Capitalism has failed...confirmed

I'm not denying the need for a medium of exchange. I'm denying that there needs to be a certain amount of that medium to conduct transactions. The amount can be virtually as low as you please because prices will simply fluctuate in relation to the amount.

 

Velocity * Qty. When people spend less money there is less transactions, which means less production, less employment, less spending, etc, etc. This drives prices and wages down and makes holding on to money an investment, which even further drives the velocity down. This deflation creates real suffering and makes real humans starve to death and unable to acquire the medium of exchange to purchase the goods or services they need.

There are real consequences to what you are talking about. All you are saying is things will change regardless of how much money there is. Well of course, but that doesn't mean the standard of living will be increased based off these price changes.

 

Amazing how dumb the arguments are from people who advertise their fraternity in their usernames. Maybe those people should have spent more time in class and less time doing 'stuff' in a house full of homoerotic drunk guys.

 

I never said it would be increased. I just said you don't need a certain amount of money floating around to conduct any transaction.

As for price deflation, how come it hasn't destroyed the electronics industry, in which prices continually plummet. Under your theory, this should ruin the industry, since everyone should be waiting for the technology to improve before buying a new laptop or cell phone. And yet it's just about the most vibrant industry in the United States.

 

Wow, I learned so much from this post. Thanks!

 

Let's put clear, and let's if you understand it or not:

Law is authoriatarian. Then there is not law. You can do whatever you want.

Just I am saying that no one would do that when I can get something free. If I voluntarily I give you something, I am free to do that. However I don't need to do it. You are free. You are freer than in your system.

But as I said if you abolish the trade, why you should want to go back to an injust sytem?

I will put you an example because what you are saying is nonsense. With a real case.

You are suing GNU/Linux, and someone is offering to adquire it for three silver circles, while the rest, exactly the same thing offer it for free. Which one will you take? And let's put clearer. One distributor offers you to download Ubuntu for three silver circles while another one offers you Ubuntu for free. What will you use? The one that is free.

Then if you are living in a system where you can get all freely. Why you would try to get something by trade? That is nonsense.

 

Prices of individual goods can fluctuate based off productivity improvements and innovation. Deflation is bad on the aggregate, not on an individual good. So your point doesn't fly with deflation being an economic killer.

 

So even rape and murder and slavery are legal under your system then?

Goodness, socialism is confusing...

 

Well, what "aggregate" then? What if it just so happens that the prices of all goods and services (or, like, 95%) are declining based on productivity improvements and innovation?

 

There is no law, punishment does not have sense, prisons less, so there are not prisons. Law is authoritarian. And I am Anarchist. However there are solutions like ostracity.

But that's good, finally you see that there are different kind of socialism. You should differenciate authoritarian socialism from the libertarian or anarchist. Yes libertarian and anarchist are synonims around all the world, except in USA that in the 50s the neoliberals started to use this term to refer themselves, and the Anarchist meaning disappeared.

I hope that at least with this you've opened your eyes and you've seen that there are more ideas than the preconceived that usually Americans have towards the leftist movements. And the Communism or Socialism is not only Marxist that is much more wider. And there are anarchists like me.

 

Newsflash!

capitialism and its governments are destroying everyone but the Rich ,you just don't get it were you born with a brown nose attitude to Rupert Murdoch or something??????

Oh I love the rich they are so pretty or something???

A word to the ignorant that will very shortly describe what IS,ECONOMIC DEPRESSION ,thats right just like the 30's only worse if the current course of government isn't stopped.

making rich people richer isn't an answer to anything .

CAPITIALISTS produce nothing ,except human Misery.They create no wealth ,yet they aquire it all.Just like a Blood sucking Parasite on an otherwise healthy Society.

Lets burn the Leeches off!

 

This theoretically could happen. If there was a massive increase in velocity of money which could consume a massive increase in technological improvements driving prices across the board down... then it could happen. This is kind of what happened in the industrial revolution. But you are talking about something MAJOR that has an effect on the ability to mass produce even more goods.

But this is deflation that occurs with a major increase in supply and velocity. What we have is a decrease in velocity which means people are spending less money. So unless someone can invent something that changes our entire ability to produce goods and services we would go in to a deflationary depression like the Great Depression.

This country simply needs more money to make up for the lack of spending.

 

Its a Economic Law of Capitialism ,prices must fall with implimentation of new processes based on new technology.

Per unit cost declines because the SOURCE OF ALL VALUE ,the Labour Power of the Working Class,is less expended, as Labour power becomes more efficent .

All commodities ,are a Product of Labour power surplus value or profit can only be a product of Labour Power as Labour through the Wage Contract is the only Raw material in Production that produces more when expended then what it costs.

The only form of Variable Capitial.No you wouldn't have a clue what I just said its OK ,the problem lies with YOUR education and Brainwashing that says the Rich must create everything for the Rich are good, and Capitialism is therefore necessary.

But mister Moneybags Steals from the Working Class everyday ,thats what profit is Theft of the Product of Workers labour.

See Workers make everything ,Maintain everything and produce everything .

