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originally posted in: Is Capitalism a Religion?
1/9/2016 9:48:49 PM
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Free market capitalists want to free the worlds economies because they believe free markets are morally good and socially and economically beneficial. If a religions goals are to turn the earth into god because it'll benefit everyone, then yes capitalism is a religion. So is any system or philosophy though.
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  • Edited by Smarkdow: 1/9/2016 11:17:17 PM
    [quote]...because they believe free markets are morally good and socially and economically beneficial.[/quote]History has shown this to not be the case.

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  • you wanna give some examples or are you just gonna parrot your history teachers whose income depends on a restrictive immoral government?

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  • Edited by Smarkdow: 1/10/2016 12:11:43 AM
    We've tried having a market with relatively few restrictions. It doesn't work out too well for the vast majority of people. Poor wages, long hours, monopolies, poor working conditions, labor strikes being met with violence, etc. There was this thing called the Gilded Age, maybe you've heard of it, where this stuff was quite prevalent and lasted quite a while into the 20th century. Yeah, I'd rather not go back to that era.

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  • the gilded age isn't exactly a good example of a free market. A post war era filled with corporatism and corruption, ex government employees granted special rights, and at that time an unprecedented amount of tariffs, taxes, and subsidies, changes to patent laws that encouraged monopolies, etc.

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  • Edited by Smarkdow: 1/10/2016 12:32:47 AM
    Point is, the "free" market will realistically never exist because it always inevitably turns into cronyism. So, you either have that or you have a market with rules and regulations to prevent the cronyism and abuses from occurring. I much prefer the latter.

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  • Of course free (or relatively free) markets tend to wind up controlled. Power corrupts and absolute power corrupts absolutely. The entropy of the universe tends toward a maximum. And apple seeds tend to grow into apple trees. However to stop a free market from descending into chaos is as easy as stopping a feather from falling to the ground. The only maintenance a free market requires is for some individuals in a society to defend themselves when they're in danger. Also controlled markets are what allow (and legally legitimize) cronyism and abuse

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  • That's exactly why so many people have a problem with the way things are going. At this rate, we have to pull off a revolution every century because of how everyone in power gets ahead of themselves. What's worse? The People begin to think they have power of their own, and overestimate their own value. It's really sad that we cannot have anyone with power without them eventually becoming corrupt.

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  • [quote]However to stop a free market from descending into chaos is as easy as stopping a feather from falling to the ground. The only maintenance a free market requires is for some individuals in a society to defend themselves when they're in danger.[/quote]lol Your free market only exists in your fantasy world. [quote]Also controlled markets are what allow (and legally legitimize) cronyism and abuse[/quote]Sure, but only when those in control are in the pockets of those who stand to benefit the most from cronyism.

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  • [quote][quote]However to stop a free market from descending into chaos is as easy as stopping a feather from falling to the ground. The only maintenance a free market requires is for some individuals in a society to defend themselves when they're in danger.[/quote]lol Your free market only exists in your fantasy world.[/quote] thanks captain obvious for pointing out that a genuine 100% free market does not currently exist on a large scale [quote][quote]Also controlled markets are what allow (and legally legitimize) cronyism and abuse[/quote]Sure, but only when those in control are in the pockets of those who stand to benefit the most from cronyism.[/quote] did you seriously say cronyism only happens when the people in charge of the economy are are connected to the money of individuals. Also anyone can benefit from cronyism so your "cronyism only happens when" statement is completely illegitimate.

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  • Rekt. Nice work.

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