View Poll Results: Do the wealthy have too much power in the United States?

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    45 77.59%
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Thread: Do the wealthy have too much power in the United States?

  1. #111
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by WillyPete View Post
    I'm sympathetic to your view, but what's the practical alternative?

    Capitalism succeeds because it maps very closely to humanity's rapacious nature.

    The systems that attempt to ignore or change that nature are doomed to devolve into capitalism.
    You've examined human nature under capitalism, and assume that is human nature.
    How do you think we survived our evolution? By working together and collectively sharing to make sure we survived. It's not human nature.

  2. #112
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Henrin View Post
    No, it's pretty much a condition of life unless you go around stealing everything or you're all alone.
    The whole concept of selling resources exists under a system like capitalism, as well as the concept of selling labor for monetary income.

  3. #113
    Educator WillyPete's Avatar
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Dovkan View Post
    You've examined human nature under capitalism, and assume that is human nature.
    How do you think we survived our evolution? By working together and collectively sharing to make sure we survived. It's not human nature.
    We'll have to disagree there. That only ever worked on a very small scale.

    Can you point to a present day nation that has a better system?

    It seems to me Capitalism harnesses our nature. Other systems attempt to deny it.

  4. #114
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Helix View Post
    and the wealthy have a dependence on social safety nets to prevent unrest and significant increases in their level of taxation, especially considering the current level of income inequality.

    re : the French Revolution; US Depression
    That is true, but they also have control over the level of protection that those safety nets offer because they control the politicians that put such mechanisms into place in the first place. But I think what disturbs me most of all is the amount of influence that they have on the way people think. That is very disturbing.

  5. #115
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by WillyPete View Post
    We'll have to disagree there. That only ever worked on a very small scale.

    Can you point to a present day nation that has a better system?
    Better system then capitalism? None that's been done in a stable, democratic nation.

  6. #116
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Dovkan View Post
    The whole concept of selling resources exists under a system like capitalism, as well as the concept of selling labor for monetary income.
    All you are really talking about is trade using a medium of exchange. Regardless if currency exists or not people will need to trade their labor in certain situations in order to get the resources they're after.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Grand Mal View Post
    'Course they do. They didn't buy the power, though- they didn't even take it. It was given to them on a platter by poor idiots who equate wealth with worth. "He's worth $3billion!" they say and when the billionaire tells them that global warming is a myth they leap in their thousands and chant, "Myth! Myth! Myth!". Another billionaire tells them that government health care is unworkable and will ruin the country and the poor idiots denounce the best improvement in their lives since the Model T. A billionaire tells them that unions are wrong and that moving factories to Mexico is right and that minimum wages will destroy the economy and, well, by God if he's so rich he must be smart! Right?
    That's power, when you can make people believe that right is wrong and bad is good.
    That is too much power and something needs to be done about it.

  8. #118
    Educator WillyPete's Avatar
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Dovkan View Post
    Better system then capitalism? None that's been done in a stable, democratic nation.
    I'd agree. So it's like the old joke.

    It's the worst possible system, except for all the others.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Henrin View Post
    All you are really talking about is trade using a medium of exchange. Regardless if currency exists or not people will need to trade their labor in certain situations in order to get the resources they're after.
    Not if everyone collectively works together, in a hypothetical communist society. where such a surplus exists that enough resources exist for everybody.

  10. #120
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by WillyPete View Post
    I'd agree. So it's like the old joke.

    It's the worst possible system, except for all the others.
    No, it literally is a horrible system that will self destruct on itself as time goes on, although this is stemmed with regulation.

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