Why can't capitalism stop its excesses, greed, and other damaging characteristics?

if this was true you'd be able to share on great example!! Do you know why you cant. You were tricked.

 

Ever heard of Solyndra?

 

sure but if that's your best example you've got a huge problem since it was less than a drop in the bucket in our $20 trillion economy. Plus all the left supported it as good business since they are socialist and feel they can run economy and pick winners and losers.

Want to try for example 2??

 

Figure it out and stop playing games.

 

Figure what out? You have already said you weren't looking for debate, just confirmation of your ideology.

 

So under your theory of socialism, greed would disappear?

Perhaps you should be reminded that greed is part of human nature, not the system of acquisition of resources.

 

Capitalism is problematic when there is insufficient regulation of the actors involved. If it's regulated properly it works okay. And it has worked fairly well to get us to where we are now. It does need a reboot though. As resources begin to dwindle we need to understand that the laws of supply and demand will cease to have the balancing effect they do when resources are abundant. It does have a sociopathic tendency and there is a drive towards monopoly and the reduction of competition inherent in the system but that goes back to good regulation.

 

In capitalist economies people don't go into business to help workers they go into business to make money they take the risk they should read the reward they may pay people to work for them they may not. Saying they need to care about the worker and give them all of their wealth would demotivate people from starting businesses.

The worker is ultimately replaceable which is a good thing for the worker because they can find better wages at other places once they have built skills.

Capitalism is not the only economic model that is susceptible to Greed socialism and communism are too. It's just in those cases the greed is almost always the government.

Capitalism in its truest form would not deplete resources because that would be foolish. If you run out of the only thing you sell then you're out of business. Capitalism in and of itself does not create poverty. People who don't want to work do.

Capitalism also would not create racism because if a person can save you money more than what you're going to pay them you don't give a s*** what sex color creed or sexuality they are. You are paid based on Merit not physical appearance. War is bad for capitalism. People who are content and happy and feel safe in their environment tend to buy more things then people who are fearful of War. Capitalism does not create damaging political influences politicians do.

Many of the problems you're complaining about are problems with corporatism not capitalism.

 

You keep spinning this because you cannot address the tendency of capitalism to produce troubling and damaging excesses, which is what I said this thread is about. You have to pick on individual issues to spin. You can't face the destructive greed and sociopathy.

 

No, it is incentivized by a system that is based on personal gain via exploitation of others.

 

True. The problem, however, seems to be that those who are most successful are the most sociopathic and their excessive wealth enables them to influence government to stop regulations that would rein them in. Hence, if capitalism is to be kept civilized, it is necessary to keep all influences of money out of all three branches of government, and that means businessmen as president and congressmen must be banned, there must be an end to lobbying, an end to P.A.C.s, an end to A.L.E.C., and an end to all campaign and other contributions in excess of what the average working person would give..... -for starters.

But history shows that this cannot happen because the rich and conniving thinkers will always find ways to gradually alter the situation and spin it back to them in the end. I think we need a few major Constitutional amendments if we want to attempt any such lasting reform. The reforms must be codified and specified in the Constitution or they will be violated. But even then will it work? We see now that the Constitution is routinely ignored and violated when it suits the powers that be.

 

Exactly. Hence private profit must be banned to eliminate that destructive influence.

Same as any other system. So it's irrelevant.

The only reason you say that and it has some measure of acceptance in American society is that it is incorrect propaganda we've been fed for about 70-80 years. It's not at all true and if you would like to engage me in a principled, honest, civil discussion of this idea of government being the problem with greed under socialism and communism, I would welcome it. I could show you some irrefutable facts of history on a very basic level and simple to grasp.

We have seen clearly enough for a very long time that such textbook capitalism doesn't work and doesn't happen. Capitalism necessarily leads to depletion of resources and other excesses.

That's a BS attack on people. There are people who want to work and who should have a livable income for their work but can't get it. No one who works 40 hours a week should be unable to support themselves without public assistance. My father supported a family of 4 as a factory worker and a lumber yard tool salesman, and I went to college at the same time.

Yup, as you said, -as long as you can exploit them.

Then why do we have such rampant racism?

Yup, war that takes control of oil resources is bad for capitalism, huh? This has been one of the major reasons/"benefits" of war.

Politicians work mainly for top capitalists. We've already established that.

Right. Corporations and corporate interests have nothing to do with capitalism. And I have a bridge I'd like to sell you.

 

No, it's a system that is designed to make something at the lowest price possible, with the most profit possible, while paying the highest wages possible.

Name a country, past, present or future, that has had a more positive and successful economic model than the US.

The economic prosperity in the US has only begun to suffer as more and more of your socialist ideas have been implemented. Things like NAFTA, unions and the "war on poverty" have done nothing but move the middle class into poverty.

