View Poll Results: Has capitalism increased hatred in the human race?

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Thread: Has capitalism increased hatred in the human race?

  1. #321
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by The Mark View Post
    Too little regulation is just as bad as too much regulation.
    It's not even a question of too much regulation or too little. That is by far a too course measure, the mere count of regulation.

    The purpose and impact of that regulation, how far it curtails freedom of choice and such, are far more pertinent to deeming what is too much or too little.
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  2. #322
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by MildSteel View Post
    No because capitalism in itself results in people with wealth having too much influence over the other aspects of society. There needs to be another aspect, an intellectualism that is free from the influence of capitalists that can balance its ill effects.
    Seems to me you are just talking of a slightly modified capitalism. If not what exactly are you talking about?
    I am not sure how any intellectualism will make any difference. Either an investment is good or it is bad. There are already ethical funds for those who want and there is no such thing as unrestricted capitalism. Every society has it regulated, some more than others.
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  3. #323
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by Montecresto View Post
    Yes, it does. And has been advanced at that expense.
    Thats just stupid and thoughtless. You arent using reason, you are using bias. Capitalism is an economic model. People, regardless of model or system, use and manipulate systems.

  4. #324
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by Montecresto View Post
    No need for alternatives. Capitalism is a good model, SO LONG AS it's tightly regulated, so that all reap its rewards. And there's the rub. Conservatives hate regulation.
    Could excessively regulate capitalism so that it would be capitalism in name only.

    Quote Originally Posted by TurtleDude View Post
    why should those who contribute nothing reap any rewards?
    Indeed. The fundamental of the system must remain those who expend the labor, skills, knowledge, reap the reward, if not, pretty soon the entire house of cards constructed against the fundamental, will fall. Many justifiably believe that the US is pretty close to that tipping point now already.
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  5. #325
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by MildSteel View Post
    What is needed is markets that run relatively free of government interference, a sense that everyone has something of value to contribute and that anyone who wants to work according to their aptitude can provide for their sustenance, AND an intellectual class that is devoted to the cultivation of knowledge that welds strong influence on the ideological, political and sociological aspects of society. People who want to make money are important, and they should be allowed some freedom to use the inherent greed in their natures to do so. They just should not have too much influence on the other aspects of society.
    Ever heard of 'corporate inertia'? Capitalism is like fire - when properly controlled, it's a wonderful thing - keeps us warm, cooks our food, et cetera. But if it's not controlled...try living in a third-world nation where there is little or no effective regulation of the business sector. It sucks. Why? Because if there is no effective regulation, there's nothing to keep whichever corporation is strongest from buying the most politicians to keep them from leveling the playing field...and sooner or later you wind up with monopolies that are next-to-untouchable. That, and it also becomes impossible to pass effective laws for things like minimum wage, overtime pay, or mandatory safety measures in the workplace.

    It's not as if any one person in that corporation wants all the bad things to happen, but that's the nature of corporate inertia - once it starts going in a particular direction, it's almost impossible for the employees to stop it. That's why the government must be strong enough to step in to keep that corporation from going too far.
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  6. #326
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    Re: Has capitalism increased hatred in the human race?

    The problem with government regulating markets is that it introduces this unpredictable player into the market that persons who are trying to make money have to contend with. It distorts markets. It is necessary however now because there is no other balancing effect to the influence of the greed of those who possess great wealth.

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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by Glen Contrarian View Post
    Ever heard of 'corporate inertia'? Capitalism is like fire - when properly controlled, it's a wonderful thing - keeps us warm, cooks our food, et cetera. But if it's not controlled...try living in a third-world nation where there is little or no effective regulation of the business sector. It sucks. Why? Because if there is no effective regulation, there's nothing to keep whichever corporation is strongest from buying the most politicians to keep them from leveling the playing field...and sooner or later you wind up with monopolies that are next-to-untouchable. That, and it also becomes impossible to pass effective laws for things like minimum wage, overtime pay, or mandatory safety measures in the workplace.

    It's not as if any one person in that corporation wants all the bad things to happen, but that's the nature of corporate inertia - once it starts going in a particular direction, it's almost impossible for the employees to stop it. That's why the government must be strong enough to step in to keep that corporation from going too far.
    It needs to be regulated by the cultivation of other ideals in society that don't center around the consumption of mundane goods to obtain happiness and the mere possession of wealth as symptomatic of success in life. The cultivation of knowledge is, in fact, superior to these things and people need to be trained properly to understand that. Then markets will be self regulating, for the most part, because people's minds will have things in proper perspective. Having governments regulate markets now may be necessary because of lack of proper emphasis on this feature, but it carries the bad effect of introducing this unpredictable player into markets that other participants must contend with. It creates too much distortion. Not only that, but because people with great wealth have too much influence on the political system, they can influence the political system in such an way that the government interferes in the economic sphere to their advantage.

  8. #328
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by VanceMack View Post
    Thats just stupid and thoughtless. You arent using reason, you are using bias. Capitalism is an economic model. People, regardless of model or system, use and manipulate systems.
    Of course it's an economic model. Who would dispute that? My point was that those nasty things you mentioned earlier, and that I added to, have been used as American business interests have been advanced in various countries while corporations, executing their capitalism in places where there was no regulation.
    Killing one person is murder, killing 100,000 is foreign policy

  9. #329
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by eohrnberger View Post
    Could excessively regulate capitalism so that it would be capitalism in name only.



    Indeed. The fundamental of the system must remain those who expend the labor, skills, knowledge, reap the reward, if not, pretty soon the entire house of cards constructed against the fundamental, will fall. Many justifiably believe that the US is pretty close to that tipping point now already.
    To the bolded, like The Mark said.
    Killing one person is murder, killing 100,000 is foreign policy

  10. #330
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    Re: Has capitalism increased hatred in the human race?

    Quote Originally Posted by eohrnberger View Post
    It's not even a question of too much regulation or too little. That is by far a too course measure, the mere count of regulation.

    The purpose and impact of that regulation, how far it curtails freedom of choice and such, are far more pertinent to deeming what is too much or too little.
    That is actually what I was trying to get at.

    Regulation must balance it's negative effects against it's positive effects, and ideally, come to a net positive.

    Of course, disagreement on what constitutes negative and/or positive affects of a regulation is inevitable...
    Education.

    Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller

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