Can capitalism exist without govt

[Hasbinbad]

I voted no because while capitalism can exist without government, it would be a finite venture. Eventually resource concentration will always cause a redistribution revolution. Ergo, regulation is required to curb the built-in greed associated with capitalism. Then there is a delicate balance between socialism or fascism and regulated capitalism; too much regulation and you slip into the former, too little and you face a revolution.

[Loke]

Originally Posted by Samoht [You must be logged in to view images. Log in or Register.]

One thing: I'm not wrong. The people supporting inequality and injustices between social classes in America and around the world (you) are wrong.

Does inequality trump total welfare? If we were all equal and as a whole considerably worse off, would that be better than if we were all better off but less equal? I would argue total welfare is more important than equality, and I think capitalism supports that argument; socialism most certainly promotes greater equality, but the same cannot be said in regard to welfare.

So, what is more important to you? I thought we were talking about what was best for society - now you're talking equality. Equality does not always mean that society as a whole is better off as you seem to think.

[Hasbinbad]

Loke we're talking about how my point was the perfect thing to say to the OP, and how everyone is amazed at how concisely I wrapped up the crux of this very complicated issue in layman's terms, and how everyone wishes they could be clever like me.

[Hasbinbad]

Please stay on topic.

[Kika Maslyaka]

Originally Posted by Samoht [You must be logged in to view images. Log in or Register.]

I'm sorry, it's not clever insight or hard decisions that make businesses successful. It's the common worker. And they're tricked into labouring selflessly, often in slave-like conditions, with the promise of sharing some of the success.
.

You obviously never run a business. A great idea that particular business was initially build on, works only for so long. No matter how much you slave drive your workers, if you do not adapt to real time changes in the market, your company will go down in a matter of months. And that need brains, not a whip.

I am not saying, that every corporation doesn't try to turn its workers into slaves (they do), but those corps do not run on slave labor alone

Creator of Facebook (whats his name?) - how many slave-workers he employes and how many millions he made so far? Yet there thousands of companies who employ and slave-drive hundreds of thousands of workers, and yet make only a fraction of his profits.
How about Google? Ebay? Amazon?
All these companies are tiny companies are tiny (worker force wise), compare to say industrial giants, yet they easily match their profits.

So no, squeezing labor force is not everything you need to be successful.

[Kika Maslyaka]

Originally Posted by Hasbinbad [You must be logged in to view images. Log in or Register.]

Loke we're talking about how my point was the perfect thing to say to the OP, and how everyone is amazed at how concisely I wrapped up the crux of this very complicated issue in layman's terms, and how everyone wishes they could be clever like me.

I said same thing 3 pages ago. You owe me a cookie.

[Loke]

Originally Posted by Hasbinbad [You must be logged in to view images. Log in or Register.]

Loke we're talking about how my point was the perfect thing to say to the OP, and how everyone is amazed at how concisely I wrapped up the crux of this very complicated issue in layman's terms, and how everyone wishes they could be clever like me.

HASBINBAD! happy belated birthday.

Also, I miss you. I miss being around you. I miss your musk. When this all blows over, we should get an apartment together. <3. No homo.

Unless that RnF thread about your birthday was made up and it actually isn't your birthday, in which case... <3 anyway.

[Hasbinbad]

Originally Posted by Loke [You must be logged in to view images. Log in or Register.]

No homo.

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[tmoneynegro]

Originally Posted by Feachie [You must be logged in to view images. Log in or Register.]

only government can keep the little guy from being fucked.

Govt is the one responsible for all the wealth being vacuumed to the top 1%. They're the ones that enact laws to allow people to enter the commodities market and trade metals at 14:1 margin for example. When you leverage up like that, your net worth becomes exponential to people who aren't leveraging.

Originally Posted by Feachie [You must be logged in to view images. Log in or Register.]

imho capitalism and it's core ideals are generally about "me me me," but there's 7 billion of us on this planet and rising, we need to stop thinking that way or else we're all in deep shit.

"Road to hell is paved with good intentions". Ask any woman a question on economics, 99% of the time the answer will be something marxist/socialist because they think it's more "ethical".

[Feachie]

i'd like to change the question slightly;

can democracy exist without capitalism?

discuss.