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Thread: Notes from Comrade Tom

  1. #1
    Cyburbian Tom R's avatar
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    Notes from Comrade Tom

    I heard on PBS this morning that because so many governments are taking positions in so many large banks that the world is reverting to socialism. You poly-sci geeks out there, what do you think?
    http://www.youtube.com/watch?v=Wos-dDxpJlQ
    WALSTIB

  2. #2
    Cyburbian hilldweller's avatar
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    Certainly the recent events have busted a huge hole in the argument for free markets at all costs, or the idea of the "invisible hand of the market", if it hadn't already been completely discredited.

    The current situation seems more like using socialist means to support capitalist objectives, kind of a weird situation. But then again, our supposed "free market" system has always relied on significant government intervention.

  3. #3
    Super Moderator luckless pedestrian's avatar
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    it's the great irony

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    Cyburbian Duke Of Dystopia's avatar
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    Even more important, is the fact that Mega-Corps will find they still have political masters that can force them to behave in certain ways that include regulating them in order to curb their influence and power.

    Ford, GM, Oil Companies, Chemical Corps, all have players big enough to be free of any single government control. Nations want to have economic viability, but there should be some effort to protect and provide work for people under the emply of corporations.

    So fine, the fed has done a decent job at controlling inflation and the cutting off the worst highs and lows of the market, at the cost of making sure an employee does not get his end of a good upswing in the market, and all the cost of a downturn.

    Regulate the opacity of business transactions, give workers protection, and allow the free market to trade with oversight.
    I can't deliver UTOPIA, but I can create a HELL for you to LIVE in :)DoD:(

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    Cyburbian SGB's avatar
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    So, does this mean there's a developing global concensus that socialized financial institutions are necessary to maintain the socio-economic status of the upper class?
    All these years the people said he’s actin’ like a kid.
    He did not know he could not fly, so he did.
    - - Guy Clark, "The Cape"

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    Cyburbian CJC's avatar
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    I don't really think greater government ownership = greater degree of socialism. It all depends on what governments do with their ownership stakes.
    Two wrongs don't necessarily make a right, but three lefts do.

  7. #7
    Cyburbian TexanOkie's avatar
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    Quote Originally posted by CJC View post
    I don't really think greater government ownership = greater degree of socialism. It all depends on what governments do with their ownership stakes.
    That is a very true statement. Fascist regimes (social issues aside) also implemented similar government controls on the economy.

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    Super Moderator luckless pedestrian's avatar
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    remember the Prime Directive folks...

    Quote Originally posted by SGB View post
    So, does this mean there's a developing global concensus that socialized financial institutions are necessary to maintain the socio-economic status of the upper class?
    I see a Star Trek reference coming...

  9. #9
    Cyburbian CJC's avatar
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    Quote Originally posted by TexanOkie View post
    That is a very true statement. Fascist regimes (social issues aside) also implemented similar government controls on the economy.
    Exactly. There's a very real danger of heading in a more fascist direction in some places, I fear. There are some obvious examples like Russia (which was already heading in that direction, but now more so). An economic crisis is the best time for the government to seize more power (besides a war or a terrorist attack), regardless of necessity. No better way to do that than purchase or support industries "necessary to the well being of the country." See Weimar Germany.
    Two wrongs don't necessarily make a right, but three lefts do.

  10. #10
    Cyburbian imaplanner's avatar
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    Quote Originally posted by SGB View post
    So, does this mean there's a developing global concensus that socialized financial institutions are necessary to maintain the socio-economic status of the upper class?
    I know you have a winky in there, but I think that your statement has alot of truth in it.

  11. #11
    Cyburbian Emeritus Bear Up North's avatar
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    Ya

    Comrade Tom, you have done well. After the ration coupons are passed out, please have your fellow comrades report to the collective. Nastrovia!

    http://www.youtube.com/watch?v=nTMQJi_wDi8

    Comrade Yuri Bear
    Occupy Cyburbia!

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