The 4 failures of capitalism

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Skans
10 Oct 2022 8:28 am
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SJConspirator » 10 Oct 2022, 8:24 am » wrote: Worshipping your landlord lol
Actually, yes I am.  He happens to be an old man who rents space to me at below market rent.  I'm enjoying the **** out of being a tenant right now!  Of course, I still own land - it's just not making money for me like FOS's is. Still, I can ****, piss, fornicate and harvest animals on it whenever I want to. That's called Freedom.  Freedom to kick ****-tards off my land and live in what really is simply Eden.
 
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sole
10 Oct 2022 8:29 am
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SJConspirator » 10 Oct 2022, 8:25 am » wrote: Trolls like Skans and BV find the 4 points so devastating they cannot even respond to them
conspiring gargoyles vs social trolls are simply a separate way of projecting differences between leaders and followers agreeing to disagree how life actually evolves in plain sight.
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SJConspirator
10 Oct 2022 8:30 am
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Skans » 10 Oct 2022, 8:25 am » wrote: Most homesteaders didn't survive, primarily because the land they staked off was crappy land or didn't have adequate access to water, or didn't have sufficient resources to develop the land into arable land. The ones who died trying would have been better off as serfs to landlords who had the means to develop their land into fertile, lush, moistened land.

Even if that's true, they died free on their own land.  

Anyway, forget rent seeking parasites for a minute.  What about the other criticisms of capitalism in the OP?  Can you even comment on those?
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sole
10 Oct 2022 8:34 am
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SJConspirator » 10 Oct 2022, 8:30 am » wrote: Even if that's true, they died free on their own land.  

Anyway, forget rent seeking parasites for a minute.  What about the other criticisms of capitalism in the OP?  Can you even comment on those?
On or for thinking they owned the land? evolving vs occupying space mutually alive as reproductively present cycle of ancestral positions here. Planet occupies space longer than species lasts inception to extinction.
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Blackvegetable
10 Oct 2022 8:38 am
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SJConspirator » 09 Oct 2022, 3:18 pm » wrote: Capitalism has had great success, and has lifted people out of poverty, but it has limitations and fatal flaws.  Here are four failures of capitalism

1.  The profit motive where it has no business being present
Perhaps the best example of this is big pharma.  .
1.  The profit motive where it has no business being present
Perhaps the best example of this is big pharma.
We are well past the point of deducing medical advances by observation, like "hey, why ain't those milkmaids getting smallpox?"

Orange mold is fabulous stuff, but we've almost exhausted its usefulness.

Advances on the margin are incredibly expensive to achieve and require scale, to bear the cost AND mitigate the risk (by diversifying their bets)

Big Pharma is largely a group of companies managing portfolios of developing "therapies" and marketing those which survive the approval process.

Big Pharma marketing has been reprehensible, but it's not reason to kill it.

The alternative is to go Australian, where the market for pharmaceuticals is a Monopsony. The only buyer is the Government.  This has not stopped Australia from developing a domestic industry, but it probably wouldn't have been sufficient to deal with Covid.
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SJConspirator
10 Oct 2022 8:42 am
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Blackvegetable » 10 Oct 2022, 8:38 am » wrote: We are well past the point of deducing medical advances by observation, like "hey, why ain't those milkmaids getting smallpox?"

Orange mold is fabulous stuff, but we've almost exhausted its usefulness.

Advances on the margin are incredibly expensive to achieve and require scale, to bear the cost AND mitigate the risk (by diversifying their bets)

Big Pharma is largely a group of companies managing portfolios of developing "therapies" and marketing those which survive the approval process.

Big Pharma marketing has been reprehensible, but it's not reason to kill it.

The alternative is to go Australian, where the market for pharmaceuticals is a Monopsony. The only buyer is the Government.  This has not stopped Australia from developing a domestic industry, but it probably wouldn't have been sufficient to deal with Covid.
Holy s*** you're actually making an effort I'm shocked. Why do people go to Canada and get medications at like 1/10 of the cost of in the us?
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sole
10 Oct 2022 8:46 am
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SJConspirator » 10 Oct 2022, 8:42 am » wrote: Holy s*** you're actually making an effort I'm shocked. Why do people go to Canada and get medications at like 1/10 of the cost of in the us?
Are those same medications made in China for both countries? Wasn't there an argument in the last 2 years that china makes 90% of all global medications.
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SJConspirator
10 Oct 2022 8:47 am
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omh » 10 Oct 2022, 8:46 am » wrote: Are those same medications made in China for both countries? Wasn't there an argument in the last 2 years that china makes 90% of all global medications.

I don't believe in China makes 90% of the world's medication you'd have to freaking bring evidence for that
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sole
10 Oct 2022 8:48 am
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SJConspirator » 10 Oct 2022, 8:47 am » wrote: I don't believe in China makes 90% of the world's medication you'd have to freaking bring evidence for that
believing doesn't change whether they do or don't. do they(China) or don't they? You are a soul conspirator, not an honest sole reproductively evolving forward now.
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jack
10 Oct 2022 8:57 am
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SJConspirator » 09 Oct 2022, 4:26 pm » wrote: I am not offering solutions, my point is that blind worship of capitalism is folly.
Whipping unbridled capitalism is like whipping a dead horse. Capitalism works with sensible controls and offsets and with those it works well.
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SJConspirator
10 Oct 2022 9:00 am
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jack » 10 Oct 2022, 8:57 am » wrote: Whipping unbridled capitalism is like whipping a dead horse. Capitalism works with sensible controls and offsets and with those it works well.

excellent observation. Any comment on the Four Points I brought up?
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Blackvegetable
10 Oct 2022 9:01 am
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SJConspirator » 10 Oct 2022, 8:42 am » wrote: Holy s*** you're actually making an effort I'm shocked. Why do people go to Canada and get medications at like 1/10 of the cost of in the us?
For some reason, you are surprised every time.

