Reply to: Question for all right wing capitalists and libertarians?

[Diver]

Starnge though it may seem to your puny second-hand intellect, some of us actually have powers of analysis and synthesis that enable us to weigh evidence and form reasoned opinions.

Synthesis being the operative word here methinks

[sasguru]

Those powers you claim have made you completely change your opinion in this thread. You started laughing at libertarians and your subsequent comments show what you actually believe.

Not really. I had some people in mind. In general I believe in better regulation in the City. But not to atw's communist extent

[BigTime]

Starnge though it may seem to your puny second-hand intellect, some of us actually have powers of analysis and synthesis that enable us to weigh evidence and form reasoned opinions.

Those powers you claim have made you completely change your opinion in this thread. You started laughing at libertarians and your subsequent comments show what you actually believe.

[bogeyman]

Certainly the so called 'free market' has been contaminated with the spectacle of the Captains of Industry being rewarded for failure.

One case which springs to mind - Sven Eriksson - (remember him?) whose miserable campaign resulted in the exit for the England Football team was rewarded by a Golden Goodbye of one million every year over a five year period - five million quid - not bad.

And thats not even getting your team to the semi finals - never mind winning.

It is obvious that is now par for the course for 'them at the top'and they all have their snouts in the pig trough and so all enjoy such ludicrous deals.

Meanwhile US companies regularly axe the ten bottom perfomance of their workface who are struggling to get by whilst senior executives who screw up are rewarded with huge bonuses and golden payoffs.

So it goes.

It's not only the golden payoffs Alf.

Any investment bank worth the name has a special platform, 3 stories above the street entrance, where senior officers of the company can give Golden Showers to the, hapless, sacked underlings as they struggle out with their cardboard boxes full of pitiful personal effects.

[AlfredJPruffock]

Certainly the so called 'free market' has been contaminated with the spectacle of the Captains of Industry being rewarded for failure.

One case which springs to mind - Sven Eriksson - (remember him?) whose miserable campaign resulted in the exit for the England Football team was rewarded by a Golden Goodbye of one million every year over a five year period - five million quid - not bad.

And thats not even getting your team to the semi finals - never mind winning.

It is obvious that is now par for the course for 'them at the top'and they all have their snouts in the pig trough and so all enjoy such ludicrous deals.

Meanwhile US companies regularly axe the ten bottom perfomance of their workface who are struggling to get by whilst senior executives who screw up are rewarded with huge bonuses and golden payoffs.

So it goes.

[DimPrawn]

http://www.thedailymash.co.uk/news/b...-200809161257/

[sasguru]

Me too. Wonder where that cut and paste came from?

Starnge though it may seem to your puny second-hand intellect, some of us actually have powers of analysis and synthesis that enable us to weigh evidence and form reasoned opinions.

[oracleslave]

That is a shocking statement. Capitalism should be about small businesses encouraged to compete not monopolies dominating the market

Point taken, I worded that incorrectly. In an ideal world, yes I think that there is an onus on government to provide an environment whereby small businesses can compete. You can't have it all though as the more you promote democracy and the free market mantra all you are really doing is ensuring the fittest (i.e. the biggest and strongest) flourish and the rest be damned.

[shaunbhoy]

First time ever I agree with you 100%.

Me too. Wonder where that cut and paste came from?

[sasguru]

That was over a decade ago. Relevance?

It gave the City carte blanche to believe they were untouchable under Labour. The FSA et. al. have been toothless tigers by design

True but I don't see the correlation between treating small businesses poorly and the shortcomings of the capitalist system

That is a shocking statement. Capitalism should be about small businesses encouraged to compete not monopolies dominating the market

Maybe so but I think it's a fool that thinks it would have unfolded differently under another ruling party.

I think it would have better under the old-fashioned Tory grandees - at least most were businessmen and understood the issues and limits of the business world

[ace00]

First time ever I agree with you 100%.

What's your take on Global Warming?

WHS.

[oracleslave]

Labour was petrified of spooking the City before they got elected. Blair's strategy was to cultivate contacts in the City and promise that Labour would give them a free hand (for which he has been amply rewarded now.).

That was over a decade ago. Relevance?

Labour have clamped down on the small businessman, sole-trader and self-employed and agreed to whatever big business wanted.

True but I don't see the correlation between treating small businesses poorly and the shortcomings of the capitalist system

This Labour government which consists mainly of cretins who've never had a job in the real world is the most incompetent set of buffoons ever to govern this country in several lifetimes.
For the above reasons they are guilty as sin.

Maybe so but I think it's a fool that thinks it would have unfolded differently under another ruling party.

[DimPrawn]

Labour was petrified of spooking the City before they got elected. Blair's strategy was to cultivate contacts in the City and promise that Labour would give them a free hand (for which he has been amply rewarded now.).
Labour have clamped down on the small businessman, sole-trader and self-employed and agreed to whatever big business wanted.
This Labour government which consists mainly of cretins who've never had a job in the real world is the most incompetent set of buffoons ever to govern this country in several lifetimes.
For the above reasons they are guilty as sin.

First time ever I agree with you 100%.

What's your take on Global Warming?

[sasguru]

In short, I agree that more legislation/regulation could have been in place and that MIGHT have helped prevent this to a small degree. However if they haven't done anything illegal other than make bad decisions I think it's harsh to point the finger of blame at the Gov.

Labour was petrified of spooking the City before they got elected. Blair's strategy was to cultivate contacts in the City and promise that Labour would give them a free hand (for which he has been amply rewarded now.).
Labour have clamped down on the small businessman, sole-trader and self-employed and agreed to whatever big business wanted.
This Labour government which consists mainly of cretins who've never had a job in the real world is the most incompetent set of buffoons ever to govern this country in several lifetimes.
For the above reasons they are guilty as sin.

[TimberWolf]

The barter system is but another bank's collapse away.

better