Now even the right is focused on capitalism's flaws | Nick Cohen

Jan 26, 2013 Full story: The Guardian 37

In March last year, Emmanuel Saez, a sober economist at the University of California, published a sensational analysis that ought to change the way you see the world.

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“Sustainability Now!”

Since: May 08

Vadnais Heights

#2 Jan 26, 2013
Worthy of note that this is a British publication -- the conservative concerns mentioned are over THERE.

Here is the USA, there are NO thoughtful conservatives in public office who actually think through their absurd proposals (e.g., Lyin' Ryan's "Path To Prosperity")-- just purely ideological praise and prattle. They create an alternative universe -- and then are shocked -- SHOCKED -- when Reality turns up quite differently (e.g., Obama's victory).

Quite sad, actually.
Cat7

Mchenry, IL

#3 Jan 26, 2013
Capitalism may have flaws, but it is still the best system in the world. We will adopt it again as soon as the Socialsts finish their temperory experiment. It sure isn't working. And it is making them look so stupid.

“Obama Shames the USA”

Since: Apr 09

Location hidden

#5 Jan 27, 2013
In China they call them "Capitawrist fraws."
The Communists are crawling around like roaches, And we have one in the White House.

“Obama Shames the USA”

Since: Apr 09

Location hidden

#6 Jan 27, 2013
Jun 13, 2011 –“Racism against black people may be the strongest form of racism in China."
.
Obama is handing America over to China. GM is already gone. Blacks better be careful what they wish for.
Wall Street Government

Sebastian, FL

#7 Jan 27, 2013
Reaganomics is NOT "capitalism".

Capitalism happens on main street, NOT Wall Street or Washington.

Since: Aug 11

Location hidden

#8 Jan 27, 2013
Cat7 wrote:
Capitalism may have flaws, but it is still the best system in the world. We will adopt it again as soon as the Socialsts finish their temperory experiment. It sure isn't working. And it is making them look so stupid.
we would have to throw out the US Constition then but do you believe people are going to give up Social Security which they are not intitled to anyways besides the US constitution goes against Capitalism since there is no taxes in Capitalism everything is privately owned and controlled and the government is not allowed to get involved in economical activity where the US constitution grants that authority under Clause 3 known as the commerce clause which was the bases for Sherman Anti Trust Act which the Socialist Republicans granted the Federal Government the ability to go after Capitalist and their monopolies which is inherit to Capitalism.

Social Security’s Sham Guarantee

http://www.cato.org/publications/commentary/s...

Article 1, Section 8

Clause 1. The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

The very first power given to Congress by the Constitution is the power to tax. Money is power, and in the governmental structure created by the Constitution, Congress—not the president—controls the money. Congress also has the power to levy tariffs (taxes on imported goods) but it's not allowed to charge more for imports into one state than into another. The Framers of the Constitution probably put the tax power first on the list of Congress's enumerated powers because they were acutely aware that one of the biggest problems of the old Articles of Confederation was that its version of Congress did not have the power to tax, and thus didn't have the power to do much of anything at all.

Clause 3. To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

Congress has the power to impose regulations on interstate and international business. This "interstate commerce clause" has been quite controversial in the history of constitutional law; for a long time, judges tended to read the clause narrowly, overturning federal laws they deemed focused mainly on regulating economic activity within states rather than between them. Since the 1930s, however, judges have tended to read the clause broadly, allowing the government to regulate all kinds of economic activity—by setting a national minimum wage, for example.

http://www.shmoop.com/constitution/article-1-...

Sherman Antitrust Act

The Sherman Antitrust Act (Sherman Act, July 2, 1890, ch. 647, 26 Stat. 209, 15 U.S.C.§§ 1–7) is a landmark federal statute on United States competition law passed by Congress in 1890. It prohibits certain business activities that federal government regulators deem to be anticompetitive, and requires the federal government to investigate and pursue trusts, companies, and organizations suspected of being in violation.

http://en.wikipedia.org/wiki/Sherman_Antitrus...

