Topic: Capitalism

Capitalism

Capitalism is the greatest thing for mankind ever. I do not say this lightly. Capitalism will raise up the standard of living for even the poorest of poor to levels no one could ever think of. Even weak capitalism such as the United States has, is a blessing beyond any comparison.

Capitalism is often derided, often misunderstood. Capitalism is competition. When you have competition then you see prices drop, production rates increase, quality increase, and new products and services happen.

Capitalism is not the gathering of wealth, it is not the control of the people, Capitalism is the ability to make your mark in the world via providing something better, something faster, something unique, something well placed, something more affordable, or otherwise, to capture your place in the market.
Contrary to some opinions, Capitalism is not a monopoly, and a Government in control of everything is not Capitalistic.

Capitalism brought us electricity, a product we desired. It was born by different means, AC and DC, and these competed. Technologies happened via such greats as Edison and Tesla. There were hundreds investing in their own energy projects, and this spurred growth. Each had their own dreams, own desires and we all benefitted from this competition. This is what Capitalism is about!

Capitalism withers under tight regulation. Regulation is not wise, not smart. Yes there is some things to be said about universal parts and the likes, but in general regulations ruin Capitalism.

The best case for Capitalism can be made using 4 different examples of US Health Care. They are hospitals, Dentists, Eye Glass makers, and Pharmacies. One is super regulated, the others are less to almost not regulated, or their regulations are not onerous.
Hospitals are the most regulated. There is also government payments, but I will get into that elsewhere. Here we will focus on regulations and Capitalism.

Hospitals must have a tech specifically trained for X-rays, they must have x number of nurses, must have certain devices, if they have an ER certain rules apply, doctors must train at certain places, new procedures go through tons of red tape, and insurance companies throw tons of requirements out there to make sure the money is supposedly being spent wisely

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Capitalism

http://www.youtube.com/watch?v=Zk69e1Vcmvg  smile

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

Re: Capitalism

now this is some weird ass comparison... comparing a hospital to a pharmacy, or even a dentist?
1) Have you ever thought about the size difference (the fact that most hospitals have their own pharmacies)?
2) The specialization that has to take place in larger companies ("Hospitals must have a tech specifically trained for X-rays")?

About the eye-glasses:
3) Aren't they, seen from your point of view, very inefficient as well? they could be combined with lens-makers and eye-laser surgeons and ordinary opticians who measure your sight. No need for being specialized, right? Just combine them all, and see if the people don't get over-stressed and get burn-outs, or that there even would be people who could do all those things (with all the required studies).

Please tell me.

BTW I added numbers so it'd be easier for you to respond.

Maar doodslaan deed hij niet, want tussen droom en daad,
Staan wetten in de weg en praktische bezwaren,
En ook weemoedigheid, die niemand kan verklaren,
En die des avonds komt, wanneer men slapen gaat.

Re: Capitalism

I call trolling! Off topic (not capitalism, but Socialism) and not contributing tongue


Just kidding of course...

Can you tell I got my computer on a LAN line for a temp moment?

Trying to fix my wifi now yikes

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Capitalism

Capitalism is basically the idea that I can do whatever I want to make money. If I can get away with it (if it's illegal) then I've done very well so far. If I am caught, oh well, odds are I'll be dead in 10 years anyways, nothing left for me to see.

Or more rather, capitalism is Descartes in economic format. Although, I guess our country is 'democratic', technically, we're a Socialist state with a Capitalist economy.

Personally, I think Flint is just rattling the branches on the tree just for kicks and giggles. First few threads he made had merit, now he's just overdoing it, repeating everything too much. He needs to stop focusing on these things. After all, Flint, were you to be President, would you be making the same decisions? Different? Compromising? Having people thwart you at every turn? You have to remember, the person we vote in usually is given ALL the crap his predecessor left behind and, generally, is unprepared for that, because he's too busy preparing for the crap he wants to do. I think the best presidents are the ones who deal with the crap left behind by their predecessor, THEN go on to forge their own path. FDR combined both of those though. Solving the problems of Hoover, and making his own path. That's why I liked FDR. That and cause he was a drunk big_smile

Perhaps instead of complaining about every little thing Flint, perhaps you should focus on what you can do to improve what is being done, has been done and should be done. And go ahead and create something for that. Then perhaps you can email it to the president! He might listen to you. Or he might have the SS show up at your door and we'll never hear from you again *rolls eyes* But I don't think many people here will cry over that. Sir. Good day.

Insane Lemming of Drama Queens and Other Hyperbolical People

1431 ftw

Re: Capitalism

Obama has done 3 of 4 things Pelosi says is on his first term agenda. How did he not have time?


Answer that, and you self refute your whole post.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Capitalism

People who do not like capitalism are girly men. We should start a collection so that they can all have babysitters and leave us adults alone.

[I wish I could obey forum rules]

Re: Capitalism

once again my post is ignored by mister Einstein....
did you just overlook it?

