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I think many NTs also struggle with social situations.

Raising prices in response to increased demand is not exploitation. It's how capitalism works and why countries that have embraced capitalism are so successful. Laws that prohibit raising prices during emergencies (falsely called "price gouging") actually harm the communities the laws were intended to protect. For example, when "price gouging" laws prohibit raising the price of fuel during a hurricane warning, those first in line buy more fuel than they need, resulting in others getting nothing and being unable to evacuate, which can literally kill them. Without "price gouging" laws, the price would increase, people would buy less, and everyone would have enough fuel to evacuate. These laws exist because too many people rely on their feelings instead of their brain, which, as is often the case, harms others.

Capitalism must be regulated or it can be as evil as pure communism and socialism can be. I don't think there is a single country in the entire world that has a pure form of capitalism, communism or socialism. All countries borrow some aspects of their economic system from other systems.

In the US, we have socialized medicine (Medicaid, Medicare, Veterans Administration, publicly funded hospitals), socialized income (social security, SS disability income), and socialized emergency services (fire departments), etc.
 
Capitalism must be regulated or it can be as evil as pure communism and socialism can be. I don't think there is a single country in the entire world that has a pure form of capitalism, communism or socialism. All countries borrow some aspects of their economic system from other systems.

In the US, we have socialized medicine (Medicaid, Medicare, Veterans Administration, publicly funded hospitals), socialized income (social security, SS disability income), and socialized emergency services (fire departments), etc.

In essence there are no "free market" economies any more. Leaving comparable economies such as Spain or America a moot point whether one favors capitalism or socialism when it comes to the size and influence of their public sector versus their private sector.

Which amount to only mixed economies. With few if any true "command" economies on the globe.
 
In essence there are no "free market" economies any more. Leaving comparable economies such as Spain or America a moot point whether one favors capitalism or socialism when it comes to the size and influence of their public sector versus their private sector.

Which amount to only mixed economies. With few if any true "command" economies on the globe.
In the textbooks, capitalism, socialism, and communism all work well at sharing things fairly. In the real world, all three systems wind up with a few greedy people beating the system. We evolved in a world where there was so little sugar, salt, fat, and wealth that it was safe to want as much as possible. Now, we see the result of shelves full of unhealthy snack food, but the damage is localized. However, wealth is now generated in vast amounts by agriculture and technology, and it tends to concentrate, not kill the host, evading or corrupting every limit we have tried.
 
Hi Matthias; Shevek ~
It looks to me that greed is a really important part of what humanity-as-a-whole is, and that greed will find a way regardless of what political or ideological system it lives in.
It's almost as though I were praising greed... greedy people certainly are survivors.
Yet despite that I admire some aspects of greed, I've found that there's a lot more to living on Earth than simply owning stuff.

I was desperate in my early 30's.
I'd tried so hard to get a life that works - I had managed to get semi-professional qualifications and I was working and studying to get into professional engineering. Yet I could not believe that I could be loved - my mother had rejected me - and I was terribly lonely. I sought answers in spiritual writings.
One day the thoughts went round and round in my head so hard that somehow I spun off out of sheer desperation and looked beyond the Real.
I had a huge satori experience... I became a mystic. I became certain of a person who is, sometimes, weakly and wrongly, called "God". That is not their name!
I think it's OK for me to call that person my Friend. Being with my Friend is enough, and more than enough.
If I didn't have my Friend I suppose I would have a whole lot of confused ideas about right and wrong. If I weren't myself I might get my ideas from some reference such as the Christian Bible.
I'd rather just find things to do that please my Friend, and where that's concerned, greed for things looks just alien to me.

Anyway, I think that's why and hints at how people sometimes try and live in theocracies. Tibet.
 
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... I've seen I wasn't very clear about how this contributes to your discussion, @Matthias and @Shevek.
I meant to say that the answer to this social problem of greed lies in the hearts of the individuals who make up society. I meant to say that Tibet is a special geological area on high mountains in which people experience life differently to our experience of life on the lowlands, and that the experience they have is conducive to theocracy.

I probably would have liked to ramble on about how if someone goes to the top of a mountain when they are in despair they will come away lighter, and that meditating on top of a mountain does things which I cannot describe for fear of being thought irresponsible.

:)
 
Capitalism must be regulated or it can be as evil as pure communism and socialism can be. I don't think there is a single country in the entire world that has a pure form of capitalism, communism or socialism. All countries borrow some aspects of their economic system from other systems.

