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TBF

(35,338 posts)

52. ....

Reply to Nye Bevan (Reply #26)

Wed Jul 2, 2014, 11:33 AM

Jul 2014

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Does Capitalism Inevitably Produce Inequalities? [View all] xchrom Jul 2014 OP

Yes, Sir, It Does The Magistrate Jul 2014 #1

stiglitz would disagree -- some what. nt xchrom Jul 2014 #3

Marx certainly thought so Warpy Jul 2014 #151

I Agree The Matter Could Be Mended, Sir The Magistrate Jul 2014 #152

+1 nt Live and Learn Jul 2014 #157

It would be impossible to argue other wise el_bryanto Jul 2014 #2

creates opportunities..... daleanime Jul 2014 #5

Well command economies also have inequalities el_bryanto Jul 2014 #8

So that makes it OK? daleanime Jul 2014 #9

I think that any economic system on a scale of the united states will produce inequalities el_bryanto Jul 2014 #11

Then we agree.... daleanime Jul 2014 #43

RE: your last paragraph....... socialist_n_TN Jul 2014 #117

So capitalism creates opportunities in theory Raksha Jul 2014 #50

Of course it does Lee-Lee Jul 2014 #4

This message was self-deleted by its author Adam051188 Jul 2014 #7

Nope. Like the Scandinavian countries, Iceland is a capitalist country. Nye Bevan Jul 2014 #25

Perhaps, by definition... CanSocDem Jul 2014 #6

Capital itself is theft. Inequality is not so much the byproduct as the essential product. Gravitycollapse Jul 2014 #10

Theft is taking money that you haven't earned. Either by.... clarice Jul 2014 #12

Ron Or Rand Paul Could Not Have Said That Better, Ma'am.... The Magistrate Jul 2014 #14

Perhaps Sir, but am I correct or not? nt clarice Jul 2014 #16

What Is 'Earned' And What Is 'Work', Ma'am? The Magistrate Jul 2014 #21

Respectfully Sir... clarice Jul 2014 #27

The Text For The Sermon, Ma'am, Is This.... The Magistrate Jul 2014 #33

Sir... clarice Jul 2014 #37

A 'Flat Taxer', Are You, Ma'am? The Magistrate Jul 2014 #40

No, not a Fat Taxer per se. nt clarice Jul 2014 #59

Then What, Ma'am? Because You just Called For A Flat Tax The Magistrate Jul 2014 #61

Well, there is the Neal Boortz-supported sham known as the Fair Tax: HughBeaumont Jul 2014 #72

Without getting into a tax code debate...... clarice Jul 2014 #68

It Is Up To You To Support That, Ma'am, In The Fields Under Discussion The Magistrate Jul 2014 #73

I don't think in the way you would define that... quaker bill Jul 2014 #115

I would call that lousy business practices. nt clarice Jul 2014 #116

Why is that "lousy business practices"? Taking as much money in profit...... socialist_n_TN Jul 2014 #118

Who ARE the masses? And who would be considered "NOT" the masses. nt clarice Jul 2014 #129

Everybody but the owners of the means of production..... socialist_n_TN Jul 2014 #133

Who would be the "owners of production" Individuals? Government?...... clarice Jul 2014 #134

socialist_n_TN ? clarice Jul 2014 #139

Yes?... socialist_n_TN Jul 2014 #147

Who sits on the boards of corporations?..... socialist_n_TN Jul 2014 #143

Thank you, have a GREAT weekend. nt clarice Jul 2014 #146

But very survivable quaker bill Jul 2014 #122

The word "theft" in that particular example does not apply. nt clarice Jul 2014 #127

Why Not, Ma'am? The Magistrate Jul 2014 #130

Maybe through collective thought and effort we can erect a system that is good for about 99% of us nolabels Jul 2014 #144

There's no sense reinventing the wheel...... socialist_n_TN Jul 2014 #148

If it worked then what has happened to it, where is it and how do we indentfy it? nolabels Jul 2014 #149

This cannot be repeated enough, when "risk capital" is brought up: Maedhros Jul 2014 #48

Capital is the theft of labor. Gravitycollapse Jul 2014 #15

Following that line..... clarice Jul 2014 #18

How about folks who enjoy their jobs and feel that they are fairly compensated? Nye Bevan Jul 2014 #34

