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We appreciate your help
in keeping this site going.
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02-04-2015, 08:29 AM
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Senior Member
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Join Date: Apr 2014
Location: Lake Forest, CA
Posts: 460
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David Harvey "The End of Capitalism"
If you have never seen this, it is worth watching.
https://www.youtube.com/watch?v=sSBNTgWnJ3c
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"Man is born to be free - and everywhere in chains!" -Rousseau
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02-04-2015, 08:30 AM
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Senior Member
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Join Date: Apr 2014
Location: Lake Forest, CA
Posts: 460
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I am interested in hearing what you think about it.
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"Man is born to be free - and everywhere in chains!" -Rousseau
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02-04-2015, 09:09 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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I think he is right on but don't expect the capitalists here to ever start thinking as I truly doubt that they are capable of rational thought.
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02-04-2015, 09:13 AM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Is there a Cliff Notes version?
While capitalism has its flaws, it's still the best way yet devised to allocate resources, though does require some degree of regulation.
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As long as the roots are not severed, all will be well in the garden.
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02-04-2015, 09:25 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by finnbow
Is there a Cliff Notes version?
While capitalism has its flaws, it's still the best way yet devised to allocate resources, though does require some degree of regulation.
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The principle resource that capitalism allocates is capital.
And we've seen where that leads.
John
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02-04-2015, 09:30 AM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by Boreas
The principle resource that capitalism allocates is capital.
And we've seen where that leads.
John
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Yep, better wealth creation and societal development than any other known methodology. It may have its warts, but it beats all known alternatives.
__________________
As long as the roots are not severed, all will be well in the garden.
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02-04-2015, 10:14 AM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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The warts are deadly to many without income redistribution, which cannot occur when the politicians and capitalists share the same bed.
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"We have met the enemy and he is us."
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02-04-2015, 10:28 AM
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Ready
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Join Date: Oct 2013
Posts: 19,170
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Quote:
Originally Posted by nailer
The warts are deadly to many without income redistribution, which cannot occur when the politicians and capitalists share the same bed.
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Redistribution is a kludge. The idea is better distribution in the first place.
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02-04-2015, 07:35 PM
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Senior Member
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Join Date: Apr 2014
Location: Lake Forest, CA
Posts: 460
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Quote:
Originally Posted by finnbow
Is there a Cliff Notes version?
While capitalism has its flaws, it's still the best way yet devised to allocate resources, though does require some degree of regulation.
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Please watch some of it, it is fascinating and there are better ways. There are so many things that could happen to make our lives better.
__________________
"Man is born to be free - and everywhere in chains!" -Rousseau
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02-04-2015, 07:38 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by VanishingPoi
Please watch some of it, it is fascinating and there are better ways. There are so many things that could happen to make our lives better.
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That may be true, but getting them through the body politic is another issue altogether.
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As long as the roots are not severed, all will be well in the garden.
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