Quote:
Originally Posted by The_Dunedan
Yes. If he were a Capitalist, he would employ Capitalist methods.
|
I'm not sure you understand. If Obama didn't believe in capitalism, you'd have seen far more "change" than what you've already seen. Not believing in capitalism means not believing wealth belongs in the hands of individuals. He wouldn't be so keen on personally selling books he's authored and investing in bonds and securities.
Quote:
|
Which proves nothing except that "virtually every economy on the planet" is operating from the same baseline of barely-functional immorality; some simply happen to be slightly "less bad" than others.
|
How does tempering one's economy to ensure citizens aren't taken advantage of, harmed, or otherwise mistreated by market forces come off as being a barely functional immorality? America has the wealthiest economy in human history. If it weren't officially a mixed economy, as it had definitely become in the 20th century, I doubt it would have achieved what it has achieved over the past 100 years. Certainly better than what the amorality of laissez-faire would have achieved.
Quote:
|
"Healthiest patient in the Ebola Ward" is hardly something to aspire to.
|
I don't know what you're talking about. A mixed economy has far-reaching stabilizing factors that work to prevent the unrest or destabilization that would happen otherwise. One merely has to look at 19th century America to realize how important socialist aspects of our economies are to the wider public.
Quote:
|
You're two-thirds right here. There is not now, nor has their ever been, a lassaize faire economy. Whether or not one will exist in the future is yet to be seen.
|
A purely capitalist or lassiez-faire economy is about as feasible as a purely communist economy, and we all know how attempts at those fared.
Quote:
Originally Posted by Charlatan
Are you really saying Social Democracies such as Sweden and Canada are barely functional and immoral? Wow. Your world view comes off as very blinkered.
|
Oh hey! Canada's banking system is SOCIALIST! It's a
DISASTER!
Bank Profits 2008: How the "Big Six" churned out record earnings
Quote:
|
A laissez faire economy, in my opinion, would be an unmitigated disaster.
|
It almost was. (Read: 19th-century America.)