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Why do you guys think speculation is "evil"? Or, to put it in a more neutral tone, why do you guys think speculation should be banned?

It is, in effect, gambling. It creates huge fortunes for people who do nothing more than move money around. Further, it has destroyed the purpose of stock ownership, which can be one method of employee involvement in the company.
 
I think this hit the nail on the head. The events in the picture aren't all "caused by" capitalism but could be said to have occured under capitalism. To claim that capitalism caused them all is ignorant and I think that's the point of the image: it is parodying the ignorance of claiming that atrocities under any economic system should be 'explained away' as if they are necessary tenets of that system. Just like saying that historic scientific advancements (or slightly closer to home, centuries of very slow development) in religious states were in some way inspired by the religious state.

Of course that is only my interpretation and anyway, as others have correctly stated, this isn't a debate thread.
Just keep in mind that capitalism is a social system.
Regarding the poster, while there is indeed a couple of doubtful claims there, I think that it is on the whole one that should be kept in mind next time one wants to rave about the blessings of capitalism.

My question is as follows: to what extent if any do you believe that a factory/business etc could be run by a workers' council in a present-day capitalist society? That is to ask, could a successful company convert tomorrow to having, say, its "manager" a directly elected and recallable worker or group of workers (or the entirety of the workers) and still survive?
I think that it would work out well. The recent experiences from Argentina has for instance been encouraging.

Communism, did not kill millions, Stalin and Mao did. And Luce or Cheezy to do not espouse these views.
I have no problems with recognizing crimes commited by socialist states.
However I think that they are :
- Blown out of proportions
- Paling compared to those of capitalism, both quantitatively and qualitatively
- Taking out of historical context. Very few seem to have any knowledge about the history of countries like Russia and China before the revolutions, very few seem to know much about what enormous difficulties the revolutionairies faced after having come to power.
Personally I am neither an expert on Chinese history, nor was I ever a maoist. My feelings for Mao Zedong are mixed at best, even if nobdy shall be able to convince me about the blessings of pre-revolutionary China.
Regarding Stalin though, I admit that he has my respect even if there is no way one can deny some of the things he did was atrocious. But as I explained earlier on this thread, I think the good he did outweighed the bad. I maintain that he is the greatest champion the working-class ever had. I also think that he is due for a reassessment by historians. I don't expect many here to ever agree with this, but that is OK.


With the above posts in mind, do you view the current trend of non-Communistic Governments recent attempts to garner greater control over banks and financial institutions, as well as Governmental policies designed to curb monetary excesses in an attempt to stall the current financial credit crisis, as well as a means to ensure it doesn't repeat itself, as a step away from traditional capitalistic tendencies and towards a more Governmentally controlled one?
Which whilst is a long way away from Communism, it's interesting to note that no-one is really disagreeing with the Government needing to take greater control over financial institutions; rather, people are wanting the Government to control of things to a greater degree. This, I think is food for thought about where the Government will be in another 20-30 years time.

I am not so optimistic about this.
The so-called nationalisation here is done to help out the ruling class. it has not much to do with socialism and it has been seen before.
I am old enough to remember the bank crisis in my country. What happened then is that the government took over the banks when they couldn't run them themselves and nicely handed them back again to the private owners later. It was a classic example on how modern capitalism is really socialism for the rich; expenses are socialised, profits are privatised.
That said, this crisis might of course have made the public realising clearer the inadequacy, injustice and unstability of the capitalist system. But it is rather a long road from there to a majority demand for socialism.
Then again, sudden social changes do sometimes come unexpected. But I stand by my
claim that no advanced capitalist country will turn into a fully-fledged one as long as I live.

It is, in effect, gambling. It creates huge fortunes for people who do nothing more than move money around. Further, it has destroyed the purpose of stock ownership, which can be one method of employee involvement in the company.
QFT.
 
Could you have multiparty communism?
 
Political parties represent the interests of a specific group of people. In communism, there would be no need for political parties at all, because the interests of one group would be the interests of the whole, and addressed as such. I see no reason they could not exist in Socialist societies, however. I described one possible way that multi-candidate, single party democracies can work a few pages ago, in this post.
 
What is your opinion of the New Economic Policy adopted by Lenin? If it had continued, what do you think would have been the result?
 
What is your opinion of the New Economic Policy adopted by Lenin? If it had continued, what do you think would have been the result?

The NEP was a fantastic economic policy. It took a totally devastated people and country and started it on the path to turning around very fast. It was also a good case study of what the first phase of a newly socialist state should look like, and probably what a Western state would look like (structurally, not quantitatively) immediately after its conversion.

But the situation in the Soviet Union was more extreme; the USSR had been extensively overrun by foreign interventionists as well as several other factions that arose in the chaos of the Civil War. Both of these threats remained after Soviet power was consolidated. Stalin realized this, but Trotsky did not. This was why he ultimately abandoned the NEP in 1928 and instituted his infamous Five-Year Plans, because he became impatient with the growth it was creating which, as I noted, was great, but not great enough if the USSR was to stave off the quickly-accelerating power of the Capitalist nations. His prediction proved correct on June 22, 1941; I don't know that the NEP would have prepared Soviet industry enough for that cataclysmic event.

