Comments on EconomicPolicyJournal.com: Goldman Sachs Is Not Capitalism: On a Very Confuse...

"the government works for the welfare of the corpo...

2009-09-08T21:59:50.667-04:00

"the government works for the welfare of the corporate entities instead of ordinary citizens."

Since ordinary citizens typically work for the corporation, then isn't the government working for the welfare of ordinary citizens by ensuring the welfare of the corporate entity?

Get a gun, and a brain...then all things are possi...

2009-09-08T11:39:04.352-04:00

Get a gun, and a brain...then all things are possible, :=)

leave him alone...he is human...lol

2009-09-07T18:52:10.983-04:00

leave him alone...he is human...lol

USA is not run according to principles of democrac...

2009-09-07T17:14:39.287-04:00

USA is not run according to principles of democracy or capitalism in the sense of free enterprise.

It is a fascist society in which control is shared by governmental and corporate entities.

It should be called a system of corporate socialism, since the government works for the welfare of the corporate entities instead of ordinary citizens.

The Nazi Party's 25 points - Anti-semitism = the s...

2009-09-07T17:11:27.949-04:00

The Nazi Party's 25 points - Anti-semitism = the socialist-left agenda for years.

German is an agglutinated language. "Nazi" is short for National Socialist Worker's Party or along similar lines. Goerge Reisman notes that national socialism is different from standard socialism only due to the fact that under national socialism the nationalization of the non-human

Yeah, right, Nazi Germany was a capitalist dictato...

2009-09-07T16:39:35.223-04:00

Yeah, right, Nazi Germany was a capitalist dictatorship. That's why the Nazis called themselves socialists.

Oh, wait, I keep forgetting. Socialists have been stealing terms (e.g. "liberalism") and changing definitions for decades -- any time socialism is exposed for its inherent barbarity, suddenly "That's not socialism, this over here is socialism."

Perceptive economic analysis and stunningly accura...

2009-09-07T16:22:24.007-04:00

Perceptive economic analysis and stunningly accurate predictions: ~1 comment average.

Healthcare or Michael Moore: Triple digits here we come.

Maybe you should post about Sicko and go for a record.

Nazi Germany was a fascist state, not a capitalist...

2009-09-07T15:51:14.807-04:00

Nazi Germany was a fascist state, not a capitalist state.

@Michael Labeit I don't think this is the regular...

2009-09-07T15:48:49.404-04:00

@Michael Labeit

I don't think this is the regular EPJ crowd.Some wacko lefty must have linked to it because EPJ dared to say something negative about their hero, Michael Moore.

A capitalist dictatorship would be Nazi Germany......

2009-09-07T15:46:40.436-04:00

A capitalist dictatorship would be Nazi Germany.....

Who knew that EPJ attracted so many kooks. Mr. Moo...

2009-09-07T15:37:39.306-04:00

Who knew that EPJ attracted so many kooks. Mr. Moore may not indict capitalism for any of the socio-economic problems he has identified because none of them have been caused by capitalism to begin with.

First of all, it is inaccurate to say the least to designate the U.S. as a capitalist nation. Capitalism is a social system based upon individual rights including the right to private

At least he is doing SOMETHING. What are YOU peopl...

2009-09-07T14:44:53.615-04:00

At least he is doing SOMETHING. What are YOU people doing??
Capitalism has many definitions, and what's more important, its definitions are changed whenever the "experts" feel like it. The "capitalism" of today is certainly NOT the capitalism of 1990s or 1980s or 1970s. or 140s or 1880s or 1770s yet it is ALL called "capitalism".
So Moore is right in

Bottled tap water is not a "positive" sign of capi...

2009-09-07T14:00:28.396-04:00

Bottled tap water is not a "positive" sign of capitalism. It is a scourge and shows the problem. Yuppie scum buying in to Western Media Imagery. Moore is a dunce but so is the author of this ridiculous right-wing missive.

Re: Free market dictatorships - The problem for a ...

