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Video explains the flaud logic if capitalism


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32 minutes ago, 3rdnlng said:

I see, the government shares its resources with the citizens. Where do those resources come from? How does it affect the Federal Reserve? If the Federal Reserve was part of the government what would it be called?

The resources come from other citizens, society, and hence, socialism 

 

The Fed has no direct role with either, except that they both are parts of the federal government. It is part of the federal government 

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4 minutes ago, westerndecline said:

Ss and medicare are not socialusm

 

Medicare is operating while negotiating with private providers...

....

 

That doesn't mean they're not socialism.  

 

4 minutes ago, westerndecline said:

Actually if energy was free it would wipe out both socialism and capitalism.

 

We would enter a new paradigm

 

Your paradigm is badly flaud.  

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1 hour ago, 3rdnlng said:

You should be embarrassed but for some reason you are not. Wow.

The fact tht u think someone should be embarassed on a mb says somethomg much more about u than me...

1 minute ago, DC Tom said:

 

That doesn't mean they're not socialism.  

 

 

Your paradigm is badly flaud.  

Do u know what socialism is?

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27 minutes ago, westerndecline said:

The fact tht u think someone should be embarassed on a mb says somethomg much more about u than me...

Do u know what socialism is?

So, it's ok to be "flaud" on a message board? The only reason you think so highly of yourself is that you've set the bar so low.

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37 minutes ago, 3rdnlng said:

So, it's ok to be "flaud" on a message board? The only reason you think so highly of yourself is that you've set the bar so low.

Wrong again

 

I think highly of myself because I drink too much you can blame the Buffalo Bills for that and my w**** of a girlfriend using me and cheating on me

58 minutes ago, DC Tom said:

 

Again?

 

Use the search function.  I feel uncompelled to repeat myself for a monkey like yourself.

 

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41 minutes ago, westerndecline said:

Wrong again

 

I think highly of myself because I drink too much you can blame the Buffalo Bills for that and my w**** of a girlfriend using me and cheating on me

 

I can see it now. You have been victimized by so many that you just want to run away in a tiny house on wheels, and live for free.

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12 minutes ago, unbillievable said:

If anyone is interested, the guy gets to the point of the video at 18:43.

 

He managed to ramble on about nonsense for almost nineteen minutes....

...actually, he tries to explain his definition of Socialism and Capitalism. (which seems to be what this thread has devolved into.)

 

 

 

You didn't have to watch it 

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The only thing Capitalism does is create wealth. What makes it great is that it is run by an uncaring, unbiased market; which favors the bold few.

 

So we must use Socialism to move the newly created wealth to the underfunded needy. The problem is that we must depend on people to run it.

 

So the solution is to turn our lives over to SkyNet.

 

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3 hours ago, unbillievable said:

The only thing Capitalism does is create wealth. What makes it great is that it is run by an uncaring, unbiased market; which favors the bold few.

 

So we must use Socialism to move the newly created wealth to the underfunded needy. The problem is that we must depend on people to run it.

 

So the solution is to turn our lives over to SkyNet.

 

Is wealth actually " created" from an economic system or just human ingenuity?

 

I can see where capitalism could be argued to be more conducive towards more wealth creation for potential ideas that can create more efficiency in an economy but is it actually responsible for the actual creation of wealth?

 

Im not sure about tht

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53 minutes ago, westerndecline said:

Is wealth actually " created" from an economic system or just human ingenuity?

 

I can see where capitalism could be argued to be more conducive towards more wealth creation for potential ideas that can create more efficiency in an economy but is it actually responsible for the actual creation of wealth?

 

Im not sure about tht

 

It's created from hammers paid for by labor.

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