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03-19-2009, 02:50 PM #16Senior Member
Someone explain how putting our country $800 billion in the hole will help us.
yes, the bailouts were socialist, as is this idea of universal healthcare im not denying that....any form of government oversight then can be labeled as socialist in nature....thats fine, i said in my first post that in my opinion SOME, albeit very little, government oversight is needed....bailout out companies when the market says they should fail is TOO MUCH oversight and too socialist in my opinion
and your whole idea about "no money" is at its core socialism....because either people will just take as many groceries from the store as they want in which case we will run out, or some form of government as to regulate how many groceries we can take and there you have socialism which has been proven to be unsuccessful in the long run
so yes, let us agree that there is much much grey area here....pure capitalism would basically be the free markets and im not advocating that but im just saying in 97% (just a high number but you get my point) of the circumstances the markets should be allowed to run thier course which includes (in my opinion) that bear stearns, aig, and the american automakers should FAIL
and in response to numbers 3 and 4, im not gonna argue with you much there except to say that those arent problems with capitalism per se, but instead with the people running and/or participating in the system
in a perfect world, everyone in a capitalist economic system would make ethical and sound economic decisions everytime and things would be fine...but there are bad greedy people out there who like to ruin it for everyone else
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