corporate type stuff until people get bored of doing rote tasks and automating basically everything. then it'll just be about art and music and exploring nature and etc. i'm optimistic we'll see it in our lifetime because of necessity and people getting bored w/ working this last year because of covid. more people will probably go back to school if they quit (most workers have considered quitting and i'd bet schools are offering more attractive rates lately), training up for less repetitive tasks and more theoretical knowledge of math and science and etc. if we don't let the media dumb people down some more, that is. the media isn't your friend toothbrush </quote> ... Copied to Clipboard!
Questionmarktarius 07/10/21 1:30:51 AM #66:	pure_temper posted... i've never really known anyone who when putting serious pen to paper really thinks or operates as if socialism should be the norm anywhere lmao. You should read Trotsky's book. https://www.marxists.org/archive/trotsky/1936/revbet/ It's a chronicle of how it got fucked up. <cite>Questionmarktarius posted [p:955932271] in The Presid... [t:79557058]...</cite> <quote>pure_temper posted... </cite> <quote>i've never really known anyone who when putting serious pen to paper really thinks or operates as if socialism should be the norm anywhere lmao.</quote>You should read Trotsky's book. https://www.marxists.org/archive/trotsky/1936/revbet/ It's a chronicle of how it got fucked up. </quote> ... Copied to Clipboard!
pure_temper 07/10/21 1:31:34 AM #67:	Questionmarktarius posted... You should read Trotsky's book. https://www.marxists.org/archive/trotsky/1936/revbet/ It's a chronicle of how it got fucked up. give it to me short first, i'm curious to know the summary now and i trust your asessments :) --- It's obvious all religions are fundamentally true. <cite>pure_temper posted [p:955932292] in The Presid... [t:79557058]...</cite> <quote>Questionmarktarius posted... </cite> <quote>You should read Trotsky's book. https://www.marxists.org/archive/trotsky/1936/revbet/ It's a chronicle of how it got fucked up.</quote> give it to me short first, i'm curious to know the summary now and i trust your asessments :) </quote> ... Copied to Clipboard!
Questionmarktarius 07/10/21 1:32:24 AM #68:	pure_temper posted... i'm curious to know the summary now "God dammit, Stalin!" <cite>Questionmarktarius posted [p:955932305] in The Presid... [t:79557058]...</cite> <quote>pure_temper posted... </cite> <quote>i'm curious to know the summary now</quote>"God dammit, Stalin!" </quote> ... Copied to Clipboard!
kage_53 07/10/21 3:09:18 AM #69:	legendary_zell posted... So capitalism doesn't work when there's regulations because that kills competition. And capitalism doesn't work without regulation because then we get that Upton Sinclair, child labor situation. It's almost like it just doesn't work. Define doesnt work because pure capitalism (as in absolutely 0 forms of government regulation and involvement) has never been attempted. There is not a single country where everything is completely privatized. <cite>kage_53 posted [p:955933941] in The Presid... [t:79557058]...</cite> <quote>legendary_zell posted... </cite> <quote>So capitalism doesn't work when there's regulations because that kills competition. And capitalism doesn't work without regulation because then we get that Upton Sinclair, child labor situation. It's almost like it just doesn't work.</quote> Define doesnt work because pure capitalism (as in absolutely 0 forms of government regulation and involvement) has never been attempted. There is not a single country where everything is completely privatized. </quote> ... Copied to Clipboard!
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scar the 1 07/10/21 5:03:57 AM #71:	There's no competition in capitalism without exploitation --- Stop being so aggressively argumentative for no reason. - UnfairRepresent <cite>scar the 1 posted [p:955935295] in The Presid... [t:79557058]...</cite> <quote>There's no competition in capitalism without exploitation </quote> ... Copied to Clipboard!
Webmaster4531 07/10/21 5:10:35 AM #72:	scar the 1 posted... There's no competition in capitalism without exploitation Antifar posted... What point do you think you're making here? --- Ad Hominem. <cite>Webmaster4531 posted [p:955935364] in The Presid... [t:79557058]...</cite> <quote>scar the 1 posted...</cite><quote>There's no competition in capitalism without exploitation</quote>Antifar posted...</cite><quote>What point do you think you're making here? </quote></quote> ... Copied to Clipboard!
scar the 1 07/10/21 5:50:47 AM #73:	Webmaster4531 posted... That the president is wrong --- Stop being so aggressively argumentative for no reason. - UnfairRepresent <cite>scar the 1 posted [p:955935786] in The Presid... [t:79557058]...</cite> <quote>Webmaster4531 posted... </cite> <quote> </quote>That the president is wrong </quote> ... Copied to Clipboard!
