| Is it possible to be capitalism(idealogy of money) without bribes and corruption? |
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Asked 2 years ago
by HunTer4SOulS  Russian Federation |
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About
I've seen the truth...
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| 8 Points |
Bribery isn't limited to capitalism, LOL!! It's a human failing, not an economic one. So the answer is, no it's not possible to be capitalist without bribery--or any other kind of economy, either.
First you're using a funny definition for capitalism. Then I'd agree with dauguy - corruption is where humans are. If at all, I think the relation goes the other way: less capitalistic societies tend to be even more corrupt (i.e. Cuba, North Korea) as they're often unfree which leads to a underdeveloped or nonexistent juidicial system.
I disagree that capitalism is the "ideology of money"
And I disagree with you.
Capitalism
Capitalism is an economic theory which stresses that control of the means of producing economic goods in a society should reside in the hands of those who invest the capital for production. It is a system based on the production of goods and services for exchange rather than use. Private ownership and free enterprise supposedly leads to more efficiency, lower prices, better products. Adam Smith popularized this theory in his 1776 book The Wealth of Nations.
Capital is just another word for money, those who have it get to call the shots, using legislation to keep more and more of it.
If you work for money then you could consider that the money is a bribe to do something you would not do otherwise, corrupting free will.
Cool answer..
capitalism is right of people who have power and money to multiplie their capital in a cost of other people
i.e. bonuses for top managers in usa has increased by $7 billion since last year
1) The less bribes and corruption, the better Capitalism works. Wherever you see lots of bribes and corruption, you see Capitalism weakened.
2) If only people that have power and money are using Capitalism, you are doing it wrong. The more people that make money, the better it works.
3) Assuming your $7 billion number is correct, stockholders complained to the boards of directors that executive salaries were too high. So the boards put salaries at a very low amount and pay bonuses if they meet certain, measurable goals.
Boards have also learned that the government will bail them out if they pay executives too much.
Yes, Joyce, we know how well capitalism works, It has practically destroyed the Russian economy, which is perhaps why Hunter is so concerned.
The neo-liberal economic ideas, known as 'The Chicago School" were imposed on Russia in the 1990s by force by Yeltsin. The government was dissolved, the courts and constitution suspended; and the tanks ensured that harsh free-market economic methods were imposed from the top down, no matter who starved. Hell, a million Jews fled the country! Which did interesting things to Israel's economy, but that is another story.
The end result was the same as everywhere that neo=liberal, Chicago School, free market economics has been imposed (and it always is, because most people DON'T WANT IT-it is profoundly anti-democratic): a huge growth in poverty, centralized control by bandits of the functions of government, and corruption, corruption, corruption.
THAT is why Hunter is asking this question.
You and Hunter are mistaking Capitalism done badly for Capitalism is bad.
THAT is why Hunter is asking this question.
You can say that about almost any economic policy or political model. Just because things are theoretically good doesn't mean they work in practice, or ever could. Fact is that human nature will corrupt almost every idea, making a good one bad, and a bad one worse. It's the way people are. Seeing as we live reality, not theory, it's the reality of things that matters.
In fact, Capitalism works better than any other economic system.
Oh, and central planning wrecked the USSR economy, not capitalism.
So? Doesn't mean you are right. And you are not.
If capitalism is the "ideology of money" which I disagree with, then what is communism? The ideology of slavery?
No, If anything Capitalism is the ideology of slavery. Communism is the ideology of every one being equal and having guaranteed equal incomes.
Then why do communist systems not seem to work very well??
Because communism (like capitalism) is a great idea in theory, but unrealistic. Communist expect all people will work towards a common good and Capitalist will try to work towards creating monopolies.
I think the best we can do is try to co-operate where it makes sense for us to do so and by providing a stable and ethical society for the individual and business alike. With a strong emphasis of individual freedom, opportunities and safety.
Capitalism isn't the ideology of money unless you make it so for yourself. Capitalism is the ideology of self reliance. Where you are in control and responsible for your own destiny. For the most part you will get out of it what you put into it. Some people ARE lucky, some people are born wealthy but there is no form of government that I know of that prevents luck.
I still to this day don't know of one person who will work, who does work, and who had tried hard all their life that does not life comfortably. Sure everyone would like to have a nicer house. Bill Gates wants a nicer house and a newer car....but that doesn't mean the system is bad.
In that case Capitalism does not (and can not) exist, there is no individual that has not had help from many others over their live time.
Only through co-operation coerced or voluntarily have we gotten where we are today and only through co-operation will we be able to move on. I agree that there are people who can push society in certain directions, this will be true regardless if we have a government or not...
I know of at least two people in the U.S. who are willing and able to work who can not properly house and feed their family at the same time. One lady I know is working one full time job and two part time jobs. And one guy is working an above median pay job and he can not afford to move from his crime ridden neighborhood and told me he does not want his son to grow up in a place where they hear gun shots every single night. Then again the U.S. is not a pure Capitalist society either.
Capitalism does not mean that you're not supposed to help others. What jondough wrote about was individual responsibility as a principle of capitalism. Every human being tries to achieve the best for itself and by doing so, we help the society advance both financially and technologically. And yes, cooperation does play a crucial part in that process. And cooperation fits perfectly well into a capitalistic system. What's a (capitalistic) company in your eyes? It's a group of people cooperating in order to produce more or achieve something greater than a single individual could have.
BTW, China's economy grew by 8.7% last year, they did so despite the global recession.
http://www.nytimes.com/2010/02/08/opinion/08krugman.html