The Mudcat Café TM
Thread #119265   Message #2584876
Posted By: Donuel
09-Mar-09 - 03:06 PM
Thread Name: BS: Capitalism has outlived its usefullness
Subject: BS: Capitalism has outlived its usefullness
Capitalism has always been applied to the poor and middle class while Socialism has always applied to corporations in the form of corporate welfare, bail outs and tax break/ free status.

Capitalism has spearheded the wanton destruction of the enviorment for small short term profits. It does not even serve nations such as Japan that is the ideal culture for capitalism to theoretically be perfect.

There is nothing wrong with free markets under certain conditions.
I like the free market although it is very expensive.

The free market is a bit like Newtonian Physics but does not work well at the relativistic speeds of capital speculation and destruction in these recent times of total deregulation.

I think the new economics will be something strikingly similar to the economy of the United Federation of Planets on Star Trek ;)

There will still be room for you Ferengi's out there and your gold pressed Latinum. The rules for acquistion will however have to be regulated and the uptick rule must be reinstated.