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Gilgamesh18
Herbivore Man

Registered: 03/01/12
Posts: 11,671
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Capitalism benefits the masses more so than the wealthy
#19114200 - 11/10/13 10:38 AM (10 years, 3 months ago) |
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"Industrial progress, mechanical improvement, all of the great wonders of the modern era have meant little to the wealthy.
The rich in ancient Greece would have benefited hardly at all from modern plumbing — running servants replaced running water.
Television and radio — the patricians of Rome could enjoy the leading musicians and actors in their home, could have the leading artists as domestic retainers.
Ready-to-wear clothing, supermarkets — all these and many other modern developments would have added little to their life.
They would have welcomed the improvements in transportation and in medicine, but for the rest, the great achievements of western capitalism have rebounded primarily to the benefit of the ordinary person.
These achievements have made available to the masses conveniences and amenities that were previously the exclusive prerogative of the rich and powerful." --Milton Friedman
Discuss
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psyconaught
Chemical Connoisseur


Registered: 11/04/10
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Re: Capitalism benefits the masses more so than the wealthy [Re: Gilgamesh18] 1
#19114211 - 11/10/13 10:40 AM (10 years, 3 months ago) |
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do you follow the milton friedman page on Facebook? They literally just posted this quote haha
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Gilgamesh18
Herbivore Man

Registered: 03/01/12
Posts: 11,671
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Re: Capitalism benefits the masses more so than the wealthy [Re: psyconaught]
#19114229 - 11/10/13 10:43 AM (10 years, 3 months ago) |
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LOL
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Synth Ethics
substitution


Registered: 05/18/09
Posts: 5,525
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Re: Capitalism benefits the masses more so than the wealthy [Re: Gilgamesh18]
#19114256 - 11/10/13 10:49 AM (10 years, 3 months ago) |
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not sure how capitalism have to do with the improvement mentioned... I think ancient greece was already all about capitalism and profit.
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psyconaught
Chemical Connoisseur


Registered: 11/04/10
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Re: Capitalism benefits the masses more so than the wealthy [Re: Synth Ethics]
#19114272 - 11/10/13 10:51 AM (10 years, 3 months ago) |
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you don't understand how capitalism creates technological innovation?
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Thulean

Registered: 10/04/13
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Re: Capitalism benefits the masses more so than the wealthy [Re: Gilgamesh18] 2
#19114287 - 11/10/13 10:54 AM (10 years, 3 months ago) |
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Synth Ethics
substitution


Registered: 05/18/09
Posts: 5,525
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Re: Capitalism benefits the masses more so than the wealthy [Re: psyconaught]
#19114302 - 11/10/13 10:58 AM (10 years, 3 months ago) |
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I don't think aquaduc system was invented to make profit. over here tap water is free and managed by the state, no corp involved.
inovation doesn't always equal private corp profit. Platon and Aristote developped their idea on the elements(physics&chemistry basics) via philosophy and didn't earned a single dollard for it.
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psyconaught
Chemical Connoisseur


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Re: Capitalism benefits the masses more so than the wealthy [Re: Synth Ethics]
#19114335 - 11/10/13 11:06 AM (10 years, 3 months ago) |
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Quote:
Synth Ethics said: I don't think aquaduc system was invented to make profit. over here tap water is free and managed by the state, no corp involved.
inovation doesn't always equal private corp profit. Platon and Aristote developped their idea on the elements(physics&chemistry basics) via philosophy and didn't earned a single dollard for it.
do you know how they were able to do that? Because the rich aristocrats hired them to have intellectual discussions etc. Also many famous philosophers back in the day were also painters and inventors who sold they're talents.
-------------------- Think for yourself, question authority
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,812
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Re: Capitalism benefits the masses more so than the wealthy [Re: Gilgamesh18]
#19114365 - 11/10/13 11:19 AM (10 years, 3 months ago) |
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Quote:
Gilgamesh18 said: "Industrial progress, mechanical improvement, all of the great wonders of the modern era have meant little to the wealthy.
The rich in ancient Greece would have benefited hardly at all from modern plumbing — running servants replaced running water.
Television and radio — the patricians of Rome could enjoy the leading musicians and actors in their home, could have the leading artists as domestic retainers.
Ready-to-wear clothing, supermarkets — all these and many other modern developments would have added little to their life.
They would have welcomed the improvements in transportation and in medicine, but for the rest, the great achievements of western capitalism have rebounded primarily to the benefit of the ordinary person.
These achievements have made available to the masses conveniences and amenities that were previously the exclusive prerogative of the rich and powerful." --Milton Friedman
Discuss
Agreed
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TrentBoyett
Aspiring Mycologist



