View Poll Results: Which do you Prefer

Voters
80. You may not vote on this poll
  • A purely Socialist economy

    5 6.25%
  • An economy with more Socialism then Capitalism

    10 12.50%
  • An economy with equal Socialist and Capitalist ideas

    12 15.00%
  • An economy with more Capitalism then Socialism

    34 42.50%
  • A purely Capitalist society

    19 23.75%
Page 8 of 20 FirstFirst ... 67891018 ... LastLast
Results 71 to 80 of 197

Thread: Socialism vs. Capitalism

  1. #71
    Banned Goobieman's Avatar
    Join Date
    Feb 2006
    Last Seen
    03-22-15 @ 02:36 PM
    Gender
    Lean
    Very Conservative
    Posts
    17,343

    Re: Socialism vs. Capitalism

    Quote Originally Posted by Ockham View Post
    And why does the government buy, with tax payer money, a majority stock in a private company in the first place? What's the end goal and strategic plan?
    Seems to me that if the stock was bought with our money, we should receive the profit.

    Sure, across the population, its not a lot, but so what?

  2. #72
    Dungeon Master
    Somewhere in Babylon
    Jetboogieman's Avatar
    Join Date
    Jan 2010
    Location
    Somewhere in Babylon...
    Last Seen
    @
    Lean
    Undisclosed
    Posts
    24,273
    Blog Entries
    1

    Re: Socialism vs. Capitalism

    I stand right in the middle. And I dont think of it so dogmatically as Socialism. This is no longer the cold war.

    I believe certain things should be run by government. Because at least in this country, government is accountable to us. Private corporations are not. Although we have better government regulation here so I'm not entirely against corporations running certain things. For example to lay out a comparison

    In Nova Scotia the government use to run the energy firm and provide the electricity to Halifax. They had an army of workers and whenever the power went down they could bring it up really fast. Then they made it private. Saved the province alot of money BUT such things as a small hurricane a few years back, knocked out power for some people for weeks because there wasn't that army of workers to fix the stuff. There are +'s and -'s to everything.

    But personally I prefer healthcare in the hands of my government so I can get rid of their handling of it, if they mess up. I can't exactly get rid of the board of directors of a greedy Health Insurance company.

  3. #73
    Advisor Politics101's Avatar
    Join Date
    Mar 2010
    Location
    USA
    Last Seen
    08-25-10 @ 12:51 AM
    Gender
    Lean
    Conservative
    Posts
    490

    Re: Socialism vs. Capitalism

    Quote Originally Posted by misterman View Post
    The government is going to MAKE money on the sale of the banks, and maybe GM too.
    GM won't make a profit, the unions won't allow it because they want their socialist pension plans to keep pumping out entitlements for workers no longer working. Both GM and Chrysler have been suffering, which worsened after the bailouts.

  4. #74
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Socialism vs. Capitalism

    Quote Originally Posted by CriticalThought View Post
    Without a doubt. Big corporations can use the government to craft regulation that is very favorable to them. The problem is you can't blame big corporations entirely on government involvement. Nothing is that simple. Sometimes it is the lack of government involvement that gives them the edge. Even if you had a basic set of contractual and criminal rules, big corporations would still emerge, because all corporations really have to do is merge with some of the competition. That has nothing to do with the government or regulation, and many smaller corporations gain competitive advantage through this form of cooperation. One of the flaws is that we allow the corporations to do this to the point that their influence becomes too strong in the government and they become too big to let fail.
    Naturally large corporations are a rare occurrence when you remove government favoritism.
    All the subsidy and favorable laws should be removed to level the playing field.
    Almost every mega corp that has ever existed has been a direct or indirect cause of the government and business partnership.

