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  • From: "Tony Spencer" <tony AT tonyspencer.com>
  • To: "'Internetworkers: http://www.ibiblio.org/internetworkers/'" <internetworkers AT lists.ibiblio.org>
  • Subject: RE: [internetworkers] from the desk of Arianna Huffington
  • Date: Thu, 22 Jul 2004 01:31:32 -0400

"Therefore, capitalism does not naturally concentrate wealth and power into
the hands of the few."

What?! You are crazy. My premise is simple. Name me one nation that has a
greater percentage of its population living better than the US.

After your rant you conclude "your second premise, that America is a
capitalist economy, is not true."
So we are a socialistic economy? I'd better close shop tomorrow. :o


T O N Y S P E N C E R
Notsleepy LLC
6512 Six Forks Rd.
Suite 502-B
Raleigh, NC 27615
Phone: 919.848.0691
Mobile: 415.637.6481
tony AT tonyspencer.com



> -----Original Message-----
> From: internetworkers-bounces AT lists.ibiblio.org
> [mailto:internetworkers-bounces AT lists.ibiblio.org] On Behalf
> Of Paul Cory
> Sent: Thursday, July 22, 2004 1:23 AM
> To: Internetworkers: http://www.ibiblio.org/internetworkers/
> Subject: Re: [internetworkers] from the desk of Arianna Huffington
>
>
> > My argument is not at all flawed. I very simply state that
> we are a
> > capitalistic society and we have a greater percentage of
> our society
> > living outside of the realm of poverty.
>
> Not exactly. You stated that in an attempt to discredit the
> statement that "Capitalism, by it's very nature, concentrates
> wealth and power into the hands of a very few, and those few
> are loathe to give it up."
>
> Your argument then, was:
>
> America has a great percentage of its population living
> comfortably; America is capitalist economy; Therefore,
> capitalism does not naturally concentrate wealth and power
> into the hands of the few.
>
> And, in reply, I pointed out we don't live in a purely
> capitalistic economy. Our society, through government,
> actively works to ameliorate capitalism's tendency to
> concentrate wealth and power. This produces a mixed economy.
>
> Thus, you cannot use America's general prosperity to undercut
> the statement that capitalism concentrates wealth and power
> because your second premise, that America is a capitalist
> economy, is not true.
>
> Which brings me back to: your argument is flawed.
>
> Unless, of course, you meant to imply a different argument. :-)
>
> Paul
>
> >
> >
> >
> > T O N Y S P E N C E R
> > Notsleepy LLC
> > 6512 Six Forks Rd.
> > Suite 502-B
> > Raleigh, NC 27615
> > Phone: 919.848.0691
> > Mobile: 415.637.6481
> > tony AT tonyspencer.com
> >
> >
> >
> >> -----Original Message-----
> >> From: internetworkers-bounces AT lists.ibiblio.org
> >> [mailto:internetworkers-bounces AT lists.ibiblio.org] On
> Behalf Of Paul
> >> Cory
> >> Sent: Thursday, July 22, 2004 12:52 AM
> >> To: Internetworkers: http://www.ibiblio.org/internetworkers/
> >> Subject: Re: [internetworkers] from the desk of Arianna Huffington
> >>
> >>>> "Capitalism, by it's very nature, concentrates wealth and
> >> power into
> >>>> the hands of a very few, and those few are loathe to give it up."
> >>>>
> >>> I'm dumbfounded by this statement. Name one nation in this
> >> world that
> >>> has a greater percentage of its population >living< more
> >> comfortably
> >>> than American's do.
> >>
> >> Your argument is flawed, because America doesn't practice "pure"
> >> capitalism. In this country, capitalism's tendency to concentrate
> >> wealth and power has been reigned in by government action:
> labor laws
> >> (minimum wage, overtime pay, collective bargaining
> rights), antitrust
> >> laws, regulation of monopolies (such as power companies), estate
> >> taxes, and a progressive tax code that, combined with a welfare
> >> system for the poor and elderly, redistributes wealth from
> the rich
> >> to the less fortunate.
> >>
> >> Please also note that over the past 24 years, as the
> Republicans have
> >> gained ascendancy, they have greatly weakened government
> efforts in
> >> all the above areas.
> >> Predictably, over the same period of time, wealth in this
> country has
> >> become more greatly concentrated.
> >>
> >> Paul
> >>
> >> ---
> >> Come and play at the InterNetWorkers Web site!
> >> http://www.ibiblio.org/internetworkers/
> >> You are currently subscribed to InterNetWorkers mailing list To
> >> unsubscribe visit
> >> http://lists.ibiblio.org/mailman/listinfo/internetworkers
> >>
> >>
> >
> > ---
> > Come and play at the InterNetWorkers Web site!
> > http://www.ibiblio.org/internetworkers/
> > You are currently subscribed to InterNetWorkers mailing list To
> > unsubscribe visit
> > http://lists.ibiblio.org/mailman/listinfo/internetworkers
> >
>
> ---
> Come and play at the InterNetWorkers Web site!
> http://www.ibiblio.org/internetworkers/
> You are currently subscribed to InterNetWorkers mailing list
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>
>





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