Why do so many people hate capitalism?

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BossPerson

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#101 BossPerson
Member since 2011 • 9177 Posts
However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).ShadowMoses900
Haven't all the Kibbutz been turned into regular towns now?
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ShadowMoses900

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#102 ShadowMoses900
Member since 2010 • 17081 Posts

[QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).BossPerson
Haven't all the Kibbutz been turned into regular towns now?

Not that I know of, they do have commerce areas outside of them I'm sure. But there are still plenty of Kibbutz's, I talked to someone on the phone who was living on one.

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#103 BossPerson
Member since 2011 • 9177 Posts

[QUOTE="BossPerson"][QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).ShadowMoses900

Haven't all the Kibbutz been turned into regular towns now?

Not that I know of, they do have commerce areas outside of them I'm sure. But there are still plenty of Kibbutz's, I talked to someone on the phone who was living on one.

Interesting. I've always wanted to live in one for a while and see how the people live.
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dercoo

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#104 dercoo
Member since 2006 • 12555 Posts

[QUOTE="GazaAli"]Because its making us miserable.Storm_Marine

If it wasn't for capitalism, the Gaza Strip would be powerful and prosperous nation.

:lol:.

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Dogswithguns

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#105 Dogswithguns
Member since 2007 • 11359 Posts
I don't know... ?!... but. Why do America hates the communists?!
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MrPraline

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#106 MrPraline
Member since 2008 • 21351 Posts
However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).ShadowMoses900
Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).
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#107 BossPerson
Member since 2011 • 9177 Posts
[QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).MrPraline
Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).

Check out Beirut as well. Not even joking.
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dercoo

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#108 dercoo
Member since 2006 • 12555 Posts

I don't know... ?!... but. Why do America hates the communists?!Dogswithguns

Communism by its nature sacrifices freedoms & liberties for safety and control.

That runs counter with the core founding principles of the nation.

That, and its caused the death of millions, continues to violate human rights, and proves a breeding ground for political corruption.

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Omni-Wrath

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#109 Omni-Wrath
Member since 2008 • 1970 Posts

[QUOTE="Dogswithguns"]I don't know... ?!... but. Why do America hates the communists?!dercoo

Communism by its nature sacrifices freedoms & liberties for safety and control.

That runs counter with the core founding principles of the nation.

That, and its caused the death of millions, continues to violate human rights, and proves a breeding ground for political corruption.

And also the propaganda against Communism was powerful. Most people don't even know what socialism or communism is, they just spout "it's evil".

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Dogswithguns

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#110 Dogswithguns
Member since 2007 • 11359 Posts

[QUOTE="Dogswithguns"]I don't know... ?!... but. Why do America hates the communists?!dercoo

Communism by its nature sacrifices freedoms & liberties for safety and control.

That runs counter with the core founding principles of the nation.

That, and its caused the death of millions, continues to violate human rights, and proves a breeding ground for political corruption.

Your dad told you that?.. and your grampa told your dad that?.. have you ever been to those countries? No?... do we have to hate them?.. No?
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#111 BossPerson
Member since 2011 • 9177 Posts

[QUOTE="dercoo"]

[QUOTE="Dogswithguns"]I don't know... ?!... but. Why do America hates the communists?!Omni-Wrath

Communism by its nature sacrifices freedoms & liberties for safety and control.

That runs counter with the core founding principles of the nation.

That, and its caused the death of millions, continues to violate human rights, and proves a breeding ground for political corruption.

And also the propaganda against Communism was powerful. Most people don't even know what socialism or communism is, they just spout "it's evil".

Was going to say the same thing. The poster above you described bastardizations of Marx's theories mixed with their own policies. Saying communism caused the deaths of millions of peasants is like saying Atheism caused the deaths of millions because Stalin was atheist.
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deactivated-6127ced9bcba0

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#112 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

Can I please get you republican ass to reality? I don't mean to be offensive, don't take it this way.GazaAli

What don't you understand? They deregulated the financial market and forced banks to give loans to people who could never afford to pay them back. We're not in this mess because of capitalism, we're in it because of government.

