economic system poll

[MaC]

Since Capitalism gets such overwhelming positive results when compared with Communism (and who can blame it), I figured this would be a more fair way to see where people stand.

Of course I choose option 1.

[dazzleman]

What's the difference between capitalism and free market capitalism?

BTW, interesting signature picture.  I'd love to see the hole that guy plans to fit that "appendage" into.

[A18]

I'm guessing Pseudo Socialism is what we have now, whereas capitalism is what we had between Benjamin Harrison and Franklin Roosevelt?

[Emsworth]

Laissez-faire capitalism (option 1 in this poll, I suppose).

[© tweed]

I interpret the poll choices to mean the following:

Free Market Capitalism: No government intervention in the economy.  (no examples come to mind)

Capitalism: Some government intervention to ensure competetion and the well-being of the businesses and the consumer.  Example: USA

Pseudo-socialism: Government owns/controls some major industries, but plenty of private ownership still exists.  Examples: Canada, UK

Socialism: Government controls the regulates most (or all, in theory) of production.  Ex: Laos?
--------
I go with capitalism.

[TomC]

Capitalism: Some government intervention to ensure competetion and the well-being of the businesses and the consumer.  Example: USA

[MaC]

What's the difference between capitalism and free market capitalism?

BTW, interesting signature picture.  I'd love to see the hole that guy plans to fit that "appendage" into.

A free market-no trade restrictions, very few taxes, no price controls, no regulations, you get the idea.  Pretty much an Adam Smith textbook version.

[MaC]

I interpret the poll choices to mean the following:

Free Market Capitalism: No government intervention in the economy.  (no examples come to mind)

Late 1700s/early 1800s America would probably best fit.

[MaC]

I'm guessing Pseudo Socialism is what we have now, whereas capitalism is what we had between Benjamin Harrison and Franklin Roosevelt?

For the sake of argument let's call the US somewhat between 2 and 3.  Pseudo-socialism would be about back in the 1960s-70s.  Socialism would be Scandinavian economies.

[Bandit3 the Worker]

Socialism would be Scandinavian economies.

Using this definition, socialism would be by far the best option.

[Max Power]

Free Market Capitalism (sane)

[Hatman 🍁]

Other: Social Capitalism

[Everett]

Free Market Capitalism (sane)

^^^^^

I think your signature is hilarious.

[Max Power]

Free Market Capitalism (sane)

^^^^^

I think your signature is hilarious.

Thanks! Yours too!!

[opebo]

What a poor set of choices Cereal has offered us. 

The difference between 'capitalism' and 'free market capitalism' is so small as to be of no effect whatsoever.

The blatantly biased term 'psuedo socialism' covers an enormous territory from America's happy days of Keynesian redistributionist capitalism to the comfortable welfare states of modern Western European Capitalism.  In all cases, these societies are primarily capitalistic, with very minor attempts to reduce capitalism's inherent heirarchy of abuse.

Finally we are left with 'Socialism' to cover, presumably, everything from the satisfying but chaotic Revolution, where the oppressed get to slit the throats of their owners, to the staid but unproductive system of State ownership of industry, as in the good old Soviet Union.

As usual Milky has made a bad poll.

[© tweed]

Free Market Capitalism (sane)

Most people are answering the question this way without a full understanding of what free market capitalism is.

If you answer that, you have to agree that Teddy Roosevelt was perhaps the worst president in United States history for breaking up monopolies.

I answered 'capitalism' because I feel it is necessary for the government to intervene at times, such as, when monopolies or trusts occur.  That kind of intervention is necessary for the betterment of the consumer.

[opebo]

Free Market Capitalism (sane)

Most people are answering the question this way without a full understanding of what free market capitalism is.

These poor dolts don't realize that unless they're millionaires, they're voting for a system that leads to their own desperate impoverishment.

[Bono]

Capitalism is simply people charging interest on lended income.

[jokerman]

Keynesian Capitalism

[TeePee4Prez]

What a poor set of choices Cereal has offered us. 

The difference between 'capitalism' and 'free market capitalism' is so small as to be of no effect whatsoever.

The blatantly biased term 'psuedo socialism' covers an enormous territory from America's happy days of Keynesian redistributionist capitalism to the comfortable welfare states of modern Western European Capitalism.  In all cases, these societies are primarily capitalistic, with very minor attempts to reduce capitalism's inherent heirarchy of abuse.

Finally we are left with 'Socialism' to cover, presumably, everything from the satisfying but chaotic Revolution, where the oppressed get to slit the throats of their owners, to the staid but unproductive system of State ownership of industry, as in the good old Soviet Union.

As usual Milky has made a bad poll.

I agree with you.  I favor a Keynesian system that reduces many of the rough edges of laissez-faire capitalism.

[opebo]

I agree with you.  I favor a Keynesian system that reduces many of the rough edges of laissez-faire capitalism.

Great role models are - Norway, Sweden, the Netherlands, Germany.  It boggles the mind that the toiling masses of the USA are too dim to realize this.

[MaC]

Keynesian Capitalism

Such things do not exist, prude.  A system with the word "Keynesian" implies some form of socialism (options 3 or 4)

[opebo]

Keynesian Capitalism

Such things do not exist, prude.  A system with the word "Keynesian" implies some form of socialism (options 3 or 4)

No, it implies a form of Capitalism that has a very small amount of 'socialism' as well.  It is silly to call something by what is a very small aspect of it.

For example
                                        Capitalism                         Socialism
Laissez-faire                        95%                                    5%
Capitalism (status quo)        90%                                  10%
Keyensian capitalism            70-80%                             20-30%
Social Democracy                  50-70%                             30-50%
Socialism Soviet style            5-20%                               80-95%

[I spent the winter writing songs about getting better]

Socialism

[opebo]

Socialism

I also voted for 'socialism', given the unrealistic choices Milky offered.