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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (93739)8/21/2012 6:51:56 AM
From: elmatador  Read Replies (1) | Respond to of 217754
 
I will flesh it out for you. I need to put together a succinct explanation to frame it in my brain.



To: ggersh who wrote (93739)8/21/2012 1:41:14 PM
From: elmatador3 Recommendations  Read Replies (1) | Respond to of 217754
 
Fleshing out the concept:

Think:

1) Profits must be private.

2) Losses must be socialized.

3) It is good to have government to invest so that private capital profit from that investment.

This above concept works when economy is growing.

SUMMARY:
Capitalism saleable when economy growing.
There is money to cover most of the wishes of owners of capital, workers and Government



To: ggersh who wrote (93739)8/21/2012 2:39:22 PM
From: elmatador  Respond to of 217754
 
When the economic cycle tanks, financial crisis pops up, capitalism has no countermeasures.
government must step in to enable next growing cycle so capitalism can profit from
it.
Like FDR New Deal for instance.
Or like FED last 5 years.