the way of the world is changing

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  1. Kibalchich's Avatar
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    Re: the way of the world is changing
    (Original post by Aj12)
    No they aren't. In a proper capitalist state the banks would have been allowed to collapse.
    What is a "proper capitalist state"? Please don't say "one in which the banks would have been allowed to collapse."
  2. Aj12's Avatar
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    Re: the way of the world is changing
    (Original post by Kibalchich)
    What is a "proper capitalist state"? Please don't say "one in which the banks would have been allowed to collapse."
    One with very little if any intervention into the private market by the state.
  3. Kibalchich's Avatar
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    Re: the way of the world is changing
    (Original post by Aj12)
    One with very little if any intervention into the private market by the state.
    Ahhhh, a complete ahistorical fantasy then. Thought so.
  4. Aj12's Avatar
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    Re: the way of the world is changing
    (Original post by Kibalchich)
    Ahhhh, a complete ahistorical fantasy then. Thought so.
    Pretty much but it does not change the fact that though the occupy movement claim to be getting screwed by capitalism and bank bailouts those bailouts would not have happened if we were fully capitalist. I'm not really sure why some of the occupy movement actually wants more government intervention and less capitalism when thats what brought them out onto the streets
  5. Kibalchich's Avatar
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    Re: the way of the world is changing
    (Original post by Aj12)
    Pretty much but it does not change the fact that though the occupy movement claim to be getting screwed by capitalism and bank bailouts those bailouts would not have happened if we were fully capitalist. I'm not really sure why some of the occupy movement actually wants more government intervention and less capitalism when thats what brought them out onto the streets
    You have an ideal of "capitalism" that is a fantasy. Capitalism has always required the state, in fact the birth of the nation state and the rise of capitalism as the dominant mode of production go hand in hand. To argue for a capitalism that has never existed and never could exist is...bizarre.
  6. Aj12's Avatar
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    Re: the way of the world is changing
    (Original post by Kibalchich)
    You have an ideal of "capitalism" that is a fantasy. Capitalism has always required the state, in fact the birth of the nation state and the rise of capitalism as the dominant mode of production go hand in hand. To argue for a capitalism that has never existed and never could exist is...bizarre.
    Actually I'm not really arguing for anything merely pointed out that occupy should be taking issue with the government response to the recession and banking crisis rather than yelling and bitching endlessly about capitalism and how its failed.
  7. Kibalchich's Avatar
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    Re: the way of the world is changing
    (Original post by Aj12)
    Actually I'm not really arguing for anything merely pointed out that occupy should be taking issue with the government response to the recession and banking crisis rather than yelling and bitching endlessly about capitalism and how its failed.
    Eh? I've just pointed out that "the government response to the recession and banking crisis" is capitalism.
  8. Drapetomanic's Avatar
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    Re: the way of the world is changing
    (Original post by Aj12)
    Actually I'm not really arguing for anything merely pointed out that occupy should be taking issue with the government response to the recession and banking crisis rather than yelling and bitching endlessly about capitalism and how its failed.
    Economists are reductionist with their thinking. The cause of every crisis is reduced to some external factor(s), driving the market away from equilibrium. Despite the fact that all notions of the 'free market', 'perfect competition', 'Pareto optimality', 'exogenous preferences' ect. are completely empirically unsupported and theoretically defunct. It makes sense for occupy to 'bitch endlessly about capitalism' because capitalism always ends up with inequality and crisis, despite what excuse is given, or what modification is made to the current neoclassical theory.
  9. prog2djent's Avatar
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    Re: the way of the world is changing
    The only reasons you are pointing out these movements or upsrising is because they are televised and you can see them through the internet. Things have always been like this, there have been countless revolutions and coupes across Africa and the Middle east/south Asia, there have always been protests accross western nations, infact, protests have fallen a lot and so have their numbers, the Iraq war protest was the biggest in decades. The occupy movement is tiny and is supported by about 5% of the population, the ideas a little more, but certainly not, or near the half way mark.
  10. IamBeowulf's Avatar
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    Re: the way of the world is changing
    (Original post by Infallible)
    Occupy are a complete joke. All they do is sit on their backside whining about something or other.

    If you want something, do something! Don't just sit down whining.
    Says the person who does it on TSR everyday
  11. getfunky!'s Avatar
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    Re: the way of the world is changing
    There's a storm coming.
  12. goape's Avatar
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    Re: the way of the world is changing
    (Original post by RyanT)
    They were protesting about tax evasion in our bankrupt state and about working class taxpayers money being used to save international businesses from the laws of the market.

    Nothing to do with capitalism.
    They were protesting about tax avoidance, which is standard capitalist behaviour, i.e. they were protesting against capitalists being capitalists.
  13. goape's Avatar
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    Re: the way of the world is changing
    (Original post by Aj12)
    No they aren't. In a proper capitalist state the banks would have been allowed to collapse.
    Perhaps not, but the protestors didn't lobby the Government. They focused their anger on capitalists.
  14. Ferdowsi's Avatar
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    Re: the way of the world is changing
    Clearly the economic system adopted in the 1980s in the UK, USA and so on has failed.
  15. chefdave's Avatar
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    Re: the way of the world is changing
    (Original post by Kibalchich)
    What is a "proper capitalist state"? Please don't say "one in which the banks would have been allowed to collapse."
    You're asking a very difficult question because while "capitalists" in theory support minimal taxation, a small state, private property and free markets, their ideology is embedded with state granted favours and measures that are profoundly anti-free market.

    In my capitalist utopia we'd have a minimal state defending the borders, providing an efficient court system and generally upholding private property but we'd also aggressively protect the sanctity of the free market, so that means no more government favours for anybody.

    Bog standard capitalists are deeply confused.
  16. Kibalchich's Avatar
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    Re: the way of the world is changing
    (Original post by chefdave)
    You're asking a very difficult question because while "capitalists" in theory support minimal taxation, a small state, private property and free markets, their ideology is embedded with state granted favours and measures that are profoundly anti-free market.

    In my capitalist utopia we'd have a minimal state defending the borders, providing an efficient court system and generally upholding private property but we'd also aggressively protect the sanctity of the free market, so that means no more government favours for anybody.

    Bog standard capitalists are deeply confused.
    It was a trick question. You fell for it.
  17. chefdave's Avatar
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    Re: the way of the world is changing
    (Original post by Kibalchich)
    It was a trick question. You fell for it.
    The capitalist state isn't an oxymoron, capitalists universally recognise that a central force is necessary to defend basic property rights. Capitalists aren't anti government, they're anti big, useless and corrupt government. There's a bit of a difference!
  18. Kibalchich's Avatar
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    Re: the way of the world is changing
    (Original post by chefdave)
    The capitalist state isn't an oxymoron, capitalists universally recognise that a central force is necessary to defend basic property rights. Capitalists aren't anti government, they're anti big, useless and corrupt government. There's a bit of a difference!
    No ****, Sherlock. You're on fire tonight.
  19. chefdave's Avatar
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    Re: the way of the world is changing
    (Original post by Kibalchich)
    No ****, Sherlock. You're on fire tonight.
    Do you care to explain how I fell into you cunning trap then?
  20. Infallible's Avatar
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    Re: the way of the world is changing
    (Original post by IamBeowulf)
    Says the person who does it on TSR everyday
    Haha, okay then. You're entitled to your false views.
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