Communism VS. Laissez-Faire Capitalism

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HomicidalCherry

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#401 HomicidalCherry
Member since 2009 • 959 Posts

[QUOTE="Hewkii"]it was a modern parallel on the off chance that early 20th Century global politics may fly over some heads. and I doubt 'most Americans would have wanted the islands' as trade partners, instead of actual land.fidosim
How did we end up with the Philippine Islands in the first place? The War with Spain. Why did we go to war with Spain? We wanted to free Cuba. Most Americans were not oblivious to the fact that we went into the war to liberate Cuba, and ended up controlling almost the entire Spanish colonial empire. Given also the United States' history of anti-colonialism, it is not farfetched at all to conclude that Americans didn't necessarily want a colonial empire like the Euros had.

Well they certainly got one. We may have wanted overseas territories for economic reasons, but we used the same brutal, demeaning, and de-humanizing tactics when dealing with the locals that the Europeans used. We went to war, outraged with Spanish atrocities in Cuba, then outdid them by murdering thousands of innocent Filipinos to put down a rebellion.

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Hewkii

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#402 Hewkii
Member since 2006 • 26339 Posts

Well they certainly got one. We may have wanted overseas territories for economic reasons, but we used the same brutal, demeaning, and de-humanizing tactics when dealing with the locals that the Europeans used. We went to war, outraged with Spanish atrocities in Cuba, then outdid them by murdering thousands of innocent Filipinos to put down a rebellion.

HomicidalCherry
this, fidosim. we literally acted exactly like the Europeans did, how are we any different?
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fidosim

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#403 fidosim
Member since 2003 • 12901 Posts
[QUOTE="fidosim"] It simply didn't want to contruct an overseas empire based entirely off of landed expansion like those of Britain or Spain.Hewkii
please define precisely what you mean by this. specifically, how does the British or Spanish imperialism differ from the American variety?

Simply put, Britain planted a flag in India and decreed that they were now British subjects. The U.S. simply wanted new markets for its surplus goods. Most policymakers didn't care so much whether or not a given territory was "owned" by the U.S. on a political map of the world or not.
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Hewkii

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#404 Hewkii
Member since 2006 • 26339 Posts
Simply put, Britain planted a flag in India and decreed that they were now British subjects. The U.S. simply wanted new markets for its surplus goods. Most policymakers didn't care so much whether or not a given territory was "owned" by the U.S. on a political map of the world or not.fidosim
except that the British did this all the time.
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fidosim

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#405 fidosim
Member since 2003 • 12901 Posts
Well they certainly got one. We may have wanted overseas territories for economic reasons, but we used the same brutal, demeaning, and de-humanizing tactics when dealing with the locals that the Europeans used. We went to war, outraged with Spanish atrocities in Cuba, then outdid them by murdering thousands of innocent Filipinos to put down a rebellion.HomicidalCherry
Yes, but remember how Teddy wanted an independent government in the Philippines? The U.S. tried to strike a balance between retaining its anti-imperial ways while still competing economically with the Euros abroad.
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jetpower3

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#406 jetpower3
Member since 2005 • 11631 Posts

Oh now thats just interesting, and here I thought almost everyone on gamespot is a sould hater of communism, interesting to see it has 44%. I vote for communism.

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"No enemies to the left".

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hamstergeddon

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#407 hamstergeddon
Member since 2006 • 7188 Posts
[QUOTE="Hewkii"][QUOTE="fidosim"] It simply didn't want to contruct an overseas empire based entirely off of landed expansion like those of Britain or Spain.fidosim
please define precisely what you mean by this. specifically, how does the British or Spanish imperialism differ from the American variety?

Simply put, Britain planted a flag in India and decreed that they were now British subjects. The U.S. simply wanted new markets for its surplus goods. Most policymakers didn't care so much whether or not a given territory was "owned" by the U.S. on a political map of the world or not.

yea. America today is an economic imperialist, as apposed to Britain which was a territorial imperialistic empire
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fidosim

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#408 fidosim
Member since 2003 • 12901 Posts
[QUOTE="fidosim"]Simply put, Britain planted a flag in India and decreed that they were now British subjects. The U.S. simply wanted new markets for its surplus goods. Most policymakers didn't care so much whether or not a given territory was "owned" by the U.S. on a political map of the world or not.Hewkii
except that the British did this all the time.

