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| | #121 (permalink) | |
| Registered User Join Date: Mar 2007
Posts: 809
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| | #123 (permalink) | |
| Registered User Join Date: Mar 2007
Posts: 809
| Quote:
Basically the problem is the goverment adheres to laissez-faire economics right up until the point that the free market is about to "take care of business" which means letting companies run by shitty CEO's die. When that happens, Uncle Sam is standing there with interest rates and checks to prevent it. This sustains a market force which is not rational within the market..This perpetuates wage differences and exaggerates them beyond their typical "gap". This reduces the involvement of investors and creates an apathy towards oversight, which eventually leads to further irrationality in market value for certain kinds of labor. However, a collapse is inevitable. What is happening now is a delay, not a solution..If it goes on too long the pendulum will swing so far in compensation that we will go back to a Socio-economic system..Which is why its absolutely hilarious that people are defending this as "good old capitlism working right." No, this is capitalism with cancer..This is the invisible hand after its had weight attached to it..This is not capitalism. | |
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| | #124 (permalink) |
| Registered User Join Date: Mar 2007
Posts: 809
| Read what I am writing..If you can comprehend it you will understand how fucking dumb that comparison is. Your system is full of bullshit goverment interference staged on the skeleton of a true Neo-Liberal economic frame work. The free market is not being allowed to work as it should because assholes like you don't understand that there are good times and bad times within it, so the goverment prevents the bad times, making the situation worse. When that situation reaches a "breaking" point, your going to end up in, at best, an FDR socio-economic state, at worst, probably something more similar to communism. You could try and change things now, with ending goverment intervention and allowing for the collapse we know is coming. Limiting goverment spending down to life support only levels and taking the few years of "hard times" that we have coming to us. That would open the way for entrepreneurship, new economic revenue and a "trimming" of our economic fat. But no..People like you will continue on down this path while others shake their heads..So go forth, mass consumer, future follower of the new-marx/FDR that will come to "save" you when all hell breaks loose, go forth and you espouse this broken social-capitalism that you have been living in as "real" capitalism. Last edited by Lithose : 04-29-2008 at 02:02 PM. |
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| | #125 (permalink) |
| Sultan of Swingin on niggaz Join Date: Jul 2005 Location: killadelphia
Posts: 1,861
| oh heres something new... an internet armchair economist. listen up, adam smith... regurgitating info from your intro to macroeconomics class does not qualify you to lecture us to death with your anti bush bullshit propaganda. shut the fuck up and go back to analyzing the impact of the declining value of a gold piece on the WoW server of your choice. |
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| | #126 (permalink) | |
| Registered User Join Date: Mar 2007
Posts: 809
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Serious question. | |
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| | #128 (permalink) | |
| Registered User Join Date: Mar 2007
Posts: 809
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The results will be the same, the causes will be very different, which you might have gotten if you could read. | |
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| | #132 (permalink) |
| Mr. Personality Join Date: May 2005 Location: behind Jack's abdominal wall
Posts: 282
+22 Internets | America has gone through half a dozen economic catastraclysims. The first being in 1812 or 1816. Each has been the direct result of banks over extending credit and over valuing assets. This one is no different. The difference here though... is the fact the banks are being bailed out by the Fed on a massive scale. I guess the only real question is this: What's worse? Having no money, or having money that's not worth anything. |
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