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DeFox and un-DeFox
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To
29/07/2013 03:03:13
General information
Forum:
Religion
Category:
Other
Miscellaneous
Thread ID:
01579232
Message ID:
01579335
Views:
43
>>>Didn't really answer much did it? Capitalism, although not perfect - is the best system we have. Just take a look at what happened to Russia when they tried to live without it. The problem without it is that people, by nature, always want more. They want to make more and be able to provide more and nicer things to their families. If we all lived in fantasy land like Rick wants I guess all people would suddenly have no desires and no ambition...just be all lovey dovery. Instead you'd just have some unqualified boneheads filling potholes in the middle of the highway incorrectly and killing people as a result.
>>
>>I do not think that what you said is true. There are countless of examples of people doing great things with little or no economic rewards, or people that rejects better income to help others. Sorry but I do not buy he idea that money is the force behind progress or success or whatever you call Capitalism (I will just call it a pyramid scheme, but that is just me :)
>
>Pyramid scheme - stage overgrown!
>At this stage infinite growth theory does work... ahem on the public debt side only. It will last as long as the rest of the world is ready (or forced) to tolerate/suck up those debts one way or another. But how long can all this last ? It could take just one more Lehman style bankruptcy (JP Morgan for instance) to bring world financial system crumbling/crushing down.
>After that there will be no even cakes left to feed French poor.

I do not discount that possibility. The big financial institutions have done a bang-up job of blocking or hobbling meaningful reform, with the help of their lackeys in Congress. They took the world to the brink of financial catastrophe in 2008 and they want to go right back to business as usual. Gotta make those quarterly earnings shine.
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