Capitalism .......A force for good or A force for bad.

[TinFoilHat]

They were murderous madmen who gave "Communism" a bad name.
I'm saying a Socialist construct can work in a Capitalist system and that has been proven.

I'll see if I can find the interview. I'm sure Obama said the same in an interview with Bill Maher as he was leaving office?

He mentioned something like Healthcare, public infrastructure/Utilities/Education could be socialised and work but his country wouldn't accept it.

 

[Ifwecouldjust.......]

People like Mao and Stalin?

OK, you'll say that their type of socialism is an exception to the rule?

You are conflating Communism with Socialism ...

 

[Big Ellens Bell]

As with everything in life there are pro's and con's.

As I see it, for those born into a life of abject poverty and deprivation then a communist regime ensures that what little there is gets shared around, but at least everybody gets something.

For those born into a life under a capitalist society, with effort there comes reward and opportunities are generally more plentiful depending upon certain factors. (i.e inherited wealth; privilege; education; connections) etc.,

Unfortunately power corrupts and no matter what system is in place it is only as fair and balanced as those who lead it along with their motivations.

All I know is, of the 2 systems, I much prefer to live under one where I am fairly rewarded for my efforts and given the opportunity to do so should I chose.

 

[Alvin-blue-qhd]

For those born into a life under a capitalist society, with effort there comes reward and opportunities are generally more plentiful depending upon certain factors. (i.e inherited wealth; privilege; education; connections) etc.,

There are only 4 or 5 communist countries. All others are capitalist society.
Not all of them have rewards and opportunities, because it is capitalism, money talks.
That is "the world order", if you are born in a poor capitalist country unluckly, some Banana Republic, your effort means nothing, you have a very small opportunity.
I think the Key point is not cpitalist or communist, the key is you need a country with strong sovereignty.

 

[Johnny Mars Bar]

Capitalism isn’t perfect but it’s better than the alternatives.

 

[Ifwecouldjust.......]

Capitalism isn’t perfect but it’s better than the alternatives.

However you cant have infinite growth in a finite world..... we'd better come up with an alternative pretty quickly

 

[BayernMan]

Ask a Neoliberal: An Interview with J. Bradford DeLong
In the 1990s, neoliberalism was a kind of utopian program. What remains after the crises of the twenty-first century?

Why would anyone want to be a neoliberal? It’s a hard question to answer today when the left and right both say they’re looking to put the neoliberal order behind us. But that makes it even more important to understand what made it appear so imposing not that long ago. To take us back to that moment, I spoke with J. Bradford DeLong. An economist at UC Berkeley and former member of the Clinton administration, DeLong now views the neoliberal project as a failure. But in 1999 he said it was “the only live utopian program in the world today.” We talked about neoliberalism’s origins, the sources of its appeal, and whether we have really moved beyond it. —Timothy Shenk

Great article.

https://www.dissentmagazine.org/article/ask-a-neoliberal-an-interview-with-j-bradford-delong/