>Bank bailouts
>Corporate subsidies
>Welfare
>Social housing
>Interventionism
>Stock buybacks
>Fiat currency
>Quantitative Easing
>Central banking
>Too big to fail
>World Bank
>International Monetary Fund
arent "capitalism". If capital can be created at will its not capital. All those things listed affect the purchasing power of ALL the currency in circulation - it affects the collective.
this is communism - global communism.
capitalism can burn in a fire for all i care.
Im saying - thats not capitalism. I explained already
Correct. We live in a corporate feudalist system. Capitalism only occurs when capital is (at least theoretically) finite.
Even cryptocurrency could support a true capitalist system, but not fiat.
Based
Communism is when the state owns all the means of production.
Therefore, what? There is no viable plan to either get from there to a condition of "true capitalism," nor to prevent the same things from happening again upon the (attempted) implementation of "true" capitalism. We kind of have to take the world as the natural, most probable expression of various types of systems.
In other words, whether or not "true" communism was tried is mostly irrelevant, since attempts were made in that direction, and we have real-life demonstrations of how that set of ideologies works as a practical, non-theoretical matter.
The same is true with capitalism. You can't "debunk" its practical outcome by appealing to pure theory.
Take the biggest mortgage you can afford to pay interest-only on. Society will collapse well before you have to pay it off. Buy a huge house with big walls to keep niggers out.
Based (and redpilled), fuck kikes.
>when the state owns all the means of production.
Right. The "means of production" is the money supply. If you control this you contol everything else.
I know the central banks are "privately owned" but the fact is, governments are TRILIONS in debt to these private owners and will never pay it off. Will will just continue to go into more and more debt. This "unlimited" supply of currency devalues ALL currency. This is communism
I'm saying unlimited free currency is not capitalism
>governments are TRILIONS in debt to these private owners and will never pay it off
But these private faggots create money out of nothing. The value of it is arbitrary, so the debt is arbitrary user.
Fuck the jewish banks.
Are you a gold bug lolberterian? The gold standard sucked. Why not enjoy free unlimited money?
>The value of it is arbitrary, so the debt is arbitrary
Sure, its backed by nothing.
But it has a perceived value. I can still buy stuff with currency. The more currency thats created, the less perceived value it has.
Thats why millennials are not buying houses and starting families
>The gold standard sucked
It presided over the greatest expansion of civilization the world has ever seen - the colonial period. Western nations began to collapse the moment the link between value and currency was severed
>Why not enjoy free unlimited money?
because you are screwing over everyone who comes after you.
An increase in the amount of available currency leads to inflation.
I don't see how that makes our current system "not true capitalism".
Capitalism is a system of production where the means of production are privately owned.
>I don't see how that makes our current system "not true capitalism".
See > > > > > > > and > > > >
>The more currency thats created, the less perceived value it has.
Yes that is called inflation user.
>Thats why millennials are not buying houses and starting families
No, they don't because they have to pay the debt for their education and the jobs that they get are underpayed. So they aren't capable of accumulating sufficient resources to start a familiy, there is also the fact that degeneracy is promoted by our capitalism media.
>pay the debt for their education and the jobs that they get are underpayed
Right - both of these are the result of a devalued currency
>that is called inflation user.
Yes - people dont understand inflation
I'm not sure if you know, but communism never existed. The reds wanted it to happen via making the means of production owned by the working class. They made two big mistakes the first one being the thoughts that such a system is possible and the second happened when they made everything state property basically creating the capitalism of the working class (shit tier thing too).
I would agree that we actually live in some kind of a neo-feudal system with a lot of capitalist strains but then again there are still more arguments that this is global capitalism. Everything is owned by a few who don't give a shit about anything else except profit. Not money, but profit. And theese people will do anything to have a profit, that is why they created the EU for example. A borderless heaven in which you don't pay taxes for export when you take stuff from Germany to France eg. The IMF and WB are just institutions of this system put in place to subdue financially any opposition and colonise them along with small countries with a cheap working force.
The gommunist manifesto talks about state owned banking system.
But our banks are (((private))).
That is the entire problem.
You fucking libertard.
>our banks are (((private))).
Right - but the state has exclusive access to them.
>Right - both of these are the result of a devalued currency
No, the wages of millenials are lower compared to previous generations taking into account inflation.
yes - we are saying the same thing
>Right - but the state has exclusive access to them.
Right - But the (((owners))) of the federal bank control the government.
And these people are a group of international capitalists.
>The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths.
No, i'm saying that inflation aka the devaluation of the currency has nothing to do with it.
>wages of millenials are lower compared to previous generations taking into account inflation.
>inflation aka the devaluation of the currency has nothing to do with it.
yes
>If capital can be created at will its not capital
Nah, it is. Your views are dated and limited.
Its literally not.
