The thing is, that is capitalism. The government gets more money by having that rate of poor than it would if it had fewer poor.

Agree with you completely, which is why it's so frustrating being mobbed by brainwashed, low-IQ kids with their bubble gum quotes about how capitalism is the saviour of mankind.

Per homeless person per night in Canada, the government gets about $600 in services. They get to use the homeless to get that in tax and increase their "officers" while keeping the people homeless

Very interesting. Thank you for posting.

"Capitalism" worked for a long time. Made many people very, very rich. Accelerated economic growth more than any other model ever has. But we have reached a point in our economy where Capitalism has stopped being beneficial to the majority, and is actually stagnating society and preventing it from evolving

Perfect analysis. Capitalism, like military fascism, works great over the short term. But the longer you use it, the more the present economic order becomes entrenched and immovable.

It's simple really. If you don't want poverty, make it go away by sharing. If you want to complain about poverty, or stand on a higher place and pee down on poor people, then don't share but instead call them names like grubbers or cockroaches and then turn sharing into an ugly word like 'socialism'.

Good post, and completely accurate. That's exactly what these people do. If it's good for you then they'll find a way to make it sound bad.

Whoa there, what we see today is a bastardized ion of capitalism called corporatism.

I hear this argument a lot. It simply isn't true. The faults with capitalism are integral to the system itself. It's just another poor defence of a deeply flawed system to say, "Oh, it should work but we messed up". Nobody messed up. Capitalism does what it is supposed to do, and that's drain resources from the lower classes and transfer them to the higher classes. Corporatism is a natural by-product of capitalism because the elite have a common cause (i.e. to stay elite). It leads to mergers, buyouts and price-fixing scandals like we saw with the UK supermarkets not long ago. The existing market forces strategically conspire with each other to maintain control and dominance over their respective industries. The idea that they are even in competition is a lie. They don't need to be once they reach a certain size.

Our founding fathers did a pretty damn good job of preventing this from happening but some knew it would be inevitable. Power corrupts. Some great men like Jefferson knew this and warned of the inevitable.

Yes, you are absolutely right. Power does corrupt. And the problem is that capitalism is a system based exclusively on acquiring economic purchasing power.

capitalism has done more for mankind than any other type of power structure

No, it hasn't. Jesus Christ, just where do you even get these ideas from? What evidence do you have that anything mankind has achieved in the last five hundred years is because of capitalism? You have no evidence. You're just repeating stuff you've been brainwashed with since the time you were six years old. Don't you think that a Soviet citizen in the 1970s or 1980s would say precisely the same thing about Communism? You've been so ideologically indoctrinated that you seem to genuinely believe there was no technological evolution before capitalism.

for the fact that it recognizes greed as human nature

Another total fucking myth. Man is a product of his environment. He is not greedy until you put him into a system which rewards him for being fucking greedy. There's no such thing as "human nature" in the first fucking place. It's a myth that capitalists use to con you. They show you the way man behaves after thousands of years of being conditioned into capitalism, and then fool you into thinking you'd be that way without capitalism!

1) Capitalism has not brought anybody out of poverty. That is not how it works. The country has finite resources, which means that every time someone takes more, someone else consequently gets less. Those people have increased poverty for those they left behind.

2) Even by your own warped standards, military fascism has been more successful at bringing people out of poverty than market capitalism. Nazi Germany, for example, escaped economic poverty far faster than any of its capitalist counterparts. This was proven by Francis Fukuyama's 1992 analysis of the 20th century economy:-

https://en.wikipedia.org/wiki/The_End_of_History_and_the_Last_Man

Actually, it brought me out of poverty. I'm still wanting for a little overdue dental work, but all in good time. :)

I meant that the equation is balanced. Your sudden wealth both increases poverty for those left behind and it makes it more difficult for them to acquire wealth of their own. Everybody can't be rich otherwise being rich wouldn't have any meaning. You wouldn't have any more purchasing power than the next person. Your wealth is paid for by the poor.

hahaha!

Prove it. :)

Inflation proves it. The more profit which is generated, the less the currency is worth, which has an inverse square relationship to how poor you then subsequently become.

That's not how inflation works.

Deliberately vague, generic, and false.

Many often ask why governments don’t print more money to deal with the problem of National debt. The reason is that printing more money doesn’t increase economic output in any way – it merely causes inflation.

http://www.economicshelp.org/blog/634/economics/the-problem-with-printing-money/

Cool. Thanks for just admitting you like to eat raw poop.

what you refer to is known as a 'Zero Sum Game'

Thanks. I love it when people condescend to me with terms I am fully aware of the meaning of. Finding a different way to explain something doesn't necessarily make explaining it another way wrong. Perhaps someone should have taught you that at Harvard.

and what capitalism promotes is growing the pie.

That's a particularly selective (i.e. dishonest) way to put it. Capitalism promotes the people in the upper classes using the people in the lower classes to bake pie for them. We are told in economic theory that they will then be generous and give us some pie back. The same pie we baked and they simply took from us.

This was not meant to be condescending just informative. If it came across like that I apologize.

No problem. I apologize too. I have an unfortunate habit of jumping down people's throats first and asking questions later.

Sorry buddy.

Peace.

You just linked me a wiki article of the writings of a follower of Marx

No, I didn't. Fukuyama is a capitalist. But thanks for letting everybody know you have your smear attacks prepared in advance.

I think's it's clear to anyone what your agenda is.

I think it's clear that you are irony impaired.

Don't burst the leftists bubble, they need to demonize capitalism because otherwise they might have to confront the real reasons for their poverty

Ah yes. That old beauty. Poor people are poor because they deserve it. I love that one.

Leftists claiming that poverty is caused by capitalist oppression.

Are you saying that poverty isn't caused by segregating and/or hoarding the wealth? The very basis of capitalism? Lol. This is getting fairly bizarre. How can I even be poor unless others are rich? It's impossible.

Correction: long live Banksterism.

It's the same thing, brother. Capitalism is the incentive. Banksters are the result.

Correction: long live Banksterism.

It's the same thing, brother. Capitalism is the incentive. Banksters are the result.