Subj : Re: Recession to Depressi
To : Kaelon
From : Boraxman
Date : Sat Jul 23 2022 10:54 am
Re: Re: Recession to Depressi
By: Kaelon to Arelor on Thu Jul 21 2022 05:40 am
> Yes. And I am in full agreement with the concept that true Capitalism,
> without institutional interference but with some basic safeguards to ensure
> that consolidation to exploit consumers is restricted, has to have clear
> risks to match their rewards. Banks have enjoyed vast profits with almost
> no real risk of collapse.
>
> True Capitalism would have allowed all of the banks to fail. And would have
> never allowed such a thing as "too big to fail" to exist. But, as we've
> discussed elsewhere, the Western Global Order is not capitalist. It is a
> Corporate Syndicate that reflects the consolidation of economic and
> political pillars in our society stemming from the Post-War Order.
> _____
What *IS* true Capitalism? Serious question. IT seems to me like saying if we has TRUE Christianity then.... That just invites debate as to which is the true Christianity. Is it the Catholics, the Orthodox, Jehovah's Witnesses?
AnarchoCapitalists say theirs is the true faith, but others have different
ideas.
