Real Time Capitalist Train Wreck (again) happening in USA, Greece, Spain, Italy

[Beliathon]

Capitalism is hitting the fan once again, and this time there will be no "New Deal" to pull it back from collapse. This time there will be no reform.
There will be no negotiating with the real terrorists, the elite parasite caste that smugly hordes 90% of the world's wealth in their greedy claws, while the rest of us fight for metaphorical breadcrumbs.

Learn more here. And here. And here. And here. And here.

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[Chef Ramsay]

I think the sentiment is correct but the terminology is off quite a bit. What we have and what we've had for many decades now is fascism or crony corporatism expanding to where we are. The government is the vehicle that's been bought and paid for to fleece the peasants of their liberties, specifically the economic ones. Democracy is the majority deciding what's best for the minority or two wolves and a lamb deciding what's for dinner tonight. Or, a sub-division deciding that the one person on the block that has a private swimming pool is now a public pool. So basically, individual rights are subject to a vote rather than the purpose of government being to protect those individual rights. Thus, that's why the US had formed a constitutional limited republic so the minority was protected. But, the majority of the people fell asleep and the politicians, corporations and their lobbyist buddies picked the pig clean and that's where the wealth was transferred to. My way to repair that is to use bitcoin and be active in the GOP and bring more libertarianism into it cause 3rd parties can't work and the democratic party is made up of progressive drones and welfare parasites.

[Wilikon]

Capitalism is hitting the fan once again, and this time there will be no "New Deal" to pull it back from collapse. This time there will be no reform.
There will be no negotiating with the real terrorists, the elite parasite caste that smugly hordes 90% of the world's wealth in their greedy claws, while the rest of us fight for metaphorical breadcrumbs.

Learn more here. And here. And here. And here. And here.

Not Wilikon... 0bama will 

[Beliathon]

I think the sentiment is correct but the terminology is off quite a bit. What we have and what we've had for many decades now is fascism or crony corporatism expanding to where we are. The government is the vehicle that's been bought and paid for to fleece the peasants of their liberties, specifically the economic ones.

It's true, malignant corporate power wouldn't be anywhere near as potent without having bought off all our politicians. The thing is, the corporate elite and the political elite, they're the same people. The same old boys millionaires club run the show in private and public sector. It's a revolving door between cushy corporate jobs, lobbying positions, and political seats, and it's been that way for a long time. And not just in the USA. Do you understand the implication here? You can't separate corporatism from capitalist democracy (I use this word loosely here, as it seems to border oxymoron), they're inextricable now. Corporatism has insidiously attached itself to all the structures of democracy like a heartworm. If an infestation becomes severe enough, the heart can no longer be saved, and the animal will die.

We've reached that stage. There is no saving capitalism from corporatism, we're decades past that point. If we're lucky, capitalism will continue its slow death until the volume of human suffering sparks peaceful revolution in some nation, any nation. The world only needs one good example of a peaceful transition. This would begin a domino effect across the globe as society after society veers off in a more compassionate direction. In any nation where the plebes fail to revolt, capitalism will kill its host (democracy) and full corporate neo-fascism will ensue.  If we're unlucky, the capitalist elite will go down fighting and millions will die in "Civil" war. Here in the US, we're getting close to true corporate fascism. I'd say the USA will probably be the most dangerous place during this turmoil, thanks to the legacy of one Joseph McCarthy.

“The strategic adversary is fascism... the fascism in us all, in our heads and in our everyday behavior, the fascism that causes us to love power, to desire the very thing that dominates and exploits us.”
-Michel Foucault

[Beliathon]

I'd like to update my capitalism parasite metaphor from Dirofilaria immitis to Pleistophora mulleri. Perfect.

Also, add Germany to the list of nations in which capitalism has begun imploding.

[sickhouse]

How do you know that you wont get bailed out again though? The train slowdown (wouldn't call it wreck unless you notice big difference) is going slower and slower, sooner or later collapse. New rise, hope it's good guys, propably gonna be bad though.