Maar doodslaan deed hij niet, want tussen droom en daad,
Staan wetten in de weg en praktische bezwaren,
En ook weemoedigheid, die niemand kan verklaren,
En die des avonds komt, wanneer men slapen gaat.

Re: Capitalism

pelosi has a nice plane though

So I told the cop, "No YOU'RE driving under the influence... of being a JERK!"

http://www.youtube.com/watch?v=eFjjO_lhf9c

Re: Capitalism

As I stated in my thread, capitalism has the same goal as socialism, the perfect society, one where there is no poverty and people have what they need and give what they can. Capitalism uses a free market to try and achieve this, whilst socialism uses a community orintated aspect, where the community looks after it self. Both these paths to perfection are as valid as each other, and both are immpossible to achieve because of flaws in human society and our very nature. The question isn't which theory is best, because neither works, it is how do we blend the two paths together to ensure we reach our destination, or as close to as we can...

Also I think you mistake capatilism with innovation. Innovation get us efficincies and new inventions to move us forward. Capatilism is merely a pathway/process to make use of such innovative ideas and to provide an environment to motivate such innovation, however socialism will also provide such motivation, one merely need look at universities to understand this. Whilst there is some competition, it is normally more of an air of co-operation and striving as a community to reach an end goal. In fact the realtionship between industry and university is a good example of how the two paths can work together to achieve more than either could by itself.

"Sticks and stones may break my bones, but i am Jesus"
"Nothing is worse than a fully prepared fool"

Re: Capitalism

> Chickenwingz wrote:

> now this is some weird ass comparison... comparing a hospital to a pharmacy, or even a dentist?
1) Have you ever thought about the size difference (the fact that most hospitals have their own pharmacies)?


The fact is many hospitals are making their own pharmacies into hospital staff use only is telling. That and two advil costs $20 in a hospital


Size is important! Monopolies are large, competitors are smaller. A hospital is paid to stay large, inefficient, and costly. A clinic by doctors (now illegal under Obama) is more cheap and efficient by far.



2) The specialization that has to take place in larger companies ("Hospitals must have a tech specifically trained for X-rays")?


Specialization is a union thing. I knew a shipping business with one man to open and close bay doors. No one else could unless he was not working that day, then it required a manager to do that job. They went bankrupt in late 90's.

Do you require training for your copy machine? Most modern xray devices are less complicated than a 2 side optional, self collating, color capable copier.

At one point the government required operators for elevators. Need help pushing that button?

Specialization of trivial, or near trivial work is WASTE!




About the eye-glasses:
3) Aren't they, seen from your point of view, very inefficient as well? they could be combined with lens-makers and eye-laser surgeons and ordinary opticians who measure your sight. No need for being specialized, right? Just combine them all, and see if the people don't get over-stressed and get burn-outs, or that there even would be people who could do all those things (with all the required studies).


Regarding this, making lenses is mechanical work now, no education is needed. Training all to higher standards would be a waste. In this the free market has made survival of the fittest truly work. The main demand is not on surgery, but on lenses and detection.



Sorry for late respond.
I did indeed did not see your post as I posted same time I think, and went on to other threads.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

12 (edited by Chickenwingz 01-May-2010 23:37:49)

Re: Capitalism

hmm alright, thanks for the response tongue.

1) How is a hospital like a monopoly, when there are several hospitals you can choose from? Or are you assigned to one hospital without the option of going to another?


2) When you're a doctor, you're normally specialized in one area, whether it is neurology, oncology or whatever. All these specializations require a lot of education and training. If one doctor were to specialize in all areas, that'd take him his entire life (well almost). Well suppose they could choose for an all-around-but-all-not-good approach (some kind of rainbow-specialization). This would probably lower the quality by a lot. So specialization is not always something bad, as long as it has a purpose.

3) I'll give you this one. Becoming an optician requires studies, but if making lenses is so mechanical, then we could probably save a lot on those jobs by just making some factories which can be operated by relatively few, right?

But, in most cases, capitalism leads to fewer options to chose from, as the competiveness normally kills off the smaller companies who can't keep their prices low enough (like has happened to supermarkets here in the Netherlands).

EDIT: Spelling wink

Maar doodslaan deed hij niet, want tussen droom en daad,
Staan wetten in de weg en praktische bezwaren,
En ook weemoedigheid, die niemand kan verklaren,
En die des avonds komt, wanneer men slapen gaat.

Re: Capitalism

Chicken,

Just so you know, a lot of the smaller companies are killed off because the government gave a company a competitive advantage in a so called "capitalist" country.

Re: Capitalism

Capitalism has the "goal" of producing a perfect society, You_Fool? I thought it had a purpose: To keep crazy people like you, who think capitalism and socialism have the same goal, who think that we need some blended socialist society to be successful, from interfering with my not-crazy life. tongue

You can claim that socialism provides as much motivation and thus produces as much innovation as capitalism. Just like you can say that man can fly like a bird. (He can't.)

