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Confused by (so called) "capitalism"

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  • S Offline
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    Super Lloyd
    wrote on last edited by
    #1

    May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

    My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

    K P R G B 17 Replies Last reply
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    • S Super Lloyd

      May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

      My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

      K Offline
      K Offline
      KillBot Project
      wrote on last edited by
      #2

      Capitalism promotes innovation moreso than any other system, I don't think we would live in the world we live in today without it. It's a strong driving force.

      S 9 J 3 Replies Last reply
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      • K KillBot Project

        Capitalism promotes innovation moreso than any other system, I don't think we would live in the world we live in today without it. It's a strong driving force.

        S Offline
        S Offline
        Super Lloyd
        wrote on last edited by
        #3

        I am confused because... there are many conflicting thing that people call capitalism, they can't all be!

        My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

        M 1 Reply Last reply
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        • S Super Lloyd

          I am confused because... there are many conflicting thing that people call capitalism, they can't all be!

          My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

          M Offline
          M Offline
          Maximilien
          wrote on last edited by
          #4

          A lot of people confuse Libertarism[^] with capitalism. A lot of people confuse communism with socialism. When one is sooooo entrenched in his own definition of his way of life that he loose all sense of reality and more importantly judgement and rationality.

          I'd rather be phishing!

          S S 2 Replies Last reply
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          • S Super Lloyd

            May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

            My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

            P Offline
            P Offline
            PIEBALDconsult
            wrote on last edited by
            #5

            Super Lloyd wrote:

            capitalism has proved itself to be the only viable economic system

            Want to try that at home? Capitalism only works on the large scale. Communism only works on the small scale. As to taxes the rest of what you ask; I dunno. P.S. I just finished reading the first of those. I laughed a bit at " (Note the power of motivation centered on equity-building instead of the fear of loss of employment.) " (regarding ESOPs) It can still be a fear of loss of employment; perhaps even moreso because so much more can be lost. Loss of a low-paying job is a smaller loss than loss of a high-paying job. With so few ESOPs, can you really get a job at another? Will you need to relocate? I worked for an employee-owned company for a few years and everyone there seemed frantic about putting every last available penny into the company and worried about what would happen if they lost their jobs. It was ridiculous.

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            • M Maximilien

              A lot of people confuse Libertarism[^] with capitalism. A lot of people confuse communism with socialism. When one is sooooo entrenched in his own definition of his way of life that he loose all sense of reality and more importantly judgement and rationality.

              I'd rather be phishing!

              S Offline
              S Offline
              Super Lloyd
              wrote on last edited by
              #6

              Thanks hey! :)

              My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

              1 Reply Last reply
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              • S Super Lloyd

                May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

                My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                R Offline
                R Offline
                Ravi Bhavnani
                wrote on last edited by
                #7

                Super Lloyd wrote:

                Confused by (so called) "capitalism"

                What's so confusing about .ToUpper()? ;P /ravi

                My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

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                • R Ravi Bhavnani

                  Super Lloyd wrote:

                  Confused by (so called) "capitalism"

                  What's so confusing about .ToUpper()? ;P /ravi

                  My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

                  G Offline
                  G Offline
                  Garth J Lancaster
                  wrote on last edited by
                  #8

                  +5 Ravi !!

                  1 Reply Last reply
                  0
                  • R Ravi Bhavnani

                    Super Lloyd wrote:

                    Confused by (so called) "capitalism"

                    What's so confusing about .ToUpper()? ;P /ravi

                    My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

                    P Offline
                    P Offline
                    PIEBALDconsult
                    wrote on last edited by
                    #9

                    It's just too liberal in its approach.

                    1 Reply Last reply
                    0
                    • R Ravi Bhavnani

                      Super Lloyd wrote:

                      Confused by (so called) "capitalism"

                      What's so confusing about .ToUpper()? ;P /ravi

                      My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

                      S Offline
                      S Offline
                      Super Lloyd
                      wrote on last edited by
                      #10

                      Good one! ^^

                      My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                      1 Reply Last reply
                      0
                      • S Super Lloyd

                        May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

                        My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                        G Offline
                        G Offline
                        GenJerDan
                        wrote on last edited by
                        #11

                        Capitalism is an economic system. Socialism is a political system. They are not mutually exclusive...in the short run. In the long run, not so much. Communism is the ultimate end-point of socialism, if people decide they want to keep the Socialist system going. It embodies both the economic and political. (Countries are too large to effectively leave the "means of production" in the hands of the workers. On a small scale, it should work just fine.) Yeah, this is a simplistic explanation. Lounge post, not Masters thesis.