UM ,Capitialists like Rupert Murdoch ,create crisis ,depressions ,mass unemployment ,poverty and War.Gee ,it is a system called Capitialism after all.Capitialism Good for Capitialists Bad for the other 99%.

 

Yes barter means a Barter based system ,but to call this system ours ,only applies to the Capitialist Class ,see Capitialism only looks after Capitialists[thats the point why pay for a government that dosen't serve the owner,pay for something and you own it] the rest well tough luck!

Its your fault for not being born a Murdoch.

It is that simple.

 

I love capitalism. Not all people need Murdoch type money to be successful in this country.

 

Get off your moral high horse ,Capitialism was based for a few Decades on the SLAVE TRADE ,its how the Black people got to America,lots of rape and murder in them times particularly towards the SLAVES ,remember .

No Rape ,Murder and Slavery will not happen as the chief determinant of human natures Corruption is MONEY ,yes 99.999999999999% of all crime is MONEY LINKED .

Abolish money abolish a fetish for pieces of paper, and we will have a peaceful productive human existance where True human Nature will be Liberated.

Lets take Rape for injstance ,men rape women because they are taught from birth by churches and society in general that women are weak ,need control are different in thinking are to be owned.

It makes me want to vomit when i hear someone say "You are mine"or "My woman or my wife'implies Ownership of Human by Human .What you own you can consume.Rape expresses the Idea that Men can own Women and do as they wish with them.

Notice how 99.999999999% of Rapists are MEN????????

Women are still veiwed as Sex objects for men to own in fact the entertainment industry is based on that Idea being perpetuated.Yes I am saying that the Entertainment industry has a lot to answer for in relation to RAPE of Women.

Sexualisation of 10-12 year olds gee what a great system ,as long as Beyonce,Christen Aguileera,Britney of course make a Dollar ,sex sells as they say ,yes selling sex to 10-12 year olds is what the Pop Music industry is about.

How much arse ,and tit and gyrating of genitalia is to much ,watch MTV.

Now Murder well 99.999999% will involve Money everyone knows that .The other 0.000001% involves sex.

Slavery =Capitialism.

 

This may help the confusion see under Capitialism we are taught about and Brainwashed with the lie that humans can be Individuals.

That we should deny the SOCIAL NATURE of Homosapiens and even primates.

We are essentially Social Animals.Money distorts our nature.Or more correctly the Fetish for Money.

Why do pieces of paper and plastic determine what humans do or not do ain't human, money is just pieces of paper as promises nothing else ,Capitialism makes money the be all and end all of human Activity .

In reality just pieces of paper with coluored Ink and the Insignor of a Government of capitilists ,by Capitialists ,For capitialists .

Has the penny dropped ?????????

With nthe mountain of credit creation Money is now not even worth the Value of the Paper itself.Thats the problem .Money isn't worth even the Paper its printed on promises that mean Nothing .

Can't run a system like that,dosen't work sorry.

 

What is Murdoch type money?

 

Evil money that is used to destroy this nation. I like America, unlike Murdoch and his cult followers.

 

That would be true if there were no working class and only a slave class. Working class means a class of people trading labor for something of value of which they can turn into goods. If the laborer did not receive anything of value for their labor then they would be slaves and would have their labor stolen, so no one is stealing from the working class as long as they can trade their labor for something of value.

In this system, workers could not make anything of value for the masses if there were not capital to create the environment that they could use to trade their labor for goods in the form of cash. Without capital, no matter where it comes from, you would have no working class.

 

AbsoluteVoluntarist is suggesting that he is free to sell his shovel for 3 pieces of silver. He is right, because it is his property. You are saying this is nonsense, because who would buy it when he can get it for free? You are right, assuming that someone ELSE is willing to give away a shovel for free.

The problem with your argument is that your assumption is insane. Literally insane -- so far detached from reality that it is laughable. A few people might decide to live in an anarcho-socialist commune. But it can't work on a scale any larger than a few families.

 

The times when living standards of the general population Increase are in the past .No more increases in Wages are possible the only method of maintaining profits is to cut living standards and Wages .Thats what Austerity means .

So get used to unfettered unregulated Capitialism,either kill it or be killed by it,forget about reforming it.Or being reaso0nable with its governments.

 

My standard of living has gone up every year for the past 5 years. So has the people around me. Not sure what you're talking about.

 

Ditto. Same here.

 

I think you are a little confused here. Labor comes before capital. Capital cannot exist unless it is produced by labor. As long as the working class has access to land it can/will produce capital.

Place a dozen naked individuals alone on an island completely devoid of capital (but with free access to the land) and within a few days, maybe even a few hours, capital will begin to appear.

If the island has an owner who lives in a mansion in London (capitalism), then these twelve law-abiding people must jump back into the sea where they will be eaten by swarms of sharks -- because they don’t have the owners permission to be there. If these twelve people break the law and remain on the island out of necessity, then all the capital they produce shall be confiscated and given to the islands owner in accordance with capitalistic tradition. Then it is up to the islands owners discretion as to how to deal with the trespassers. They might be hanged or they might just be fined for an amount equal to all that they can produce over the remainder of their life, again in accordance to capitalistic tradition.