tartbrain wrote: > --- In FairfieldLife@yahoogroups.com, Bhairitu <noozg...@...> wrote: > >> nablusoss1008 wrote: >> >>> --- In FairfieldLife@yahoogroups.com, Bhairitu <noozguru@> wrote: >>> but >>> >>> >>> >>>> Did I mention >>>> lately how much I hate capitalism? >>>> >>>> > The diversity of opinion in the world is a wonderous thing. And that one > would be in favor of sustained world poverty is an intriguing view. > > If you actually mean that you hate: > > - facade democracies that allow corrupt, crony elitists to rape and pillage > the economy > > - many instances of inappropriately regulated markets, often the result of > the above, > > -current schemes of regulation that are often corrupt and a tool of > neo-robber barons, > > - global corporations allowed to become too big to fail and have the world > economy by the balls, > > - bailout of global corporate behemoths by the US because their war room > rape and pillage headquarters are in new york, > > - the american dream of equal opportunity is a travesty as education receives > lower and lower priority > > - that all corporations and citizens should be responsible for the costs > they cause and incur on society -- pollution is a good example. > > then we are brothers in arms at the barricades -- in staunch disgust and > rebellion at current political and economic structures > >
In the context of AT&T. IOW, they have a proprietary or difficult way of replacing the router. They have a monopoly because they own the phone lines around here. Sure they lease to other backbones but they cap certain things like upload speeds. I needed faster uploads and when Earthlink couldn't provide it because AT&T capped those I just went to AT&T instead. The only other option is Comcast another monopoly. Big corporations are a problem as they run as if they ARE governments and might as well be. > However, if you are dismissing or deriding the transformative power of > appropriately regulated markets (and we have a long way to go to reach > optimum regulatory levels and structures), entrepreneurship and innovation to > lift billions out of poverty (still a long way to go) then we do differ. > Yannus, founder of Grameen Bank -- the first micro-finance bank for the poor, > and Nobel prize winner, is an enthusiastic advocate of markets, capitalizing > the poor, and the failure of government programs, to raise the world out of > poverty. I tend to agree with him from what I have seen. > > Nothing wrong with small business. > And if you are arguing that command and control top down allocation of > capital is more efficient than appropriately regulated markets to allocate > capital to innovative and fast growing, game changing technologies and > services, then we also disagree. > Nope, socialism is for stuff in the commons is what should be effected not your corner grocer.
