The fundamental flaws of capitalism

Goto page 1, 2  Next
View previous topic :: View next topic
Author Message
undefined





  • #1
  • Posted: 03/15/2013 23:54
  • Post subject: The fundamental flaws of capitalism
  • Reply with quote
free market theory says that individual consumers will intelligently evaluate their production and consumption options, then make an intelligent decision to produce those things that provide the greatest profits (by indirectly providing the greatest benefits to others) while purchasing / consuming those things that provide the greatest benefits to themselves. In theory, it sounds downright elegant, but in practice, there's a huge problem with all this: Consumers are not rational!

Any thoughts on this guys?
Back to top
Happymeal





  • #2
  • Posted: 03/15/2013 23:55
  • Post subject:
  • Reply with quote
FUCK CAPITALISM!

LET'S ALL BECOME IMPERIALISTS.
Back to top
Jackwc
Queen Of The Forums



Location: Aaaanywhere Sex: Incredible
Canada

  • #3
  • Posted: 03/16/2013 01:53
  • Post subject:
  • Reply with quote
Happymeal wrote:
FUCK CAPITALISM!

LET'S ALL BECOME IMPERIALISTS.


I don't think you know what imperialism means? :S
_________________
A dick that's bigger than the sun.

Music sucks. Check out my favourite movies, fam:
http://letterboxd.com/jackiegigantic/
Back to top
  • Visit poster's website
  • View user's profile
  • Send private message
Jackwc
Queen Of The Forums



Location: Aaaanywhere Sex: Incredible
Canada

  • #4
  • Posted: 03/16/2013 01:55
  • Post subject:
  • Reply with quote
Capitalism is my preferred system. It may not be perfect, but out of all the alternatives, it is the most perfect.

The rationality of consumers is also not only subjective, it's entirely irrelevant.
_________________
A dick that's bigger than the sun.

Music sucks. Check out my favourite movies, fam:
http://letterboxd.com/jackiegigantic/
Back to top
  • Visit poster's website
  • View user's profile
  • Send private message
Guest





  • #5
  • Posted: 03/16/2013 01:58
  • Post subject:
  • Reply with quote
I'm a Marxist. I have written at length about my views quite a few times on these pages before, so I can't really be bothered to do so again. But yeah, capitalism is bad etcetera etcetera.
Back to top
JMan





  • #6
  • Posted: 03/16/2013 03:22
  • Post subject:
  • Reply with quote
Has NAPLES been overthrown yet? How's the RESISTY doing?
Back to top
Guest





  • #7
  • Posted: 03/16/2013 03:37
  • Post subject:
  • Reply with quote
'All animals are equal but some animals are more equal than others!'


Think
Back to top
sheep21



Gender: Male
Australia

  • #8
  • Posted: 03/16/2013 10:50
  • Post subject:
  • Reply with quote
Magenta wrote:
'All animals are equal but some animals are more equal than others!'


Think


I read that for english last year. That quote is an example of an oxymoron. Interesting.
Back to top
  • Visit poster's website
  • View user's profile
  • Send private message
junodog4
Future Grumpy Old Man


Gender: Male
Location: Calgary
Canada

  • #9
  • Posted: 03/18/2013 21:35
  • Post subject:
  • Reply with quote
Jackwc wrote:
Capitalism is my preferred system. It may not be perfect, but out of all the alternatives, it is the most perfect.

The rationality of consumers is also not only subjective, it's entirely irrelevant.


Capitalism is probably best, but it needs guidance from time to time from informed, deliberating government.

...and we need to realise that sustainability is more than a catch phrase, and isn't the antithesis of prosperity.
_________________
Finnegan was super bad-ass.
Back to top
  • Visit poster's website
  • View user's profile
  • Send private message
Evandar





  • #10
  • Posted: 03/18/2013 22:35
  • Post subject:
  • Reply with quote
From what I've seen, capitalism gives the middle finger to the environment while also creating markets that shouldn't even exist. But comparing it to Soviet socialism and general dictatorships, it's a goddamn miracle. Better yet, though, is intelligent government intervention combined with capitalism. Not saying my country is that perfect example, but we do get by better than most, and while I get pissed of at our government at times, overall I can't think of any better systems than what we have here. Ideally, though, I'd like environmentalism (that's a word, right?) to be of utmost importance in all nations around the world.
Back to top
  • Visit poster's website
  • View user's profile
  • Send private message
Display posts from previous:   
Post new topic   This topic is locked: you cannot edit posts or make replies.
All times are GMT
Goto page 1, 2  Next
Page 1 of 2


 

Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

 
Back to Top