Red pill me on capitalism /pol/.
If capitalism is so good. Why does it go through a depression every 10 or so years?
>>69703480
Capitalism might undergo a depression once every 10 years, but socialism goes true a depression continuously
>>69703704
Venezuela is a Petrol state that lost its Petrol.
>>69703480
Because the socialists among us get fat and bored and try to fux it all up, at which point everyone realizes whence their bread is buttered.
>>69703480
> OP image
In a socialist country there'd be no need to ask for spare change in the first place. What the image represents is capitalism, complete with a thieving cunt politician who could spare the change himself but won't.
>>69703480
The US hasn't had a depression since the 30s. We've had recessions, which are just "failures of the economy to grow for a year or two".
It says a lot about how successful capitalism has been that we treat a failure of the economy to grow as such a crisis.
>>69703480
Because capitalism is the exact same pic without the poor person receiving the money.
>>69703704
>but socialism goes true a depression continuously
Not really, from 1928-1989, with the exception of WW2, the USSR grew every year.
Planned economies work well. No doubt someone will say Stalin killed 600 gorillion, ignoring that Russia had famines for centuries before the Bolsheviks finally ended it through mechanisation and collectivisation.
Productivity skyrocketed in anarchist Spain when the workers seized the means of production. Franco needed Italy and Germany to bail him out.
The reality is socialism is simply a superior mode of production, as capitalism is superior to feudalism. Capitalism is great at production for profit, but it will never satisfy everyone's needs.
>>69704998
You're so far removed from reality it's amusing.
You are the textbook definition of an indoctrinated Useful Idiot.
>>69705255
Into the gulag you go faggot.
It crashes every 20 or so years because of a set of policies put in place by Reagan called Neoliberalism (that's economic liberalism, not social). Basically (and I'm over simplifying this), the government deregulates buisnesses, the buisnesses grow and outpace consumer demand (exaserbated by worker wages being suppressed) and the whole "bubble" pops. The governmnent passes a huge stimulus package and sticks tax payers with the bill. And the whole cycle of corprate welfare starts all over.
>>69704998
Unlimited olive garden breadsticks are the Achilles heel of centralized economies
>>69703704
Where condoms cost 1000 each.
>>69705322
Useful Idiots always go first.
whenever a conservative squawks about muh free market, you should automatically assume they are a fucking liar and hypocrite.
Depression comes because of government intervention 99% of the times
cronyism or the government being retarded, every single time.
>>69704998
>anarchist Spain
Eh. Interesting that there were originally two branches of socialism, the anarchist and statist. Socialism is now usually associated with statism and centrally planned economies. But very few socialist countries are actually that. Most are mostly capitalism-based still. You'd be crazy not to recognize the importance of the free market nowadays.
Even the US is better described as a "mixed economy" than a capitalist, free market economy too. And their people don't even get any of the advantages of socialist countries.
>>69704998
have you read George Orwell's "Animal Farm"?
>>69705512
except thats wrong your retard.
government does not deregulate they CHANGE the regulations. as an example for the housing crisis which triggered the '08 crash was started because leftist fucksticks wanted to give poor dindunuffins a house so they promised to guarantee loans for "low income" families. When they did this the banking/loan model changed dramatically. Bankers no longer had to assess risk when loaning out money they got paid by the loan recipient or they got paid by uncle sam if the loan was reneged. So it was no longer loan to the right people with good income who can pay you back it was all about loaning to as many people as possible and collecting the interest on all those loans. that is was started this ball rolling not the derivatives bullshit.
>>69706628
probably the most shilling that has ever born a book.
>>69704998
>from 1928-1989, with the exception of WW2, the USSR grew every year.
Then why did it fail?
Honestly the second image is capitalism although replace the bum with a corporate industry lobbyist.
>>69707072
Way ahead of you Anon.
y'all niggas need sowell
http://altfeldinc.com/pdfs/BASICECONOMICS.pdf
>>69704998
Any economist will tell you planned economies do worse than the free market
t. Thomas Sowell
>>69707072
>lobbyist
So the bad part of capitalism is caused by government intervention in the market?
>>69704998
So much production you had to wait in line for it.
>>69707072
You're not talking capitalism any more, now you're mixing capitalism with a corrupt government system
Every fucking time... could a liberal understand a concept or stay on topic FOR ONE FUCKING TIME?
>>69706714
Basically this, big business lobbies for regulations to keep out competition
>>69709510
You act like economics isn't a highly biased/political pseudo-science.
>>69709671
>>69710109
I should have made the distinction between real life capitalism and fantasy land capitalism that has never existed anywhere ever outside of maybe Somalia and some Cato institute faggot's wet dream.
>>69703480
Capitalism increases the velocity of money and due to the "job creators" taking a 3% cut off of every transaction you make the whole money ends up faster on their accounts.
>>69710745
Therefore you advocate fantasy land socialism run by intelligent, incorruptible bureaucrats?
>>69710513
It actually isn't if you look at what actual economists say. Most agree on most things. The ones you see on the media belong to a vocal minority. Real economists are actually doing economics.
>>69711048
Tertium Non Datur
>>69707072
>capitalism is bad when it is corporatism and not capitalism
k
>>69711218
Most work within the framework of the system which pays them.
>>69703480
We haven't had a depression in almost a century.
Capitalism isn't something you can 'red pill' because what we have in the US isn't capitalism. Kind of like how China isn't communist despite all their lip service to the idea.
