Other than the flawed logic of your democratically organised economy, there is empirical evidence which incontrovertibly demonstrates that this idea fails severely in the practice and leads to starvation on massive scale.
For your "surplus value" or what the "retail value minus wage" is, you left out most of the remainder: raw materials, taxes, land, machines, insurance, misc, & so much more.
Profits average less than 7%, rather than the 85% that you said.
What makes you think that pro free enterprise people have read about socailsm?
Your understanding of economics is obviously very limted.
It seems like your narrow view is just my Marxist material.
The media to be better? It has gotten better! Because of capitalism, new media outlets have been created(youtube, podcasts, skype, blog tv, etc.) that give people an opportunity to voice their opinion on a wide array of issues that would have other wise have been ignored in mainstream media.All out of a desire for PROFITS! Now mainstream media has gotten increasingly bad, but thats because the FCC has a hand in heavily regulating the cable industry.
rubbleofempires, did you view the "Response to Marxist's Challenge of Capitalism" response to yours? I'd very much like to see a response to his, addressing his points as he does with this vid. Nice debate?
Capitalism is democratic. When you spend money, you are voting for that product and if you buy it even though the price goes up, you're voting for that producer to make more of it. When you don't buy it even though the price goes down, you're voting for that producer to make less of it.
If I said I was going to have a "democratic" government where some people had millions of votes and other people had virtually no votes and the votes they did have, they needed to give to people (who already had more votes than them) in order to survive, how democratic would you think my government was?
Lmao at "democratically decide." 51% of Americans would probably vote for sacks of money to be handed out at local DMV's. Does that make it the best option for society?
I especially like the fact that you go on a tirade at the end about people who don't understand socialism, when you so clearly don't understand capitalism. What you fail to realize is that there's no profit in producing something the community doesn't need...those shoe companies would raise wages by competing for employees.
Other than the flawed logic of your democratically organised economy, there is empirical evidence which incontrovertibly demonstrates that this idea fails severely in the practice and leads to starvation on massive scale.
braaitongs 9 months ago
For your "surplus value" or what the "retail value minus wage" is, you left out most of the remainder: raw materials, taxes, land, machines, insurance, misc, & so much more.
Profits average less than 7%, rather than the 85% that you said.
What makes you think that pro free enterprise people have read about socailsm?
Your understanding of economics is obviously very limted.
It seems like your narrow view is just my Marxist material.
try these
fee org
mises org
capmag com
Scottit 1 year ago
The media to be better? It has gotten better! Because of capitalism, new media outlets have been created(youtube, podcasts, skype, blog tv, etc.) that give people an opportunity to voice their opinion on a wide array of issues that would have other wise have been ignored in mainstream media.All out of a desire for PROFITS! Now mainstream media has gotten increasingly bad, but thats because the FCC has a hand in heavily regulating the cable industry.
Pentazoid111 1 year ago
rubbleofempires, did you view the "Response to Marxist's Challenge of Capitalism" response to yours? I'd very much like to see a response to his, addressing his points as he does with this vid. Nice debate?
jenaeh 1 year ago
dude, did you work for walmart or BJ's?!?
iamundergrace 1 year ago
Capitalism is democratic. When you spend money, you are voting for that product and if you buy it even though the price goes up, you're voting for that producer to make more of it. When you don't buy it even though the price goes down, you're voting for that producer to make less of it.
plhofmei 2 years ago
If I said I was going to have a "democratic" government where some people had millions of votes and other people had virtually no votes and the votes they did have, they needed to give to people (who already had more votes than them) in order to survive, how democratic would you think my government was?
rubbleofempires 2 years ago 2
Lmao at "democratically decide." 51% of Americans would probably vote for sacks of money to be handed out at local DMV's. Does that make it the best option for society?
I especially like the fact that you go on a tirade at the end about people who don't understand socialism, when you so clearly don't understand capitalism. What you fail to realize is that there's no profit in producing something the community doesn't need...those shoe companies would raise wages by competing for employees.
divegator 2 years ago
Nice vid. No way I could have compacted that all into less than 10 minutes!
marcelthemaoist 2 years ago
yawn . . . free market yawn yawn yawn
MarxBakuninMe 2 years ago