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Forum - Wall Street Pit    Stock Due Diligence for All

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From: halleluyah (Rep: 155) reply to apmooreDate: 03/18/2018 17:35
Forum: Wall Street Pit - Msg #2725318Thread #673998297 (Rec: 0)
Re: Whats the point of capitalism, when socialist/communist countries can jus...


The market competition is no where close to fair as far as I can see.

Modern consumers are easily manipulated and led astray. Endless deceptive advertisements and the commencement of ever earlier education that teaches them to participate in a system they are told is theirs but is actually much closer to the puppet dancing by the actions of the marionettist or puppeteer.

It is nothing more than the 'ol carrot on a stick to get the populace to go this way or that - to participate in the myriad of distractions that fill their time and minds with beguiling fancies that they are convinced they need or want but that are offered up by the relatively few that are really only interested in extracting their labor and ultimately their finances.

This is ruler ship by trade and commerce.






Reply to apmoore - Msg #2725315 - 03/18/2018 16:50

Re: Whats the point of capitalism, when socialist/communist countries can jus...

Very interesting. I think the concept of fair competition and what it means comes into play here. Anti-trust laws were created to encourage fair competition and restrict monopolies. The government getting involved in this process of competition( which usually has a winner) in order to make it fair does take away from the true idea of capitalism. However, if the government backs off, then it would be up to the consumers as they are ultimately responsible for how their money is spent and how the price system is set and ultimately how competition will work in the market. Can consumers be left with the responsibility of keeping the market competition fair?
NOTE: This message has been revised 2 times. Read original version of this message.
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