Moderator: Community Team

















thegreekdog wrote:pimpdave wrote:pimpdave wrote:I'm pretty sure you see unconstrained capitalism in the black market, like illicit drugs, etc.
There's no law against selling illegal drugs? Doesn't making the product illegal constrain the market?
jay_a2j wrote:hey if any1 would like me to make them a signature or like an avator just let me no, my sig below i did, and i also did "panther 88" so i can do something like that for u if ud like...







BigBallinStalin wrote:1) Your model is silly because it overlooks tremendous benefits.
2) Having an economy which remains responsive to consumer demand is a clear shift of power toward buyers. The "oligarchy," or rule of the few, becomes untenable in market economies--unless of course you narrow your scope of analysis by ignoring the tremendous benefits.
3) Considering (2), we must not confuse capitalism, or increased trade, or whatever you'll label it as, with government-backed monopolies, government-granted benefits to the wealthy, etc. Clearly, there's a difference between voluntary exchanges and rent-seeking. Clearly, there's a difference between capitalism and crony capitalism.
4) "Oligarchy" is a vague term. "Rule by the few." How few is few? Shall we set the number arbitrarily? How can we change the number across time, so that the "tendency to oligarchy" theory holds true? In ancient civilizations, very few had control over the people. Today, power is more distributed. Is it still "oligarchy"? Well, it depends on how ambiguous that word becomes. It also depends on the question "compared to what?"
pmchugh wrote:Your capitalism is another man's oligarchy. The power is concentrated in the rich, who unconstrained would only get richer and more powerful.
5) And "rule" is another key factor. With the rise of "basic human rights," can we admit that democratic governments are more constrained in their rule than medieval monarchies, tribal despots, and modern day autocracies? Sure, so now "rule" varies across time and place, so the "tendency to oligarchy" theory becomes less tenable.
Without any clear criteria, you can always point vaguely to the past and the present and declare, "oligarchy, oligarchy everywhere."























BigBallinStalin wrote:we must not confuse capitalism, or increased trade, or whatever you'll label it as, with government-backed monopolies
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
viewtopic.php?f=8&t=241668&start=200#p5349880












pmchugh wrote:I want to try and avoid any semantic or historical debate on the definition of Capitalism if possible, it really would be a boring discussion.
In my mind an anarchic capitalist society would not be immune from manipulation and control of the wealthy. If anything it could make the situation worse, if all services are provided by private entities then the richest of said private entities would control how such services are provided. That is still an oligarchical society to me.
Basically I don't believe it is possible, without proper regulation (i.e. unconstrained), to stop the richest few forming an oligarchy of sorts in a loosely defined "capitalist" state. Of course, I may be lacking in imagination as to just how different other forms of capitalism can be but as far as I can see the ideas of privatism and market economics lead directly to an unavoidable inequality in which a small minority of the population control the majority.
I may be getting some things confused, I am not an economist so feel free to correct me if I am not making sense.





pmchugh wrote:Now that actually addresses my points and fairly well.BigBallinStalin wrote:1) Your model is silly because it overlooks tremendous benefits.
Well except this point, this was put in a specific context in that tgd called our current system an oligarchy. It is NOT a debate on whether capitalism is better than Xism.
pmchugh wrote:2) Having an economy which remains responsive to consumer demand is a clear shift of power toward buyers. The "oligarchy," or rule of the few, becomes untenable in market economies--unless of course you narrow your scope of analysis by ignoring the tremendous benefits.
I don't think this is true at all.
BBS wrote:3) Considering (2), we must not confuse capitalism, or increased trade, or whatever you'll label it as, with government-backed monopolies, government-granted benefits to the wealthy, etc. Clearly, there's a difference between voluntary exchanges and rent-seeking. Clearly, there's a difference between capitalism and crony capitalism.
pmchugh wrote:Your capitalism is another man's oligarchy. The power is concentrated in the rich, who unconstrained would only get richer and more powerful.BBS wrote:5) And "rule" is another key factor. With the rise of "basic human rights," can we admit that democratic governments are more constrained in their rule than medieval monarchies, tribal despots, and modern day autocracies? Sure, so now "rule" varies across time and place, so the "tendency to oligarchy" theory becomes less tenable.
I agree that power is less direct than in a system without human rights but if you control a vast majority (ya vague ik) of goods production and service provision, I would still call that "rule".

















