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senseinobaka said:
Kasz216 said:

Democratic style economics are good when the economy is good.

 

This is not true. Good economies have a hard time correcting for things like:

-Artificial Increases in the Price of Labor.

-Tampering with Supply and Demand

-Using Public Money to protect markets and corporations

-Increasing Taxes

-Facism

-Using legislation to remove competition

-Revoking private property rights

-etc, etc, etc

 

 

Hes right. Thats just part of the capitalist fantasy. Ofcourse true democratic economics would not enforce global trade agreements etc. Democratic economics is what is starving people in poor countries right now, the cost of grains etc.



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.