ANSWERS: 14
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When mega corporations have no consequences when operating their businesses and expect taxpayer bailouts when they fail at what they do,then capitalism is failing.
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Capitalism is gone! Has been for a while.
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That's the biggest understatement I've heard in a long time! You could call us the New Europe!
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Mr. Sublime has it right. The downside of capitalism is that it inevitably creates a few big winners and many losers. This creates a concentration of power that is then used to protect the position of the winners at the expense of the losers. That's what we have right now. Capitalism is indeed failing.
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No, but socialism around the world sure is! The only way capitalism can fail is if freedom itself fails.
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No, the government is failing capitalism.
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Capitalism as a category is pretty solid. It's only this blind Laissez-Faire ideology that America and many other Western countries have followed in recent decades, which is clearly failing. Capitalism is great, just not a kind of capitalism which completely ignores the needs of the consumers.
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No. Our government is failing right now.
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Yes, partly because of greed (shipping jobs overseas and counting the money ) and partly because some people never wanted it to succeed(leftist), it just has to many things fighting against it.
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No. Capitalism will always succeed because Socialism will always be there to bail it out...
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No, just a black-eye due to the lack of ethics and commonsense among those at the top. They never seem to learn from history, regarding the distribution of wealth in a society. There has to be a link from bottom to top, or it collapses. The foundation needs successive levels, or the penthouse will come crashing down on everyone's heads. Capitalism can only survive if there's a real and viable road to prosperity for all to see and use. I could go on all day with analogies and still I fear, greed will continue to short-sight these clowns as to what's really good for them.
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Neo-Republican brand of Capitalism, yes. What we need is a return to a set of standards Capitalism.
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pure capitalism, pure capitailism that is, in its pureist form, is was, and will always be flawed
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No, but one of its weaknesses is showing -- the basic idea of capitalism is that private markets should set the value of goods and services. In other words, something is "worth" whatever someone else is willing to pay for it. This works almost all the time, but it does open a window for people to buy something not on what it's worth to them now, but what they think it will be worth to someone else tomorrow. Sometimes they get it wrong. Most of the time, only one or two get it wrong and the system just adjusts itself and moves on. In this case, lots and lots and lots of people made the same mistake all at the same time -- thinking that housing prices were going to go up and up forever. This isn't the end of capitalism -- the only alternatives have the opposite problem: they don't allow individual decisions in the marketplace and, as a result, kill innovation and invention and produce a basically static standard of living.
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