2009-09-07T13:54:37.856-04:00

Re: Free market dictatorships - The problem for a would be free market dictator is that you can't rule alone, and you have to extract sufficient goods from your subjects to keep those surrounding you loyal. You also will have to prevent free assembly or your overthrow will be almost certain.

These issues and a lot more were covered in the book The Political Economy of Power by

http://www.youtube.com/watch?v=e3zo7zjYk2E I stro...

2009-09-07T13:26:38.684-04:00

http://www.youtube.com/watch?v=e3zo7zjYk2E

I strongly believe we need a federal reserve audit. The recent stock market action suggests to me the federal reserve is intervening in a free and open market. I believe the biggest beneficiary of this TRILLION DOLLAR stock market move in a couple of weeks was Goldman Sachs. Goldman Sachs sells derivatives in our equity markets its apparent

"but I'm not sure what a dictator under capitalism...

2009-09-07T13:21:21.070-04:00

"but I'm not sure what a dictator under capitalism would mean."

@Murphy

It's called China.

Capitalism is not evil. Moore just thinks we have ...

2009-09-07T12:39:28.938-04:00

Capitalism is not evil. Moore just thinks we have capitalism in the US. What Moore claims is US capitalism is really neoliberalism and fascism.

Pure capitalism is like evolution - failures fail. Had the US been the paradigm of capitalism Moore confuses with the neo fascist liberalism (remember fascism is not so much about a police state as it is the merger of alleged government and

A bit of a stretch. First, that laptop you're typi...

2009-09-07T12:24:05.998-04:00

A bit of a stretch. First, that laptop you're typing on is a result of a military industrial economy; socialism in its worst form. Second, economies - especially something as powerful as capitalism - can be political. If the govt is lined with free-marketeers, and bails out criminals and exacts the costs from the poor, then that sounds like politics to me. Third, there is no such thing as

Oh, and why did you find it necessary to make pers...

2009-09-07T11:52:28.168-04:00

Oh, and why did you find it necessary to make personal remarks about his appearance? Do you imply anything in particular by that? Unhappy Hobbit

If he is confused it is about what capitalism is. ...

2009-09-07T11:49:06.987-04:00

If he is confused it is about what capitalism is. It is the market being driven by supply and demand. It is not subsidies, wage or price limitations or welfare for the rich. In a true capitalistic system, the federal reserve board would never have existed. Happy Hobbit

@Bob Murphy I'm thinking of a situation where, sa...

2009-09-07T09:37:59.349-04:00

@Bob Murphy

I'm thinking of a situation where, say, you would become dictator and in charge of the police and military.

Couldn't you dictate free markets? And just to prove you had dictatorial powers, couldn't you have arrested anyone who advocated, say, bailouts of the banking system?

As usual, Michael Moore is a little confused. It's...

2009-09-07T09:34:26.907-04:00

As usual, Michael Moore is a little confused. It's sort of like blaming the holacost on Europeans --technically correct but a vast over-simplification. Those whom Moore implicates are capitalists, but to imply that capitalism was what they were practicing is either intentional confusion or ignorance.

Moore isn't confused. "Economic democracy" has lon...

2009-09-07T08:26:03.701-04:00

Moore isn't confused. "Economic democracy" has long been a code word for socialism.

I generally agree with your point, RW, but I'm not...

2009-09-07T00:02:35.194-04:00

I generally agree with your point, RW, but I'm not sure what a dictator under capitalism would mean. His dictatorial powers would have to be pretty circumscribed for us to still call it capitalism (as opposed to fascism), right? E.g. the dictator couldn't tell companies what they could pay their executives, and he couldn't send political opponents to labor camps.

I get that

If Michael Moore wants democracy, then he wants ru...

2009-09-06T22:29:04.931-04:00

If Michael Moore wants democracy, then he wants rule by the majority. Of course, rule by the majority runs the risk of becoming majoritarian tyranny as under a genuine democracy, all things including laws and public policies are subordinate to majority will. So instead of a specific economoic system (capitalism, socialism) Moore would simply have the majority choose a socio-economic configuration