Problems with Pure Capitalism:

Poor to poorer, the Rich get Richer 

What happens is once you get poor your childern cant afford an education, and they enter the circle of damanation, moving into crime and poverty like there parents. And since you can hit rock bottom in your idea of pure non supportive government faster, what you would get is poor people getting trapped into being poor, they cant get an education to get higher wagers or better jobs and they are left with the low end very low paid jobs . That creates an even worst situation. 

The biggest Problem in the US right now is that Education is not free for all and University cant be accessed by all (because they cant afford it), that results higher crime levels and rising numbers in street gangs. 

I live in an Capitalist-Socialist society here in Australia. And its great 

the fact is right now i have been given an HEC loan from the governement to pay for my education which i pay back when i start earning an certain amount of money so i can pay it back and its also low interest. this means that anyone can go to uni and get an education even the poorest of kids and adults. 

Also if i am to drop sick, No american situation of i cant afford it so no treatment for me. Universal free health care the thing thats got me stumped on why americans dont want (problerly because the objectors are so stupid from cant affording education to know any better). Sure Private hosipitals are better but at least i can go to hosipital and not depend on health care insurance. 

Communism greatest factor is that everyone has an job and an home, gets paid and gets feed and treated no matter who you are. Capitism greatest factor is that you can own you own business and anyone can strick it rich and live the luxuaries from such sucess, and also owning your own home. 

Now thats what we need. We have something like that but our governments waste our money like on an smart card public transport ticketing system worth 2 billion dollars(on city of 4 million btw) that  doesn't even work. yea nice job guys. 

In UK government should definitely crack on those who have been bumming off the state and working illegaly for decades now, there are families BORN into this life, that's all they do, just live on benefits all their life doing bugger all. Does it make me angry? Very. But not to the point where I'd want that "pure capitalism" of yours. With your pure capitalism, those in the lower bounds that want to make it in the big world rather than scrooge off benefits like their parents are unable to do so, due to high school fees etc, which will be a result of private ownership, the poor will get screwed over with barely any chances of making it "big" in the world I guess. What it comes down to I guess, is until you get screwed over by life and will need benefits to survive you won't really appreciate the welfare system that the government has in place. I personally appreciate the welfare system, without even being screwed by life as of yet *touch wood* but I still think it could be better managed and a benefit check could be put in place but looking at it from the governments perspective it's easier to just pay the benefits rather than hire people to investigate whether they are essential or not.

Europeans and Americans can not possibly compete with slave labour workers in India, China and Africa and Asians paid around $5 to $10 per day to do the same jobs they are paid $50 to $100 per day. 

Universal wage is coming for a free labour market that can be exploited by multinational totalitarian corporations. Age of totalitarianism for the 21st century the majority are ruled by the corporate terrorists.

Master slave society is coming back! Super rich master elite minority and super poor slave majority. Democracy and capitalism-socialism mixed economy will be replaced with Extreme Capitalism for the rich and Communism for the poor under the same tent. 

Capitalism? Yay. Working and creativity brings reqard, I like it.

Pure captalism? ...... not sure if serious.

Wait..... 

"Fair and balanced  just like Fox News!!!"

o_O

Totalitarian Communist/Extreme Capitalist regime like China without democracy. An evil nation like China without human rights and workers rights has overtaken democratic Japan as being an economic super power. There is no justice at all in the modern world. Totalitarian regime like China proves that democracy is dead.

When China becomes the biggest economic super power in the world. God help us all. 

A common word for Extreme/Pure Capirtalism is Fascism. During the 1930s and 1940s Europe was commonly run by a Fascist or a Communist regime. The Great Depression lead to extremist political ideologies taking over. Both Fascism and Communism are forms of oppressive dictatorships.

Fascists believe in:

That power and wealth are sufficient for greatness, ethics are unimportant;

That war can be good;

That governments can limit freedom of speech and the press when they choose;

That people can be locked up indefinitely without trial if that is convenient to government;

That the only value of the environment is that wealth can be got from it (climate change can be ignored for high profits in the short term).

You sound like a troll to me.

Capitalism and communism are just labels. These are fictional names, they do not work for any purpose. You can't say that X is capitalism and Y is communism because there are so many factors in how a society develops that just stamping a label saying "This is communism" is ridiculous at best.

There are many good things that can be taken from either system (I say system in an ideological/theorical way), and governments should just do what works in an objective way.

Hm, Anarcho-Capitalism seems to be the only form of a economy that when left undisturbed from it's ideals worked. To put that a different way: pure-socialism failed on it's own merits, democracy as to the continious modification of capitalism thus pure capitalism doesn't exist and instead we have a Keynesian mixed capitalism... at least in America. All this while Anarcho-Capitalism took military or policing to see it's end.

There is always a fear factor though, the anti-Pure Capitalism camp will point to serfdom or worse yet slavery as examples of why Capitalism fails.

The anti-Socialism camp will point to centralizing power and a stripping of rights or a shifting of democratic like rights the consumer may have had in a capitalism.

Did the new deal work? No it didn't and Kasz went a bit overboard on claiming schools teach that it did end the great depression.  From what I remember the depression was techincally over in months after black thursday but unemployment stayed high mostly due to fear of investment.  I haven't cared much on economics since middle school though so it's demanding to try and remember this stuff.

I'm not certain if I have a position on pure-capitalism though... at least one without a clear bias.

Look at it this way, with enlightenment values the American dream can only reach it's fullfilment through as close to pure-Capitalism as possible and maybe even Anarcho-Capitalism. Socialism does not and perhaps could not fulfill that dream... so if what I said has some kind of axiomatic truth to it then the question is only is the American dream really something people (you) want?

But today I've noticed the same cliche of religion found in socialism, that you should fear life without it while also loving the idea of it. The cliche being of course that it enslaves you to your brother even in democratic social countries. The irony to it is cold and bitter, the cliche of totalitarianism and the ironic sadomasochism required of the common man.

Again that's not saying Capitalism is perfect, but it has proven itself persevering.

Good ideas have a tendency to survive the waves of opposing ideologies.

We're seeing the end to the welfare state in some countries, which are being fought tooth and nail. Europe is (thank God) tightening its budget by reducing the size and scope of government, as pervasive governments operate very innefficently and cause more harm than good.

If you really want to see anarcho-capitalism in action, look at the countries with the lowest taxes on people - Hong Kong and Switzerland. You find both are very well off in comparison to the nations around them.