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America
Topic Started: Apr 29 2008, 02:18 PM (966 Views)
Tristan da Cunha
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Science and Industry
Esternarx
May 1 2008, 09:11 PM
You keep referring to America as having a capitalist system. America has a mixed economy, the government interferes an enormous amount in not only the social spectrum, but the economic one as well. It's not having the capitalist aspect to our mixed system that makes it difficult for the poor to improve themselves, but having the socialist aspect.

The US redistributes just about as much wealth as European socialist countries do, they just give much more of it to the already rich than they do to the poor. This incredibly fascistic, but equally socialistic aspect to the American economic system is commonly misinterpreted as a problem with our supposedly "capitalist" approach.

Using violence and the threat thereof to redistribute a rich person's rightfully gained wealth, (through the thievery of taxation,) to less fortunate people is just as bad as taking everyone's wealth almost equally, (through inflation of the common money supply, (which coincidentally is also a major cause of the coming economic crisis,)) and giving it to a few powerful people, (major corporations, banks, the government, etc.) The US does way too much of both, (but especially of the second.)

America is quite capitalistic. The American government is only an instrument, built over the course of many years, by industrialists and bankers. Our government is the highly logical outcome of 300 years of capitalism, and is the outcome of our greed-based culture and worldview. The American government is a transcendent and depraved "next step" of capitalism, if you will.
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New Harumf
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Bloodthirsty Unicorn
Siadhail
May 2 2008, 10:33 AM
New Harumf
May 2 2008, 08:31 AM
Ressession is not the problem.  The value of the dollar against other currencies is the problem.

Indeed, but that is only one of the many problems. Recession has been caused by them, and it is only the start of things if nothing is done. I'll give more detail when I'm not busy.

This is solved quite easily by raising the interest rates to attract more investment in US dollars, except raising the interest rates while we have an outragious debt level will simply pile on the debt, so the question becomes - what comes first, hyper-inflation, uncontrolable national debt, or economic recovery?? With our manufacturing sectors all but decimated I wouldn't bet on economic recovery right now.

Debt needs to be controlled first. Not eliminated, but controlled. Converted from short-term to long-term debt. We also need to start building new revenue streams. We need to tell the tree-huggers to piss off and open up ANWR and the Pacific coast for exploration, then we need to build new refineries, and allow the Auto companies free access to labor markets out of unionized Michigan, Ohio and Wisconsin (and Windsor, ON).

We need a long period of de-regulating and lowering taxes to force more money into the economy. We need to offer competitive interest rates on 30 year bonds and try to get people off the short term bonds that are paying twice the average of comercial CD's. We need a very agressive economic program, and so far neither Moe, Larry or Curley running for president has offeered a good solution.
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Sedulius
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Field Marshal
New Harumf
May 2 2008, 12:31 PM
Siadhail
May 2 2008, 10:33 AM
New Harumf
May 2 2008, 08:31 AM
Ressession is not the problem.  The value of the dollar against other currencies is the problem.

Indeed, but that is only one of the many problems. Recession has been caused by them, and it is only the start of things if nothing is done. I'll give more detail when I'm not busy.

This is solved quite easily by raising the interest rates to attract more investment in US dollars, except raising the interest rates while we have an outragious debt level will simply pile on the debt, so the question becomes - what comes first, hyper-inflation, uncontrolable national debt, or economic recovery?? With our manufacturing sectors all but decimated I wouldn't bet on economic recovery right now.

Debt needs to be controlled first. Not eliminated, but controlled. Converted from short-term to long-term debt. We also need to start building new revenue streams. We need to tell the tree-huggers to piss off and open up ANWR and the Pacific coast for exploration, then we need to build new refineries, and allow the Auto companies free access to labor markets out of unionized Michigan, Ohio and Wisconsin (and Windsor, ON).

We need a long period of de-regulating and lowering taxes to force more money into the economy. We need to offer competitive interest rates on 30 year bonds and try to get people off the short term bonds that are paying twice the average of comercial CD's. We need a very agressive economic program, and so far neither Moe, Larry or Curley running for president has offeered a good solution.

You know the situation then. Good. We also need to cut down on globalization. We've exported too much of our industry (and thus jobs) to foreign countries, mainly China. (I'm not saying just get rid of it, though.) There is also the fact that China owns the majority of our banks now. We kinda dug our own hole in a sense. You give very good solutions to start with, and thats exactly what people need to be doing. Kudos.
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Sedulius
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Tristan da Cunha
May 2 2008, 11:45 AM
Esternarx
May 1 2008, 09:11 PM
You keep referring to America as having a capitalist system. America has a mixed economy, the government interferes an enormous amount in not only the social spectrum, but the economic one as well. It's not having the capitalist aspect to our mixed system that makes it difficult for the poor to improve themselves, but having the socialist aspect.

The US redistributes just about as much wealth as European socialist countries do, they just give much more of it to the already rich than they do to the poor. This incredibly fascistic, but equally socialistic aspect to the American economic system is commonly misinterpreted as a problem with our supposedly "capitalist" approach.

Using violence and the threat thereof to redistribute a rich person's rightfully gained wealth, (through the thievery of taxation,) to less fortunate people is just as bad as taking everyone's wealth almost equally, (through inflation of the common money supply, (which coincidentally is also a major cause of the coming economic crisis,)) and giving it to a few powerful people, (major corporations, banks, the government, etc.) The US does way too much of both, (but especially of the second.)