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MrPraline

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#113 MrPraline
Member since 2008 • 21351 Posts
[QUOTE="MrPraline"][QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).BossPerson
Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).

Check out Beirut as well. Not even joking.

Beirut sounds cool too. Have some other ME options as well, namely Dubai and Jordan. Would be pretty interesting to visit that part of the world once.
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deactivated-6127ced9bcba0

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#114 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

pretty sure it was the banks.

TopTierHustler

That were forced to lend because if they didn't the government was going to penalize them.

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Abbeten

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#115 Abbeten
Member since 2012 • 3140 Posts

[QUOTE="GazaAli"]Can I please get you republican ass to reality? I don't mean to be offensive, don't take it this way.airshocker

What don't you understand? They deregulated the financial market and forced banks to give loans to people who could never afford to pay them back. We're not in this mess because of capitalism, we're in it because of government.

Hahah this is great. First off, the CRA (to which you are undoubtedly implicitly referring) held no authority over the financial institutions that made the majority of loans that ruined the economy. This was a case of unfettered capitalism crashing the economy. Second, government ruined the economy because it gave the market free reign to do what it wanted?
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deactivated-6127ced9bcba0

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#116 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

I hear that often. I'm assuming you mean too much regulation caused this?BossPerson

Refer to coolbeans' post. Unlike most people here, he knows what actually started this recession.

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dercoo

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#117 dercoo
Member since 2006 • 12555 Posts

[QUOTE="dercoo"]

[QUOTE="Dogswithguns"]I don't know... ?!... but. Why do America hates the communists?!Dogswithguns

Communism by its nature sacrifices freedoms & liberties for safety and control.

That runs counter with the core founding principles of the nation.

That, and its caused the death of millions, continues to violate human rights, and proves a breeding ground for political corruption.

Your dad told you that?.. and your grampa told your dad that?.. have you ever been to those countries? No?... do we have to hate them?.. No?

All I said was fact.:|

You have less individual freedoms under communism. Even in its "perfect" on paper form you relinquish private property rights for the greater good of the nation.

Both Stalin and Mao have killed millions of their own. The "oh they were not Communist" notion is also bull ****. Communism flawed structure of putting all power into the hands of the state leaves it open, and easily vulnerable to rotting from the top down.

And China's political system is one of the worst in the world, and is notorious for its corruption and bribery.

Unlike Socialism, Communism is a failed political ideology.

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ShadowMoses900

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#118 ShadowMoses900
Member since 2010 • 17081 Posts

[QUOTE="ShadowMoses900"]

[QUOTE="BossPerson"]Haven't all the Kibbutz been turned into regular towns now? BossPerson

Not that I know of, they do have commerce areas outside of them I'm sure. But there are still plenty of Kibbutz's, I talked to someone on the phone who was living on one.

Interesting. I've always wanted to live in one for a while and see how the people live.

There are different types of Kibbutz's, some are religious ones and others are not so much. Some only speak Hebrew while others speak English as well. You meet people all over the world from there, some of those people may end up being world leaders, you never know.

There are some Kibbutzs that are mixed with Arabs and Jews, which if I recall you are an Arab, so you might like to go to those one's. I think it's cool to see Jews and Arabs living together without fighting, both raising their kids together and eating dinner. It's a sign from God I think.

I plan on going to one of the more secular ones that speak English (they speak and teach Hebrew as well). So if you do go make sure you tell the Kibbutz board area (or whatever it is called) that you want an English speaking more secular one.

You can also go around the city after you finish working, but don't do it by yourself on holidays as sometimes the Orthodox Jews (the very strict religious ones) can get mean to others (including other Jews who are not Orthodox).

But they give you a bed, they give you clothes and food. You just work for about 5 hours a day or so and live there with others.