In the US, we have socialized medicine (Medicaid, Medicare, Veterans Administration, publicly funded hospitals), socialized income (social security, SS disability income), and socialized emergency services (fire departments), etc.
My post was primarily focused on setting fair laws based on sound reasoning (such as the freedom to set a fair market price when supply and demand are imbalanced) versus passing laws based on emotion (government price controls and rationing through "price gouging" laws which is inefficient and harmful).

Capitalism refers to a system where the people have the freedom to control the means of production and distribution. Individuals decide what products they want to produce and how much to charge for their goods and services. In contrast, socialism is an authoritarian system where a centralized government run by a small group of elites controls the means of production and distribution, deciding what products people are allowed to purchase and how much everything costs.. In other words, socialism is the exact opposite of freedom and capitalism because it takes away people's rights to make their own decisions in favor of government control by a chosen few.
 
My post was primarily focused on setting fair laws based on sound reasoning (such as the freedom to set a fair market price when supply and demand are imbalanced) versus passing laws based on emotion (government price controls and rationing through "price gouging" laws which is inefficient and harmful).

Capitalism refers to a system where the people have the freedom to control the means of production and distribution. Individuals decide what products they want to produce and how much to charge for their goods and services. In contrast, socialism is an authoritarian system where a centralized government run by a small group of elites controls the means of production and distribution, deciding what products people are allowed to purchase and how much everything costs.. In other words, socialism is the exact opposite of freedom and capitalism because it takes away people's rights to make their own decisions in favor of government control by a chosen few

Anti-price gouging laws are intended to ensure that people in emergency situations (like Cat 5 hurricanes and raging wildfires) can buy food at normal prices including baby food, medications, water and gasoline/fuel. They are short term restrictions on capitalistic greed. Housing shortages are not "emergencies" within the meaning of anti-gouging laws. I note that Trump is now planning to ban the purchase of single-family homes by corporations which want to use them as rental properties, in order to free up housing stock for home buyers. In a purely capitalistic state, no such law would be implemented, would it?

Capitalism in the US was based on slavery until the Civil War ended slavery. Slavery was the means of production and distribution. It was evil, as you well know. So "pure" capitalism was altered or regulated by outlawing slavery. The capitalism model was altered by legal means for the betterment of everyone.

Socialistic aspects of the US economy and government enable us to have medical care, fire and police protection, a military, a financial safety net for the poor, public education, and other things.

I am not a socialist or communist. I believe democratic and regulated capitalism is best but I'm not blind to the realities of abuses in a capitalistic society. I hope you're not blind to abuses, either.
 
Anti-price gouging laws are intended to ensure that people in emergency situations (like Cat 5 hurricanes and raging wildfires) can buy food at normal prices including baby food, medications, water and gasoline/fuel. They are short term restrictions on capitalistic greed. Housing shortages are not "emergencies" within the meaning of anti-gouging laws.
When the government forces people to sell those items at artificially low prices during emergency situations, people buy more than they need, resulting in many people ending up with nothing. When stores are allowed to raise prices to the new market rate (based on supply and demand - falsely called "price gouging"), people limit their purchases to what they need, resulting in more people being able to purchase the items they need. To get around ridiculous "price gouging" laws, store often impose rationing, which doesn't work well because everyone's needs are different. After disasters (during the rebuilding phase), supplies are often unavailable because the cost often exceeds the amount "price gouging" laws allow stores to sell the product, which would cause a business to lose money on each item sold.

I note that Trump is now planning to ban the purchase of single-family homes by corporations which want to use them as rental properties, in order to free up housing stock for home buyers. In a purely capitalistic state, no such law would be implemented, would it?
Capitalism doesn't mean anarchy. Regulations to prevent monopolies or individuals cornering the market are an important part of capitalism.

Capitalism in the US was based on slavery until the Civil War ended slavery. Slavery was the means of production and distribution. It was evil, as you well know. So "pure" capitalism was altered or regulated by outlawing slavery. The capitalism model was altered by legal means for the betterment of everyone.
Capitalism was never based on slavery. Capitalism is the natural way of business, probably since the beginning of time. Slavery was only allowed in southern states. The Republican states in the North that opposed slavery had a better economy. Even in the South, individuals (owners of businesses and plantations) were the means of production and distribution (which refers to who makes the business decisions). Individuals decided what to produce, who to hire, and how much to charge. Slavery meant somewhat cheaper labor, though not much cheaper as business owners had to purchase slaves from their owners in Africa and provide food, housing, and other expenses while they worked for them, which is similar to paying wages indirectly.

