Keep Calm Abbott is not PM (1 Viewer)

[funkshen]

it won't be long before Australia is the people's democratic republic of islamia

 

[writer'sblock]

"liberty is defined as the power and resources to act to fulfill one's own potential,"

and capitalism enables people to gain this power

communism gives no incentive to work to fulfill your potential

Well no. The currency of power is denominated in money; therefore the more money you have the more power you have.

Capitalism is only one general system, and we've had it since the 1600s. There are different variants of it. from 1900 to 1929 we had a laissez faire capitalist system, from 1930 to 1980 we had a more Keynesian approach to capitalist economics, then from 1981 to the present we've had a neoliberal approach which is slightly different to laissez faire, it's more radical. It reduces taxes to the extent essential services fail, eg policing so people with money thus need to employ private security guards. This sort of economics renders the Westphalian state meaningless as the social contract to take taxes to protect those whom are taxed from foreign powers and domestic forces that would wish to impede their property rights.
Oddly the 1929 crash was caused from the rich, the top 10%, having about 36% of the wealth, today it's about 38%. no wonder there's was the crash in 2008, with all the workers/consumers without monies they had not the ability to demand goods and services, thus the economy collapsed on the lack of effective demand in the capitalist system. Keynesian economics prevented this by progressively taxing and disturbing wealth, providing more jobs, lower inflation and greater productivity. Nevertheless.


I have no idea where you came up with the radical idea of communism. It's a rather large jump to make.

 

[writer'sblock]

Marx just like many other philosophers have critiqued the world.
His main critique of the Primitive accumulation of capital (The Marxist Terminology: internal contradictions of capitalism) has been critiqued early as Adam Smith. It's basically the incentive of the system to accumulate more and more capital, so one group of few people have so much the system collapses, this is what happened in 1929.
Marx predicted capitalism would turn to socialism - the end of the exploitation of the worker - then to communism - a stateless classless social movement. Communism has never been attained, and from my 2 years of political science, i doubt it'll ever get there. when you think of countries that were/are communist they were socialist: the USSR, the United Soviet Socialist Republics. As it turned out most Marx was wrong with his prediction, rather than a socialist then communist revolutions, there was Fascist revolutions in Italy, Germany, Spain, Portugal, Greece, and all over South America as well as the birth of social democracy in the US, Australia, Britain, New Zealand, Sweden, France etc. The New Deal, the Great Society and the Beveridge plan removed the huge gaps in wealth, allowed those countries to have their poor begin to have a larger share of the wealth. fascism collapsed under it's over authoritarian nature, but Social Democracy remained until the 1980s. by then with the most egalitarian society the capitalist world had ever seen with the middle classes commanding the most power, they became disenfranchised with the same economic policies for 35 years. Reagan, Thatcher, and Hawke here began to roll back social democracy, creating greater and greater differences in wealth of those in society.
Ever wondered why cost of living pressures bite? the masses don't have their fair share of the money as they once did.

 

[cosmo kramer]

 

[funkshen]

shit is about to get ugly

hold me cosmo

 

[cosmo kramer]

shaking up the libertarians

 

[Chemical Ali]

i haven't seen rothbard on here for ages

he always writes the funniest shit to people like OP

 

[Blastus]

I'm of the opinion that within the area of the student community forum labelled 'News, Current Affairs & Politics' politics may be an appropriate place for such things. I don't know what you think this section of the forum ought be used for otherwise.
Nevertheless, I'm somewhat bemused that you would in your rejection of my topic for discussion you would purport homophobic terminology, such as 'faggot', accuse others of being mythical creatures, and use the term 'left wing' which doesn't have a specific meaning, it literally means in opposition as it comes from where factions sat at the first parliament of the French Republic, where the aristocracy sat on the right, and the poor and the church sat on the left. On top of that you have made up a term 'socialo' which i presume is a form of socialism as a prefix -you may want to consult of a dictionary - nevertheless, abstract yourself from your political persuasion, and ask as socialism by definition is the 'end of exploitation of workers' as a political idea what is fundamentally ethically wrong with that? Nor do i understand why you have accused me of having said political opinion. And I don't know why you also have issues with Marxism; Marx was just a philosopher, like Hegel, Kant, Schopenhauer or Descartes, why would you be have an affront to someone who has provided a critique with the world, discovered some problems and questioned it.
Now, on your odd idea that the other major parties do not celebrate liberty and wish to extend it, i have this to say: liberty is defined as the power and resources to act to fulfill one's own potential, so deprivation of power and resources from individuals reduces their liberty. There is nothing wrong in policies designed to avoid a poverty trap.
I could continue, however I would not like to speak of anything beyond you - us political science students babble a bit.

