This is exactly why capitalism is a blind ideology. We too have spent a decade defending "precious metals" but we finally realized that we're chasing windmills as capitalism only sees profits, hence distorting reality in favor of a ruthless individualism.
you mean corporatism
we don't have capitalism
For more than half a century, and although some economists were already sounding the alarm 50 years ago, society never really cares about what was done to the environment because people had lots of purchasing power... until the first crack, caused by the dotcom bust, occurred. Then things finally began to change in slow motion.
so you think devaluating our all money was/ is a good idea?
all the problems you talk about are cuz we have centrally planned economoy - no capitalism..
Hello .... I have explained this many times... as soon as money enters the picture, collusion is not preventable, nor is the monopoly on value... so conscious capitalism is can't possibly be. These are major flaws embedded in the premise itself
What are you even saying? People are unable to collude on things without money?
WTF? Everybody values things, how can you possibly monopolize that? Utter nonsense.
There are major flaws in this sentence. lol
yes, the mere presence of money... causes collusion: TOTAL 255 trillion global debt bubble and the top 0.1% is filthy rich .. you must start opening your eyes. You are not a conscious capitalist because otherwise, you'd understand the basic flaws :)
It takes people to collude on something. They don't need money to do so.
The large debt is not created by the free market, it is created by large centralized governments that can't stop spending money. They print it as fast as they spend it. If you don't like these enormous debts, go after governments printing fiat.
The top 0.1% are very rich, this is true. Why are you jealous of your betters? You think those insanely driven people waste time complaining on the internet? No, they are busy creating things.
I am conscious and I am a capitalist, so I have no idea what you are claiming.
It is a nonsense term. You use your reason to participate in capitalism. When you decide to trade for something you want or need, when you trade your labor for something, whenever you decide to do anything economical...you are acting consciously and participating in capitalism.
And littering is not inherent to capitalism, socialist countries like china and Russia are the worst polluters.
But what you do not understand that profits without EXPLOITATION is impossible. You said it yourself when approving all the sweatshops claiming that getting paid 2 dollars/day has lifted these people out of poverty... you are just condoning slavery in fact... that is that capitalist mentality.
if all the factoring costs were taking into account BEFORE implementing anything, profits wouldn't be... or it would take so much energy for so little profits... one cannot take out more than what one puts in.... this is physics
so you just say money can't just be a product of the market instead of it being centrally created and the whole economy forced to use it?
first, value must be decided otherwise the market cannot function, and on top of that value remains subjective, that is why value fluctuates so easily. But as soon as the value is determined, collusion starts mushrooming... this is a dynamics that inherent to monetarism. I have come to the conclusion that money was never meant to enhance freedom but cartels of all kinds... even economists like von Mises and Hayek, knew that markets were flawed because of that and even conceived that some form of UBI for the lower class would be necessary. Nothing can stabilize value but a monopoly on value.
wrong- the market decides about prices and value..
market value is all subjective value together and the equilibrium out of it
do you know austrian school of economy?
depends on what you understand as money.. if the modern centralized version.. then yes..
Hayek in agreement with some form of basic income for the poor because hierarchy cannot be overcome with monetarism ruling the game
https://www.libertarianism.org/columns/why-did-hayek-support-basic-income
so reduce taxes to only basic income?
OMG, quit lying about Mises and Hayek.
And value is never stabilized. Prices are continually changing in response to market conditions.
You have never been pro-von mises and Hayek but a mere capitalist agreeing with the corporate way of maximizingprofits, I have debated this with your for 3 years........................................... what market conditions, those decided by the monopoly on value? look at the Oil price, manipulated for decades... and now that the oil age is ending, they allow it to go down.............. OPEN YOUR EYES :)
I adore Mises, this is why I correct your nonsense. He single handedly destroyed your communism with reason. Mises is the quintessential capitalist and has systematically destroyed all your talking points long before you were born.
You have not debated me on this at all. All you did was provide one out of context quote from Hayek. Quote mining is your forte.
Yes, yes, whatever way the market goes, the mysterious "they" causes it. Not very convincing. But easy on the brain. You don't have to think your way through events, just blame it on a conspiracy.