The problem of Capitalism

Discussion in 'Economics & Trade' started by stan1990, Mar 13, 2019.

?

Do you agree that the main problem of Capitalism is of moral nature?

Poll closed Apr 12, 2019.
  1. Yes

    33.3%
  2. No

    50.0%
  3. Maybe

    16.7%
  1. Reiver

    Reiver Well-Known Member

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    First, that's nonsense. There are plenty of heterodox journals, including ones sympathetic to Georgism. Second, you can't as you've just made a load of bobbins up. You can't support your position because it is guff.
     
  2. bringiton

    bringiton Well-Known Member

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    But as you know, I'm not a Georgist.
    No, I identified the relevant facts of objective physical reality and their inescapable logical implications.
     
  3. Reiver

    Reiver Well-Known Member

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    You have opinion that you cannot back up with any economic evidence. That's because your opinion isn't worth bob!
     
  4. bringiton

    bringiton Well-Known Member

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    I already backed it up, as you know.
     
  5. Reiver

    Reiver Well-Known Member

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    Please stop fibbing. I asked you repeatedly to give economic evidence in support. You've given none. Put it right if you can. Send over the DOIs or references...

    [None will be provided]
     
  6. crank

    crank Well-Known Member

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    No one is ever going to 'deliver market socialism'. Not as long as democracy still stands.

    Remove the freedom to collect, and you remove the social from the ism.
     
  7. Longshot

    Longshot Well-Known Member

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    So go ahead and start your own worker-owned firm.
     
  8. Longshot

    Longshot Well-Known Member

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    Theft of what thing, specifically?
     
  9. Reiver

    Reiver Well-Known Member

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    You have a peculiarly naive outlook. That might he encouraged by pandering to the right wing peanut gallery.

    If you were attempting to construct proper critique you would focus on feasibility. You would, for example, challenge the Austrian economic ideas embedded within market socialism. You would then attempt to compare with an anarchist alternative focused on removing hierarchy through cooperative means. Of course that's assuming you're a lefty and not just a right winger without any knowledge of economics ;)
     
  10. TedintheShed

    TedintheShed Banned

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    Hilarious, considering that I pegged him as an anarcho-Communists quite a while ago simply by asking him relevant question and not by commenting through looking down my nose at him.
    Then, he clarified his position and made the case.

    Try it sometimes. It really opens the line of communication.
     
  11. Reiver

    Reiver Well-Known Member

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    This amused me. When do anarcho communists just peddle supply side economics?
     
  12. TedintheShed

    TedintheShed Banned

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    He didn't. This was our conversation, irrelevant part snipped:

    To which I responded:

    To which he replied:

    There is an old joke:

    The point of the joke as related to this:

    My estimation is that your determination of his economic belief system went with very little genuine inquiry and more jumping to conclusions. If you wished to genuinely pursue conversation, you may have then started a line of questioning that actually went to the heart in the differences of your philosophy, which at my best estimation is the utilization of the free market within a voluntaryist system, that is based upon Marxist ideas. Instead of beginning with some pompous statement like "We know Marxism defines..." (which does little to drive a conversation forward, as illustrated by the joke) you should actually discuss the traits of a free market. The thing is, it is the perceived differences in these traits that drive the different economic schools. Instead of trying "left wing economics" and "right wing economic" perhaps you should just try "economics" because if you do not you inject your own bias into the study of the field, and usually without even knowing it.
     
  13. Reiver

    Reiver Well-Known Member

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    Crank has repeatedly referred to supply side economics. I appreciate you fellows look for exotic labels to try and disguise your homogeneity, but the application of right wing economics is in full knuckle drag.
     
  14. Longshot

    Longshot Well-Known Member

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    Because goods and services don't need to be supplied?
     
  15. TedintheShed

    TedintheShed Banned

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    As I said, he didn't in my conversation with him as quoted above

    So, this is precisely to which I was referring. You aren't interest interested in listening, only interested in dictating. You jump to conclusions. I doubt that you even read my previous post in it's entirety.

    I don't think it is "right wing economics" that "is in full knuckle drag" in these conversations, as I think it is a better description of your behaviour. You remain willfully ignorant. Like any other partisan hack on PF, conversing with you outside of your echo chamber is an exercise in futility.

    Can't say I didn't try though.
     
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  16. Longshot

    Longshot Well-Known Member

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    Some posters aren't really interesting in any sort of discussion of ideas. Pretty much just dedicated to jargon and pontification. No real thought.
     
    Last edited: Feb 16, 2020
  17. Reiver

    Reiver Well-Known Member

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    What a load of ramble! I can only go by their use of economics. It is just factual to note that supply side ecoonmics delivered neoliberalism. That guaranteed coercion towards inefficient Dickensian inequalities and a shift to inequalities in opportunity. To support such economics is not consistent with any left wing outlook. Of course its not also consistent with libertarianism, but that doesn't stop the yanks on here supporting such guff...

    Perhaps you need to brush up on your economics? You wouldn't be getting yourself in this untenable position where you indirectly support rentier capitalism ;)
     
  18. Longshot

    Longshot Well-Known Member

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    That would actually be rentier statism. Economic rents can only exists because of state interference with the market.
     
  19. stan1990

    stan1990 Active Member

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    Good comment. I agree with you on many points.
     
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  20. Reiver

    Reiver Well-Known Member

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    But what about the question? An alternative to capitalism?

    It arguably comes down to two forms of feasible alternative, anarchism or socialism. I go with the latter, given market socialism embraces the importance of the entrepreneur and also the importance of equality of opportunity. An approach which brings together Austrian Economics and Marxism has already achieved the seemingly impossible...
     
  21. Longshot

    Longshot Well-Known Member

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    The alternative to capitalism is totalitarianism.
     
  22. TedintheShed

    TedintheShed Banned

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    Within the conversation that crank and I had that I quoted in my previous post, where precisely did @crank refer to "supply side economics"?
     
  23. Reiver

    Reiver Well-Known Member

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    Why would I care about your conversation with crank? I'm referring to their use of economics. We can all play pretend with our "I am" titles. You do that yourself. This is about what economic comment reveals. That crank uses supply side economics informs me, without any doubt, that they aren't left wing. I know nothing about you, except that you hug right wingers more tightly than talking economics. Its as if you have something to hide...
     
    Last edited: Feb 16, 2020
  24. Longshot

    Longshot Well-Known Member

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    And you're not a fan of goods being supplied by producers?
     
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  25. TedintheShed

    TedintheShed Banned

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    Because I used probing questions to inquire about his actual belief system, instead of making invalid assumptions about it like you have.

    Now, please answer the question if you are able.

    You can not conclude what "economic comment reveals" unless to request clarification, otherwise you are making assumptions and jumping to conclusions.

    You may sling your back-handed insults and attack passive-agressively all that you wish, but that certainly is not economic content.

    If you wish to know my stance, all you need is to but ask proper, probing questions without innuendos and passive aggressive behaviours.
     
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