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some sort of error has occurred in the political thread and posting in there seems to be impossible at the moment. I've contacted Jay about it. I figured we could continue the conversation here until Jay gets things fixed.
xhonzi said:
Warbler said:
I have never, do not now, will never believe in the "invisible hand" stuff.
This is why you're a Socialist.
this is I why I put you on ignore. I need to stop reading your posts.
xhonzi said:
Not an accusation or a judgement. Just an observation.
yeah, it is an accusation and a judgement. You are basically saying I am unAmerican.
I am not a socialist. I do not believe in the government having total control over the economy.
xhonzi said:
It makes sense. It's practically impossible to be a Capitalist without some belief in the "invisible hand" stuff. And it's pretty easy to see why you'd lean socialist/communist if you didn't think that money worked that way. It's pretty much the only option open to you if you don't believe in the invisible hand.
perhaps I am neither capitalist nor socialist. maybe I am something in between?
xhonzi said:
But how you can deny the invisible hand baffles me.
I just don't. I don't believe that people trying to get rich is just going happen to help everyone else.
xhonzi said:
Perhaps it's due to limited personal experience with captial.
yeah sure, that's what it is.
xhonzi said:
I don't mean that as a slight or a "tactic".
you sure about that?
xhonzi said:
And I apologize if you take it that way.
uh huh.
xhonzi said:
Maybe other people in this thread that don't believe in the invisible hand of the free market at all, but who have more life experience with the market, can back you up and help us understand how it can be so easily dismissed.
they are free to try.
xhonzi said:
If I could force you to read Adam Smith or Milton Friedman, I would. Or even just Freakonomics. I guess you could read it and disagree the whole time... but it's pretty hard to argue against, as far as I can tell.
Or course, if you can completely dismiss Max's example of it his above post as nonsense, I guess you could do the same to Smith or Friedman.
since I probably won't ever read that stuff, we will never know.
xhonzi said:
Just one more note: I don't think anyone would argue that free markets guided by invisible hands are perfect. I would argue that they are best, but still have problems.
maybe because they aren't perfect is why you need government intervention sometimes?
xhonzi said:
Capitalism is indeed the worst system. Except for all of the other ones.
I would agree with that, for the most part. Capitalism is better that just about anything else out there. But I think would work the best a capitalism with a little bit of socialism thrown in for good measure.
xhonzi said:
One more: "Money is the root of all good." Francisco d'Anconia
and here I always thought it was the root of all evil. stupid me.
now I am done with you, xhonzi.