DannyKonopka (December 31, 1969 at 6:59 pm)

I take it as a sarcasm ;)

rightnow1212 (December 31, 1969 at 6:59 pm)

Profit is mostly created by creating value (for customers, employees shareholders). Wall Street and the debt filled current "American way" is garbage now I agree. Create wealth. Work hard-in an ethical manner-and make lots of money. Government (at the barrel of a gun I might add) takes 40% of everything earned and wastes much of it. Snuggle up to a nice read of "Atlas Shrugged". Capitalism works. What the elite in the USA have done is not only criminal-it is pure stupidity. Shmucks.

9994448343 (December 31, 1969 at 6:59 pm)

Excellent......very great....

hongster76 (December 31, 1969 at 6:59 pm)

only the rich can afford charity, will u feed ur neighbor's child when yours is starving? in the game of capitalism, to get rich, u have to depend on the rich. when bread is abundance, the rich dont mind the poor feeding off the crumbs, but when resource is scarce, dont expect crumbs. if the rich is charitable, they will buy all the stocks in the stock exchange to keep the market afloat, but you see them in selling frenzy once they think their very financial interests are at risk.

smujismuj (December 31, 1969 at 6:59 pm)

What would be better....Transparent Socialism....or increasingly smaller groups of banking interests deciding what's good for everyone?Bill Gates believes in the market...that is his flaw.The market rewards greed, ruthlessness and profit, regardless of how profit is achieved.War is profitable, therefore those who profit from it will do whatever it takes to produce wars.Find someplace to hide, the world as we know it is coming to an end.

Marly61 (December 31, 1969 at 6:59 pm)

Standard economic history recognizes that state intervention has played a central role in economic growth. But its impact is underestimated because of too narrow a focus. To mention one major omission, the industrial revolution relied on cheap cotton, mainly from the United States. It was kept cheap and available not by market forces, but by elimination of the indigenous population and slavery.

Marly61 (December 31, 1969 at 6:59 pm)

Philososo, but what about reality? All the countries who rejected laissez-faire capitalism are now flurishing. They are all rejecting the structural adjustment programs supported by the Washington Consensus and there economics have turned around and away from the corporate welfare and elitist wealth transfer systems. Such all east asia, Argentina, Standard economic history recognizes that state intervention has played a central role in economic growth.

Marly61 (December 31, 1969 at 6:59 pm)

Its funny that Socialism always bails out Capitalism (rich elites); its never the other way around.

Marly61 (December 31, 1969 at 6:59 pm)

watch on YOUTUBE: "The Truth about the Wall Street Bailout: How "Free Market Capitalism" Really Works. Nader and Chomsky Explain the Game, a Nanny State to Take Care of the Rich"

linh111189 (December 31, 1969 at 6:59 pm)

he is a my best idol!