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Comments

  • HHuskyHHusky Member Posts: 20,354
    Houhusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    Swaye said:

    Houhusky said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    True, who can forget about well capitalism works in countries like North Korea, Venezuela, Cuba, Zimbabwe, or the Soviet Union. Capitalism thrives in regulation!!!
    I am dumbfounded at this guy. I also beat you by 53 seconds. "Heavy regulation is the engine of growth!" - said no economist ever
    Sure, obviously when I said regulation is necessary I was advocating criminalizing private industry, said no MBA ever.
    You should actually listen to the people you vote for
    You first.
    I love a booming economy. That's why I voted for Trump

    Biden's ban on fracking alone is an economy killer

    Despite it being a regulation
    One of the classic economic problems with the free market, identified by the most pro-capitalist econ faculty you can ever imagine--the UW econ and business faculty of the 1970s--is externalities. What, besides no regulation on fracking at all, are you advocating?
    There is nothing on earth that cant be regulated into the ground under the justification of "externality".... But that wasn't what you originally said...

    Maybe try again without the general "capitalism doesn't whither in the presence of regulation; it thrives."

    Here Ill do it for you... "Capitalism requires a delicate balance of free market individual liberty working in conjunction with regulation mostly around monopolies, individual property rights, and intellectual property. There are some cases where healthy debate and small regulations around specific, and limited, externalities should be implemented via the established legal process due to the particularly unbounded definition of externality and historical propensity of the State to collect power."

    If you are just inarticulately trying to say; "big business loves big government" I agree... but I dont think that is what you are saying...
    You mean there aren't just two camps? "Regulation Bad!" and "Regulation Good!"?

    You'll remind me when a TugCon ever did anything but celebrate all deregulation, won't you?

    It must piss you off that you have to (grudgingly) agree with me.
  • HHuskyHHusky Member Posts: 20,354
    SFGbob said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    And by "barely taxed" the Dazzler is referring to tax rate of 25%.
    Flat taxers are morons. You can get the tax code to incentivize and disincentivize all sorts of things when you're not a simpleton.
  • HHuskyHHusky Member Posts: 20,354

    HHusky said:

    SFGbob said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    And by "barely taxed" the Dazzler is referring to tax rate of 25%.
    Flat taxers are morons. You can get the tax code to incentivize and disincentivize all sorts of things when you're not a simpleton.
    The tax code is byzantine tyranny borne of complexity.
    "Tyranny". What was your effective tax rate this year?
  • NorthwestFreshNorthwestFresh Member Posts: 7,972
    pawz said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    I’m pretty much going to chin all your posts because of your sig.
    But did you?


    She’s a 5 without the tits and a 6 with them. Let’s see the belly and ass.
  • NorthwestFreshNorthwestFresh Member Posts: 7,972
    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    Who did you plagiarize this heap of bullshit from, Boris?
  • HHuskyHHusky Member Posts: 20,354

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    Who did you plagiarize this heap of bullshit from, Boris?
    Adam Smith.
  • HHuskyHHusky Member Posts: 20,354

    HHusky said:

    Houhusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    Swaye said:

    Houhusky said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    True, who can forget about well capitalism works in countries like North Korea, Venezuela, Cuba, Zimbabwe, or the Soviet Union. Capitalism thrives in regulation!!!
    I am dumbfounded at this guy. I also beat you by 53 seconds. "Heavy regulation is the engine of growth!" - said no economist ever
    Sure, obviously when I said regulation is necessary I was advocating criminalizing private industry, said no MBA ever.
    You should actually listen to the people you vote for
    You first.
    I love a booming economy. That's why I voted for Trump

    Biden's ban on fracking alone is an economy killer

    Despite it being a regulation
    One of the classic economic problems with the free market, identified by the most pro-capitalist econ faculty you can ever imagine--the UW econ and business faculty of the 1970s--is externalities. What, besides no regulation on fracking at all, are you advocating?
    There is nothing on earth that cant be regulated into the ground under the justification of "externality".... But that wasn't what you originally said...

    Maybe try again without the general "capitalism doesn't whither in the presence of regulation; it thrives."

    Here Ill do it for you... "Capitalism requires a delicate balance of free market individual liberty working in conjunction with regulation mostly around monopolies, individual property rights, and intellectual property. There are some cases where healthy debate and small regulations around specific, and limited, externalities should be implemented via the established legal process due to the particularly unbounded definition of externality and historical propensity of the State to collect power."

    If you are just inarticulately trying to say; "big business loves big government" I agree... but I dont think that is what you are saying...
    You mean there aren't just two camps? "Regulation Bad!" and "Regulation Good!"?

