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Re: Wealth vs. Illth, GloboCap, Socialism, Fascism, and Comparison 

By: Decomposed in 6TH POPE | Recommend this post (1)
Wed, 21 Sep 22 11:12 PM | 33 view(s)
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Msg. 35748 of 60008
(This msg. is a reply to 35744 by Zimbler0)

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Zimbler0:

Re: “Does the phrase 'meaningless garbledy-gook' mean anything to you? Because that is my opinion of what you posted over there.”
I agree with you. Capitalism is what's GOOD about our economy. Overregulation is what's bad about it.

After China’s communist government decided in the late 20th century to make their economy increasingly capitalistic, the dramatically increased economic growth rate led to an estimated 1 million Chinese per month rising out of poverty. Without capitalism, that would NEVER have happened.








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The above is a reply to the following message:
Re: Wealth vs. Illth, GloboCap, Socialism, Fascism, and Comparison
By: Zimbler0
in 6TH POPE
Wed, 21 Sep 22 10:58 PM
Msg. 35744 of 60008

Does the phrase 'meaningless garbledy-gook' mean anything to you? Because that is my opinion of what you posted over there.

Take this :

>>>
Fiz : ""Capitalism", at least as currently practiced, SUCKS. "Socialism" does, too."
>>>

Let me take 'socialism' first. EVERY country that has tried it over any length of time has, eventually, been reduced to utter poverty.

If 'capitalism' sucks. . . then there are one of two things being done wrong. Either (as here in America lately) it has been so 'over regulated' that the regulations are more about 'protecting' the 'capitalists' (or forcing social injustices) . . . Or (as in China) Environmental concerns, safe labor laws, child labor laws, etc.etc. do not apply enabling the 'crimes of capitalism' to be practiced in spades.

Capitalism is why we Americans enjoyed one of the highest standards of living ever achieved by any human civilization.

And, proper 'regulations' can correct the 'crimes of capitalism'. (I mean things like environmental protection laws, child labor laws, safe labor practices, anti-trust laws, and the list just goes on and on and on.)

Zim.


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