Pages:
Author

Topic: Capitalism and immorality - page 5. (Read 10676 times)

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 08, 2014, 09:49:22 PM
#97
There are only so many resources to go around. If you are competing to deny people food and water to raise the market rates, then yes, people will die, just hopefully not enough people to cut into your profits too much. That is what capitalism is all about.


Don't forget competition from the supply side.

Ultimately, supply and demand will reach equilibrium in an ideal system.


What we have today is welfare state which let people breed without giving much thought. Personal responsibility isn't really in the mind of the people.

Expecting free shelter, food, cloth and education for their children is what get the US and Europe into the mess we have today.


This kind of practice is being done by local, both legal and illegal immigrant. Which make me kind of wonder how much longer the system will last.
You pulled this quote out of context. The subject was monopoly. I will not engage your strawman.
full member
Activity: 169
Merit: 100
June 08, 2014, 09:43:34 PM
#96
There are only so many resources to go around. If you are competing to deny people food and water to raise the market rates, then yes, people will die, just hopefully not enough people to cut into your profits too much. That is what capitalism is all about.


Don't forget competition from the supply side.

Ultimately, supply and demand will reach equilibrium in an ideal system.


What we have today is welfare state which let people breed without giving much thought. Personal responsibility isn't really in the mind of the people.

Expecting free shelter, food, cloth and education for their children is what get the US and Europe into the mess we have today.


This kind of practice is being done by local, both legal and illegal immigrant. Which make me kind of wonder how much longer the system will last.
hero member
Activity: 490
Merit: 500
June 08, 2014, 03:49:33 PM
#95
Capitalism is ideal. It's perfect because everyone has that goal of becoming rich, and only a few do. It's all a competition.

Not everyone has the goal of becoming rich, and I don't think any system is ideal.
But capitalism is definitely the best, as it is the one that gives us more freedom.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 08, 2014, 01:18:51 PM
#94
If someone comes up with a good or service that is better than anything else sure. If they try to inflate the price other people will come up with a cheaper version forcing the first group to drop prices or go out of business. Monopolies are problems when states interfere with markets.  

What if the monopoly is supply-based? E.g. I own most of the watersources in a region. Or I own all the roads surrounding area x, so everybody has to pass through them?
And it doesn't end there. There are a lot of sectors where new companies are at heavy disadvantage. E.g. industries that require a lot of infrastructure like internet providers or energy companies.

Not all of them can be beaten by competition.

Competition still applies pressure.  I concede that the mechanic is less potent in these cases than in that of a widget manufacturer, but it is there.  Should such a monopoly push its advantage too far, I believe it will be beaten by competition.

You didn't address the examples of how competition can be there. They can't. They are no-win situations for competition. You are a loser in those situations. Just face it. In competition, someone has to win and someone has to lose. In a competitive world, in order for someone to live, someone else has to die.


No one has to "die" for someone else to live. Competition breeds progress and innovation. Innovation means not only can more people live but they can also live better. This isn't a zero sum game.
There are only so many resources to go around. If you are competing to deny people food and water to raise the market rates, then yes, people will die, just hopefully not enough people to cut into your profits too much. That is what capitalism is all about.
sr. member
Activity: 406
Merit: 250
June 08, 2014, 11:57:52 AM
#93
If someone comes up with a good or service that is better than anything else sure. If they try to inflate the price other people will come up with a cheaper version forcing the first group to drop prices or go out of business. Monopolies are problems when states interfere with markets.  

What if the monopoly is supply-based? E.g. I own most of the watersources in a region. Or I own all the roads surrounding area x, so everybody has to pass through them?
And it doesn't end there. There are a lot of sectors where new companies are at heavy disadvantage. E.g. industries that require a lot of infrastructure like internet providers or energy companies.

Not all of them can be beaten by competition.

Competition still applies pressure.  I concede that the mechanic is less potent in these cases than in that of a widget manufacturer, but it is there.  Should such a monopoly push its advantage too far, I believe it will be beaten by competition.

You didn't address the examples of how competition can be there. They can't. They are no-win situations for competition. You are a loser in those situations. Just face it. In competition, someone has to win and someone has to lose. In a competitive world, in order for someone to live, someone else has to die.


No one has to "die" for someone else to live. Competition breeds progress and innovation. Innovation means not only can more people live but they can also live better. This isn't a zero sum game.
legendary
Activity: 1522
Merit: 1000
www.bitkong.com
June 08, 2014, 11:06:33 AM
#92
Capitalism is ideal. It's perfect because everyone has that goal of becoming rich, and only a few do. It's all a competition.
legendary
Activity: 1067
Merit: 1000
June 08, 2014, 09:28:33 AM
#91
Everyone has an innate drive to survive better than they are currently. The left has vilified that in successful people by calling it greed. Everyone also has an innate drive to survive more efficiently. The right has vilified that in poor people by calling it lazy.

