Message from @Gumbo - AZ
Discord ID: 510950382357315594
corporations are meaningless, they are extensions of the state apparatus
there is no sovereign corporation
Corporations largely control state policy via big money politics. That's why GOP congressmen support more immigration when their voters hate it
capitalism is sound money, period. govt focuses on managing money and the goods and services are handled by private parties. corporations play no part unless they are subsidized by the state
Capitalism will inevitably beget monopolies and oligopolies absent regulation
we do not have a capitalist economy in america, we are a part of the global corporate structure known as fascism - unelected elites control global finance
capitalism would be GOLD and GREENBACKS, a true USD
@TMatthews would you agree that Juche economics would be good for america?
compard to the current state
monopoly is not a bad word, and it's rarely achievable in any real sense. capitalism produces multiplicities, which defy the idea of monopolies
the only monopolies that are "bad" are over land, crops, & energy
@Vilhjalmyr Interesting breakdown, thanks for sharing!
North Korea best Korea.
@TMatthews We don't get to be the ones that change the meaning of words. Maybe when we have control over the media, but we just can't do that right now. Even in America, if you talk to any educated person about economics, corporatism refers to a system where employers and employees are sorted into interest groups based on sector and the state mediates negotiations between them to make sure each side is fairly represented.
I'm not trying to be condescending, I'm just saying what the facts are. The fact is, if we just change the meaning of words whenever we want to, it's going to sounds silly to educated people. I'm sorry if saying that comes off the wrong way, but that's just the truth, and it has to be said.
Historically, the great era of capitalism saw the development of monopolies or oligopolies in every major industry. Oil (Rockefeller), Steel (Carnegie), Railroads (Vanderbilt), Explosives (DuPont), Sugar (Domino) etc
i don't think you have bad reasoning @TMatthews , but i agree with earlier comment about definitions. you're using common tongue rather than economics facts
Yeah but what do you guys think about Bitcoin?
It's not even common tongue. The word "corporatism" is rarely used outside of economics discussions.
@Jacob Again, I have literally never had a single person argue my definition and I've discussed this in college economics courses. If it matters so much, fine, pick a different word, but corporatism is a logical choice when critiquing excessive corporate power
@Nerv - VA Juche gang here, who up?>
@ThisIsChris it's decent only because we can't undo globalism, and it's a global commodity. worth holding some, but i'd hold physical gold first
OK how about Monero?
@TMatthews Because most people don't have the energy to argue it. How often do you argue with someone when they say something that sounds silly to you?
i think you might be able to make some money if you understand fundamentals and trading technicals with other coins, but bitcoin seems the most robust @ThisIsChris
BTC / LTC is the gold & silver - with ETH being more like oil with higher volatility and utility as "gas" for Dapps
@Jacob I'm literally an econ major. I would respectfully disagree and bring up the definition if someone used a definition I didn't agree with. Ultimately, however, the "people only pretended to agree because they think you're too stupid to argue with" argument has no basis in reality
if corporatism can only exist with a state apparatus, then it's not even related to capitalism
Exactly, it isn't
@Jacob As I have said repeatedly, you can use a different term. In fact, if you have one, by all means let me know. For communicating with ordinary people though, corporatism works well in my experience.
Corporatism is closer to socialism
^
Can you have a socialist blockchain?
Capitalism cannot exist without the state either
that's not true at all lol
Ancap would inevitably evolve into warlords
capitalism is simply relational values, it has no implied rule structure at all
Capitalism requires a stable currency, backed by government. We can't go back to bartering in the modern economy
that's false
hm
I'm running a sentiment analysis on this chat right now