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deactivated-6127ced9bcba0

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#119 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

Hahah this is great. First off, the CRA (to which you are undoubtedly implicitly referring) held no authority over the financial institutions that made the majority of loans that ruined the economy. This was a case of unfettered capitalism crashing the economy. Second, government ruined the economy because it gave the market free reign to do what it wanted?Abbeten

You're leaving out the bit concerning President Clinton and undersecretary for HUD Andrew Cuomo pushing for financial institutions to give these loans to people who couldn't afford them.

That makes it government's fault. It's their job to ensure something like this doesn't happen, yet they were the architects of it.

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#120 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="airshocker"]

[QUOTE="GazaAli"]Can I please get you republican ass to reality? I don't mean to be offensive, don't take it this way.Abbeten

What don't you understand? They deregulated the financial market and forced banks to give loans to people who could never afford to pay them back. We're not in this mess because of capitalism, we're in it because of government.

Hahah this is great. First off, the CRA (to which you are undoubtedly implicitly referring) held no authority over the financial institutions that made the majority of loans that ruined the economy. This was a case of unfettered capitalism crashing the economy. Second, government ruined the economy because it gave the market free reign to do what it wanted?

By abdicating its role as a countermeasure to collective retardation? Yeah, I'M SURE THAT HAD NOTHING TO DO WITH THE FACT THAT THE FINANCIAL INDUSTRY IMPLODED, BRAHMSKI.

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Abbeten

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#122 Abbeten
Member since 2012 • 3140 Posts

[QUOTE="Abbeten"]Hahah this is great. First off, the CRA (to which you are undoubtedly implicitly referring) held no authority over the financial institutions that made the majority of loans that ruined the economy. This was a case of unfettered capitalism crashing the economy. Second, government ruined the economy because it gave the market free reign to do what it wanted?airshocker

You're leaving out the bit concerning President Clinton and undersecretary for HUD Andrew Cuomo pushing for financial institutions to give these loans to people who couldn't afford them.

That makes it government's fault. It's their job to ensure something like this doesn't happen, yet they were the architects of it.

Except subprime loans formed something like 10% of the toxic assets that soured the economy. You're invoking a long-debunked argument. Government is responsible insofar as they failed to update regulation to reflect the development of financial tools like derivatives and credit default swaps and mortgage backed securities that actually ruined the economy. But it's silly to blame them over the banks.
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ShadowMoses900

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#123 ShadowMoses900
Member since 2010 • 17081 Posts

[QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).MrPraline
Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).

I have Jewish Heritage so that is part of the reason why I am going, but I want to experience life outside the states as well. Only other country I have been to was Canada, which is not really different from the US like people think.

In some politics maybe it is, but most Canadains live very simialr life styles, and surprisingly have many of the same problems we do.

Tel Aviv is like a party city, it's like the Miami of Israel lol. Don't worry about your motivations, I'm sure they are fine. As long as you want to learn about something then I see no problem. Some people go for relgious reasons (I plan on visiting some religious sites, both Jewish and Christian. Dome of the Rock is only for devout Muslims).

But if you do go to Israel you will be blacklisted from the Arab and Persian countries, they won't let you visit them. And if you are a Jew the only country in the ME you can really go to is Israel because many of the other ones will kill you.

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StatusShuffle

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#124 StatusShuffle
Member since 2012 • 1908 Posts

[QUOTE="MrPraline"][QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).ShadowMoses900

Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).

I have Jewish Heritage so that is part of the reason why I am going, but I want to experience life outside the states as well. Only other country I have been to was Canada, which is not really different from the US like people think.

In some politics maybe it is, but most Canadains live very simialr life styles, and surprisingly have many of the same problems we do.

Tel Aviv is like a party city, it's like the Miami of Israel lol. Don't worry about your motivations, I'm sure they are fine. As long as you want to learn about something then I see no problem. Some people go for relgious reasons (I plan on visiting some religious sites, both Jewish and Christian. Dome of the Rock is only for devout Muslims).