Keen observation.

Also a good time to remind people not to judge so hastily.

member
Activity: 112
Merit: 10
June 04, 2014, 12:27:44 PM
#90
It's easy to try and criticize capitalism. People thrive on lapping up scraps while calling themselves 'determined' or 'enlightened'

People of such color are always ready to spread their legs for whatever will help them feel better.

legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
June 04, 2014, 12:17:29 PM
#89
It's all in the brain.

But "success" is more related with social intelligence (good social interaction skills) than with intellectual capacity.

So money bright scientists that are losers on social terms. No family, no kids, no friends, little professional strong relations.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 04, 2014, 12:06:14 PM
#88
Everyone has an innate drive to survive better than they are currently. The left has vilified that in successful people by calling it greed. Everyone also has an innate drive to survive more efficiently. The right has vilified that in poor people by calling it lazy.
There are brain functions that can be scanned that will predict these types with a high degree of accuracy.
hero member
Activity: 778
Merit: 1002
June 04, 2014, 11:25:38 AM
#87
Everyone has an innate drive to survive better than they are currently. The left has vilified that in successful people by calling it greed. Everyone also has an innate drive to survive more efficiently. The right has vilified that in poor people by calling it lazy.
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
June 04, 2014, 10:13:30 AM
#86
Greed is the motivation for the able (rich) ones. For the rest, the motivation is extreme necessity.

Think about the hell of the life of almost everyone: 9 to 5, plus 1 or 2 hours commuting. Alternative? Losing the house and having to live out of welfare or charity.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 04, 2014, 10:04:25 AM
#85
Agree with above poster, but capitalism encourages greed.


Any system that unshackles restraints on how much a person can acquire in this life promotes greed.  As it would turn out, capitalism so far has been best at it.
 
This is the core issue where morality, economics, and politics meet.  How does a country balance out that "greed" vs need for the betterment of as many of its people as it can?  Communism and fascism tried and were found to be very lacking. 


and no one has quoted Gecko yet?

Greed -- for lack of a better word -- is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.

That movie was intended to be a satire.

But that speech was absolutely true.  Greed drives people to produce.  I barely remember the film but I believe Gecko broke the law in his pursuit of wealth.  Capitalism places restraints on greed only in that a person's actions cannot violate the rights of any other person. As long as that rule is followed, please produce as much as your skills can allow.  It can only help me.   Plus Bitcoin will keep my purchasing power intact.  Win-win
The movie demonstrated that greed causes one to choose short term profits over long term profits. It was about the 1980's gutting of American manufacturing and dismantling vital infrastructure industries for short term profits. Greed is good if you don't mind killing your future profitability on the gamble that you will be able to repeat your short term easy money.
sr. member
Activity: 364
Merit: 250
June 04, 2014, 09:39:15 AM
#84
Birdy, it's all there for those that want and desire to know the facts. As for you telling me to go to sleep now? Who the heck do you think you are kid?
 Or is that just another old fool or shill attempting in vain to keep being a parasite and prey off everyone else? Your words don't ring sincere, at all. And since your a very slow reader as well as a very lame duck I suggest you do a lot of research before hopping in here barking orders that you cannot and wont be able to back up.
It was 1 a.m. and I had to go to work next day, so I didn't really read your big wall of text and just skimmed over it, wanting to give it a proper treatment today.

Quote
You don't tell me what to do. No one does. I am my own boss.
I didn't tell you to go to sleep, I told you I was too tired to read this and I was going to sleep.

Quote
But Birdy your welcome to go suck up to your corporate or government masters. Have fun!
[...]
 And some even tell people to 'go to sleep' if they don't care for what is stated.
In return I say to Birdy: off you go, go be an obedient worker slave and fool.
After all your the one barking and acting like an idiot.
Quote
Sucks to be a Bankster like you? knowing your end is near eh?
Yea, after thinking about it a moment I figure your an obvious low level banking employee.
Must suck to make so little and do the devils work for such evil.

 Get used to that Birdy. And soon to be Jail bird Birdy?

 As for the 'long wall of words' or whatever. You must be a bird brain birdy?

 Now off to sleep birdy, you still got scams to perpetrate right? Sleep well...


Wow you misread one sentence (even worse: the post contained praise for your arguments) and start a hate-tirade, what the heck is wrong with you? Drawing ridiculous conclusions from nowhere.

On a side note: No, I'm not in banking business.
newbie
Activity: 48
Merit: 0
June 04, 2014, 09:17:42 AM
#83
Agree with above poster, but capitalism encourages greed.


Any system that unshackles restraints on how much a person can acquire in this life promotes greed.  As it would turn out, capitalism so far has been best at it.
 
