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Is free market capitalism dead in both parties?

Discussion in 'BBS Hangout: Debate & Discussion' started by Invisible Fan, Jul 21, 2024.

  1. DonnyMost

    DonnyMost Member
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    commodities have been used as money across the globe for thousands of years

    this is a really stupid hill you're dying on
     
  2. adoo

    adoo Member

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    yip, with stupid comment such as



     
    #22 adoo, Apr 2, 2025
    Last edited: Apr 2, 2025
  3. DonnyMost

    DonnyMost Member
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    Not sure why you believe that a socialist policy like central control can operate on the capital system itself and still have capitalism. That's basically like saying up is down and down is up. Completely backwards.
     
  4. JuanValdez

    JuanValdez Member

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    Except that that's what we've been doing for the past century and calling it capitalism. You're asking for something more capitalist than capitalism.
     
  5. Invisible Fan

    Invisible Fan Member

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    Think of it this way, if corruption is inevitable, then at what size 500 employees...5,000...50,000, and are all companies corrupt after that threshhold?

    If not all large companies are corrupt, then we should pay attention to how they fight it whether through transparent governance, fair accounting, or other unknown magical beans.

    And we should also look into what keeps the corrupt companies corrupt despite heavier regulation and standards. I mean if the USDA or other agencies are run by former execs of that same industry and placed by lobbying groups of said agencies, then it doesn't matter how many more laws we add to "give teeth" to those agencies. It just makes newcomers harder to break through. That's probably why American automakers are eating **** right now.

    Too fat and lazy from corporate capture and large utility vehicle sales.
     
  6. Nook

    Nook Member

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    Yes - like late 2024 and 2025.

    If it works, expect the Democrats to ape it - because the parties copy what is successful.

    If you look at how historically the nativist periods of gone in US history - it isn't good from a prosperity standpoint.
     
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  7. Rocket River

    Rocket River Member

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    It's not the company size that corrupts
    Its the ability TO CORRUPT

    To paraphrase Chris Rock . . .they are as corrupt as their opportunities
    If a Ma and Pa shop is the only shop in town . .. they may have an uptick on it
    Make more profits

    Only Mechanice is town may charge 100$ for a oil change
    knowing that it will cost you 50$ to get to the next town to be charged 50$
    MAXIMIZE PROFITS that is all Capitalism cares about
    Human morality and Ethics are the guardrails
    You simply cannot legislate morals and ethics

    so we try to mitigate it . . .we not good at that
    Patent a car that runs on air . .. . only to have the oil companies buy it and sit on it . . .
    what can you do? That imo is corruption but others have other definitions of corruption

    Rocket River
     
  8. Invisible Fan

    Invisible Fan Member

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    At some point, lying and cheating only goes so far.

    It's not like there's only one way to make a flying car. A big reason why urban rail in the US has been DOA is because people looked to the government to do the big moves only for it to build more roads, more car infra, and support suburban sprawl. Light rail was then treated as a red headed stepchild that received crumbs for "one big contractor" to pull off. That's not really a measure of success for well planned state govs, the opposite of capitalism.

    Opportunities is a very mixed word. How it's used really is how one looks at things.
     
  9. Invisible Fan

    Invisible Fan Member

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    One of many.

    Don't forget to wipe your shoes from stepping on that shitpile.
     
  10. Rocket River

    Rocket River Member

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    Lying and Chearing gets your further than fair and honest . . .in a capitalistic society
    Honest Advertising would kill market share.

    High speed is a non starter because it has too many enemies
    Buses/ Vehicle/ Air planes / etc - These entrenched transportation methods
    are paying off politicians to keep it dead
    They use all sorts of tactics from over regulation to simply denying permits
    Every Industry have the giants that suppress competition
    and
    if that means suppressing innovation and enhancement and improvement of society ?? So be it
    It don't give a d*mn about society . .. PAY ME!!!

    Rocket River
     
  11. ThatBoyNick

    ThatBoyNick Member

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    Whether its cultural or structural (and it’s both) it should be attempted to be replicated if it’s massively successful at a gov, economic and human wellbeing level.

    Same thing for human health within Asian countries like Japan, Singapore, HongKong, structural and cultural components related to health should at least be attempted to be replicated.

    Blueprints for material improvement and relative excellence for humans are available, it’s not a total mystery and we should use that to our advantage in a democracy.
     
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  12. ArtV

    ArtV Member

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    Free Market turned out to be stolen ideas implemented with cheap labor and sold around the world.
     
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  13. adoo

    adoo Member

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    not sure you understand
    • what a country is
    • what capitalism is
    that captures the essence of fads like cryptos and tulips
     
    #33 adoo, Apr 2, 2025
    Last edited: Apr 2, 2025
  14. pirc1

    pirc1 Member

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    Free market capitalism is only accepted in this country when the US dominates the world trades. Since the 1980s the US have been on the decline as a world trade power, now it is a distance 2nd to China. China wants free trade now because they dominates world trade just like the US used to be. :)

    So it is not about free trade or protectionism, it is about who controls the trades.
     
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  15. adoo

    adoo Member

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    i wish that you'd stop lying.

    US has been the dominant economy power since WW2; the fight is for a distance second.

    the US dominates world trade because > 60% of global commerce is conducted using the US dollar


    the US economy is so strong, so dominate, that it has been the only country in history to be able to execute a full blown QE. all other can do is a half-azzed / piecemeal / incomplete QE; eg include
    • Japan
    • UK
    • China,
    • other
     
    #35 adoo, Apr 2, 2025
    Last edited: Apr 2, 2025
  16. pirc1

    pirc1 Member

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    I said trade power. are you saying US is the #1 trade power still? What doe the US sell to other nations?

    Do you think if the US is till selling everything from cars to electronics to ships etc. like it used to do in the 1950s and 1960s, there would be a calling from more protectionism?
     
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  17. adoo

    adoo Member

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    ur publicizing the fact that ur ill-informed

    do you even understand what a reserve currency is?

    you do understand that US sell its debts, no?

    Japan and China have been 2 of the top 3 buyers of US debt
     
    #37 adoo, Apr 2, 2025
    Last edited: Apr 2, 2025
  18. pirc1

    pirc1 Member

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    You think you are the only one who understand everything right?

    US is still the #1 power in the financial sector, but even that is starting to erode a little as the US keep on using sanctions regularly.
     
  19. Ziggy

    Ziggy QUEEN ANON

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    We accidentally turned our GOVERNMENT into the free market.

    The result being - our economy is crony state.
     
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  20. adoo

    adoo Member

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    i think you mean to say that the US currency is the de-facto global reserve

    ?

    if only you would give specifics
     

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