Comments on: The Dow at 36,000 and the end of history http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Anne Marie http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-11254 Fri, 27 Mar 2009 22:24:34 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-11254 The countries that fulfill the promises of socialism are the Scandinavian capitalist welfare states, which invest the surpluses created by the market in education and social services that eliminate absolute poverty and create a highly skilled population. There’s capitalism and there’s capitalism. The boom-and-bust capitalism of corporate high-flyers triggered the current crisis. Will its reverberations trigger instability around the world? The largest economies in the most affluent countries will probably chug back to life, fueled by government bailouts–or what conservatives termed “handouts” when given to the poor. Perhaps we will all learn a little something from this socialism-for-the-rich-capitalism-for-th e-poor object lesson.

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By: John Smith http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10427 Fri, 20 Mar 2009 14:46:32 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10427 Why do people keep saying that capitalism has failed, just because we had a recession?

Its just like saying meteorology has failed, just because you don’t like rain. And just as smart.

This wouldn’t be a problem if more people learned economics in high school…

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By: Jason P. http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10346 Fri, 20 Mar 2009 00:26:33 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10346 Jon and everyone who agrees with him are defeatist. Yes I make that bold claim and I will explain why. What is capatalism? Yes it is the most optimal form of social order we know of, but it is a human construct. As such it can be improved, it can be honed. Because there is a huge crash in the global economy does not have to be the natural order, but rather we make it such. I believe capatalism does not need to change much, but like a corporation a nation too must be selfish about protecting its long term interests rather than letting corporations do whatever they want to suit a set in stone ideology.

A Roman emperor could tell his subjects that there is only an emperor and that is the natural state of things, but today we know that there is a smarter way to be for all people.

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By: Attila http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10324 Thu, 19 Mar 2009 22:37:17 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10324 What we need is a good old fashioned military dictator in the USA. A round or 2 of Fascism to rid this great country of all the greedy, corrupt people who have it on the brink of collapse. Capitalism is not to blame, any more than Communism was in the old Soviet Union. Basic human nature is to blame. How long till Hale Bopp returns? I am getting my purple velvet ready!!!

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By: Lee Salter http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10272 Thu, 19 Mar 2009 19:59:22 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10272 Jon, you are one of a dying breed. Reality is too real for sane people to deny. Capitalism does this. This IS capitalism. It is not socialism, Obama or some weird Democrat housing plan. Over the past 30 years we have had Thatcher, Regan, Blair, Clinton and Bushes. ALL have tried to “free” the free market, but that just encourages corruption. Face it, either just accept that capitalism is not particularly efficient, effective or just and tell us to like it, or accept that it should go. PLEASE don’t try to blame some inappropriate tinkering. Capitalism never had it so good, and capitalism has never had it so much its own way. It failed.

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By: Steve http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10130 Tue, 17 Mar 2009 21:32:46 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10130 Jon said, “The only time captialism [sic] has issues is when too many outside forces interfere with the natural market progressions.” Oh really? So the natural market progression of monopolies and cartels is not an “issue”? The fact that corporations will lie, cheat, steal, and bribe their ways to the top if unchecked by government is of no concern to you?

Wake up! Capitalism needs government intervention to work properly! There has to be a balance achieved between letting capitalism have its necessary freedoms while ensuring that competition and treatment of the consumer stay fair. Right now, I think the government is destroying capitalism on one side and letting it run wild on the other.

I blame stupid or apathetic voters, and corrupt or stupid politicians.

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By: gunnar http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10117 Tue, 17 Mar 2009 15:40:38 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10117 What is needed for running water, schools, hospitals, and food enough for all humanity is a sum that corresponds to the amount spent by us on perfume in a year.

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By: carl http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10114 Tue, 17 Mar 2009 15:02:07 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10114 When government restricts or attempts to remove the core of a nation, which is the individual, that nation will slowly regress and disolve into a dark age. Read back in history and you will find that the freedom of the individual in all aspects of his life is wear greatness and innovations are born.

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By: travguy http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10110 Tue, 17 Mar 2009 13:56:25 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10110 Do we have a problem? Seems like all in Tulsa is the same as before—houses and business construction are being made–resturants are full at night and people come and go as usual–lots of people at the mall too–is the sky falling?

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By: T. Scheisskopf http://blogs.reuters.com/great-debate/2009/03/12/the-dow-at-36000-and-the-end-of-history/#comment-10087 Tue, 17 Mar 2009 02:31:05 +0000 http://blogs.reuters.com/great-debate/?p=2458#comment-10087 This was as much a collapse of the model of our world being run by institutionalized and rampant sociopathy as it was a collapse of an economic model, although it most definitely was just that. The collapse of an economic and social model propagated by the Full Bull Sociopath of them all, the economic Attila The Hun, Uncle Miltie Friedman. May hell enjoy his presence. His legacy of institutionalized sociopathy has lived on in places and people like Dickie “I can sure take a punch” Fuld and AIG, as well as too many to list here.

Between that nut and the other nut, Ayn Rand, everywhere we look, the economic landscape grows more sere by the day, the blatherings of the cheerleaders notwithstanding.

All because we, in our greed and stupidity, handed over the keys to our economies to sociopaths, sniffed our armpits and screamed “Ambrosia!”.

My lord, we are a thick and dull people, at our core.

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