‘The drive of the Rockefellers and their allies is to create a one-world government combining super-capitalism and Communism under the same tent, all under their control… Do I mean conspiracy? Yes, I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.’
Congressman Larry MacDonald, killed in the Korean Airlines 747 that was shot down by the Soviets

Most of the wor;d’s economies are, in fact, mixed economies. There are many services that the private sector simply cannot provide, and many reasons for at least some % of the economy to be the government. Think anything with the word "Public" in front of it. Public libraries, universities, transportation, etc.

This is far too simplistic of an explanation, however, as it presupposes there are only 2 forms of economic organization, and that they lie on a scale. They do not. Look up libertarian socialism for a completely alternative system.

Would we have ipads, computers, or any of this? Would we have as much employment

How could this system of overproduction and credit bubbles possibly sustain it’s self? Since capitalism needs a government bailout all the time, doesn’t that mean capitalism is not working?
@sound of the silenced

So capitalism is where everything fails, right? How could that possibly work?
All you "true" capitalists all advocate for a system that fails all the time. Why do you want that?

We have the choice between corporatism, government making friends with corporations, or corporations just screwing everyone over. Why don’t you want another choice?

I agree that there should be no bailouts. No company is "too big to fail".

However, I feel the need to ask. Who are you going to give the government contracts to? Some dirt farmer in Zimbabwe?

Can’t count the number of OWS protestors or Yahoo answers people who bash capitalism in general for things that seem to have almost nothing to do with Capitalism. For example, many seem to associate bailouts with capitalism. Bailouts are pretty much the exact opposite of what happens in a real capitalist system.

There are both plenty of people blaming capitalism for the ills in this country that are in fact caused by corporatism and people praising the current capitalist system without realizing that the status quo they are defending is not capitalism, but corporatism.

The bailouts are one good example among many. That was a corporatist policy, not a capitalist one.

What is the difference between capitalism and democracy? Why do people vote for capitalism regardless of what it has done in the United States? What does capitalism do with the insurances of employees and what does democracy do with it?

Capitalism is economic system. Democracy is form of government.

What is the difference between capitalism and democracy? Why do people vote for capitalism regardless of what it has done in the United States? What does capitalism do with the insurances of employees and what does democracy do with it?

Capitalism is economic system. Democracy is form of government.

Government is spending because Capitalism is not providing enough jobs. We don`t need to get rid of Capitalism just change the rules. From what I understand Wal-Mart dropped their made in America slogan after Reagan lowered import tariffs on goods coming in from China. We have the lowest amount of labor unions these days then the 80s and the jobs are not coming back so that is not it.

Change the corporate tax code.
Eradicate all corporate lobbyists.

I am afraid that people are going to blame Capitalism for the crash when it couldn’t be further from the truth. Keynesian Economics is not true Capitalism and as a matter of fact its closer to Communism. Communism is defined as central planning which is exactly what Keynesian Economics is.

Its hard to be a billionaire in a true Capitalist Society. Capitalism does away with inequality and poverty by allowing people to do what they want. It gives you a choice to make money any which way you want. The problem is reaching a pure Capitalist society when you have way too much regulation.

Monopolies and Oligopolies are not Capitalism. They prefer Communism which is why they are in China right now. In the past the leaders would destroy and dismantle any company who had sexual relations with Communists. Unfortunately that is not the case anymore cause our Politicians are now bought and sold on the market.

If you wanna learn more about real Capitalism. Check this out.

http://mises.org/resources.aspx?Id=0689e352-ef3d-4f37-815f-f6f67385aebc

Keysien economics is the problem.
The other problem is people have been duped by Fox News into not understanding every thing every Republican since Ronald Reagan has done has been pure Keynsien economics.

Who lowered the Debt the LEAST in the last 40 years? Carter and Clinton of course!

The deficit has gone up a lot under Obama, but I think with the disaster underway when he took office, he didn’t have much choice, and Republicans haven’t worked with him on one thing, so he’s had to do it all by himself, for good or bad.

I am afraid that people are going to blame Capitalism for the crash when it couldn’t be further from the truth. Keynesian Economics is not true Capitalism and as a matter of fact its closer to Communism. Communism is defined as central planning which is exactly what Keynesian Economics is.

Its hard to be a billionaire in a true Capitalist Society. Capitalism does away with inequality and poverty by allowing people to do what they want. It gives you a choice to make money any which way you want. The problem is reaching a pure Capitalist society when you have way too much regulation.

Monopolies and Oligopolies are not Capitalism. They prefer Communism which is why they are in China right now. In the past the leaders would destroy and dismantle any company who had sexual relations with Communists. Unfortunately that is not the case anymore cause our Politicians are now bought and sold on the market.

If you wanna learn more about real Capitalism. Check this out.

http://mises.org/resources.aspx?Id=0689e352-ef3d-4f37-815f-f6f67385aebc

Keysien economics is the problem.
The other problem is people have been duped by Fox News into not understanding every thing every Republican since Ronald Reagan has done has been pure Keynsien economics.

Who lowered the Debt the LEAST in the last 40 years? Carter and Clinton of course!

The deficit has gone up a lot under Obama, but I think with the disaster underway when he took office, he didn’t have much choice, and Republicans haven’t worked with him on one thing, so he’s had to do it all by himself, for good or bad.

Generation outsource messed up Capitalism and they must be exposed. Wal-Mart dropped their made in America slogan way before Obama or Bush. We are out of credit now and outsourcing is showing.

Capitalism doesn’t need to be bailed out – it needs to be set free. It currently is so hobbled by excessive government regulation and constantly shifting policy that it cannot function as we need it to.

More idiotic government bailouts to help Democrat donors is not a stimulus, just as the first "stimulus" had no economy-stimulating power.

Perhaps you need to recognize that the problem is Democrats and Obama, the people who are preventing the economy from operating as it should and who are stupidly wasting money on fruitless ventures.

Is there a difference?

Isn’t all capitalism a form of cronie capitalism?

Capitalism, in general, is an economic system in which the means of production are privately owned and operated for profit, usually in competitive markets.

Crony capitalism, specifically, is capitalism in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, and so forth.

Crony capitalism is a form of capitalism but not the other way around as you had assumed.

Example : A crooked cop is a cop but a cop is not necessarily a crooked one. Capisci?