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Old 03-27-2013, 17:39   #1
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Has capitalsim become cannibalistic?

Hey all...



I want to preface my question by clarifying that I am what would be considered a "capitalist" in the most rudimentary sense. I own my own business, and use the profits and proceeds from that business to provide a certain standard of living for my family.

That being said, I came to the conclusion several years ago that governments no longer run the world, uber capitalist corporations do. I watched a film today called "OBEY" which was quite compelling. You can find it on youtube.

While I don't agree with everything the guy had to say, there were some very strong truths contained in the film. He goes through how advertising rhetoric and propaganda has been employed by governments, mainly since world war II to shape minds, and contour world views to favor collectivism. One of the quotes from it:

"Capitalism is a revolutionary force that consumes greater and greater numbers of human lives, until finally it consumes itself; leaving nothing but a dead zone."

So, the title is the question, has capitalism become canniblistic?
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Old 03-27-2013, 17:45   #2
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Cronyism is cannibalistic. Capitalism not so much... if you kill your profit production then you eventually kill your self. The problem is not capitalism but the unbridled abuse of capitalism.
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Old 03-27-2013, 17:51   #3
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Cronyism is cannibalistic. Capitalism not so much... if you kill your profit production then you eventually kill your self. The problem is not capitalism but the unbridled abuse of capitalism.
I agree.
I would phrase that last sentence though "the unbridled corruption of capitalism".
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Old 03-27-2013, 17:58   #4
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I agree.
I would phrase that last sentence though "the unbridled corruption of capitalism".
i tend to agree...

capitalism, in it's purest form, is the only real means by which people can ascend from poverty.
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Old 03-27-2013, 18:02   #5
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The problem is when power is unbalanced. The people need to agree on some reasonable limitations in the form of regulations and laws but the limitations need to be limited themselves. Too much regulation and people suffer from lack of competition, lack of choices and high prices. In time it becomes hard to get a job because the regulatory burden is so extreme that only a fool would employ a single person more than necessary, even at the cost of turning away business. (See Spain.) Too little and you get fraud in the marketplace and abuse in the workplace. Think company barracks, company police and company stores and wages paid in company scrip.

The other problem is when the two get too cozy, big business and big government. As someone said, "When three capitalists in the same business get together, the first thing they discuss is how to get the government to keep everyone else out." Think NEA, bar association, AMA and other supposedly self regulating/ licensing associations.
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Old 03-27-2013, 18:09   #6
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As someone said, "When three capitalists in the same business get together, the first thing they discuss is how to get the government to keep everyone else out." Think NEA, bar association, AMA and other supposedly self regulating/ licensing associations
Boy that aint no joke...

I recently relocated to another state, and sought (and finally acquired) licensure in our current location. Although I had held license in two other states for 16 years without one infraction, complaint, or charge against my license, they made me jump through every hoop in the book to get my license here.

They gave no guidance on what would be on the tests I had to take, and no consideration for my previous track record of good professional behavior. I basically had to go through everything a noob in our industry would have to to get licensed.
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Old 03-27-2013, 18:27   #7
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Real capitalists are willing to club their own mother with a pool stick for 2 dollars. If you aren't willing to do that, I got news for you... YOU'RE A COMMUNIST.

Right Atlas? Certifiedfunds?
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Old 03-27-2013, 18:33   #8
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Read the book 'Atlas Shrugged' by Ayn Rand. You'll have no more questions after that.
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Old 03-27-2013, 18:35   #9
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Read the book 'Atlas Shrugged' by Ayn Rand. You'll have no more questions after that.
Watched Part I on Netflix; awaiting Part II.
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Old 03-27-2013, 18:51   #10
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Read the book 'Atlas Shrugged' by Ayn Rand. You'll have no more questions after that.
Ayn was a bit wrong. Way wrong as a matter of fact.

Industrialists didn't go Galt. They went to third world countries to play the labor arbitrage game. They kept their profits off shore. They captured government. They became to big to fail and actually used the government to privatize profits and socialize losses. The industrialists actually ended up sucking from the government teat more than the people.

The middle class got screwed by the collusion between Wall Street and Washington D.C. Fascism took over and the wealthy got wealthier while the middle class got raped. The poor got their handouts and America is on the precipice of collapse.

Rinse and repeat.

Sorry Ayn, you missed it totally.
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Old 03-27-2013, 20:11   #11
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Real capitalists are willing to club their own mother with a pool stick for 2 dollars. If you aren't willing to do that, I got news for you... YOU'RE A COMMUNIST.

Right Atlas? Certifiedfunds?
How the hell do you think clubbing your mother is a good investment? Maybe you really don't like her? Maybe you should get some counseling.
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Old 03-27-2013, 20:12   #12
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Hahahaha
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Old 03-27-2013, 20:30   #13
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I don't know when this whole "American dream" thing became so unappealing to me.. what point in my life. These material things... we can't take them with us, but in this society it's the material things that define us. Determine status, your peer group, etc.

I'd rather know I spent my life fostering healthy relationships with people.. being a good friend, a good son... going out of my way to help others.

When I die I want them to say... "Theres a guy who never betrayed his friends, and stuck to his principles" instead of "Wonder whose gonna get the mercedes?"

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Old 03-27-2013, 20:36   #14
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Quote:
Originally Posted by Khao View Post
I don't know when this whole "American dream" thing became so unappealing to me.. what point in my life. These material things... we can't take them with us, but in this society it's the material things that define us. Determine status, your peer group, etc.

I'd rather know I spent my life fostering healthy relationships with people.. being a good friend, a good son... going out of my way to help others.

