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Name:
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Yankee06
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Subject:
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Newspaper Reporter, Views on Capitalism
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Date:
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12/21/2010 11:00:24 AM
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-i don't know who Lot's writer is. Could be smart person, ...or realtively dumb. Some of his words reflect correct interpretations while others are flawed on facts not just opinions or conclusions.
-Discussions must realize that democracy, republicanism, etc., are political systems. Capitalism, socialism, etc are economic systems. No pure non-science theoretical system ever works out in implementation.No pure system seems to work well other than Plato's benevolent prince.
-So we have to find the right mix. It's clear from teh American experience that pure capitalism didn't work when you had 8 year olds working in coal mines at slave labor rates, etc.,. Gevernment regulations and interventions were necessary. teh Soviet experience makes it clear that too much government intervention leads to total political and economic system ineffectiveness. The trick is finding the right mix of freedom and governemnt, Our constitution over two hundred years has done a pretty good job of that. Hopefully, it will work again and pull us back from this present destructive rush to the left.
-Estate tax. Originally implemented to avoid the growth of a ruling class similar to europe's formed over several generations by receiving weath and weath building institutions/means from one's forebears. Seeems to have worked for us so far. Most American really don't mind taxing the really rich. What they do mind is giving that money to people who work less than they do (..this mindset works at whatever level people are at). The American people would rather see these taxes going for improving general use projects like roads, parks, space, defense, etc.
-What is needed is to keep the ideologues on teh sidelines and margins and let those, who can find the best of all systems, meld them into a truely workable system,
-There is a core failure in the socialist/communist system's main mantra of weath distribution i.e., "From each according to his ability to each according to his need." The failure is "WHO" determines need. History shows that this "WHO" almost always (with the exception of Plato's benevolent prince) turns out to be a group of power hungry revolutionaries who are good at destroying existing social and political organizations but totally inept at building or running effective ones. If we leave the present group of liberals in charge, we'll be able to see this trajedy played out yet again!
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