Absolutely. The theft is inherent to the system. Gravitycollapse Jul 2014 #41

Some inmates are "institutionalized", and come to love their prison. Maedhros Jul 2014 #49

So when JK Rowling is rewarded with billions of pounds for writing the Harry Potter books, Nye Bevan Jul 2014 #56

No, JK Rowling is part of the Bourgeoisie Gravitycollapse Jul 2014 #58

Ah. So there is some income level below which you are being stolen from, Nye Bevan Jul 2014 #62

The small business owner is petit bourgeoisie Gravitycollapse Jul 2014 #65

Curious, and not being snarky, clarice Jul 2014 #67

I didn't buy into it. I was made conscious of the system... Gravitycollapse Jul 2014 #70

Thank you for your honest, reasoned response. (not sarcasm) Peace Out. nt clarice Jul 2014 #71

Nye, clarice Jul 2014 #66

Why is the minority.... daleanime Jul 2014 #75

Compared to the rest of the world? absolutely .nt clarice Jul 2014 #78

You don't have a very good understanding of "the rest of the world." Gravitycollapse Jul 2014 #89

Also doesn't understand 'fairly'.... daleanime Jul 2014 #102

Didn't ask about the rest of the world.... daleanime Jul 2014 #103

Ooooops...sorry....did I express an independent opinion??? My bad. nt clarice Jul 2014 #105

Bad? Yes..... daleanime Jul 2014 #106

Actually.... clarice Jul 2014 #107

"Derogatory term for women?" daleanime Jul 2014 #108

I try to keep personal attacks to a minimum.... clarice Jul 2014 #109

Like I said... daleanime Jul 2014 #111

I never said that there wasn't income disparity in The US.. clarice Jul 2014 #112

You Are Trying To Take Matter Sideways, Sir The Magistrate Jul 2014 #69

One of the major victories of capitalism is propagandizing the idea......... socialist_n_TN Jul 2014 #96

Indeed, Sir The Magistrate Jul 2014 #98

It's We the People's money at best, the oligarch's or empire's money at worst, not yours. hunter Jul 2014 #19

Respectfully..... clarice Jul 2014 #22

I have $2.66 in my pocket right now. hunter Jul 2014 #44

I am so sorry to hear of your plight. I have very much "been there" Is there anything that I can do? clarice Jul 2014 #60

We're actually quite well, but thank you. hunter Jul 2014 #77

Curious....have you considered debt resolution or personal bancruptcey?.... clarice Jul 2014 #79

Good God. www.marxists.org leftstreet Jul 2014 #28

Please respect my opinion in not advocating a system.... clarice Jul 2014 #29

You've given no opinion leftstreet Jul 2014 #31

Respectfully, clarice Jul 2014 #32

You are certainly entitled to your 'beliefs' leftstreet Jul 2014 #36

Peace Out. nt clarice Jul 2014 #39

Might one consider Central America quaker bill Jul 2014 #126

Yes you are quite right...... clarice Jul 2014 #128

BS BlindTiresias Jul 2014 #131

Interesting link... clarice Jul 2014 #132

Questionable methodology BlindTiresias Jul 2014 #135

I'm not sure of those figures either...as to the rest...we can respectfully disagree. ... clarice Jul 2014 #136

Which figures? BlindTiresias Jul 2014 #137

sorry, I meant the wikipedia figures. nt clarice Jul 2014 #138

when and where do you start counting? quaker bill Jul 2014 #150

That's funny! BillZBubb Jul 2014 #153

LOL tenderfoot Jul 2014 #63

Love it !!! Using as a screen saver. Thanks. nt clarice Jul 2014 #64

You should use it as your avatar - it fits you too a tee. tenderfoot Jul 2014 #81

Thanks...is it because we are both so cute? nt clarice Jul 2014 #83

Absolutely, in an OBVIOUS TROLLY kind of way! tenderfoot Jul 2014 #86

You are certainly taking liberties with someone whom you don't know. nt clarice Jul 2014 #87

It's what she does. /nt pintobean Jul 2014 #95

Pinto, is she the crazy lady who keeps getting thrown off of DU? nt clarice Jul 2014 #104

