Unregulated Capitalism Sinks Ships

[nailer]

What you're basically describing has been part of the human condition since the beginning.

[donquixote99]

Originally Posted by nailer

What you're basically describing has been part of the human condition since the beginning.

In a sense. But 'the human condition' in practice hasn't been all one thing. Some conditions have been a lot better than others. So it's useful to try to figure out what can better the lot of the most people.

[nailer]

Liberal Western Democracy has generated our best condition to date and capitalism is a prime component.

[donquixote99]

Originally Posted by nailer

Liberal Western Democracy has generated our best condition to date and capitalism is a prime component.

Would never say different. Recall that I am arguing for checks on capitalism, not for its abolition.* but I'd say you are again using a big abstract term to paper over the real issues. "Liberal Western democracy" varies lot at different places and times. These days the US is coming in about last among the liberal Western democracies, in a lot of measures. I think our system needs a major refurb and repair job.

* this, BTW, means I'm not a soci alist.