Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Father Terrence who wrote (22118)	5/24/1998 9:56:00 PM
From: Grainne	Read Replies (1) \| Respond to of 108807

Terrence, as I understand it the seeds for socialistic and communistic economic systems were planted because huge, long-suffering peasant classes were tired of living at the edge of starvation and despair. While an argument can be made that in the present there is a limited meritocracy, and anyone with brains and drive can pull themselves up by their bootstraps, this was not true when the caste system was fully in place and there was a very small ruling (raping and pillaging) class at the top. These were mass, idealistic movements, with wide support, and are a logical reaction (you remember the laws of action and reaction, and the pendulum swinging, I am sure) to economic and social repression. While there was more corruption as these new experiments progressed, and power grabbing by ruthless individuals, the original intent was not malevolent. Only later did most people realize the truth of capitalism--motivation is lacking without self interest. I am not defending them as economic systems--I simply do not consider the original goals as immoral. Experientially, it was revealed that they do not work.