In my opinion, had that threat not existed, the New Economic Policy would have been a much more ideal system, and worthy of keeping for more than five years. I'm not a big fan of collectivized farming, and I think a largely privatized agricultural sector of small farmers is preferable, as well as the ability to own small businesses (provided they are operated democratically). Obviously allowing foreign investors to open factories was not a "good" idea, though I suspect it was only allowed with the ultimate intention of simply confiscating the facilities one day anyway.
 
In history class today we were arguing if the Obama's health care plan was socialist:mad:. After a while of bickering and arguing we decided that the conversation couldn't continue until we effectively defined "socialism."

For many years I have studied socialism, and although i am a die hard capitalist:lol: i still feel that i know the material quite well. AS far as i think on this, i believe that socialism has been overused to describe a lot of policies that seemed similar to socialism, but really had little to do with the actual original movement. I would stress that socialism calls for economic intervention, but it is very specific in what the government is to intervene against and the ways it is going to intervene (if one uses marx's ten points as socialist guidlines), but today we simply loosely use the term socialism to describe any policy that has the government intervene in the economy for the benefit of the people (again arguable because marx says a socialist would always support all forms of governemt action to help and uplift the working class). How is it that you guys define socialism, and what it takes to be a true socialist?

BTW, if you didn't notice, my name Icaria, was a series of socialist cities founded in the US, based off a sociliast utopia from a book written by a frenchman a hundred years ago.
 
Does anyone know of an attempt to run a "socialist" enterprise* outside of a socialist country? To my knowledge, there is essentially nothing that would prohibit good socialists in EU or US from going ahead and creating one. Nothing like a good personal example to usher in world revolution in economics. So has anyone actually tried putting that nice utopia into practice... or even succeeded?

*Owned entirely by its workers and run by a council of workers. Let us leave small family businesses, garage rockbands and subsistence farming communities aside; relevant example would need to have at least few dozen employees and actually engage in meaningful commercial activity.

EDIT: Fate would have it, that in the very next thread I opened after posting this, Cheezy described what I had in mind in his own words. Ominous, isn't it?
If you wanted, you could have a free-market economy that was quite socialist. Imagine if the market was retained, meaning the economy was not centrally planned, but businesses were not owned privately or run by a CEO, but rather run democratically, with all members of the business owning it collectively, and deciding things like wages and policy democratically?
 
never mind. xxxxxxxxxxx
 
Gustave5436, I have must have suffered the misconception that Marx was the founder of socialist thought. As you know more about this, would you provide me with a list of people that you feel were the founders and true voice of socialism. Still interested in researching socialist thought in the 19th century to 20th century.
 
Small-scale socialist societies have been attempted, but no one, at least to my knowledge, has ever tried to have a socialist business in a capitalist economy.

Here a few examples I can think of that went rather well, though short-lived some were.

The Israeli kibbutz is probably the most famous. Others include the Paris Commune, some cities in Spain during the Civil War, and those in the US inspired by Etienne Cabet, which Icaria noted above.

http://en.wikipedia.org/wiki/Kibbutz

http://en.wikipedia.org/wiki/Icarians

http://en.wikipedia.org/wiki/Paris_commune

http://en.wikipedia.org/wiki/Spanish_Revolution

EDIT: Icaria, while I appreciate your enthusiasm in answering questions, thread legality, as established at the outset of this thread, demands that you obtain authorization from Luceafarul before participating in antiphon. PM him, and I'm sure he'll award you the authority.
 
It is, in effect, gambling. It creates huge fortunes for people who do nothing more than move money around. Further, it has destroyed the purpose of stock ownership, which can be one method of employee involvement in the company.

I know that this isn't an argument thread, as said many times, but I couldn't resist. Report this post, Cheezy, or anyone else, really, if you think it steps outside the line.

1. What's wrong with gambling? Shouldn't people be allowed to gamble if they so choose?
2. What about the benefits of speculation? I'm thinking, it dampens the business cycles (which would happen even in a communist/socialist system, I should think). I don't know about increasing liquidity and lowering risk though, those seem like features of capitalist systems that I don't know would be readily applicable with this brave new government system.
3. Can you explain to me better how speculation exactly destroys the purpose of stock ownership? Maybe it's just a connection I'm not seeing because I haven't thought it out all the way through.
 
Does anyone know of an attempt to run a "socialist" enterprise* outside of a socialist country? To my knowledge, there is essentially nothing that would prohibit good socialists in EU or US from going ahead and creating one. Nothing like a good personal example to usher in world revolution in economics. So has anyone actually tried putting that nice utopia into practice... or even succeeded?

*Owned entirely by its workers and run by a council of workers. Let us leave small family businesses, garage rockbands and subsistence farming communities aside; relevant example would need to have at least few dozen employees and actually engage in meaningful commercial activity.

