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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (523125)	10/23/2009 7:14:58 PM
From: TimF	Respond to of 1578706

There is nothing produced by man that isn't flawed. That's true of capitalism. It can be improved upon. Capitalism isn't a specific centrally organized system, capitalism is the operation of free markets, people making their own decisions. It improves over time as people accumulate experience, at least some of which gets passed on through generations. Substituting government commands for freedom isn't the way to improve on it, and in fact gets in the way of improvement since command and control limits or eliminates flexibility, and also distorts the information needed to in order for the improvements to happen and be evaluated. For how long? And did you notice that he lost his house and health insurance tout suite? So someone has been employed for a long time. Generally people are unemployed longer with more socialism in the system, unless you increase the amount of socialism to the point where you just create all sorts of useless jobs, which keeps people employed, but wastes resources and overall makes people poorer. He lost his house, well he borrowed money, and now he can't pay it back. That's a risk with borrowing. If he didn't want to take that risk then he could have rented. He can still rent now. Not being able to own a house doesn't mean living on the street. Your argument seems to be that allowing people to be free doesn't result in perfect happiness, so we need government to control things. That's just a bizarre argument on so many levels. There is no reason to expect any way type of policy or system, or series of economic relations to achieve perfection. Having government decide things will just make things worse.