It's May 13, 2024, 12:57:32 AM
Capatalisim leads to companies buying out their competition or just plain wiping them out, eventually one company will previel above all the others and own everything, when this happens Capatalisim become's the very thing that most people think of as it's total oppisite, Commusnisim (well not true Marxist Communisim but the type of Commusnisim that we have seen and think off), one group of people owning everything but instead of being the Government it will be a Corporation, and because they will own all services they will control the world in a way no Government ever could.
Quote from: Don Rizzle on May 10, 2006, 03:16:12 AMiraq would just get annexed by iranThat would be a great solution. If Iran and the majority of Iraqi's are pleased with it, then why shouldn't they do it?
iraq would just get annexed by iran
despite what you see in the news capitilism has helped bring countries closer together - to the point there is now less military fueding between countries and more diplomacy. It also helped the world economic growth reach record levels. however that doesn't mean there are not losers in this too, that is the very nature of capitilism - the ownus is on one's self to suceed and those who don't find a market for themselves will fail. As old aliegencies have been lost with the demise of empire, africa for example has become a poorer continent, in their efforts to restore their dignity by taking control of their countries they have allowed laziness, incompetence and curruption to flurish within their governements. the process was too quick - people were now in power who had never been in power before and they didn't know how to use it properly, so whether it was intentional or unintentional they mismanaged things. Now also there have been drawbacks in the west because the benifit of globalisation is the ability to import cheaper product and services, but will have a negative affect on the domestic producers of such products so they may cease trading if they can't find a market for themselves and everyone who works for them will lose their jobs and those companies who supplied them will lose business because their customer no longer exists and so on...
well i can tell you one thing, the middle class will vanish
Quote from: Don Jacob on October 18, 2006, 12:41:51 AMwell i can tell you one thing, the middle class will vanishwrong. capitilism, especially over the last 40 years, has let millions of working class families living on the poverty line move into the middle classes - the primary reason has for this has been better access to education for all and anti descrimination employment laws - free labour market, this stimulates growth and as country grows so does the living standards of the residents of the country. The best example of captilism is Hong Kong (a British creation ) before we got there it was just a rock, it has no natural resources or anything like that but we turned it into a hugely successful economy, based on free markets minimal regislation. Why do you think China, a communist state, has left it pretty much untouched since we gave back in '97....
not necessarily in the classical sense, but the neo liberal globalized capitalism that has slowly consolidated itself over the least 30 years?Tech has been expanding his knowledge into the dry economic shiiit these days, a realm im not too familiar with, and i have alot of questions and concernsThe system in place today is shaky, and in disorder.The West (ie. the Atlantic powers) has basically imposed a new order on the world over the last 10 years that takes the normal "opening new markets, protecting local industries while smashing local producers etc" to a whole nother level, where the free movement of capital has basically been the number one priorityno doubt we see some of the effects in the 3rd world today.im not gettin into any specifcs unless i actually see a decent thread forming. any opinions? new heads, any questions?