    You'll remind me when a TugCon ever did anything but celebrate all deregulation, won't you?

    It must piss you off that you have to (grudgingly) agree with me.
    There's a million examples among smarter posters in the Tug of explaining the need for reasonable regulations.

    But now that your ovaries are tied up in a bunch, it's not worth the effort it would take to show you.

    Maybe when you're off the rag.
    Turd could do it. He just doesn't want to.
  • SFGbobSFGbob Member Posts: 31,942
    HHusky said:

    SFGbob said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    And by "barely taxed" the Dazzler is referring to tax rate of 25%.
    Flat taxers are morons. You can get the tax code to incentivize and disincentivize all sorts of things when you're not a simpleton.
    Which does nothing to address your fucking lie about people here are advocating for a "barely taxed" completely unregulated form of Capitalism. But I hope your strawman ass fuck makes your feel better Dazzler.
  • HHuskyHHusky Member Posts: 20,354
    SFGbob said:

    HHusky said:

    SFGbob said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    And by "barely taxed" the Dazzler is referring to tax rate of 25%.
    Flat taxers are morons. You can get the tax code to incentivize and disincentivize all sorts of things when you're not a simpleton.
    Which does nothing to address your fucking lie about people here are advocating for a "barely taxed" completely unregulated form of Capitalism. But I hope your strawman ass fuck makes your feel better Dazzler.
    25% for everyone is barely taxed for the most well off of us. We're not heavily taxed now.
  • SFGbobSFGbob Member Posts: 31,942
    HHusky said:

    SFGbob said:

    HHusky said:

    SFGbob said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    And by "barely taxed" the Dazzler is referring to tax rate of 25%.
    Flat taxers are morons. You can get the tax code to incentivize and disincentivize all sorts of things when you're not a simpleton.
    Which does nothing to address your fucking lie about people here are advocating for a "barely taxed" completely unregulated form of Capitalism. But I hope your strawman ass fuck makes your feel better Dazzler.
    25% for everyone is barely taxed for the most well off of us. We're not heavily taxed now.
    Who said 25% for everyone my strawman ass fucking Kunt of friend? Taxing anyone at 25% isn't "barely taxing" them. You're a stupid as you are dishonest Dazzler.
  • HHuskyHHusky Member Posts: 20,354
    SFGbob said:

    HHusky said:

    SFGbob said:

    HHusky said:

    SFGbob said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    And by "barely taxed" the Dazzler is referring to tax rate of 25%.
    Flat taxers are morons. You can get the tax code to incentivize and disincentivize all sorts of things when you're not a simpleton.
    Which does nothing to address your fucking lie about people here are advocating for a "barely taxed" completely unregulated form of Capitalism. But I hope your strawman ass fuck makes your feel better Dazzler.
    25% for everyone is barely taxed for the most well off of us. We're not heavily taxed now.
    Who said 25% for everyone my strawman ass fucking Kunt of friend? Taxing anyone at 25% isn't "barely taxing" them. You're a stupid as you are dishonest Dazzler.
    So you want just a top rate of 25%? The middle class will get to make up the difference. The poor don't have the money.
  • HHuskyHHusky Member Posts: 20,354

    HHusky said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Not even the Chinese would agree with you.
    China is your example of unfettered capitalism?

    Good luck with that.
    Who said unfettered? The point is that even Communist China can thank countless ventures into capitalism for boosting nearly a billion people into the middle class.
    Perhaps you missed the TugCon memo. When they say capitalism, they're talking laissez-faire. Anything less is socialism.
    But capitalism is laissez-faire. That is its intellectual essence. Of course we make exceptions and dabble in socialist policy (and of course when we do that it's almost always fraught with inefficiency, but that's another chat). But to support capitalism is to support liberty and freedom for markets to work things out. Regulation is necessary on the margins. Most people acknowledge that. But it's always a question of degree and necessesity. In the end, though, to believe in capitalism is to believe in allowing markets to work as free from external interference as possible.
    The argument was that "entire societies" are lifted out of poverty by capitalism, which you agree means virtually unrestrained capitalism. You can make an argument that you want unrestrained capitalism despite its harsher effects, but you cannot make the argument that it lifts entire societies out of poverty. It does not do that.
  • HHuskyHHusky Member Posts: 20,354
    SFGbob said:

    HHusky said:

    SFGbob said:

    HHusky said:

    SFGbob said:

    HHusky said:

    SFGbob said:

