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Sorry if this discussion bores me. I started a thread on the historical failure of socialism and instead of trying to refute anything in that thread, the OP starts a completely new thread with the ridiculous title of "Capitalism Has Failed".
The OP finds it difficult to articulate his arguments, such as they are, so he posts links instead. It's obvious he lacks any background in economics.
Our economy is cyclical. Always has been, always will be. Every time the capitalist engine sputters, you will see idiots leap out and claim it's time to pursue an alternative socialist agenda! I don't have a problem with intelligent critics of capitalism who understand its inner workings and seek to curtail its excesses and correct its flaws - Keynes was one of them. I do have a problem with socialist-dirigiste assholes who hide in the bushes while the economy is steaming ahead and bide their time until the next recession, when they suddenly jump out and scream "ah ha, gotcha! - this proves capitalism doesn't work!" instead of explaining it is part of the normal cyclical dynamic by which a free economy pauses and rebalances itself, before surging ahead to ever-higher levels of wealth and output.
Who will be the next far-left opportunist asshole to follow in Rahm Emmanuel's footsteps when the economy experiences another temporary downturn?
"You never want a crisis to go to waste!"
I miss Milton Friedman! He could write and speak dense, quantitative economics with the best of his peers, then turn around and explain everything to the layman in simple, understandable terms. Even someone as clueless as Phil Donahue!
That video is now 40 years old. It pains and frustrates me that we have to keep replaying it over and over again. Socialists are like cockroaches. You can flush them down the toilet and they will swim back up.
As I said, I'm bored with hearing the same nonsense from the left. I'm tired of debunking idiots like Bernie Sanders who don't understand - and never had any desire to understand - simple economics and the historical, empirically proven lessons of Wealth Creation 101.
Sorry if this discussion bores me. I started a thread on the historical failure of socialism and instead of trying to refute anything in that thread, the OP starts a completely new thread with the ridiculous title of "Capitalism Has Failed".
This is Eccie - Political Forum. What do you expect? More fakeness!
The State of Kalifornia is headlong toward joining the N Korean peninsula in lights out!!
So what does the quoted article have to do with the abject economic failure of Socialist-
totalitarianism?
Nothing
Liberalism is a disease!!!
We need to charge the CDC to find a cure for these poor, mindless people
Venezuela, I hear its nice this time of year if you can find toilet paper or food.
Capitalism by its nature will only work by keeping out the Socialists , the poor fucking idiots of the world.
So you are actually throwing out some premise against capitalism using a link to a story about a perceived failure in a sector of the economy that is already one of the most over regulated and government controlled sectors out there. You are making the case for totally deregulating the energy sector with that story.
Do you have a coherent argument to make? Then make it! How does the California energy crisis of 2001, enabled by the clueless Gray Davis, reflect the failure of capitalism?
Go ahead. Don't be coy or cryptic. Educate us... in your own words!
Do you have a coherent argument to make? Then make it! How does the California energy crisis of 2001, enabled by the clueless Gray Davis, reflect the failure of capitalism?
Go ahead. Don't be coy or cryptic. Educate us... in your own words!
Well, hell's bells. If he were capable of that, don't you think he would have proffered his arguments in your nearby thread denigrating his religion?
The poor guy is still stinging from that. Why not let him rest up for the weekend?
Do you have a coherent argument to make? Then make it! How does the California energy crisis of 2001, enabled by the clueless Gray Davis, reflect the failure of capitalism?
Go ahead. Don't be coy or cryptic. Educate us... in your own words!
It's because he can't. Many of the links and "supposed" citations of capitalism failures are from the fact they we are not truly capitalist, just closer than much of the rest of the world.
Most of the failures that get cited with our "system" is from government overreach and control, not true capitalist actions. The government rigs the system and people are surprised, than call capitalism a failure and ask for more government control.
It's not capitalism failing, it government manipulation failing as it almost always does.
Well, hell's bells. If he were capable of that, don't you think he would have proffered his arguments...
Quote:
Originally Posted by eccielover
It's because he can't....
I'm just trying to figure how his mind works - or doesn't. He did bizarrely "link" communist North Korea's permanent lack of electricity with California's 2001 shortages. A wild and superficial analogy, to be sure, but can he develop whatever his point is further? Can he drill down and ask why, examine root causes, and understand differences? You may be right, he can't. But everyone deserves a chance, especially in their own thread.
Ugh!
