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    Senior Member INTP's Avatar
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    Default The Collapse of The American Dream Explained in Animation, about capitalism



    great video that everyone should watch imo. however i dont think this is just about the "american dream", but concerns people all over the world. this is exactly how the hell on earth is created, its the shadow of the american dream that few people know how to control and feed off the imbalance created by the greed of the people and offered by private banks. this is what capitalism allows the ones with most cash to do and exactly the reason why capitalism doesent work(except for the ones in power) and why all people in support of capitalism are either dumb as fuck or pure evil.
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    Senior Member Jaguar's Avatar
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    Hell on earth is money? Too funny.

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    Senior Member INTP's Avatar
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    Quote Originally Posted by Jaguar View Post
    Hell on earth is money? Too funny.
    i didnt say that, you misreading that i did is whats funny
    "Where wisdom reigns, there is no conflict between thinking and feeling."
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    Administrator highlander's Avatar
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    Maybe we should go back to having tribes, or kings and queens or feudalism or something like that. There is always a caste system too.

    I still maintain that it's corporations that are the problem. It's an invented construct that is very recent.

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    Senior Member INTP's Avatar
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    Quote Originally Posted by highlander View Post
    Maybe we should go back to having tribes, or kings and queens or feudalism or something like that. There is always a caste system too.
    why do we need to do stuff all over again that has proven to be a failure, when we have grown so much as an intellectual species that can learn from our past mistakes?

    ps. the tribe thing would work out great if we wouldnt had ruined this planet by killing all the pray to feed on and overpopulated the planet with people.
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    Senior Member Jaguar's Avatar
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    Quote Originally Posted by INTP View Post
    i didnt say that, you misreading that i did is whats funny
    Let's see... your idea of population control was killing Americans. Your idea of learning about other cultures was posting a video of women playing with their tits (before the mods deleted your thread). And you think I would believe anything that comes out of that hole of yours that some people might call a mouth? Not a chance.

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    Whisky Old & Women Young Speed Gavroche's Avatar
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    It's about a certain form of mixed capitalist economy, not about laissez-faire capitalism.
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    Thanks for sharing this interesting upload. I think the vid was a bit long winded. After 15 minutes I was exhausted. The information-densitiy should have been higher, the length of the vid shorter.

    When it comes to the subject, I'm not sure what to think of it. Is the vid an absolute fact in the USA or is it a liberal approach of some part of the banking system? Also, every form of lending money seems to be bad. Does it means one has to stop borrowing money? Do banks need to stop the business of lending money altogether? I'm not sure if that would be fair. From what I gather, the US President Carter warned the public against overspending (am I correct?). Does it relate to this vid? All in all questions. The vid by itself doesn't give me enough ground to stand on.

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    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by highlander View Post
    Maybe we should go back to having tribes, or kings and queens or feudalism or something like that. There is always a caste system too.

    I still maintain that it's corporations that are the problem. It's an invented construct that is very recent.
    That's a bit simplistic, corporations are just firms in the economy, a particular company structure.

    I dont think that the sorts of firms which predate the modern corporation or any of the possible alternatives which could post date it, which I dont hold out much hope for materialising any time soon as managerialism is just too strong an ideology, would change the contradictions which brought the present crisis about.

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    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by INTP View Post


    great video that everyone should watch imo. however i dont think this is just about the "american dream", but concerns people all over the world. this is exactly how the hell on earth is created, its the shadow of the american dream that few people know how to control and feed off the imbalance created by the greed of the people and offered by private banks. this is what capitalism allows the ones with most cash to do and exactly the reason why capitalism doesent work(except for the ones in power) and why all people in support of capitalism are either dumb as fuck or pure evil.
    I couldnt keep watching that actually, capitalism does work, it works very well as what it is and what it is is probably the most appealing social economic ideology which there has EVER been in existence. It doesnt have much real relationship to what is happening in the economy, that has more to do with class struggles but theorists left and right who're honest have known that from long before the advent of Marx and his theories.

    I call absolute bullshit on any criticism of capitalism or political economy which suggests that greed is the ultimate culprit and moralising is the solution, moralising is hand wringing and suits the people who brought the present crisis about and want to survive it without any radical changes or restructuring threatening their status, wealth and power.

    It wasnt that financial capitalists were unhappy with having a ton of money already and wanted to make a ton more and exploited a bunch of dreaming yokels, the poor saps didnt realise they were happy, to do it. This is the age old playing off of financial capital and commercial/industrial, so called "real capital", which happens in all of these crisis, it happened before the second world war and in Germany it got channelled into anti-semitism, the socialist Bebel said a complete age ago that anti-semitism is "the socialism of fools" and I dont think he was wrong. I wouldnt be surprised if it makes a come back all the conspiratorial and tea party mania there is about shadowy groups of international financiers plotting against the good ol' US of A.

    Its also the battle of old money and the nouveau rich or new rich. Old money is threatened by the sorts of taxation or real changes which can be brought about by shit disturbing restructuring or post-crisis keynesianism/government interventions. The spending of governments in non-recession, non-depression phases of any economy are funded by economic growth, that's surpluses, that money no one misses in other words. However during a recession or depression the same old spending bites into money that's not surplus, threatens legacies which have been around a long time. The same thing can wipe out the nouveau rich or new rich altogether but old money will blame, perhaps rightly too, the new rich for bringing it about because they were generally responsible for the most risky decision making contributing to the crisis, they got to make their money some way and old money doesnt share or cede its market shares to competition.

    I would say its more fundamental than that, capitalism has a mess of internal contradictions, I'm not saying any alternative wouldnt too and perhaps it is a matter of choosing between which mess of contradictions you prefer, and yes all earlier societies had their own mess of contradictions aswell and its why we have capitalism today.

    Capitalism's present contradictions required commodities fixed fait currencies, then in the eighties there was the credit card revolution, then further developments of that idea, OK the whole sub-prime bubble could've been guessed at and better regulation could have forestalled the shit hitting the fan (fuck knows who thought up lending to No Investments, No Job or Assets, ie NINJAs, that shit makes no sense) although I think this sort of thing is inevitable. No one wants to look at the reality and strip away the ideology though because it all rings of marxism and marxism rings of gulags and foreigners and mean russians and the stuff Rand wrote about.

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