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The Forum > General Discussion > Similarity between communism and capitalism

Similarity between communism and capitalism

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Nick Hanauer, a capitalist, wrote:

http://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014_full.html#.VVAvPZOTauI

Victor Bien summed it up:

“Beyond a certain level having control of money like Scrooge McDuck is self-defeating and a threat to peace... Wealth is produced by economic activity. If people are rendered so poor they can't function the economy will go into a slump. It was prolonged slumps which worried Keynes because if left to go on for too long insurrection will start.”

We are hung up with words. The Soviet society was called communist. Our society is called capitalist. However, are they basically different? Modern societies whatever you call them rest on an accumulation of capital. The accumulation of capital could not produce sufficient wealth in the Soviet society because it was controlled by a stultifying bureaucracy. The accumulation of capital cannot produce sufficient wealth in our society because it is more and more tied up in a small class. Their society imploded. Ours may explode. However, I see a great similarity between the societies and the role of capital.

The Soviet society imploded largely because of the maldistribution of capital. Our society may explode for the same reason.
Posted by david f, Tuesday, 12 May 2015 7:04:28 AM
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I agree with you comments in principle.

At least in the capitalist societies we can openly criticise the government and individual politicians including the Leader without fear of disappearing or having our family harmed.

We live in a Catch 22, we need governments to maintain social order; governments need our money to provide services; and no one likes the government they have or feels their taxes are fair.

Maybe its just human nature to be dissatisfied with whatever we're given. Its funny how we all know more than anyone else.
Posted by ConservativeHippie, Tuesday, 12 May 2015 8:56:22 AM
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Dear ConservativeHippie,

You wrote: "At least in the capitalist societies we can openly criticise the government and individual politicians including the Leader without fear of disappearing or having our family harmed."

That is true in our capitalist society. It is not true in all capitalist societies. Some of them are dictatorships which do and did not allow open criticism. Nazi Germany, fascist Italy, clerico-fascist Franco Spain and others were also capitalist societies.
Posted by david f, Tuesday, 12 May 2015 9:38:25 AM
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Well you got that one very wrong didn't you. Trying to justify not big but huge government will do that for you.

When you bring in the third possibility of dictatorship you get a match for your communist society, that is only even approached by capitalism when an Obama convert it to crony capitalism.

In a true capitalist society anyone can prosper greatly if they have a good idea at the right time. Just look at those whose forbears started the railway age, or those who started the computer age.

In communist countries, or dictatorships you can only really prosper if you have government support & financial backing.

Crony capitalism as refined by such as Obama can give huge amounts of public capital to supporters, as is seen in his gifts to the alternative energy industry, & those with huge union backing.

There is no capitalist society left today. That once fine system is too corrupted by a huge bureaucracy, augmented by the public education system, that we are approaching the communist system, & bound to fail sooner or later. Unless we shut down our out of control bureaucracy & others such as such as the EU, & the attempt by the UN to become a world controlling bureaucracy, that failure will be rapidly accelerated.
Posted by Hasbeen, Tuesday, 12 May 2015 10:24:14 AM
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How long before the "classic" capitalistic society, the US breaks down into their next civil war between whites and blacks, poor and very rich and military/industrial complex and the rest.
The way they are going it will be a race to see which starts first.
The black v white has already been positioning to start.
It will be on the agenda here as the economy declines and there is a bigger gap between the ultra rich and total poverty.
Posted by Robert LePage, Tuesday, 12 May 2015 10:54:03 AM
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Yes Robert, & that should warn us we must stop all immigration of any people who will not fully integrate into our society.
Posted by Hasbeen, Tuesday, 12 May 2015 11:14:28 AM
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