Capitalism is in Trouble
Capitalism means the investment and ownership of production and distribution, and the exchange of wealth by individuals or corporations. (click) Capitalism can be compared with the wealth of a nation's government, compared with the capitalism of other nations, or compared with communism
So, in any nation, two forms of money seem to exist. One money is private money and functions in a free market economy. Example of private money is oil, ice cream, and electricity. In a capitalistic nation, the other money must be public money. This other money produces infrastructures for the people (1) of the of a free market economy and (2) the people who build and operate all infrastructure. Examples of public money are health care systems , roads, and bridges.
So, in any nation, two forms of money seem to exist. One money is private money and functions in a free market economy. Example of private money is oil, ice cream, and electricity. In a capitalistic nation, the other money must be public money. This other money produces infrastructures for the people (1) of the of a free market economy and (2) the people who build and operate all infrastructure. Examples of public money are health care systems , roads, and bridges.
It is clear that these two forms of money are dysfunctional and cannot sustain a growing nation. This is why all nations are in debt. It is time to develop money systems that work for all nations.
posted by George Shollenberger @ 10:13 AM
3 Comments:
At 3:37 PM,
David S. Wilkinson said…
So what is your solution George. You say things must change, must be destroyed... etc. Where are your specific proposals ? Do we go to communism, socialism, Marxism, Democratic Socialism (Greece, Turkey, Spain), a barter economy? Again George there's this little thing called reality. We tried hope and change which is basically what you are doing, a plodding parade of platitudes that produce nothing. The economy is sloooowly recovering because of capitalism, not the economics you espouse.
At 6:24 PM,
George Shollenberger said…
Dave,
Capitalism has no opposite and is thus an absolute. Since only God is abolute, why can capitalism be godly?
George
At 3:39 PM,
David S. Wilkinson said…
Communism (Socialism) is capitalism's opposite
Individual ownership vs community (government) ownership
See opposite, no absolute, thus it can be Godly (I'm not saying it is just that it could be using your logic)
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