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-   -   Is American Capitalism Morally Bankrupt? (https://www.talkofthevillages.com/forums/investment-talk-158/american-capitalism-morally-bankrupt-95693/)

eweissenbach 11-29-2013 06:23 PM

Quote:

Originally Posted by rubicon (Post 788607)
Hi Golfingnut : I guess Thomas Sowell, Ben Carson Herman Cain Condi Rice, Colin Powell and thousands upon thousands of other hard working blacks would probably say to you that a person has to create their opportunities.

Indeed there are many kinds of bias including beautiful people whom are envied and punished for it. Civil rights Laws enacted in 1964, etc have more than leveled the playing field.

Rubi, for every minority you named you can name a hundred white males that have had equal or greater successes. The playing field has been tilted from what it was through the sixties but far from level IMHO. Capitalism overwhelmingly favors the powerful and the power still rests largely with the white male in this country.

mickey100 11-29-2013 07:09 PM

Quote:

Originally Posted by eweissenbach (Post 788733)
Rubi, for every minority you named you can name a hundred white males that have had equal or greater successes. The playing field has been tilted from what it was through the sixties but far from level IMHO. Capitalism overwhelmingly favors the powerful and the power still rests largely with the white male in this country.


:bigbow:

TexaninVA 11-29-2013 08:00 PM

Quote:

Originally Posted by eweissenbach (Post 788733)
Rubi, for every minority you named you can name a hundred white males that have had equal or greater successes. The playing field has been tilted from what it was through the sixties but far from level IMHO. Capitalism overwhelmingly favors the powerful and the power still rests largely with the white male in this country.

Sorry but when I hear a lot of talk about white males etc, I am reminded of Leftie Professors I've known. It gets so tiresome after a while :)

Assuming an approximation of real capitalism with a market economy (vs crony capitalism which is really more of a fascist state), success largely correlates with ability, motivation and hard work.

Does anyone on this board really dispute that?

eweissenbach 11-29-2013 09:09 PM

Quote:

Originally Posted by TexaninVA (Post 788767)
Sorry but when I hear a lot of talk about white males etc, I am reminded of Leftie Professors I've known. It gets so tiresome after a while :)

Assuming an approximation of real capitalism with a market economy (vs crony capitalism which is really more of a fascist state), success largely correlates with ability, motivation and hard work.

Does anyone on this board really dispute that?

Ability, motivation, and hard work will get you so far, but opportunity and social position often trump the rest.

TexaninVA 11-29-2013 09:17 PM

Quote:

Originally Posted by donb9006 (Post 783540)
The problem is corruption and skimming... The foxes are guarding the hen house... The big banks/corporations install politicians to do their bidding... We need to start installing some ropes on a few lampposts... This is one time we need to follow the example of the French...

Advocating violence and mayhem ... I would say that speaks for itself

Villages PL 11-30-2013 03:47 PM

Lots of good posts but, unfortunately, I don't have time to read them all. My two cents: Capitalism is not dead, yet. It's just resting and waiting to make a big come-back. Three cheers for Capitalism! Long live Capitalism! :)

justjim 11-30-2013 04:38 PM

Capitalism is active and very much alive
 
Quote:

Originally Posted by Villages PL (Post 789056)
Lots of good posts but, unfortunately, I don't have time to read them all. My two cents: Capitalism is not dead, yet. It's just resting and waiting to make a big come-back. Three cheers for Capitalism! Long live Capitalism! :)

Are you kidding. Capitalism is very much alive and active. Take the largest ever retail capitalist----Wal-Mart. Billions of profits year after year but still pays most of its employees minimum wages. This is the very epitome of capitalism.

This Thread is on very thin political ice!


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