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Capitalism

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  • PussyCatundefined Offline
    PussyCatundefined Offline
    PussyCat
    wrote on last edited by
    #1

    An economic and political system in which a country

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    • Lanellundefined Offline
      Lanellundefined Offline
      Lanell
      wrote on last edited by admin
      #2

      You have [two cows]. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax [exemption] for five cows. The milk rights of the six cows are transferred via an intermediary to a [Cayman] Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. You sell one cow to buy a new president of the United States, leaving you with nine cows. No [balance sheet] provided with the release. The public buys your bull.

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      • Kitundefined Offline
        Kitundefined Offline
        Kit
        wrote on last edited by admin
        #3

        a system that allows [socialists] to sell their [books] and make profits too!!!!
        [IRONIC]????
        YES

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        • Kaiundefined Offline
          Kaiundefined Offline
          Kai
          wrote on last edited by admin
          #4

          [Capitalism] is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. Under [capitalism] the state is separated from economics (production and trade), just like the state is separated from religion. Capitalism is the system of of [laissez faire]. It is the system of [political freedom].

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          • Michikoundefined Offline
            Michikoundefined Offline
            Michiko
            wrote on last edited by admin
            #5

            A [economic system] which is usually short lived before becoming [corporatism]. In this system, everyone is said to have an equal chance to become rich, depending on how hard they work. While this is true of capitalism, usually by the time a capitalists become rich, corporatism is born. A system where the rich get richer and the poor get poorer. While Capitalism is a good idea, in theory, it is not in practice. Just like communism. Neither work. Usually, the only way for a semi-capitlist state to exist for any length of time is through [democratic socialism].

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            • Camiundefined Offline
              Camiundefined Offline
              Cami
              wrote on last edited by
              #6

              Something Id probably [advocate] if what the [rich] wanted us to believe was actually true, that the poor are [lazy] and the rich are hard working.

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