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Featured The end of capitalism in America?

Discussion in 'Current News & Events' started by mukk_in, Jun 11, 2019.

  1. morse86

    morse86 Junior Member

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    It actually ended a long time ago. Sometime about the 1700s I would estimate.

    We have corporations working with government, on that government dole $$$.

    Heck, the three card monte stock market would collapse without that printing machine.
     
  2. SoldierOfTheKing

    SoldierOfTheKing Christian Spenglerian

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    Industrial capitalism arose in every country save Britain (which was the first to industrialize and hence had no competition) behind a high tariff wall. Germany, the United States, Japan all built their industrial base on tariffs.
     
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  3. Light of the East

    Light of the East Orthodox Inquirer Supporter

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    American Capitalism is totally anathema to the Christian faith. The end of it cannot come fast enough for me.
     
  4. jacks

    jacks Er Victus Supporter

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    Not arguing with you, but what would you replace it with or specifically how could we tweak it to make it more Christian?
     
  5. jgarden

    jgarden Senior Veteran

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    The end of capitalism in America?

    I was under the impression that it was the Republicans who were the self-appointed "guardians" of American capitalism, limited government, free trade (without tariffs), fiscal responsibility (balanced budgets), strict law enforcement, upholding for the Constitution .....

    Under the Trump Administration, the voices that once supported those conservative principles have been silenced - Congressional Republicans have willingly abdicated their responsibility as a constitutional check against Executive excesses and holding this President accountable for abandoning those very ideals that their Party is supposed to represent!
     
    Last edited: Jun 13, 2019
  6. Kaon

    Kaon Well-Known Member

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    Is this acceptable?
     
  7. timewerx

    timewerx the village i--o--t--

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    Perhaps, follow the example of some European countries like Iceland.

    They managed to eliminate poverty, extremely low crime rate.
     
  8. mukk_in

    mukk_in Yankees fan Supporter

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    My feelings, exactly.
     
  9. Yekcidmij

    Yekcidmij Economist & Engineer

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    Both parties have been guilty of not only allowing, but promoting executive excess. The parties in Congress have delegated many of their powers to the executive and have done so for decades. How else can Trump unilaterally impose tariffs without Congressional consent? Isn't Congress supposed to have the power of the purse? Well, it's because of statutory law enacted by Congress decades ago. How can the President unilaterally impose military force without declaration of war? Because of statutory law enacted by Congress decades ago.

    This is the fault of Congress stretching back decades. It's not the fault of any one party, any one Congressional session, or any one person. Balance of power should be a very bi-partisan issue, but it isn't. When the Republicans have the balance of power, they don't mind executive excess. When the Democrats are in power, they don't mind executive excess. Neither party acts in the interest of people in the future. They all act in their very near term political interests. When those political interests are furthered by delegating power to the executive, they do it.

    To blame the current president and current congress (or the previous president and previous congress) is quite short-sighted.
     
  10. Albion

    Albion Facilitator

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    If that is so, the solution is to work towards less government intervention, not give it all over TO government (Socialism). And yet look how many people argue that if "Capitalism" has failed, the solution is bigger government!
     
  11. Light of the East

    Light of the East Orthodox Inquirer Supporter

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    Are you familiar with Distributism as promoted by G.K. Chesterton, Hilaire Belloc, and Fr. Vincent McNabb? You can read about it here:

    Utopia

    This is one of many fine articles at this website. The principles of Distributism are free enterprise, individual liberty, private property ownership, and smallness instead of gigantism (i.e. small privately-owned businesses instead of giant corporations).

    Capitalism is opposed to all these and is very anti-individual. Try talking about free enterprise to someone who owns his own business and is deluged with regulations by government pests who couldn't run an ant farm successfully. We have no individual liberty. As for private property - the banks own everything through the use of the unbiblical means of usury. Capitalism benefits an extremely small segment of society - the uber rich who own the banks. It is highly individualistic, meaning that it opposes the community regulating the behavior of businesses in favor of draconian state rule. An example of this would be when police are sent to natural farms selling produce, vitamins, or raw milk, and with force close these private businesses down because those giant corporations whose profit margins are being ruined don't like it

    You are given the illusion of being free under Capitalism. You aren't. Want to see how "free" you really are? Try missing a few payments on your house or car. You are OWNED. Your whole life is expected to work for the good of about 25 giant mega-corporations who run most of the world, and the banks who support them. You are expected to go along with the system, and if you don't, you will be trashed. It is not coincidence that four countries that threw out the international banking cartels were invaded and their leaders killed. This is why Colonel Gaddafi was offed by the U.S. Government. He dared to oppose the international banking cartel and set up his own gold-based economy based on the dinar.

    There's so much more. Do some research. You may be shocked and appalled at what you find. The one good thing about the Internet is that these scoundrels no longer can hide behind their lies. What we, the people, are going to do about it, remains to be seen.
     
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  12. Light of the East

    Light of the East Orthodox Inquirer Supporter

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  13. RDKirk

    RDKirk Alien, Pilgrim, and Sojourner Supporter

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    You touched on something I was going to mention:

    Capitalism is not the same thing as free enterprise.

    Capitalism is corporatism, and although it begins with free enterprise, unbridled capitalism immediately begins to suppress free enterprise.
     
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  14. Light of the East

    Light of the East Orthodox Inquirer Supporter

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    He is woke.
     
  15. Albion

    Albion Facilitator

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    In other words, what is called Libertarianism today.
     
  16. Light of the East

    Light of the East Orthodox Inquirer Supporter

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    No, it is not Libertarianism. Libertarianism allows individual freedoms which are ultimately destructive to the community as a whole. Things such as smoking pot or taking drugs.

    Did you read the articles I posted?

    If it was Libertarianism, it wouldn't be called Distributism. Sheeesh!!!
     
  17. W2L

    W2L Well-Known Member

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    Why do those corporations own liberal/socialist media outlets?
     
  18. Albion

    Albion Facilitator

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    You did list individual liberty, though, didn't you?

    If the characteristics you listed are adhered to, you have Libertarianism. If you want to change your list now, of course you could steer the issue in another direction. I merely identified the construct you offered us.
     
  19. redleghunter

    redleghunter Thank You Jesus! Supporter

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    An interesting OP ED by conservative Pat Buchanan:

    Tariffs: The Taxes That Made America Great
     
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  20. mukk_in

    mukk_in Yankees fan Supporter

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    Thanks Red. Pat's a great guy but I can't go along with him on this. I'm with the GOP faction (McConnell and others) that detests tariffs, especially on allies (Mexico, Canada, EU, Israel, India, Japan, Australia, ASEAN, etc.) where security and defense cooperation is at stake. I do support the rest of the President's agenda (immigration, counter-terrorism, deregulation, tax cuts - hope they become permanent for the middle class). I had actually written the President numerous times urging him not to go the tariff way, especially with allies. We capitalists...lol. Peace in Christ:).
     
    Last edited: Jun 13, 2019
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