02-24-2013, 03:34 PM
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#21
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Heisman Winner
Join Date: Sep 2010
Location: East Coast of FL
Posts: 5,559
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Quote:
Originally Posted by Burke
Why should corporations even pay income taxes?
It's just double taxation because stockholders have to pay taxes on their dividends.
Everything is an excuse to take what productive people earn.
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Gotta feed the beast man.....
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Res ipsa loquitur
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02-24-2013, 05:41 PM
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#22
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,448
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Quote:
Originally Posted by Matthanuf06
The problem is that we aren't capitalists, and haven't been for awhile. We live in a country where winners and losers are picked by the government, sometimes on a dramatic scale and sometimes on the margin. That is not capitalism. The fact that corporations play by the required rules set by the government have negative outcomes is not capitalism.
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i wouldn't say the winners and losers are picked by the "government", when it is the capitalists that control the government
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02-24-2013, 05:44 PM
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#23
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,448
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it is WE THE PEOPLE who have failed....capitalism is doing its purpose, which is to make profit, at all costs, and regardless if it goes against the benefit of the country its operating in
we allow our government to be bought and sold to the highest bidder, therefore its what we get
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02-24-2013, 06:25 PM
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#24
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Premium Member
Join Date: Jan 2010
Location: Maine
Posts: 6,305
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Quote:
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Originally Posted by Burke
What capitalism?
When have we been a truly capitalist society?
Closest we ever came was the last quarter of the 19th century.
Even then we were no where close to being completely free.
What's failing is statist intervention into what had been something closer to capitalism than any other.
We're just falling back into the rat pack of collectivist thug societies.
That's what's failing.
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Ah, yes. The Gilded Age. Those WERE the days....
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There was nothin to set a man's mind at ease like wakin up in the morning and not havin to decide who you were.
C. McCarthy
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02-24-2013, 06:50 PM
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#25
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Gator Country Silver
Join Date: Sep 2007
Posts: 10,490
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Quote:
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Originally Posted by 108
i wouldn't say the winners and losers are picked by the "government", when it is the capitalists that control the government
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By definition that isn't capitalism.
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02-24-2013, 07:17 PM
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#26
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,448
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Quote:
Originally Posted by Matthanuf06
By definition that isn't capitalism.
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the lack of "free trade"?
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02-24-2013, 08:56 PM
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#27
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Premium Member
Join Date: Jun 2009
Posts: 6,389
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Laissez faire capitalism is an economic system in which the govt stays out of the economy.
Not only does our govt not stay out of the economy, it damn well runs it.
Which is precisely why it is collapsing.
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02-24-2013, 09:41 PM
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#28
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Moderator
Join Date: Apr 2007
Location: Gainesville, FL
Posts: 13,014
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When currency is monopolized and manipulated it doesn't matter the laws or the economic model used.
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"What lies behind us and what lies before us are small matters compared to what lies within us."--Emerson
"It is no measure of health to be well adjusted to a profoundly sick society.
Jiddu Krishnamurti"
End the FED
Become debt free!
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02-24-2013, 10:11 PM
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#29
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,448
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Quote:
Originally Posted by Burke
Laissez faire capitalism is an economic system in which the govt stays out of the economy.
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other than Gov protecting property rights
which the rest would crumble without
but the thing about "laissez faire" is that business wants no part of it...if so, we would be going more towards it
and thats where i have to laugh about your disdain for Gov in this regard....its the capitalists that control Gov, buying off and putting in elected officials to do their bidding
you blame Gov for all ills, but a central Gov is a capitalists best friend
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02-24-2013, 10:17 PM
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#30
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Premium Member
Join Date: Jun 2009
Posts: 6,389
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Protecting property rights instead of violating them for some supposed public good IS staying out of the economy.
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02-24-2013, 10:24 PM
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#31
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Moderator
Join Date: Apr 2007
Location: Gainesville, FL
Posts: 13,014
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Global resources need to be shared not perpetually fought over.
__________________
"What lies behind us and what lies before us are small matters compared to what lies within us."--Emerson
"It is no measure of health to be well adjusted to a profoundly sick society.
Jiddu Krishnamurti"
End the FED
Become debt free!