America is quite capitalistic. The American government is only an instrument, built over the course of many years, by industrialists and bankers. Our government is the highly logical outcome of 300 years of capitalism, and is the outcome of our greed-based culture and worldview. The American government is a transcendent and depraved "next step" of capitalism, if you will.

This is perhaps the best way I have heard the U.S. system described so far.
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Tristan da Cunha
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Science and Industry
Middle Class under siege in Europe... Frightening economic/social/political/psychological omens...

http://www.nytimes.com/2008/05/01/business...219200&emc=eta1

“In France, when you can’t afford a baguette anymore, you know you’re in trouble,” Ms. Renard said one recent evening in her kitchen, as her partner measured powdered milk for their 13-month-old son, Vincent. “The French Revolution started with bread riots.”

The European dream is under assault, as the wave of inflation sweeping the globe mixes with this continent’s long-stagnant wages. Families that once enjoyed Europe’s vaunted quality of life are pinching pennies to buy necessities, and cutting back on extras like movies and vacations abroad.

Potentially more disturbing — especially to the political and social order — are the millions across the continent grappling with the realization that they may have lives worse, not better, than their parents. "

...

“No one thought during the 1980s that they could possibly belong to a group of people who slide down the social scale,” said Markus Grabka, an economist at the institute for economic research. “No one had existential angst of the sort you have today.”

To be sure, Europe’s middle class is still larger than the number of people at risk of falling into poverty — and, by many measures, more protected than the American middle class. But policy makers worry that could change as the European economy starts to feel the drag of an American slowdown and high inflation.

...

Stagnant pay and soaring prices have hit Italy hardest. Recent statistics from the country’s main shopkeepers’ union showed consumer spending was down 1.1 percent in January from a year earlier, the biggest drop in three years. Leisure and recreation spending fell 5.5 percent.

“I look at people on the bus and they seem sad and beaten down,” said Ms. Di Pietro, referring to Italy’s malaise. “We’re 40 years old. We should be feeling more combative, but really all we feel is frustrated.”

Some European governments are promising relief, but their ability to curb inflation or raise pay is limited.

Italy’s warring political coalitions both ran in last month’s elections promising to lighten the financial burden of average Italians. Their proposals ranged from eliminating unpopular real estate taxes to subsidizing dental care.

In France, the administration of President Nicolas Sarkozy is, among other things, looking into charges of price gouging by food merchants.

German leaders are considering lower taxes. It may not be enough.

Frustrated unions are taking tougher stances in wage talks. Public sector employees, as well as workers in the steel and chemical industries, have recently won wage increases.

“The idea that ‘I will sacrifice to save my job’ is dying,” said Ralf Berchthold, a spokesman with Ver.di, the largest services union in Germany. “People are ready to fight now.”
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Sedulius
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Field Marshal
Damn! Everyone just wants to kill us middle classers, don't they?
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New Harumf
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Bloodthirsty Unicorn
Siadhail
May 3 2008, 05:36 PM
Damn! Everyone just wants to kill us middle classers, don't they?

We have no advocates except ourselves, but keep voting for idiots!
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lebowski2123
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Resident?
Thoughts?

They're called the Right Brothers.
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NRE
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Map Tsar and Southern Gentleman

lebowski2123
Jun 10 2008, 02:45 PM
Thoughts?

They're called the Right Brothers.
For a moment there I thought you wrote "Righteous Brothers"....different group, my bad.
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The CNNP
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Enforcer
Nag Ehgoeg
Apr 30 2008, 01:27 PM
Dislike.

Revolutionary traitors.
At least your honest, like a good Englishman.

On a serious note, I like America. This is a country that was blessed with many natural resources and the republican tradition that - yes, the English libertarian-style form of government - many nations have little to no concept of. The only way they have understood democracy was when it was unconstitutionally imposed on them. How free they are!
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Tristan da Cunha
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Historically, the English style of government was never republican, although under the harmful influence of the American and French Revolutions it is becoming increasingly republican. The Whig colossus Edmund Burke himself for example was a great attacker of republics and staunch defender of his King.
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Catholic Europe
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Tristan da Cunha
Jun 10 2008, 09:38 PM
Historically, the English style of government was never republican, although under the harmful influence of the American and French Revolutions it is becoming increasingly republican. The Whig colossus Edmund Burke himself for example was a great attacker of republics and staunch defender of his King.
That is very correct.

If England had been free from the influences of America and France I'm sure the monarchy would be much more powerful nowadays.....or we would have gone the same way as France and the rest of Europe and abolished the monarchy in a bloody revolution.
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Nag Ehgoeg
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The Devil's Advocate

Catholic Europe
Jun 11 2008, 07:21 AM
Tristan da Cunha
Jun 10 2008, 09:38 PM
Historically, the English style of government was never republican, although under the harmful influence of the American and French Revolutions it is becoming increasingly republican. The Whig colossus Edmund Burke himself for example was a great attacker of republics and staunch defender of his King.
That is very correct.

If England had been free from the influences of America and France I'm sure we would have gone the same way as France and the rest of Europe and abolished the monarchy in a bloody revolution.
Hurrah!
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