Path: ...!3.eu.feeder.erje.net!feeder.erje.net!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: Dimensional Traveler Newsgroups: rec.arts.sf.written Subject: Re: the future long term financial apocalypse of the USA Date: Sat, 18 May 2024 20:35:30 -0700 Organization: A noiseless patient Spider Lines: 34 Message-ID: References: <9b5v3j58gh2pd4pi54vqnf7loupses6f9i@4ax.com> <8464a59f-9706-00a5-3fb2-d9f638a0ffe0@example.net> <507cd335-d0ae-0c75-e711-a296f5b83805@example.net> MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8; format=flowed Content-Transfer-Encoding: 7bit Injection-Date: Sun, 19 May 2024 05:35:28 +0200 (CEST) Injection-Info: dont-email.me; posting-host="266b6ebd80d83b122a3c887253a7aa53"; logging-data="3371019"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1/KBDZMq3WSwXOP5nRmUBl6" User-Agent: Mozilla Thunderbird Cancel-Lock: sha1:SAY9RmBxSuzaJF0CUISaNMWBziM= In-Reply-To: Content-Language: en-US Bytes: 2685 On 5/18/2024 5:56 PM, Titus G wrote: > On 19/05/24 01:34, Michael F. Stemper wrote: >> On 17/05/2024 15.31, D wrote: >> >>> I was unaware > > Ignorance is bliss. > > we have anything resembling capitalism. What we have >>> today is a plan economy with government calling the shots, which is >>> far from capitalism. Many billionaires are the ones who are the most >>> cosy with politicians. >>> >>> As for who the wealth belongs to and the benefits for the population >>> at large, note that we are living at a high peak of civilization >>> compared with 100 years ago on all scales, infant mortality, wealth, >>> quality of life etc. >> >> The implication of what you're saying is that living at the peak of >> civilization is strongly correlated with having a planned economy >> rather than capitalism. >> > > Be careful. You might smear his rose tinted spectacles. One suspects that D is of the opinion that any kind of regulation or legal restraint immediately makes a given economy "non-capitalist" and a "planned economy". -- I've done good in this world. Now I'm tired and just want to be a cranky dirty old man.