Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[MaxTheFox]

What my whole ideology is built on is reducing inequality to reasonable levels. I don't support abolishing money or private property, that's just stupid, but there should be no billionaires.

[Rolan7]

Based, as a anarcho-socialist (mostly).  Maybe money still exists, but there should be no billionaires millionaires- anyone who has such value has cheated.  Literally and unequivocably.  No person has earned that much through their work.  It's purely market bullshit.

And on the flipside, everyone deserves to live (if they want).  I strongly believe that.  If they choose to be harmful to the community, then they might need to be secluded, but they still deserve to live.

I respect what EuchreJack is saying, I simply disagree that it's a good basis for a community.
I'm biased but I think the given "strengths" of capitalism have been the restrictions place on it to stop it from being ancap shit.

[Scoops Novel]

What's the catch all term for shadow world, underworld - the general idea of a second world alongside our own.

[Naturegirl1999]

Parallel universe?

[EuchreJack]

Shaq retired from basketball in ‘91 ‘cause of AIDS-related issues. no he didn’t the internet lied to me!

Capitalism can’t self-correct btw. Remember the the financial crisis in ‘08, and how the banks were all like “lol, too big to fail” and asked for fuck tons of government money? What was self-correcting about that?

...that was socialism.
Capitalism would have been to let the banks fail.
Thank you for proving my point.

What point was that exactly? That the better system, capitalism, would have allowed the banks to fail, meaning that - unless you have a mattress full of money somewhere - you effectively lose the ability to function in society: you can’t get paid unless it’s cash in hand, you can’t pay for anything unless it’s cash in hand.

This would have happened in at least every major nation in the world. Catastrophic global depression, at minimum.

So, to amend my question, what has been self-corrected in this specific example?

Apparently, the US Government actually made money on its bailout.

[hector13]

Notably not an answer to the question I asked you.

[Rolan7]

What's the catch all term for shadow world, underworld - the general idea of a second world alongside our own.

Underworld sounds right to me, but it depends on which would you mean.  Dark web, underworld, black market- all these terms refer to different spaces.  Most spaces aren't public.

Unrelated, Shadowrun takes place in the "second world", a future with meta-humans like orcs and elves and a tangible cyberspace.

[hector13]

T’be fair, someone can be a black marketeer and that means they constantly occupy the two spaces of being a normal citizen and a black marketer.

[Scoops Novel]

Unrelated, Shadowrun takes place in the "second world"

Second world would be a good term if so many people hadn't taken it. How about you call it a Bounce? Because you can bounce off it.

[Iduno]

I don’t get how a basketball player has anything to do with capitalism

Neither does EuchreJack. I believe he's trying to come up with Magic Johnson, who was able to survive AIDs because of having money while millions of others died. This is a good thing, because under other systems, everyone would have died or survived together.

Shaq retired from basketball in ‘91 ‘cause of AIDS-related issues. no he didn’t the internet lied to me!

Capitalism can’t self-correct btw. Remember the the financial crisis in ‘08, and how the banks were all like “lol, too big to fail” and asked for fuck tons of government money? What was self-correcting about that?

...that was socialism.
Capitalism would have been to let the banks fail.
Thank you for proving my point.

Socialism doesn't cause capitalism to be corrupt. Capitalism allows capitalism to be corrupt. Money=>power=>money.

[dragdeler]

I can only assume that the point beeing proven is a very flawed reading of the idiom "socialism for the rich". It's a facetious expression deliberatly constructed to wake up economical fundies from their autopilot. Socialism for the rich is not socialism, it's capitalism par excellence.

[EuchreJack]

Notably not an answer to the question I asked you.

Your question was stupid.  Ask a legit question, instead of an argument in the form of a question, and I'll get you an answer (if I feel like it  ).

Right good sirs, it appears you have slayed my query into the ground.  Capitalism is now dead, your countries will all revert to Socialism starting.....now.

Next Question!
(So yeah, sorry for starting the shitfight in here, can we move on to the actual intention of this thread?  Sorry sorry sorry, move on now?)
Look, I even gave you an alternative!

[hector13]

You asserted that capitalism was self-correcting, and that the two other economic systems you brought up were not, and thus capitalism was superior (perhaps an inference on my part I’m too lazy to go back and check).

I presented a real-life situation in which capitalism appeared to have not self-corrected (the ‘08 financial crisis) requiring a response from government (government bailouts the world over). You said the real-life solution to that was in fact socialism and that the solution to the supposedly better system would have been to allow part of the economy to collapse, and that your point was proven; I asked what your point was as I was genuinely mystified as to what your point was, and then asked how allowing part of the economy to collapse was self-correcting.

How is asking questions about your position stupid? I ask them because I want to know more of your perspective, because I don’t share it. I might even stand to learn something.  That is what arguing is all about. Why are you standing in the way of my knowledge gathering bruv?

[heydude6]

Personally, I believe the banks shouldn’t have bailed out for moral reasons. They knowingly participated in a fraudulent asset market and did a surprised pikachu when it blew up in their face. The process of creative destruction was artificially halted by the government and the banks didn’t learn their lesson. Look at how they’ve embraced  crypto and NFTs. Those prices are gonna fall someday and who do you think will be picking up the bill?

While the economy is important, it is not more important than basic morality. Otherwise the evils you perpetuate will one day take a massive bite out of your ass, as we’re learning with China and Russia.

[hector13]

But then regular people are the ones being punished for the financial sectors evils. Heck, how many decision-makers at the businesses get punished?

The better response would’ve been to make the bailout contingent on the banks being broken up and the original executives being ousted from their positions sans severance packages.