Capitalism Has Failed—What Next?

Originally Posted by eccieuser9500

interesting story on broken socialism.

i'll tell ya why socialism never grew any further...

high taxes. its also why there is a demographic decline in many european socialist countries.

now to the other point about why socialism didn't filter down to the capitalist businesses and in the production room.

simple, it goes against the grain of property rights of who owned the business. it is true that many business are dictatorships.

so would a socialist govt. impose a community business model on a business formerly owned by an owner after they seized it? I'm sure they would.

I do not have a beef with community run businesses as long as its done voluntary. I understand there are a few in Spain and in other place. there have been cases when the death of the owners at the behest of their will; turned over the company to the employees.

that model hasn't really caught on prolly due to the cost involved in starting one up.

Mayor Mamdani ended homeless sweeps in NYC. Councilmembers want to know what’s next.

https://gothamist.com/news/mayor-mam...now-whats-next

Earlier this week, Councilmember Erik Bottcher, who represents parts of Manhattan, said there was a “growing number of encampments” along 18th Street, near Sixth Avenue in the Flatiron District, in a post on X. Bottcher did not respond to requests for comment.

When Gothamist visited the area on Friday afternoon, four of the roughly dozen homeless New Yorkers who had been staying under the scaffold at the site were preparing to move into Safe Haven shelters, which have fewer restrictions than the city’s main shelter system, after outreach workers visited earlier in the day. Two police cars were parked across the street, but officers did not approach the group.

I went to school. Worrked hard for "the man", often long hours and weekends. Mid-life I retrained in another completely different field and did it some more. My spouse did too.

We have been retired for decades now, each of us.
we live in the same modest home we bought in 1978.
e have a nice car that is paid off. It may very well be the last vehicle we ever buy.
We both get Social Security and a modest pension from our most recent employers and live within that income stream.

Capitalism seems to work from my perspective.

I went to school. Worrked hard for "the man", often long hours and weekends. Mid-life I retrained in another completely different field and did it some more. My spouse did too.

We have been retired for decades now, each of us.
we live in the same modest home we bought in 1978.
e have a nice car that is paid off. It may very well be the last vehicle we ever buy.
We both get Social Security and a modest pension from our most recent employers and live within that income stream.

Capitalism seems to work from my perspective. Originally Posted by ICU 812

Capitalism seems to be doing well. What I see failing are trust, supply chains, failed policies/laws, and currencies as we go deeper down the rabbit hole.

AI Overview
Yes, the United States has a capitalist, market economy, where private individuals and businesses own most means of production and make decisions based on supply and demand, but it's a mixed system with significant government regulation, social programs, and intervention, sometimes described as "democratic capitalism" or "state capitalism" due to its unique blend of free markets and public services.
Key Characteristics of U.S. Capitalism:
Private Ownership: Individuals and corporations own most businesses and property.
** Profit Motive:** The goal is to generate profits, driving innovation and production.
Competition: Businesses compete, influencing prices and quality.
Limited Government (Historically): The ideal emphasizes minimal government interference (laissez-faire), contrasting with socialist systems.
Why it's Not "Pure" Capitalism (Mixed Economy):
Government Role: The government provides public education, infrastructure, defense, and social safety nets (like Social Security, Medicare).
Regulation: Regulations (like environmental rules, financial oversight) guide business behavior.
Market Intervention: Programs like federal student loans, mortgage guarantees (Fannie Mae/Freddie Mac), and agricultural subsidies show state involvement.
Evolving System:
American capitalism isn't static; it's evolved through different "ages," with varying levels of state involvement, finance sector growth, and regulation.
In summary, the U.S. operates primarily on capitalist principles but is a mixed economy, blending market forces with substantial government roles, making it a unique form of capitalism.

Capitalism seems to be doing well. What I see failing are trust, supply chains, failed policies/laws, and currencies as we go deeper down the rabbit hole. Originally Posted by CPT Savajo

Is this post for real? You make a statement....and then contradict yourself in the same sentence.

"Capitalism" doesn't exist all by itself. It is reliant on many of the things that you say are failing.

.

Is this post for real? You make a statement....and then contradict yourself in the same sentence.

"Capitalism" doesn't exist all by itself. It is reliant on many of the things that you say are failing.

. Originally Posted by rooster

Is this post for real? You make a statement....and then contradict yourself in the same sentence.

"Capitalism" doesn't exist all by itself. It is reliant on many of the things that you say are failing.

. Originally Posted by rooster

It's for real and I didn't contradict myself if that's how you interpreted my statement. When it comes to the US and the way the rest of the world views the US they are losing trust. That lack of trust is causing de-dollarization on a global scale at an alarming rate where I think the average everyday American doesn't understand what's happening. Due to this lack of trust foreign Central Banks now hold more gold on their balance sheets as a reserve asset than US bonds/treasuries. This hasn't happened for over 30 years in 1996. The rest of the world is divorcing the US Dollar for Goldlilocks.

^you are correct sir. yes, thank you Trump..

It's for real and I didn't contradict myself if that's how you interpreted my statement.... Originally Posted by CPT Savajo

Oh. I get it now.

So lemme see if I've got this straight...

Trust, supply chains, policies, laws, and Currencies....

And the potential "failure" of them....

Got nuthin to do with Capitalism.

Faak.

Who knew?

.

Oh. I get it now.

So lemme see if I've got this straight...

Trust, supply chains, policies, laws, and Currencies....

And the potential "failure" of them....

Got nuthin to do with Capitalism.

Faak.

Who knew?

. Originally Posted by rooster

The wheels of capitalism haven't come off the rails in America yet, but when it comes to the rest of the world and the US trust has been strained. Everything I mentioned has everything to do with capitalism. When the US Dollar is no longer the world reserve currency of the world is when capitalism will die in the United States or when the credit markets freeze up for whatever reason like mass bank failures. To say that capitalism has failed is not entirely true.

The wheels of capitalism haven't come off the rails in America yet, but when it comes to the rest of the world and the US trust has been strained. Everything I mentioned has everything to do with capitalism. When the US Dollar is no longer the world reserve currency of the world is when capitalism will die in the United States or when the credit markets freeze up for whatever reason like mass bank failures. Originally Posted by CPT Savajo

ORRRRRRRRRRRRRR......

This is all wrong.

.

ORRRRRRRRRRRRRR......

This is all wrong.

. Originally Posted by rooster

That's your opinion. Friday the 23rd of January and Sunday evening 25 January I've made $11K+ in two days so capitalism isn't dead for me but it might be for someone else in America to limit the scope on a micro scale. It's how one plays their cards with the hand that they're dealt in a capitalistic society. Capitalism isn't dead yet unless you're a landlord in NYC but that's a joke.

Oh. I get it now.

So lemme see if I've got this straight...

Trust, supply chains, policies, laws, and Currencies....

And the potential "failure" of them....

Got nuthin to do with Capitalism.

Faak.

Who knew?

. Originally Posted by rooster

Now to express another thought about capitalism failing look at Democrat run cities for example. Theft and shrink are rampant! Infact it's so bad that corporations are leaving Democrat run shit holes and closing stores like there's no tomorrow or everything is locked behind glass. Was it Prop 47 in California that gave people a green light to steal up to $900 and it's not a felony? Combine that with a no-bail policy and goddamn it wrecked California. Look at how catastrophic Democrat policies and laws destroyed the state. Democrat politicians totally fucked it up bad for companies, employees, and customers of said companies yet the useful idiots in California keep voting Democrat for whatever reason. Republicans may be the lesser of two evils but for anyone to say they're a Democrat I look at them like they got a dick growing out of their forehead, not a joke.