No. She did a voluntary start over pintobean Jul 2014 #113

Me too. peace. nt clarice Jul 2014 #114

I think you spotted one! nt BillZBubb Jul 2014 #154

true capitalism requires vigorous competition, which requires oversight and regulation unblock Jul 2014 #13

I like what you describe, but might it be more Deny and Shred Jul 2014 #47

adam smith was anti-monopoly and originally, competition *was* the "invisible hand". unblock Jul 2014 #55

Semantics really. Deny and Shred Jul 2014 #76

It's pretty much designed to. Starry Messenger Jul 2014 #17

Yes. Pretty much by definition. truebrit71 Jul 2014 #20

Inevitably? Since I left my stash of infinite universes in my other purse, I can't tell you that. winter is coming Jul 2014 #23

Not inevitably, but usually. HooptieWagon Jul 2014 #24

Are there any systems that do not produce inequalities? (nt) Nye Bevan Jul 2014 #26

.... TBF Jul 2014 #52

You should start an OP asking that question leftstreet Jul 2014 #53

probably not. However we have operated under a post world war II assumption that Warren Stupidity Jul 2014 #85

Unregulated capitalism? Yep. abelenkpe Jul 2014 #30

Hell Yes! Capitalism Does Inevitably Produce Inequalities. hunter Jul 2014 #35

Yes. Xolodno Jul 2014 #38

Of course it does. n/t PowerToThePeople Jul 2014 #42

That's what it's for! FiveGoodMen Jul 2014 #45

Piketty argues that without explicit policies to address inequality Warren Stupidity Jul 2014 #46

Makes sense to me intuitively. nt BootinUp Jul 2014 #57

Of course - the system is designed to reward only TBF Jul 2014 #51

It starts with inequality at its inception and only broadens the gap if Skidmore Jul 2014 #54

which then ironically undermines any circulation, leading to vapor lock nt MisterP Jul 2014 #74

It does the way we do it. DirkGently Jul 2014 #80

Of course it does. Workers who provide ROI have no say in profit distributions, which are ancianita Jul 2014 #82

Inequity is inherent in capitalism due to its system of profit it causes by disadvantaging another ancianita Jul 2014 #84

Every system produces inequalities LittleBlue Jul 2014 #88

Ah, yes, the usual Randian venture capitalist talking points. Gravitycollapse Jul 2014 #90

You need to study economics before attempting a serious discussion on this LittleBlue Jul 2014 #93

Which "system" specifically do you think I'm defending? Gravitycollapse Jul 2014 #94

By "study economics", you mean the neo-liberal, Freidmanist bullshit.......... socialist_n_TN Jul 2014 #121

You mean every Stalinist based communist system....... socialist_n_TN Jul 2014 #124

What system would you say France operates under? Hippo_Tron Jul 2014 #120

I read somewhere YarnAddict Jul 2014 #91

People inevitably produce inequalities Silent3 Jul 2014 #92

The answer is yes-unless corrected by democratic institutions and public services YoungDemCA Jul 2014 #97

Reality and anything in it produces inequality. Tetris_Iguana Jul 2014 #99

Yes. It's built on inequality. Been saying this for years. *So sue me!* freshwest Jul 2014 #100

Yes, of course BlindTiresias Jul 2014 #101

I think every system eventually corrupts itself Marrah_G Jul 2014 #110

That's like asking if beans inevitably produce farts. rug Jul 2014 #119

It certainly does, although the countries with the least inequality are also capitalist economies. pampango Jul 2014 #123

Yes. jwirr Jul 2014 #125

“The comfort of the rich depends upon an abundant supply of the poor.” ― Voltaire Tierra_y_Libertad Jul 2014 #140

Always, it is founded on inequality, the owners and the owned. nt bemildred Jul 2014 #141

Without massive govt interference, yes! Yavin4 Jul 2014 #142

Absolutely. Ed Suspicious Jul 2014 #145

It does if you don't have any rules to protect the middle and lower class Rex Jul 2014 #155

By definition capitalism creates inequalities. Why is there any question about this? BillZBubb Jul 2014 #156

When left unchecked, as it has been of late, yes. n/t Lady Freedom Returns Jul 2014 #158

Capitalism is by its own admission Shankapotomus Jul 2014 #159

A better question would have been "does capitalism inevitably produce injustice" quaker bill Jul 2014 #160