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  1. #1
    Unpaid WDF Intern TheGAME1264's Avatar
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    If you have never heard of Dr. Yaron Brook or heard him speak (and you don't follow me on Facebook), you should see this video. A few weeks ago, this man gave a lecture on the real definition of capitalism and how it was intended to function. I happened to be there for this particular lecture, and it was one of the rare times I couldn't find a question to stump the guy afterward when the Q&A took place...if I can't do that, the guy's for real.

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  3. #2
    Senior Member kralcx's Avatar
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    free enterprise vs capitalism

  4. #3
    Unpaid WDF Intern TheGAME1264's Avatar
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    Not exactly. Capitalism is free enterprise. Anything else isn't capitalism in its truest form and has been grossly misrepresented as such.

    Basically, the determining factor is government involvement. True capitalism exists with none. Web design, development and marketing are about as close as it gets to true capitalism as a result.
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  5. #4
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    What's seems funny to me if the rich multi nationionals control most of worlds money, recources & power, and are able to influence governments worldwide with their political donations and control of mainstream media. And this is the result of Capitalism / Free Enterprise which continually promoted as the best system their is.
    I don't understand why having government involvement in the means of production (ala communism) is seen as such a bad thing, for the last 200 yrs the capitalistic driven industrial revolution has just about wrecked this planet. So clearly there needs to be an alternative.

  6. #5
    Senior Member Webzarus's Avatar
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    Quote Originally Posted by petergoeswest, post: 251384, member: 36364
    ... I don't understand ...

    exactly

  7. #6
    Unpaid WDF Intern TheGAME1264's Avatar
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    That's exactly it, Peter...they're able to control it because of government involvement, and that isn't free enterprise and never was. Take for example the US industry automotive bailout...why should a government get involved when at least one of the auto manufacturers horribly mismanaged their operations and ran itself about as inefficiently as an operation could? There's no reason for that other than "jobs", jobs which historically tend to be shifted to competitors and to other industries as the money is still there, as it is always being printed in greater quantities than is destroyed...one of the greatest fallacies in a free market is that there is "less money", when nothing of the sort is true.

    The same can be said of the "Marketplace Fairness Act", an absolutely ridiculous piece of overreaching legislation based on the lobbying of those very companies you're talking about. Other companies found a free marketplace and took advantage, so large brick-and-mortar retailers decided to complain and got government to intervene as a result.

    The reason both of those are significant? Both of those are exactly what is being discussed...a government that is the "non-capitalist" alternative kowtowing to the needs of big business. The US Democratic government is the socialist party of choice. That means they should be looking out for the people. So why aren't they? Because they aren't any different than the right-wing capitalist poser party of choice. It doesn't matter if the government is Democratic, Republican, Liberal, Conservative, New Democratic, left-wing, right-wing, whatever...they're all corrupted by paranationals on some level, and the problem is that we as a society blame the system rather than the individuals and groups ultimately responsible.

    (By the way, if it seems like I'm picking on the US government, I'm not...there are plenty of examples of this throughout history across governments of all countries. These are just two of the better examples, that's all).

    If you want to understand the difference in another way, think of capitalism ... real capitalism, not the bastardized version you mean ... as a trade by which all parties benefit. And let's use a very practical example from web design and development...advertising, specifically Google Adsense. I'm going to be the example, because I don't know of anyone else on here who actually uses Adsense, althogh it applies to anyone who does. When I signed up for Adsense, and as part of my Adsense contract, I receive 68% of the revenues generated from the Adsense ads I run, and 51% of the search result Adsense revenue. That means Google gets 32% and 49% of those revenues, respectively. Google's gain is obvious...they get 32% / 49% for being the middleman. My gain is that the 68% / 51% I gain from Google is greater than the 100% I would gain from selling the ads myself right now. I also control where, when, and how I display the ads. Both sides are several thousand dollars richer, everyone goes into the arrangement with their eyes open, no one else's rights and freedoms are in any way infringed upon, and that, right there, is capitalism. It's not corporate-corrupted statism...sometimes referred to as cronyism, but I don't think that term applies here personally. Google has all but cornered the market on publisher solutions, but they've also earned the right to because they've traded openly, transparently, and fairly. I don't know about you, but I wouldn't want a government dictating to Google what percentage to give to webmasters and how and when to present ads and how many PSAs they have to show or anything else.

    The "wrecking the planet" thing comes up in the video...someone actually asks that question, and specifically pertaining to an iPhone and 81 gallons of water (which has to be a made-up statistic, but it's there). it'll be I believe around the 1 hour 5 minute mark. The Industrial Revolution is brought up as well. The short version is that a lot of it is guesswork, and a lot of the environmental theories are just that...theories. That doesn't mean we should go around chopping down trees and killing animals for no good reason, and there is some legitimate business benefit to being environmentally conscious...but it does mean that environmental crusaders have a historically poor track record.

    Hopefully that clears up some of it. Again, watch the entire video with an open mind, including the Q&A...there are some devil's advocate questions and a complete d-bag one where the guy takes about 10 minutes to come to whatever non-point he makes. Everything is explained objectively, rationally, and sensibly.
    Ronald Roe likes this.
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