BigBallinStalin wrote:
Okay, then explain how ancient civilizations had such great disparities of wealth and power with such little trade, or capitalism.
(again, it isn't capitalism).
)
















TA1LGUNN3R wrote:pmchugh wrote:I want to try and avoid any semantic or historical debate on the definition of Capitalism if possible, it really would be a boring discussion.
In my mind an anarchic capitalist society would not be immune from manipulation and control of the wealthy. If anything it could make the situation worse, if all services are provided by private entities then the richest of said private entities would control how such services are provided. That is still an oligarchical society to me.
Basically I don't believe it is possible, without proper regulation (i.e. unconstrained), to stop the richest few forming an oligarchy of sorts in a loosely defined "capitalist" state. Of course, I may be lacking in imagination as to just how different other forms of capitalism can be but as far as I can see the ideas of privatism and market economics lead directly to an unavoidable inequality in which a small minority of the population control the majority.
I may be getting some things confused, I am not an economist so feel free to correct me if I am not making sense.
There would never be a chance for an oligarchy to come into existence; they only exist at the behest of the State. Laws and regulations serve to prop the giants up and keep the money at the top. They would implode upon pure structural costs the moment such safety nets were nixed. The "evil" corporations and such could never come into existence without the concerted effort of those in business and those making regulations. Otherwise, there are natural bounds in place that limit widespread control.
-TG




































PLAYER57832 wrote:BigBallinStalin wrote:
Okay, then explain how ancient civilizations had such great disparities of wealth and power with such little trade, or capitalism.
(again, it isn't capitalism).
)
Uh since when did Ancient societies not have trade?????
To the extent they did not, they had those in power simply taking what they wanted from those underneath. However, trade very much happened. Its just the world was effectively smaller.

















PLAYER57832 wrote:TA1LGUNN3R wrote:pmchugh wrote:I want to try and avoid any semantic or historical debate on the definition of Capitalism if possible, it really would be a boring discussion.
In my mind an anarchic capitalist society would not be immune from manipulation and control of the wealthy. If anything it could make the situation worse, if all services are provided by private entities then the richest of said private entities would control how such services are provided. That is still an oligarchical society to me.
Basically I don't believe it is possible, without proper regulation (i.e. unconstrained), to stop the richest few forming an oligarchy of sorts in a loosely defined "capitalist" state. Of course, I may be lacking in imagination as to just how different other forms of capitalism can be but as far as I can see the ideas of privatism and market economics lead directly to an unavoidable inequality in which a small minority of the population control the majority.
I may be getting some things confused, I am not an economist so feel free to correct me if I am not making sense.
There would never be a chance for an oligarchy to come into existence; they only exist at the behest of the State. Laws and regulations serve to prop the giants up and keep the money at the top. They would implode upon pure structural costs the moment such safety nets were nixed. The "evil" corporations and such could never come into existence without the concerted effort of those in business and those making regulations. Otherwise, there are natural bounds in place that limit widespread control.
-TG
What natural bounds? History shows exactly the opposite. Those in power are able to gain more power. Only when they oppress the masses enough that they absolutely cannot tolerate the conditions do you get revolution. Revolution basically replaces one power with another... at least, until the idea of democracy.
That is demonstrated by everything from Machiavellis' The Prince to study of all ancient powerful civilizations. The idea that ours is the first society to have a decent middle class, to have a populace that is well provided for is false. Egypt, India, even the Maya etc all had this. Things got screwed up when either those at the top got greedy, they ran out of resources/faced environmental disaster.

















player wrote:What natural bounds? History shows exactly the opposite. Those in power are able to gain more power. Only when they oppress the masses enough that they absolutely cannot tolerate the conditions do you get revolution. Revolution basically replaces one power with another... at least, until the idea of democracy.
That is demonstrated by everything from Machiavellis' The Prince to study of all ancient powerful civilizations. The idea that ours is the first society to have a decent middle class, to have a populace that is well provided for is false. Egypt, India, even the Maya etc all had this. Things got screwed up when either those at the top got greedy, they ran out of resources/faced environmental disaster.





