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o_O.Q said:
DonFerrari said:

I'm atheist, but you were the one claiming he was socialist.

Caring about the poor, disabled and all else and giving yourself to that cause is called charity not socialism. Socialism is demanding that others do it, and they usually are the biggest hypocrites since they preach it but keep their richness to themselves.

And as far as I remember most of the powerfull, rich and billionaires on the end of ex-URSS had ties to the top brass and were involved in the black market allowed by those top brass to benefit themselves.

And I rather have Bill Gates making 100000x more than me and I still living plenty than have Boris earn 4x more than me and I starve, inequality isn't the real enemy as we both agreed and Chris try to deny.

And you put it very well that without the incentive to excell there is no progress. Capitalism is based not only in excell but also on making what the market needs and attending those demands earn you money, so basically most people that got rich (outside of corruption and crime) were providing value and improvement to the world and deserved their money.

Capitalism in 200 years improved standard of lifes uncomparably more than the 20000 years before it. The king of xix century lived worse than a poor people (that isn't starving) of today.

exactly the peasants that lived under the monarchies of the past (similar in my opinion to what communism really is code for) suffered for centuries with no hope of advancement till the era of the enlightenment came which put emphasis on the importance of the liberty of the individual and independence

 

the ancestors of the people of most of the western nations fought to give the people of western nations the chance to live outside of the oppressive rule of something like communism or feudalism, where people actually have a chance for improvement

 

and now many people for some reason(stupidity presumably) are ready to throw that away and become peasants again... its so bizarre to me that i just can't wrap my head around it

Is the same people that see in Brazil we putting more of our GDP in education than most countries (in percentage) and very lousy returns and say that if we put even more that will miracuously make the system good (also ignores how much corruption and public ineficiency eat of it).

Chris Hu said:
o_O.Q said:

 

" it would be complete free market capitalism with zero rules and regulations that way there is no limit on how much wealth they can accumulate"

 

so people can challenge them through working hard?

and if its free market what is stopping the other individuals in the society from working hard and gaining their own piece of the wealth of the nation?

 

"that way there is no limit on how much wealth they can accumulate"

 

if the elite are the ones running the communist system which inevitably happens why would they limit themselves? does it not occur to you that someone has to be at the head of the communist system? why would that person put limitations on themself?

 

what really happens is that the limitations of the communist system all fall on the regular people of the society and they are used to funnel resources back to the elite, which is the reason for the communist system to start with... its like what happened under the monarchies of the past to the peasants

 

"how much they can screw over people that make a whole lot less then they do."

 

how can they screw over people under a free market where there are no restrictions? can you explain that?

I guess you are  totally clueless when it comes to economics even with restrictiond poor people get screwed over by having to pay higher insterests on loans and other such thinks.  Without any restrictions the rates would be even higher for poor people.

You may be even more clueless to ignore than in a free market if you decide to tag your price too high you are open to people to outdo you and get your customers and that if your price is too high there is less demand.

Also ignorant of the fact that in controlled economies like Brazil the government sets the interest rates and then use poor' money to subside that interest to friend companies of the corrupt government... how much better than the free market right?

Please name one free market that have a higher real interest rate than Brazil.



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