But if you do go to Israel you will be blacklisted from the Arab and Persian countries, they won't let you visit them. And if you are a Jew the only country in the ME you can really go to is Israel because many of the other ones will kill you.

Persia? Persia been gone for awhile dawg homie.
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deactivated-6127ced9bcba0

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#125 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

Except subprime loans formed something like 10% of the toxic assets that soured the economy. You're invoking a long-debunked argument. Government is responsible insofar as they failed to update regulation to reflect the development of financial tools like derivatives and credit default swaps and mortgage backed securities that actually ruined the economy. But it's silly to blame them over the banks.Abbeten

Banks can only do something when the government allows them. It's ultimately the government's fault.

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MrPraline

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#126 MrPraline
Member since 2008 • 21351 Posts

[QUOTE="MrPraline"][QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).ShadowMoses900

Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).

I have Jewish Heritage so that is part of the reason why I am going, but I want to experience life outside the states as well. Only other country I have been to was Canada, which is not really different from the US like people think.

In some politics maybe it is, but most Canadains live very simialr life styles, and surprisingly have many of the same problems we do.

Tel Aviv is like a party city, it's like the Miami of Israel lol. Don't worry about your motivations, I'm sure they are fine. As long as you want to learn about something then I see no problem. Some people go for relgious reasons (I plan on visiting some religious sites, both Jewish and Christian. Dome of the Rock is only for devout Muslims).

But if you do go to Israel you will be blacklisted from the Arab and Persian countries, they won't let you visit them. And if you are a Jew the only country in the ME you can really go to is Israel because many of the other ones will kill you.

Yeah I've been to plenty of different European countries over the years, and while you do know you are something foreign, life isn't much different. The capital of Estonia could've easily been a shopping center in Paris or London. My parents love Israel for religious reasons so if they go back there I will probably join them. Good opportunity to see that part of the world.
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Mafiree

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#127 Mafiree
Member since 2008 • 3704 Posts

[QUOTE="Storm_Marine"]

[QUOTE="XaosII"]

Even so, I think capitalism (with regulations) is the best economic system for large countries.

XaosII

What about small countries? :|

Maybe. A small, undeveloped country could probably benefit more from a tighter control of economic systems than capitalism until they get a much more stable economy.

Empirical evidence suggests differently......
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Abbeten

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#128 Abbeten
Member since 2012 • 3140 Posts

[QUOTE="Abbeten"]Except subprime loans formed something like 10% of the toxic assets that soured the economy. You're invoking a long-debunked argument. Government is responsible insofar as they failed to update regulation to reflect the development of financial tools like derivatives and credit default swaps and mortgage backed securities that actually ruined the economy. But it's silly to blame them over the banks.airshocker

Banks can only do something when the government allows them. It's ultimately the government's fault.

This is silly. This is like blaming the mother for her child's broken arm because she allowed him to play football. Did the government do everything it could and should have done to prevent this recession? Absolutely not. Is it solely responsible for the crash? No. They reeeeeaaaaally need to get on that regulation game though. But they won't. There seems to be a certain faction in congress that is utterly opposed to any amount of regulation at all.
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BossPerson

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#129 BossPerson
Member since 2011 • 9177 Posts
[QUOTE="airshocker"]

[QUOTE="Abbeten"]....Government gives them freedom to run amok, they run amok and you blame the government? I agree the government should be blamed, but more blame should be put on the heads of the institutions that caused this, since they.. like... you know.....made the decisions that lead to this???

[QUOTE="MrPraline"][QUOTE="ShadowMoses900"]However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).ShadowMoses900

Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).

I have Jewish Heritage so that is part of the reason why I am going, but I want to experience life outside the states as well. Only other country I have been to was Canada, which is not really different from the US like people think.

In some politics maybe it is, but most Canadains live very simialr life styles, and surprisingly have many of the same problems we do.

Tel Aviv is like a party city, it's like the Miami of Israel lol. Don't worry about your motivations, I'm sure they are fine. As long as you want to learn about something then I see no problem. Some people go for relgious reasons (I plan on visiting some religious sites, both Jewish and Christian. Dome of the Rock is only for devout Muslims).