Still, they liked to own stuff.
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fidosim

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#409 fidosim
Member since 2003 • 12901 Posts
yea. America today is an economic imperialist, as apposed to Britain which was a territorial imperialistic empirehamstergeddon
Yes, well what happened after the Second World War? The Brits let us build bases around their empire as it was fragmenting. There's quite a bit of symbolism behind that.
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Hewkii

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#410 Hewkii
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Yes, well what happened after the Second World War? The Brits let us build bases around their empire as it was fragmenting. There's quite a bit of symbolism behind that.fidosim
or maybe the Brits realized that it was easier to screw the developing world when you don't actually have the responsibility of upholding law and order? hmm maybe.
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fidosim

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#411 fidosim
Member since 2003 • 12901 Posts
[QUOTE="fidosim"]Yes, well what happened after the Second World War? The Brits let us build bases around their empire as it was fragmenting. There's quite a bit of symbolism behind that.Hewkii
or maybe the Brits realized that it was easier to screw the developing world when you don't actually have the responsibility of upholding law and order? hmm maybe.

Or maybe the white man's burden was just too heavy for the Brits in the war's aftermath.
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HomicidalCherry

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#412 HomicidalCherry
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[QUOTE="HomicidalCherry"]Well they certainly got one. We may have wanted overseas territories for economic reasons, but we used the same brutal, demeaning, and de-humanizing tactics when dealing with the locals that the Europeans used. We went to war, outraged with Spanish atrocities in Cuba, then outdid them by murdering thousands of innocent Filipinos to put down a rebellion.fidosim
Yes, but remember how Teddy wanted an independent government in the Philippines? The U.S. tried to strike a balance between retaining its anti-imperial ways while still competing economically with the Euros abroad.

I more specifically remember the treaty (Paris I think?) passing the Senate with more than two thirds of the senate voting to pass it. Anti-imperialism wasn't very strong at all at the time of the Spanish-American war (It was really just William Jennings Bryan and a couple other Dems). Having a U.S. flag planted in Manila was very important and widely supported at the time (lest the brutal savages be left to their own devices :roll: ). The U.S. wasn't looking for a trading partner, it was looking for a colony which would only buy U.S. goods and could be used as a base to project power and influence across the rest of Asia (particularly China).

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Hewkii

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#413 Hewkii
Member since 2006 • 26339 Posts
Or maybe the white man's burden was just too heavy for the Brits in the war's aftermath. fidosim
ah yes, the poor white man.
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fidosim

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#414 fidosim
Member since 2003 • 12901 Posts

[QUOTE="fidosim"][QUOTE="HomicidalCherry"]Well they certainly got one. We may have wanted overseas territories for economic reasons, but we used the same brutal, demeaning, and de-humanizing tactics when dealing with the locals that the Europeans used. We went to war, outraged with Spanish atrocities in Cuba, then outdid them by murdering thousands of innocent Filipinos to put down a rebellion.HomicidalCherry

Yes, but remember how Teddy wanted an independent government in the Philippines? The U.S. tried to strike a balance between retaining its anti-imperial ways while still competing economically with the Euros abroad.

I more specifically remember the treaty (Paris I think?) passing the Senate with more than two thirds of the senate voting to pass it. Anti-imperialism wasn't very strong at all at the time of the Spanish-American war (It was really just William Jennings Bryan and a couple other Dems). Having a U.S. flag planted in Manila was very important and widely supported at the time (lest the brutal savages be left to their own devices:roll:). The U.S. wasn't looking for a trading partner, it was looking for a colony which would only buy U.S. goods and could be used as a base to project power and influence across the rest of Asia (particularly China).

Yes, I mentioned the annexation's approval earlier to Hewkii.
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HomicidalCherry

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#415 HomicidalCherry
Member since 2009 • 959 Posts

[QUOTE="fidosim"]Or maybe the white man's burden was just too heavy for the Brits in the war's aftermath. Hewkii
ah yes, the poor white man.

I think he was being sarcastic. The "White Man's Burden" was the idea, at the time, that it was up to whites (specifically Anglo-Saxons) to spread their "vastly superior" way of life to all the "uncivilized brutes" around the world.

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Hewkii

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#416 Hewkii
Member since 2006 • 26339 Posts

I think he was being sarcastic. The "White Man's Burden" was the idea, at the time, that it was up to whites (specifically Anglo-Saxons) to spread their "vastly superior" way of life to all the "uncivilized brutes" around the world.

HomicidalCherry
that's what the smilie was for.
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fidosim

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#417 fidosim
Member since 2003 • 12901 Posts
that's what the smilie was for.  Hewkii
You sure showed him.
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sonic__323

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#418 sonic__323
Member since 2007 • 23684 Posts
[QUOTE="Hewkii"][QUOTE="HomicidalCherry"]

I think he was being sarcastic. The "White Man's Burden" was the idea, at the time, that it was up to whites (specifically Anglo-Saxons) to spread their "vastly superior" way of life to all the "uncivilized brutes" around the world.

that's what the smilie was for.

