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Capitalism Will Bring World Peace

 
 
xris
 
  1  
Reply Sat 22 May, 2010 06:45 am
@EmperorNero,
EmperorNero;167252 wrote:
Not the banking system but the people who borrow the money. The process that borrows the money is socialist, as you so often note. They are in one big democratic boat, helping each others - with other people's money. Those who make the spending decision are not the ones who have to suffer the consequences, that's why they make bad decisions.



Most of the uninsured are young people who could afford insurance but don't need it. In a free market they could buy a cheap basic insurance that covers the worst case scenarios, but government mandates that insurance have to cover all sorts of treatments they don't need. Insurance companies are literally forbidden to offer insurance to those people. That's why many young people stay uninsured, rather than get full expensive insurance that they have no need for.

Another chunk of the uninsured are poor people who already qualify for existing programs, they just can't be bothered to fill out the paperwork.



The cost of administration is always higher in a government bureaucracy than in private business. Name one industry where that is not the case.

If you reduce the cost of drugs, you get less of them. Price controls don't make things cheaper, you just have less of them. That's why shelves in the eastern block were empty.

You think that there will be more health care if you don't distribute it by cost - in fact, two thirds more. I can only ask you where that comes from. That the free market eats up two thirds more for administration and profits is just nonsense. That is the same fallacy that people in the 60'es made who thought the socialist Soviet union would have better economic achievement than the capitalist US.
Turns out that doesn't work. When will you people get it?

US health care is broken by regulation and intervention. Your British system would be much better, and cheaper, if you switched to a market. Then you can still subsidize those who can't afford it.
What socialist system encourages borrowing, your waffling again. The bankers through the bonus incentives encouraged unsafe borrowing, it had nothing to do with socialism but unadulterated capitalist greed.

Don't play with insignificant figures you claimed 80% are happy with their health insurance, how can that be when 35% have none at all, none?

Your administration charges are the highest in the world, its this that contributes to why you pay more for your health service than any other country. You cant avoid or ignore the facts and make dogmatic statements as if they prove anything..You have layer after layer of administration from the medical facilities ,the procurement to the insurers. Your drug companies don't help, they secure 16% profits in America even with their heavenly burdened lobbying services and their excessive executive remunerations. Dont say their research would suffer, they still extract 16% with research costs...http://sickothemovie.com/_media/SiCKO_sickofactoids.pdf
EmperorNero
 
  1  
Reply Sat 22 May, 2010 06:53 am
@xris,
I'm sorry to say, but you need to read up on some economic realities that you are wrong about.
There is no point in repeatedly lecturing you about stuff that you keep denying.
Bankers and greed - all that stuff has no basis in reality.
A friendly good bye. I am done. You just keep believing what you want to believe xris.
xris
 
  1  
Reply Sat 22 May, 2010 07:39 am
@EmperorNero,
EmperorNero;167260 wrote:
I'm sorry to say, but you need to read up on some economic realities that you are wrong about.
There is no point in repeatedly lecturing you about stuff that you keep denying.
Bankers and greed - all that stuff has no basis in reality.
A friendly good bye. I am done. You just keep believing what you want to believe xris.
Doing it again Nero, avoiding the truth and leaving the stage unable to answer my questions. See you in a few days..
0 Replies
 
exile
 
  1  
Reply Mon 24 May, 2010 02:34 pm
@EmperorNero,
Communism doesn't work. And seemingly neither does capitalism, nor the sort of mixed economy we have in the developed world.

Of course advocates of both communism and capitalism claim their systems haven't been tried properly yet.....
xris
 
  1  
Reply Mon 24 May, 2010 03:00 pm
@exile,
exile;168187 wrote:
Communism doesn't work. And seemingly neither does capitalism, nor the sort of mixed economy we have in the developed world.

Of course advocates of both communism and capitalism claim their systems haven't been tried properly yet.....
You have failed to mention socialism or are you another that thinks communism and socialism are in the same bag?
0 Replies
 
exile
 
  1  
Reply Mon 24 May, 2010 03:11 pm
@EmperorNero,
I suppose I consider the mixed economy includes elements of capitalism (a market, corporations as legal persons, limited liability, insurance, free trade, a banking and finance system, private property and so on) and socialism (welfare, free or subsidised health and education, etc). Communism is (in theory) a development from state socialism - but we're still waiting.....
xris
 
  1  
Reply Tue 25 May, 2010 03:12 am
@exile,
exile;168210 wrote:
I suppose I consider the mixed economy includes elements of capitalism (a market, corporations as legal persons, limited liability, insurance, free trade, a banking and finance system, private property and so on) and socialism (welfare, free or subsidised health and education, etc). Communism is (in theory) a development from state socialism - but we're still waiting.....

I think that's the difference, I see a mixed economy includes state health care and education. Relieving the populace of the worry of these essentials in life, assists a free economy. These joint ventures are pragmatic, not essentially socialist but classified as such.
0 Replies
 
exile
 
  1  
Reply Thu 27 May, 2010 03:16 pm
@EmperorNero,
Actually communist societies have had and do exist - religious communities such as monasteries, or communes. They have not however existed at the level of the nation. It seems to be a matter of scale - we can work to a common goal and not for personal reward if we feel we are members of a community or that we are working for a higher goal (that is, our employer is God)
0 Replies
 
stealth4933
 
  1  
Reply Wed 2 Jun, 2010 04:57 pm
@EmperorNero,
Communism is, conceivably, the perfect form of government. Every view that anyone has had of some sort of heaven or utopia has carried more similarities to communism than any other form of government. However, for communism to work there must be something in place to make people attempt to follow the rules. In the case of monasteries and communes, there is a deity that the people are attempting to follow. In Soviet Russia there was an army that kept everyone in check, and did brutal things to keep communism on top. Everyone sharing their belongings and work sounds good, but there is no way that man can possibly acheive it on their own. The main difference between capitalism and communism is that capitalism is ever changing and evolving with the society, where as communism stays unchanging. This is why America has held power for so much longer than any other country in recent memory.

However, people are correct in saying that American government is not purely capitalist. Although pure capitalism has never really been attempted, i.e. laissez faire capitalism, it is not hard to concieve that if there was not a government keeping it in check than capitalism would quickly turn to anarchy and chaos, just like communism. The only truly fair comparison would have to be between socialism, a less intense form of communism, and American style capitalism. I am more inclined to still lean towards American style capitalism, since there are endless examples of American style capitalism lasting longer than socialism.
jeeprs
 
  1  
Reply Wed 2 Jun, 2010 06:51 pm
@stealth4933,
stealth4933;172256 wrote:
However, for communism to work there must be something in place to make people attempt to follow the rules.

And that would be the Secret Police and the Gulags, would it not? Didn't work in the end, though.
0 Replies
 
 

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