This is the core issue where morality, economics, and politics meet.  How does a country balance out that "greed" vs need for the betterment of as many of its people as it can?  Communism and fascism tried and were found to be very lacking. 


and no one has quoted Gecko yet?

Greed -- for lack of a better word -- is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.

That movie was intended to be a satire.

But that speech was absolutely true.  Greed drives people to produce.  I barely remember the film but I believe Gecko broke the law in his pursuit of wealth.  Capitalism places restraints on greed only in that a person's actions cannot violate the rights of any other person. As long as that rule is followed, please produce as much as your skills can allow.  It can only help me.   Plus Bitcoin will keep my purchasing power intact.  Win-win
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 04, 2014, 06:55:29 AM
#82
If someone comes up with a good or service that is better than anything else sure. If they try to inflate the price other people will come up with a cheaper version forcing the first group to drop prices or go out of business. Monopolies are problems when states interfere with markets.  

What if the monopoly is supply-based? E.g. I own most of the watersources in a region. Or I own all the roads surrounding area x, so everybody has to pass through them?
And it doesn't end there. There are a lot of sectors where new companies are at heavy disadvantage. E.g. industries that require a lot of infrastructure like internet providers or energy companies.

Not all of them can be beaten by competition.

Competition still applies pressure.  I concede that the mechanic is less potent in these cases than in that of a widget manufacturer, but it is there.  Should such a monopoly push its advantage too far, I believe it will be beaten by competition.

You didn't address the examples of how competition can be there. They can't. They are no-win situations for competition. You are a loser in those situations. Just face it. In competition, someone has to win and someone has to lose. In a competitive world, in order for someone to live, someone else has to die.
legendary
Activity: 1246
Merit: 1011
June 04, 2014, 06:39:58 AM
#81
If someone comes up with a good or service that is better than anything else sure. If they try to inflate the price other people will come up with a cheaper version forcing the first group to drop prices or go out of business. Monopolies are problems when states interfere with markets.  

What if the monopoly is supply-based? E.g. I own most of the watersources in a region. Or I own all the roads surrounding area x, so everybody has to pass through them?
And it doesn't end there. There are a lot of sectors where new companies are at heavy disadvantage. E.g. industries that require a lot of infrastructure like internet providers or energy companies.

Not all of them can be beaten by competition.

Competition still applies pressure.  I concede that the mechanic is less potent in these cases than in that of a widget manufacturer, but it is there.  Should such a monopoly push its advantage too far, I believe it will be beaten by competition.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 04, 2014, 05:26:44 AM
#80
Agree with above poster, but capitalism encourages greed.


Any system that unshackles restraints on how much a person can acquire in this life promotes greed.  As it would turn out, capitalism so far has been best at it.
 
This is the core issue where morality, economics, and politics meet.  How does a country balance out that "greed" vs need for the betterment of as many of its people as it can?  Communism and fascism tried and were found to be very lacking. 


and no one has quoted Gecko yet?

Greed -- for lack of a better word -- is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.

That movie was intended to be a satire.
hero member
Activity: 703
Merit: 502
June 04, 2014, 04:46:13 AM
#79
Agree with above poster, but capitalism encourages greed.

Any system that unshackles restraints on how much a person can acquire in this life promotes greed.  As it would turn out, capitalism so far has been best at it.
 
This is the core issue where morality, economics, and politics meet.  How does a country balance out that "greed" vs need for the betterment of as many of its people as it can?  Communism and fascism tried and were found to be very lacking. 


and no one has quoted Gecko yet?

Greed -- for lack of a better word -- is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.
newbie
Activity: 48
Merit: 0
June 04, 2014, 04:35:06 AM
#78
Slingshot-

I just couldn't bring myself to read that entire long post, sorry.  I think you and I actually agree on most things.  As a libertarian, I am for anything that increases freedom and against anything that decreases freedom.  I am for taxes that pay for police, military and courts because these increase freedom.  Every other tax decreases freedom.

As I am also a physician, I should probably comment on healthcare. Costs are so high because of government interference in the free market. The price structure and physician reimbursement is so screwed up, who knows what the true free market price should be.  A quick example.  Did you know that a Dermatologist (removes moles all day long) makes about 3 times what a general surgeon makes? A radiologist makes about twice of all of them to sit in a room and read films all day. No long hours, no nights, no weekends, no being called in ever. 
This is all the consequence of government dominated healthcare.  Pressure groups get little changes to the law that greatly benefit their people at the expense of the poor patients. Get government out of health care completely and watch things normalize. No Medicare, no Medicade, no friggin ObamaCare. No more price fixing. Government dominance, that's the real reason healthcare costs are through the roof.

BTW, the exact thing can be said for education costs. Ugh! Don't get me started on that one!

Respectfully submitted,
Neofelis

Pages:
Jump to: