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To: walkinginthedesert

“These negative effects include the degrading of traditional morality and the role of the family, the restriction of private property, crony capitalism, the rise of imperialism, and lastly its effects on agrarianism and the environment.”

These are all symptoms of Socialism/Communism not Capitalism.


13 posted on 06/10/2015 7:36:04 PM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Georgia Girl 2
I think the writer's point is that a fascist/socialist economic model is the inevitable result of unfettered capitalism. I'm not sure I agree with that, but there are some undeniable historical economic developments over time that help make that case.

One of the major economic trends that doesn't get a lot of attention in these discussions is the ongoing improvement of conditions tied to economies of scale. What this means is that the cost of something inevitably declines when it is purchased and sold in larger quantities. A car costs less when it is one of 400,000 produced than when it is custom-built for one buyer, for example.

This trend isn't a problem in and of itself, but it does present inevitable challenges over time that ultimately fly in the face of true free-market economics and personal liberty. As the world gets more complex and technology advances over time, these economies of scale grow considerably and often threaten the existence of people, families, and even government jurisdictions. Think of the U.S. in the middle of the 1800s, for example. There was always a conflict between those who espoused a strong Federal government and those who favored states' rights, but what tipped the balance in favor of the big-government model was the establishment and growth of the railroad industry. State borders simply became less meaningful once a person or a product could be transported across multiple states in a very short time.

This trend explains why governments always grow out of control in modern, advanced economies. Eventually, the most efficient economies of scale exceed even the scale of state governments and major corporations, and only a centralized government with unlimited authority can effectively ensure the availability of a product or service at an "affordable costs."

Eventually, even a basic understanding of what a person or a family is becomes lost in the whole process.

20 posted on 06/11/2015 9:32:40 AM PDT by Alberta's Child ( "It doesn't work for me. I gotta have more cowbell!")
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