[philly0wills]

Oops

[like_the_dinosaurs]

What if it turns out that capitalism is a mistake? lol

[dsula]

$this->bbcode_second_pass_quote('like_the_dinosaurs', 'W')hat if it turns out that capitalism is a mistake? lol

[Revi]

I don't know what works with stocks, since they have usually tanked for me. I like tangible things like land, silver, cast iron pots, stoneware, etc. They usually seem to appreciate for me.

I like what he says in the article:

"Unless we remain vigilant, it is easy to make similarly poor decisions. Trying to “replace” lost value in a portfolio by taking big swings is one of the worst things you can do.

The most seductive (and therefore common) mistake is to spontaneously sell off a badly performing portfolio. Although pretty much everyone understands the wisdom of “Buy Low, Sell High”, the history of the stock market proves that most investors do exactly the opposite."

I think the worst thing you can do is to sell at the low point of any market. If you can ride it out, you'll be able to sell for more when the price goes up. I have a hard time selling things, because I get attached to them, but I am beginning to get over that.

[rangerone314]

$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('like_the_dinosaurs', 'W')hat if it turns out that capitalism is a mistake? lol

[dsula]

$this->bbcode_second_pass_quote('rangerone314', '
')The problem with capitalism is that it encourages efficiency while IGNORING externalities, such as pollution and other social costs. Its easier to be efficient when you are not held accountable for your behavior.

[mcgowanjm]

$this->bbcode_second_pass_quote('', 'I')t is all a big feedback loop. Once pollutiion is looked at as a problem the 'green' company is rewarded while products from the 'polluting' companies are not bought anymore. That is the beauty if capitalism. It does exactly what the consumer wants. Don't blame the car company for building SUVs. Blame the consumer who buys it.

[rangerone314]

$this->bbcode_second_pass_quote('dsula', '
')$this->bbcode_second_pass_quote('', '
')Boring is good. Boring means you are not being burned out of your home, dying of a plague, or starving to death.

[rangerone314]

$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('rangerone314', '
')The problem with capitalism is that it encourages efficiency while IGNORING externalities, such as pollution and other social costs. Its easier to be efficient when you are not held accountable for your behavior.

[dsula]

$this->bbcode_second_pass_quote('rangerone314', '
')If capitalism does exactly what the consumer wants, why do we need marketing and advertising? (I took and aced marketing, I already know the answer to that question)

[mcgowanjm]

$this->bbcode_second_pass_quote('', 'A')nd if there's no need. Create one. The fault once again lies with the consumer who is gulliable enough to buy into the advertisers claims.
Seriously, who is to blame, the company that advertieses the latest razor blade, or the guy who thinks he needs it and goes out to buy it?

[dsula]

$this->bbcode_second_pass_quote('mcgowanjm', '
')
That's the problem. For 500 years capitalism has made
this claim, when the facts are this:

We've had frontiers, third worlds, slaves and genocide
that have been necessary for Capitalism to OFFload
costs.

[dsula]

$this->bbcode_second_pass_quote('mcgowanjm', '
')
the Education System is the problem along with corporations
having more rights than humans.

Trained to be consumers while taking on debt which cannot
be repaid. While criminalizing poverty. That's a formula for slavery.

Democracy is not possible w/o surplus.

[rangerone314]

$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('mcgowanjm', '
')
the Education System is the problem along with corporations
having more rights than humans.

Trained to be consumers while taking on debt which cannot
be repaid. While criminalizing poverty. That's a formula for slavery.

Democracy is not possible w/o surplus.

[VMarcHart]

$this->bbcode_second_pass_quote('dsula', 'W')hat a boring world this would be if 2 million years ago somebody implemented a sustainable form of society. There would be no history, no change, no nothing. Boring as hell.

[dsula]

$this->bbcode_second_pass_quote('VMarcHart', ' ')As for punishing the slacker ... wait until you are not physically able to work, which can happen to everyone.

[rangerone314]

$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('VMarcHart', ' ')As for punishing the slacker ... wait until you are not physically able to work, which can happen to everyone.

[Kristen]

Capitalism is evil, plain and simple. It's full of greed and its stratagem seems to end with one holding all of the cards, dictating the world by creating "needs" and "status symbols" which really are not important, only to those who are brainwashed into believing them. So to all you "Pro-Capitalist Fighters".... Do a little self reflecting and imagine what it's like not to have any crayons at all.

[americandream]

How much better a species would we have been had we dedicated our resources and cumulative skills to:

1 Philosophy, the arts and sports;

2 Personal and collective development;

3 Quality of life, and,

4 True freedom.

As opposed to supermarkets, shopping malls, shopping and garage sales.

$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('like_the_dinosaurs', 'W')hat if it turns out that capitalism is a mistake? lol

[Revi]

Capitalism is like a monopoly game. Near the end of the game we're all creeping around the board hoping we don't land on Boardwalk, staying in jail as long as possible and dreaming of landing on Free Parking.