>>69705534
I will be going to Olive Garden for one of those breadsticj sanwiches.
Capitalism is a system that initializes values into real world by human interraction.
>>69703480
Depressions occur because a lot of decisions businesses and people make are not based on an accurate picture of reality. This is not anyone's fault. It is actually impossible to have the full picture, so sometimes a lot of people err in the same direction and divert resources to things that are not needed. Since frictions are a thing, adjustments are costly and you have a recession. This is why these crisis are mostly unpredictable. They have an inherent randomness in them. Anyone who tells you crisis are predictable is fooling you and himself.
The main advantage of capitalism is that it has an accurate portrayal of human nature. It doesn't fuck around with appearances. It gets incentives right. We are inherently selfish and capitalism allows our selfishness to work in benefit of everyone because value created by us is value provided to us in the end, so people most of the time are working for others whilst they work for themselves.
>>69711515
The wealthy collectivizing to manipulate governments and markets in their favour existed in Adam Smith's time, and will always exist within a capitalist system.
>>69704998
>people out there actually believe this
Because human beings aren't and can't be perfect. It's really that simple.
>>69712051
>implying that's capitalism
>>69703480
Capitalism means free exchange of goods and services, central banking is not actually capitalism, centrally planned economy is socialism.
And that's responsible for those depressions
>>69712349
Show me an economy of scale (not Hong Kong or the Cayman Islands) that has or does exist that is free from market interference.
>>69703480
Humans, and really life in general, operate in cyclical patterns.
>>69704811
>In a socialist country there'd be no need to ask for spare change in the first place
Spotting the "socialism has never been tried" guy is real easy sometimes.
>>69712502
>Capitalism means a free exchange of goods and services
What you're describing is markets.
>>69710745
>he has no concept of post-mercantile economies in western europe in the 19th century, nor merchant-dominated city-states in italy and the netherlands 17th c. onwards
wew lad, sure glad you know your history
>>69703480
Capitalism goes through depressions when the market is unregulated, depressions are a means for some people to get filthy rich on the backs of others losing all their wealth
The way to prevent depressions is regulating exports, imports, and financial services
But as other anons have pointed out, you might have a recession every 10 years or so in a free market capitalist economy, but you have a never ending recession in a planned economy
Well Austrians would argue that the frequent booms and busts are due to government intervention in the marketplace and manipulation of interest rates, and not an inherent product of the free market. But I suppose that's a different thread.
Nobody has claimed it's flawless, but people who live in capitalistic economies tend to enjoy better standards of living than those who live in socialist (and I'm not talking about "social Democracy" but true socialism) ones do.
>>69714058
Austrians are an internet fad.
So we have that free markets cause depressions every 10-20y, and at the same time we have that free markets don't exist.
Pick one already, you indecisive cucks.
>>69713480
I do, usually markets were pursued once a comparative advantage was achieved. I.e. The British textile industry. You have to ask yourself though how this comparative advantage was achieved.
>>69712536
>show me something besides these two things that prove me wrong.
you'll never be as good as australia at shitposting,canada.
>>69714597
You fail at reading comprehension
>>69714058
Can we compare Cuba and Haiti? Or the Phillipines and Cuba? Usually when people make these comparisons its always apples and oranges.
>>69715464
Or how about some even more apples to apples comparisons, Russia under USSR vs Russian Federation. Chile under Allende vs Chile under Pinochet.
>>69711884
Capitalism only works when government interference is at a bare minimum. If the government gets too involved they subsidize certain things which creats a false impression of growth in the market which is what creates a bubble like the tech bubble or the housing bubble. Its a bull market artificially created because stupid and/or corrupt politicians stuck their hands where they do not belong
when they passed that "give every nigger a house" law it dramitcally inflated banking loans for houses which dramatically increased the number of people "buying" houses (didnt actually by the house just got loaned money to by the house" this increased the demand for housing which caused housing priced to skyrocket which caused the profit from build and selling houses to skyrocket which caused people to invest in the new growing market to make fast cash.
it was a house of cards that was 100% created by the government but Socialist/communist faggots with no understanding of how these things actually work will blame deregulation of savings and investment banks as the ultimate root cause when the derivatives fiasco would never have happened if there was to artificially housing bubble created by the government IN THE FIRST FUCKING PLACE!!!
Liberals should be shot they are simply too stupid to be suffered to live
>>69716600
You mean comparing a government who's economy it was implicit U.S. Government policy to "make scream" and a government that had full financial backing despite the fact it murdered thousands of it's citizens in a US backed coup?
If you measure quality of life purely in terms of possessions Russians on average Russians have a better quality of life now vs in the Soviet Union but other measures indicate the opposite. It really depends on who you ask there.
>>69705628
because of socialism
>>69703480
Jew economics.
>>69717424
>>69717393
Yeah, the U.S. did some shitty things, like the CIA-backed coups. But that's what we do, we're an alpha-as-fuck capitalist country, not some cuckshed with a leaf flag that tries its hardest to pretend to be a European country.
>>69703480
if socialism is so good then why do flowers die every winter?
>>69703480
No system works because there are always a need to change - tear down and rebuild or hou will see stagnation.
>>69717635
I guess being alpha means being fucked in the ass by your masters who tell you they're doing it because they love you. That's all patriotism means, it means being a cuck to elite interests and never questioning their pure intentions. I'm not a cuck to my state, I call my state a criminal when it acts criminally.
