You continue to illustrate my point.
Which makes the incredible gains it gave us even more impressive. Imagine if, with the current enormous capital base that exists on the planet, if we adopted it again, even for a single decade.
By "we" I mean the corrupt politicians who you want to give more power to.
The great majority of the people are concerned with living their lives, not in understanding the minutia of economic systems. The mixed market we switched to was very similar to the previous system, and they have frog boiled us since, slowly applying a greater and greater amount of taxation to ever poorer people, and imposing more and more regulations.
All human systems are corruptible. Your system is not just corruptible, but corrupted from the get go. It also doesn't produce the results capitalism does. It gives great empires, like Nazi Germany, and Imperial Rome, but also leaves the people much poorer than they would be under capitalism, and sews the seeds of its own total annihilation via imperial overreach.
It took 103 years to to get to what we have today. 50 years ago we had a mixed market with much freer enterprise that was a pretty good system. Better than what we have today, and much better than the system you propose. And as for having no value, it has produced the most powerful nation in the world. If that doesn't have value, I don't know what does.
Only a utter fool attempts to change human nature. Capitalism harnesses it. Under capitalism, greed is made to serve the greater good, rather than destroy it. We need only remain vigilant against subversion of the state. That is the only threat, and I think that now enough people are aware of such, and the threat both apparent and recorded forever thanks to the internet, that if we tried it again, it would last much longer.
Completely wrong, and I suspect that you are a Jew. The US had the purest form of capitalism. The UK has had a mixed market since the BoE was founded in 1694. They DID have a good system of free enterprise, and their central bank was constrained by the gold standard until modern times, which allowed them to rule the world for a time, until something freer and thus more powerful came along.
Hello Schlomo. Politics is not a sliding scale from left to right. I think you know it.
Nice Jewish word bending there.
Capitalism is, in fact, and ideology, because it is an ideal representing free exchange between individuals without aggressive interference from bandits or governments.