Capitalistic greed is the main problem in the U.S.

What is amazing is the inability of leftist to differentiate between freedom and fascism, and to make assumptions about costs that are based on little more than personal prejudice and ignorance.

 

Freedom to outsource jobs, import Black slaves in the past, and import Mexicans to take American jobs in the present?

Wow, I for one think such nonsense needs to be cracked down upon.

 

there is sir a difference between caring a blustering. If you actually cared you wouldn't be ranting you'd be trying to help set up a charity in your community that would insure that those needy children who needed an epipen could obtain. But that sort of thing is too much work for you leftist key board warriors.

 

IMO, Trump loves Trump and his family. He seems to like most Mexicans, black Americans and Muslims.

 

Not a single Democrat stood up to monopolistic
The happily benefit from big pharma
There are hundreds laws on the books that allow government to shut down monopoly. No one is available even raise the question about illegal and unsafe practices.

 

If only good intents were how the score was kept. My"greed" helps many more than your good intentions.

 

you are right.

 

There is nothing wrong with the freedom to produce your products at the lowest possible cost to your consumers. Corporations do not pay taxes they collect them from their customers. The only reason to tax corporations and other Businesses at all is to try to hide the true cost of government from those who actually pay for it.

 

Coming from a country where there is national healthcare, the government can chose to go generic - reverse-engineered medicamentation that is just as good, at a fraction of the cost, if it wasn't for the powerful pharmaceutical lobby, which acts throught "endorsed" practicians - another exemple of too much money being put to the wrong use, being put into killing capitalism, really, which is based on a sane competition.

There's a fallacy you are practicing here by equating innovators with capitalists or greedy people. You look intelligent, I'll let you figure out why exactly it is a fallacy.

We would be much better off without Microsoft, the Evil Empire, that is a certitude. Microsoft is a perfect exemple of 'cannibalism capitalism': Terrible product quality- and longevity-wise, almost no innovation of their own, they bought the competition they couldn't monopolize out and offered water-down products in their place, they cheated and yet (or maybe because of this) they were able to seize the market.

Jobs is another case: the guy was a hand-down visionnary, not a mere accountant/lawyer/actuary like the guy who replaces him. Like you wrote, capitalism is in fact dying for a good century now, being more and more subjected to monopoly and nepotism rather than competition and merit. We are in fact living in a neo-liberal economy, and as such we can safely say that it is dominated by laissez-faire from our corrupt political class, no matter the (siamese) parties.

It's too late now for governmental control: Soon, private corporations will grant their employees their own trans-border citizenship and will have their own trans-border armed forces. They are already more powerful than governments, in many ways, and end up manipulating them. Once again, too much money ends up buying un-desirable things. Our successive governements (of any partisan affiliation), for their own personal and private interests, ended up giving these private interests powers and ressources that used to be the people's.

There a couple of wise thing you wrote there. The tragedy, however, is that they were likely non-intentional.

 

So, it's okay to throw away jobs that would otherwise be given to Americans to foreigners?

Hmm, not very patriotic what so ever, to say the very least.

 

Sorry not what I said. Got some proof that those jobs would go to Americans?

 

And people who want something for nothing aren't being greedy?

 

If we can. If you could find somebody willing to hire you for a million a year, would you feel sorry for those people that can only afford to pay you minimum wage?

 

There's nothing capitalistic about patents and regulatory cartels.

 

No, greed isn't the problem. In every single case you mentioned the problem is government. The epipen could only increase it's price 400% (an increase from 100 to 500 isn't 500%, it's 400%) because the government created a monopoly by having more stringent requirements on its competitors. Drugs are more expensive here because we have stronger patent laws (which are why we have by far the most medical innovation in the world). Oil still costs as much as it does because the state and federal taxes are fixed amounts. The military industrial contractors get to sell for those prices because the government pays for it, not because the contractors ask for it.

Greed is not the problem.

 

Capitalism has lifted mankind up from abject poverty. There is no better economic system.

 

Patents encourage medical innovation in the same way giving them 50bn in direct subsidies would. It's simply a payoff.