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02-25-2013, 07:10 AM
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#32
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Gator Country Silver
Join Date: Sep 2007
Posts: 10,490
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Quote:
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Originally Posted by 108
other than Gov protecting property rights
which the rest would crumble without
but the thing about "laissez faire" is that business wants no part of it...if so, we would be going more towards it
and thats where i have to laugh about your disdain for Gov in this regard....its the capitalists that control Gov, buying off and putting in elected officials to do their bidding
you blame Gov for all ills, but a central Gov is a capitalists best friend 
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Therefore we are not capitalists. I know you hate the word and the system, but you simply cannot claim that this system is anything remotely close to capitalism.
Whether or not business owners want the government involved, the fact is the government is involved and the system is able to be corrupted. A business owner has zero choice but to play by those rules. If a business owners had naive dreams of capitalism and did not play the current government game that firm would be put out of business. The government would give more breaks and more money to a competitor that did play the game. It's play the game or die.
That is NOT capitalism.
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02-25-2013, 08:05 AM
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#33
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Premium Member
Join Date: Jun 2009
Posts: 6,389
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Govts that involve themselves with businesses, granting some special favors, licenses, grants, etc. are what we call fascist systems.
Which is what we really are now.
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02-25-2013, 08:11 AM
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#34
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Sub-optimal Poster
Join Date: Apr 2007
Location: Orlando, FL
Posts: 16,578
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There is no "capitalism" without the state.
__________________
"The things we admire in men, kindness and generosity, openess, honesty, understanding and feeling, are the concomitants of failure in our system. And those traits we detest, sharpness, greed, acquisitiveness, meaness, egotism and self-interest, are the traits of success."
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02-25-2013, 08:22 AM
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#35
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Gator Country Silver
Join Date: Sep 2007
Posts: 10,490
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Quote:
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Originally Posted by wgbgator
There is no "capitalism" without the state.
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The state needs to protect property rights. Nobody is denying that. However capitalism isn't a system like ours that picks winners and losers.
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02-25-2013, 08:25 AM
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#36
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Junior
Join Date: Sep 2008
Posts: 470
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Quote:
Originally Posted by wgbgator
There is no "capitalism" without the state.
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Dare I ask you logically explain that statement?
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02-25-2013, 08:31 AM
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#37
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,448
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Quote:
Originally Posted by Matthanuf06
Therefore we are not capitalists. I know you hate the word and the system, but you simply cannot claim that this system is anything remotely close to capitalism.
Whether or not business owners want the government involved, the fact is the government is involved and the system is able to be corrupted. A business owner has zero choice but to play by those rules. If a business owners had naive dreams of capitalism and did not play the current government game that firm would be put out of business. The government would give more breaks and more money to a competitor that did play the game. It's play the game or die.
That is NOT capitalism.
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well then, what you seem to want is anarchism, because capitalism needs the state, and clearly you are not in favor of limiting the "free-speech" of corporations to prevent the Crony Capitalism you despise
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02-25-2013, 08:34 AM
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#38
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,448
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nm
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02-25-2013, 08:49 AM
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#39
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Sub-optimal Poster
Join Date: Apr 2007
Location: Orlando, FL
Posts: 16,578
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Quote:
Originally Posted by surfn1080
Dare I ask you logically explain that statement?
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There can be no "capitalism " without the state or something like it. The state protects property, enforces contracts and other things/rights that are essential to capitalism. Its stands to reason also that the people with the most property and the most valuable contracts will use the mechanism of the state to their advantage if they can, usually in a way that protects their own interests and limits competition.
__________________
"The things we admire in men, kindness and generosity, openess, honesty, understanding and feeling, are the concomitants of failure in our system. And those traits we detest, sharpness, greed, acquisitiveness, meaness, egotism and self-interest, are the traits of success."
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02-25-2013, 11:42 AM
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#40
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,448
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Quote:
Originally Posted by wgbgator
There can be no "capitalism " without the state or something like it. The state protects property, enforces contracts and other things/rights that are essential to capitalism. Its stands to reason also that the people with the most property and the most valuable contracts will use the mechanism of the state to their advantage if they can, usually in a way that protects their own interests and limits competition.
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yes, in fact, it wouldn't be capitalism if it didn't try to take advantage, protect its own interests, and limit competition...
so capitalism is doing nothing wrong in and of itself, that is its nature, and part of human nature
the other part is the the collective
clearly we need both for long term survival as a species
the trick is to properly regulate capitalism so that it doesn't eat itself
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