Nice smilie you got there. :P
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Hewkii

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#419 Hewkii
Member since 2006 • 26339 Posts
You sure showed him.fidosim
undoubtedly.
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druggyjoe3000

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#420 druggyjoe3000
Member since 2006 • 1523 Posts

Laissez-Faire Capitalisim. But both are way to extrem to the left and right

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aRE-you-AFraid

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#421 aRE-you-AFraid
Member since 2006 • 3234 Posts

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

Ace_WondersX
Needless to say, even if that company was a monopoly, people are not going to keep mindlessly buying from it. Another company will rise that will sell things that are more durable at the same price and either that monopoly will be forced to raise it's standards or fall to the new monopoly. It's hilarious to watch you people argue about how terrible capitalism is when all you know is what you have heard your misinformed friends say.
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aRE-you-AFraid

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#422 aRE-you-AFraid
Member since 2006 • 3234 Posts
[QUOTE="HomicidalCherry"]

[QUOTE="T_P_O"] I'm fine with that, I don't work hard and I'm one of the laziest sods alive.True_Gamer_

Exactly, I don't wanna be stuck supporting bums like you.:P

You have no idea what REAL capitalism is like....

And...you do?
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LikeHaterade

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#423 LikeHaterade
Member since 2007 • 10645 Posts

[QUOTE="Hewkii"]that's what the smilie was for.  fidosim
You sure showed him.

I lol'd.

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SeanDog123

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#424 SeanDog123
Member since 2005 • 1327 Posts
http://www.youtube.com/watch?v=RWsx1X8PV_A
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#425 carrot-cake
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[QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

aRE-you-AFraid

Needless to say, even if that company was a monopoly, people are not going to keep mindlessly buying from it. Another company will rise that will sell things that are more durable at the same price and either that monopoly will be forced to raise it's standards or fall to the new monopoly. It's hilarious to watch you people argue about how terrible capitalism is when all you know is what you have heard your misinformed friends say.


It seems as if you do not understand what a monopoly is. You can't create more monopolies of a product if a certain company already has a monopoly over it, thats why its called a monopoly. A new company can't just start and offer the same product but better, because the monopoly already has all of the means to create whatever this product is. If the product is plastics for example, then this plastics monopoly would most likely have some sort of deal with petroleum product providers which will not ship anything to other companies except for the existing monopoly.
What you are suggesting does not make any sense at all. Especially if the product we are talking about here is a natural resource.

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#426 one_plum
Member since 2009 • 6822 Posts

[QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

aRE-you-AFraid

Needless to say, even if that company was a monopoly, people are not going to keep mindlessly buying from it. Another company will rise that will sell things that are more durable at the same price and either that monopoly will be forced to raise it's standards or fall to the new monopoly. It's hilarious to watch you people argue about how terrible capitalism is when all you know is what you have heard your misinformed friends say.

Those "misinformed friends" are probably even more misinformed about communism.

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MagicMan4597

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#427 MagicMan4597
Member since 2007 • 413 Posts

http://www.youtube.com/watch?v=RWsx1X8PV_ASeanDog123

I knew it was only a matter of time before someone posted this. Good stuff.

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Cube_of_MooN

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#428 Cube_of_MooN
Member since 2005 • 9286 Posts
Laissez-Faire Capitalism by quite a bit.
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F1_2004

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#429 F1_2004
Member since 2003 • 8009 Posts

[QUOTE="SeanDog123"]http://www.youtube.com/watch?v=RWsx1X8PV_AMagicMan4597

I knew it was only a matter of time before someone posted this. Good stuff.

That doesn't say much about capitalism, other than the fact that the countries that ran other systems did it very poorly. And anyways, what this poll deals with is so-called "Laissez-Faire" capitalism, which is a completely free market that would be much different from what we have now. If creating a successful economy was as simple as saying "ok.... go!" and letting everyone loose, we wouldn't have so many poor countries and people in the world and we wouldn't be in yet another depression.
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#430 MilkyStream
Member since 2009 • 85 Posts
[QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

aRE-you-AFraid
Needless to say, even if that company was a monopoly, people are not going to keep mindlessly buying from it. Another company will rise that will sell things that are more durable at the same price and either that monopoly will be forced to raise it's standards or fall to the new monopoly. It's hilarious to watch you people argue about how terrible capitalism is when all you know is what you have heard your misinformed friends say.

