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  #1  
Old 12-07-2006, 03:17 AM
MidGe MidGe is offline
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Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
The system leads to this, and it also leads to the innovation that has given us all the technological progress we've had in the past couple centuries. If we were to go back 200 years and make the world a big socialist haven, we'd be lucky to have electricity today.

[/ QUOTE ]

Gee, where have I been? Asleep? The communist USSR, although starting a long way behind the USA (from the worst form of feudalism, in fact), was, I thought, the first in space, the first satellite, the first animal in space, the first man in space and simultaneously the first orbiting man. The first USA citizen in space did not orbit and it came after the USSR had successfully launched a manned orbital vehicle. I would see these as some of the greatest technological achievements of the last century and the USA was pwnd! [img]/images/graemlins/smile.gif[/img]
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  #2  
Old 12-07-2006, 03:19 AM
BCPVP BCPVP is offline
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Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
[ QUOTE ]
The system leads to this, and it also leads to the innovation that has given us all the technological progress we've had in the past couple centuries. If we were to go back 200 years and make the world a big socialist haven, we'd be lucky to have electricity today.

[/ QUOTE ]

Gee, where have I been? Asleep? The communist USSR, although starting a long way behind the USA (from the worst form of feudalism, in fact), was, I thought, the first in space, the first satellite, the first animal in space, the first man in space and simultaneously the first orbiting man. The first USA citizen in space did not orbit and it came after the USSR had successfully launched a manned orbital vehicle. I would see these as some of the greatest technological achievements of the last century and the USA was pwnd! [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]
How's the USSR doing these days?
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  #3  
Old 12-07-2006, 03:23 AM
MidGe MidGe is offline
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Default Re: Richest 2% hold half of world\'s assets

Probably better than the USA is doing in Iraq. But, hey, who would want to compare? After all the USSR got it tails between its legs in Afghanistan. Wait, the USA took the baton there too! [img]/images/graemlins/smile.gif[/img]
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  #4  
Old 12-07-2006, 03:25 AM
AlexM AlexM is offline
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Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
[ QUOTE ]
The system leads to this, and it also leads to the innovation that has given us all the technological progress we've had in the past couple centuries. If we were to go back 200 years and make the world a big socialist haven, we'd be lucky to have electricity today.

[/ QUOTE ]

Gee, where have I been? Asleep? The communist USSR, although starting a long way behind the USA (from the worst form of feudalism, in fact), was, I thought, the first in space, the first satellite, the first animal in space, the first man in space and simultaneously the first orbiting man. The first USA citizen in space did not orbit and it came after the USSR had successfully launched a manned orbital vehicle. I would see these as some of the greatest technological achievements of the last century and the USA was pwnd! [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Yeah, a starving population sounds like an exciting trade off. I'll freely admit that endeavors that can't turn a profit (aka, aren't useful to the poor) can suffer under capitalism. None of those things you mentioned actually make the lives of the poor any easier though.
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  #5  
Old 12-07-2006, 04:51 AM
peritonlogon peritonlogon is offline
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Join Date: Nov 2004
Posts: 646
Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
The system leads to this, and it also leads to the innovation that has given us all the technological progress we've had in the past couple centuries. If we were to go back 200 years and make the world a big socialist haven, we'd be lucky to have electricity today.

[/ QUOTE ]

Gee, where have I been? Asleep? The communist USSR, although starting a long way behind the USA (from the worst form of feudalism, in fact), was, I thought, the first in space, the first satellite, the first animal in space, the first man in space and simultaneously the first orbiting man. The first USA citizen in space did not orbit and it came after the USSR had successfully launched a manned orbital vehicle. I would see these as some of the greatest technological achievements of the last century and the USA was pwnd! [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Yeah, a starving population sounds like an exciting trade off. I'll freely admit that endeavors that can't turn a profit (aka, aren't useful to the poor) can suffer under capitalism. None of those things you mentioned actually make the lives of the poor any easier though.

[/ QUOTE ]
Neither does our healthcare system. It is intentionally set up to incentivise inovation over care, and the health of the coutry has suffered for it.
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  #6  
Old 12-07-2006, 07:17 AM
tolbiny tolbiny is offline
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Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]

Neither does our healthcare system. It is intentionally set up to incentivise inovation over care, and the health of the coutry has suffered for it.

[/ QUOTE ]

You have not yet demostrated the willingness to distinguish mercantilism from capiltalism. What would y6ou say if i used France as a model of communism because it has socialistic policies?
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  #7  
Old 12-07-2006, 01:07 PM
peritonlogon peritonlogon is offline
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Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
[ QUOTE ]

Neither does our healthcare system. It is intentionally set up to incentivise inovation over care, and the health of the coutry has suffered for it.

[/ QUOTE ]

You have not yet demostrated the willingness to distinguish mercantilism from capiltalism. What would y6ou say if i used France as a model of communism because it has socialistic policies?

[/ QUOTE ]Are you trying point out that the USA is not capitalist, but rather merchantilist? I don't really hold an opinion regarding this. I using the previous poster's terms.

Explain more.
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  #8  
Old 12-07-2006, 01:18 PM
tolbiny tolbiny is offline
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Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

Neither does our healthcare system. It is intentionally set up to incentivise inovation over care, and the health of the coutry has suffered for it.

[/ QUOTE ]

You have not yet demostrated the willingness to distinguish mercantilism from capiltalism. What would y6ou say if i used France as a model of communism because it has socialistic policies?

[/ QUOTE ]Are you trying point out that the USA is not capitalist, but rather merchantilist? I don't really hold an opinion regarding this. I using the previous poster's terms.

Explain more.

[/ QUOTE ]

Yes, the US system is more mecantilist than capitalist, nad the health care system in the US is a major example of that. The patent laws which allow for patents of chemically synthesized compounds, but not those found in naure (plant, animal and bacteria extracts), gov mandates on providing care, gov subsidies of insurance for companies, medicare and medicaid have all increased the costs of health care for the consumer.
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  #9  
Old 12-07-2006, 01:42 PM
BCPVP BCPVP is offline
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Join Date: Jan 2005
Posts: 7,759
Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

Neither does our healthcare system. It is intentionally set up to incentivise inovation over care, and the health of the coutry has suffered for it.

[/ QUOTE ]

You have not yet demostrated the willingness to distinguish mercantilism from capiltalism. What would y6ou say if i used France as a model of communism because it has socialistic policies?

[/ QUOTE ]Are you trying point out that the USA is not capitalist, but rather merchantilist? I don't really hold an opinion regarding this. I using the previous poster's terms.

Explain more.

[/ QUOTE ]
Are sure you know the difference between mercantilism and capitalism?
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  #10  
Old 12-07-2006, 01:46 PM
Propertarian Propertarian is offline
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Default Re: Richest 2% hold half of world\'s assets

[ QUOTE ]
Are sure you know the difference between mercantilism and capitalism?

[/ QUOTE ] It's hard to know, because in practice they are a lot closer to each other than they are in (your) theory, which allows a system which concentrates economic and social power in the hands of a small group of people, and then expects them not to use it.
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