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RichGirl

(4,119 posts)

38. Saw George Seros on Charlie Rose a while back...

Reply to 99th_Monkey (Original post)

Thu Mar 26, 2015, 07:55 PM

Mar 2015

He was asked...which is best Socialism or Capitalism. His answer was that either one would work out fine if the people at the top care for the people at the bottom. And no form of government works out if people at the top don't care about people at the bottom. Makes a lot of sense to me.

Each of the 3 heirs of Walmart are worth 40 billion...yes EACH one! If they cared about their employees they would pay them a good living wage, give raises, over-time, paid vacation, healthcare, pension.

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Is it Socialism or Capitalism that sucks? [View all] 99th_Monkey Mar 2015 OP

It depends on how you define socialism and capitalism el_bryanto Mar 2015 #1

Stop making sense FrodosPet Mar 2015 #2

Bottom-up Democratic Socialism geared to leverage Worker-Ownership 99th_Monkey Mar 2015 #3

Well said. n/t Throd Mar 2015 #5

I agree with you. Liberalynn Mar 2015 #18

Yes... sendero Mar 2015 #36

K & R !!! WillyT Mar 2015 #4

Both are capable of sucking. How systems are implemented matters. Throd Mar 2015 #6

I elaborated some on that here ... 99th_Monkey Mar 2015 #7

Leave the private sector in place for the "options" of life and luxuries. hifiguy Mar 2015 #16

Watches do not cost $10K in Basque, Spain 99th_Monkey Mar 2015 #17

Both suck without serious checks and balances. NCTraveler Mar 2015 #8

Feudalism and slavery (the two economic 'systems' that preceded capitalism KingCharlemagne Mar 2015 #9

Serfdom and slavery can easily be a part of regulated or unregulated. nt. NCTraveler Mar 2015 #10

Sorry, meant to say 'feudalism' (not 'serfdom'). Now edited to KingCharlemagne Mar 2015 #11

History of implementation and changes...... NCTraveler Mar 2015 #27

haha, not PowerToThePeople Mar 2015 #12

I think you replied to the wrong post. NCTraveler Mar 2015 #20

no, I did not PowerToThePeople Mar 2015 #23

No thanks. NCTraveler Mar 2015 #24

you are incorrect. PowerToThePeople Mar 2015 #25

Capitalism is the chief cause of socialism and vice versa. RadiationTherapy Mar 2015 #13

I'm not sure about that 99th_Monkey Mar 2015 #14

I don't know. My grasp of western economic history is not that great. RadiationTherapy Mar 2015 #15

I think we're on the same page 99th_Monkey Mar 2015 #31

The answer to that question is "yes" Spider Jerusalem Mar 2015 #19

Concepts are implemented by people. NCTraveler Mar 2015 #21

Politicial Communism isn't economic socialism Matrosov Mar 2015 #22

Precisely! A democratic socialist government subsidizing worker-owned co-operatives 99th_Monkey Mar 2015 #30

Capitalism doesn't work. RedCappedBandit Mar 2015 #26

the problem is human greed Amishman Mar 2015 #28

So you're saying every socialist is 100% ethical? brooklynite Mar 2015 #29

Of course not. 99th_Monkey Mar 2015 #34

An important difference in how they appeal to self-interest Matrosov Mar 2015 #32

great explanation! n/t PowerToThePeople Mar 2015 #37

It's over-population that sucks for any and all economic systems. randome Mar 2015 #33

They both have pros and cons N/T Dpm12 Mar 2015 #35

Saw George Seros on Charlie Rose a while back... RichGirl Mar 2015 #38