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DannyKonopka (November 30, 1999 at 12:00 am)
I take it as a sarcasm ;)
rightnow1212 (November 30, 1999 at 12:00 am)
Profit is mostly created by creating value (for customers, employees shareholders). Wall Street and the debt filled current "American way" is garbage now I agree. Create wealth. Work hard-in an ethical manner-and make lots of money. Government (at the barrel of a gun I might add) takes 40% of everything earned and wastes much of it. Snuggle up to a nice read of "Atlas Shrugged". Capitalism works. What the elite in the USA have done is not only criminal-it is pure stupidity. Shmucks.
9994448343 (November 30, 1999 at 12:00 am)
Excellent......very great....
hongster76 (November 30, 1999 at 12:00 am)
only the rich can afford charity, will u feed ur neighbor's child when yours is starving? in the game of capitalism, to get rich, u have to depend on the rich. when bread is abundance, the rich dont mind the poor feeding off the crumbs, but when resource is scarce, dont expect crumbs. if the rich is charitable, they will buy all the stocks in the stock exchange to keep the market afloat, but you see them in selling frenzy once they think their very financial interests are at risk.
smujismuj (November 30, 1999 at 12:00 am)
What would be better....Transparent Socialism....or increasingly smaller groups of banking interests deciding what's good for everyone?Bill Gates believes in the market...that is his flaw.The market rewards greed, ruthlessness and profit, regardless of how profit is achieved.War is profitable, therefore those who profit from it will do whatever it takes to produce wars.Find someplace to hide, the world as we know it is coming to an end.
Marly61 (November 30, 1999 at 12:00 am)
Standard economic history recognizes that state intervention has played a central role in economic growth. But its impact is underestimated because of too narrow a focus. To mention one major omission, the industrial revolution relied on cheap cotton, mainly from the United States. It was kept cheap and available not by market forces, but by elimination of the indigenous population and slavery.
Marly61 (November 30, 1999 at 12:00 am)
Philososo, but what about reality? All the countries who rejected laissez-faire capitalism are now flurishing. They are all rejecting the structural adjustment programs supported by the Washington Consensus and there economics have turned around and away from the corporate welfare and elitist wealth transfer systems. Such all east asia, Argentina, Standard economic history recognizes that state intervention has played a central role in economic growth.
Marly61 (November 30, 1999 at 12:00 am)
Its funny that Socialism always bails out Capitalism (rich elites); its never the other way around.
Marly61 (November 30, 1999 at 12:00 am)
watch on YOUTUBE: "The Truth about the Wall Street Bailout: How "Free Market Capitalism" Really Works. Nader and Chomsky Explain the Game, a Nanny State to Take Care of the Rich"
linh111189 (November 30, 1999 at 12:00 am)
he is a my best idol! |