Report, edit, etc...Posted by Loser_Musician on 2005-09-26 at 19:15:49
Ego's right.
Besides, no economy is perfect, because it relies on people. I'm no master of economics, and no here is, but I do know that capitalism is good enough. Wether it's the best, i doubt it, there might be a better one in this century or next one, or one that's already been around, but for now, it gets the job done.
Besides, no economy is perfect, because it relies on people. I'm no master of economics, and no here is, but I do know that capitalism is good enough. Wether it's the best, i doubt it, there might be a better one in this century or next one, or one that's already been around, but for now, it gets the job done.
Report, edit, etc...Posted by Dr.Shotgun on 2005-09-28 at 16:53:09
I'm not really against capitalism. But what I'm saying is that private companies should not own vital resources like water and electricity without regulation.
Before 1980, third world nations were either socialist or welfare statist. In Latin America, per captia income grew 73 percent, Africa, 34. Since 1980 and the introduction of IMF globalization, Latin American growth has slowed to 4 percent, and Africa has declined by 23 percent.
In California, when electricicty was privitized, prices rocketed. Bids and the free market apparently didnt help California.
The IMF has forced things like tuition for public schools and charging for previously free hospital appointments.
The market is fine. But the truly free market is a nightmare.
Free markets for the US? I don't think we're on the same page. The US has the worlds most regulated electricity, water, and other vital servies/goods regulations. Thats why things like natural gas and water are cheap over here. Free markets for everything is just wrong. You would have no unions, no minimum wage, rampant corruption, etc.
Before 1980, third world nations were either socialist or welfare statist. In Latin America, per captia income grew 73 percent, Africa, 34. Since 1980 and the introduction of IMF globalization, Latin American growth has slowed to 4 percent, and Africa has declined by 23 percent.
In California, when electricicty was privitized, prices rocketed. Bids and the free market apparently didnt help California.
The IMF has forced things like tuition for public schools and charging for previously free hospital appointments.
The market is fine. But the truly free market is a nightmare.
Free markets for the US? I don't think we're on the same page. The US has the worlds most regulated electricity, water, and other vital servies/goods regulations. Thats why things like natural gas and water are cheap over here. Free markets for everything is just wrong. You would have no unions, no minimum wage, rampant corruption, etc.
Report, edit, etc...Posted by Staredit.Net Essence on 2005-09-28 at 17:27:40
I'd like to see your source for those numbers (economic growth), and why you are so sure that both the changes were as a result of the economic system. To add to that, those places never really became capitalist (no respect for private property; often times the government had a monopoly on natural resources, etc.).
Secondly, the Cal energy markets were not free, and they were only privatized by name. There were so many regulations and artificial barriers to entry that calling that market "free" insults the true free market.
Third, do you not attribute China's increasingly free market to its exploding economic growth?
Secondly, the Cal energy markets were not free, and they were only privatized by name. There were so many regulations and artificial barriers to entry that calling that market "free" insults the true free market.
Third, do you not attribute China's increasingly free market to its exploding economic growth?
Report, edit, etc...Posted by Vibrator on 2005-09-30 at 15:51:10
QUOTE(Dr.Shotgun @ Sep 28 2005, 04:53 PM)
In California, when electricicty was privitized, prices rocketed. Bids and the free market apparently didnt help California.
[right][snapback]323745[/snapback][/right]
That is what is supposed to happen directly after anything is privatized. Prices sjyrocket at first but then drop to slightly lower what they were before eventually. Although I do agree with you that vital resources should not be privatised (although I also include health care and education into that).
Report, edit, etc...Posted by Staredit.Net Essence on 2005-10-04 at 23:52:53
its all part of everything!!!! 
the companies are greedy, SOME gas is limited and in short supply, and yes, there are people out there that iwll go broke becase of rising high gas prices. That will raise poverty levels and lead to, like ego said, civil unrest. The poor will try and get the rich, it will be like a whole union rebelion in 20 years-100 years.
the companies are greedy, SOME gas is limited and in short supply, and yes, there are people out there that iwll go broke becase of rising high gas prices. That will raise poverty levels and lead to, like ego said, civil unrest. The poor will try and get the rich, it will be like a whole union rebelion in 20 years-100 years.