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

Keynes was pro-capitalism. So was FDR.

 

But Keynes wasn't conservative. There's a reason that post-Keynesianism even looks radical today!

 

Nice to get an economic lesson from a poor country with 60% of our standard of living. If America is ravaged it is because liberals attempts to help people with tax dollars have created dozens of Chi-Raqs all across America.

 

the New Deal was obviously anti capitalist which is why there was no capitalist legislation and all anti-capitalist legislation.

 

And yet FDR famously said "I saved capitalism".

 

so?? he was an idiot who made no sense. He extended depression for 16 years that is hardly saving capitalism.

 

No he didn't. You just need to say nasty things about him because you're a rightie. It's strictly partisan finger pointing.

 

But of course, they actually didn't. FDR was not even president for the first three years of the Great Depression, and as YOUR OWN SOURCE shows, the economy boomed massively while he was president. Nominal GDP increased by a factor of four in just 12 years from the time Roosevelt became president to the last full year of his presidency:

Why do you do this to yourself?

 

if FDR's reign was not called the Great Depression what was it called?

 

And you pretend relevance? Let's have your FDR analysis, making sure you refer to economics for a change.

 

Gee I wonder why they called it The Great Depression? It should have been called the Great Boom- right?

 

China abandoned socialism but did not adopt capitalism. I have corrected you on this point many times, and you just keep repeating the same proved-false claims. Land is all still publicly owned in China, as it has been in Hong Kong for over 160 years, and that has been one of the keys to their prosperous economies: they don't have to support a rich, greedy, privileged, parasitic landowning class. Capitalism requires private ownership of land, so China and HK are not capitalist.

 

Hey, do you know anyone who thinks the Great Depression was not a Great Depression?

 

They called it the Great Depression because of what happened in the four years of the Hoover Administration before FDR became president. As YOUR OWN SOURCE showed so very clearly.

 

Capitalism got it there in ten years.

So you had to change your basis of comparison from 1928 to 1929 to make the relationship look different after I proved you wrong on your first claim. No surprises.

 

same with USA in a sense but still prices to own or rent prime land are about the same in NYC Hong Kong and Beijing so technicalities don't matter as long as market is allowed to set price.

 

I identify the relevant facts.

<yawn> The GDP numbers are more than enough economics for the likes of you. They speak for themselves.

 

Hehe. But there is a big difference between paying rent to the government and community that make the land valuable and paying it to a private parasite for doing nothing.

 

what claim did you prove wrong? You have been saying the Great Depression was not the Great Depression and I have disagreed. You again have taken the insane position just as you do about land

 

So you can't actually provide an economic analysis into the FDR period? Imperialist-lovers like you really have no relevance.

 

I've learned that providing it for YOU is a waste of effort.

ROTFL! The clown who thinks "economic analysis" consists of "valuing" firms as if labor were not available is accusing me of irrelevance??

 

This is inane dodge (but better than you getting excited over a rampant imperialist). Provide an economic analysis into the FDR period.

 

Your claim that the FDR administration was a period of economic stagnation.

That is a bald fabrication on your part. No surprises.

I have proved I am correct on both issues.

 

Refer to the nature of the FDR policies. Give macroeconomic detail to help us along!

 

Um, no. I am not here to fetch and carry at your bidding, sorry.