Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
How Capitalism Help Build Socialism or..........
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="wkmac" data-source="post: 814380" data-attributes="member: 2189"><p>In 1954', Norman Dodd, investigator of the US Senate's Reese Commission charged with investigating the many tax exempt foundations interviewed H. Rowan Gaither who at the time was President of the Ford Foundation. He's alleged to have said the following to Mr. Dodd when asked just what purpose the foundations exist for.</p><p> </p><p> </p><p> </p><p>Now whether one believes this took place, believes it from some contextual POV is up to the person who reads it but from our historical perspective nearly 57 years later, regardless of intent, this did indeed come to past at many levels. </p><p> </p><p>As it relates to your comments and China, whether 20, 40 or more years from now I do think based on our current course and observation of events, your analysis has much merit!</p><p> </p><p>OK for my smart ass moment and not directed at you so much bbsam.</p><p> </p><p>Now where the whole thing gets interesting is how long does it take to convert the entire world to consumerism to absorb capitalism's need to generate excess surplus in order to drive profits ever higher in order to satisfy a monopolistic market system? I say monopoly in reference to try and sell your own stock shares out of your house to a friend or neighbor in the same fashion you would a piece of used furniture, computer or hammer, opps there's my free(d) market again. You do own those shares as your own property do you not? Then why does a private 3rd party get to dictate terms of transfer that also allow for rent seeking? That kinda capitalism if free market? Really? </p><p> </p><p>What happens when the current economic model we call capitalism eg consumerism reaches it's global saturation point, what then? Still generating surplus but whose to buy it? Where are the next consumers to be converted? Mars maybe? Oh you'll be dead you say. Really? Are you sure you have that long into the future? How then do you explain the current global economic turmoil? Were all the countries of the world engaging in real estate financing scams too? Hmmmm!</p><p> </p><p>What have we not been told!</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 814380, member: 2189"] In 1954', Norman Dodd, investigator of the US Senate's Reese Commission charged with investigating the many tax exempt foundations interviewed H. Rowan Gaither who at the time was President of the Ford Foundation. He's alleged to have said the following to Mr. Dodd when asked just what purpose the foundations exist for. Now whether one believes this took place, believes it from some contextual POV is up to the person who reads it but from our historical perspective nearly 57 years later, regardless of intent, this did indeed come to past at many levels. As it relates to your comments and China, whether 20, 40 or more years from now I do think based on our current course and observation of events, your analysis has much merit! OK for my smart ass moment and not directed at you so much bbsam. Now where the whole thing gets interesting is how long does it take to convert the entire world to consumerism to absorb capitalism's need to generate excess surplus in order to drive profits ever higher in order to satisfy a monopolistic market system? I say monopoly in reference to try and sell your own stock shares out of your house to a friend or neighbor in the same fashion you would a piece of used furniture, computer or hammer, opps there's my free(d) market again. You do own those shares as your own property do you not? Then why does a private 3rd party get to dictate terms of transfer that also allow for rent seeking? That kinda capitalism if free market? Really? What happens when the current economic model we call capitalism eg consumerism reaches it's global saturation point, what then? Still generating surplus but whose to buy it? Where are the next consumers to be converted? Mars maybe? Oh you'll be dead you say. Really? Are you sure you have that long into the future? How then do you explain the current global economic turmoil? Were all the countries of the world engaging in real estate financing scams too? Hmmmm! What have we not been told! :wink2: [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
How Capitalism Help Build Socialism or..........
Top