Since: Feb 07

Location hidden

#10 Jan 27, 2013
Madaman wrote:
Worthy of note that this is a British publication -- the conservative concerns mentioned are over THERE.
Here is the USA, there are NO thoughtful conservatives in public office who actually think through their absurd proposals (e.g., Lyin' Ryan's "Path To Prosperity")-- just purely ideological praise and prattle. They create an alternative universe -- and then are shocked -- SHOCKED -- when Reality turns up quite differently (e.g., Obama's victory).
Quite sad, actually.
The political puff piece by Emmanuel Saez, was disconnected from reason and human behavior. It seems that the school grades on the number of words published.

“Obama Shames the USA”

Since: Apr 09

Location hidden

#11 Jan 27, 2013
First of all, he is British talking about England. I'll put it this way, He was an advocate of the 2003 invasion of Iraq. The picture is from probably 30 years ago also. Democrats like to mislead with headlines. It's a Joseph Goebble's strategy used by Hitler before and during WWII. You have to read the articles completely unless you be duped by the hateful and corrupt democrats and their heinous political propaganda.
I just consider them archaic and stupid, but they still do get a lot of people with this tactic, unfortunately.

Since: Aug 11

Location hidden

#12 Jan 27, 2013
Cat7 wrote:
Capitalism may have flaws, but it is still the best system in the world. We will adopt it again as soon as the Socialsts finish their temperory experiment. It sure isn't working. And it is making them look so stupid.
In this article, you'll explore capitalism: its roots, principles and effects, benefits and shortcomings. We'll find out how capitalism compares to the alternative method of doing business. Incidentally, the United States doesn't actually practice capitalism. No one does these days.

Today, the economies of nations that are typically referred to as capitalist are in fact mixed economies -- they incorporate certain aspects of capitalism and certain aspects of planed economies. In pure capitalism, things like child labor laws, Social Security, anti-discriminatory hiring practices and a minimum wage have no place. Capitalism rejects all government intervention in economic matters.

http://money.howstuffworks.com/capitalism1.ht...

Since: Nov 08

Paris

#13 Jan 27, 2013
Wall Street Government wrote:
Reaganomics is NOT "capitalism".
Capitalism happens on main street, NOT Wall Street or Washington.
So is that why Obama keeps failing, the 42 million he took from wall street while pissing on main street.

Since: Nov 08

Paris

#14 Jan 27, 2013
Anonymous of Indy wrote:
<quoted text>we would have to throw out the US Constition then but do you believe people are going to give up Social Security which they are not intitled to anyways besides the US constitution goes against Capitalism since there is no taxes in Capitalism everything is privately owned and controlled and the government is not allowed to get involved in economical activity where the US constitution grants that authority under Clause 3 known as the commerce clause which was the bases for Sherman Anti Trust Act which the Socialist Republicans granted the Federal Government the ability to go after Capitalist and their monopolies which is inherit to Capitalism.
Social Security’s Sham Guarantee
http://www.cato.org/publications/commentary/s...
Article 1, Section 8
Clause 1. The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
The very first power given to Congress by the Constitution is the power to tax. Money is power, and in the governmental structure created by the Constitution, Congress—not the president—controls the money. Congress also has the power to levy tariffs (taxes on imported goods) but it's not allowed to charge more for imports into one state than into another. The Framers of the Constitution probably put the tax power first on the list of Congress's enumerated powers because they were acutely aware that one of the biggest problems of the old Articles of Confederation was that its version of Congress did not have the power to tax, and thus didn't have the power to do much of anything at all.
Clause 3. To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;
Congress has the power to impose regulations on interstate and international business. This "interstate commerce clause" has been quite controversial in the history of constitutional law; for a long time, judges tended to read the clause narrowly, overturning federal laws they deemed focused mainly on regulating economic activity within states rather than between them. Since the 1930s, however, judges have tended to read the clause broadly, allowing the government to regulate all kinds of economic activity—by setting a national minimum wage, for example.
http://www.shmoop.com/constitution/article-1-...
Sherman Antitrust Act
The Sherman Antitrust Act (Sherman Act, July 2, 1890, ch. 647, 26 Stat. 209, 15 U.S.C.§§ 1–7) is a landmark federal statute on United States competition law passed by Congress in 1890. It prohibits certain business activities that federal government regulators deem to be anticompetitive, and requires the federal government to investigate and pursue trusts, companies, and organizations suspected of being in violation.
http://en.wikipedia.org/wiki/Sherman_Antitrus...
Yes, we know the liberal FDR ponzi fraud was a lie from the beginning. What else is new. Wilson, FDR, Carter, Clinton, Bush and Obama have all done their best to control the Supreme Court until now so they can continue to add unconstitutional additions to our system. It has slowly eroded our system and our government.
Wall Street Government

