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Capitalism or Communism? (1 Viewer)

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Gerald10

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The arguments for protectionist policies are flimsy at best.

If a country specialises its production in what it can produce the most efficiently, ultimately there are more goods to be shared between everyone.

Tariffs, quotas etc. just protect innefficient industries making everyone (in material terms) worse off.

Granted when they are removed structual unemployment exists, but capitalism isn't gentle to quote Ross Gittins.

Frankly the only people who benefit are innefficient industries and govts who collect taxes.

One of the great shames of this century is the collapse of the Doha round, over 100 million people could have been brought out of poverty but the EU and US thought it better to protect their innefficient farmers. To be fair though, the French know how to riot.

Anyways on to the whole capitalism communism stuff. Economically speaking communism has no leg to stand on, chiefly because there is no incentive for innovation or to work hard, frankly.

Churchill said it best "The great vice of capitalism is the unequal sharing of blessing. The great virtue of communism is the equal sharing of misery."
 

michael1990

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Capitalism

I LOVE MY MONEY!

Plus i work hard for my money, why would i want other people to get it?
 
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michael1990 said:
thats not very nice at all
And I suppose single mothers having to work 3 jobs, 24x7 and never see their kids, for which they can't afford basic needs like proper healthcare, is nice?
 

michael1990

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Starcraftmazter said:
And I suppose single mothers having to work 3 jobs, 24x7 and never see their kids, for which they can't afford basic needs like proper healthcare, is nice?
Yep it doesn't work out for everyone.

So in your opinion a CEO doing 14 hour days should get the same as a Dole Bludger doing 0 hours of work?

Life isn't fair, you make the best of it.
 

michael1990

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Starcraftmazter said:
No, send those people to the gulags as well.
you are quite the idiot.

I suppose your the Aussie Battler?

Just want other people to work harder than you to support your life.

IDIOT
 

Studentleader

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The way I see it is:

Capitalism - Fucks over people who can't work, eg. my little brother with Autism

Communism - Fucks me over

I would most defentially prefer a capitialist orientated society, with a good Government ofcourse which will allow for those who need the care to recieve it, you could say "only the strongest should survive" though I wouldn't want to fall ill after that rule is imposed.

Capitalism allow for supply and demand, If everyone aspires to be doctors we will have too many, so they get paid less and less people want to become doctors.
 

williamc

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Gerald10 said:
Churchill said it best "The great vice of capitalism is the unequal sharing of blessing. The great virtue of communism is the equal sharing of misery."[/quote]

. (failed at quoting)
 

zstar

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I don't like the term Capitalism because it has negative connotations. I prefer the term free market.

It is through the process of trading and free market that wealth is created, Socialism drains wealth because it involves taking other peoples earnings for the common good, While this sounds good at first what people don't realise is how wasteful and unsustainable such policy's are.

So in order to sustain these policies the government has to tax people even higher and wealth is not created through taxing people to death, Only productivity creates wealth.

Ultimately Socialist/Marxist policies fail because they create conditions that are inhumane and destroys human liberty.
 

flappinghippo

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Studentleader said:
Capitalism - Fucks over people who can't work, eg. my little brother with Autism
Depends on what you mean by fucked over.

The Red Cross was founded in America at a time when capitalism was barely restricted at all.

The Bill and Melinda Gates Foundation donated 1.4 billion dollars towards AIDS, malaria and other preventable disease treatment, which happens to be over a quarter of what the World Health Organisation (that's money from taxpayers around the world) puts towards the same cause.

With more capitalism, over enough time, comes more wealth. More wealth means more time and money for people to become philanthropists. People are free to spend money without the political considerations that slows everything down.
 

Captain Gh3y

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flappinghippo said:
Depends on what you mean by fucked over.

The Red Cross was founded in America at a time when capitalism was barely restricted at all.

The Bill and Melinda Gates Foundation donated 1.4 billion dollars towards AIDS, malaria and other preventable disease treatment, which happens to be over a quarter of what the World Health Organisation (that's money from taxpayers around the world) puts towards the same cause.

With more capitalism, over enough time, comes more wealth. More wealth means more time and money for people to become philanthropists. People are free to spend money without the political considerations that slows everything down.
, or "There's no charity when everyone's starving"
 

michael1990

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Starcraftmazter said:
You mean something to troll?

Just GTFO...
well i thought what i said sounded better, but of course yourself may be different.
 

zstar

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Capitalism and Communism are Jewish inventions.
 
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