DESCRIBE WHEN AND WHERE THE BEST EXAMPLE OF A PURE CAPITALIST UTOPIA EXISTED...?
HISTORICALLY and Geographically...When and where have we approached the NIRVANNA of the conservative free market system?
1920 s America? Britain 1890s?
- Anonymous12 months agoFavorite Answer
There's not such thing as "pure capitalism" or a "free market". Capitalism inherently requires a state because it's full of internal contradictions and creates class antagonisms that need to be resolved through violence.
Capitalism only cares about immediate profits. It never plans for the future, because planning for the future makes you less competitive in the here-and-now, so you will get overtaken by a corporation that doesn't plan. The lust for immediate profits leads to the destruction of the environment, which has to be mitigated by a state in order to maintain the country.
Another issue this leads to is economic collapses every few years or so. Corporations want maximum profits in the here-and-now, so they try and screw over their customers and employees as far as they can possibly get away with to keep profits as high as possible. They will pay workers as little as possible, they will keep working conditions as poor as possible, they will sell loans they know people can't afford, etc.
The problem with screwing over working people is that, even though it makes better profits in the here-and-now, when all corporations do it, it weakens the buying power of the working class, which, in effect, crashes the economy, because corporations can't survive without a working class to purchase their products in the first place.
A corporation's desire for keeping production costs low for maximum profit inherently contradicts with the fact that there needs to be buyers to purchase their products in the first place to make a profit, so corporations need regulation or else capitalism will implode in on itself as they decimate the working class then find they have no one to sell products to anymore.
The state, thus, has to step in and force corporations to give the working class better wages and working conditions to keep the economy stable. This doesn't completely work, though, as the economy still crashes every few years, but usually the state can step in with a quick fix during those time periods, like the New Deal in response to the Great Depression and the bank bailouts in response to the Great Recession.
Capitalism also leads to class antagonisms, where a small handful of people accumulate all the property in a society and all the wealth. This enormous wealth inequality between the workers and the property owners is completely unnatural.
In the United States, there are half a million homeless people but over eight million vacant houses. Those people who own the vacant houses don't live in them, often a single corporation owns many homes. Yet, obviously, the people who own the corporation probably don't live in any of those homes.
If you don't occupy or utilize property, what right is it to say it is "yours"? This is known as "absentee property", that is, a form of property that you "own" while never using it. Like if you "own" a house that you never live in in another state. You aren't occupying that property, utilizing that property, defending that property.
The only reason it is "yours" is because the state recognizes it is yours, and so the state will defend it with violence. If the homeless tried to move into those vacant houses, the police would arrest them.
There are always less far less owners than workers. The top 1% own 40% of the wealth in the US, and the top 10% own over 80% of the wealth. Those who own this wealth can never utilize it all themselves, it's primarily all absentee property. The only way to prevent the poor from simply taking the wealth and distributing among themselves based on human need is by having a state to enforce absentee property rights.
This is why the state exists in the first place.
"The state is...the admission that this society has become entangled in an insoluble contradiction with itself, that it has split into irreconcilable antagonisms which it is powerless to dispel. But in order that these antagonisms, these classes with conflicting economic interests, might not consume themselves and society in fruitless struggle, it became necessary to have a power, seemingly standing above society, that would alleviate the conflict and keep it within the bounds of ’order’; and this power, arisen out of society but placing itself above it, and alienating itself more and more from it, is the state."
- Friedrich Engels
- myrrdin emrysLv 712 months ago
Somalia, 1990s to present day.
no government, no taxes, no regulations, and hordes of religious extremists running around with machine guns slung over their shoulders.
sounds like a republican's idea of paradise to me.
- ZirpLv 712 months ago
- Toni ParrLv 712 months ago
The late 19th and early 20th centuries in the US in the age of the "Robber Barons"
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- DCCCLXXXVIIILv 712 months ago
The Middle east in the year 500BC. You ether worked or you starved.
During the middle years of Obama 53% of all Americans were on assistance, the unemployment t rate was 25% before manipulated by the Obama admin.
Today unemployment is 3.2% Thank You Trump.
- Anonymous12 months ago
Before the arrival of the Jews .......... the Nazi Jews from Germany
A second fundamental belief of Strauss’s ancients has to do with their insistence on the need for secrecy and the necessity of lies. In his book Persecution and the Art of Writing, Strauss outlines why secrecy is necessary. He argues that the wise must conceal their views for two reasons – to spare the people’s feelings and to protect the elite from possible reprisals.
The people will not be happy to learn that there is only one natural right – the right of the superior to rule over the inferior, the master over the slave, the husband over the wife, and the wise few over the vulgar many. In On Tyranny, Strauss refers to this natural right as the “tyrannical teaching” of his beloved ancients. It is tyrannical in the classic sense of rule above rule or in the absence of law (p. 70
- Alvin ColmesLv 712 months ago
Right now at the present time more people are out of poverty and hunger thanks to capitalism. LOL
- Anonymous12 months ago
In the United States, under Regan.
- Anonymous12 months ago
Again, Florida swamp admits to sexually molesting little kids