BigBallinStalin wrote:pmchugh wrote:Now that actually addresses my points and fairly well.BigBallinStalin wrote:1) Your model is silly because it overlooks tremendous benefits.
Well except this point, this was put in a specific context in that tgd called our current system an oligarchy. It is NOT a debate on whether capitalism is better than Xism.
That's understandable, but there's an underlying issue here:
(A) Does the current 'rule' by a few really matter? If yes, then how?
(B) What's a better alternative that reaps equivalent, long-run benefits for humans?
BBS wrote:pmchugh wrote:2) Having an economy which remains responsive to consumer demand is a clear shift of power toward buyers. The "oligarchy," or rule of the few, becomes untenable in market economies--unless of course you narrow your scope of analysis by ignoring the tremendous benefits.
I don't think this is true at all.
The "problem" with voluntary exchange and free competition is that even if one producer has a high concentration of market share (or "power"), it doesn't matter if competitors can enter the market and whittle away at the one producer's profits. Ultimately, producers must respond to the demands of consumers; otherwise, their goods won't be purchased, they'll incur a loss, and go out of business--unless of course, there's crony capitalism at play: the few get bailed out, while the banners of "Save Our Economy" our misleading waved.
In a market economy (i.e. capitalism), producers are at the mercy of consumer preferences. Of course, the rules can be bent away from voluntary exchange and free competition via the methods of crony capitalism.
For example:
The gateway to increased wealth is marginally diminished by the actual rule of the few but implicitly through many well-intended voters. Actual rule over markets can only be done through the state, which is reinforced by social institutions. To my dismay, I see many people mistakenly reinforce the state's power as a seemingly good response to "constraining capitalism," but what they miss is that this appeal to the state reinforces the actual rule by the few. Instead of combating crony capitalism, they paradoxically support it, and in turn actually end up supporting those above outcomes described in the spoiler.
BBS wrote:Note: not everyone within the extremely wealthy group is to blame. Many rationally play the rules of the game as they're provided by the state. And some are extremely wealthy yet try to abstain.























pmchugh wrote:thegreekdog wrote:I guess my point is the question is not whether capitalism is bad; it's whether capitalism is better than everything else. I think it is.
I will agree with you that some variation of capitalism is probably the best solution. Probably. Although no matter what ideology you pick, they are all unsatisfying.
Getting back the point of the OP, is it possible that atheism in the west is more highly correlated with communism because the religious are more inclined to accept what they are told? You only have to listen to the way some people talk about communism on this forum to see the effect of western capitalist propaganda. Just a thought.




















PLAYER57832 wrote:thegreekdog wrote:pmchugh wrote:I want to try and avoid any semantic or historical debate on the definition of Capitalism if possible, it really would be a boring discussion.
In my mind an anarchic capitalist society would not be immune from manipulation and control of the wealthy. If anything it could make the situation worse, if all services are provided by private entities then the richest of said private entities would control how such services are provided. That is still an oligarchical society to me.
Basically I don't believe it is possible, without proper regulation (i.e. unconstrained), to stop the richest few forming an oligarchy of sorts in a loosely defined "capitalist" state. Of course, I may be lacking in imagination as to just how different other forms of capitalism can be but as far as I can see the ideas of privatism and market economics lead directly to an unavoidable inequality in which a small minority of the population control the majority.
I may be getting some things confused, I am not an economist so feel free to correct me if I am not making sense.
I think if you look at economics on a longer-term historic basis, I think you'll find that the less control, the better. In pre-medieval societies, economies were controlled only by the government; that didn't work out too well for the less fortunate.
LOL... nice twisting of things, there, greekdog. The root of Medeval power was not an esoteric belief in government, it was the idea that those in power were put there by God.
thegreekdog wrote:Similarly, if you compare medieval societies with current societies, you'll find a big difference.The difference was DEMOCRACY and a constitution that heavily respected individual rights. Capitalism fit within that system,but only when constrained. When unconstrained,we saw conditions in the US cities that were horrible and incredibly inhumane.thegreekdog wrote:Compare people in the US to people in other countries that don't have a developed capitalist economic system. Hell, the vast, vast majority of poor people in the United States have televisions!
Also, we had a LOT of wonderful resources, and for a time, actually allowed white citizens (occasional others,though not often) to get land just for working it. This, too contributed to the idea of power to the multitudes.thegreekdog wrote:I guess my point is the question is not whether capitalism is bad; it's whether capitalism is better than everything else. I think it is. I think you do need to regulate it, but not in a way that benefits one group of people over another. A couple of examples - You can't have a regulation that is onerous for one business, but not another, just because the first business is smaller. You can't have tax benefits for one industry and not have them for all industries. I think if we take that stuff out of government, we'll all be better off.
You are confusing bad tax policies with government. We have bad tax policies precisely because those with money are allowed to heavily dominate policies. So, of course, they manipulate things to benefit themselves and not the average population. Sadly, a lot of people have bought into the hype. Liberalism (not communism or Communism) is the antidote to that.
You also dismiss any real benefit to society from regulation. If a business is constrained because it causes harm to the rest of us, then that is a GOOD. And, by having regulations that dictate such terms, we force industry to find safe ways of doing things. Allowing companies to pollute, ignore labor regulations and wage rules, to name a few, is creating an extreme moral hazard for corporations.
We feed oil companies instead of forcing industry to use already available alternate technologies. The longer we allow that,the more entrenched the dependence becomes... even while we see the extreme harm such dependence causes us.




















