The Mudcat Café TM
Thread #114513   Message #2445829
Posted By: Bobert
20-Sep-08 - 08:41 AM
Thread Name: blame CAPITALISM & jetison it!!
Subject: RE: blame CAPITALISM & jetison it!!
I think we need to go back and redefine "capitalism" in terms of reality and not ideology or mythology... The reality is that, yes, capitalism is an economic system that only works when properly governed...

Reaganites lost sight of that and removed the governing aspect with the misconcepyion that the markets would police themselves... That has shown to be a flawed way for capitalism to work for the betterment of the population...

Yeah, I guess as a purely academic exercise one can try to seperate capitalism from governemtn but that won't solve any of the apparent problems that capitalism faces... Free markets sound all peachy but they really have never actually existed... Free-er markets, perhaps a better way of looking at the situation but free??? Nah... There will always be someone using governemnt to create an unfair advantage...

BTW, I consider myself to be a capitalist in some ways and a socialist in others and I don't see capitalism as evil... Corruption is evil and poorly governed capitalism is evil...

B~