Talk:Capitalism/Archive 11

message: My point is that the quote is too long, basically, the second part doesn't say anything new. The page is way too big IMO and has way too much specific stuff like quotes from arbitrary right-wing economists. If you really think that quote gives so much extra information to the reader, then fine, keep it... Infinity0 23:36, 18 November 2005 (UTC)
replies: text: The second part does say something. It's a person who says the US is not a capitalist, but a mixed economy. That's what the section and paragraph is about  ...which economies are capitalist or are not and which are mixed economies, rather. RJII 23:40, 18 November 2005 (UTC)
thread_title:  Too many references 

message: According to this: "Werner Sombart" "Der moderne Kapitalismus" (Modern Capitalism) was published in 1902, not in 1906. --Alex1011 19:50, 25 November 2005 (UTC)
thread_title:  First use of Kapitalismus 

message: I actually think there should be a separate series for Captalism vs. Socialism vs. Free Market vs. Command Economy vs. Planned Economy vs. Decentralized Economies vs. Mixed Economies, as their definitions are somewhat intertwined.
I got out my econ notes from a while back, I'm basically checking the definitions, if this changes the article, or if someone wants to correct me, go ahead and correct:
There are two different ways to catergorize an economy into two.
Little Regulation Heavy Regulation
and
Low Government Expenditure High Government Expenditure
Heavy regulation AND high government expenditure are command economies, heavily regulated economies are planned (price wages enforced by the Nazis for example (although I didn't mean the example to be so extreme)), little regulation is decentralized, low government expenditure is capitalist, high government expenditure is socialist, and free market is both low government expenditure and little regulation.
Note that these are very subjective, and are not as simple as saying "Above 50% government expenditure as a portion of the GDP is socialist," because France has above 50% government expenditure as a portion of GDP and some people refer to it as Capitalist and some as Socialist. Similarly the argument goes for little and heavy regulation, some may say that the U.S. is decentralized while others are extreme enough to say it's a planned economy, the difference in opinion comes from the subjectivity of the two terms (I, for example, say that the U.S. is a planned economy because I'm pissed off and opposed to the regulations on power companies; but that's my opinion). China considers itself Socialist, while many other consider it Capitalist. Some consider the Soviet Union Capitalist because of it's Black Market activities. And so on.
In other words:
Little Regulation AND low government expenditure=Free Market Economy
Little Regulation=Decentralized Heavy Regulation=Planned
and
Low Government Expenditure=Capitalist High Government Expenditure=Socialist
High government Expenditure AND heavy Regulation=Command Economy
And a mixed economy is any economy that is thought of as a mix between socialist and Capitalist, technically this is all countries, but it is also a subjective factor (Subjective in that the percentiles aren't really placed, it's not like below 10% government expenditure is Capitlist, from 10-90 is mixed, and Socialist is >90).
Fephisto 16:19, 6 December 2005 (UTC)
thread_title: Definitions

message: This section fails to mention the rise of capitalism in former command economies, such as the PRC, Eastern Europe and Vietnam. -- Миборовский U|T|C|E|Chugoku Banzai! 03:21, 20 December 2005 (UTC)
replies: text: Good point. It's too America oriented. RJII 03:26, 20 December 2005 (UTC)
thread_title:  Capitalism in decline or on the rise? 

message: In general, capitalism gives everyone a bigger piece of the pie because it makes the pie bigger. It is also a sink or swim proposition, if you fail there is less of a safety net; but there more opportunity for success and advancement for those who are willing to apply themselves. 
Bdelisle 19:41, 23 December 2005 (UTC)
thread_title:  Bigger Pie 

message: I\'m using a proxy, hidemyass.com, to edit wiki cos it\'s blocked in China (might be just my ISP). And now it\'s gone and escaped all the single quotes. Please someone fix this, and I\'m really really sorry, etc... Infinity0 talk 11:52, 25 December 2005 (UTC)
thread_title:  I screwed up the page... sorry