Capitalism doesn’t provide for true freedom because you are still subject to laws that can be changed according to the whims and fancy of the rulers. In worst cases, laws don’t exist. Rights to property can be rescinded by the rulers.
Current economic theory have lost the plot.
- Thread starter leo25
- Start date
Capitalism doesn’t provide for true freedom because you are still subject to laws that can be changed according to the whims and fancy of the rulers. In worst cases, laws don’t exist. Rights to property can be rescinded by the rulers.
Capitalism is not a political system. You're confusing economic systems with political systems.
what China did could be just a test, to force US and Taiwan and people in HK to open their cards
they push forward and then back off
Taiwan wanted to run campaign based on extradition treaty...now the bill no more
US open the card by keeping the status of HK
people in HK got the support and funding from certain sources, so this have been monitored, so there will be no next time
they push forward and then back off
Taiwan wanted to run campaign based on extradition treaty...now the bill no more
US open the card by keeping the status of HK
people in HK got the support and funding from certain sources, so this have been monitored, so there will be no next time
Capitalism is a theory that has never been fully tested. don't confuse theory with reality.
I'm trying to respond to JulieW's question on whether capitalism gives rise to freedom.
This is a difficult question depending on how you define freedom. Some may say that freedom is to walk safely on the street. Freedom to own property is another form of freedom. True communism provides freedom to walk safely on the street. In North Korea, people can probably walk freely on the streets without fear of being burglared or kidnapped.
Democracy is about freedom to vote for the government.
I think what Beijing fears about HK is not capitalism since capitalism existed in ancient China, but rather the "western values" of democracy and equality. Democracy is very much a Western value that existed from ancient Greece and Rome and equality is a christian value. These thoughts, together with the concept of communism and socialism never existed in ancient China.
The trade war is never about trade or globalisation, it's about Western vs Ancient Chinese ideology.
Last edited:
It's not a theory.
It's a system that evolved when the first individual traded what they value less for something they value more. Capitalism is what defines humans, it's what sets us apart from animals.
Don't confuse theory with reality.
Capitalism is an economic system, it is not a political system. It is the best economic system to foster freedom, it however does not mean that a capitalist society is necessarily a free society - that depends upon what type of political system is in place. A capitalistic socialist state such as China would however better meet the needs and wants of its citizens than a non-capitalistic socialist state such as North Korea.
It's never been tested at scale. Most things don't work when they scale due to small imperfections (in this case in humans). I'm not saying it won't work, just saying its never been tried.
It's tested daily by billions, by both satisfied consumers and those that are unsatisfied.
It's human nature personified in the market place.
Not really. You're being idealistic, only seeing what you want. Until there is a 100% free market then it's untested.
Check your premise.
Edit: I can't be bothered arguing with someone whose only lines of argument are that it I'm being unrealistic or idealistic. Get some facts together or drop it and stick to what you know.
? You're saying in a system where there isn't a free market and therefore not a capitalist system, that at scale a capitalist system works. Makes no sense.
Make a city with 100% free market and see your mad max vision awake. You make a fatal flaw in thinking everyone is logical and does what's in the best interest.
Last edited:
Check my edited post. Im moving on to something more meaningful.
Can't have people question your faith hey? You just like questioning everything but your own views.
True, but as you said, capitalism (and the ideas it brings) threatens the power brokers in Beijing. Money is power, money runs the US and many western democracies. This "needs and wants" of citizens will have to be sacrificed for Beijing to maintain power. So much for the capitalism "experiment".
Last edited:
SilverDJ
Well-Known Member
"Freedom" is a combination of the freedoms, lose any one of these and you are not in a "free society".
Freedom of association
Freedom of movement
Freedom of (or from) religion
Freedom of speech, expression, and thought
Freedom of self determination (including economic)
All of course can come with a social cost, but they shouldn't come with the threat of incarceration or worse, if they do then you don't have that freedom.
I was asking you whether capitalism threatens the power brokers in China and somehow the argument has ended up with me having to defend capitalism. As if it’s not obviously the best system.
So the freedom that capitalism ushers in is a threat. Thank you.
all well and good, China welcome all foreigner to visit Xinqiang to see for themselves, but American trying to forbid people from visiting
there is a reason the direct flight to Caracas been terminated, to prevent American from seeing the real thing going on there
the people in Crimea voted for self determination and joint with Russia, in the eyes other than Crimean that is not freedom
expensive gas, ie American Freedom gas that is 30% more expensive than Russian gas, more like enslavement gas to me
No need to visit Xinjiang, can watch here - https://www.bbc.com/news/av/world-asia-china-48667221/inside-china-s-thought-transformation-camps
Note the documentary is sanctioned by the Chinese state. Actually, this isn't allien to me, we have this in Singapore, all primary school kids have to go through lessons on "how to be a good citizen". The indoctination works well for kids 7-12 years old. Don't know if it will work for grown men and women though. Apparently, they don't have this in HK I suppose?