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What are your perspectives on capitalism vs. Socialism or other types of like "isms"?

ITGuy75 4 June 12
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35 comments (26 - 35)

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1

Unbridled capitalism was shown to be faulty when the markets collapsed in 2008. Capitalism is an economic system that relies on competition where you get winners and losers. Unfortunately, the winners stack the deck so the winners keep winning and the losers keep losing.

It has been said that Socialism does not provide enough motivation for production.

Therefore, I propose a hybrid system of capitalism and socialism. There will be a check on the other's power. The capitalism side will motivate production and the socialism side will guarantee economic justice.

Interestingly, this is sort of what we used to have during the New Deal.

and how a few societies in northern europe operate day to day. but for how long they can hold out from the short sighted and narrow minded is the question

Socialism does provide motivation for production. Just not as greedily as capitalism. Capitalism promotes excess and greed and inequality. Socialism promotes need being fulfilled. You work with the collective, you get. Also, with modern technology, automation would work wonders for socialism.

[struggle.ws]

"Despite the limitations of the Industrial revolution in Spain, it demonstrated clearly that the working class are perfectly capable of running factories, workshops and public services without bosses or managers dictating to them. It proved that anarchist methods of organising, with decisions made from the bottom up, can work effectivly in large scale industry involving the coordination of thousands of workers across many different cities and towns. The revolution also gives us a glimpse of the creative and constructive power of ordinary people once they have some control over their lives. The Spanish working class not only kept production going throughout the war but in many cases managed to increase production. They improved working conditions and created new techniques and processes in their workplaces. They created, out of nothing, a war industry without which the war against fascism could not have been fought. The revolution also showed that without the competition bred by capitalism, industry can be run in a much more rational manner. Finally it demonstrated how the organised working class inspired by a great ideal have the power to transform society."

[deleonism.org]

1

I like Buddhism and humanism. Can pretty much do without all the other isms.

I'm with you. But what will we do for money?

@dare2dream Money is only necessary if you convince yourself we need it. Any metric which segregates us into classes is inherently going to corrupt itself into an oligarchic state. Segregation of that kind is both morally and ethically unsound. Period.

1

I would say that all "isms" have the potential to be implemented either in a good or bad way.
It's not so much the "ism" as it is the people in power and if they decide to use that power for good or bad.

But perhaps that raises a bigger question of what's good vs what's bad. Who is one person to decide what is good or bad for another person. It might seem simple enough, but just because you or I don't like something doesn't automatically make it wrong.
Societies put rules in place and, generally speaking, what breaks the rules is considered bad, but that may not be the case on the other side of the world, or across the street.

scurry Level 9 June 12, 2018

Something that harms a large percentage of the population and makes their lives unnecessarily difficult to benefit other individuals can be said to be objectively bad.

@Blindbird It can be easy to pick out extreme cases and call them good or bad, but it gets a lot fuzzier when the conditions are as extreme.
Is it right to sacrifice one person to save a million people? a thousand people? a hundred? ... ten?
Is it right to sacrifice one person for another person?
What if you didn't have to sacrifice them, but only chop off an arm?
Or they get fired from their job?
or they get a pay cut? (or paper cut - ha ha.)
what if the person who will be saved is your child and the person being sacrificed is a murder?
what if all the people involved are family members?
obviously the scenarios are endless and death doesn't have to be a part of them.
My point is, extreme cases are easy to call, but when the case isn't extreme at all, what might be ok in the mind of one person, might not be ok in the mind of another. And perhaps there is no clear right or wrong in some situations.

[theconversation.com]

@scurry most of the harm done to people is NOT in the name of saving others. That argument is at best disingenuous. By far the most harm done to the greatest number of people is and historically has been in the name of the profit motive. Let's have an argument that more accurately reflects tge state of things at the moment shall we? How peoples lives is protecting one billionaires or corporations massive profits. One life? Millions of lives? How many people need to die to protect health insurance, hospitals and big pharmas assets. To keep them "free" to keep strangling americans in debt so a priveleged few may benefit?

@Blindbird I hear ya. And while i personally find it appalling, i recognize that it's my opinion, (and perhaps the opinion of millions of others as well) but only an opinion.
Yes - there is certainly an argument to have here and when it comes down to it, I'm fairly certain that we are on the 'same side', but there could still be an argument for either side.
Consider "Survival of the Fittest".
The biggest, strongest ... Lion... theoretically gets the lioness and passes on his bloodline.
In essence, the biggest, strongest & richest ...Humans... are doing just that.
I'm not saying I agree. I'm not saying it's right. I'm simply drawing a comparison. Is what's ok in the animal kingdom frowned upon for humans, even though that's how we got to be where we are as a species? and indeed, how the rich and powerful got rich and powerful?
Again - I'm not saying it's right or wrong.

1

Capitalism is just a set of ideas. And it is a good set of ideas. As with all good things there are practitioners who do not understand the ideas.
The waltons are evil. They are like trump and putin,... would be dictators. The unregulated power they hold here in the US is the real problem.

JacarC Level 8 June 12, 2018
0

Zeitgeist Trilogy. For those who need WAY over explained.

The American Dream. A cartoon which explains the system for those who need it in more simple terms than the above anthology.

0

It is best not to be too dogmatic about "isms"

0

I think capitalism is inherently broken, but we haven't yet come up with something that can viably replace it.

I'd like to think that we have plenty of viable replacements. The problem is they are mutually exclusive in their truest forms. That combined with the fact that people don't normally like change for fear of social ostracization and elite/government retaliation slows, retards and outright stops the process of transition to better systems.

0

Walk through a modern grocery store. Winess capitalism.

Especially the night before Thanksgiving and Christmas. Unregulated capitalism in its purest form.

Watch as cops arrest people picking through the garbage that’s thrown out. Watch as many items in the store are beyond the economic reach of the workers that stock those shelves.

@Prescott whole foods maybe, but Kroger or Giant Eagle have many items priced what the market will bear

@jwd45244 definitely not Kroger. I used to work at one and it wasn’t uncommon to have food drives to help feed needy employees in the Kroger “family.”

0

There’s no such thing as capitalism—there is only trade. Trade is a boon to mankind and has been for ages.

Capital is just the tools and other resources needed for production. Even communist countries need capital. Also needed for production are labor, management, and end users, but you don’t hear about laborism, managementism, or userism.

Trade has greatly facilitated human progress, so that today we have better means of production, better transportation, better communication, making worldwide trade feasible. Along with this expansion is a need for large organized efforts, and also specialized markets. One of those markets is the stock market.

Every effort by zealots to curtail trade has resulted in poverty and unrest. While it is true that wily and creative traders often become wealthy in terms of money, in terms of goods and services their consumption is not much more than average. Money is not true wealth. Wealth has to be continuously created.

0

Well, first you need to understand all the ..isms,
where we are with them;
what the major effects are on the world
and how to change it.

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