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Old 31-10-2011, 10:58 AM   #948 (permalink)
Boon Mee
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Nobody can say at this stage what will evolve. It's a process that has just started in earnest a few years ago. It will be negotiated. But it won't be socialism.
One thing that has remained a constant throughout time is folks like to own their own stuff and redistribution of wealth to bring everyone down to the same level would be ugly. It can't and won't happen. Someone mentioned earlier that being a Trader isn't 'honest' or 'real' work. Without a Futures or a Forex Market, we might as well be back in the stone age living as hunter/gatherers.

Try a bit of Day Trading and see how difficult the job is...
I was a smallish player on the market for a while as well. I agree. It's not real or honest work. It's being a leech, feeding on others' blood.

Produce something. You don't have to go dig a hole. Start a real productive business that also benefits those around or below you. There is nothing wrong with capitalism, it produces motivation and good stuff. But shifting money around to make a profit is being a leech. You produce zero, your gains come from someone else's pocket, giving no value in return.

That is a leech. Sorry.

Money was invented to pass value.
Ah yes, but, in order to raise capital for your business that 'produces' instead of leeching you need a Bank. And, you may need to raise enough capital to expand your business and employ more workers which requires you to sell shares of your company. We are never going to be w/out Wall St. and the service they provide.
Back in the status quo box.

Do you realize that ALL things change? Why do they change. Because what is is not good enough.

You immediately jump back into the corporate box.

It's such a large issue that it cannot really be discussed on a forum, but you know, there are ways to raise capital without an Exchange. And maybe, just maybe, consumerism and the rape of the planet (I suppose you disagree with that as well), as well as the rape of human populations may be something of the past....
Well, suppose we went the Islamic method of running banks that do not charge interest? How do you propose to raise capitol w/out an Exchange?

People want stuff so consumerism isn't going to go away any time soon.

What we're dealing with here with these protests is a bunch of adult babies who want government to provide all things for all people. It can't happen.
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