larry is a moron. He’s the type of person that gives capitalist a bad name. If you’re a believer of capitalism, theres no way you could believe any of the current policies can lead to prosperity. Capitalism is a economic philosophy. You either believe it or you don’t.
posted on 04/11/2010 4:19:09 AM PDT
Central economic planner do not work. Government can certainly mark alot of problems by printing ALOT of money which gives illussion of prosperity. Apparently Larry rather the illusion that reality. As long as Maddoff is conning ppl and they still believing they’re geting insane return, then all is fine. To Larry, the problem are ppl who’s trying to tell ppl Maddoff is not a conman. He rather live in the illusion
posted on 04/11/2010 4:22:33 AM PDT
"Capitalism" is actually a whole group of theories. It is really only the use of surplus value created by more efficient ways to produce things in order to make production even more efficient or to initiate production of goods not previously produced. Free Market Capitalism is what you mean, I think. After all, the name of Mr. Marx's opus was Das Kapital(Capital) and socialism is just another form of capitalism in that it is a theory about how to create, conserve, and organize capital i.e. accumulated surplus value. It is a theory that is grievously wrong if the goal is any sort of prosperity for more than a very narrow elite but it is still a theory of capitalism. Mercantilism is another. Freemarket capitalism in a politically free system is the engine that will send man to the stars in short order if it does not get smothered under socialist arrangements.
posted on 04/11/2010 4:47:52 AM PDT
("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
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