Irresponsible and unrestrained government has been increasing the cost of living ridiculously (lowering the standard of living) for generations in America, making us look [relative to what we could look] bad, making capitalism look bad. Regulatory agencies have been strangling competition, further increasing costs and stifling innovation.

[I wish I could obey forum rules]

Re: Capitalism

survival of the fittest bitches!  Darwin FTW

So I told the cop, "No YOU'RE driving under the influence... of being a JERK!"

http://www.youtube.com/watch?v=eFjjO_lhf9c

Re: Capitalism

> V.Kemp wrote:

> Capitalism has the "goal" of producing a perfect society, You_Fool? I thought it had a purpose: To keep crazy people like you, who think capitalism and socialism have the same goal, who think that we need some blended socialist society to be successful, from interfering with my not-crazy life. tongue


So there's no ideological justification for capitalism beyond "keep you out of my pocket?"  Sounds kind of small-minded...

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

17 (edited by Gambitt 02-May-2010 01:26:13)

Re: Capitalism

charlie always said the more you share the more the sun will shine

So I told the cop, "No YOU'RE driving under the influence... of being a JERK!"

http://www.youtube.com/watch?v=eFjjO_lhf9c

Re: Capitalism

first person to get the reference without googling gets a free social security disability income case

So I told the cop, "No YOU'RE driving under the influence... of being a JERK!"

http://www.youtube.com/watch?v=eFjjO_lhf9c

Re: Capitalism

There's loads more, Mr. Zarf BeebleBrix, but no more justification for freedom is necessary. God made us free. Justify taking that away. You can't.

As it turns out, freedom is good for everyone. Who knew. Lies are the basis of arguments for pro-slavery, pro-socialism.

[I wish I could obey forum rules]

Re: Capitalism

If that's the case, then you still need to address You_Fool.

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

Re: Capitalism

freedom is good for everyone? what are you mad?  What if a koala bear took an AK-47 and started letting loose into a crowd of innocent penguins?  I don't want that blood on my hands....

So I told the cop, "No YOU'RE driving under the influence... of being a JERK!"

http://www.youtube.com/watch?v=eFjjO_lhf9c

Re: Capitalism

Huh?

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

Re: Capitalism

exactly

So I told the cop, "No YOU'RE driving under the influence... of being a JERK!"

http://www.youtube.com/watch?v=eFjjO_lhf9c

Re: Capitalism

First to adress hospital sizes and doctor specialties.

Then to address European stores.



Yes there are specialties. I will not let a car mechanic tear into my semi truck because it will take him longer, chances are he will make a mistake, even though hre is a mechanic and in theory his skills can carry over.

A good example yes?

But if it is a simple tire change and he has the required tools... sure thing, anyone can change them if they at least have done so proffessionally regardless of vehicle.

Same with oil changes, headlights, and maybe even replacing my filters (I think I have 4, tired right now so I plead fatigue)

I won't trust him to fix a valve, or even take the valve cover off however.


But this is not about the skills of the doctors, it's about everyone else in that hospital.

Right now the Government pays >50% of the bill, and instead of on a case by case if your a doctor at all, they pay big hospitals based upon total cases. This stifles new hospitals, and grows old ones who then do not need to innovate, reduce wasteful spending, or improve services in the face of bigger competition.



Now about Stores/Supermarkets.

They say walmart has a hard time plascing stores in some communities. Yet it is one of the largest, if not the largest chain store in the world despite this.

Low wages is commonly quoted, but they pay better than most equivalent stores.

The true secret of their success is they own their own middle man level. They have giant warehouses which service dozens of stores each (I deliver to them a lot). They get their product from shippers direct and can plan for oversupply on durable goods.

A small chain cannot do that alone, and their costs are higher.

But smaller stores usually have better locations, better service, and the likes.

This is a trade off of course.

Now it is possible to compete vs Walmart, but you have to have size or a good plan.

However tax payer subsidized costs will only benefit the big guys. Like healthcare. Walmart stands to profit heavily because they never had it, but had pressure to have it, growing pressure. Now they can laugh to the bank, while smaller companies slow their growth due to hogher taxes.

Walmarts already large you see. If they close 3 stores a year they won't dispear in our life times. If a small chain closes 1 store a decade we may lose lots.

Walmart, and other big stores, can accept less profit but often smaller companies cannot.

If margins per store is 2%, and you need 20 stores to pay for administration costs, reducing margins to 1.5% hurts, maybe even fataly so, while walmart shrugs.

Reducing taxes hurts big companies the most, since more people can try to compete then. Walmart in socialism lasts forevere, walmart in capitalism can die in 5 years with no one upset (except their owners)

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Capitalism

"God did it." Kemp, that is the last refuge of a man with no argument. Empirically demonstrate it, or you don't have anything.