    The point is to push to provide that level playing field.
    When we stray from that, we are asking for problems.
    Most people would not want to stomach this change but in the end I believe it is naturally destructive anyway.
    Last edited by Harry Guerrilla; 04-01-10 at 02:25 PM.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  5. #75
    Sage
    misterman's Avatar
    Join Date
    Nov 2009
    Last Seen
    02-09-12 @ 08:41 AM
    Lean
    Undisclosed
    Posts
    12,913

    Re: Socialism vs. Capitalism

    Quote Originally Posted by Ockham View Post
    Are you saying that removing the private bank therefore provides no change to the method and therefore, the student loans were actually a part of a socialist policy from the start?
    In a way, yes.

    How about the auto makers. Did the government also back the auto makers? AIG? Banks like Wells Fargo?
    Nope, not them. Just the student loans.

  6. #76
    Sage
    misterman's Avatar
    Join Date
    Nov 2009
    Last Seen
    02-09-12 @ 08:41 AM
    Lean
    Undisclosed
    Posts
    12,913

    Re: Socialism vs. Capitalism

    Quote Originally Posted by Goobieman View Post
    Seems to me that if the stock was bought with our money, we should receive the profit.
    If there is a profit, we will get it.

  7. #77
    Banned Goobieman's Avatar
    Join Date
    Feb 2006
    Last Seen
    03-22-15 @ 02:36 PM
    Gender
    Lean
    Very Conservative
    Posts
    17,343

    Re: Socialism vs. Capitalism

    Quote Originally Posted by misterman View Post
    If there is a profit, we will get it.
    We will? Havent heard a thing about that. Got a source?

  8. #78
    Sage
    misterman's Avatar
    Join Date
    Nov 2009
    Last Seen
    02-09-12 @ 08:41 AM
    Lean
    Undisclosed
    Posts
    12,913

    Re: Socialism vs. Capitalism

    Quote Originally Posted by Goobieman View Post
    We will? Havent heard a thing about that. Got a source?
    U.S. Treasury Plans to Sell Citigroup Stake in 2010 (Update3)
    March 29, 2010, 12:48 PM EDT

    By Michael J. Moore and Rebecca Christie

    March 29 (Bloomberg) -- The U.S. Treasury Department plans to sell the government’s 27 percent stake in Citigroup Inc. this year in what could become the biggest profit for the bank bailout program.

    The Treasury will dispose of its 7.7 billion common shares of New York-based Citigroup over the course of 2010 using a “pre-arranged written trading plan,” the agency said today in a statement. The Treasury’s stake -- the biggest of any common shareholder -- had a market value of $33.2 billion as of last week’s closing price, for a paper profit of $8.2 billion.

    The sale would finish the recovery of $45 billion given to Citigroup from the Troubled Asset Relief Program and bring the Treasury closer to President Barack Obama’s goal of recouping “every single dime” of taxpayer money put into the bank rescue fund. Citigroup, ranked third by assets among U.S. lenders, took infusions from the $700 billion TARP fund in late 2008 as waning confidence almost triggered a run by depositors.
    U.S. Treasury Plans to Sell Citigroup Stake in 2010 (Update3) - BusinessWeek

  9. #79
    Banned Goobieman's Avatar
    Join Date
    Feb 2006
    Last Seen
    03-22-15 @ 02:36 PM
    Gender
    Lean
    Very Conservative
    Posts
    17,343

    Re: Socialism vs. Capitalism

    I knew they were going to sell for an $8B profit.
    Where's the part that we get the profit?

  10. #80
    Sage
    misterman's Avatar
    Join Date
    Nov 2009
    Last Seen
    02-09-12 @ 08:41 AM
    Lean
    Undisclosed
    Posts
    12,913

    Re: Socialism vs. Capitalism

    Quote Originally Posted by Goobieman View Post
    I knew they were going to sell for an $8B profit.
    Where's the part that we get the profit?
    You mean you want a check sent to you?

    We means the taxpayers. The profit goes to the U.S. Treasury, which means we will pay that much less in taxes to cover the debt. Basic accounting.

Page 8 of 20 FirstFirst ... 67891018 ... 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
  •