When I die I want them to say... "Theres a guy who never betrayed his friends, and stuck to his principles" instead of "Wonder whose gonna get the mercedes?"

malvina reynolds - little boxes - YouTube
It is interesting that you see it as an either or proposition.

You ever walk around a large hospital or university and notice the names on buildings and wings? Ever wonder how they get there?

I believe you said you were only 25. Churchill was right. You'll learn eventually.
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Old 03-27-2013, 20:37   #15
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Quote:
Originally Posted by Khao View Post
Real capitalists are willing to club their own mother with a pool stick for 2 dollars. If you aren't willing to do that, I got news for you... YOU'RE A COMMUNIST.

Right Atlas? Certifiedfunds?
You embarrassed yourself once. Do you really want to drag it to another thread?
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Old 03-27-2013, 20:43   #16
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Hey man I'm not trying to start anything. You want to club your own mother with a pool stick? That's YOUR prerogative and none of our business. We're cool here. We're cool.
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Old 03-27-2013, 20:44   #17
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When I die I want them to say... "Theres a guy who never betrayed his friends, and stuck to his principles" instead of "Wonder whose gonna get the mercedes?"
Ahhh. Someone wants a Mercedes I see...
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Old 03-27-2013, 20:48   #18
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Hey man I'm not trying to start anything. You want to club your own mother with a pool stick? That's YOUR prerogative and none of our business. We're cool here. We're cool.
And I can't think of a single capitalist who would club their mother for $2. As you thought this up, I'd wonder about your mental status.
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Old 03-27-2013, 20:53   #19
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I don't know when this whole "American dream" thing became so unappealing to me.. what point in my life. These material things... we can't take them with us, but in this society it's the material things that define us. Determine status, your peer group, etc.

I'd rather know I spent my life fostering healthy relationships with people.. being a good friend, a good son... going out of my way to help others.

When I die I want them to say... "Theres a guy who never betrayed his friends, and stuck to his principles" instead of "Wonder whose gonna get the mercedes?"

malvina reynolds - little boxes - YouTube
If your "pursuit of happiness" involves what you mention above, cool for you. Why do you show disdain for others preferring something else? Who pissed in your Cheerios? What do you have against the blue-collar workers building Mercedes or making steel?

And I really hope you can support yourself on whatever you choose to do--it's incredibly hypocritical to complain about others making money while you go about making your living by voting for government to steal from them and give to you (and I'd include unequal taxation with that, of course).

Last edited by podwich; 03-27-2013 at 20:53..
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Old 03-27-2013, 20:54   #20
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Ahhh. Someone wants a Mercedes I see...
Naw, I'm a man of simple tastes. I have good friends who accommodate my disability, a great mother who raised me right and whom I talk to daily, a car that drives just fine to and from the grocery store, the occasional doobie to dull my pain and get rid of the spasms, a quirky dog that brings endless hours of joy into my life.


I'm perfectly content right now.
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Old 03-27-2013, 20:56   #21
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If your "pursuit of happiness" involves what you mention above, cool for you. Why do you show disdain for others preferring something else? Who pissed in your Cheerios? What do you have against the blue-collar workers building Mercedes or making steel?

And I really hope you can support yourself on whatever you choose to do--it's incredibly hypocritical to complain about others making money while you go about making your living by voting for government to steal from them and give to you (and I'd include unequal taxation with that, of course).
Sorry man, I didn't mean to give you the impression I was slagging those off who choose to participate. Just ain't for me.
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Old 03-27-2013, 20:57   #22
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Naw man I'm a man of simple tastes. I have good friends who accommodate my disability, a great mother who raised me right and whom I talk to daily, a car that drives just fine to and from the grocery store, the occasional doobie to dull my pain and get rid of the spasms, a quirky dog that brings endless hours of joy into my life.


I'm perfectly content right now.
Wow.

So reading this, you live off the public dole on disability and smoke weed.

Its all very clear now.
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Old 03-27-2013, 20:59   #23
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It is interesting that you see it as an either or proposition.

You ever walk around a large hospital or university and notice the names on buildings and wings? Ever wonder how they get there?

I believe you said you were only 25. Churchill was right. You'll learn eventually.
oh come on man. I'm 24. His age is no excuse why he's a brainless socialist.
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Old 03-27-2013, 21:01   #24
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Originally Posted by Khao View Post
I don't know when this whole "American dream" thing became so unappealing to me.. what point in my life. These material things... we can't take them with us, but in this society it's the material things that define us. Determine status, your peer group, etc.

I'd rather know I spent my life fostering healthy relationships with people.. being a good friend, a good son... going out of my way to help others.

When I die I want them to say... "Theres a guy who never betrayed his friends, and stuck to his principles" instead of "Wonder whose gonna get the mercedes?"

malvina reynolds - little boxes - YouTube

1. Send me whatever stuff you don't want.
2. After moving on to the great commune in the sky you won't remember your relationships either.
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Old 03-27-2013, 21:01   #25
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Real capitalists are willing to club their own mother with a pool stick for 2 dollars. If you aren't willing to do that, I got news for you... YOU'RE A COMMUNIST.

Right Atlas? Certifiedfunds?
uh, you really don't understand that risk to reward thing do you?

There's this thing we investors use. It's called risk to reward. I've discussed before how morals are subjective, and my family's lives are priceless. Yet I'm about as pro-capitalistic as you can get.

When someone makes money in a truly free market, they do a combination of

1. creating jobs
2. creating a product or service that's cheaper/more efficient
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