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+--- Thread: Capitalism has proved to be a complete FAILURE, how can we regroup and ensure a prosperous life for all? (/thread-45410.html)
- Douglas B - 11-27-2012 06:38 AM
I don't know that capitalism has been a failure, the government had a lot to do with what happened. But I think to get back out of this mess it's going to take the workers and companys working together to find solutions to their problems. It will give workers a say in what is happening and a better understanding of what it takes to even run a company and it's overhead. I think workers would be more inclined to do better work and the companys wouldn't have to worry about undo pressures for raises and benefits. If this depression lasts more than five yrears I wouldn't be surprised to see something like that happen.
- linlyons - 11-27-2012 06:38 AM
<<a prosperous life for all?>>
make sure the republicans don't get back in control.
however, capitalism is not a failure.
it is, in fact, a spectacular success.
it's not perfect, just as no system is perfect.
but when you compare what's happened in the US compared to most of the world (up until 20-30 years ago) capitalism pushed the US ahead of everyone.
want more proof? China.
BUT, don't confuse the governmental system (totalitarianism) with the economic system (capitalism as of today) and it's pretty obvious, with something like 10% annual growth, that capitalism works best.
- ALunaticFriend - 11-27-2012 06:38 AM
Capitalism failed? What part of our poor are still the top richest 5% in the world do you mean fail? What about having the most international companies do you mean fail? Prosperous is almost all of the Americans. We became the greatest country in the world in only 200 or so years of existence. Which other country has done that?
- e w - 11-27-2012 06:38 AM
Capitalism is what has given us the high standard of living that we enjoy.
The current problems are a result of government meddling in economics, and inaction to correct the situation, as Bush flatly refused to act at the beginning of the mortgage crisis, and he did nothing to try and reduce the soaring cost of oil.
This is a temporary setback, much like the crash of 1929, and things will eventually get better.
Socialism isn't the answer, as evidenced by the spectacular collapse of the Soviet Union and the Eastern European communist countries.
China has relaxed its stranglehold on its own people, moving towards a free market economy, and has made the greatest economic strides in its history.
And there will never be a "prosperous life for all," that's simply impossible. The poor will always be with us, some because of their inability to succeed in life, and others just because they are too lazy.
Socialism means that everyone is poor, except for the politicians who rule.
- n0k00laid - 11-27-2012 06:38 AM
I am sorry that we could not provide a better education system for you. It is clear that we failed you, by allowing the liberal indoctrination to take place.
Capitalism has not failed, it is merely under attack.
Do you really want a Society like the one that Hugo Chavez can provide for you?
Do you really want to make the same amount of money as the chump next to you who sits there doing his nails all day while you bust your tail with no hope of ever getting ahead?
Do you want to go all the way through med school so that you can work for a government wage and be forced to provide treatments that you object to?
Cmon Failure?
- Water Over Gold - 11-27-2012 06:38 AM
You seriously need to read a book.
The U.S. has a CENTRAL BANK (Federal Reserve).
We don't have free markets, therefore, those markets can't be capitalist.
We live in a corporate welfare state.
- LA_native_30 - 11-27-2012 06:38 AM
1. Regulate markets
2. Stop Borrowing against made up futures.
3. Take the health care burden away from employers.
4. Create a strong American product which we have gone away from.
5. reintroduce the trade tariff.
6. Make higher education affordable to the under and middle class.
7. Make news truly unbiased and straight forward.
- 8***L - 11-27-2012 06:38 AM
Capitalism has created the greatest country the world has ever seen - you call that failure?
Capitalism has given Americans the highest standard of living in the world - you call that failure?
Capitalism has caused Americans to donate the most money in the world - you call that failure?
Capitalism has caused people in poverty to become Billionaires - you call that failure?
Capitalism has let to more freedom and success than any other system in the world - you call that failure?
Government manipulation has caused recent economic events - your government and politicians are a failure.
Capitalism is the greatest success story the world has ever seen.
- David_the_Great - 11-27-2012 06:38 AM
No. You meant socialism. Capitalism is natural as nature. This is how humans were able to leave the stone age.
DTG
- irishmom91562 - 11-27-2012 06:38 AM
Excuse me? Capitalism hasn't failed at all. We have become a nation of enablers, and we are now paying the price for our ethically challenged citizens. While the most notable are at the top and their lack of ethics no less than theft, it's the vast numbers at the bottom that threaten our collapse.
It is impossible for "we" to ensure a prosperous life "for all." This is an INDIVIDUAL RESPONSIBILITY, not a COLLECTIVE ONE.
For example, if welfare recipients want to be more prosperous, here's a novel idea! How about getting up off your behinds and getting a job??
Why should you stay home all day when you are capable of working 40 hours a week, just like I do? If you don't like the fact that you lack the education and skill set needed for a job that pays more than minimum wage, DO SOMETHING ABOUT IT!! Stop looking around with your hand out to others who work their tails off trying to provide for their own families!!
Yes, it's long past time that our GOVERNMENT regroups and starts holding EVERYONE accountable, not just a select few. While Obama may want to hold elites responsible for everyone, he needs to acknowledge that it was HIS voting base who should not have been given mortgages, HIS voting base committing welfare fraud and refusing to work, HIS voting base bankrupting hospitals by failing to pay their bills and HIS voting base refusing to work and provide for themselves.
If it's to be, it's up to ME. That goes for every one of us. I for one am tired of bank rolling lazy people with some warped sense of "entitlement." That's total B.S.
Forget reparations. Try WORKING.