                        YouTube and My Mu[sic], Films and Windows Programs, etc.

                        S 1 Reply Last reply
                        0
                        • S Super Lloyd

                          May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

                          My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                          B Offline
                          B Offline
                          BillWoodruff
                          wrote on last edited by
                          #12

                          if(Discussion.ContainsBitwise(DiscussionTypes.Political | Disucssion.Types.Ideological) { Discussion.Move(CP.Forums.SoapBox); return; }

                          Google CEO, Erich Schmidt: "I keep asking for a product called Serendipity. This product would have access to everything ever written or recorded, know everything the user ever worked on and saved to his or her personal hard drive, and know a whole lot about the user's tastes, friends and predilections." 2004, USA Today interview

                          G M 2 Replies Last reply
                          0
                          • S Super Lloyd

                            May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

                            My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                            L Offline
                            L Offline
                            Lost User
                            wrote on last edited by
                            #13

                            Super Lloyd wrote:

                            May people say (to summarize) "capitalism has proved itself to be the only viable economic system"
                             
                            Let say I kind of agree with that statement.

                            Which is, of course, incomplete as well as incorrect. Which form of capitalism are we talking about? The anglosaxon version, the so-called Reaganomics? Or the Rheinlandic model of capitalism? ..and what did we have "before" capitalism? :)

                            Super Lloyd wrote:

                            This "pro capitalist" people seems to think that capitalism is anarchy.

                            The anglo-saxon form of capitalism resembles indeed anarchy. It's the "right of the strongest", with the amount of capital determining relative strength.

                            Super Lloyd wrote:

                            Speaking of which is there a name for the political system favouring the rule of law

                            You're mixing politics and economics. I'd say democracy might work, but only if the voters can make an informed decision (not just a vote for popularity) Law itself is always just the list of rules that the ruling group defines. Paper is patient, and laws did not help prevent a financial melt-down.

                            Bastard Programmer from Hell :suss: If you can't read my code, try converting it here[^]

                            S 1 Reply Last reply
                            0
                            • B BillWoodruff

                              if(Discussion.ContainsBitwise(DiscussionTypes.Political | Disucssion.Types.Ideological) { Discussion.Move(CP.Forums.SoapBox); return; }

                              Google CEO, Erich Schmidt: "I keep asking for a product called Serendipity. This product would have access to everything ever written or recorded, know everything the user ever worked on and saved to his or her personal hard drive, and know a whole lot about the user's tastes, friends and predilections." 2004, USA Today interview

                              G Offline
                              G Offline
                              Gary R Wheeler
                              wrote on last edited by
                              #14

                              Obligatory style pedantry:

                              MoveResult result = default(MoveResult);
                              if ((Discussion.Type & (DiscussionTypes.Political | DiscussionTypes.Ideological)) != 0)
                              {
                              result = Discussion.Move(CP.Forums.SoapBox);
                              }
                              return result;

                              Software Zen: delete this;

                              1 Reply Last reply
                              0
                              • S Super Lloyd

                                May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

                                My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                                F Offline
                                F Offline
                                Franc Morales
                                wrote on last edited by
                                #15

                                Isn't it a fallacy to claim that small government and anarchy are the same thing?

                                B 1 Reply Last reply
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                                • L Lost User

                                  Super Lloyd wrote:

                                  May people say (to summarize) "capitalism has proved itself to be the only viable economic system"
                                   
                                  Let say I kind of agree with that statement.

                                  Which is, of course, incomplete as well as incorrect. Which form of capitalism are we talking about? The anglosaxon version, the so-called Reaganomics? Or the Rheinlandic model of capitalism? ..and what did we have "before" capitalism? :)

                                  Super Lloyd wrote:

                                  This "pro capitalist" people seems to think that capitalism is anarchy.

                                  The anglo-saxon form of capitalism resembles indeed anarchy. It's the "right of the strongest", with the amount of capital determining relative strength.

                                  Super Lloyd wrote:

                                  Speaking of which is there a name for the political system favouring the rule of law

                                  You're mixing politics and economics. I'd say democracy might work, but only if the voters can make an informed decision (not just a vote for popularity) Law itself is always just the list of rules that the ruling group defines. Paper is patient, and laws did not help prevent a financial melt-down.

                                  Bastard Programmer from Hell :suss: If you can't read my code, try converting it here[^]

                                  S Offline
                                  S Offline
                                  Super Lloyd
                                  wrote on last edited by
                                  #16

                                  Eddy Vluggen wrote:

                                  Law itself is always just the list of rules that the ruling group defines. Paper is patient, and laws did not help prevent a financial melt-down.