But if you do go to Israel you will be blacklisted from the Arab and Persian countries, they won't let you visit them. And if you are a Jew the only country in the ME you can really go to is Israel because many of the other ones will kill you.

Have you ever been to Israel before? I'm assuming your going to visit Jerusalem as well?
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coolbeans90

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#130 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="Abbeten"]Except subprime loans formed something like 10% of the toxic assets that soured the economy. You're invoking a long-debunked argument. Government is responsible insofar as they failed to update regulation to reflect the development of financial tools like derivatives and credit default swaps and mortgage backed securities that actually ruined the economy. But it's silly to blame them over the banks.airshocker

Banks can only do something when the government allows them. It's ultimately the government's fault.

It's, like, both-ish.

Gov't decided to let ppl choose to be retarded despite the fact that their actions had consequences that affected OTHER people - externalities, etc.

THAT WAS BAD.

Banks did dumb sh!t to up their quarterlies b/c it made the guy in the corner office look GREAT

They also monkeyed with credit agencies and sh!t

that was bad

and dumbass bought a house because he wanted it

the moral of the story is that everyone is stupid, fat, ugly, gross and gay.

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ShadowMoses900

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#131 ShadowMoses900
Member since 2010 • 17081 Posts

[QUOTE="ShadowMoses900"]

[QUOTE="MrPraline"]Very interesting. Tell us about your experiences once you return. I'm planning on visiting Israel as well (coming few years), but afraid my motivations aren't as pure as yours. Basically just want to see the middle east once and enjoy the Tel Aviv night life ( : 3 ).StatusShuffle

I have Jewish Heritage so that is part of the reason why I am going, but I want to experience life outside the states as well. Only other country I have been to was Canada, which is not really different from the US like people think.

In some politics maybe it is, but most Canadains live very simialr life styles, and surprisingly have many of the same problems we do.

Tel Aviv is like a party city, it's like the Miami of Israel lol. Don't worry about your motivations, I'm sure they are fine. As long as you want to learn about something then I see no problem. Some people go for relgious reasons (I plan on visiting some religious sites, both Jewish and Christian. Dome of the Rock is only for devout Muslims).

But if you do go to Israel you will be blacklisted from the Arab and Persian countries, they won't let you visit them. And if you are a Jew the only country in the ME you can really go to is Israel because many of the other ones will kill you.

Persia? Persia been gone for awhile dawg homie.

Persian countries, yes Persia it'self is gone (now Iran) but it's people and culture still exists.

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#132 unrealtron
Member since 2010 • 3148 Posts
Here in venezuela we have socialism, and it really sucks.
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#133 RushKing
Member since 2009 • 1785 Posts

[QUOTE="RushKing"]

[QUOTE="ShadowMoses900"]

Capitalism and Socialism are both nesseccary for a society to work. You cannot have one without the other, doing so would be disasterous.

People that claim they hate capitalism are hypocrites, they still shop at stores, they still wear name brand products and clothes, capitalism gives a reason for people to work, to stive to get ahead.

This is like saying slavery gives people a reason to work, capitalism forces people to work for bosses due to the threat of starvation. We shop because we are traped within the capitalist system and are forced to partake in it.


You are free to shop where you want and find a new job if you want to. You are not a slave at all. Capitalism has it's flaws, and in some instances we can be "slaves" to debt and mortgage bills ect....but you are free to spend your hard earned money how you so choose. How is that slavery?

No, with a bad unemployment rate people are forced to grab the first job they land, so they can't even pick their bosses.

It encourages trade which generates wealth and the more people trade the less they fight, ideas and information are introduced and mixed. Capatilism is benefical to society.

Ideas and information are oftensuppressed by bosses or hiden from the public, have you heard of "intellectual property"?

This makes no sense.

