View Poll Results: Does capitalism promote competition and innovation, unlike socialism and communism?

Voters
12. You may not vote on this poll
  • Yes

    8 66.67%
  • No

    1 8.33%
  • It's a mixture shared by all three concepts

    2 16.67%
  • Not sure

    1 8.33%
Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Capitalism - Competition and Innovation?

  1. #1
    Banned
    Join Date
    Nov 2010
    Last Seen
    02-13-13 @ 12:05 PM
    Gender
    Lean
    Undisclosed
    Posts
    18,536
    Blog Entries
    4

    Capitalism - Competition and Innovation?

    Basically, does capitalism promote competition and innovation? Does communism and socialism not?

    Quote Originally Posted by Wake View Post
    Capitalism seems to promote competition and innovation.

    Socialism and communism don't.
    Quote Originally Posted by NGNM85 View Post
    Evidence...???
    Quote Originally Posted by Wake View Post
    Lol?

    Under capitalism people have the freedom to prosper. To compete and innovate by the sweat of your brow and the spark of your mind.

    Under socialism/communism, there is government regulation of business. Almost everything government touches seems to crumble.

  2. #2
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: Capitalism - Competition and Innovation?

    It depends on what form of capitalism we're talking about. Free market capitalism has the best ability to promote proper competition and innovation. Corporate capitalism, such as what we have now in the US, does not. It in fact does the opposite.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  3. #3
    Basketball Nerd
    StillBallin75's Avatar
    Join Date
    Jan 2011
    Location
    Vilseck, Germany
    Last Seen
    12-10-17 @ 07:52 AM
    Gender
    Lean
    Progressive
    Posts
    21,896

    Re: Capitalism - Competition and Innovation?

    just fyi wake - there's governmental regulation in free-market economies also, as well there should be.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

  4. #4
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 10:51 AM
    Gender
    Lean
    Conservative
    Posts
    76,305

    Re: Capitalism - Competition and Innovation?

    Quote Originally Posted by Ikari View Post
    It depends on what form of capitalism we're talking about. Free market capitalism has the best ability to promote proper competition and innovation. Corporate capitalism, such as what we have now in the US, does not. It in fact does the opposite.
    Can't you just answer the question? Capitalism (Period) is better than socialism (Period).
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  5. #5
    Basketball Nerd
    StillBallin75's Avatar
    Join Date
    Jan 2011
    Location
    Vilseck, Germany
    Last Seen
    12-10-17 @ 07:52 AM
    Gender
    Lean
    Progressive
    Posts
    21,896

    Re: Capitalism - Competition and Innovation?

    Quote Originally Posted by American View Post
    Can't you just answer the question? Capitalism (Period) is better than socialism (Period).
    1) that isn't the question.

    2) Even if it were the question, it would be a stupid one because it is far too simplistic.

    Although to answer the OP, yes, I do believe that a market-based economy is more conducive to competition and innovation.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

  6. #6
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: Capitalism - Competition and Innovation?

    Quote Originally Posted by American View Post
    Can't you just answer the question? Capitalism (Period) is better than socialism (Period).
    I did answer the question. Some forms of capitalism are as bad if not worse that socialism. Specific forms of capitalism form the best basis for economic models, that being the Free Market Capitalism model. Sorry if things aren't as cut and dry as you'd like to pretend. But it takes honest analysis of a system and where we need to be in order to intelligently effect the system to bring about the desired results.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  7. #7
    Professor
    sookster's Avatar
    Join Date
    Jun 2011
    Location
    In my own world.
    Last Seen
    06-27-17 @ 10:17 PM
    Gender
    Lean
    Undisclosed
    Posts
    1,838

    Re: Capitalism - Competition and Innovation?

    The best breakthroughs have occurred outside the realms of Capitalism. For example, The Principia de Matematica by Isaac Newton where he derived calculus and then explained the force of gravity.

  8. #8
    Educator Helvidius's Avatar
    Join Date
    Jul 2010
    Location
    Good ol' US of A
    Last Seen
    02-01-17 @ 12:41 AM
    Gender
    Lean
    Libertarian
    Posts
    735

    Re: Capitalism - Competition and Innovation?

    Quote Originally Posted by sookster View Post
    The best breakthroughs have occurred outside the realms of Capitalism. For example, The Principia de Matematica by Isaac Newton where he derived calculus and then explained the force of gravity.
    How exactly was that outside of capitalism? Did he receive a federal grant for his research?
    Mr. Madison, what you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.

  9. #9
    User UtilityMonster's Avatar
    Join Date
    Jun 2011
    Last Seen
    07-07-11 @ 06:00 PM
    Gender
    Lean
    Liberal
    Posts
    18

    Re: Capitalism - Competition and Innovation?

    Yes, clearly capitalism provides incentives to develop and innovate unlike any other economic system. It is why every democracy in the world today has a mixed market economy - they are intelligent enough to realize the benefits. Here are some facts about capitalism's success over the last 200 years:

    World GDP per capita has increased from $700 to $6000 from 1800 to 2000. Life expectancy in England in 1800 was 40, today it is around 80. In 2005, as compared to 1955, the average person on Earth earns three times as much money, ate one-third more calories of food, buried one-third as many of his/her children, and could expect to live one-third longer. We are less likely to die from war, murder, childbirth, accidents, tornadoes, flooding, famine, whopping cough, tuberculosis, malaria, etc. People are more likely to be literate and to finish school. Only six countries are poorer now than they were in 1955. The average South Korean lives twenty six years more than they did in 1955.

    The poor in the developing world grew their consumption twice as fast as the world as a whole between 1980 and 2000. There are fewer people living in poverty today than in the 1950s, in fact, it has dropped in half. It isn't like the 1950s were even bad. The 1950s was the best time the world had ever seen up to that point. We have just improved dramatically from what was already an all time high. Today, of Americans that you would consider poor, 99% have running water, electricity, a refrigerator, and toilets; 95% have a television, 88% a telephone, 71% a car, 70% air conditioning. In 1970, only 36 percent of all Americans had air condition, in 2005, 79% of poor households did.

    Inequality is declining worldwide. It has increased in the U.K and U.S. since the 1970s (which, by the way, have improved for the last two centuries), but has decreased on the global scale, which is more important. The growth of China and India is bringing about a global middle class.

    I doubt a different economic system would do as much as quickly.
    Last edited by UtilityMonster; 06-16-11 at 03:19 PM.
    The question is not, "Can they reason?" nor, "Can they talk?" but rather, "Can they suffer?"

  10. #10
    Banned
    Join Date
    Mar 2011
    Location
    EUSSR
    Last Seen
    03-24-14 @ 01:43 PM
    Gender
    Lean
    Libertarian
    Posts
    3,851

    Re: Capitalism - Competition and Innovation?

    What capitalism? What socialism? May be this one?

    Let me quote it for you:

    If one understands that socialism is not a share-the-wealth programme, but is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all. Instead, it becomes logical, even the perfect tool of power-seeking megalomaniacs.

    Communism or more accurately, socialism, is not a movement of the downtrodden masses, but of the economic elite.

    Gary Allen, Author
    Last edited by Canell; 06-16-11 at 04:03 PM.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •