[MD] This is what democracy looks like
Horse
horse at darkstar.uk.net
Sun Oct 16 03:46:47 PDT 2011
I see the same silly remarks that silly people make to cover up their
inability to admit failure.
Very similar comments were made about communism.
You're saying nothing I haven't seen before and what you are saying is
complete nonsense.
On 16/10/2011 11:42, Michael R. Brown wrote:
> Horse -
>
> Failed? Really? And we've had pure, laissez-faire capitalism all this
> time?
>
> That growth postulate is nowhere required by economic liberty, and
> resources are not "denied" to the rest of the world. The central
> factor is bad government. Africa suffers from oppression by African
> socialism principally (which was quite compatible with dictators) -
> and it has enormous resources. Market-based economies produce
> resources; government-dominated ones can't and don't. (Look at the
> USSR having to use tubes in their fighter aircraft into the 1980s.)
>
> Deregulation never happened. Ever. As long as government controls
> paper money, alone, you cannot claim that things are not regulated.
> The market is far more regulated than it can bear, and other things
> besides (to pick a random example, the destructive effects of things
> like Fannie and Freddie, which in fact priced lower-income people out
> of housing *over time* and led to an inflationary mentality in real
> estate).
>
> We've had a mixed economy for many decades, and these are the
> consequences falling due. The $60-120trillion unfunded liability bomb
> in the ill-designed welfare schemes known as Social Security and
> Medicare are going to make the crash of '08-present look like child's
> play unless we go forward to liberty. Talk about unsustainable.
>
> And when those crises hit, capitalism will be blamed then, too. "The
> rich" did it, always.
>
>
> MRB
> http://www.fuguewriter.com
>
>
>
> -----Original Message----- From: Horse
> Sent: Sunday, October 16, 2011 3:31 AM
> To: moq_discuss at moqtalk.org
> Subject: Re: [MD] This is what democracy looks like
>
> If we wind back the clock we go back to the conditions that caused the
> current mess.
> These include the assumption that continual growth is possible at a rate
> that is obviously unsustainable and consumption of resources by a few
> that are denied to the rest of the world.
> 'The Market' has obviously failed or we wouldn't be in this mess but the
> response of many seems to be to do more of the same. De-regulation would
> appear to be at the root of the problem and until a reasonable level of
> regulation is re-instated this problem will continue.
>
> Capitalism, like Communism, has failed and those who cannot see this are
> in denial.
>
>
>
>
> On 16/10/2011 11:13, Ian Glendinning wrote:
>> I think Horse's is about right. My response to Mary's point - it not
>> so much
>> what democracy looks like, but it's what democracy looks like when it's
>> broken. (The problem lies in assumptions about consumption and
>> growth, and
>> the addiction to "winning" instead of quality.)
>>
>> The problem with the disaffected "revolutionaries" is they can show
>> their
>> frustration, but someone still has to work out what the fix looks like.
>> Winding the clock back and starting again is unlikely to be the best
>> option
>> (for those doing the protesting, or anyone else).
>>
>> Ian
>>
>> On Sun, Oct 16, 2011 at 10:51 AM, Horse<horse at darkstar.uk.net> wrote:
>>
>>> No, I think it's what ordinary folk look like when they realised
>>> they've
>>> been screwed over for the last 60 years or so.
>>> Neither Luddite nor economically illiterate - just ordinary people
>>> who've
>>> had enough.
>>>
>>>
>
--
"Without music to decorate it, time is just a bunch of boring production deadlines or dates by which bills must be paid."
— Frank Zappa
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