Questionmarktarius 07/10/21 5:55:11 AM #74:	scar the 1 posted... That the president is wrong If Biden wants to unwind industry regulating itself, I'll be right there. If, however, this is just another redistribution scheme, then fuck off. <cite>Questionmarktarius posted [p:955935824] in The Presid... [t:79557058]...</cite> <quote>scar the 1 posted... </cite> <quote>That the president is wrong</quote>If Biden wants to unwind industry regulating itself, I'll be right there. If, however, this is just another redistribution scheme, then fuck off. </quote> ... Copied to Clipboard!
legendary_zell 07/10/21 10:30:47 AM #75:	kage_53 posted... Define doesnt work because pure capitalism (as in absolutely 0 forms of government regulation and involvement) has never been attempted. There is not a single country where everything is completely privatized. We were certainly much closer in the past. We called it the gilded age and we've gotten to where we are now in large part because of near universal agreement that it sucked. We were certainly the closest we'll ever get at the very beginning of capitalism as well and that was full of exploitation. People aren't going to try it because they rationally believe it's not good. Communism has to wear what's actually been done under its label and so does capitalism, even though a stateless, classless, money less society has also never been tried. --- I gotta be righteous, I gotta be me, I gotta be conscious, I gotta be free, I gotta be able, I gotta attack, I gotta be stable, I gotta be black. <cite>legendary_zell posted [p:955939497] in The Presid... [t:79557058]...</cite> <quote>kage_53 posted... </cite> <quote>Define doesnt work because pure capitalism (as in absolutely 0 forms of government regulation and involvement) has never been attempted. There is not a single country where everything is completely privatized.</quote> We were certainly much closer in the past. We called it the gilded age and we've gotten to where we are now in large part because of near universal agreement that it sucked. We were certainly the closest we'll ever get at the very beginning of capitalism as well and that was full of exploitation. People aren't going to try it because they rationally believe it's not good. Communism has to wear what's actually been done under its label and so does capitalism, even though a stateless, classless, money less society has also never been tried. </quote> ... Copied to Clipboard!
Shablagoo 07/10/21 11:37:01 AM #76:	legendary_zell posted... Communism has to wear what's actually been done under its label and so does capitalism, even though a stateless, classless, money less society has also never been tried. https://en.wikipedia.org/wiki/Dialectical_materialism --- "If you wanna grow your business you need to exploit more." ~Austin_Era_II "Out of those two? Racist for me... easily." ~Vicious_Dios <cite>Shablagoo posted [p:955940947] in The Presid... [t:79557058]...</cite> <quote> legendary_zell posted... </cite> <quote>Communism has to wear what's actually been done under its label and so does capitalism, even though a stateless, classless, money less society has also never been tried.</quote> https://en.wikipedia.org/wiki/Dialectical_materialism </quote> ... Copied to Clipboard!
creativerealms 07/10/21 11:40:04 AM #77:	unnamedsoldier posted... Get the government out of it then How well did that work for the Texas power grid? --- Occam's razor: The simplest solution (answer) is most likely the right one <cite>creativerealms posted [p:955941022] in The Presid... [t:79557058]...</cite> <quote>unnamedsoldier posted... </cite> <quote>Get the government out of it then</quote>How well did that work for the Texas power grid? </quote> ... Copied to Clipboard!
thronedfire2 07/10/21 11:47:24 AM #78:	Correct_Facts posted... I own a carpentry outfit with 12 employees. Not a great claim to fame but I don't get mad that people have already done better than I have. I'm always actively trying to grow my business into something more so I and my workers have something better, rather than skulking because I have a dead end job. and how much money did you have available before you started that business --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen... <cite>thronedfire2 posted [p:955941186] in The Presid... [t:79557058]...</cite> <quote>Correct_Facts posted... </cite> <quote>I own a carpentry outfit with 12 employees. Not a great claim to fame but I don't get mad that people have already done better than I have. I'm always actively trying to grow my business into something more so I and my workers have something better, rather than skulking because I have a dead end job.</quote> and how much money did you have available before you started that business </quote> ... Copied to Clipboard!
FortuneCookie 07/10/21 11:51:17 AM #79:	Antifar posted... https://twitter.com/POTUS/status/1413558065748758529?s=20 That's actually a fair statement. Good job, Mr. President. I was expecting him to say something stupid. <cite>FortuneCookie posted [p:955941284] in The Presid... [t:79557058]...</cite> <quote>Antifar posted... </cite> <quote>https://twitter.com/POTUS/status/1413558065748758529?s=20</quote> That's actually a fair statement. Good job, Mr. President. I was expecting him to say something stupid. </quote> ... Copied to Clipboard!
Webmaster4531 07/10/21 11:54:00 AM #80:	scar the 1 posted... That the president is wrong Biden isn't wrong about this. Only lolbertarians are pro-trust. --- Ad Hominem. <cite>Webmaster4531 posted [p:955941334] in The Presid... [t:79557058]...</cite> <quote>scar the 1 posted...</cite><quote>That the president is wrong</quote>Biden isn't wrong about this. Only lolbertarians are pro-trust.</quote> ... Copied to Clipboard!
scar the 1 07/10/21 2:52:12 PM #81:	Webmaster4531 posted... Biden isn't wrong about this. Only lolbertarians are pro-trust. There is no capitalism without exploitation though --- Stop being so aggressively argumentative for no reason. - UnfairRepresent <cite>scar the 1 posted [p:955946016] in The Presid... [t:79557058]...</cite> <quote>Webmaster4531 posted... </cite> <quote>Biden isn't wrong about this. Only lolbertarians are pro-trust.</quote>There is no capitalism without exploitation though </quote> ... Copied to Clipboard!
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Current Events > The President, on capitalism (+) Yeah! (+)

Current Events > The President, on capitalism