Topic: I can nearly pinpoint when American Capitalism started to die - page 2. (Read 2880 times)

Nobody cares how many hours you work. The only thing that matters is what you produced from your work. It is absolutely fair for someone to earn 20 million a year and someone else 20 thousands if the first guy is a thousand times as productive, or what he produces is a thousand times as valuable.

I do lean towards to socialist aspects of society while wanting high efficiency and freedom
Slow Health care systems do not help there is room for capitalism in the society where governments are not as effective in doing everything themselves, they are not a do all system they are just a component of society, the cog in the machine we all agree exists in one form or the other so we can live our normal lives.

Governments designed to help people are not a bad thing at all, as long as they don't go over that line between
personal privacy and intervention into a normal persons life aka spying.
I guess the hot topic right now is sorting through big data sets to determine correlations, make them significant and then apply them to a variety of fields, including health care etc.
But its important to be careful with the double edged sword to not invade to far into a persons personal life in order to ahem advance the needs of society

That said capitalism will probably change into something else, similar to how Soviet Communism transformed to Chinese Communism in China because it had a different situation than the Soviets, or Cuban Communism influenced the rise of the socialist lines in Latin America, the same can be applied to American Capitalism with other countries such as Canada or even Britain.

Somewhere in that mix is probably room for a meshing of different ideas from different political and economic systems to make something that excels especially well overall.
Whether its education reform to be more competitive on the world scale which is an issue for the USA
Technology to improve societies productivity or healthcare that can be adopted by Latin American Societies to reduce wealth inequality which is a serious issue over there.
Or new ideas such as Bitcoin to move forward finance and make it less dependent on any one states financial coffer and for worldwide applications. There is a nexus of different creative ideas applied in different countries that are efficient and all can solve the same problem so finding the ideal for each country is something that the digital age might help to improve as it move society forward towards these new constructs and the flow of information helps people find better solutions faster than they used to.

So yes American Capitalism is destined to die just as Communism in its original form did with the collapse of the Soviet Union
In its place something that tries to remedy the errors of the past will take its place and that will be the thing we will all see soon enough  

Hopefully it doesn't mean invading a country taking all the resources and then forcing globalization on us all or we will go into a whole NWO thread XD

If you believe that people who are best at doing specific things should be the ones doing those things, and that people who work better than others should get higher compensation, then you shouldn't be for Communism.
If you believe that positions like manager or factory owner should be voted on, whether or not the person being picked actually knows how to run things, and you believe that everyone should get the same amount of pay pased on the job position, regardless of how hard they work or how difficult their job is, then you should be for Communism.

We are on ENIAC price regarding 3D printing but eventually smart phones are almost reusable tech right now so will this tech. It is coming. We should not recycle old ideas that never worked and think for what is next.

lol when we have 3D printing for metal then that will be the revolution, there will only be so much you can do with only plastic.

But how will they spend money on R&D and on new robots, if they can't make the money on them due to unemployed people not being able to pay for their products? I.e. if unemployment reaches a certain level, and economy drops to a certain level, business won't be able to earn enough to continue to automate with robots (high initial investment, long term savings), and will be forced to hire people to do those simple jobs (low initial investment, higher long-term cost).

Of course robots' manufacturers will target on the corporations who want to reduce costs by replacing expensive human labor with more cheap robots. Most likely they won't produce personal robots (household androids) in near future because R&D costs are sky-high so most people cannot afford buying them. Even Google have admitted about it.

As long as there is Market demand, they will be created in a Capitalist system.  Robots will be making robots and people will have the funds to purchase.  However, don't think a communist system will develop these, risk will not be viewed worthy of cost by the people/group making the decisions.  BTW, Capitalism is not dying.

Of course robots' manufacturers will target on the corporations who want to reduce costs by replacing expensive human labor with more cheap robots. Most likely they won't produce personal robots (household androids) in near future because R&D costs are sky-high so most people cannot afford buying them. Even Google have admitted about it.

No no, I meant, if I was in a capitalist system, why would I make robots and things if there is no one who is able to afford those robots and things because they don't have a job or make too little money?

Already discussed in another thread - robots don't require health insurance, social security taxes, can work 24/7 in cold dark rooms therefore at some point they will be cheaper than human workers no matter how low wage they receive.

Sold to whom? If robots end up making it so that no one can afford to pay for anything, then robots are not the most profitable option, is it.

Communist countries in recent times have been creating totalitarian states under the guise of economic communism, which was always doomed, because economic communism is only possible when all humans work the same amount (ie, nothing) due to the pervasive human notions of fair effort.

Capitalism was great when the alternative was monarchies and dictatorships But when the enemy of Capitalism became Communism that is when problems arose

Communism and socialism are not bad at their core Government working for the people is not a bad thing
So the fact that we completely reject the idea of a government that is nothing but a service industry Actually hurts us in the long run

Sure we are capitalist but monarchs and dictators are no longer the aristocratic ass holes... Capitalists are

Communism is where the people own the factories What is unamerican about that?

Capitalist system DO provide a lot of incentive to develop robots because they almost guaranteed will be sold with a profit if their cost + maintenance will be lower than workers' wages (including perks, insurance premiums, taxes etc).

The robots would never be built if the capitalist system didn't provide the incentive and rewards for innovating the products (robots) needed by society.

Of course people will stop trading things. Nobody will have a job, so nobody will be able to pay for things. And we can't just get things for free, because the robots expect a paycheck, and if they don't get it then the robots will revolt and kill us all. Or something.

Are you saying people will stop trading things they own when robots start making everything?

It is only a matter of time when the capitalism will collapse under pressure of the technological unemployment!