Death of Capitalism

[Kidlicious]

"It's a Killer Rabbit with huge mashing teath like this"
*mashes hands and fingers together to simulate eating people
-Monty Python

[Shi Huangdi]

Certainly, Viceroy. Of course, as the Lord of such an uncivilized province, we shall expect you to oversee the inquisition there as nessecary to bring light to that benighted province.

[Japher]

social programs and safety nets can co-exist in a free-market consumer goods economy

I agree, just as long as they are not ran or funded by the government.

Anyway, Shi already has a following

I think that in order for it be a true Feudalism we should take a vote

[Kidlicious]

Pitifull. The fascists are declaring that capitalism is inferior to even feudalism.

[SlowwHand]

Originally posted by JohnT
I read that original post of yours, Sloww, and I was wondering when somebody would come in and "correct" you. You make trolling just look so easy.

It takes a lot of practice, believe me.
I studied AH for years.



JEEZ, people. Give me a break, will ya ?

Without even looking, let me quote myself:

"Thanks. There's been a noticeable absense of the Death of Capitalism/Democracy threads.

See that "slash" ? Is meant as "and/or".
As in, absense of yada and/or yada.

Shorthand, I know, but I figured all you Einstein clones could catch on with a little effort.

[Sava]

I agree, just as long as they are not ran or funded by the government.

That's the problem Japh... nobody else would do it without the government... or have you forgotten about what life in the US was like pre-Teddy Roosevelt

[DAVOUT]

Originally posted by Lorizael
As far as the United States goes, there's a lot of gold lying around that's not being used to give value to the currency. It would take a lot to destroy the monetary flow inside the United States.

Gold stock of the US at the end of february 2003 : 11043 Millions $.

That is not a lot. Definitely not enough to guarantee the US currency in any amount appropriate to the volume required.

[SlowwHand]

We need to go back to barter system.
Then people that can't do **** will be culled out.

[Lorizael]

Originally posted by DAVOUT


Gold stock of the US at the end of february 2003 : 11043 Millions $.

That is not a lot. Definitely not enough to guarantee the US currency in any amount appropriate to the volume required.

What does that mean, exactly? What I know is that the US Dollar is backed by the gold being stored at For Knox (sp?) and that US doesn't use all of the gold there. If it really wanted to, it could up the value of the dollar by a considerable amount.

JohnT and Sloww: *sigh* it's hard to to know when someone is yanking your chain across the internet.

[Japher]

Gold was the old standard, silver too, the dollar is not based on any precious metal anymore.

[PLATO]

Originally posted by Sava
And contrary to the belief of the Cold-War brainwashed masses, social programs and safety nets can co-exist in a free-market consumer goods economy.

Isn't "Social Capitalism" what we have now in both Western Europe and US?

Western Europe tends more toward socialism and the Us more towards capitalism.


BTW, while economic and political philosophy are NOT the same, one does tend to follow the other. The more free a society the more likely it will tend towards capitalism.

[Lorizael]

Plato, in practice that's true. Doesn't mean it has to be so.

Japher, what gives the dollar value?

[Japher]

Our kick arse army!

[Sava]

Isn't "Social Capitalism" what we have now in both Western Europe and US?

Western Europe tends more toward socialism and the Us more towards capitalism.

Pretty much. The difference is the US gives more of its welfare money to corporations. My political beliefs fall along the lines of seperating the Social aspects from the Capitalist aspects while ensuring the Democratic process is free from unethical influences. My theory is that Capitalism will thrive if unaffected from outside influence. I also think that in order to protect "life, liberty, and the pursuit of happiness" the government needs to provide health care and education. It should be done in a high quality, but efficient, manner.

BTW, while economic and political philosophy are NOT the same, one does tend to follow the other. The more free a society the more likely it will tend towards capitalism.

No... it means, the more free the society, the more likely it will tend towards the system more culturally suitable. Or are you not paying attention to Iraq? If the US simply killed Saddam and left the people to choose their own system without controls, they'd choose an Islamic system.

[Kidlicious]

Originally posted by Lorizael
Japher, what gives the dollar value?

The exchange price is determined by supply and demand.