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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 13/03/2014, 18:18:20 UTC

I have NO problem with people making profits... there is a difference between a form of regulated capitalism and forms of vulture capitalism whereby the rrich exploit and pretty much steal from the people in various ways and make their money using trickery and such leverage.  small honest businesses are out gunned when these kinds of vulture capitalists are allowed to run free and unfettered.

Yeah, that's more or less my point. Often when people criticize "capitalism", they are actually criticizing something else like corporatism. This leads to incorrect conclusions as to how to deal with these problems. Capitalism really isn't an "ism", it just describes the way that civilization has found efficient to trade. To be anti-capitalist is to be anti-civilization at base.


To me, it appears as if you were misreading my earlier post and my use of the word capitalist.   I used the word capitalist to refer to persons holding capital.  My comment was concerning technology, and the history of recent technological innovations in the USA has disproportionately rewarded the capitalists and NOT workers and NOT other segments of society.  This is a dynamic in germany as well, but in germany, labor and the people in general have been more successful to allow for the taking advantage of the technological innovations in order to spread out work and to work less and the rewards of the technological innovations are spread across the people and the society. 

So I was NOT specifically criticizing capitalism with my employment of the term capitalist and my description of what seems to have been a major problem in the united states's allowances regarding the capitalists.   Also, NOT all capitalists have been able to suck all the surplus value - such as the smaller businesses are stuck attempting to compete and putting up their capital and their risk and then getting screwed by the overall poor business and poor humanity infrastructure in the USA. 

IN the USA, you tend to make more money by being a dickhead, rather than by being responsible - even though there are some examples of responsible companies, such as Costco, who treat their workers relatively well, and Costco still is rewarded in the market place.  Wallmart is rewarded in the market place, but treat their workers like shit, and deserve to be regulated into a better state of business, humanity and state of responsibility.