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Capitalism and Socialism, explain please
10 September 2012, 22:19,
#16
RE: Capitalism and Socialism, explain please
(10 September 2012, 22:10)Tibbs735 Wrote: We are not in a capitalist system atm. What we are experiencing is "Crony Capitalism." There are no bailouts in real capitalism, if you go under, others take your place, in a Darwinian fashion.

not sure i really agree mate, in our hyper connected world, a few companies or countries going down drag all the rest with them, therefore its in a well connected companies interest to preserve the other companies it has ties with, even if that means bailing them out for instance theres a core group of hyper connected companies about 1200 of them total that control something like 95% of the wealth of the world, with a further 140 being the main players in this group, if any 1 of those 140 companies crashes the entire economic system would collapse, and thats in no ones interest is it?
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Messages In This Thread
Capitalism and Socialism, explain please - by Barneyboy - 10 September 2012, 19:35
RE: dont understand - by Hrusai - 10 September 2012, 19:58
RE: Capitalism and Socialism, explain please - by Skvez - 11 September 2012, 00:22
RE: Capitalism and Socialism, explain please - by IB1 - 10 September 2012, 21:39
RE: Capitalism and Socialism, explain please - by Hrusai - 10 September 2012, 22:19
RE: Capitalism and Socialism, explain please - by Tigs - 11 September 2012, 11:05
RE: Capitalism and Socialism, explain please - by Skvez - 12 September 2012, 23:05

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