 

that wouldn't eliminate it. It is part of human nature the only way to eliminate it is exterminate humans.

if a civil and honest discussion on this means that we ignore all setelah Therrien regimes and their behavior I'm not interested. Every time Socialism or communism has been tried it has failed.

we can't see that it doesn't work if it hasn't happened. Further it works better than anything else.

>>>>MOD EDIT Off Topic Removed<<<

that supports my argument not yours. If you could do that why can't everyone else?

I don't.

yes it's bad for capitalism. The wars in the middle East have been fought by corporatism not capitalism.

You may have established that but I disagree. Politicians work for large corporations. These corporations want limits placed on the market to give them an upper hand. That would be the opposite of a free market and thus not capitalism.

That's right. They don't when they pay off politicians to place legal controls on the market. That would mean the market isn't free thus not capitalism.

I have no need for one thanks.

 

"Why can't capitalism stop its excesses, greed, and other damaging characteristics?"
The alternative is even worse, that's why.

 

Yes, capitalism is the worst possible economic system in existence . . . except for all others. Those Marxist college professors really have done a number on the heads of their students.

 

Yes.

 

And it rebuilt Germany, much of Europe, and Japan after WWII. EVIL capitalism!

 

Annnnnnnnd gave pampered spoiled leftists the ability and means to spit on capitalism while enjoying ALL the fruits of capitalism. Nobody notices any leftists burning their computers like they are -- oh so willing -- to burn the flag and embrace Marxism. Go figure. Oh and as for Marxism, notice that China did not become competitive until it embraced capitalism and notice that the Soviet Union died because it refused to embrace capitalism in time to save itself. Just what in the hell ARE leftists being taught in college?

 

Orrrrrrrrrrrr . . . the OP author could conduct a real study of what life was like in the Soviet Union rather than just blindly swallow whatever bilge his or her Marxist history professors presented. There were block long lines for toilet paper and their automobiles were to die for; meaning it was worth your life to drive one even if you could pull enough strings to get one of them. Or we could examine socialism instead. Venezuela anyone?

 

Not true. Capitalism defends itself with claims of "best product at the lowest price" but actual facts of history prove that is just textbook theory in defense of an exploitive system of private profit. Even the S.C. ruled that the first responsibility of a corporation is to maximize profits.

Even the state capitalism of the USSR when it was trying to create a socialist economy had the world's highest rate of growth between 1917 and 1985. Now go ahead and "oppose" this by spinning to gulags and suppression of resistance even though it has no connection.

...-which has coincided with increased oppression and economic hardship, increased inequality and increased oppression. But even in this you are completely wrong. The New Deal benefitted the economy greatly even while the right fought from the start to end every New Deal measure it could. And starting back in the 1970s at least, attacks on unions, welfare, food stamps, pension plans, and many other "socialist ideas" advanced and reduced all these things to where the 25% of workers belonging to unions has been reduced to 7% and pension plans are not being created any longer but are being converted to various types of worker-managed and contributed plans beginning with IRAs and then 401k plans and their cousins, like 403b plans. So your claim of "more and more socialist ideas" is pure BS.

 

Better yet, why can't socialism or communism do the same?

 

All economic systems do this. Ever seen Schindlers list? Ever read about the excesses of the party elite in China or the Soviet Union?

 

Baloney. it's not a problem in Arizmendi Bakery, Community Builders Cooperative in Massachusetts, or the Mondragon Corporation in Spain. You're very uninformed.

What is "setelah"? So what you're saying is that you really don't want to know any facts that might alter your thinking. Got it. And BTW, socialism has never been tried anywhere. There have been attempts to establish it on a national scale but it has never yet succeeded, so it has never yet existed. And communism (classless society after the state has "withered away") has never existed anywhere either.

So your "pure" capitalism has never happened, but "it works better than anything else"?????? LOL!!!! Do you see the logical fallacy in that statement?

Good standard right wing attack as a "refutation". You say I don't have a livable wage and am "mentally incapacitated" although you know nothing about me. That's despicable.

Ah! So in your world, everything is static since the 1950s and 60s. Income inequality has not changed, the number of people receiving public assistance has not changed, the minimum wage has kept up with inflation, the richest 1% don't own a larger share of wealth, and on and on and on. Can you at least try to be reasonable?

W E A K !!!!! LOL!!!!!!

This is one reason the right is so dreadfully bankrupt of ideas. To defend capitalism they have no choice but to declare that capitalism doesn't exist and that no business is therefore capitalist. Then to defend that gross distortion they have to redefine capitalism and say it's not mainly about private ownership for private profit. But if it's not, the right would have no hope of an argument against socialism other than pointing to systems that weren't socialism as "examples" of socialism. And when I offer to discuss socialism with civility, you bow out and reject all facts in favor of your brainwashed propaganda. Sad.

Riiiiiiiight. Textbooks designed to defend an impossible, impractical theory tell the truth and private profiteers lie. Got it.

More detached, irrelevant, useless textbook theory.

 

How do you know? WHAT "alternative"?