And people say that communists have an Utopian view of things. Have you ever heard of cartels etc? It's basically when corporations in a given industry decides to work together in order to screw their clients and consumers. For example, let's say they all agree on raising prices on a certain product drastically. If they all raise the price of a product simultaneously , they will all profit from it. If rogue companies that aren't in the cartel starts to get noticeable sales, the cartel simply lowers the price again. This happens in China's SEZs on a regular basis. Why? Because it isn't illegal over there. Monopolies are also allowed to exist and do whatever they want.
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Ace_WondersX

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#431 Ace_WondersX
Member since 2003 • 4455 Posts
[QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

aRE-you-AFraid
Needless to say, even if that company was a monopoly, people are not going to keep mindlessly buying from it. Another company will rise that will sell things that are more durable at the same price and either that monopoly will be forced to raise it's standards or fall to the new monopoly. It's hilarious to watch you people argue about how terrible capitalism is when all you know is what you have heard your misinformed friends say.

Have you heard of vertical and horizontal monopolies? How does a competitor compete, when the monopoly has all the means to make a product at a cheaper price?
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Euroshinobi

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#433 Euroshinobi
Member since 2009 • 3299 Posts

Can i say......America? lol

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Ace_WondersX

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#434 Ace_WondersX
Member since 2003 • 4455 Posts

Can i say......America? lol

Euroshinobi
America is neither one of the two choices.
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Euroshinobi

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#435 Euroshinobi
Member since 2009 • 3299 Posts

[QUOTE="Euroshinobi"]

Can i say......America? lol

Ace_WondersX

America is neither one of the two choices.

Yes that is why i said 'can i say America'

I'm not satisfied with the choices :/

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Ace_WondersX

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#436 Ace_WondersX
Member since 2003 • 4455 Posts

[QUOTE="Ace_WondersX"][QUOTE="Euroshinobi"]

Can i say......America? lol

Euroshinobi

America is neither one of the two choices.

Yes that is why i said 'can i say America'

I'm not satisfied with the choices :/

That's cheating
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SF_KiLLaMaN

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#437 SF_KiLLaMaN
Member since 2007 • 6446 Posts
Both systems are terrible and would never work in modern society. Enough said.
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Goods_Merchant

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#438 Goods_Merchant
Member since 2009 • 953 Posts

Well, if the past has told us anything, it's that communism doesn't work. Perfect in theory, but in reality, it is taken advantage of like the Canadian immigration policy. We really need to stop giving so much money to immigrants that do no work. It really raises the taxes.

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Lethalhazard

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#439 Lethalhazard
Member since 2009 • 5451 Posts
Couldn't stand no environment guidelines. Communism.
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F1_2004

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#440 F1_2004
Member since 2003 • 8009 Posts
Wouldn't complete free market capitalism have a similar effect to communism? Instead of government-owned monopolies, you'd have corporate monopolies, and there would be just as little incentive to improve the product. The only difference would be the government would hold some responsibility to control the working conditions and emissions, whereas the corporations would hold no care for anything other than making products at the lowest possible price. Your only hope of a better life in the free market scenario would be to get in on that top 0.1% of the world's population that would hold all the money and power.
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deactivated-5f1dda6571ed7

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#441 deactivated-5f1dda6571ed7
Member since 2005 • 1355 Posts

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

Ace_WondersX
lol that couldnt be further from the truth lol Most if not all true laissez-faire capitalist philosophers predict under a trust capitalist system there will be no monopolies what so ever since there will be no government regulation to companies entering the market or government favortism. The market will determine which companies succedd while there will always be oppportunities for other companies to enter the market. If a companie abuses its powers people will buy from another company since its a free market.
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Major_Commie

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#442 Major_Commie
Member since 2009 • 186 Posts
[QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

Unknownmuncher
lol that couldnt be further from the truth lol Most if not all true laissez-faire capitalist philosophers predict under a trust capitalist system there will be no monopolies what so ever since there will be no government regulation to companies entering the market or government favortism. The market will determine which companies succedd while there will always be oppportunities for other companies to enter the market. If a companie abuses its powers people will buy from another company since its a free market.

in order for the market to correct its self it would need initial situations that were bad, as in ecoli or just an unsafe product in general. by allowing it to happen in the first place you are devaluing the rest of humanity in favor of individual business owners.
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Major_Commie

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#443 Major_Commie
Member since 2009 • 186 Posts
Wouldn't complete free market capitalism have a similar effect to communism? Instead of government-owned monopolies, you'd have corporate monopolies, and there would be just as little incentive to improve the product. The only difference would be the government would hold some responsibility to control the working conditions and emissions, whereas the corporations would hold no care for anything other than making products at the lowest possible price. Your only hope of a better life in the free market scenario would be to get in on that top 0.1% of the world's population that would hold all the money and power.F1_2004
true free markets can in fact lead to communism, even without violating any rules of individualism.
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#444 T_P_O
Member since 2008 • 5388 Posts
[QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

Unknownmuncher
lol that couldnt be further from the truth lol Most if not all true laissez-faire capitalist philosophers predict under a trust capitalist system there will be no monopolies what so ever since there will be no government regulation to companies entering the market or government favortism. The market will determine which companies succedd while there will always be oppportunities for other companies to enter the market. If a companie abuses its powers people will buy from another company since its a free market.