BigBallinStalin wrote:PLAYER57832 wrote:BigBallinStalin wrote:
Okay, then explain how ancient civilizations had such great disparities of wealth and power with such little trade, or capitalism.
(again, it isn't capitalism).
)
Uh since when did Ancient societies not have trade?????
To the extent they did not, they had those in power simply taking what they wanted from those underneath. However, trade very much happened. Its just the world was effectively smaller.
I didn't say that. See the underlined. "Little trade" refers to the relatively small degree of trade compared to the degree of trade in today's global economy.
















thegreekdog wrote:At the risk of becoming embroiled in misunderstanding:
(1) Medieval "governments" didn't exist because of the idea that those in power were put there by God. Medieval power existed because of wealth and force (same as today). In medieval times they justified being in power by, among other things, "Hey, I'm here because of God." Some of those other things were "hey, I have more swords than you" and "hey, my dad was duke." In modern times, people justify power by, among other things, "I have more money than you" and "You get to elect me."
You can argue that, but without evidence, it is pointless to try, yes. For my part, I acknowledge that some private entities have stepped up to do "good works" (to sum up a whole bunch of things from clean up efforts to even direct benefits from recycling, reduction in costs from reducing waste,etc., etc and using "greener" stuff) BUT... and this is pretty key, the paradigm is not "prove you will do not harm BEFORE you act", it is "as long as I am making money, its OK unless you prove me wrong" and that will always fail when it comes to health and the environment because by the time impacts are really known, companies are long out of business (among other issues, such as the fact that damage done usuallycannot be simply undone. whether it is a stream ecosystem destroyed or children who's lives have been heavily harmed)thegreekdog wrote:(2) I would argue that government interference prevented cities from becoming clean or jobs from becoming humane. I could point to that lecture on Youtube I always link to, but I won't, because it's pointless.
thegreekdog wrote:(3) People with money dominate politics and the government because the government is involved. If the government were not involved, we wouldn't have such domination. I've provided examples in this thread and elsewhere.
thegreekdog wrote:If Barack Obama and John McCain weren't unofficially told what to do by the people and companies giving them money, we may have had a much different election four years ago.
thegreekdog wrote:I do agree with your oil company comment, obviously, and that illustrates my point. If the government imposed one tax system on all companies, without differentiating on an industry-by-industry basis or company-by-company basis, things may get better. I think, like pmmchugh, you've confused oligarchy with capitalism. I wish I knew more about the Soviet Union so I could show you how rich people and companies can control even ostensibly non-capitalist systems.
















PLAYER57832 wrote:BigBallinStalin wrote:PLAYER57832 wrote:BigBallinStalin wrote:
Okay, then explain how ancient civilizations had such great disparities of wealth and power with such little trade, or capitalism.
(again, it isn't capitalism).
)
Uh since when did Ancient societies not have trade?????
To the extent they did not, they had those in power simply taking what they wanted from those underneath. However, trade very much happened. Its just the world was effectively smaller.
I didn't say that. See the underlined. "Little trade" refers to the relatively small degree of trade compared to the degree of trade in today's global economy.
Is it fair to say that trade was less, in the context of an economic system, when its more that the world itself was so much smaller?

















PLAYER57832 wrote:thegreekdog wrote:I do agree with your oil company comment, obviously, and that illustrates my point. If the government imposed one tax system on all companies, without differentiating on an industry-by-industry basis or company-by-company basis, things may get better. I think, like pmmchugh, you've confused oligarchy with capitalism. I wish I knew more about the Soviet Union so I could show you how rich people and companies can control even ostensibly non-capitalist systems.
No confusion. The problem is that capitalism, left alone, without government constraints leads to an oligarchy.

















chang50 wrote:Phatscotty wrote:I think if you didn't state your premise backwards, you would have more answers if you started with "Communists tend to be Atheists".
Maybe committed communist ideologues do tend to be atheists,so what?.

























