The Changing Climate of Capitalism in America

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Uploaded by on Mar 24, 2010

Dr. C. Bradley Thompson, the executive director of the The Clemson Institute for the Study of Capitalism in the College of Business and Behavioral Science, talks to Charlotte executives and business professionals about the moral foundations of a capitalist system.

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  • @101Politricks Search Youtube for "Economic Freedom & Quality of Life"

  • @101Politricks I did understand you.

    The US has poor people; Somalia has Poverty.

    The socialist countries you listed are coasting to the same bankruptcy US administrations are aiming for.

    The major upheavals in America's economy were not caused by capitalism, but by interference from two sources: direct intervention by political leaders, & improper interference by judges & politicians favoring certain pseudo-capitalist businessmen (who are described as capitalists but are large scale grafters).

  • @RnBramwell No, I think you did not understand that I was saying that there are millions of people living in poverty (as I described it) here in the US. If you compare the US with countries you can compare it with like Germany, Switzerland, Sweden, Finland, Austria, Norway, Netherlands etc... there is a huge difference. Germany and all those other countries do not have poverty, they have poor people. The US has poverty!

  • @101Politricks @101Politricks Hilarious. You say you are not, and then promptly define poverty in a manner that makes my exact point!

    Every population of millions will have poor people, some utterly homeless.

    You may care about the poor, but you seriously misunderstand its nature, causes and history.

    No point in debating it. Your next comment notwithstanding.

  • @RnBramwell P.s. there is nothing socialist about Cheap Labor, it would be a contradiction of the idea behind it. China especially realized that in order to be succesful in an already industrialized world (1st world) you need to offer cheap labor as a countries highest good! As long as the demand for cheap labor is there! Most of the industry in China is foreign, especially from Europe and the USA!

  • @RnBramwell No im not, poor or poverty to me are people who struggle to afford electricity, water, air conditioners, school supplies, health care, insurance, etc...etc...! In fact the US is one of the very few 1st world countries where a poverty level actually exists. There is no such thing as a lower middle class in any nation that can not afford those things because then they would considered poor. You can not compare this country with 3rd World countries!

  • @101Politricks You are redefining poor for the sake of your argument (The Fallacy of Re-definition). Most poor in America have some sort of home with a TV, a car, & food almost every day. In many nations the lower middle class have no car or TV & food almost every day.

    Cheap labor is the Chinese/Russian socialist way. A US laborer enters into a contract with an employer by mutual agreement. Many use such work as a stepping stone to better things. Calling them sheep is extremely ignorant.

  • @mcnairtenn You claim God exists, it's your job to prove it. No one can prove the non-existence of an arbitrary claim —that is called The Fallacy of Proving a Negative.

    Some other points display the vacuousness of a God Creator:

    The Universe is everything there is, if words are to have meaning. That means, when your God was the only existent, it was still a Universe. But if there was Nothing else, where did God come from? He must have been preceded by & made from Nothing? Worship Nothing!

  • @mcnairtenn You claim God exists, it's your job to prove it. No one can prove the non-existence of an arbitrary claim ─that is called The Fallacy of Proving a Negative.

    Some other questions display the vacuousness of a God Creator:

    The Universe is everything there is, if words are to have meaning. That means, when your God was the only existent, it was still a Universe. But if there was Nothing else, where did God come from? He must have been preceded by & made from Nothing? Worship Nothing!

  • @RnBramwell That is just false, the poor in America are certainly not better off in America than the middle, or upper class, everywhere else in the World. Not sure in what countries you have been or if you know what poverty in America looks like though, however, I have been in enough countries to know what Im talking about. Also, Capitalism relies on sheep, cheap labor is one of capitalisms most important goods!

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