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Re: The Future of Capitalism: What comes next?

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  • Mon, Jan 17, 2011 - 07:22am

    #71
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: The Future of Capitalism: What comes next?

[quote=Carl Veritas]

The romatic idea of an egalitarian society ran by a party that knows whats good for all  sounds like too many bong hits.    If you need laws (government coercion) to keep your people in the country, that’s reality,,,, dude..    

[/quote]

 

That’s not what I’m promoting. The point of this thread is to show that the idea of a “free market” really is not possible due to certain characteristics of capitalism. Some intervention is necessary in order for democracy to work, as was shown in a recent post by Johnny Oxygen.

Longwave Despotism – Germany 1928+ America 2008+

Capitalism, if left unregulated, leads to monopolies and gross disparities in wealth which ultimately bring the whole system down. Generating monetary profit for a few well-connected, wealthy elite cannot be the sole purpose of an economy.