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EvC Forum Side Orders Coffee House Occupy Wall Street

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Author Topic:   Occupy Wall Street
Minnemooseus
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Posts: 3945
From: Duluth, Minnesota, U.S. (West end of Lake Superior)
Joined: 11-11-2001
Member Rating: 10.0


Message 476 of 602 (639568)
11-02-2011 12:49 AM
Reply to: Message 469 by Buzsaw
11-01-2011 9:14 PM


Re: Peter Schiff Speaks For 1% Occupy Wall Street
To get some of the text content into this topic, I quote from Buz's source:
quote:
The message that Schiff wants to extend is that what the protesters are complaining about isn’t capitalism, rather corporatism; big government and big business colluding together to distort the market and rob taxpayers. Some of the conversation is interesting, much of it is one-sided with OWS protesters railing against capitalism and for bigger government. The ignorance of economics you’ll hear from the protesters is astounding.
I (more or less) agree with the Schiff position - I don't know what portion of the OWS protesters also do.
Corporatism = bad capitalism? The conservative push seems to favor big business and small government. Not so much collusion as a capture of government by big business.
By the way, Buz - Do you consider it moral or immoral for an individual to be paid far more than he/she has earned?
Moose

This message is a reply to:
 Message 469 by Buzsaw, posted 11-01-2011 9:14 PM Buzsaw has replied

Replies to this message:
 Message 479 by Buzsaw, posted 11-02-2011 9:21 AM Minnemooseus has seen this message but not replied

  
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