Your Ideal Economy

[IFB No More]

What is your idea of an ideal economy?

[Tony Mel]

Capitalism is redeemable only when it is checked and balanced by an entity more powerful than itself (eg. the collective power of the people in the form of a government). If the government does not harness private companies, they will abuse the people (eg. low wages, subpar quality, dangerous conditions).

[Don]

(04-09-2011 12:29 PM)IFB No More Wrote:  What is your idea of an ideal economy?

I own it all... it's good to be da King!

[Ricardo]

Child labor, six days of work, 12-hour days, Asbestos, black lung, working alarms, emergency doors that are not locked. If left to their own devices, Capitalists are REALLY bad.

(Same with State Socialism. the lack of competition and independent checks and balances have created a bloated bureaucracy in Cuba, Venezuela, as in the now defunct Soviet Union.)

The ideal Economy, IFBNoMore, is one that is allowed to evolve through the checks and balances of democracy.

In Wisconsin we got rid of the right of lawyers to review the reports from possible abuses in nursing homes. Progress? We will see. We may have to reintroduce later all those regulations the current Republican governor is eliminating.

But, as long as we don't think that we are done now, or ever will be done, then we are OK

[Tony Mel]

(04-10-2011 09:53 PM)Ricardo Wrote:  But, as long as we don't think that we are done now, or ever will be done, then we are OK

Well Ricky, it seems like we could work in the same Cabinet.

[Ricardo]

When I get real dogmatic, I go backc to http://www.desdecuba.com/generaciony/ to remind myself that even the best of intentions can get really screwed up.

[UptownHippie]

I don't see "hippie commune in the middle of nowhere, left the hell alone" on that list ...

[Soli Deo Gloria]

I'm from Canada so I appreciate Health Care and other government programs, but I'm also a fan of a free market (albeit a regulated one).
So I'm not entirely Capitalist or Socialist (because of extreme examples on both sides).

I would say my knowledge of all the issues is not very broad though, so I generally avoid discussions about issues like this...

[FormerFundy]

(04-11-2011 06:59 AM)Tony Mel Wrote:  

(04-10-2011 09:53 PM)Ricardo Wrote:  But, as long as we don't think that we are done now, or ever will be done, then we are OK

Well Ricky, it seems like we could work in the same Cabinet.

Yep, both of you seem to be our revolucionarios comunistas. You would make comandante Fidel very happy.

I guess that puts me in the pitiyankqui club....Free Market Capitalism for me, thank you very much.

[Annie Moose]

I generally am in favor of businesses being left to their own devices, but certainly with some government controls giving basic rights to workers and anti-trust laws. We certainly don't want to go back to the way industry was at the end of the 1800s or early 1900s! On the welfare topic, I'm not against welfare, as some people genuinely need it, but I would be much more in favor of some sort of program in which people do work for the government in exchange for their welfare money, something maybe like the CCC and other programs from the Great Depression? That way, everybody benefits!