In terms of cultures, groups that trade live in peace and intermingle, groups that do not go to war. Trade brings peace, it also birngs quality. It is because of capatilism that we have safer cars to drive, there was a person who made car A and made money, another person decided to make a car B that was safer to make profit. The first person then improved car A to compete, eventually all cars had safety features.

You are free at anytime to come up with a new idea and introduce it. I do not see how that is oppressed.

No, you are not. CEOs often supress ideas and even fire people just for asking. In corperations everyone is at the mercy of the CEO and takes orders from the top down.

If you buy a product from a mom and pop store your supporting not only the owners but also the manufacturer, which in turn gives them money so they can buy more things, perhaps from the company you work for, which in turn gives you money and keeps you employed.

Free markets are not democracies, a dollar can not count as a vote if some have have more than others.

They are democracies in a sense, people vote with their wallets. People buy the product that is in the most demand, or at the cheaper price or for any other number of reasons. You have every right to shop where you want to, I was explaining how they cycle worked.

If you buy orang juice at a store, your money is paying for the employees who work at the store, and they then order more orange juice which in turn pays for the truck drive to deliver the juice to that store, which then in turn pays for the manufacturers of that juice. It's a cycle and we are all part of it.

Of course there will always be some people who have more than others. Some deserve it, others do not. It is not perfect, but the current alternatives are disaterous.

Still not a democracy though, and there are plenty of better alternatives imo.

It's a cycle. It also encourages competition, if there was only one car maker the car could be an over priced pice of sh!t but you would have no choice but to drive it.

Top down hierarchysare not required for competition and efficiency. What if multiple cooperativescompeted with each other?

I don't understand, what hierachy are you referring to exactly? There are multiple car manufactures, they compete with each other and the consumer get's the best deal.

Corporate hierarchy; people take orders from the top down.

Because of Capatilism there are multiple cars and the consumer get's the better end of the deal because people are allowed to make and improve things for a profit. People who are against capatilism are anti-progress.

Capatilism is not required for progress, direct democracy and self management lets everyone share their ideas and thoughts in the workplace.

Capitism combined with Socialism is nesseccary for progress. Direct democracy and self managment are both by products of capitilism, people will not share their ideas if there is no need too.

Under capitalism most people in buisness take orders from the top down, they are tyranniesand are anti-democratic.

If I had an idea to make a flying car, why would I do it if there was no incentive to do so? To do that I would need help to make a flying car, but who would help me if I have nothing to offer them?

You can start a cooperative deticated to producing a flying car. None of the poeple who work on linux do it for "incentive", they do it becuase programing is their passon.

That's where money comes in, which capitalism generates.

ShadowMoses900

My responses in bold.

Capitalism has it's flaws, but it is nessaccary. Someday we may come up with a better system. Capitalism mixed with Socialism is the only way for a soceity to function.

However I am planning on going to Israel soon and am going to live on a Kibbutz, which is a commune where there is no money involved. It may give teach me more about the world I'm sure, but even the Kibbutzes do trade amonst each other (a Kibbutz that grows apples will trade with others for their products).

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deactivated-6127ced9bcba0

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#134 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

This is silly. This is like blaming the mother for her child's broken arm because she allowed him to play football. Did the government do everything it could and should have done to prevent this recession? Absolutely not. Is it solely responsible for the crash? No. They reeeeeaaaaally need to get on that regulation game though. But they won't. There seems to be a certain faction in congress that is utterly opposed to any amount of regulation at all. Abbeten

I'm not saying it's solely their responsibility, but ultimately the buck stops with them.

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Abbeten

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#135 Abbeten
Member since 2012 • 3140 Posts

[QUOTE="Abbeten"]This is silly. This is like blaming the mother for her child's broken arm because she allowed him to play football. Did the government do everything it could and should have done to prevent this recession? Absolutely not. Is it solely responsible for the crash? No. They reeeeeaaaaally need to get on that regulation game though. But they won't. There seems to be a certain faction in congress that is utterly opposed to any amount of regulation at all. airshocker

I'm not saying it's solely their responsibility, but ultimately the buck stops with them.

