Keenan wrote:
No, that's not what Twardlow said. He did not say regulation = socialist.
To claim that regulation = socialist is absurd. Pure unregulated capitalism doesn't work. It tends to self-destruct in short order. Regulations are needed at a minumum to break up monopolies, prevent people from being poisoned or killed in the name of profits, to outlaw fraud and stabilize markets, outlaw slavery and inhuman practices which may be profitable but inhumane. Without such regulations, capitalist systems tend to either 1) become unstable and self-destruct at wealth is quickly aggregated to the top and demand is destroyed as the majority of the population are impoverished, or 2) get overthrown by the masses when exploitation and inhumane treatment become too much to stomach.
Pure unregulated capitalism exists only in the dreams and fantasies of those with absolutist, fanatical, delusional ideological purity who don't understand history and why most normal (non-sociopathic) human beings eventually demand regulations to protect normal human values from being destroyed by unscrupulous capitalists who would put profit above all other considerations. The idea in "pure capitalism" that profit can be placed above all other values - health, environment, safety, fairness, life, democracy, etc., is sociopathic and inhuman. People with such a ridiculous absolutist ideological concept of capitalism "untainted" by regulations or taxes propose such a radical fanatical "pure" ideology that they would make even ISIS blush.
No, that's not what Twardlow said. He did not say ... (
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You seem to draw out these fanatical scenarios and label people who "Advocate" Capitalism as being some purest.
I do not advocate "Pure unregulated Capitalism". I clearly stated that would not work.
You seem to think Capitalist ignore or negate the rule of law.
You obviously did not read my entire write up here.
You also seem to demonize and draw extreme views of anything you do not profess.
I would agree that there has to be some regulations by government. Our environment is one of them.
Libertarian type thought breaks down on "The Commons" aka Tragedy of the Commons.
When things like air and water are shared across space and land. (I can pollute your space or land and not even be on your land). Laws and regulations must be in place to protect that.
Slavery is illegal....Rule of law.
I believe it is kinder and more humane for a capitalist to give a man a job, than have a government steal from the rich so the poor do not have to work.
There is no utopia. I have said this many times.
Both Classical liberalism(I am a classical Liberal) and socialism are polar opposites where the scale is sliding.
The further you move toward Classical liberalism the better off your society is.
This is how we became the greatest nation on earth through Classical liberalism.
Capitalism is only the economic side of the political ideology of being classically liberal.
Socialism only addresses the economic side of a society.
Liberalism today is nothing what Liberalism was for the first 150 years of our country.
Governments gain power through tragedy.
War breaks out and we tax...aka...The Marshall plan.
We have a depression and we Tax or have a war to bring us out of the Depression.
Each time a tragedy has occurred in our country we as a people have lost liberty.
All societies have tragedy. People in power want to "Fix" the problem.
Most times the problem is self correcting over time.
We live in a society of instant pleasure, the instant fix, the quick solution.
The reason that people get wealthy is they can postpone pleasure.
They sacrifice today for what they may have tomorrow.
Socialist can not do this. They promote government because they want the instant fix.
They want someone to pay for someone else in the name equality. It's the quick fix.
The socialist fails to see the long term unintended consequences of socialist policy.
The socialist only recognizes instant pleasure because it "FEELS" good.
Socialist policy often FEELS good but rarely does good.
The idea of FEELING good about oneself and their belief is fundamental to socialist thought.
Here's a video on Feeling good vs Doing good.....
http://www.youtube.com/watch?v=_rOb_z-yYrU&t=119s