Is Capitalism Doomed? How to Fix It?

That is what countries like Germany are rooting for in IMF using SDRs.

There is another solution: increase immigration to western countries to increase consumption and tax receipts. Average joe does not understand that immigration can actually be a great thing for a country, particularly already educated immigration--- it is a steal.

 

Want to know what the new face of capitalism will be? Take a look at China.

 

The republican congress caused the specious surplus... not clinton. Clinton would have been a one term liberal loser if he did not move to the right. Dick Morris has explained that dozens of times.

 

Capitalism wont last in a democratic society

Capitalism eventually leads to an imbalance between the rich and the poor.The poor in return will vote for people who who will take from the rich and give to the poor.

The game will play out a little while longer,but as the number of poor grows and the middle class disappears,and it will with minorities soon outnumbering whites,democrats will be the dominate party and put an end to capitalism as we know it

 

The Luddites were right. An agrarian society can just muddle along. An industrial society must continue to expand to keep industry viable.
Similar to a Ponzi scheme.
Expand or fail>

 

If all the fat is trimmed in the G7, there is nothing for low-cost labor in the developing world to do, as there is no point in building things that can't be bought.

 

Corporatism is the main enemy of capitalism.

After decades of mergers and mergers, loose monetary policy, inflation, reckless government spending we are left with multiple cross industries oligopolies.

In order to save capitalism we need to break up monopolies and establish a sound monetary policy.

 

I'm sure that could be debated, but really, who cares?
Does it change the fact that Bush pissed it all away?
Does it change, at all, the very simple fact that once the Reps had both houses and the Presidency, they spent like mad?
And if that's the case, what, exactly, would the Dems gain by trying to cut spending when they have power? So they could hand the Reps another surplus and then watch as they spend it all?
We all know who the real losers are in this. It ain't the politicians.

To repeat, as this is economics we're talking about, at this moment, right now, it's OK to run a deficit. What everyone is concerned about, really, is that when the moment is over, we'll still be running one. And that will be true regardless of which party has its hands on the levers of power.

 

Besides, Clinton NEVER received a majority of the vote. Twice he won with just pluralities.

 

I'm checkin' out.
If I wanted to debate politics, I'd be over there, debating that. Y'all are obsessed.