PistolGrip said:
You have a misconception of what Marxism is. Communism and Capitalism are economic systems. They dont define what economy is. Think of it in gaming terms. Wii and EyeToy controllers are two controllers that take a different approaches at how gamers can interact with a game. There are strength and weaknesses to each and as we learn and evolve you get hybrid systems like the Move and Kinect (smile).
Hi Pistolgrip. Neat example, but Marxism as espoused the early proponents did have an economic component. If you're interested, this wikipedia entry on
Marxian Economics is a good start.
avaya said:
1. Right, your strategy is to just ignore the point entirely. In 2010 wealth is not used to create new wealth. In the biggest market wealth is transferred via synthetic instruments. We do not invest anymore. We churn and burn.
2. I get it, you believe you are your own island.
This is insane! In 2008, I took money that I earned for work I've done and invested in a smaller company listed on the TSX that had a PP which then used the funds to make a moderate to large sized base-metal VMS discovery. The company's doing very well and has created wealth for itself, for the region it's located in (employing many locals and the government gets something like 20% of profits) and wealth for it's shareholders. How was wealth not created?
This bullshit marxism crap is annoying: maybe by definition but in 2010 because of the capitalists... blah, blah...
Your entire world has been shaped by the free-market and 'wealth making wealth:' Intel and Apple were started by venture capitalism, Amgen and Genzyme, Google and Youtube, etc. The computer you're on, the internet, eating food harvested half way around the world 3 days ago; most every American luxery owes it's genesis to the free-market.
Do you have any idea what the policies you're advocating lead to? You're little 'wealth is only transferred' bullshit is predicated on the work of Robert Thomas Malthus, an idiot. You want to see how these static policies that follow from 'wealth can't create wealth' actually work? Talk to someone who lived in an SSR. It sucked. While you had a computer in the 1990s and were surfing for tits, the Soviet navy was still using mechanical computers to solve target and navigation solutions. One American SSN had roughly equivalent computing power to the entire Soviet Navy (
dirty little secrets, p59). True fucking story.