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What is Capitalism?

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Re: What is Capitalism?

Postby Lordo » Tue Jan 31, 2023 2:08 pm

Interesting thought for the day by the great man for so called Liberal Press.
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Re: What is Capitalism?

Postby Robin Hood » Tue Jan 31, 2023 5:17 pm

You describe exactly how it works! It is the entrepreneur that creates an industry, wealth, growth, jobs, profits etc but the capitalist creates the money required (literallyto start the ball rolling ………..

You can say the division is that one is an industry ……. the other is simply a service to industry. The service is provided by the banking and financial sector. The question never asked is ….. where do the banks get this money from?

The current national debt in the US is $32 Trn on which of course the US taxpayer has to pay interest to the lender. Entrepreneurs and industrialists will borrow their monetary needs from the Big Banks. But where do the Banks get all this money from? Who is lending it to them …. to lend to others?

The answer is something people never ask about ……. reality is an eye opener! The Money Tree …… every bank has one, in fact the banking system is a bloody forest of money trees!

It comes down to …. CAPITALISM …… is exploiting any event or situation to make as much money as possible!

Try this guy ….. he invented the term Quantative Easing ……….. he has written dozens of papers on the subject …….. he is also the only one who carried out a live example, in an Austrian Bank when they ‘lent’ him Eu.250K.

https://www.sciencedirect.com/science/article/pii/S1057521914001070

or this guy …. a well known Australian very knowledgeable on the subject …….

https://www.youtube.com/watch?v=jdclyO8JN14 8)
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Re: What is Capitalism?

Postby Lordo » Tue Jan 31, 2023 6:43 pm

Quantitative Easing can only be used by those who print their money. Labour did it back in 2008 when the Banks were about to collapse. The government lent them 500 billion pounds, which pushed the national debt to over 1000 billion at the time just before the election in 2010.

The Banks are not the only capitalist's involved. They take no risk at all. They only lend the 25% of the guaranty value so they take no risk what so ever. Some rather than help out a company in difficulties, they deliberately allow them to go bankrupt so they can take control of the assets. This behaviour is worse than a parasite.

https://www.dailymail.co.uk/news/article-3831609/RBS-tried-profit-struggling-firms-Bank-s-bosses-accused-encouraging-secret-dash-cash.html
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Re: What is Capitalism?

Postby Lordo » Tue Jan 31, 2023 6:45 pm

There is also the Venture Capitalists who offer Capital but take far bigger share of the business than they should.

Their service is like the service a leach offers to their host.

Enjoy.

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Re: What is Capitalism?

Postby Lordo » Thu Feb 02, 2023 2:40 pm

I know this is part of sport but it is also part of capitalism.

Chelsea were recently bought by some Venture Capitalists who know fuck all about football other than it is guaranteed money. This is true if the team at least reaches Champion League football. Low and behold they made it last year but this year they have tanked. The cunts went ahead and last August and this January spent 600 million pounds and bought in total 17 players.
How the fuck is this going to work?

The last cunts to do this sort of thing was Glazers when they bought Man U and then put the debt on to the club. This is Capitalism gone mad. Thankfully they also fucked the club up with huge debt and now of course they will sell it at a profit to themselves and the club will be left with jack shit.

Go figure.
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Re: What is Capitalism?

Postby Lordo » Sun Feb 05, 2023 1:06 pm

The old myth of cutting taxes for the rich to stimulate growth has raised its ugly head yet against the x-Swine Sow has decided to resurface and put her case on her failure to her premiership.

She claimed *they were brought down by "the left-wing economic establishment" brought her down. Just how far further to the right do you have to be to see the economic establishment in Britain as left wing. Last ones to do this was the Nazis who blamed the Jews as a left wing establishment that brought chaos to Germany.

In the meantime no evidence is shown that tax cuts for the rich actually encourages growth to cut debt. In any case grown would not cut debt as these swine do not pay their taxes, it is the Debt ratio to growth that would fall.

So here is a report by two London universities who researched into this, one of them being LSE.

https://www.lse.ac.uk/News/Latest-news-from-LSE/2020/L-December/Tax-cuts-for-the-rich
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Re: What is Capitalism?

Postby Lordo » Tue Feb 07, 2023 12:09 am

Worth watching. What is money?

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Re: What is Capitalism?

Postby Maximus » Tue Feb 07, 2023 12:37 am

Is this another plonkensten thread to bash capitalism?

You wouldnt survive 6 months living in a communist country. :lol:

Imagine yourself on the next dingy heading to "swine land"

That would be you.
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Re: What is Capitalism?

Postby Lordo » Tue Feb 07, 2023 12:51 am

Going back to 70s

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Re: What is Capitalism?

Postby Paphitis » Tue Feb 07, 2023 12:55 am

Maximus wrote:Is this another plonkensten thread to bash capitalism?

You wouldnt survive 6 months living in a communist country. :lol:

Imagine yourself on the next dingy heading to "swine land"

That would be you.


Yeh I reckon. So many naysayers against capitalism and the west and yet it is these capitalist and western countries which have the highest standards of living and rank the highest on the Human Development Index.

Not only this, but it is the capitalist western countries with the most established and stable democracies and institutions and which afford their citizenry the greatest freedoms and human rights.

Now, one would think, that here there must be something with capitalism which brings about more competition and innovation for these countries to be in actual fact the best countries to live in and be a part of.

Life must be so unbearable for them, hence my recommendations they relocate to their utopia countries like Ruzzia. :lol:
Last edited by Paphitis on Tue Feb 07, 2023 12:56 am, edited 1 time in total.
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