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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (242626)7/22/2005 1:35:11 AM
From: tejek  Read Replies (3) of 1571903
 
Of course capitalism is imperfect. An human system or institution will be imperfect. Capitalism is just a better system than all the other economic systems, but it isn't perfect, at least not in any real world implementation. Its similar to democracy which is better than the other political systems but isn't perfect (again at least not once you move it from paper to the real world). The best of an imperfect bunch.

Increasingly, I think the American brand of capitalism needs to be socialized a bit. The rich keep getting richer and the poor keep struggling to stay above water. The poor need greater support than we provide currently. Incidents like this school having to move in Afghanistan happen in this country as well. Non profit org. that help the poor are forced to move or are shut down because of rent increases or a opportunistic landlord. How can the American brand of capitalism be the best when such things happen here on a regular basis?

OTOH without investment based on the profit motive, without applied capitalism, Afghanistan is going to remain in its current squalor.

No one is suggesting to remove the profit motive.

Aschiana pays $1,500 a month in rent — provided by donors, including the European Union and World Bank — but Kabul's race for prime real estate has pushed rents for alternative downtown sites to $9,000 a month.

Then you would think they would move out of prime real estate.


They have no choice but move; however, their client base is in or near the central district.

It may be a less then perfect solution for the school, but life is a series of trade offs.

With the poor doing most of the tradeoffs.........I understand.

ted
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