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    And by "barely taxed" the Dazzler is referring to tax rate of 25%.
    Flat taxers are morons. You can get the tax code to incentivize and disincentivize all sorts of things when you're not a simpleton.
    Which does nothing to address your fucking lie about people here are advocating for a "barely taxed" completely unregulated form of Capitalism. But I hope your strawman ass fuck makes your feel better Dazzler.
    25% for everyone is barely taxed for the most well off of us. We're not heavily taxed now.
    Who said 25% for everyone my strawman ass fucking Kunt of friend? Taxing anyone at 25% isn't "barely taxing" them. You're a stupid as you are dishonest Dazzler.
    So you want just a top rate of 25%? The middle class will get to make up the difference. The poor don't have the money.
    You could always cut spending and live with in your means of what a 25% tax rate would provide. I want limited government. Unlike you I'm a real conservative and not a fucking fraud like you.
    I'd do fine in your system and my tax cut would be enormous. But being conservative also means living in hard-headed reality. Limited government isn't ever coming back. Maybe you'd still want small government even if you could foresee what it would necessarily mean, and I'd love to know which entitlements you advocate we default on. But 90% of Daddy's base would run like Hell from your small government. So short of your vision being imposed upon us by an outside force, it isn't happening.

    I'd like to be able to fly unassisted, but I don't pretend or base my politics in anticipation that it will ever happen.
  • HHuskyHHusky Member Posts: 20,354
    edited September 2020

    HHusky said:

    HHusky said:

    pawz said:

    HHusky said:

    Time to suggest equal time for the other side?

    Absolutely. Our kids NEED to know how capitalism raises entire societies out of poverty better than any other system - AINEC.
    Capitalism doesn't raise entire societies out of poverty. Capitalism's biggest fans don't make that argument. Didn't any of you girls take any economics courses?

    Anyway, the converse of Black Lives Matter is that they don't.
    Then what does?

    And, in fact capitalism’s biggest fans, indeed even its intellectual antithesis, say otherwise. Even Marx acknowledged capitalism’s unique ability to reduce and often entirely limit, scarcity.

    Interested in your serious response here.
    Regulated capitalism with progressive taxation can do it, but that's not what the TugCon universe is preaching. Unregulated, barely taxed capitalism is their ideal, and that does NOT lift "entire societies out of poverty". As every economist worth a damn knows, unregulated capitalism explodes like a diesel engine without a governor.

    The funny thing is, the die hard anarcho-capitalists here think capitalism is fragile. But capitalism doesn't whither in the presence of regulation; it thrives. It does so because it is vital and it can harness human motivations to increase wealth for a society, but not without taking its classic problems into account as well.
    I responded to another one of your posts, and that response applies equally here. Even purists would probably agree with some amount of regulation. For example, capital markets need oversight. It's basic law enforcement, really. Without regulatory protection from fraud, market participants would have little faith in capital markets. If that were to happen on a large scale, capital aggregation wouldn't exist as we know it today and we'd not have the economy and the plethora of goods and services that we presently enjoy. So there's that level of regulated capitalism.

    The problem is one of degree. Serious voices here would engage in a reasonable discussion about the right kinds and degrees of regulation. But they are correct in noting that there has been a tectonic shift in the number of people who sincerely think we ought to junk our capitalist system and revisit hte concept of private property and wealth distribution. I see it on social media and directly from those I know who are in their 20s and early 30s. They are convinced capitalism has run its course and that it's time for a new system. They have no idea the privileged (true "privilege"; not made-up privilege) position from which they make those assertions, and they have even less idea of how life would look and feel for them under the yoke of a different system.

    I don't love capitalism for its own sake. I love it because it works at this particular epoch in human history. We haven't come up with anything better. We may, and probably will, evolve from it to something even better; but that will be a long time in coming IMO. Given where we are today, it's still the best system.
    People who want to ditch capitalism perceive it as not working for them and unlikely to work for them. Part of that is just youth, but the current 20 and 30 somethings really do face a much tougher road than old goats like me did. People on this board paid less than $1,000 a year in college tuition, for example; I'm one of them. Housing wasn't an unaffordable luxury either. And the youngsters aren't having any kids, which will have long term ramifications and should indicate to us that something has changed.

    Capitalism isn't really going away anytime soon, despite the sloganeering. But the rules favoring capital relative to labor have made it very unlikely that the young generation will ever come to have any affection for capitalism absent some course corrections and meaningful improvements to their lives. You know as well as I do that Communism got a toe hold in America during the 1930s. FDR's New Deal was very much intended to save capitalism. I'd like to acknowledge capitalism's shortcomings, and address them, without getting rid of it.
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