Quote:This comes back to education. We have moved from the industrial era to the post industrial. The menial jobs are being taken over by technology and the requirements for well paying jobs are going up (as they naturally should). To possess a high paying job requires adequate knowledge. The individuals with degrees in fields which are necessary or advanced will retain their employment, while individuals working in factories (being taken over by technology) will lose their job as there is no advanced education required. The only reason services companies are letting go and laying off their employees is because of the recession - this happens every time we have one. The jobs will return.But recessions are part and parcel of this type of economic system we use in America. which is a mixed economy. Even if we shifted over to Austrian school it would not change the problem of recession. No, in fact austrian school would make it worse as there would be no injection of stimulus where stimulus was needed. The problem with keynesian, as well as Austrian (if we go that route) with our current government model is that neither deal with the actual problem of our system: the corporate Government. As long as vast amounts of moneys can fall into the hands of a select few, the system will always suffer recessions. In fact, i would say the best way to invest your money, in this current American system, would be to purchase politicians. Simply take a decent sum of money, give half to the democrat party, give the other half to the Republican party. Ask them to drop the capital gains tax, thereby increasing your net profit from other investments. BINGO! You are now making even more money without producing a fucking thing. there are many other "loop holes" that can be bought and created to ensure you gain much more money back than you spent on the politicians. to top it off, buy promising to keep a politician on the payroll after they "retire" from politics makes it even easier to bribe other politicians in the future.
Quote:This comes back to education.It has less to do with education and more to do with having a decent amount of capital behind you. If you buy the right politician for his "insights", he will show you the ropes on how to invest into the Corporate Government States of America. they will show you all the loop holes, grey areas, who to bribe with what, how to set up disposable companies, etc...etc... it is no longer about production in our country. It is about who is the best paper pusher.
Things like this are what crash markets. Creating new forms of trade on wallstreet, drawing in all of the new money, and then right before the shit goes toxic you make the move. how many times does this have to happen before people realize that crooked business in cohoots with crooked politicians are the biggest factor of recessions and depressions? Once you rake in all of that cash, you sit on it. You sit on it for a long time. Preferably you were really smart if you bought up lots of commodities such as copper before you made your move. You have to be able to sit on your earnings for a time along with your commodities. Eventually the people will be so barking mad and full of anger and hatred it will be easy to stir them up into a war. When that happens you sell your copper at outragious markup prices. Your cash will see a resurge in value. Once America has properly invaded a country, you can then make a move into that country and take advantage of the class warfare structure again. Move your factories over to the newely anaexed corporate zones, cut your wage costs by 90%, and then you can beat the competition in America by charging 10% less than the competition.
Eventually the entire system will break down if it keeps going like that. Eventually there will be no decent paid jobs in America, and cash will be scarcer than ever before. This is typically when armed revolution will happen, for better or for worse.
Quote:I'm sorry for what you've been through, but facts are facts, and to misrepresent them or to use misinterpreted ideas as an argument is invalid. I have stated what capitalism is, how our system can be fixed, and why the rich aren't to blame. You can feel free to disagree with any of them, but why base your opinion of my character on these?Meh, you still support the potential of abuse. As long as you support the concept of "rich", then you support the concept of "poor".
Quote:I feel they are lesser as capitalism abides by the fundamental basic nature of things - competition, scarcity, etc.. I love discussing competing systems of economics but at the end of the day I am honestly surprised by how many individuals support the socialist mindset - even with its flaws.Explain to me how someone can claim to be civilised, yet encourage humans to compete against each other at the same time? Capitalism, as we know it right now, encourages people to stab each other in the back. And this isnt some monopoly money crap. These are people lives we are talking about.
Quote:You inferred a meaning from my wordsYeah right.
Quote:What would be your suggestion if mine is so naive?I have many suggestions, I have posted them in several places on this forum. The problem is there is no easy fix that I can think of. Corporations and government are so entrenched that it will be extremely difficult to change anything. The country goes more and more right wing as the days go by. Most of the changes I suggest would provoke extreme reaction amongst many citizens in America.
Its one of the reasons why I call your education idea as naive. Currently there is a trend to defund public schooling in order to run all education through private schools. Im sure I dont have to explain to you how that would be bad. Then again, public schools arent that much better.
I have quite a bit of higher education in technical feilds, yet with the shipping out of production facilities of America does all of us harm.
Quote:I would love to see education being the primary focus of government.Why would the corporate owned government want educated voters? they want you smart enough to follow their commands, nothing more, nothing less.
Quote:I ache when I hear of people being laid off. It sickens me to hear of corporate greed. I can't fathom what this country has come to with politicians being bought and businesses ruling the country. These things combined do not change my opinion that Capitalism, true and honest capitalism, is the most efficient, most effective, and most realistic economic system available.Yet this is how capitalism works. You cannot in one hand support the idea of the citizens competing against each other for their livelyhood, yet in the other hand lament the carnage wrought through the application of such a concept.
Which one is it? Support of competition or cooperation? You really cant have both. Either we all compete or we all come together.
