Author: vincent01

Is capitalism awful?   [Copy link] 中文

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Post time 2012-10-21 09:55:51 |Display all floors
LCSULLA Post time: 2012-10-21 09:37
What you describe is an Oligopoly, or even a Monopoly.
An Inefficency, it happens just too often t ...

So let us examine the terms you mention......

Oligopoly is the ownership of everything by the very few.

Monopoly is the ownership of everything by one.

But is it not the one or the other if everybody has shares of every company in their portfolio? What I lose on some shares I gain on the others minus the brokers fees. The only gainers are the brokers or banksters.
The world needs more idiots like me, all the others think they are clever.

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Gold Medal September's Best Writer 2012

Post time 2012-10-21 12:08:49 |Display all floors
St_George Post time: 2012-10-21 01:39
Who elects your union leaders ?   It should be the workers.

Workers have no rights to elect the union leaders.
our life is full of sunshine

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Post time 2012-10-21 12:15:26 |Display all floors
Banksters

The Zionist banksters want everyone weighed down with toil and debt.
9/11 was an inside job.
No second plane.It was a bomb.Bomb in the other building.
You KNOW without a doubt the videos are fake,right ?!
Planes don't meld into steel and concrete buildings.They crash into them !!!!!!!
It's amazing how the building ate the plane !!!
Imagine those fragile wings cutting slots in massive steel columns !!!!!
How STUPID can they think the people are to believe that crap ??!!

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Post time 2012-10-21 12:36:40 |Display all floors
TheHermit Post time: 2012-10-21 08:54
Can all the world's resources be owned by one group of people and still operate on a profit and lo ...

Yes.

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Post time 2012-10-21 13:55:55 |Display all floors
468259058 Post time: 2012-10-21 12:08
Workers have no rights to elect the union leaders.

In that case they're not union leaders, just company appointed stooges.
Your own mind is a sacred enclosure into which nothing harmful can enter except by your permission. Arnold Bennett

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Gold Medal September's Best Writer 2012

Post time 2012-10-21 18:40:56 |Display all floors

It's the fault of neither capitalism nor socialism.

This post was edited by 468259058 at 2012-10-21 18:41
St_George Post time: 2012-10-21 13:55
In that case they're not union leaders, just company appointed stooges.


As the workers had no rights to elect union leaders, many game rules ran well in a planned economy. However, sth would be wrong if those rules are running in a market economy.

For example:
It was illegal for an individual to own one's own assets in Mao's gov of 1970s. When Deng launched market economy reform, Deng had to modify China's consititution to legalize privated-owned assets in 1980s.

We need to reform the game rules as the society is changing.
our life is full of sunshine

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Post time 2012-10-21 18:52:43 |Display all floors
seneca Post time: 2012-10-21 13:36
Actually the slowness of Chinese bank tellers, train ticket vendors, salesclerks, post office employ ...

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