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Capitalism is best

Posted: Tue Sep 26, 2006 7:54 pm
by Phidippides
I believe capitalism is the best, though imperfect, system of economics that a government can employ. The same principles that led Adam Smith to publish his views on capitalism hundreds of years ago still hold true today and will always hold true, because they deal with man's nature and his desire for profit. It is too bad that people sometimes focus on the excesses of capitalism while ignoring the bounty of goodness that it provides.

RE: Capitalism is best

Posted: Tue Sep 26, 2006 8:20 pm
by DodgeFB
[quote=Phidippides]
I believe capitalism is the best, though imperfect, system of economics that a government can employ. The same principles that led Adam Smith to publish his views on capitalism hundreds of years ago still hold true today and will always hold true, because they deal with man's nature and his desire for profit. It is too bad that people sometimes focus on the excesses of capitalism while ignoring the bounty of goodness that it provides.
[/quote]
I think "capitalism" is fine as long as you are on the right side of it. But some of the richest people got rich on the backs of some of the poorest people on earth. And they do all they can to keep it that way. Just one of my opinions.

RE: Capitalism is best

Posted: Wed Sep 27, 2006 12:04 am
by semann
Capitalism is not the best, it still has many problems as poor people and many other social problems. The best politic system would be a politic system where the president is elected democratically and where people do have influence in their government. Every people should have access to medicine, insurances, and education. The best political system would be the one that has an intelligent population, not one that people live in ignorance. This political system hasn't being created yet. And for me, its an error saying that something is the best, that is conformism, theres always room for improvement.

RE: Capitalism is best

Posted: Wed Sep 27, 2006 3:00 pm
by Lass
[quote=semann]
And for me, its an error saying that something is the best, that is conformism, theres always room for improvement.
[/quote]

You're right to say that there is always room for improvement, but I think perhaps what Phidippides was saying was that capitalism is the best system that is around at the moment. Reminds me of Churchill's words, "It has been said that democracy is the worst form of government except all the others that have been tried". :P

RE: Capitalism is best

Posted: Wed Sep 27, 2006 11:32 pm
by Lad
Capitalism is the best of the worst. That's essentially what Lass is saying and is what I have learned having studied economics. It isn't perfect far from it, but every other method just hasn't brought the same prosperity.

RE: Capitalism is best

Posted: Sat Nov 11, 2006 5:56 pm
by Francisck
I believe anarcho-capitalism is best, let the thugs we call a government go out of bussiness, let the free market take care of people, the busssinesses can take care of things musch better than the government can, this has been proven time and time again, government is nothing but slow and will only help it's self, while companies need to help there customers in order to make money, government just takes it from you.

RE: Capitalism is best

Posted: Fri May 08, 2009 8:35 pm
by Anti
capitalism is not the best and the alternative would be anarchism where the state and all other forms of hierarchy would be abolished. we should have a society in which everyone has control over their own life and an equal say in all decisions that involve them.Capitalism produces misery all over the world. Billions live in poverty despite the huge amount of wealth that has been created. This system is simply unacceptable; it must be overthrown!

RE: Capitalism is best

Posted: Fri May 08, 2009 8:55 pm
by Dirk
[quote=Phidippides]
I believe capitalism is the best, though imperfect, system of economics that a government can employ. The same principles that led Adam Smith to publish his views on capitalism hundreds of years ago still hold true today and will always hold true, because they deal with man's nature and his desire for profit. It is too bad that people sometimes focus on the excesses of capitalism while ignoring the bounty of goodness that it provides.
[/quote]

If you mean by best, most profitable, then maybe. But what about what's best for the people, not the fatcats? Capitalism constantly needs to be dampened down. We've had the same system for almost 3 and a half centuries in Britain and you know what? Capitalism is a good idea in theory, but it just doesn't work in practice. I'm with Anti on this one (again). We don't need Government but we definitely have to get rid of the capitalist system as well.

RE: Capitalism is best

Posted: Sat May 09, 2009 2:31 am
by mongoman
Capitalism is a good idea in theory, but it just doesn't work in practice.
And anarchism/communism does?

Capitalism is far more practical than a socialist/communist/anarchist system, but obviously practicalities don't always lead to fairness.

Also, Anti, if you think that an anarchist regime will solve all the problems of world poverty, I think you're very much mistaken.

RE: Capitalism is best

Posted: Sat May 09, 2009 7:50 pm
by Anti
how am i mistaken, i know for a fact that it would solve poverty all over the world(where there is no form of gov't). how could someone live in poverty where theres no rich or poor b/c there would be no money or a need to buy useless items people dont need. The people would be provided with all they need.

capitalism is suppose to reward people on the basis of hard work,right?. So why do actors earn millions more than farmers despite the fact that what farmers do is way more important cause without food we’d all die. In a capitalist economy, a billionaire can put his money in the stock market or a bank account and earn money off the interest without doing any work at all. The people who already have a lot get more without having to do any work, yet those who have little must work way harder for it. We are always paid less than the value of the goods we produce and thats how companies make their profit. If you believe people should be rewarded for hard work, then you can’t support capitalism because it’s based on this parasitic class of owners who make money off of our labor.