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ECT News Community   »   TechNewsWorld Talkback   »   Stick to what you know.



Stick to what you know.
Posted by Lugus on 2010-08-10 09:21:08
In reply to Rob Enderle
I usually enjoy this blog because I find it informative, but this is a real disappointment. You clearly know nothing about economics or politics, and have no understanding of the strengths and weaknesses of capitalism. No system is perfect, and the US is currently suffering acutely from having a form of capitalism that lacks effective social controls. That's why our middle class has been disappearing for the last several decades while the wealth and income of the top 1% has exploded by two orders of magnitude over the same period. For starters, Socialism, Capitalism and Communism are not mutually exclusive systems, they all have their strengths and weaknesses. Your article reads like out-dated rhetoric from some Cold War propaganda pamphlet. Scandinavia, in particular has demonstrated how effectively socialism and capitalism can be combined to produce some of the most stable, successful and vibrant economies in the world, while we currently have something like 4 million people that have given up even looking for a job. Capitalism is great, but it has to have rules that keep the playing field level and insure a thriving middle class, which is the foundation of a stable and long-term viable economy. Left on its own, it quickly reduces the playing field to a handful of extremely rich people and turns the rest of us into indentured servants (which is happening as we speak -- Google the Plutonomy memo leaked from Citi Group if you think I'm exaggerating). Net neutrality is one of the last places where the playing field is still at least somewhat even. Let's see if we can't keep it that way! Like Google doesn't have enough control over the web already!!




 * Topic  Author  Date
Re: Google, Verizon and Avoiding the Communist Concept of Net Neutrality  Rob Enderle  2010-08-09 05:35:02
Communism  Stooshie  2010-08-13 04:04:01
Stop the rants  TonySmit  2010-08-10 11:25:31
Stick to what you know.  Lugus  2010-08-10 09:21:08
The conflicts of the Business Models.  Ericmo  2010-08-09 12:54:27
Screaming Communist?  geraldl  2010-08-09 08:36:43
Republicans hate the Internet, no news here.  ApostasyUSA  2010-08-09 07:30:06
This is about ownership/private property  Mkloppel  2010-08-09 07:11:36
Net-Neutrality or Macro-Economics?  netguy83  2010-08-09 07:01:51
Silly column  miffedone  2010-08-09 06:59:38
Potatoes or corn?  louiggivampa  2010-08-09 06:56:07
you sir, are an ignorant peice of work  mattsqz  2010-08-09 06:40:05
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