What do you all think about the idea that capitalism is an ineffective method in most areas of the world? why does it thrive in the West and fail everywhere else? Hernando DeSoto's book...but seriously?? Capital systems fail in all sub-par nations and is that our fault (yes, i'm USA)? Property rights systems is explored by DeSoto as the reason for Capitalism's failure in so many nations.

any ideas?

oh...i forgot not to post anything in the politics section not related to drug laws or the upcoming election. how much pot is grown in columbia????

Post anything you want as long as it is political in nature. I hardly ever post about marijuana laws. I like your first post better. I'll have to look into this one, it might be interesting. All the right wingnuts think Capitalism is the only worthwhile plan for the world. It might be that they are more heavily invested in such ventures, DUH, it is always the rich capitalist, or wannabees that extoll the virtues of capitalism. The poor bastards working their asses off just to feed their family @ minimum wages might have differing opinions. 50+ million working poor. They make just enough to exclude them from any government assistance like Medical, food stamps, rent assistance etc.

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Life is good, the water is sweet. The ground keeps moving beneath my feet.

So, what's the premise of your argument, lynch? Are you saying that countries recognizing the right to private property are more successful than one's who don't?

Vi

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Liberals are people that will believe anything twice.

i very much am saying that countries without sufficient property laws and credible enforcement of those laws will suffer when trying to create a successful Capitalistic economy. This is directly because without property laws Capital, the physical dimension of assets as well as their potential to generate surplus value, cannot be created.

consequently, the black markets of many of these nations are thriving and are self-regulated as far as honesty and good business goes.

what i mean is, if these countries were given a chance to establish the means to enforce property law, which is no easy task, the global economy may become more diverse and certainly worth studying.

i'm not really arguing though. i read this desoto book and it really makes the trick to making capitalism work seem so simple and these failing nations have ridiculously bogged down bureaucracies and policy enactment.

maybe, what does this say about Capital itself in a global market?

and/or

can there be a fully united capitalist planet?

No every player wants an advantage over the other.... Look at China.

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The privilege of the writ of habeas corpus shall not be suspended, unless when in cases of rebellion or invasion the public safety may require it. United State Constitution, Art. I Sec. 9 Par. 2

"Dissent is the Highest form of Patriotism" -- Howard Zinn

The reason the United States has been so successful is because of the very reason that we recognize private property rights. Those governments/countries who do not recognize private property rights are, or will eventually, fall into police state status.

Vi

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Liberals are people that will believe anything twice.

doesn't that make it so simple though? why can't these areas take a peek at property rights and work on fixing that? if it's JUST that easy, then fuck it. alliances should be formed to reformat willing individual states' economies.

we could divert $$ from Bush Doctrine-related things and start a brand new global economy stimulation division. stop bombing and start planning. i know it's not black and white like that at all.

the future seems to be with china's dominance and our decline. market competetion nearly promises this. if we aren't king of the hill any more, the rest of the world's economic performance would seemingly help us out.

i know everyone is talking global economy but it must be tightened up from bottom to top. not to be interchangeable, instead imagine well established infrastructures, markets, airports in all areas of the world because of a massive effort to stop spreading Liberty and start spreading proper formulas for Capital creation and good bureaucracy?

lynchburgball, what most don't understand (including Vi and Med) is that Bush/Cheney and company is that their aim is to bring about a one world Government.

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The privilege of the writ of habeas corpus shall not be suspended, unless when in cases of rebellion or invasion the public safety may require it. United State Constitution, Art. I Sec. 9 Par. 2

"Dissent is the Highest form of Patriotism" -- Howard Zinn

Believe me Dank, I am fully aware of that. A one world government controlled by elites with a new low standard of living for everyone, Except them.

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Life is good, the water is sweet. The ground keeps moving beneath my feet.