Registered: 11/29/12
Posts: 16,000
Loc: Kazakhstan
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Re: Capitalism benefits the masses more so than the wealthy [Re: Gilgamesh18]
#19114383 - 11/10/13 11:24 AM (10 years, 3 months ago) |
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Not sure what this really has to do with modern economics but okay..
Capitalism is okay in my book though, it's one of my top 5 favorite economic systems...
I find a Resource Based Economy to be the best and most rewarding system for the masses though.
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Synth Ethics
substitution


Registered: 05/18/09
Posts: 5,525
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Re: Capitalism benefits the masses more so than the wealthy [Re: psyconaught]
#19114397 - 11/10/13 11:27 AM (10 years, 3 months ago) |
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Quote:
psyconaught said:
Quote:
Synth Ethics said: I don't think aquaduc system was invented to make profit. over here tap water is free and managed by the state, no corp involved.
inovation doesn't always equal private corp profit. Platon and Aristote developped their idea on the elements(physics&chemistry basics) via philosophy and didn't earned a single dollard for it.
Because the rich aristocrats hired them to have intellectual discussions etc
sources? btw I'm not arguing but rather genuinly interested on the topics
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,812
Loc: Ottawa
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Re: Capitalism benefits the masses more so than the wealthy [Re: TrentBoyett]
#19114412 - 11/10/13 11:31 AM (10 years, 3 months ago) |
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Capitalism is fine, we need something to replace democracy. That system has been broken for decades.
I propose geniocratic democracy. Where only the smartest are allowed to run for office. As long as you pass the knowledge test, you can run.
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psyconaught
Chemical Connoisseur


Registered: 11/04/10
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Re: Capitalism benefits the masses more so than the wealthy [Re: Synth Ethics]
#19114428 - 11/10/13 11:34 AM (10 years, 3 months ago) |
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Quote:
Synth Ethics said:
Quote:
psyconaught said:
Quote:
Synth Ethics said: I don't think aquaduc system was invented to make profit. over here tap water is free and managed by the state, no corp involved.
inovation doesn't always equal private corp profit. Platon and Aristote developped their idea on the elements(physics&chemistry basics) via philosophy and didn't earned a single dollard for it.
Because the rich aristocrats hired them to have intellectual discussions etc
sources? btw I'm not arguing but rather genuinly interested on the topics
i'll look for an article that expands upon it but at the very end of this it touches upon plato educating statesmen http://ancienthistory.about.com/od/platoprofile/p/Plato.htm
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Mescalean
Burke is love, burke is life.


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Re: Capitalism benefits the masses more so than the wealthy [Re: psyconaught]
#19114443 - 11/10/13 11:37 AM (10 years, 3 months ago) |
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It seems the ones who suck at the game bitch about the game...
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Thulean

