The Mudcat Café TM
Thread #115250   Message #2469176
Posted By: Don(Wyziwyg)T
18-Oct-08 - 11:45 AM
Thread Name: BS: Obama is a socialist
Subject: RE: BS: Obama is a socialist
""GfS is correct that a balance of capitalism and socialism is the best way to go. They are natural partners and should be able to work together quite effectively (as they presently do in most if not all western democracies). The endless diatribes that bounce back and forth between Left and Right are not helping things much, they are simply maintaining strife and distraction.""

Exactly what I've been getting clobbered for saying, these many years LH.

Also Capital and Labour! Neither can exist in the modern world, without the other.

The days when a man could establish a small farm, and be totally self sufficient, are over.

The socialist, who would destroy capital, has no idea of the cosequences. His hatred is based on a misunderstanding of what capital does, and what really surprises me is that some of the best educated men I know, cannot see that without capital to drive production, there would be Nothing for labour to do to earn a living.

Likewise, the capitalist who complains about the attitude of labour cannot see that without labour to DO the producing, he would have NO capital.


What is it, for God's sake, that is so difficult to understand about finding a workable balance that gives each side what it needs to be reasonably happy.

Don T.