saxitoxin wrote:Phatscotty wrote:saxitoxin wrote:Phatscotty wrote:I know, I have failed to find solid evidence of that actual statement. However, if you look at progressive ideals and Communists ideals, they are 2 peas in a pod, and the statement is based on that.
Okay, I'll acknowledge/understand the metaphorical intent of your statement but will have to agree to disagree with its applied meaning as described above.
I hate you
heh, You can operate on that if you want. I want to show at least 4 examples off the top of my head, but it will have to wait for tomorrow.
Well Democrats don't really need the meager resources the fringe can provide. Rather, they're obliged to corral all parts of the U.S. left as part of the National Front strategy the U.S. uses for domestic political discipline - where all competing ideologies are penned up together in a single patriotic mass movement ... the left-wing loosely under the Democrat Party and the right loosely under the Republican Party, but the two parties ultimately unified; the system the U.S. imposed on itself after WWII so that nuclear weapons would be in the hands of a boringly predictable regime with no risk of sudden radicalism as had (and still?) plagued Europe.
Anyway, I digress.Interesting thread, chang50, Scott, BVP, et. al.!

























PLAYER57832 wrote:thegreekdog wrote:At the risk of becoming embroiled in misunderstanding:
(1) Medieval "governments" didn't exist because of the idea that those in power were put there by God. Medieval power existed because of wealth and force (same as today). In medieval times they justified being in power by, among other things, "Hey, I'm here because of God." Some of those other things were "hey, I have more swords than you" and "hey, my dad was duke." In modern times, people justify power by, among other things, "I have more money than you" and "You get to elect me."
Good of you to point out the parallels. However, to deny many people are trying to return to "he is in charge because GOD wants him to be" is to deny a major force. And one (as I have said before) that is absolutely not cooincidental.You can argue that, but without evidence, it is pointless to try, yes. For my part, I acknowledge that some private entities have stepped up to do "good works" (to sum up a whole bunch of things from clean up efforts to even direct benefits from recycling, reduction in costs from reducing waste,etc., etc and using "greener" stuff) BUT... and this is pretty key, the paradigm is not "prove you will do not harm BEFORE you act", it is "as long as I am making money, its OK unless you prove me wrong" and that will always fail when it comes to health and the environment because by the time impacts are really known, companies are long out of business (among other issues, such as the fact that damage done usuallycannot be simply undone. whether it is a stream ecosystem destroyed or children who's lives have been heavily harmed)thegreekdog wrote:(2) I would argue that government interference prevented cities from becoming clean or jobs from becoming humane. I could point to that lecture on Youtube I always link to, but I won't, because it's pointless.thegreekdog wrote:(3) People with money dominate politics and the government because the government is involved. If the government were not involved, we wouldn't have such domination. I've provided examples in this thread and elsewhere.
Anarchy doesn't work better. In fact, its far less efficient. You miscontrue government for a government we have allowed to be dominated by big corporations. To a point,it was intentional in that we have a Republic not a true Democracy precisely to mitigate the whims of a highly manipulatable populace.
However, this move to ignore negative impacts in favor of a few religious issues has heavily skewed current politics. You feel it is merely cooincidental or incidental. I absolutely do not. The problem with the 1970's was not too much government... we actually had less than now, it was that the PEOPLE benefitted from the changes pretty universally at the expense of some wealthy folks. Some errors were made, but we had eliminated childhood hunger, made huge inroads into pollution control and clean up (Superfund, etc.). All that went by the way side to give a few at the top largess. It was done by focusing folks on issues like homosexuality, abortion and prayer in schools while ignoring unions,etc.thegreekdog wrote:If Barack Obama and John McCain weren't unofficially told what to do by the people and companies giving them money, we may have had a much different election four years ago.
Agreed. Except you have argued very much for the use of money to "vote" as being "proper". This is a result of that. Are you now saying voting with money is wrong?thegreekdog wrote:I do agree with your oil company comment, obviously, and that illustrates my point. If the government imposed one tax system on all companies, without differentiating on an industry-by-industry basis or company-by-company basis, things may get better. I think, like pmmchugh, you've confused oligarchy with capitalism. I wish I knew more about the Soviet Union so I could show you how rich people and companies can control even ostensibly non-capitalist systems.
No confusion. The problem is that capitalism, left alone, without government constraints leads to an oligarchy.
In fact, the tendency of ANY system is to move to an oligarchy because once people get into power, they like to ensure they maintain it. The system does not matter in that regard. They ALL do it.
My issue with your arguments is the claim that capitalism, alone will somehow subvert that. In fact, it will just create more concentration based on weath. In Capitalism, the only control is money. As I have said before, the turn the century saw a system about as close to true capitalism as has ever existed. The revolution that resulted came because the abuses were so very extreme that people just plain were willing to literally die for better conditions. Those companies failed the Machiavellian model in this regard. Today, corporations are considerably "cleaner", but that does not have to remain. Also, all of that is very much overshadowed by environmental impacts, which our current education/media/government system is operating very hard to ignore and pretend is not as real a problem as it is (or, often, they operate to divert attention from real root causes to side issues).
One example of diverting thought is perhaps all the blame that oil faces for the global climate change issue. Listen to some and its as though eliminating oil is about all that is needed to change things. However, coal is probably a greater threat. And, whether oil is a problem or not depends a lot on how it is used. For my part, I see a serious danger in heavy dependence on ANY resource that is so inherently limited. But... research into true sustainable systems, (say, something like an algae that self-replicates in your tank to continually produce fuel... to name one far off example) are not funded or even truly supported. (I am not enough of an engineer to pick out too many specific examples, but they are out there). Understand, I am not saying oil is OK, I am saying that climate change is not the primary reason we need to get away from oil. And that pretending changing the climate is just about or primarily about doing away with oil is wrong.











