EDIT: Fate would have it, that in the very next thread I opened after posting this, Cheezy described what I had in mind in his own words. Ominous, isn't it?

If you redefine business, say, GNU and Free Software Foundation, Wikipedia, etc. are non-profit organizations who also occupy areas traditionally held by enterprises, if we count these organizations as business, then surely they're competitive in capitalist standard.
 
Could you have multiparty communism?
No.

What is your opinion of the New Economic Policy adopted by Lenin? If it had continued, what do you think would have been the result?
I think it was a necessary step, and would have turned out good under other circumstances.

In history class today we were arguing if the Obama's health care plan was socialist:mad:. After a while of bickering and arguing we decided that the conversation couldn't continue until we effectively defined "socialism."

For many years I have studied socialism, and although i am a die hard capitalist:lol: i still feel that i know the material quite well. AS far as i think on this, i believe that socialism has been overused to describe a lot of policies that seemed similar to socialism, but really had little to do with the actual original movement. I would stress that socialism calls for economic intervention, but it is very specific in what the government is to intervene against and the ways it is going to intervene (if one uses marx's ten points as socialist guidlines), but today we simply loosely use the term socialism to describe any policy that has the government intervene in the economy for the benefit of the people (again arguable because marx says a socialist would always support all forms of governemt action to help and uplift the working class). How is it that you guys define socialism, and what it takes to be a true socialist?
About Obama, I regret to say that I find the level of education in the USA to be below par regarding topics as politics and history.
As for what you ask I have given a definition many times before, even here.
Socialism describes a societal system where the means of production are owned by the public. To be a true socialist you must in some way be convinced of the rightfulness and eventually work for the realization of such a society.

BTW, if you didn't notice, my name Icaria, was a series of socialist cities founded in the US, based off a sociliast utopia from a book written by a frenchman a hundred years ago.
Yes, I am aware of the work and influence of Cabet.

Marx was not the socialist thinker of the 19th century and certainly not all socialists agree with him. Try looking at one of his contemporaries, like Bakunin.
1) Show me exactly where and when i gave you permission to answer in this thread.
2) Marx wasn't the only socialist thinker of the 19th century but by far the most important one.



Does anyone know of an attempt to run a "socialist" enterprise* outside of a socialist country? To my knowledge, there is essentially nothing that would prohibit good socialists in EU or US from going ahead and creating one. Nothing like a good personal example to usher in world revolution in economics. So has anyone actually tried putting that nice utopia into practice... or even succeeded?

*Owned entirely by its workers and run by a council of workers. Let us leave small family businesses, garage rockbands and subsistence farming communities aside; relevant example would need to have at least few dozen employees and actually engage in meaningful commercial activity.

EDIT: Fate would have it, that in the very next thread I opened after posting this, Cheezy described what I had in mind in his own words. Ominous, isn't it?
To this the recent worker-run factories in Argentina should be added.

Gustave5436, I have must have suffered the misconception that Marx was the founder of socialist thought. As you know more about this, would you provide me with a list of people that you feel were the founders and true voice of socialism. Still interested in researching socialist thought in the 19th century to 20th century.
Please don't do that in my thread, I am not going to allow antagonistic ultra-leftists like him to answer anything here.
To your question, Marx is regarded as the founder of scientific socialism, in contrast to those socialist thinkers before him as he derided as utopian. This was mainly French thinkers such as Leroux, Reybaud, Fourier, Saint-Simon and Blanc, but also the Brit Robert Owen.
As for anarchists, I used to regard myself as one for a short period of time, but realized their short-comings.Their founder could be siad to be Proudhon, quite a crooked character, but that is even more true about patron-saint Bakunin. Here is an interesting little piece about him:http://www.columbia.edu/~lnp3/mydocs/state_and_revolution/Bakunin.htm

If you redefine business, say, GNU and Free Software Foundation, Wikipedia, etc. are non-profit organizations who also occupy areas traditionally held by enterprises, if we count these organizations as business, then surely they're competitive in capitalist standard.
You are also not allowed to answer here. The next one who will break this rule will be reported, whoever it is.
 
socialist_apology.jpg
14-hour-day: Soviet "dissidents" (or whoever they needed for cheap manpower) were routinely worked to death in prison camps.

Class privilege: Brezhnev had an extensive collection of Western luxury cars. Regular Soviet citizens waited in line for meat.

Anti-union laws: free trade unions were also prohibited in the Soviet Union. The Soviet Union banned them outright and made trade unionists an enemy of the state.

And on, and on, and on...

You are also not allowed to answer here. The next one who will break this rule will be reported, whoever it is.
I'm afraid this isn't your board, nor is it your place to say who can respond to what. Just like in real life, Western European communist fanatics have no power here. :lol:
 
The usual infantile fascist drivel.
Curiouser and curioser.
Now we even have a silk thug who are unable to distinguish between a board and a thread.:crazyeye: If he had bothered to read the OP he would have seen that it is exactly my bloody, exclusive right to decide who answers in this particular thread.
I just guess some countries have worse educational systems than others...
It is a real pleasure to report this one.:D
 
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