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PostPosted: Mon Feb 06, 2012 8:20 pm
  

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And as for greed.. Here is why "greed" and Capitalism is a good thing:

http://www.youtube.com/watch?v=RWsx1X8PV_A


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PostPosted: Tue Feb 07, 2012 7:10 am
  

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Jafo wrote:
The problem with Free Market Capitalism is that it has never really been tried. At best we get crony capitalism. The problem is, meddlers like Heraclitis can't leave it alone, they always try to use to either enrich themselves, or even worse, engineer society. When they get done with all their little experiments supposedly aimed at creating equality, all you have left is some system that people may CALL capitalism, but it is just a well intentioned road to hell.


So now Free Market Capitalism never existed yet earlier you said that America is America because it is the only place where Free Market Capitalism Existed? Which is it?


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PostPosted: Tue Feb 07, 2012 7:11 am
  

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heraclitis wrote:
So now Free Market Capitalism never existed yet earlier you said that America is America because it is the only place where Free Market Capitalism Existed? Which is it?


The CLOSEST it got was pre-FDR. I know it is all or nothing in your world, but reality is much different.


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PostPosted: Tue Feb 07, 2012 7:12 am
  

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Jafo wrote:
And as for greed.. Here is why "greed" and Capitalism is a good thing:

http://www.youtube.com/watch?v=RWsx1X8PV_A


Isn't he confusing greed with the desire to create and be successful? Einstein was not thinking of greed when he conceived relativity.


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PostPosted: Tue Feb 07, 2012 7:13 am
  

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Jafo wrote:
heraclitis wrote:
So now Free Market Capitalism never existed yet earlier you said that America is America because it is the only place where Free Market Capitalism Existed? Which is it?


The CLOSEST it got was pre-FDR. I know it is all or nothing in your world, but reality is much different.


I don't think it is a secret that I question your view of reality!

So the Great Depression is the closest we got to Free Market Capitalism?


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PostPosted: Tue Feb 07, 2012 7:14 am
  

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heraclitis wrote:
Isn't he confusing greed with the desire to create and be successful? Einstein was not thinking of greed when he conceived relativity.


Yes, Nobel prize winning economist Milton Friedman was confused, but Heraclitis is not..


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PostPosted: Tue Feb 07, 2012 7:15 am
  

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heraclitis wrote:
I don't think it is a secret that I question your view of reality!

So the Great Depression is the closest we got to Free Market Capitalism?


The Great Depression was a failure of government, not capitalism. I will turn to Friedman again to dispel your great depression myths:

http://www.youtube.com/watch?v=dgyQsIGLt_w


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PostPosted: Tue Feb 07, 2012 7:16 am
  

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Tell me great historical guru, when did this magical Free Market Economy that ended in the great depression start?


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PostPosted: Tue Feb 07, 2012 7:17 am
  

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heraclitis wrote:
Tell me great historical guru, when did this magical Free Market Economy that ended in the great depression start?


Seeing as how that video is 9 minutes long and you replied in less than that, I am assuming as usual you are not listening to what others are saying again?


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PostPosted: Tue Feb 07, 2012 7:18 am
  

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Jafo wrote:
heraclitis wrote:
I don't think it is a secret that I question your view of reality!

So the Great Depression is the closest we got to Free Market Capitalism?


The Great Depression was a failure of government, not capitalism. I will turn to Friedman again to dispel your great depression myths:

http://www.youtube.com/watch?v=dgyQsIGLt_w


So, just as suddenly there was no free market economy! Wow, that was quick!


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PostPosted: Tue Feb 07, 2012 7:18 am
  

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heraclitis wrote:
So, just as suddenly there was no free market economy! Wow, that was quick!


Are you purposely dense or were you born that way?


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PostPosted: Tue Feb 07, 2012 7:24 am
  

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If I am a healthy 25 year old man, and every day I use my legs to walk to work, and I arrive at work on time every day, I can logically conclude that the system of walking works. Not only do I save money by not spending it on a car, but I improve my health. Now let's say, every day, someone ads a little more weight to my body. Sure I can make it to work, but eventually as the weight gets more and more burdensome, I will not be able to. Using YOUR logic Heraclitis, walking is a failed system.


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PostPosted: Tue Feb 07, 2012 7:31 am
  

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Jafo wrote:
heraclitis wrote:
So, just as suddenly there was no free market economy! Wow, that was quick!


Are you purposely dense or were you born that way?


I am just responding to what you say...one minute the free market is the savior the next minute it did not exist because it was the Federal Reserves fault. Like he says, you got to blame somebody!

Which is it?


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PostPosted: Tue Feb 07, 2012 7:33 am
  

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heraclitis wrote:
I am just responding to what you say...one minute the free market is the savior the next minute it did not exist because it was the Federal Reserves fault. Like he says, you got to blame somebody!

Which is it?


I am saying there was never 100% free market capitalism, what is it about that you don't understand? The closer you are to 100% the better the result. The more you move away, the worse the result. Do I need to dumb it down more or are you all set now?


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PostPosted: Tue Feb 07, 2012 7:33 am
  

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Jafo wrote:
If I am a healthy 25 year old man, and every day I use my legs to walk to work, and I arrive at work on time every day, I can logically conclude that the system of walking works. Not only do I save money by not spending it on a car, but I improve my health. Now let's say, every day, someone ads a little more weight to my body. Sure I can make it to work, but eventually as the weight gets more and more burdensome, I will not be able to. Using YOUR logic Heraclitis, walking is a failed system.


Wow, you better stick to your contradictory statements, oh grasshopper, that was just pathetic!


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