Is Capitalism Good Or Bad?

[Spurtacular]

You guys really buying this AOC / Bernie sh**?

[FrostKing]

Multiculturalism + Capitalism

geneous + Socialism

[Psychopav Chump]

I'm filling in the bubbles; but I won't be pulling the lever. Just so you guys know.

[Blake]

Aw look who's trying to get an economics 101 topic going here. That's just really neat.

[spurraider21]

capitalism being good doesnt in and of itself invalidate those two politicians' ideals

[SpursforSix]

I think it can be good. Unfortunately, the big corps are so powerful that they can get away with unethical practices.

[Spurminator]

Concepts like capitalism and socialism are too broad and complex to be reduced to a binary "good or bad" conversation.

[SpursforSix]

Concepts like capitalism and socialism are too broad and complex to be reduced to a binary "good or bad" conversation.

This is SpursTalk. Pick a side.

[diego]

If free markets could actually exist, capitalism might be perfect, too bad we'll never know

[spurraider21]

as far as i'm aware neither bernie or cortez have advocated for government ownership of all businesses

[Millennial_Messiah]

as far as i'm aware neither bernie or cortez have advocated for government ownership of all businesses

90% tax over a certain amount is pretty close.

[spurraider21]

90% tax over a certain amount is pretty close.

show me where they advocated for a 90% tax and at what amount that was

[Millennial_Messiah]

show me where they advocated for a 90% tax and at what amount that was

I think AOC formally advocated for 70%, but still, it's a slippery slope.

[spurraider21]

I think AOC formally advocated for 70%, but still, it's a slippery slope.

a) so you pulled a strawman out of your ass
b) slippery slope
c) was that a tax on businesses/corporations?

[Will Hunting]

I think AOC formally advocated for 70%, but still, it's a slippery slope.

If it’s a slippery slope then we shouldn’t be taxing income at all, right? Before we know it a 1% tax will lead us to straight up Marxism!

[Millennial_Messiah]

a) so you pulled a strawman out of your ass
b) slippery slope
c) was that a tax on businesses/corporations?

https://jacobinmag.com/2019/01/ocasi...ibution-wealth

Good article from les Jacobins (far left). But I don't get why not tax rich businesses as well?

[spurraider21]

https://jacobinmag.com/2019/01/ocasi...ibution-wealth

Good article from les Jacobins (far left). But I don't get why not tax rich businesses as well?

that article doesn't change anything.

neither ever called for a 90% tax. that was your strawman. you've mentioned a 70% tax proposal (for people making over 10 mil ) which isn't in any bill, one that was made off-hand in an interview, and not one that hits businesses (so you cant say "its basically them taking over businesses!)

[Spurminator]

I hear AOC and Bernie called for white people's homes to be taken from them and given to illegals. Something to that effect. Or maybe it was something completely different. Still, slippery slope!

[ElNono]

Concepts like capitalism and socialism are too broad and complex to be reduced to a binary "good or bad" conversation.

This basically. Neither Capitalism nor Socialism are the only recipe for every economic or social problem. They're really good at some things and really bad at others. Finding what works and in what realms are part of the day to day challenge.

[ElNono]

I voted yes. I think for the issues that it generally addresses, it is very good. It's obviously very bad at addressing other problems where profit-driven motive isn't the goal.

I would also probably vote yes for a "Is Socialism Good Or Bad?" poll, with the same caveats...

[koriwhat]

You guys really buying this AOC / Bernie sh**?

everyone who answers or lurks is on a ing computer so capitalism obviously works. if it didn't then everyone would be watching a gov't official on a computer while standing in line for bread.

[koriwhat]

You guys really buying this AOC / Bernie sh**?

btw, nice dresses & new apartment... plus 3 houses, gov't medcare, etc...

both are ing pathetic trying to act so oppressed while whining and dining on our dime!

[midnightpulp]

It's good, and better than actual socialism where every industry is state owned and run. But capitalism does need fail-safes in certain areas to prevent worker exploitation, wealth inequality, cronyism, and price gouging.

[DMC]

Capitalism is good if I profit from it. Bad if I don't.

[Nbadan]

its easy to make money when you have money.....derps