Re: And there's the problem:"

Flame » in reply to And there's the problem:"

ER — 4/22/2012 5:32:56 AM (archived)

Maybe the state can provide nothing, it can only redistribute what is created privately. But the private sector has also showed itself to be very ingenious at internalizing its profits and externalizing its costs. And it has shown great ingenuity at circumventing market mechanisms and manipulating government power to ensure that it has a monopoly on all wealth, and that labor, which actually creates wealth, is provided with a constantly diminishing return of labor.

The only counterexamples of this occur in those societies which have modulated and regulated capitalism through democratic means. Governtment may not create wealth, but capital hoards it and doesn't share.

THe society does not exist to proivide business with markets and labor. Business exists to provide society with wealth and employment.

The whole thread (30 posts)

National Debt Road Trip, updated - TB - 4/21/2012 5:21:49 AM
- Re: National Debt Road Trip, updated - bowser - 4/21/2012 11:55:12 AM
  - Re: National Debt Road Trip, updated - ER - 4/21/2012 3:26:16 PM
    - The source of this story is a Cuban state newspaper. - TB - 4/21/2012 5:00:14 PM
      - Re: The source of this story is a Cuban state newspaper. - ER - 4/21/2012 6:06:33 PM
        
        I dare you to leave that comment up there. - TB - 4/21/2012 6:11:36 PM
        
        Dare me? - ER - 4/21/2012 8:58:29 PM
        
        Re: Dare me? - Jody - 4/21/2012 9:09:53 PM
        
        Re: Dare me? - TB - 4/21/2012 9:07:15 PM
        
        Re: Dare me? - ER - 4/21/2012 9:14:46 PM
        
        A world where your POV doesn't have to be true at all seems to be comfortable for a lot of people. - TB - 4/22/2012 12:58:36 AM
        
        EDITED: - ER - 4/22/2012 3:23:19 AM
        
        EDITED: I'd be interested in your definition of "Trotskyite," since nobody as yet seems to have developed a consistent or sensible one. - TB - 4/22/2012 4:07:35 AM
        
        Re: EDITED: I'd be interested in your definition of "Trotskyite," since nobody as yet seems to have developed a consistent or sensible one. - ER - 4/22/2012 5:11:19 AM
        
        We're not arguing about how many angels can dance on the end of a pin. - TB - 4/22/2012 5:29:02 AM
        
        Re: We're not arguing about how many angels can dance on the end of a pin. - ER - 4/22/2012 5:41:47 AM
        
        The deficits are a trillion a year. the debt has exceeded GDP. - TB - 4/22/2012 5:51:22 AM
        
        Re: EDITED: I'd be interested in your definition of "Trotskyite," since nobody as yet seems to have developed a consistent or sensible one. - ER - 4/22/2012 5:01:27 AM
        
        And there's the problem:" - TB - 4/22/2012 5:17:01 AM
        
        Re: And there's the problem:" - ER - 4/22/2012 5:32:56 AM
        
        None of that changes anything about the fundamental flaw of "democratic" wealth redistribution. - TB - 4/22/2012 5:44:18 AM
  - Re: National Debt Road Trip, updated - bowser - 4/21/2012 11:55:51 AM
- Re: National Debt Road Trip, updated - ER - 4/21/2012 11:53:49 AM
  - You just need to look at historical spending patterns to know what created these deficits and the debt. - TB - 4/21/2012 5:52:56 PM
    - Re: You just need to look at historical spending patterns to know what created these deficits and the debt. - ER - 4/21/2012 6:20:01 PM
      - What scares me is an intelligent person who will choose belief over facts. - TB - 4/22/2012 4:43:36 AM
        
        Re: What scares me is an intelligent person who will choose belief over facts. - ER - 4/22/2012 2:48:07 PM
        
        Re: What scares me is an intelligent person who will choose belief over facts. - TB - 4/22/2012 6:15:16 PM
- Re: National Debt Road Trip, updated - bowser - 4/21/2012 5:51:22 AM
  - Re: National Debt Road Trip, updated - ER - 4/21/2012 12:31:37 PM

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