Posted on 02/23/2008 5:46:06 AM PST by KungFuBrad
"SUPERCAPITALISM: The Transformation of Business, Democracy, and Everyday Life" is essentially a glorification of the success of US capitalism.
Incidentally it also seeks to explore how the democratic capitalism has developed into a supercapitalism where corporations and market forces effectively neutralize input from American middle class, the bulwark of American democracy.
(Excerpt) Read more at shanghaidaily.com ...
who makes up this crap?
Hm. I didn’t see the words “warmonger” or “imperialist” in there, so this cannot be a real article from a Chinese government controlled newspaper...:)
A lying, mass-murdering dictatorship.
“where corporations and market forces effectively neutralize input from American middle class, the bulwark of American democracy.”
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.......
if you consider the primary season, open borders, nafta cafta and the opening of trucking from mexico the major loss of manufacturing here, loss of free speech via Mccain/finegold -the most vile loss of property rights via SCOTUS ruling-
Restricting News to small number of big corps-and and the left (socialists) perhaps we should not be too quick to say hogwash.
Sound like a typical Obama “populist” speech.
However the United States didn't have the technical knowhow to build atomic bombs during the Civil War and had to burn Atlanta the old fashioned way.
As we know our enemies the Democrat Party / RHINO's along with their brothers the socialists / communists have been pitting the "poor" against the "rich" for eons.
What many of we fools fail to see is that those, in leadership positions, espousing this pap, are living in mansions, being driven in limos, and flying on jets ... at the expense of their "poor" subjects.
There is only one form of capitalism.
Capitalism seeks to provide a necessary product or service where none exist, at a value greater than the cost to provide it.
Capitalism is a facet of freedom & liberty.
Where capitalism breaks down, like any other market ideology, is when immoral people attempt to achieve continued power (money) by exploiting people and circumstances.
Morality must self-restrain any business person.
And just where is that being taught?
America is beginning to look like the space aliens in "The War Of The Worlds" as they begin dying off from bacteria.
In this case we are dying off from a lack of intestinal fortitude, and common sense.
Shouldn’t that be “running dog capitalism”?
That is a good thing, Dr. Reich.
For instance, he advocates the elimination of the corporate income tax, which he calls ineffective and inequitable. He also says government should never treat corporations like people (only people deserve rights) and hence would strip them of both corporate criminal liability and constitutional rights.
Very good, Dr. Reich.
The purpose of capitalism is to create wealth, and judged against this standard, according to Reich, US capitalism has been remarkably successful.
Capitalism hasn't a purpose in the sense of being imposed like socialism, Dr. Reich or whomever.
The rest of the Reichisms are the usual pablum.
Classic Chinese scholar Qian Mu,...screw you.
“The first urge is self-evident given capitalists’ natural voracity, for wealth is always a relative concept and enriching oneself must always come at the expense of others.”
Classical false assumption: wealth is a zero sum game. He does not realize that capitalists create wealth, whereas government does not.
“The second urge stems from the fact that, in Qian’s words, “the first purpose of the greenback is to fabricate atomic weapons.” Of course, today a host of other more lethal forms of weapons are being developed.”
The greenback (paper dollar) was invented in the mid 19th century—the atomic bomb in the mid 20th. Why the 100 year delay? Some comments are so stupid, they’re hard to refute.
“Just as Wal-Mart can dictate the products and costs of the commodities from suppliers, corporate forces can today shape the ideal citizen-consumers through a myriad of influences they can exert.”
This must be why Ford and IBM used their dominance at the top of the auto and computer industries to stay there forever. Oh. Wait. Scratch that. What about the most dominant retailer, Sears? They stayed there for about 80 years—and then fell. How about dominant transportation, like railroads? They fell too. Everywhere I look for perpetuation of monopoly dominance I see competition overcoming the monopoly.
“Ben & Jerry’s efforts to protect the rainforest may appear socially responsible, but is it responsible to sell sugary, high-fat desserts to a population already suffering from obesity and associated diseases?”
Were B&J socially conscious before they started their ice cream store? Yes. Do they force people to buy their ice cream? No. Should the government take away people’s freedom to buy whatever they wish? No, since governments only have the power that people give them, and people inherently have the power to choose, as a God-given ability.
The author quotes Robert Reich extensively to support his points and also criticizes him for being too conservative.
Overall, a humorous read of an economic ignoramus.
Sounds like the reasons we've heard some freepers give for wanting protective tariff hikes.
I saw this earlier, began to read it, got to Robert Reich, and blew it off.
Is this from Hillary's college thesis?
Morality used to be taught at home, reinforced in the church and mentored in the business place.
It's not taught anywhere.
Classic Chinese COMMUNIST scholar Qian Mu, in characterizing US capitalism, said Western capitalism centers on two dominant urges: the urge to make others poor; and the urge to kill others.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.