Capitalism Debate Part 2

This debate entitled "The Kingdom of God and Capitalism" took place at the White Hart Cafe in Lynchburg VA in October of 2011. It was arranged by ReligiticsForum. There were two views represented: Pro-capitalism and Anti-capitalism, both from a Christian/moral perspective. The capitalist and the anti-capitalist each had 35 minutes to present their main argument, after which they had a brief rebuttal to each other's presentation, then the floor was opened for audience questions. The video tape ran out towards the end of the second presentation.

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[excommunicatio]

God, you sound like some sniveling school boy who has just come back fresh from a utopic Capitalism course and is giving his impressionable mates an introduction to it. What a crack of shit! You obviously only experienced the 'benefits of capitalism' second hand, in theory, and haven't got a slightest clue what capitalism in the real world looks like and are obtuse to the far-reaching consequences it has on every day people through the misuse of each principle you laid out. Do your research.

[CTKLG]

@slobbybobby83 I think The Failure is an expectation of a static condition.

Neanderthal had this issue:- Although stronger & better suited physically for the environment & demonstrably quite genetically different from Cro-Magnum (I know, you're going to say that Cro-magnum & Neanderthals lived at different times but I'd respectfully disagree) they failed to thrive & survive because of an inability to adapt.

ATM's put people out of work But only those who refused to adapt, re-educate & re-tool.

[azulojos228]

@slobbybobby83 Your false assumption is static wealth and static jobs, those who where once factory workers might now work in the service industry or invest time in research. A productive person with idle time will find something to do and the diversity of our population ensures there is always a best fit for every job and through competition each person is compelled to find their best fit allowing wealth to grow more efficiently and quickly thereby making everyones life better.

[azulojos228]

@slobbybobby83 what you are talking about is wealth creation. When you think about the things you have in your house, if you are honest you will acknowledge that given an entire lifetime you could never build from scratch everything you have in your home, however if you are a farmer lets say and benefit from a tractor you can produce enough food to feed thousands of people who would each in trade give you some of whatever they produce whether televisions cars or clothes.

[slobbybobby83]

Efficiency = fewer jobs. Build a machine to do the work of ten workers, and ten workers are out of work. A company finds a way to get or make their goods cheaper and instead of passing the savings on, they make billions per year and cut American jobs or simply outsource to China, India, Mexico, etc.while keeping the same prices for the average American. That is where it fails us. If anyone can prove that this has never, will never, and is not currently happening THEN you can say I am wrong.

[squarecracker]

So true. Most leftist are so because they believe this system is Capitalism. THIS IS NOT CAPITALISM. THERE HAS NEVER BEEN A FREE MARKET. Read about Stiglitz, considered by many to be the greatest living economist. Babylon system is crumbling.

[mortalisk]

The invisible hand, as I see it, is in fact the very visible hand of people who say; "you cannot get you hands on my stuff without giving me something I value more in return!"

When this is the principle most people live by, then I find it not so surprising that you tend to get lost of people running about trying very hard to make stuff that makes other peoples lives better.

[littlekrueger121]

I only watched this video, but I'm impressed. Good work!