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Ron Paul before the Iraq war. Wise man see. Fools Rush in. I
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Ron Paul on Now With Bill Moyers - October 4, 2002 - Part I
Furthermore, it exploits people.
"They talk about the failure of capitalism, but where is the success of capitalist in Haiti, Latin America, Asia and Africa?"-Fidel Castro.
Nationalization means something is owned by the gov't, not by the people necessarily. Would you agree? 2. Why is gov't ownership better than private? 3. Please answer my original Q:
You stated capitalism kills people.
I asked why. You kinda touched on it, but not really.
Can you answer the question?
Please answer question 2. You still have not said anything more than you believe nationalized co.s are better than privately held ones.
The reason some people believe socialism is better is that people don't exploit other people, as a company owner would with his employees. But it is bull**** Instead of the welfare going to the people, It goes in to a corrupt system set in place to make it swell for a tiny political elite
capitalism is just one of the children of monetarism. monetarism itself isn't sustainable and has to crash every 25 to 40 years and produces lot of wars.
why?
- fractional reserve banking (money creation)
- perpetuate urge for new debitors, cos money=debt!
- and most improtant! mechanics of interest (that means how interests shuffles the money from 90% of the people to the 10%)
distinguish here: interest-earnings from interest-charges.
watch zeitgeist adddendum!
that means how interests SUCK IN the money from 90% of people to the richest 10%
But the basic idea that you save, you build capital, you create wealth, i see nothing wrong with!
But do we agree that the ills you have mentioned are the result of gov't intervention not unfettered free markets?
i have nothing against it, but it is not the end of the story. you've described the part of capitalist system which is called "real economy" (those are god guys). but in capitalism there is one (private) participant (central bank) who has the authority to provide the system with something you need to exchange goods and services, which is called money, so they have a god-like position
....
you need to learn about "money mechanics" to ...
see how pointless it is to discuss about communism and capitalism, 'cos they are both children of monetarismus (the main difference is: who decide how the loand money is to be spent, state or active participants)!
...
p.s.
watch zeitgeist addendum! the only thing that is not explained there is: how ineterest suck in the liquidity out of the system (real economy) to the elite which has extremly higher interest-earnings then interest-charges.
2. I've seen zeitgeist.
3. Central banks are all gov't institutions or government sanctioned institutions, right? They are not the result of free markets. Free markets would result in competing currencies, if one currency were regularly debased to the detriment of the population.
4. Perhaps you were being dramatic by saying "no difference between capitalism and communism". Communism is more oppressive and damaging to more people than capitalism.