11 results for 'capitalism'
...and media powerbrokers) to artificially spike prices, enrich their own wallets and hold to the Orwellian maxim that “some animals are more equal than others.”
So what do we do about it? Communism and Socialism failed in the nineties, so we cannot go down that road again. And Capitalism, that raises its head the moment any alternative system fails to deliver, is also full of holes like the ones I have described above, providing fabulous wealth to a few at the cost of impoverishing everyone else. And perfect competition is only a utopian dream of a Mr. Adam Smith.
Once upon a time, I lived in a country that was emerging from socialism into capitalism. Locals were highly educated and poorly paid, essential goods were rationed, industry was inefficient, bureaucracy bloated, tourists were awarded a higher rate of exchange, and the black market outperformed the official one.
Times in the old country were historical and hysterical: bullock carts, traffic-less streets, antique vehicles belching noxious black fumes, shared food, material envy, assistance from friends and relatives living abroad who gave a few scraps and achieved hero status.
Do these words sound familiar? “If you like your health insurance plan, you can keep your plan. If you like your Doctor, you can keep your Doctor…period!” Again, sound familiar.
These words were spoken over and over (some 34 times) by our current President in an attempt to derail insurance companies, hide the truth, and lie to and make fools out of the American people in regards to his signature policy. It’s all coming to pass right now, and will give new merit to the old saying, what comes around, goes around when the elections of 2014 and 2016 finally arrive. Then, and only then, can... (more)
... mostly started with nothing more than an idea scratched on a piece of paper. And for a guy the age of Mark Zuckerberg to be worth tens of billions really boggles the mind. But, for those who look at him and those like him as lucky, an enemy to the occupy nation demonstrators, a threat to anti-Capitalism, I say this, “I’ll just bet you wouldn’t mind changing places with him for a day. To have his financial freedom, creative mind, toys, and status in the business world. To run your life on your own terms, have the financial ability to be a lender and not a borrower, help others, and... (more)
It was enlightening to see the cheers and claps at last night's Tea Party Republican presidential debate, when Texas Rep. Ron Paul, suggested that it’s not the government’s responsibility to take care of uninsured people even if on their deathbed.
Loud cheers of "yeah!" followed by laughter could be heard in the Expo Hall, in response to the question if he was saying that society should just let the person die?
And if the person cannot afford the insurance?
In the mind of these people, nothing is more sacred than the right to make money – not even the right for life. Under... (more)
...claim when they stipulate that their narrow minded, mean spirited, shriveled and grasping perspective be the criterion of moral purpose. The audacity of hope is one thing the audacity of hubris quite another.
“The ideal political-economic system is laissez-faire capitalism. It is a system where men deal with one another, not as victims and executioners, nor as masters and slaves, but as traders, by free, voluntary exchange to mutual benefit. It is a system where no man may obtain any values from others by resorting to physical force, and no man may initiate the ... (more)
From an early age, we are taught to think of ourselves as individuals valuable to the society we live in. But have you ever wondered how our modern society values your worth? The following anecdote may shed some light on this question.
A company I once worked for manufactured software-testing tools. It was a startup, and its first application was for testing some mission-critical medical equipment. A malfunction could have meant patient’s life, and as we were very proud of our record of reliability, we decided to expand our business to other fields.
It was pre-credit crisis days,... (more)
Today is Black Friday, but did you know that it is also Buy Nothing Day? A 24-hour moratorium on consumer spending. You might balk and say "that's a stupid idea", but is it really? Look around you. What do you see? Our economy is in some serious trouble. Unemployment is at an all time high, divorce rates are through the roof, obesity is staggering, people are losing their homes, our kids watch more TV and play more video games than ever before and mental illness is rampant. We are constantly on the go. Trying to keep up with our bills, trying to stop the walls from crumbling.
But they... (more)
Currently under construction on Avon Mountain in Connecticut --there are mountains in Connecticut? -- is a house. It is slightly larger than the home built by Bill and Melinda Gates and is only 4,000 square feet smaller than the White House. It boasts a two-story basement containing a 103-seat movie theatre among other amenities. Total square footage: 50,900. It is the largest single-family residence in New England and it is owned by real estate mogul Arnold Chase. America is the land of opportunity. You do the work and you get the rewards. Mr. Chase has done the work and therefore he... (more)
To all the fantastic men and women who daily pour my coffee with unwavering smiles and impeccable grace and pleasantness: you're nice but you can't have my money. I say this not with malice but with genuine consideration. I don't mean to be facetious or ungrateful- I really don't. I intend only to reestablish the true value of a dollar earned and maintain my right to barter my own currency for the product I've purchased from the establishment selling it- for God's sake, I can't tip everybody! It's come to my attention- or more that I've been observing the frequency of the occurrence- that... (more)
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