BigBallinStalin wrote:PLAYER57832 wrote:thegreekdog wrote:I do agree with your oil company comment, obviously, and that illustrates my point. If the government imposed one tax system on all companies, without differentiating on an industry-by-industry basis or company-by-company basis, things may get better. I think, like pmmchugh, you've confused oligarchy with capitalism. I wish I knew more about the Soviet Union so I could show you how rich people and companies can control even ostensibly non-capitalist systems.
No confusion. The problem is that capitalism, left alone, without government constraints leads to an oligarchy.
Then how do you explain political capitalism and capture theory?
Pretty much supports what I said. How do those agencies GET dominated? They are dominated by allowing money to speak, to dictate. That is the essence of capitalism.In economics, regulatory capture occurs when a state regulatory agency, created to act in the public interest, instead advances the commercial or special interests that dominate the industry or sector it is charged with regulating. Regulatory capture is a form of government failure, as it can act as an encouragement for large firms to produce negative externalities. The agencies are called "captured agencies".
















PLAYER57832 wrote:BigBallinStalin wrote:PLAYER57832 wrote:thegreekdog wrote:I do agree with your oil company comment, obviously, and that illustrates my point. If the government imposed one tax system on all companies, without differentiating on an industry-by-industry basis or company-by-company basis, things may get better. I think, like pmmchugh, you've confused oligarchy with capitalism. I wish I knew more about the Soviet Union so I could show you how rich people and companies can control even ostensibly non-capitalist systems.
No confusion. The problem is that capitalism, left alone, without government constraints leads to an oligarchy.
Then how do you explain political capitalism and capture theory?
You mean this?Pretty much supports what I said. How do those agencies GET dominated? They are dominated by allowing money to speak, to dictate. That is the essence of capitalism.In economics, regulatory capture occurs when a state regulatory agency, created to act in the public interest, instead advances the commercial or special interests that dominate the industry or sector it is charged with regulating. Regulatory capture is a form of government failure, as it can act as an encouragement for large firms to produce negative externalities. The agencies are called "captured agencies".
You cannot accept the good and deny the bad. The alternative to unrestrained capitalism is not communism. Both are extremes. We need a middle.
Government regulations are the only thing that keeps companies from dominating individuals even more than they do. It does not require that companies be run by evil people, though of course, some always will be. It simply requires that a set of people are paying attention to money and not fully to the impacts of their decisions. The not paying attention might be because they have never been educated in, say , environmental science OR becuase they have so much pressure to just make money (either from above or internal pressure -- "the game") they just stop caring/are able to easily deny that the results they cause are really happening.
Its amazing how blind a few dollars make people. I see it all around here in Marcellus shale. We saw it in the BP oil spill. How many times in interviews did people say "I have mixed feelings.... I know people in the industry". Even when they knew for a fact that their livelihood was damaged, their health possibly forever (talking some living closest to the impacts), many still could not bring themselves to simply condemn the oil companies. These are not necessarily truly high paid folks, either.. just upper middle class folks to middle class folks.

















Users browsing this forum: No registered users