                                  The rule of laws as opposed to the whim of the powerful. England is a Monarchy, yet the queen can't detain someone for no reason on a whim. On the other hand they do it in the US (detain people on a whim) so they have definitely left the rule of law and started to slide into (slight) dictatorship! :omg:

                                  My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                                  L 1 Reply Last reply
                                  0
                                  • S Super Lloyd

                                    Eddy Vluggen wrote:

                                    Law itself is always just the list of rules that the ruling group defines. Paper is patient, and laws did not help prevent a financial melt-down.

                                    The rule of laws as opposed to the whim of the powerful. England is a Monarchy, yet the queen can't detain someone for no reason on a whim. On the other hand they do it in the US (detain people on a whim) so they have definitely left the rule of law and started to slide into (slight) dictatorship! :omg:

                                    My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                                    L Offline
                                    L Offline
                                    Lost User
                                    wrote on last edited by
                                    #17

                                    Super Lloyd wrote:

                                    The rule of laws as opposed to the whim of the powerful.

                                    The laws are usually dictated by the powerfull.

                                    Super Lloyd wrote:

                                    England is a Monarchy, yet the queen can't detain someone for no reason on a whim.

                                    It's not exactly a monarchy any more. And I'd point to corporations being "the powerfull" these days.

                                    Bastard Programmer from Hell :suss: If you can't read my code, try converting it here[^]

                                    1 Reply Last reply
                                    0
                                    • S Super Lloyd

                                      May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

                                      My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                                      M Offline
                                      M Offline
                                      Marc Clifton
                                      wrote on last edited by
                                      #18

                                      The economic model and the political model and the labels they are given are irrelevant. In any system, you will find people that abuse it, and until we, as humanity, mature enough to stop being abusive, all of those systems will eventually degrade into corruption, regardless of how many checks and balances (laws, etc) are put into place, which merely leads to the second condition of a degraded model, that being over-complexity. Marc

                                      Unit Testing Succinctly

                                      S S 2 Replies Last reply
                                      0
                                      • S Super Lloyd

                                        May people say (to summarize) "capitalism has proved itself to be the only viable economic system" Let say I kind of agree with that statement. Then they go on saying we should abolish tax, promote small government, blah blah, .. here I loose the plot.. This "pro capitalist" people seems to think that capitalism is anarchy. Yet anarchy has never happened and it has never been validated by past success (guess what? tax in the US were higher in the 50s). In a word I think there is a very big fallacy running around people where people attribute past success of A (what I think is capitalism) to B (which is Anarchy, and has obviously no links with past success except for the renaming) and go on promote B (Anarchy) because it is supposedly successful like A (free enterprise, rule of law) this article made everything clear! :) http://progressiveliving.org/economics/capitalism_socialism_communism.htm[^] Further this one elaborate nicely on common confusions.. http://www.nolanchart.com/article4246-socialism-and-capitalism.html[^] Anyhow while I wanted to rename my political affiliation as "socialist capitalist" I think I would have to change (to avoid confusion) into "free entrepreneur rules of law socialist" less ambiguous! Speaking of which is there a name for the political system favouring the rule of law (as opposed to the will of despot) and private property and free enterprise (as government ownership)???

                                        My programming get away... The Blog... DirectX for WinRT/C# since 2013! Taking over the world since 1371!

                                        M Offline
                                        M Offline
                                        Mladen Jankovic
                                        wrote on last edited by
                                        #19

                                        Your love for law seem rather strange and displaced judging by your inability to follow one simple rule of this board and then you dare to judge other's people opinions. :doh:

                                        GALex: C++ Advanced Library for Genetic Algorithms

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                                        0
                                        • M Marc Clifton

                                          The economic model and the political model and the labels they are given are irrelevant. In any system, you will find people that abuse it, and until we, as humanity, mature enough to stop being abusive, all of those systems will eventually degrade into corruption, regardless of how many checks and balances (laws, etc) are put into place, which merely leads to the second condition of a degraded model, that being over-complexity. Marc

                                          Unit Testing Succinctly

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                                          S Houghtelin
                                          wrote on last edited by
                                          #20

                                          Sadly, I have to agree. I hardly think that most political systems are by intent, designed to hurt people or prevent people from being successful. It is the despots, the greedy and the selfish who ruin it for everyone else.

                                          It was broke, so I fixed it.

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