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REAL WORLD EVENT DISCUSSIONS
Why I Hate Capitalism
Wednesday, February 11, 2009 11:22 AM
SIGNYM
I believe in solving problems, not sharing them.
Quote:In mid-January after the national outbreak was tied to his company Parnell told Food and Drug Administration officials that his workers "desperately at least need to turn the raw peanuts on our floor into money." "What is virtually unheard of is for an entity to disregard those results and place potentially contaminated products into the stream of commerce," Deibel said.
Quote:Taxpayers are furious with big banks that benefited from the federal bailout designed to get credit moving again, but which also spent lavishly on executive bonuses, company retreats and office redecorating.
Quote:Merrill Lynch secretly moved up the planned date to allocate bonuses and then richly rewarded their failed executives," Cuomo stated.
Quote:Prosecutors say Luzerne County Judges Mark Ciavarella and Michael Conahan took $2.6 million in payoffs to put juvenile offenders in lockups run by PA Child Care LLC and a sister company, Western PA Child Care LLC. The judges were charged on Jan. 26 and removed from the bench by the Pennsylvania Supreme Court shortly afterward.
Wednesday, February 11, 2009 11:55 AM
AURAPTOR
America loves a winner!
Wednesday, February 11, 2009 12:10 PM
CHRISISALL
Quote:Originally posted by AURaptor: Greed is a HUMAN failure
Wednesday, February 11, 2009 12:15 PM
Wednesday, February 11, 2009 12:39 PM
WHODIED
Wednesday, February 11, 2009 12:47 PM
KIRKULES
Wednesday, February 11, 2009 12:58 PM
Quote:Originally posted by Kirkules: Rule of law is the foundation of a good Capitalist system.
Wednesday, February 11, 2009 1:16 PM
CITIZEN
Quote:Originally posted by AURaptor: Greed is a HUMAN failure, and can no way, what so ever be attributed only to capitalism.
Wednesday, February 11, 2009 1:21 PM
Quote:Originally posted by citizen: If Capitalism as a system promotes human failings that then lead to undermine it, it's hard to see how that can't be a systemic failure of capitalism.
Wednesday, February 11, 2009 2:18 PM
Wednesday, February 11, 2009 3:25 PM
KWICKO
"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)
Wednesday, February 11, 2009 3:30 PM
Quote:Originally posted by SignyM: If they paid their executives LESS, they might wind up with a better type of executive
Wednesday, February 11, 2009 4:54 PM
DREAMTROVE
Wednesday, February 11, 2009 5:00 PM
RUE
I have a vote and I'm not afraid to use it!
Thursday, February 12, 2009 3:37 AM
Quote:Originally posted by SignyM: Rapo... capitalism is NOT based on greed? --------------------------------- It's the end of the world as we know it, and I feel fine.
Thursday, February 12, 2009 3:40 AM
Quote:Originally posted by chrisisall: Quote:Originally posted by AURaptor: Greed is a HUMAN failureYes, and Capitalism (unregulated) facilitates it. Yes, I agree. The laughing Chrisisall
Thursday, February 12, 2009 4:19 AM
Quote:Can't blame capitalism for that.
Thursday, February 12, 2009 6:01 AM
GEEZER
Keep the Shiny side up
Quote:Originally posted by SignyM: If you have a system that is based on greed, that deems the greediest person to tbe the most successful, it is surprising that you develop a top echelon of the boundlessly, relentlessly greedy? Doesn't corruption naturally follow?
Quote:Capitalism and the wealth it produces do not create opportunity for everyone equally. We recognize that the gap between the rich and the poor is wider than at anytime since the 1920's.We strive to create economic opportunities for those who have been denied them and to advance new models of economic justice that are sustainable and replicable. By definition, the manufacturing of products creates waste. We strive to minimize our negative impact on the environment. The growing of food is overly reliant on the use of toxic chemicals and other methods that are unsustainable. We support sustainable and safe methods of food production that reduce environmental degradation, maintain the productivity of the land over time, and support the economic viability of family farms and rural communities. We seek and support nonviolent ways to achieve peace and justice. We believe government resources are more productively used in meeting human needs than in building and maintaining weapons systems. We strive to show a deep respect for human beings inside and outside our company and for the communities in which they live.
Thursday, February 12, 2009 7:09 AM
NEWOLDBROWNCOAT
Quote:Originally posted by dreamtrove: Sig, the banks are capitalist institutions. The peanut thing is not, it's just free enterprise,
Thursday, February 12, 2009 7:41 AM
Quote:Originally posted by NewOldBrownCoat: Don't be stupid. Free enterprise is the basis of all capitalism.
Thursday, February 12, 2009 7:50 AM
Thursday, February 12, 2009 7:53 AM
Quote:Originally posted by SignyM: Quote:Can't blame capitalism for that. Of course I can. And I do.
Thursday, February 12, 2009 7:56 AM
Thursday, February 12, 2009 8:05 AM
Quote:Originally posted by AURaptor: No, this guy really was a " bad guy" . Because he put the future of his plant and those who worked there at risk by KNOWINGLY shipping tainted product. That's not merely poor management, but negligence on a pathological level !
Quote:Originally posted by AURaptor: It'd be like giving a loaded gun to a toddler and saying.... " as long as he stays alive, we're ok ! "
Thursday, February 12, 2009 8:08 AM
Quote:Originally posted by AURaptor: Why should capitalism divi up the wealth equally when the risk isn't equally divided up either ? Those who start a business put far more into it and risk more than those who simply show up and work 9-5.
