Will Capitalism Survive/Fix This?

Discussion in 'Economics' started by tommo, Dec 5, 2016.

  1. This automation fear is not a reality... I'm sure they said the same thing when the wheel .... capitalism increases the standard of living and puts a downward pressure on price
     
    #11     Dec 5, 2016
  2. Min wage creates unemployment to those who need the employment the most
     
    #12     Dec 5, 2016
    zdreg likes this.
  3. the ideas of capitalism, equality, etc are all flawed because they are man's creations and man is flawed

    no sense in arguing about flawed ideas
     
    #13     Dec 5, 2016
  4. tommo

    tommo

    Nobody is arguing over a flawless system. The aim is to find a way to smooth out the discontent in the world that's been there for the last 6-7 years without resorting to a larger state with less economic freedoms for those that do want to work hard.
     
    #14     Dec 5, 2016
    cdcaveman likes this.
  5. Doesn't make sense.... Why talk about anything at all since it will be flawed
     
    #15     Dec 5, 2016
  6. Wise comment - a man's creation too!
     
    #16     Dec 5, 2016
  7. ktm

    ktm

    If you want to see what gov't interventions - taken to the max - produce, look at Venezuela. If you think capitalism produces inequality, look at socialism.
     
    #17     Dec 5, 2016
    tom2, tommo and cdcaveman like this.
  8. lindq

    lindq

    What planet are you on?
     
    #18     Dec 5, 2016
  9. gkishot

    gkishot

    Capitalism is about equal opportunities not equal wealth or income.
     
    #19     Dec 5, 2016
    cdcaveman likes this.
  10. I'm on the planet Earth and there's no such thing as equality anyway but if you're talking about it on a grading scale capitalism creates the most equal opportunity system of any system
     
    #20     Dec 5, 2016
    tommo and gkishot like this.