Same people who say we are a democracy
Because most people do not understand even basic economics. They've heard the words "supply" and "demand" and think they are experts.
On top of the examples you listed, the money that we use itself is manipulated in both quantity (through both the Federal Reserve's direct monetary expansion and the commercial banks' secondary fractional reserve lending), and in the rate of interest that the market charges to borrow money.
Additionally, there is a much larger off-shore market of US dollar derivatives, called the Eurodollar system, created by international banking institutions as the Bretton Woods system was collapsing, and it is completely outside of the control of the Federal Reserve.
No one knows anything about this really, but people who know nothing have very strong opinions about things that they could learn about online easily if they wanted to. But they don't even try. Yet they will still talk as if they were experts.
People are garbage.
Every industry in the US that isn't outright literally communist ie schools, roads, police, fire etc, Then are made into monopolies / oligopolies. And the industries that can't be turned into monopolies / oligopolies are just taxed the shit out of and regulated as much as they can to slow them down.
Then the tax money is funneled back into VCs etc so they can decide which new companies get a chance to start in the US and get preownership, or the tax money is funneled to the monopoly / oligopoly corps through stock market "investments" often in the form of "state pension investments" or grants, "corporate welfare" etc.
Also ownership? House ownership? You don't own anything that has a standing tax on it. You're renting it. At best you "bought" the privilege to modify it. But even then you have to ask permission. The reason being obvious. You don't own it.
Capitalism to me just means property rights and economic freedom, neither have we had in the west in more than 100 years.
We've not been a 'capitalist' economy since 1913, we've been off the gold standard since 1973, i dont know why you are so fucking surprised we are in the fucking shit we are in at this point in time. It is truly remarkable they have been able to keep the shit show going for so long, to be honest, im sure they thought the 1987 crash would do but, nope. Im sure they thought the Y2K shit was going to burst the bubble but it didnt and neither did the 2008 housing crisis and the covid shit with spending 8 trilling in 18 months. Its going to be the Weimar Republic all over again, its the jews revenge for the word camps and having a few die 80 years ago. Fuck them. all of them
Why do people believe the chinese economy is communist instead of some hybrid that grew out of it?
Whenever I see a chinese movie, I swear culturally they look like a copy model of US culture however the people and intellect are over all MUCH more intelligent, and there are never / no mentions of / absence of guns and a few other things.
China to me, looks like they actually modeled themselves culturally off of the US as an example of the perfect slave culture.
We pretty much have a centrally-planned financialized economy at this point.
I think of the economy now like it's Reddit. That awful place used to be a haven for nerds. At one time maybe 10,000 nerds were on there. Having the top post was mostly just some nerdy satisfaction. Then the site grew to where the a million people would see the top post on the main page. So then it was a very lucrative thing that companies and those with agendas could not simply leave alone. The allure of having so many people see what was there became too great. This lead to things becoming manipulated for profit and for narrative control.
So if you had a tribe trading food, clothing, and other goods, you have a nice capitalist system. Then when it grows to where millions and even billions of dollars are on the line, things are way to lucrative to leave things alone. Ultimately, these companies are supposed to be regulated by government, but they end up buying off government to work in their favor instead. There's also a problem with things becoming too big to compete with. It would be almost impossible to start an automobile company now without millions and millions of dollars already. Even then, the cars they put out would most likely end up being crap that keeps breaking. The first impression might be nice, but I'm sure the cars would develop horrible reputations.
By the actual definition of it (before they changed it in the dictionary over the last 5-10 years), we’re actually under a mixture of a fascist economy and socialist economy right now…
Yeah, that’s right. Actual fascism is an economic model and has nothing to do with authoritarianism or even “right wing” shit.
were under Fascist economy
Down vote for putting jewish propaganda.
It’s not Jewish propaganda, but I can’t say I’m surprised that a moronic fuckwad like you calls anything he doesn’t like such a thing.
Perhaps it could be argued that the current system has no fascist attributes, but as I remember the definition, it seems to me it does. Namely, a sort of collusion between private enterprise (big business) and government…which (in our case) has resulted in a sort of cronyism/oligarchy..which is exactly what we have right now.
That’s not to say that a fascist economic system necessarily has the oligarchy/cronyism component (which is obviously bad).. frankly, it’s just a risk of non-communist economic systems in general from what I can tell, and there should be protections against it...but communism still has its version of the same thing where the “top dogs” are leaders of the party, shit on the general population, and have certain advantages that they hold with an iron fist.
What’s not really debatable and easily provable (or was easier provable before they started bastardizing the language) is that fascism is an economic system that marries government and privately owned industry..which isn’t to say it’s inherently good or bad. It’s just to define it as it used to be defined before the cultural marxists apparently took over webster’s dictionary and started injecting ridiculous bullshit into it. Basically, they added a bunch of stuff like “racism” and “authoritarianism” to the definition, as if such attributes are unique to fascism when we all know they aren’t…and then they pretend that there is no defining economic system to fascism when that’s precisely what it is: a unique economic system.
So, if anything I’m calling out the average person’s adoption of “jewish propaganda” as it pertains to the definition of fascism…since so many have blindly adopted their language bastardization of the term just like they have done with so many others..
In any case, it’d be a lot cooler that you disagree in some sort of educated fashion and debate the nuances of your side of an argument than just refuse to discuss/debate like a fucking communist liberal…but then, as everyone on Poal has witnessed, you are exactly what you claim to hate and you consistently operate just like the enemy does in practice (RE: “oy vey shut it down).. that’s YOU. Jackass.
Als, everything is propped up through tax breaks and subsidies. Capitalism hasn't existed in USA for 100 years.
It's funny we're supposedly capitalist but I cannot allocate capital to you.
Really. It's illegal.
You have to be an "accredited investor" to invest in a start up. Meaning you have to have one million dollars. That's it. No test or classes or anything. You literally just have to be rich.
In form and function that is a Title of Nobility (FYI, the Constitution explicitly forbids titles of nobility). Instead of the King granting a monopoly on a river crossing or a hunting ground to some noble like in ye olden times, the new nobles have a monopoly on allocating capital to new companies.
Capitalism is basically illegal unless you're already part of the club.
They say it's to "protect retail investors" yet its legal to blow everything you have on Lotto tickets and casinos.
It's all about protecting the ruling class and their mediocre heirs that we'd quickly overtake given a level playing field.
So yeah I don't know what to call it. Fascism or neo feudalism or crony Capitalism or whatever.
But you can't outlaw Capitalism for 99% of people and say it's a capitalist society.
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