Message from @quiscalus

Discord ID: 387577632449101825


2017-12-05 12:11:16 UTC  

I think dr wolff was talking about this but I might be off base that there is a crisis of capitalism as wealth is concentrated the goods produced pile up as the market for those goods shrink, am I on the mark or talking out of my ass?

2017-12-05 12:11:26 UTC  

I can just feel the iq of lemon eminating out of my screen

2017-12-05 12:11:43 UTC  

top cat shush

2017-12-05 12:11:47 UTC  

Sorry

2017-12-05 12:12:02 UTC  

This was from another chat

2017-12-05 12:12:15 UTC  

well you do have a point there quis

2017-12-05 12:12:16 UTC  

howdy top cat I am new here I am a old man but babbie leftist coming here to learn from others

2017-12-05 12:12:22 UTC  

however that wouldn't really happen

2017-12-05 12:12:39 UTC  

supply and demand would take care of that

2017-12-05 12:12:50 UTC  

Dr. Richard D. Wolff has talked about it a number of times. His "Economic Update" videos and podcasts are very good.

2017-12-05 12:13:00 UTC  

the crisis of capitalism i do not believe is really a crisis

2017-12-05 12:13:01 UTC  

yeah I listen to them weekly

2017-12-05 12:13:17 UTC  

I love his stuff very easy to access and in plain language

2017-12-05 12:13:38 UTC  

doesn't scare normal folks away by draping himself in the hammer and sickle

2017-12-05 12:13:57 UTC  

Yeah, he's also quite witty and engaging.

2017-12-05 12:14:09 UTC  

there has been isolated incidents of course of capitalism failing like so, but overall supply and demand, competition and the invisible hand of the free market keeps itself stable

2017-12-05 12:14:29 UTC  

Lenin is also one of his influences, which is dope.

2017-12-05 12:14:55 UTC  

>invisible hand

2017-12-05 12:15:03 UTC  

Lol

2017-12-05 12:15:06 UTC  

yeah what about it

2017-12-05 12:15:08 UTC  

I think capitalism will lead us to ruin if relentless pursuit if profit is put before all else I am afraid we are going to end up the the easter islanders chopping down the last tree

2017-12-05 12:15:20 UTC  

no

2017-12-05 12:15:25 UTC  

*like the

2017-12-05 12:15:29 UTC  

government intervention in capitalism will lead to our downfall

2017-12-05 12:15:39 UTC  

every excuse they get, they ram more government power

2017-12-05 12:15:45 UTC  

the billionaire class loves it

2017-12-05 12:16:03 UTC  

The poor always pay if they tax the rich

2017-12-05 12:16:06 UTC  

what happened to us blaming the billionaires? it's partly their fault for our mess

2017-12-05 12:16:15 UTC  

what does capitalism do to the poor who need things like antibiotics but it is not profitable to help them?

2017-12-05 12:16:38 UTC  

if you're poor and work hard, the idea is that you'll get to live a healthy life

2017-12-05 12:16:45 UTC  

however, this is not the case in the modern world

2017-12-05 12:17:01 UTC  

Capitalism invented charity

2017-12-05 12:17:02 UTC  

because of corporatist, corrupt scumbag politicians

2017-12-05 12:17:10 UTC  

the fascists of the modern day

2017-12-05 12:17:11 UTC  

The best form of free healthcare

2017-12-05 12:17:14 UTC  

>not real capitalism its corporatism

2017-12-05 12:17:18 UTC  

all I am saying if profit is the only motivation it will leave many lacking basic necessities because the labor they can sell is not worth enough to buy the goods and services they need

2017-12-05 12:17:20 UTC  

promising bailouts to the banks

2017-12-05 12:17:25 UTC  

Do you even know what corporatism is you dumbass

2017-12-05 12:17:27 UTC  

Look it up

2017-12-05 12:17:36 UTC  

tell me what corporatism is