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Thread: Why shouldn't capitalism be better regulated?

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by iguanaman View Post
    The wealthy are not Gods and without their workers they would have nothing.
    The wealthy invented stuff that got us from Stone Age to here. Without them we'd all be dead! They are the next best things to Gods. I'll pray that a want to be wealthy person is working on a cure for the cancer or heart disease that will one day kill you! Liberals will pay for their shameless and pure ignorance.

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by Checkerboard Strangler View Post
    We have FIRE regulations for a reason, yes?
    Fire can be a useful tool, because it can warm your home, forge your steel and iron, cook your food, etc.
    It can also burn down entire towns if left unchecked.

    Capitalism is a lot like FIRE. Left unregulated and unchecked, it can become predatory and very damaging, and it can unearth some pretty awful unintended consequences. And yet when properly harnessed, capitalism can lift entire generations out of poverty, stimulate innovation and launch entirely new industries. Capitalism has demonstrated the capability to serve as a useful and rewarding tool to serve the middle class if it operates under the right kind of regulation.

    So this thread is an effort to explore suggestions and ideas on how to properly regulate capitalism to do just that.
    Well, one of the main problems with regulation is that so many times the people who have major connections to an industry in question are then called upon to regulate it and go against their recent employers, which ain't gonna happen.
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by Mr. Invisible View Post
    Well, one of the main problems with regulation is that so many times the people who have major connections to an industry in question are then called upon to regulate it and go against their recent employers, which ain't gonna happen.
    Hitler Stalin Mao Pol Pot Castro FDR tried to step up regulation and they failed and killed 10's of millions. 330 million people know how to regulate far better through the free market than a few bureaucrats in Washington. Make sense?

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by Checkerboard Strangler View Post
    .

    Capitalism is a lot like FIRE. Left unregulated and unchecked, it can become predatory and very damaging,.
    Obviously wrong. Socialism (heavy regulation) becomes predatory and kills 10's of millions. Capitalism left unregulated is self-correcting
    by compassion. Notice how the liberal so thoroughly accepted his brain washing and gets it perfectly backward but has no idea he has been perfectly manipulated. Astounding!!

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by DifferentDrummr View Post
    I am truly amazed that you haven't been banned.
    I'm truly not amazed that you cant respond substantively and that you wish a violent liberal anti free speech solution so as to escape your inability to participate in debate in a debate forum. Ever see a conservative or libertarian have to run from a debate? What does that teach you?

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by James972 View Post
    I'm truly not amazed that you cant respond substantively and that you wish a violent liberal anti free speech solution so as to escape your inability to participate in debate in a debate forum. Ever see a conservative or libertarian have to run from a debate? What does that teach you?
    You've done it dozens of times.
    American brownshirts include (1) most people who say they're conservative (but aren't), (2) the libertarian-right, and (3) people who approve of Trump's presidency. They are the real enemy of the people.

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by gdgyva View Post
    details, we need details

    regulate HOW

    by WHOM

    controlled by WHAT

    i own a business....ie i am a capitalist at heart....government going to tell me how to run my business? what to pay my vendors? my employees? how much to charge my customers?

    if so, then i am no longer a businessman....just another in a long line of government managers....been there, done that...and already have my tee shirt

    thanks but no thanks

    i dont mind following a few rules as far as safety....and getting licenses....and dealing with the county on zoning bull****

    you can keep the rest of the crap

    Let's look at a few examples of what protecting capitalism from itself might look like (keeping in mind these ideas would really only apply to large corporations and not small businesses like yours):

    Redefining the corporate fiduciary obligations: Instead of to stockholders only, take into account the interests of employees, customers and communities in which the corporation operates.

    CEO compensation: restrictions of how much corporate executives can be paid in stock. One of the results of the recent tax cuts, especially on capital gains, was the buy-back of massive amounts of stock by large corporations in order to goose the stock prices in order for CEOs to be able to sell their shares and take advantage of the new tax laws. This had the effect of artificially goosing the market in general creating a bubble that you can be sure to burst and hurt mainly the middle class who have their 401(k)s and other retirement instruments. And, it greatly expands the wealth gap. A society with a massively top heavy wealthy class while the middle class struggles is inherently unstable and ripe for instability and upheaval.

    Corporate political activity: as a companion to the fiduciary re-alignment, these huge corporations would need authorization of a majority of its shareholders and board (including a representation of its employees) to fund political activities.

    None of these ideas would affect the vast majority of businesses in the country which are individual or family owned. They would not come from any direct government regulation but a simple few ground rule changes in the way corporations are structured. If the Great Recession and Market Crash of 2008 taught us anything it's that rampant, unrestrained capitalism can be as destructive as over-regulation. We're already on track to repeat that lesson if nothing is done to head it off.
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    Re: Why shouldn't capitalism be better regulated?

    Ever see a conservative or libertarian have to run from a debate?
    Mostly all I ever see is their lying, lying more and then doubling or tripling down on all the previous lying.....so no, not usually running away. This doesn't take into account their gross ignorance what their lying about.
    Last edited by digitusmedius; 07-16-19 at 02:23 PM.
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." (authorship disputed)

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by James972 View Post
    Obviously wrong. Socialism (heavy regulation) becomes predatory and kills 10's of millions. Capitalism left unregulated is self-correcting
    by compassion. Notice how the liberal so thoroughly accepted his brain washing and gets it perfectly backward but has no idea he has been perfectly manipulated. Astounding!!
    Astounding indeed. Have you done any research on the number of people whose lives were ruined by the last collapse of "compassionate capitalism" here?*


    *of course, you haven't and would never consider doing so:THE HEALTH EFFECTS OF ECONOMIC DECLINE

    The disease of opiate addiction and the mortality rates shows no sign of abating from the ravaging the lower-middle and predominantly white wage earners due to the last economic crash is well-established. Only a blind supporter of the unrestrained capitalist model could let himself ignore that.
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." (authorship disputed)

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    Re: Why shouldn't capitalism be better regulated?

    Quote Originally Posted by James972 View Post
    Hitler Stalin Mao Pol Pot Castro FDR tried to step up regulation and they failed and killed 10's of millions. 330 million people know how to regulate far better through the free market than a few bureaucrats in Washington. Make sense?
    This is standard extreme right blather that forms the basis of the tired-old (ancient) myth of the "free-market" and religious-like faith in a magical capitalism that has no basis in the real world. It's the economic version of evangelical bible thumping (which it usually accompanies as I'll bet it does with you) which is likewise based on belief rather than fact.
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." (authorship disputed)

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