You over-estimate the general public.
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EMOEVOLUTION

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#445 EMOEVOLUTION
Member since 2008 • 8998 Posts
[QUOTE="Unknownmuncher"][QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

Major_Commie
lol that couldnt be further from the truth lol Most if not all true laissez-faire capitalist philosophers predict under a trust capitalist system there will be no monopolies what so ever since there will be no government regulation to companies entering the market or government favortism. The market will determine which companies succedd while there will always be oppportunities for other companies to enter the market. If a companie abuses its powers people will buy from another company since its a free market.

in order for the market to correct its self it would need initial situations that were bad, as in ecoli or just an unsafe product in general. by allowing it to happen in the first place you are devaluing the rest of humanity in favor of individual business owners.

You sir, know what you're talking about.
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Major_Commie

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#446 Major_Commie
Member since 2009 • 186 Posts
[QUOTE="EMOEVOLUTION"][QUOTE="Major_Commie"][QUOTE="Unknownmuncher"] lol that couldnt be further from the truth lol Most if not all true laissez-faire capitalist philosophers predict under a trust capitalist system there will be no monopolies what so ever since there will be no government regulation to companies entering the market or government favortism. The market will determine which companies succedd while there will always be oppportunities for other companies to enter the market. If a companie abuses its powers people will buy from another company since its a free market.

in order for the market to correct its self it would need initial situations that were bad, as in ecoli or just an unsafe product in general. by allowing it to happen in the first place you are devaluing the rest of humanity in favor of individual business owners.

You sir, know what you're talking about.

thanks :)
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deactivated-5f1dda6571ed7

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#447 deactivated-5f1dda6571ed7
Member since 2005 • 1355 Posts

[QUOTE="Unknownmuncher"][QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

Major_Commie

lol that couldnt be further from the truth lol Most if not all true laissez-faire capitalist philosophers predict under a trust capitalist system there will be no monopolies what so ever since there will be no government regulation to companies entering the market or government favortism. The market will determine which companies succedd while there will always be oppportunities for other companies to enter the market. If a companie abuses its powers people will buy from another company since its a free market.

in order for the market to correct its self it would need initial situations that were bad, as in ecoli or just an unsafe product in general. by allowing it to happen in the first place you are devaluing the rest of humanity in favor of individual business owners.

negative, in a true capitalistic society, it would be governed by property rights, thus there is still ramifications to a company (ex. food) having ecoli in their product. Common ignorant assumption that a pure capitalistic market has absolutely no regulation.

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jetpower3

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#448 jetpower3
Member since 2005 • 11631 Posts

Couldn't stand no environment guidelines. Communism.Lethalhazard

Wasn't the Soviet Union a monstrous polluter to the point that it helped hasten the disintegration of the system? I don't see how communism automatically assumes any more of a concern for the environment, or stricter environmental guidelines.

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#450 deactivated-5f1dda6571ed7
Member since 2005 • 1355 Posts
[QUOTE="T_P_O"][QUOTE="Unknownmuncher"][QUOTE="Ace_WondersX"]

I don't think a lot of people here understand what laissez-faire capitalism means. That means there is no regulations of trusts and monopolies, so almost every industry will surely be monopolized. No safety guidelines means, a company can sell you a appliance, and when it bursts into flames, they aren't at fault. Or when you get E. Coli from your food the company that made the food is not at fault.

lol that couldnt be further from the truth lol Most if not all true laissez-faire capitalist philosophers predict under a trust capitalist system there will be no monopolies what so ever since there will be no government regulation to companies entering the market or government favortism. The market will determine which companies succedd while there will always be oppportunities for other companies to enter the market. If a companie abuses its powers people will buy from another company since its a free market.

You over-estimate the general public.

how is assuming a few powerful people at the top deciding whats good for society and using some sort of utilitiarian calculous more productive than the market doing the consuming in the first place? i'd rather think myself as a person, just like everybody else can decide my own choices in what i consumer, rather than someone making that decision for me