Which is essentially saying that the banks are not responsible for their own actions.
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deactivated-6127ced9bcba0

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#136 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

Which is essentially saying that the banks are not responsible for their own actions.Abbeten

angry-no.jpg

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-Sun_Tzu-

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#137 -Sun_Tzu-
Member since 2007 • 17384 Posts

[QUOTE="Abbeten"]Except subprime loans formed something like 10% of the toxic assets that soured the economy. You're invoking a long-debunked argument. Government is responsible insofar as they failed to update regulation to reflect the development of financial tools like derivatives and credit default swaps and mortgage backed securities that actually ruined the economy. But it's silly to blame them over the banks.airshocker

Banks can only do something when the government allows them. It's ultimately the government's fault.

So then am I to believe that you support strong, robust financial regulations?
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Abbeten

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#138 Abbeten
Member since 2012 • 3140 Posts

[QUOTE="Abbeten"]Which is essentially saying that the banks are not responsible for their own actions.airshocker

How about we both agree that the government should pass regulation on financial institutions and call it a day?
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deactivated-6127ced9bcba0

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#139 deactivated-6127ced9bcba0
Member since 2006 • 31700 Posts

So then am I to believe that you support strong, robust financial regulations? -Sun_Tzu-

That depends on your definition.

If we're talking about regulations that were in place before Clinton and Cuomo got their paws on them, sure.

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Abbeten

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#140 Abbeten
Member since 2012 • 3140 Posts

[QUOTE="-Sun_Tzu-"]So then am I to believe that you support strong, robust financial regulations? airshocker

That depends on your definition.

If we're talking about regulations that were in place before Clinton and Cuomo got their paws on them, sure.

Financial deregulation has been happening for decades, man. Sure, Glass-Steagall should be reinstated. But so should the regulations that Carter and Reagan repealed. Not to mention that the activities that crashed the economy in the first place weren't covered by the regulations Clintion did away with.
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thebest31406

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#141 thebest31406
Member since 2004 • 3775 Posts

[QUOTE="Omni-Wrath"]

Nothing as long as there is some regulation. The owners are indifferent to the workers and don't mind taking advantage of them, which is why we have minimum wage and employment benefits.

If a nation is going to claim to be moral, then you can't run society as dog eat dog. If you can't even provide HEALTH to your people, can you consider that to be a moral nation. A nation that lets insurance companies decide weather you live or die, a nation that allows your employers to screw you over, a nation that allows class warfare to be inevitable-that can be the very outcome from full blow capitalism.

Laihendi

Why does anyone deserve a minimum wage?

Why does anyone deserve a minimum wage.....

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deactivated-5b78379493e12

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#142 deactivated-5b78379493e12
Member since 2005 • 15625 Posts

Wanting regulation is not anti-capitalism. Wanting a soceity that doesn't have such a wide gap between rich and poor isn't anti-captitalism.

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BuryMe

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#143 BuryMe
Member since 2004 • 22017 Posts

There's nothing wrong with capitalism. There's just something wrong with absolutely no government involvement. Markets are doing a very poor job regulating themselves. The government des sometimesneed to step in to make sure that people aren't being totally gouged.

Companies, left unchecked, can enslave us just as much as the government can.

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BuryMe

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#144 BuryMe
Member since 2004 • 22017 Posts

[QUOTE="Omni-Wrath"]

Nothing as long as there is some regulation. The owners are indifferent to the workers and don't mind taking advantage of them, which is why we have minimum wage and employment benefits.

If a nation is going to claim to be moral, then you can't run society as dog eat dog. If you can't even provide HEALTH to your people, can you consider that to be a moral nation. A nation that lets insurance companies decide weather you live or die, a nation that allows your employers to screw you over, a nation that allows class warfare to be inevitable-that can be the very outcome from full blow capitalism.

Laihendi

Why does anyone deserve a minimum wage? Why does one man deserve $7.25/hour to do a job when there are countless other people who are willing to do the same job for less? If someone is offering work for horribly low pay and no benefits, aren't we all free to simply decline the job offer?

