Posts tagged capitalism

Govt spending

Obama and friends are losing the issue:

…most voters (53%) believe increases in government spending hurt the U.S. economy. In fact, 51% favor an across-the-board tax cut for all Americans as an economic stimulus.

With signs that the economy is starting to come back and reports that only $36 billion of the $787-billion economic stimulus plan had been spent by the end of May, 45% of Americans think the rest of the new government spending authorized in the stimulus plan should now be canceled~rasmussenreports.com

Commie propaganda?

Commie propaganda or Obama administration and supporter rhetoric? Capitalism and the ‘unlimited free market principle’ is responsible for this new great depression.

The financial crisis hit the United States because its business is governed by the “unlimited free market principle” and the U.S. administration squandered money for overseas aggression and war moves, the article notes, and goes on:

In the capitalist market economy antagonism and contradictions and unbalanced development among countries bring about instability in equilibrium between foreign incomings and outgoings and foreign exchange rate and these create conditions for sparking off a financial crisis.

The economy in the capitalist countries is structurally dependent on the U.S. Many capitalist countries are in such economic relationship that they are entangled with one another with the U.S. consumer market as the axis. Precisely for this reason the financial crisis in the U.S. put major capitalist countries in the grip of economic crisis.

Capitalism is an unpopular society which diametrically runs counter to the intrinsic wishes of the popular masses in all aspects of material, spiritual and cultural and political lives, and it is an old corrupt and weak society bound to go to ruin due to the struggle of the popular masses for independence.

By its intrinsic class nature the capitalist system cannot overcome the imbalance between deformed material life and impoverished spiritual and cultural life and that between the growing demand of the popular masses for independence and the worsening political life. Herein lie the uncontrollable contradictions in the capitalist society and consequently capitalism is bound to go to ruin inevitably.

The capitalist countries are also going to decay and ruin, depending on the exploitation and plunder of developing countries.

The developing countries are standing in confrontation with the capitalist countries by strengthening the south-south cooperation as evidenced by their energetic endeavors to put an end to the outdated international economic order and, instead, build a new and fair one.

The advance of the popular masses’ cause of independence, the cause of socialism is precipitating the doomsday of capitalism.

Socialist Korea demonstrating its might by winning victories by dint of Songun serves as the beacon of hope and the banner of victory for the world people desirous of independence.

The 21st century will prove to be a century marked with historic changes in which capitalism is bound to meet its end and socialism is sure to triumph thanks to the struggle of the popular masses for independence. ~kcna.co.jp

Brought to you by the Korean Central News Agency of the People’s Republic of North Korea.

FILES-NKOREA-KIM

State-run media

Get ready for it. American state-run media as a ‘necessary public good’. Sure, because the buffoons who have run journalism into the ground also need to be rewarded with a stimulus program to keep their jobs and their liberal institutions afloat.

Only government can implement policies and subsidies to provide an institutional framework for quality journalism.

Because the free market has failed? What– failed to reward blatant liberal bias? Failed to reward shoddy reporting and a failure to check facts? Failed to keep afloat journalists who skew their stories so routinely that the new objectiveness is in fact liberalism. The reason for these failures is that journalism = liberalism. There is no objectivity.

…We begin with the notion that journalism is a public good, that it has broad social benefits far beyond that between buyer and seller. Like all public goods, we need the resources to get it produced. This is the role of the state and public policy. It will require a subsidy and should be regarded as similar to the education system or the military in that regard. Only a nihilist would consider it sufficient to rely on profit-seeking commercial interests or philanthropy to educate our youth or defend the nation from attack. With the collapse of the commercial news system, the same logic applies. Just as there came a moment when policy-makers recognized the necessity of investing tax dollars to create a public education system to teach our children, so a moment has arrived at which we must recognize the need to invest tax dollars to create and maintain news gathering, reporting and writing with the purpose of informing all our citizens.

So, if we can accept the need for government intervention to save American journalism, what form should it take? In the near term, we need to think about an immediate journalism economic stimulus, to be revisited after three years, and we need to think big. Let’s eliminate postal rates for periodicals that garner less than 20 percent of their revenues from advertising. This keeps alive all sorts of magazines and journals of opinion that are being devastated by distribution costs. It is these publications that often do investigative, cutting-edge, politically provocative journalism.

