Capitalism: part II

Response to Point 1: One of your points destorys your response "True socialist countries have a 75% tax rate". Do you think that the common population is making much savings with that tax rate? The great depression (similar to the 2008 financial crisis) really shows how regulation of the economy can hurt a marketplace.":http://www.stocks-simplified.com.... Please read this article, and make your debate from there. Also, several socialistic countries have a stock market, including the Communist China. And depressions only lead to war when you have Hitler+Angry Germany+Great Propaganda+Hate towards Jews+World War I+Versillies Treaty+Depression. Depression was only one of the many factors in letting Hitler take power and start World War II Response to Point 2: Now explain to me what is wrong with that efficient system. Response to Point 3: Do you have a better rebuttal? Consumers and businesses both get a lot wealthier so that both can satisfy the other's needs and wants under Capitalism. Socialism destorys this system. Response to Point 4: The Government does not and should not pay for private sector jobs. Therefore, the deficit is not increased in this way. And yes, putting more money in Americans pockets is a lot of a better way than just pumping money into the economy. Can you make a better argument? Response to Point 5: Everybody gets richer in Capitalism. Even the poor. They have more money today than they did in 2000. In socialism, the bottom 90% gain nothing, and the top 10% or the party officials get a lot richer. Response to Point 6: Congratulations. You destoryed your own argument. Response to Point 7: And Ron Paul says, "We have depended on government for so much for so long that we as people have become less vigilant of our liberties. As long as the government provides largesse for the majority, the special interest lobbyists will succeed in continuing the redistribution of welfare programs that occupies most of Congress's legislative time.":http://en.wikiquote.org... Response to Point 8: 25% of employee's small salaries only barely covers living expenses. This means that little employee money can be saved. Response to Point 9: I was talking about the Real Wage, or "The term real wages refers to wages that have been adjusted for inflation. This term is used in contrast to nominal wages or unadjusted wages. Real wages provide a clearer representation of an individual's wages.":http://en.wikipedia.org.... This means that consumers do not have more BUYING POWER, or they can not buy more. They have more money, but it is worth the same after inflation. Therefore, no real salary raise. Response to Point 10: And that makes the Country's Deficit bigger. Just look at the massive bank bailouts the US's Government pulled. Those made the deficit a lot bigger. Defense Point 1: "Placing all the blame on the depression on the greed of individuals means you are overlooking the back-story behind the event and pointing figures at an easy target. It is similar to saying the Titanic sank because it is made of Iron and steel, and while yes the titanic was made of iron and steel and those elements do sink in water it wasn't the reason it sank. Ships made out of iron and steel float all the time. Only when something major happens (like hitting an Ice Berg) do they sink. In a similar way, only when something major happens to the economy does it change. The major shift that happened during this time was government regulation.":http://www.stocks-simplified.com... Defense Point 2: "Capitalism should not be condemned, since we haven't had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It's not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!":http://en.wikiquote.org.... A Ron Paul quote. Defense Point 3: "Capitalism is the only economic system in the world that promotes voluntary excellence in individuals. Individuals are rewarded based on the amount of value they provide to the market. Capitalism provides incentives to be great and invent things that were never thought possible. It is a system that promotes growth among individuals and society as a whole.":http://conservativeeconomics.blogspot.com... Attack Point 1: " "You can't save free markets by socialism, I don't know where this idea ever came from. You save free markets by promoting free markets and sound money and balanced budgets. The whole reason why nobody wants to address the real problem is, we're spending a trillion dollars a year overseas running an empire, and it's coming to an end. This country is bankrupt, and we won't admit it. Eventually though, the dollar will go bust, and we will bring our troops home, and we will live within our means, but we ought to do it sensibly, rather than waiting for the collapse of the dollar, and this is what we're doing, we're on the verge of destroying our dollar. And then, you think we have problems now, problems then will be a lot worse, it'd look like the Weimar Republic, or a third world nation. And a lot of people know that, and they're scared to death, but we don't need to be making the problem worse by just propping up everything with more government programs, more inflation, and more helicopters, it won't work.":http://en.wikiquote.org.... A Ron Paul quote. Attack Point 2: Besides China, how many countries are economically, politically, and socially stable in this article?:http://en.wikipedia.org...