Quote:
Originally Posted by Fat1Fared
I was talking to Holyshadow, thus the use of a comma between your names.
Holy, the thing is, Capitalism - true capitalism - has been attempted and it failed woefully. True capitalism took Britain from being the powerful Empire on the planet to recession, starvation and eventually socialism.
On the other hand, Keynesian economics took Germany from being a broken post-war nation to being the economic driving force behind modern-day Europe.
It was the capitalistic love for deregulation that led to our current recession. The problem with capitalism is that its supporters assume that if everyone is working as hard as they can to survive, they will naturally progress - just simply is not true. Humans will always be far stronger when they work together than when they work for just themselves.
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Actually the war with nazi germany did that. It became too costly to sustain foreign occupations during a war, so your nation withdrew its forces to avoid heavy losses. When you tried to retake the occupied countries they refused and fought back. As a result you lost your manufacturing base. Without your manufacturing base you couldn't sustain yourself and collapsed economically. It wasn't capitalism that failed you. It was war.
The current recession in the world is a direct result of American policies that led to giving arms to organizations that would later become terroristic in nature as well as giving aid to countries that became free from your imperialistic nation so that they would not turn communist during the long cold war years. America cleaned up after your mess and got ourselves into this problem. As America operates as the country with the monetary standard of the world, our debt issues hurt the economy of the entire world rather than just our own country.
We started wars we couldn't pay for due to economic problems caused by terrorist organizations that we once supported, which just resulted in further problems. Our support of Israel doesn't help matters much either.