Author Topic: Capitalism "outdated and crumbling"?  (Read 643 times)

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Online AlanS

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Capitalism "outdated and crumbling"?
« on: January 23, 2012, 01:25:50 PM »
So the ELITES come up with a better plan. For some reason, cutting government spending never enters the conversation.

This whole thing stinks to high Heaven. ::outrage::


Quote
World Economic Forum (WEF) founder and executive chairman Klaus Schwab give...

Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as "outdated and crumbling."
"We have a general morality gap, we are over-leveraged, we have neglected to invest in the future, we have undermined social coherence, and we are in danger of completely losing the confidence of future generations," said Klaus Schwab, host and founder of the annual World Economic Forum.

"Solving problems in the context of outdated and crumbling models will only dig us deeper into the hole.

"We are in an era of profound change that urgently requires new ways of thinking instead of more business-as-usual," the 73-year-old said, adding that "capitalism in its current form, has no place in the world around us."

Some 1,600 economic and political leaders, including 40 heads of states and governments, will be asked to come up with new ideas as they converge at eastern Switzerland's chic ski station for the 42nd edition of the five-day World Economic Forum which opens Wednesday.

The eurozone's failure to get a grip on its debt crisis and the spectre this is casting over the global economy will dominate discussions.

"The main issue would be the preoccupation with the global economy. There will be relatively less conversation about social responsibility and environment issues -- those tend to come to the fore when the economy is doing well," John Quelch, dean of the China European International Business School, told AFP.

"The main conversation will be about a deficit of leadership in Europe as a prime problem," he added.

The annual talk-shop comes barely a week after the eurozone's reputation took a further battering, as ratings agency Standard and Poor's downgraded the credit-worthiness of nine eurozone countries, including stripping France of its triple-A grade.

While saved from the downgrade embarrassment, the region's economic powerhouse Germany has nevertheless been forced to lower its growth forecast, dragged down by its neighbours' debt woes and weaker demand from emerging markets.

The forum will centre on the issue from the beginning, as German Chancellor Angela Merkel opens with a keynote speech.

The World Bank slashed its global economic growth forecasts to 2.5 percent for 2012 and 3.1 percent in 2013 -- sharply lower than previous estimates of 3.6 percent for both years.

Beyond economic issues, the forum will address a plethora of other subjects.

Sessions will range from scientific discoveries expected to shape 2012, to a discussion on the differences perceived when a Beethoven sonata is played on historic and modern instruments, to how virtual games can be harnessed for innovation in the real world.

It will also hear about the profound changes in the Arab world after a series of revolutions swept across the region in 2011. New Tunisian Prime Minister Hamadi Jebali and Egyptian presidential candidate Amre Moussa will both be present at the meeting.

Political issues in other regions will be addressed, with the participation of Mexican Felipe Calderon, his Nigerian counterpart Goodluck Jonathan and Salva Kiir Mayardit, President of the fledgling South Sudan.

Up to 5,000 Swiss soldiers have been mobilised to secure the location, and the air space around eastern Switzerland's Davos region will also be severely restricted during the week.

But anti-capitalist demonstrators are planning to make their presence felt.

The Occupy WEF protestors have built igloos in the middle of the village perched 1,500 metres above sea level and are planning a protest against those they call "self-proclaimed elites."

"Malo periculosam, libertatem quam quietam servitutem."

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Online IronDioPriest

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Re: Capitalism "outdated and crumbling"?
« Reply #1 on: January 23, 2012, 01:28:36 PM »
Capitalism fails in direct proportion to the meddling of government in the free market. The current system is not capitalism anymore. It is that perversion that is failing, not capitalism.
"A strict observance of the written laws is doubtless one of the high duties of a good citizen, but it is not the highest. The laws of necessity, of self-preservation, of saving our country when in danger, are of higher obligation. To lose our country by a scrupulous adherence to written law, would be to lose the law itself, with life, liberty, property and all those who are enjoying them with us; thus absurdly sacrificing the end to the means."

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Offline Sectionhand

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Re: Capitalism "outdated and crumbling"?
« Reply #2 on: January 23, 2012, 04:20:48 PM »
Kill Capitalism and they'll find out how much blood they can get from a corpse .

Online Pandora

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Re: Capitalism "outdated and crumbling"?
« Reply #3 on: January 23, 2012, 06:07:26 PM »
"They" will never kill it, they just will be able to prevent it from functioning.  Capitalism is nothing more than people trading voluntarily with each other; it exists in the nature of humans, always has, always will.
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Online AlanS

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Re: Capitalism "outdated and crumbling"?
« Reply #4 on: January 23, 2012, 07:19:34 PM »
"They" will never kill it, they just will be able to prevent it from functioning.

If you prevent it from functioning, isn't that killing it?
"Malo periculosam, libertatem quam quietam servitutem."

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Online Pandora

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Re: Capitalism "outdated and crumbling"?
« Reply #5 on: January 23, 2012, 07:29:34 PM »
"They" will never kill it, they just will be able to prevent it from functioning.

If you prevent it from functioning, isn't that killing it?

No, I don't believe so.  Killing it would mean eradicating it from human practice.  Ain't gonna happen.  Anywhere the jackboot can be pried off the neck, people will engage in voluntary trade.  Accounts for the Black Market, too, doncha think?
"Under certain circumstances, profanity provides a relief denied even to prayer." - Mark Twain

"Let us assume for the moment everything you say about me is true. That just makes your problem bigger, doesn't it?"

Offline LadyVirginia

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Re: Capitalism "outdated and crumbling"?
« Reply #6 on: January 23, 2012, 07:33:07 PM »
"They" will never kill it, they just will be able to prevent it from functioning.

If you prevent it from functioning, isn't that killing it?

I think it disappears to appear when conditions permit it.

Capitalism is really an economic response or expression of what makes men free--self-determination/free will/a child of God/whatever you call it.  It manifests itself in trading for goods and services created from the very being of a person.
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Online Alphabet Soup

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Re: Capitalism "outdated and crumbling"?
« Reply #7 on: January 23, 2012, 08:38:10 PM »
"They" will never kill it, they just will be able to prevent it from functioning.

If you prevent it from functioning, isn't that killing it?

Effectively, but not principally. Just like the degenerates could effectively banish conservatism from the arena of public discourse (through political correctness and mass media manipulation) but they can never kill the underlying principles that define conservatism.

Offline LadyVirginia

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Re: Capitalism "outdated and crumbling"?
« Reply #8 on: January 23, 2012, 08:41:53 PM »
"They" will never kill it, they just will be able to prevent it from functioning.

If you prevent it from functioning, isn't that killing it?

Effectively, but not principally. Just like the degenerates could effectively banish conservatism from the arena of public discourse (through political correctness and mass media manipulation) but they can never kill the underlying principles that define conservatism.

Can't kill the truth.
"And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor."

Online ToddF

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Re: Capitalism "outdated and crumbling"?
« Reply #9 on: January 24, 2012, 07:13:09 AM »
The idea of electing leftist garbage, who run consistent 10% deficits is "outdated and crumbling."

The idea of our universities churning out more Poli Sci retards than engineers is "outdated and crumbling"

The idea of George Soros, babe magnet, is "outdated and crumbling."

Offline Libertas

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Re: Capitalism "outdated and crumbling"?
« Reply #10 on: January 24, 2012, 07:59:06 AM »
The Left's house of cards, outdated and crumbling.

See you at the revolution!

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