Socialistic aspects of the US economy and government enable us to have medical care, fire and police protection, a military, a financial safety net for the poor, public education, and other things.
Under socialism, a big, centralized government would control the healthcare system. The government would hire doctors, set their salary, and determine how much people pay for their services, without individuals having any freedom or input into the process. In the US, Medicare, Social Security, and VA healthcare are benefits that people earn through hard work, not something the government gives away to people who don't deserve it. Forms of welfare, such as Medicaid that you mentioned earlier, is basically forced charity. No one is forced to sign up for it and doctors aren't forced to accept it. While the government used to be more involved, they've found it costs less to hire insurance companies to manage Medicaid benefits, as the profit incentive lowers cost by increasing efficiency. Thus, Medicaid currently operates based on free market principals of capitalism, with private insurance companies setting reimbursement rates and contracting with doctors and hospitals to meet their customer's needs.
 
When the government forces people to sell those items at artificially low prices during emergency situations, people buy more than they need, resulting in many people ending up with nothing. When stores are allowed to raise prices to the new market rate (based on supply and demand - falsely called "price gouging"), people limit their purchases to what they need, resulting in more people being able to purchase the items they need. To get around ridiculous "price gouging" laws, store often impose rationing, which doesn't work well because everyone's needs are different. After disasters (during the rebuilding phase), supplies are often unavailable because the cost often exceeds the amount "price gouging" laws allow stores to sell the product, which would cause a business to lose money on each item sold.
They are not "artificially low prices". They are the prices that were in place before the government ordered you to evacuate because a hurricane or a wildfire is heading toward you. The restrictions on price gouging END when the emergency ends.
Capitalism doesn't mean anarchy. Regulations to prevent monopolies or individuals cornering the market are an important ,
I'm glad you recognize that capitalism must be regulated.
Capitalism was never based on slavery. Capitalism is the natural way of business, probably since the beginning of time. Slavery was only allowed in southern states. The Republican states in the North that opposed slavery had a better economy. Even in the South, individuals (owners of businesses and plantations) were the means of production and distribution (which refers to who makes the business decisions). Individuals decided what to produce, who to hire, and how much to charge. Slavery meant somewhat cheaper labor, though not much cheaper as business owners had to purchase slaves from their owners in Africa and provide food, housing, and other expenses while they worked for them, which is similar to paying wages indirectly.
Capitalism was very much based on slavery. Bartering most likely was the original "economy". Slavery was allowed in all states, including New York. The northern states got rid of slavery, like the British got rid of slavery, before Lincoln's Emancipation Proclamation, but northerners certainly benefitted from slavery in the south. Cotton, rice and other commodities were grown with slave labor in the South. Raw cotton was shipped to the northern states and to Europe where it was turned into cloth in factories. FYI, plenty of Black people owned Black slaves. You can look it up. One of the largest slave owners in Louisiana was a Black woman. There is no justification for anyone "owning" someone else and people are no longer commodities to be bought and sold.
Under socialism, a big, centralized government would control the healthcare system. The government would hire doctors, set their salary, and determine how much people pay for their services, without individuals having any freedom or input into the process. In the US, Medicare, Social Security, and VA healthcare are benefits that people earn through hard work, not something the government gives away to people who don't deserve it. Forms of welfare, such as Medicaid that you mentioned earlier, is basically forced charity. No one is forced to sign up for it and doctors aren't forced to accept it. While the government used to be more involved, they've found it costs less to hire insurance companies to manage Medicaid benefits, as the profit incentive lowers cost by increasing efficiency. Thus, Medicaid currently operates based on free market principals of capitalism, with private insurance companies setting reimbursement rates and contracting with doctors and hospitals to meet their customer's needs.

We all know what socialism is. Many Americans have advocated for a single payor medical system for a long time. In other words, many Americans want centralized, socialized medicine and do not want private insurance companies. I think it's a great idea. It seems to work fairly well in England, France, Germany, the Netherlands, Mexico and Canada.
 
Capitalism refers to a system where the people have the freedom to control the means of production and distribution. Individuals decide what products they want to produce and how much to charge for their goods and services. In contrast, socialism is an authoritarian system where a centralized government run by a small group of elites controls the means of production and distribution, deciding what products people are allowed to purchase and how much everything costs.. In other words, socialism is the exact opposite of freedom and capitalism because it takes away people's rights to make their own decisions in favor of government control by a chosen few.

Capitalism refers to a system where the people a wealthy elite have the freedom to control the means of production and distribution.

You seem to have a very naive view of capitalism.

The reality of capitalism is far from any sort of benveolent economic freedom for those subject to its system, especially for the majority of 'regular' folk.

Also, some popular and influential socialist thinkers such as Karl Marx argue that workers should own the means of production, which is exactly the opposite of what you claim socialism is.

A lack of government control in modern economies usually means the rich get to keep all of their riches without much intervention or wealth redistribution that makes things fair for the masses.
 

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