Registered: 10/04/13
Posts: 99
Loc: British Columbia
Last seen: 10 years, 2 months
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Re: Capitalism benefits the masses more so than the wealthy [Re: TrentBoyett]
#19114446 - 11/10/13 11:37 AM (10 years, 3 months ago) |
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Quote:
Synth Ethics said: I don't think aquaduc system was invented to make profit. over here tap water is free and managed by the state, no corp involved.
inovation doesn't always equal private corp profit. Platon and Aristote developped their idea on the elements(physics&chemistry basics) via philosophy and didn't earned a single dollard for it.
Where's over here? More than likely if you're in the west your public water is being fluoridated. Fluoride is dangerous chemical, it's an industrial by product, it would cost a helluva lot of money to dispose of it safely. So the government is actually being paid by these industrial companies to take it off their hand and release it into the water supply.
I would attribute the drastic rise of autism to this. Quote:
mjmihalov said: Not sure what this really has to do with modern economics but okay..
Capitalism is okay in my book though, it's one of my top 5 favorite economic systems...
I find a Resource Based Economy to be the best and most rewarding system for the masses though.
That guy is a bozo. Typical con artist feel to him. Plays a lot of word games "proving" to the viewer that various "truths" are actually not true, no you're in like the matrix or something. The weak minded viewer starts to feel very smart and important after learning these "truths". So he offers an alternative lifestyle "the venus project". I like to think of it more as controlled opposition. Look at the videos, they claim to be combating the globalist economy with these ideas. But his alternative is 100x more globalism and communism than we have now. The venus project offers a utopian socity in which humans don't work anymore. We live in cities that build themselves and shit. Everything is reliant on machines who are our slaves. It's so bizarre, that people get so infatuated with this delusional person and even give tons of money to his organization. Don't take it personally though. I always try to point out the scam in CULTS like these.
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Synth Ethics
substitution


Registered: 05/18/09
Posts: 5,525
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Re: Capitalism benefits the masses more so than the wealthy [Re: psyconaught]
#19114466 - 11/10/13 11:41 AM (10 years, 3 months ago) |
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isn't that the consequence of his idea's succes rather than its motivation?
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psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,467
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Re: Capitalism benefits the masses more so than the wealthy [Re: Thulean]
#19114624 - 11/10/13 12:19 PM (10 years, 3 months ago) |
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Quote:
Thulean said:
Quote:
mjmihalov said: Not sure what this really has to do with modern economics but okay..
Capitalism is okay in my book though, it's one of my top 5 favorite economic systems...
I find a Resource Based Economy to be the best and most rewarding system for the masses though.
That guy is a bozo. Typical con artist feel to him. Plays a lot of word games "proving" to the viewer that various "truths" are actually not true, no you're in like the matrix or something. The weak minded viewer starts to feel very smart and important after learning these "truths". So he offers an alternative lifestyle "the venus project". I like to think of it more as controlled opposition. Look at the videos, they claim to be combating the globalist economy with these ideas. But his alternative is 100x more globalism and communism than we have now. The venus project offers a utopian socity in which humans don't work anymore. We live in cities that build themselves and shit. Everything is reliant on machines who are our slaves. It's so bizarre, that people get so infatuated with this delusional person and even give tons of money to his organization. Don't take it personally though. I always try to point out the scam in CULTS like these.
Yeah those are basically my impressions as well. Communism/collectivism with a slick futurist TNG style presentation and cultish reverence of a "great leader." The name is so vague too, our economy is heavily centered around resources so it's arguably already "resource based."
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Gilgamesh18
Herbivore Man

Registered: 03/01/12
Posts: 11,671
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Re: Capitalism benefits the masses more so than the wealthy [Re: Thulean]
#19118317 - 11/11/13 12:33 AM (10 years, 3 months ago) |
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Quote:
Thulean said:

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Konyap

Registered: 06/30/07
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Re: Capitalism benefits the masses more so than the wealthy [Re: Gilgamesh18]
#19118331 - 11/11/13 12:36 AM (10 years, 3 months ago) |
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somebodies never been filthy fucking rich
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Crystal G



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Re: Capitalism benefits the masses more so than the wealthy [Re: Gilgamesh18]
#19118561 - 11/11/13 01:36 AM (10 years, 3 months ago) |
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The reason they used to say capitalism benefits the masses more so than the wealthy, was because back in societies such as ancient Greece, when you were born an aristocrat, you were expected to use your own money to benefit the masses. You were expected to use your own money to fund irrigation systems and public roads and things of that nature. You were considered a man of the gods, and the reason you were bestowed with that power was because you were directly sent from heaven. So if you were an aristocrat, that was considered your duty in society--to give back to the people.
Edited by Crystal G (11/11/13 01:43 AM)
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