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Originally Posted by Derwood
In a "free" capitalist system (i.e. completely unregulated), those with the money will dominate the system. Thus, the "average guy" will generally get the shaft
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I have been giving examples of the "average guy" getting the shaft under liberal style capitalism, mostly through unintended consequences.
In a market the assumption is that participants have something of value to bring to the market. I do agree that as a society we have a moral obligation to those unable to take care of themselves, i.e. children, disabled, elderly and a safety net for people in transitional need. If you have followed my posts, you will find I have been consistent. I agree that there is no true "free" capitalist system. All markets have some form of regulation, even if it is self-imposed by the participants, and I think markets need some regulation to function properly. In that regard you could say I am not a "purest".
---------- Post added at 05:23 PM ---------- Previous post was at 05:18 PM ----------
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Originally Posted by ratbastid
Studying the bible never gets boring for some people either. Doesn't mean their faith is based in facts.
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Nor is worship at the alter of Obama.
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Not that I'm knocking faith--faith as faith is possibly the most powerful force in all of humanity. But when you confuse faith with facts, you've got trouble.
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I gave some very specific examples and arguments supporting my view, but your response is a broad meaningless generalization.
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You have faith in the free market.
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This is like saying I have faith in the laws of physics or math??? I don't get your point.
---------- Post added at 05:27 PM ---------- Previous post was at 05:23 PM ----------
Quote:
Originally Posted by Derwood
how can someone not be intimidated by the risk of, say, trying to start up a small appliance store when Best Buy is a mile down the road?
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Adding value to the consumer. Best Buy has competition. I don't buy everything that Best Buy sells at Best Buy, do you? I don't always buy the lowest price, do you? Occasionally I put a big premium on service, relationships, expertise, convenience, choice, etc., don't you?.