I think this case demonstrates why such an unjust system of government monopoly is ultimately undesirable.

 

I think patents are actually a more effective measure than a direct subsidy - if you give a direct subsidy there is no need for the company to innovate well, whereas patents only offer rewards to companies that do innovate successfully. It's a tradeoff - I can see how the tradeoff might be worth it, but to blame "greed" for it is just silly, especially when the patent is one that should have long since expired. I see no problem with offering a single five year patent for a new product.

 

Perhaps yes they are more directed, but you are forgetting the billions upon billions spent on patent trolling. That has a massive impact on the industry. Additionally, big inefficient firms use patents to keep competitors out of the market.

Intellectual property unavoidably destroys physical property rights.

 

Well when your IP rights, gonna get violated... who you gonna call??? The Government!

Also lobbyists pretty much can't work without the government.

I suppose all, or at least most entrepreneurs and innovators are saints and angels in Canada and doesn't really care about the bucks they make? That's most definitely not how things go around here. Also. you failed to catch the point, greed is completely subjective. What you believe to be stingy, others consider luxury. What you considered a charitable act, will be considered typical greedy behavior on the other side of the earth. You head a charity and grand yourself a salary of just 25000 bucks annually. Pretty reasonable, right? Well that's a salary most engineers in Sri Lanka get in their dreams. To them, you are as greedy as you can be, after all, all you do is making phone calls and bookkeeping.

Also, I don;t just look fiercely intelligent.

Then their will be Microhard. Giantsoft. All sorts of other evil corporations. Meanwhile, why isn't there any substitute of Windows OS? OOOooh wait, government protection. And did you forget MS is the first corporation ever to enable untrained individuals, complete laymen to use computers, at a massive scale? And they are being richly rewarded for it, and their reward is being secured by the US government.

Can it happen without the helping hand of the government? You understand most patent of Apple & MSFT wouldn't worth jack squat if it were for US IP laws don't you?

We'll talk about laissez-faire capitalism in the US after we got rid of the IP laws and 90% of the government regulation.

You don't sound like someone who is 100% sane.

As long as they don't do business using guns and bombs, who cares?

Yea. Duh?? You think government existed working FOR YOU? Instead of corporations? Instead of a handful of social elites?

Then you must've misinterpreted my points altogether.

 

OK, the I will put it in a way that's completely down to earth and as succinct as it can get:

1. Capitalism is the only system known to man which channels greed to somewhere useful. You want big money? Start a business and serve others.

2. Unfair practices under a capitalist system can only be sheltered by the government. The government, as most people prefer to believe, is there to protect us. The problem is that this belief is often false, as a matter of fact, the exact opposite is true. Case in point: Nazi Germany, and America's provocation of Japan into attacking the Pearl Harbor.

3. America is a rather tolerant, healthy and benign society, when compared with most other countries in the world. Naive and kind people such as you can live their whole life without the need to get sophisticated, and they are, occasionally, getting used, often without even their own knowledge.

 

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Comment is irrelevant to the topic.

 

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Here's how it is, I gave my opinion and you rejected it. You gave me your opinion, and I rejected it. Any questions?

 

LOL no.

The problem is, I failed to see your point and you failed to reject mine...

Because my points make so much sense and they are irresistible. It's human nature to seek out truth. You figured out Santa wasn't real and you woudlnt' for one minute want to go back believing he existed. And you wouldn't for one moment believing Santa is real without feeling stupid.

 

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Once again, you show how actually uninformed and bias you are. You gave me your opinions, your opinions are NOT facts, no matter how much you want to believe they are. Moreover, your beliefs have been so ingrained in you, I can see why you don't understand other peoples points because you are absolutely incapable of it. Thankfully, I'm not you and keep an open mind however, such an open mind requires FACTS, which you have not provided. If you you want to convince others of your points, try using facts that you can verify and logic. I'm a capitalist. I make a very good living by helping my company maximize profits but NOT at the cost of greed and human misery, unlike you who justifies such greed which causes misery in the name of capitalism.