What happens if thats our only option? You'd essentially be forced to work for that horribly low wage or starve.

If companies could get away with it, they would. They don't pay us more out of the goodness of their hearts. That hurts their bottom line. That's why we need to degree of regulation.

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BuryMe

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#145 BuryMe
Member since 2004 • 22017 Posts

[QUOTE="-Sun_Tzu-"][QUOTE="Laihendi"]If something does not belong to anyone, it can be claimed by anyone. The person who can enforce that claim of ownership is effectively the owner, until he relinquishes it to someone else (charity, trade, etc).Laihendi
So just because someone says or "claims" they own something means that they will forever own it unless they say otherwise? Why is that?

You're ignoring the part about enforcing the claim. I can claim some crater on the Moon as my own, but I can't enforce that claim. If some rich guy claims said crater as his own, creates his own space agency, hires astronauts/engineers/whatever else, builds spaceships, builds a small colony at said crater, and moves there with his family, he can enforce that claim of ownership.

Actually he can't.

International agreements forbid making claim to extra terrestrial bodies. You can, using your own money, put something on the moon and continue to claim that object is yours, but you can't own any part of the moon its self.

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BuryMe

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#146 BuryMe
Member since 2004 • 22017 Posts

[QUOTE="ghoklebutter"]Because it's inherently inegalitarian.Laihendi
Why is the concept of egalitarianism a good thing? Why are we all deserving of economic equality? Does a part-time cashier at McDonald's deserve to be the economic equal of a very talented and hard-working doctor?

It's no so much about qeual wage. It's about equal opportunity.

Now, more than ever, the amount of money your parents have plays a huge role in your earning potential. You could be a great worker, and a great potential worker, but if you can't afford university, you're stuck. Not every one can get scholarships, either.

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ferrari2001

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#147 ferrari2001
Member since 2008 • 17772 Posts

Because unchecked capitalism can lead to unfair distribution of power through wealth, monopolies, resource exploitation, repression of unions, no concern for the environment, and lots of other issues.

Even so, I think capitalism (with regulations) is the best economic system for large countries.

XaosII
No matter what form of economic regulations or political systems you have put in place there with always be an uneven distribution of wealth, power, and resources. While I agree capitalism does need some regulations, to much regulations also causes other areas of uneven distribution. We are doomed into a constant system where no matter what we do someone will be thrown under the bus.
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LOXO7

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#148 LOXO7
Member since 2008 • 5595 Posts
How is it their money or property? -Sun_Tzu-
Yeah, it's the Federal Reserves money. They made it. Or wait, did the government make it? I don't know who made what any more.
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#149 BuryMe
Member since 2004 • 22017 Posts

[QUOTE="GazaAli"]Can I please get you republican ass to reality? I don't mean to be offensive, don't take it this way.airshocker

What don't you understand? They deregulated the financial market and forced banks to give loans to people who could never afford to pay them back. We're not in this mess because of capitalism, we're in it because of government.

Does not compute...

How does deregulation force the banks to do something?

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LOXO7

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#150 LOXO7
Member since 2008 • 5595 Posts

There's nothing wrong with capitalism. There's just something wrong with absolutely no government involvement. Markets are doing a very poor job regulating themselves. The government des sometimesneed to step in to make sure that people aren't being totally gouged.

Companies, left unchecked, can enslave us just as much as the government can.

BuryMe

Pfft. What do you call the governments bailout of the auto industries? That looks like government enslavement. I don't know how they got persuaded by those corporate lobbyists, oh wait, yes I do. The politicians got theirs. Didn't they? They couldn't have been turned by that line, "Too big to fail."

Taxes are chains. McDonalds wouldn't make any profit if they paid their workers 10 cents an hour and still kept their dollar menu. Henry Ford started paying his employees $5 and hour so they could afford his cars he built (or government). Their would be no downside to removing the minimum wage regulation and reducing the taxes, drastically.