Thursday, February 12, 2009 8:13 AM
Thursday, February 12, 2009 8:15 AM
Quote:Originally posted by AURaptor: Human failings existed long , LONG before the concept of capitalism came about. It's silly to sugguset it facilitates that which was around so very long prior to its existence.
Thursday, February 12, 2009 8:22 AM
Thursday, February 12, 2009 8:25 AM
Thursday, February 12, 2009 8:29 AM
Thursday, February 12, 2009 8:30 AM
Quote:Originally posted by rue: "Why should capitalism divi up the wealth equally when the risk isn't equally divided up either ? Those who start a business put far more into it and risk more than those who simply show up and work 9-5." So, Billy Gates did so much work and took so much risk he earned his multiple billions ? Is that why he's considered the patron saint of capitalism ? At a cetain point you are more than compensated for any risk you took or any work you did. Let's take a look at Hewlett-Packard. Suppose you take a year off from your job to tinker in your garage. That's a year's worth of salary you've risked. Suppose you work night and day on your inventions. That's a year's worth of work you've risked. Suppose you borrow money. That's a loan's worth of risk. It seems that when you are compensated for those risks the balance sheet evens out and puts you on par with pretty much anyone else who does the work. *************************************************************** Silence is consent.
Thursday, February 12, 2009 8:31 AM
Thursday, February 12, 2009 8:32 AM
Quote:Originally posted by rue: To which work of fiction are you referring ? *************************************************************** Silence is consent.
Thursday, February 12, 2009 8:34 AM
Quote:Originally posted by AURaptor: Quote:Originally posted by chrisisall: Quote:Originally posted by AURaptor: Greed is a HUMAN failureYes, and Capitalism (unregulated) facilitates it. Yes, I agree. The laughing Chrisisall Key word " unregulated ". The peanut butter facility was regulated, and the dirt bag CEO still chose not to do the right thing. Can't blame capitalism for that. Human failings existed long , LONG before the concept of capitalism came about. It's silly to sugguset it facilitates that which was around so very long prior to its existence. It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager " They don't like it when you shoot at 'em. I worked that out myself. "
Thursday, February 12, 2009 8:37 AM
Quote:No, this guy really was a " bad guy" . Because he put the future of his plant and those who worked there at risk by KNOWINGLY shipping tainted product
Thursday, February 12, 2009 8:40 AM
Quote:Originally posted by AURaptor: Quote:Originally posted by rue: To which work of fiction are you referring ? *************************************************************** Silence is consent. It's called LIFE. Try it sometime. It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager " They don't like it when you shoot at 'em. I worked that out myself. "
Thursday, February 12, 2009 8:41 AM
Thursday, February 12, 2009 8:43 AM
Quote:Originally posted by SignyM: Quote:No, this guy really was a " bad guy" . Because he put the future of his plant and those who worked there at risk by KNOWINGLY shipping tainted product Pretty much like the banks loaned money on terms the borrowers couldn't afford and then created leveraged products which they sold for far more money than they were worth??? NAAAAAHHHHH.... No capitalist would be that stupid! Geezer: Ben&Jerry's versus Walmart. That's capitalism. --------------------------------- It's the end of the world as we know it, and I feel fine.
Thursday, February 12, 2009 8:45 AM
Thursday, February 12, 2009 8:53 AM
Thursday, February 12, 2009 8:54 AM
Quote:Originally posted by Kwicko: "Rap Facts"
Thursday, February 12, 2009 8:59 AM
Quote:Originally posted by AURaptor: Just so I get this straight. When ever I post a work of fiction so as to make a point, it's a bad thing. But when YOU do it, it's perfectly O.K. and legitimate ? Glad we've cleared that up.
Thursday, February 12, 2009 9:01 AM
Quote: Originally posted by AURaptor: Human failings existed long , LONG before the concept of capitalism came about. It's silly to sugguset it facilitates that which was around so very long prior to its existence.
Quote:And guns don't facilitate killing, because killings took place long before the gun was ever invented. You really don't see the holes in your loony-toon logic, do you, AU?
Thursday, February 12, 2009 9:22 AM
MALBADINLATIN
Quote:Originally posted by AURaptor: This has zero to do w/ Capitalism, silly. You got an amoral CEO, Banks which were given $$ by a 'Czar' that had no control over how the $$ was spent, Cuomo isn't anyone to talk about what happens on Wall Street, Madoff was crooked from the get go, and dirty judges. Greed is a HUMAN failure, and can no way, what so ever be attributed only to capitalism.
Thursday, February 12, 2009 9:26 AM
Quote:Originally posted by MalBadInLatin: Quote:Originally posted by AURaptor: This has zero to do w/ Capitalism, silly. For the love of God...I agree with Raptor
Quote:Originally posted by AURaptor: This has zero to do w/ Capitalism, silly.
Thursday, February 12, 2009 9:39 AM
Thursday, February 12, 2009 10:24 AM
Thursday, February 12, 2009 11:09 AM
Quote:Originally posted by rue: "Explain Ben & Jerry's, then. They're capitalists. Quote: 'Capitalism and the wealth it produces do not create opportunity for everyone equally.'" Hmmm - yes. They are capitalists who actually agree that capitalism has the very flaws SignyM was mentioning.
Thursday, February 12, 2009 11:36 AM
Quote:Originally posted by Geezer: I could probably find an example of this non-greedy type of capitalist for every Peanut Corporation of America version SignyM can find. A lot of capitalists, including many successful capitalists, aren't greedy. And greed isn't exclusive to the capitalist economic system either. Socialist and Communist factory managers have a history of forcing workers to produce shoddy and often unusable or dangerous goods so they can meet production quotas which have nothing to do with demand. They do this to get benefits and perks not available to their workers. In other words, they're greedy.
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