oh god one of these fucking niggers

 

[Blastus]

Marx just like many other philosophers have critiqued the world.
His main critique of the Primitive accumulation of capital (The Marxist Terminology: internal contradictions of capitalism) has been critiqued early as Adam Smith. It's basically the incentive of the system to accumulate more and more capital, so one group of few people have so much the system collapses, this is what happened in 1929.
Marx predicted capitalism would turn to socialism - the end of the exploitation of the worker - then to communism - a stateless classless social movement. Communism has never been attained, and from my 2 years of political science, i doubt it'll ever get there. when you think of countries that were/are communist they were socialist: the USSR, the United Soviet Socialist Republics. As it turned out most Marx was wrong with his prediction, rather than a socialist then communist revolutions, there was Fascist revolutions in Italy, Germany, Spain, Portugal, Greece, and all over South America as well as the birth of social democracy in the US, Australia, Britain, New Zealand, Sweden, France etc. The New Deal, the Great Society and the Beveridge plan removed the huge gaps in wealth, allowed those countries to have their poor begin to have a larger share of the wealth. fascism collapsed under it's over authoritarian nature, but Social Democracy remained until the 1980s. by then with the most egalitarian society the capitalist world had ever seen with the middle classes commanding the most power, they became disenfranchised with the same economic policies for 35 years. Reagan, Thatcher, and Hawke here began to roll back social democracy, creating greater and greater differences in wealth of those in society.
Ever wondered why cost of living pressures bite? the masses don't have their fair share of the money as they once did.

Categorically bullshit. Cost of living has gone down managing for inflation year after year as less money buys more things (due to this wonderful thing called the free market)

seriously, Marxism is an unfinished philosophy missing out on one key issue, the economic calculation problem. You cannot centrally manage a society, it just does not function [as we saw with the soviet union].

We still live in a social democratic society as we live in a mixed market society. You have problems with corporatism, as do most people on this forum.

You won't find it openly accepting of marxian barrow-pushing though, and rightly so as we've moved past the idea that one person can speak for others or knows what is best for others. We called that religion and have discarded it accordingly.

 

[Blastus]

Oddly the 1929 crash was caused from the rich, the top 10%, having about 36% of the wealth, today it's about 38%. no wonder there's was the crash in 2008, with all the workers/consumers without monies they had not the ability to demand goods and services, thus the economy collapsed on the lack of effective demand in the capitalist system. Keynesian economics prevented this by progressively taxing and disturbing wealth, providing more jobs, lower inflation and greater productivity. Nevertheless.

You might want to finish more than one semester of economics before you make such blanket statements...

The US crash happened because of corporate collusion with government, something that can only happen with a large-ish state... (Though we've seen the same collusion in the EU, the UK, Ireland, Portugal, Spain etc. Countries that had high levels of corporate collusion with government to socialise their losses and demand bailouts)

Bailouts, you need to keep in mind, are a Keynesian invention (and intervention). Stimulus politics of the past few years in response to the GFC are a Keynesian solution. One that has categorically not worked in any major western country, and in fact in many countries has directly squandered scarce resources to boost demand in sectors of the economy that are unsustainable without direct government intervention. Fantastic concept.

There's an effective demand argument to be made but yours doesn't take into account purchasing power, as anyone ignorant to the basics of the economic situation would.

 

[Jimmy Recard]

bring it cunt

 

[Blastus]

hey writer's block don't bother replying to my posts

I don't have the time anymore to argue with people over the internet.

I disagree with your philosophical positions and the evidence you've used but whatever.

Good luck in your travels, man. May you find peace somewhere.

 

[SylviaB]

um