People keep saying now its happening now its happening (I thought Syria would be WW III) but the truth is that it's eating us up from the inside while keeping our minds busy with the EyePhone.

I'd like to update my capitalism parasite metaphor from Dirofilaria immitis to Pleistophora mulleri. Perfect.

Also, add Germany to the list of nations in which capitalism has begun imploding.

Add any country in Obama's ass.. All in debt as far as I've found out at least..

http://www.nationaldebtclocks.org/debtclock/france
http://www.nationaldebtclocks.org/debtclock/unitedkingdom
http://www.nationaldebtclocks.org/debtclock/russia - interesting, almost the same amount as sweden but way way way more people live there..
Wonder how accurate those are. Looking at the public documents in Sweden and comparing them they were pretty accurate.

[Beliathon]

How do you know that you wont get bailed out again though?

I trust my gut. I don't think it's a politically viable option in today's political climate, there's too much disgust.

[Enjorlas]

States don't exist in Capitalism. States only exist outside of Capitalism. When states interfere with the way Capitalism would otherwise work, the end result is not the result of Capitalism, but rather the state.

For example: Let's say a child builds a castle out of sand. Once it is built, another child walks through and kicks it down. Would we then blame the first child for being a bad builder of sand castles because his sand castle was knocked down? No, the second child obviously intruded into the action of the sand castle being built. The result of the sand castle being kicked down is because the second child chose to kick it. Not because it was built by a bad builder of sand castles.

[Beliathon]

States don't exist in Capitalism. States only exist outside of Capitalism. When states interfere with the way Capitalism would otherwise work

When capitalism began the state did not interfere. Within a century that led to the gilded age, the great depression, World War I, and the new deal.

[Snail2]

When capitalism began the state did not interfere. Within a century that led to the gilded age, the great depression, World War I, and the new deal.

In that case the problem wasn't the capitalism as a structure for producing stuff or the lack of state control. The problem was/is the parasitic banking and stock market system what isn't functioning as it should. Instead of providing liquidity and serve as a marketplace for bulk transfers they keep shaping and reshaping the market at will, into some malformed thing what isn't represent anything near to the reality.

On the political side the main problem is the representative democracy. The political elite what should represent us, lost it's connection to the masses and merged with the economic elite, so it's no longer represents the interests of the public but became a part of a corporate dictatorship.

[TheButterZone]

"When democratic governments create economic calamity, free markets get the blame."

[alani123]

How is this a capitalist train wreck? You know that the USA and the europian countries practice capitalism differently right? Each one of those is a very different case.

Greece used to be governed by its loaners t an extent. Spain ans Italy didn't have to force as many austerity measures to their citizens and the differences go on. OP makes little sense.

[Beliathon]

How is this a capitalist train wreck?

It is. If you can't see it, your privilege bubble must be blinding you to reality. Congratulations on your good fortune.

You know that the USA and the europian countries practice capitalism differently right? Each one of those is a very different case.

Transnational corporations don't seem to give much of a fuck.

Greece used to be governed by its loaners

Now being governed by radical leftists who campaigned and won on an auti-austerity platform.

Spain ans Italy didn't have to force as many austerity measures to their citizens

Yet.

[alani123]

Care to give out some examples of such transnational corporation so I can get a better idea of what you're saying? Also what do they have to do with the "capitalist train wreck"?

[Beliathon]

Care to give out some examples of such transnational corporation so I can get a better idea of what you're saying?

Take your pick of any major internationally operating corporation. http://www.globalissues.org/article/234/the-rise-of-corporations

Also what do they have to do with the "capitalist train wreck"?

Corporations are the most advanced form of capitalist entity, the purest distillation of what capitalism creates. If a small business with four employees is a chimpanzee, Pfizer is a Homo Sapien in capitalism evolution.