>Capital is a term for financial assets, such as funds held in deposit accounts, as well as for the physical factors of production; that is, manufacturing equipment. Additionally, capital includes facilities, including buildings used to produce and store manufactured goods.
fiat currency is not a financial asset. Its a debt - the opposite.
Currency is the opposite of capital
It can be both. Go sign up for Basic Econ 101.
Ok, let me try to explain.
You have more currency thus the prices for goods increase but the earning wages are increased to compensate for inflation.
So in the end you are paying the same shit in terms of the %.
But if we calculate the rate of inflation, there is still a significant difference in the wages between the current and the previous generations which isn't caused by inflation.
No - It can't and it isn't.
"Basic Econ 101" is education. The same education that all those wall street guys got. And then they all needed bailing out.
>It can't and it isn't.
If you can use it that way, and people accept it that way, then it is.
>"Basic Econ 101" is education
Exactly. Sounds like you'd really benefit from any of it.
>but the earning wages are increased to compensate for inflation.
No they dont. > >> a significant difference in the wages between the current and the previous generations which isn't caused by inflation.
So what causes this?
(((education))) - the same education that resulted in the 2008 bailout-a-palooza
>If you can use it that way, and people accept it that way, then it is.
No - the more you create the less value it has. So eventually it will have no value
Education didn't cause that. Greed by all parties did. Sub-prime loans are ill-advised, but still capitalism.
Also, you're forgetting that supply and demand exists.
At last you finally see..
"not real capitalism"
like pottery
It's regulated capitalism, not communism. You concave skulled mong.
>people laughed at Hitler's monetary system because of the fiat meme
>we now use fiat currencies but in a much less efficient way
Lol, who's the retard now?
>Education didn't cause that.
these people were taught sub prime loans
I explained perfectly well why its not capitalism, jew
No - theres no capital. And we are all affected by the fluctuations in value of the central banks currency.
>So what causes this?
Because fuck workers goy
So what causes this?
>The Economic Policy Institute stated wages have stagnated in the United States since the mid 1970s, failing to keep up with productivity. According to them, between 1973 and 2013, productivity grew 74.4% and hourly compensation grew 9.2%
Already adjusted for inflation
Why?
Because the (((employers))) aren't paying proportionally to the increase in productivity.
There isn't an "Intro to Sub-Prime Loans" class you can take, idiot. It's not an economic principle. They were trying to abuse a bubble, and hoping to make easy money off of idiots they were enslaving. Frankly, a proper study of economics advises against such myopia.
>(((employers))) aren't paying proportionally to the increase in productivity.
right - and they cant because the currency has devalued because of inflation. No business could afford to pay workers the same as in the past adjusted for inflation
>Jow Forums manages to meme normies into all trying to withdraw their money on the same day
>mfw
>Stating "the abandonment of full employment as a main objective of economic policymaking, declining union density, various labor market policies and business practices, policies that have allowed CEOs and finance executives to capture ever larger shares of economic growth, and globalization policies"[8] have resulted in stagnant real wages in a time of increasing productivity.
Fuck the working goy user, we need more profits.
they all went to university and got qualifications that allowed them to dabble in subprime loans. they all started somewhere.
Education is not a measure of how intelligent you are, but of how much of a tool you can be
Jesus, i already said that the inflation rate was taken into account.
Do you understand english?
It will not work each bank has a certain amount of money that can be taken from them each day and it can easily deny access if such an event would happen.Just look at Greece for example.
The banks, the bubble, and a lack of regulation allowed them to dabble. Education would have told them not to recreate flawed policies. Frankly, capitalism was the problem.
>Education is not a measure of how intelligent you are, but of how much of a tool you can be
Yet you're being quite a tool while also being uneducated. Remarkable.
>this is communism - global communism.
ever since cain made the first city, it's all
been communism since then. no one has
any real choice, it's all chosen for you.
Just because the government is involved in some way doesn't mean the economic system overall isn't primarily capitalist. Shit some of those things are arguably the result of capitalists using the government to further and protect their own interest.
But goy, if capitalist corporations influence politicians that isn't real capitalism.
You just need to remove the state, so that the corporations can monopolize the use of force.
Wouldn't matter, if enough did it and enough got denied, it would only strengthen what i assume would be the meme type Jow Forums decides to use, fear, it would cause even more fear and panic when people could get nothing, riots and other such things would beak out, more fear, people mass selling off stocks, more panic, etc
in a country as large as the USA alone it would be enough to have a far different outcome than what occurred in Greece
It will not work everyone will only be allowed to take a certain amount of cash so that the fear will go away, only enough to buy food and water for a day.Not to mention the army and politicians will intervene to stop it.
The Lima Declaration
This is why Putin described liberalism as obsolete. The job is complete. We are now nothing more than debt cows. Vectors for fiat currency flows, creating demand for dollars that keeps the ponzi going.