THIS is NOT Capitalism

[FreakinDJ]

True Capitalism requires investment to create Wealth, the manufacture of a product or performance of a service - the current model employed by Wall St requires "Over-paid Politically Connected CEOs" that can pull the strings of their paid lackeys in the House and Senate to enact legislation that will transfer wealth from the Working Class to the corporation.

True Capitalism rewards the investors who trusted the Corporation and took the financial risk with dividends - todays model of the stock market is completely manipulated by some of the same thieves who took part in the Enron debacle. Today, Markets are artificially fluctuated up or down by large traders, "fattened by the retirement savings of the working class" for the profit of a few insiders.

Ditto Heads want to talk about Capitalism vs: Socialism
- First show me the Capitalism - because this sure ain't it

[JVS]

1. True Scottsman.

Capitalism is as capitalists do.

[socialist_n_TN]

10. I've always said something similiar

Capitalism is what the capitalists SAY it is.

[leftstreet]

2. Capitalism doesn't need legislation to transfer wealth upward. Capitalism does that on its own

Nor does Capitalism concern itself with 'rewarding' investors

Capitalism = profit

[FreakinDJ]

3. Henry Ford increased his wealth by paying his workers MORE

so they could afford to buy the cars they built

[safeinOhio]

4. Trickle down is a theory.....

Supply and demand is a law.

[FreakinDJ]

5. Milton must have been an Abused Child to dream up that BS

I can prove that Jack Ass wrong in 3 minutes or less and I don't have a degree in economics

[no_hypocrisy]

6. Agreed. Today's use of money is more like an open-air casino rather than

investment for profit.

[dkf]

7. If you don't want a corporation making a profit then avoid buying their goods /services.

It's you that are enriching people you don't want to.

[FreakinDJ]

14. Defense Contracting Corporations get your money without your consent

in the name of "Security"

I don't think you ever voted for Blackwater to be enriched by $ Billions in Iraq but they did none the less by bribing members of the House and Senate to issue them "No-Bid" contracts

[Better Believe It]

8. Utopian "peoples capitalism" has never existed and never will.

[applegrove]

9. You are correct if you are saying by getting deregulation and lower taxes the ceos raise

income of their corporations and thus get bigger bonuses.

[Odin2005]

11. Unrec for ignorant Capitalism-apologist BS.

Corporatism is the final stage of Capitalism before it dies of its own internal contradictions.

[FreakinDJ]

13. Who is apologizing - this is NOT Capitalism - plain and simple

Naming it "Crony Capitalism" gives credence it is merely a mutated form of capitalism which I don't agree with. I'm undecided if "Corporatism" goes far enough to describe what would be purely illegal in a sane society.

I sincerly hope supporters of OWS do not engage in fruitless arguments of Socialism vs: Capitalism. In my opinion we would first have to have "Capitalism" to argue about

[Odin2005]

15. Yes, it is Capitalism, the final statge of capitalism before it collapses on itself.

[libertypirate]

17. How exactly does capitalism collapse? /nt

[MedleyMisty]

18. Like this

http://www.youtube.com/watch?v=MSHILnq5g4Q

[FreakinDJ]

20. Not to be argumentative but ...

the Capitalism Model we used to follow required investment, followed by capital expenditures for factories, offices, raw materials, employee wages then followed by profit. In short long term investments

Todays quarter to quarter model often uses the sales of existing facilities, usually at significant loss, which is promptly placed in the plus column of the company's quarterly report to boost the CEO's bonus. Regardless of the detrimental effects placed on the shareholders initial investments. - And that is merely 1 form of market manipulation being practiced today.

Todays system relies on slight of hand, and Willing Participant Regulators armed with subtle deceptive clauses written into US law

In short No Comparison

[libertypirate]

12. You are absolutely correct

I honestly think the stock market is a complicated shady ponzi scheme.

[rug]

16. True Capitalism transfers wealth generated by labor to capitalists.

Regardless of a current gloss, that is its ineluctable nature.

[Puzzledtraveller]

19. THIS IS GENOCIDE!, as David Bowie would have said..