What to do about newspapers? Let’s give all Americans an annual tax credit for the first $200 they spend on daily newspapers. The newspapers would have to publish at least five times per week and maintain a substantial “news hole,” say at least twenty-four broad pages each day, with less than 50 percent advertising. In effect, this means the government will pay for every citizen who so desires to get a free daily newspaper subscription, but the taxpayer gets to pick the newspaper–this is an indirect subsidy, because the government does not control who gets the money. This will buy time for our old media newsrooms–and for us citizens–to develop a plan to establish journalism in the digital era. We could see this evolving into a system to provide tax credits for online subscriptions as well.  ~thenation.com

Couple this with the fairness doctrine and what do you have? State-run and approved media.

Russians warn Obama

When the Russians warn you that you are in danger of being too socialist then you have a problem. It’s kind of like Ted Kennedy pulling you aside to talk to you about driving drunk.

Excessive intervention in economic activity and blind faith in the state’s omnipotence is another possible mistake.

True, the state’s increased role in times of crisis is a natural reaction to market setbacks. Instead of streamlining market mechanisms, some are tempted to expand state economic intervention to the greatest possible extent.

The concentration of surplus assets in the hands of the state is a negative aspect of anti-crisis measures in virtually every nation.

In the 20th century, the Soviet Union made the state’s role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.

Nor should we turn a blind eye to the fact that the spirit of free enterprise, including the principle of personal responsibility of businesspeople, investors and shareholders for their decisions, is being eroded in the last few months. There is no reason to believe that we can achieve better results by shifting responsibility onto the state. ~Vladimer Putin

The Rooskies know socialism when they see it.

Socialism or capitalism?

One bitch’n essay on the morality of socialism vs. capitalism by C. Bradley Thompson:

It is fashionable among college professors, journalists, and politicians these days to sneer at the free-enterprise system. They tell us that capitalism is base, callous, exploitative, dehumanizing, alienating, and ultimately enslaving.

The intellectuals’ mantra runs something like this: In theory socialism is the morally superior social system despite its dismal record of failure in the real world. Capitalism, by contrast, is a morally
bankrupt system despite the extraordinary prosperity it has created. In other words, capitalism at best, can only be defended on pragmatic grounds. We tolerate it because it works.

Under socialism a ruling class of intellectuals, bureaucrats and social planners decide what people want or what is good for society and then use the coercive power of the State to regulate, tax, and redistribute the wealth of those who work for a living. In other words, socialism is a form of legalized theft. ~lilt.ilstu.edu

Problems facing our socialism

The fact that Obama’s father was a socialist should remind us that socialism has rendered Africa a continent completely destitute and that as an example of what an ideology can do socialism is a danger to be avoided at all costs.

What, if any, of the ideals of the father does the son aspire to? Perhaps Dreams from my father would illuminate that question.

Well, Barak Obama has said explicitly that, “The Time Has Come for Universal Health Care” And specifically he’s said that, “Plans that tinker and halfway measures now belong to yesterday.” This certainly sounds like socialism to me.

Obama says that the government can modernize healthcare and make it cost less and in the process give you more quality care– what planet is he living on? Government has never been a vehicle for modernization or cost savings. Just look at the Senate restaurants and how efficiently they were run. All one needs to do is go to the DMV or any government office nationwide to see what kind of efficient service you receive from government.

Hegemon doomed?

Ahmadinejad has the progressive dogma down pat…

LONDON, May 7 (IranMania) – Iran slams capitalism as a means of plundering the wealth of other nations, saying the world hegemonic system will soon be destroyed, PressTV reported.Iranian President Mahmoud Ahmadinejad made the remarks in a meeting with exemplary academics on the occasion of Teachers’ Day, which marks the martyrdom of acclaimed Iranian scholar and university lecturer Ayatollah Morteza Motahhari.

“Western-oriented democracy and the system of establishing security worldwide through the UN Security Council have failed to resolve global crises,” Ahmadinejad said.

The current system in the world has been planned by hegemonic powers and will soon be destroyed, he continued. ~iranmania.com

All those lessons in Venezuela with Hefe Hugo have not been in vain.

Outlawing capitalism

Nothing less than zero carbon output will do! In order to save the planet, capitalism, and it’s attending industrial output, must be stopped.

…it would require the world to cease carbon emissions altogether within a matter of decades. ~washingtonpost.com

Uh huh.

“The question is, what if we don’t want the Earth to warm anymore?” asked Carnegie Institution senior scientist Ken Caldeira, co-author of a paper published last week in the journal Geophysical Research Letters. “The answer implies a much more radical change to our energy system than people are thinking about.”

What are we talking about? The proponents want dictatorial powers to combat this global emergency. What’s necessary is the ‘political will’.

For now, at least, a goal of zero emissions appears well beyond the reach of politicians here and abroad.