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#1
11-27-2007, 05:29 PM
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Re: Understanding the Social Security scam
[ QUOTE ]
Quote: -------------------------------------------------------------------------------- By-the-way Capitalism is basically a pyramid scheme. Usually, Capitalism, in order to be a healthy, viable system has to sustain constant growth. -------------------------------------------------------------------------------- This is wrong (or, at best, backwards). Capitalism creates growth, it does not "rely" on it to be "healthy". Growth is the end product of healthy capitalism, healthy capitalism is not the product of growth. [/ QUOTE ] Type in 'capitalism is a pyramid scheme' in google and see what you get. I think this is open to interpretation. 
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#2
11-27-2007, 05:38 PM
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Re: Understanding the Social Security scam
[ QUOTE ]
[ QUOTE ] Quote: -------------------------------------------------------------------------------- By-the-way Capitalism is basically a pyramid scheme. Usually, Capitalism, in order to be a healthy, viable system has to sustain constant growth. -------------------------------------------------------------------------------- This is wrong (or, at best, backwards). Capitalism creates growth, it does not "rely" on it to be "healthy". Growth is the end product of healthy capitalism, healthy capitalism is not the product of growth. [/ QUOTE ] Type in 'capitalism is a pyramid scheme' in google and see what you get. I think this is open to interpretation. [/ QUOTE ] No it isn't and what you're saying is useless nonsense. Mos Def has the causative argument exactly right. Would you say that evolution is not "constant growth"?
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#3
11-27-2007, 06:12 PM
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Re: Understanding the Social Security scam
[ QUOTE ]
[ QUOTE ] Quote: -------------------------------------------------------------------------------- By-the-way Capitalism is basically a pyramid scheme. Usually, Capitalism, in order to be a healthy, viable system has to sustain constant growth. -------------------------------------------------------------------------------- This is wrong (or, at best, backwards). Capitalism creates growth, it does not "rely" on it to be "healthy". Growth is the end product of healthy capitalism, healthy capitalism is not the product of growth. [/ QUOTE ] Type in 'capitalism is a pyramid scheme' in google and see what you get. I think this is open to interpretation. [/ QUOTE ] this site? http://www.roman-empire-america-now.com/capitalism.html
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#4
11-27-2007, 06:34 PM
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Re: Understanding the Social Security scam
FWIW, I'm not going to criticize the notion that Social Security is a scam, but if Social Security is a scam, that doesn't mean it fits the definition of a pyramid scheme. Pyramid schemes are, by definition, unsustainable. Social Security and other social insurance programs are sustainable and the obligations are clearly defined and predictable, hence why the program has existed for 50+ years and relatedly, will continue to exist into the short to mid term future without any intervention whatsoever -- the 1983 Amendments assured that. Even the so-called "Social Security" funding crisis isn't a death knell for the program, as it can easily be made solvent again through some simple policy changes -- although I'll concede those changes may be unpopular. There is no other pyramid scheme, to my knowledge, which can exist for decades (and soon to be centuries) like Social Security has.
I realize I'm not responding to anyone in particular here, but it seems to be a popular to claim Social Security is a pyramid scheme, which seems pretty far from the truth.
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