Maybe you should can the **** you tell yourself to make you feel better.

It annoys me.

I believe that in Canada, the buyers are the provinces. They negotiate prices.

The entire point of Medicare Part D was to preclude the US from doing the same.
 
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SJConspirator
10 Oct 2022 9:05 am
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Blackvegetable » 10 Oct 2022, 9:01 am » wrote: For some reason, you are surprised every time.

Maybe you should can the **** you tell yourself to make you feel better.

It annoys me.

I believe that in Canada, the buyers are the provinces. They negotiate prices.

The entire point of Medicare Part D was to preclude the US from doing the same.

I noticed you didn't deny the point that in Canada meds are less expensive. If our government cannot negotiate drug prices with Pharmaceuticals and they can, that indicates to me that Canada has adopted a less s***** form of capitalism than us.
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Blackvegetable
10 Oct 2022 9:07 am
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SJConspirator » 09 Oct 2022, 3:18 pm » wrote: Capitalism has had great success, and has lifted people out of poverty, but it has limitations and fatal flaws.  Here are four failures of capitalism


2.  Innovation is stifled
When solving problems becomes detrimental to profits under capitalism, problems will not be solved.  Look at the giant Pacific garbage patch which is poisoning marine life -and thus every life form up the food chain, including humans- with toxic plastic garbage.  There is no answer under capitalism for this pollution, thus Capitalism is literally poisoning and killing us all.  Thanks, capitalism.
2.  Innovation is stifled
When solving problems becomes detrimental to profits under capitalism, problems will not be solved.  Look at the giant Pacific garbage patch
This confuses two separate issues.

1. The ability of dominant market players to "smother" it to protect their own position.

2. The Tragedy of the Commons. In short, what economists call "externalities". To oblige offenders to desist, or even mitigate, requires exactly the sort of supra national jurisdiction you abhor.

 
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Blackvegetable
10 Oct 2022 9:08 am
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SJConspirator » 10 Oct 2022, 9:05 am » wrote: I noticed you didn't deny the point that in Canada meds are less expensive. If our government cannot negotiate drug prices with Pharmaceuticals and they can, that indicates to me that Canada has adopted a less s***** form of capitalism than us.
With what part of this are you struggling?


The entire point of Medicare Part D was to preclude the US from doing the same.
 
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FOS
10 Oct 2022 9:08 am
FOS
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SJConspirator » 10 Oct 2022, 9:05 am » wrote: I noticed you didn't deny the point that in Canada meds are less expensive. If our government cannot negotiate drug prices with Pharmaceuticals and they can, that indicates to me that Canada has adopted a less s***** form of capitalism than us.
every country that doesnt have private health insurance consistent has 1/10th our medical costs on everything.
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sole
10 Oct 2022 9:12 am
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Blackvegetable » 10 Oct 2022, 9:07 am » wrote: This confuses two separate issues.

1. The ability of dominant market players to "smother" it to protect their own position.

2. The Tragedy of the Commons. In short, what economists call "externalities". To oblige offenders to desist, or even mitigate, requires exactly the sort of supra national jurisdiction you abhor.

 
what do issues have to do with actual evolving naturally working equally for every reproduction in the food chain native to this atmosphere? Relative time management keeping all humans avoiding their mutual natural position each has being alive now.
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peepee
10 Oct 2022 9:18 am
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Blackvegetable » 10 Oct 2022, 8:22 am » wrote: That's not what creative destruction means.
:clap:  

...the semi-nazi/semi-trump monetary ignoramuses here are butt-ignorant about waaaaaaaaaaaaaaaaaaaaaay more than just schumpeter...    ;)     

 
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SJConspirator
10 Oct 2022 9:24 am
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Blackvegetable » 10 Oct 2022, 9:07 am » wrote: This confuses two separate issues.

1. The ability of dominant market players to "smother" it to protect their own position.

2. The Tragedy of the Commons. In short, what economists call "externalities". To oblige offenders to desist, or even mitigate, requires exactly the sort of supra national jurisdiction you abhor.
The tragedy of the commons with regards to ocean pollution is stumping me.
it would seem there should be another solution besides total globalist government.
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peepee
10 Oct 2022 9:29 am
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...modern 'politics' is rife with republicrat-level fools [and monetary ignoramuses] working their cake-chutes about 'capitalism' etc. subjective, theoretical 'isms' galore...

...in order to honestly 'comm'unicate about 'isms' people must have a 'comm'on understanding of these subjective theories...and of course people don't...so we end up with a bunch of lame, republicrat-level gibberish from authoritardians [generally] and monetary ignoramuses always... wordle...  :rofl:   :wave:  
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