Capitalism good or bad?

[The United Soviet Socialist Republic]

Worst. Idea. Ever. Period. Feudalism was a better idea than Capitalim.

[Death Metal]

Worst. Idea. Ever. Period. Feudalism was a better idea than Capitalim.

Not that the two are mutually exclusive.

[Ostroeuropa]

Capitalism good or bad?

Yes.

[Death Metal]

"I won awardz on teh interwebs, look at my e-peen" does not impress me.

Hell, I don't even consider the economics Nobel legit, so why the fuck should I care?

[Socialdemokraterne]

Worst. Idea. Ever. Period. Feudalism was a better idea than Capitalim.

Um...I'm pretty sure deep-fried Twinkies and ice cream are still tied for worst idea ever. And what's your alternative to Capitalism again? Leninism? Yeah, that worked out really well. Let's do that again.

[The United Soviet Socialist Republic]

Worst. Idea. Ever. Period. Feudalism was a better idea than Capitalim.

Um...I'm pretty sure deep-fried Twinkies and ice cream are still tied for worst idea ever. And what's your alternative to Capitalism again? Leninism? Yeah, that worked out really well. Let's do that again.

Hey, the Soviet Union wasnt that bad while Lenin was around.

[Socialdemokraterne]

Hey, the Soviet Union wasnt that bad while Lenin was around.

How long did it last before it was replaced with Stalin's weirdo system? Besides, even Lenin himself called the NEP a state capitalist venture, he himself admitted that he never even got to the socialist stage.

[The United Soviet Socialist Republic]

Hey, the Soviet Union wasnt that bad while Lenin was around.

How long did it last before it was replaced with Stalin's weirdo system? Besides, even Lenin himself called the NEP a state capitalist venture, he himself admitted that he never even got to the socialist stage.

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

[Sibirsky]

So...Neoclassical Synthesis, New Keynesian, do you have a favorite orthodox school? Or are you more a heterodox sort of person, like the Austrian School?

Austrian School, obviously. With a healthy bit of respect for some others.

At least I thought, the Austrian bit was obvious.

[Anarchist States Of America]

Good. with limited regulation. But Corporatism sucks

[Ostroeuropa]

How long did it last before it was replaced with Stalin's weirdo system? Besides, even Lenin himself called the NEP a state capitalist venture, he himself admitted that he never even got to the socialist stage.

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

How can the government be trusted, and why do you think it cares.

[Socialdemokraterne]

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

So now that we've established that Capitalism is actually an umbrella term for a variety of systems (of which Lenin's state capitalism is only one), are you prepared to retract the blanket statement that Capitalism is the "worst idea ever" and examine each variant based on its own merits and demerits? O__O

[The United Soviet Socialist Republic]

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

How can the government be trusted, and why do you think it cares.

Because its not profit driven, exept klepocraies. They care because they have a duty to thier people. I would trust the government way before I would trust some greedy rich person.

[The United Soviet Socialist Republic]

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

So now that we've established that Capitalism is actually an umbrella term for a variety of systems (of which Lenin's state capitalism is only one), are you prepared to retract the blanket statement that Capitalism is the "worst idea ever" and examine each variant based on its own merits and demerits? O__O

Yes. But free market capitalism I still call the worst idea ever.

[Sibirsky]

"I won awardz on teh interwebs, look at my e-peen" does not impress me.

Hell, I don't even consider the economics Nobel legit, so why the fuck should I care?

Reported.

Your personal attacks are not welcome on this forum.

[Sibirsky]

Um...I'm pretty sure deep-fried Twinkies and ice cream are still tied for worst idea ever. And what's your alternative to Capitalism again? Leninism? Yeah, that worked out really well. Let's do that again.

Hey, the Soviet Union wasnt that bad while Lenin was around.

[Socialdemokraterne]

Yes. But free market capitalism I still call the worst idea ever.

That's better.

Now why do you say this?

[Sibirsky]

How long did it last before it was replaced with Stalin's weirdo system? Besides, even Lenin himself called the NEP a state capitalist venture, he himself admitted that he never even got to the socialist stage.

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

[Death Metal]

How long did it last before it was replaced with Stalin's weirdo system? Besides, even Lenin himself called the NEP a state capitalist venture, he himself admitted that he never even got to the socialist stage.

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

Except, in North Korea they have state capitalism, and 1% of the nation starves the 99%.

[Ostroeuropa]

How can the government be trusted, and why do you think it cares.

Because its not profit driven, exept klepocraies. They care because they have a duty to thier people. I would trust the government way before I would trust some greedy rich person.

It's power driven.
You don't need profit if you can just requisistion shit, what'd be the point.
Give a corporation the choice between 50,000 bucks or 100,000 bucks worth of stuff they want, what do you think is gonna happen.

[The United Soviet Socialist Republic]

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

So you think that rich people actually give a flying crap about starving poor people?

[Sibirsky]

How can the government be trusted, and why do you think it cares.

Because its not profit driven, exept klepocraies. They care because they have a duty to thier people. I would trust the government way before I would trust some greedy rich person.

[Sibirsky]

So now that we've established that Capitalism is actually an umbrella term for a variety of systems (of which Lenin's state capitalism is only one), are you prepared to retract the blanket statement that Capitalism is the "worst idea ever" and examine each variant based on its own merits and demerits? O__O

Yes. But free market capitalism I still call the worst idea ever.

[The United Soviet Socialist Republic]

Well state capitalism is good, 1% of the nation cant be trusted to not starve the 99%, but the government cares about its people and can be trusted.

Except, in North Korea they have state capitalism, and 1% of the nation starves the 99%.

Genocidal dictatorships like North Korea are closer to kleptocracies, like Zimbabwe.

[Socialdemokraterne]

Because its not profit driven, exept klepocraies. They care because they have a duty to thier people. I would trust the government way before I would trust some greedy rich person.

Sib, for the love of all that's holy, spare your face any further misery! I can't stand by and watch you destroy it like this! I care!