Sebastian, FL

#15 Jan 27, 2013
Le Jimbo wrote:
<quoted text>So is that why Obama keeps failing, the 42 million he took from wall street while pissing on main street.
One of them, yes.

The other is the obstructionist teabagger congress who keep insisting the failed economic model of trickle down Reaganomics, works.

“Happiness comes through giving”

Since: Feb 08

Location hidden

#17 Jan 27, 2013
Cat7 wrote:
Capitalism may have flaws, but it is still the best system in the world. We will adopt it again as soon as the Socialsts finish their temperory experiment. It sure isn't working. And it is making them look so stupid.
Zeigheil, CATatonic.

“Obama Shames the USA”

Since: Apr 09

Location hidden

#18 Jan 27, 2013
Lawrence Wolf wrote:
<quoted text>Zeigheil, CATatonic.
Jun 13, 2011 –“Racism against black people may be the strongest form of racism in China.
Obama wants to get us more into debt with China.
The GOP doesn't.
If you are black, who's really on your side?
Wall Street Government

Sebastian, FL

#20 Jan 27, 2013
Saint Kitty wrote:
How very interesting. Those professing socialism have a history involving the killing of some 150 million persons, yet we are worried about capitalism's various "flaws"? That's like losing sleep over a hangnail when you've got terminal cancer.
We aren't worried about capitalism's various flaws, it's fine.

Reaganomics is NOT "capitalism", Reaganomics is the economic model that's FLAWED.

Poor teabagger.

Since: Aug 11

Location hidden

#21 Jan 27, 2013
Wall Street Government wrote:
<quoted text>
We aren't worried about capitalism's various flaws, it's fine.
Reaganomics is NOT "capitalism", Reaganomics is the economic model that's FLAWED.
Poor teabagger.
The New American Economy: The Failure of Reaganomics and a New Way Forward

by Bruce Bartlett

http://www.aei.org/events/2009/11/09/emthe-ne...

Since: Nov 08

Paris

#22 Jan 27, 2013
Wall Street Government wrote:
<quoted text>
One of them, yes.
The other is the obstructionist teabagger congress who keep insisting the failed economic model of trickle down Reaganomics, works.
CBSNEWS Runs Segment:'Let's Give Up On The Constitution'... Well isn't that exactly what the left has been trying till the courts just slapped Obama down for abuse of power.

Since: Nov 08

Paris

#23 Jan 27, 2013
Lawrence Wolf wrote:
<quoted text>Zeigheil, CATatonic.
Since you liberals like to sing like a canary........or is that a vulture.......anyway, I bet you can really sing up a storm to the horst wessel lied. It's Adolph Obama's favorite song.

Since: Nov 08

Paris

#24 Jan 27, 2013
Anonymous of Indy wrote:
<quoted text>The New American Economy: The Failure of Reaganomics and a New Way Forward
by Bruce Bartlett
http://www.aei.org/events/2009/11/09/emthe-ne...
Hahahahahaah the failure of Reaganomics.......hahaha 24 years of pro growth. What do you call Obama's 4 years of depression and 17.5% unemployment. You loons will believe anything.

Since: Aug 11

Location hidden

#25 Jan 27, 2013
Le Jimbo wrote:
<quoted text>Hahahahahaah the failure of Reaganomics.......hahaha 24 years of pro growth. What do you call Obama's 4 years of depression and 17.5% unemployment. You loons will believe anything.
24 years of pro growth in the US deficit too by Government spending to keep the US economy going.

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