• Re: Capitalism has acted as a powerful engine for human advancement

    From a425couple@a425couple@hotmail.com to or.politics,alt.economics,rec.aviation.military,seattle.politics,fl.politics on Sun Mar 22 13:54:37 2026
    From Newsgroup: rec.aviation.military

    On 3/21/26 08:01, Webbster wrote:
    https://imgur.com/MRNjX9C

    AI Overview
    Capitalism has acted as a powerful engine for human advancement, driving unprecedented economic growth, innovation, and poverty reduction. It has lifted over a billion people out of extreme poverty in recent decades, fostered technological progress, and increased global life expectancy,
    largely by encouraging competition, private property rights, and
    efficiency.

    YouTube
    YouTube
    +2

    Key results of capitalism include:
    Massive Poverty Reduction: Capitalism has been the primary driver in
    reducing global poverty, including rescuing over 680 million people from poverty in China alone.

    Unprecedented Economic Growth: It has generated immense wealth and
    fostered innovation, leading to higher standards of living.

    Increased Competition and Choice: Market competition encourages
    businesses to improve products and services, offering consumers greater variety at better prices, as discussed by Employer Flexible.

    Technological Advancement: By incentivizing efficiency, capital
    accumulation, and new methods, it has driven dramatic improvements in
    areas like technology and medicine.

    Global Prosperity: In recent decades, capitalism has contributed to
    declining child mortality and increased wealth creation worldwide, notes
    Johan Norberg in the Cato Institute.

    Improved Material Conditions: The focus on investment and development
    has fundamentally improved living standards for a large portion of the
    world's population.
    Brookings
    Brookings
    +6



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  • From Trump Commies@Aribadd@ariba.me to or.politics,alt.economics,rec.aviation.military,seattle.politics,fl.politics on Sun Mar 22 21:40:40 2026
    From Newsgroup: rec.aviation.military

    Tell Trump to stop buying in to American corporations.

    He's supposed to be a capitalist, not a fucking communist.


    Trump's administration has been adopting policies that resemble state capitalism, where the government takes equity stakes in private companies, such as Intel and MP Materials. This approach has raised concerns about the potential shift towards a more controlled economy, drawing comparisons to communist practices of state ownership and control over production.

    Is Trump admin embracing 'communism'? Critics say so

    August 25, 2025 3 min read


    The Trump administration announced a 10% stake in Intel on Friday, in a unique flex of power to apply federal control over a private business. According to a joint statement announcing the agreement, it amounts to an
    $8.9 billion investment in common stock, while U. S. officials will not
    seek direct representation on the technology's board. However, they will
    vote on matters requiring shareholder approval with "limited exceptions. "

    Trump defended the new acquisition on Monday, writing that around $11
    billion "goes to the USA. "

    "Why are 'stupid' people unhappy with that? " Trump wrote on his Truth
    Social platform. " I will make deals like that for our Country all day
    long. "

    Hassett also shielded the new deal from criticism during an appearance on CNBC's "Squawk Box" an hour earlier.

    When asked by co-anchor Andrew Ross Sorkin if the United States should
    expect the federal government to be taking more equity stakes in businesses around the country, Hassett responded: "It's possible, yeah. That's
    absolutely right. "

    "In the past, the federal government's been giving money away, lickety-
    split, to companies, and the taxpayers have received nothing in return, " Hassett continued.

    Under the deal, the stake will be paid through $5.7 billion in grants previously awarded to Intel under the 2022 U. S. CHIPS and Science Act. An additional $3.2 billion will also be granted to the company as part of
    Secure Enclave, a national security initiative.

    Social media critics were quick to label the partnership as an example of "communism. "

    "Lmao communism came in the form of a MAGA hat, " one user wrote on X.

    The Lincoln Square, a joint endeavor with The Lincoln Project, said that
    "If it looks like communism and sounds like communism, it's communism. "

    "If Obama or Biden did this, the GOP/Fox screams of socialism would be
    louder than Spinal Tap's up-to-11 amps, " writer Michael Freeman posted.

    Former MSNBC host Mehdi Hasan joked, "'The Democrats are COMMUNISTS! '"

    "Breaking: Republican president to continue seizing the means of
    production, " the "Republican Accountability" account wrote.

    Rep. Sean Casten (D-Ill. ) also weighed in: "Last term - just a year ago! -
    a lot of my Republican colleagues were making a lot of noise about the pernicious influence of foreign 'state owned enterprises'. And here we are now. "

    Trump announced the deal on social media, in which he praised the company's CEO only two weeks after he called for his resignation.

    Intel (INTC, Financials) is in more legal difficulty after a shareholder
    sued the corporation for giving the U. S. government a 10% stock holding.
    In Delaware's Court of Chancery, the complaint says that the agreement that has caused so much trouble may not have been undertaken with shareholders' best interests in mind. The Financial Times says that the lawsuit says
    Intel's officials consented to the deal in order to avoid political
    pressure from the Trump administration. From the point of view of shareholders, the action might have made current shares less valuable while providing the government a large stake in the firm. The complaint asks if Intel's board properly considered how the deal would affect investors
    before giving it the green light. Intel is already under a lot of pressure
    to go back on top in the global semiconductor competition, so this fight
    comes at a bad moment. Governments all across the globe, but mainly the US, have been working to make domestic chip manufacture stronger for reasons of national security and supply chain. Intel might get more money and
    political backing for its manufacturing plans if it works closely with Washington. But the case shows how hard it is for the government to work
    with private stockholders.

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  • From a425couple@a425couple@hotmail.com to seattle.politics,or.politics,rec.aviation.military on Sun Mar 22 15:21:02 2026
    From Newsgroup: rec.aviation.military

    On 3/22/26 14:40, Trump Commies wrote:
    Tell Trump to stop buying in to American corporations.

    He's supposed to be a capitalist, not a fucking communist.

    Trump's administration has been adopting policies that resemble state capitalism, where the government takes equity stakes in private companies, such as Intel and MP Materials. This approach has raised concerns about the potential shift towards a more controlled economy, drawing comparisons to communist practices of state ownership and control over production.

    I would tell him that,,, but he won't listen to me.
    He won't even listen to Kevin O'Leary on that subject.


    Kevin O'Leary on U.S. government's Intel stake: I abhor this idea
    YouTube -+ CNBC Television
    34.1K+ views -+ 6 months ago

    Kevin O'Leary joins 'Squawk Box' to discuss his thoughts on the U.S. government's 10% stake in Intel.
    AI Overview

    Kevin O'Leary has heavily criticized Intel, calling it a "loser" and
    "where money goes to die" due to mismanagement, missed opportunities in
    AI and mobile, and poor stock performance. He strongly opposes U.S.
    government investment in Intel, arguing against using taxpayer money to support failing companies.
    Politico
    Politico
    +4
    Key Opinions on Intel:
    Failed Strategy: O'Leary believes Intel "lost its way over a decade
    ago," failing to keep up with mobile, cloud, and AI technology waves. Government Bailout Opposition: He strongly objects to the U.S.
    government taking a 10% stake in Intel, calling it a "waste of taxpayer dollars" and "really bad idea" that goes against free-market principles.
    "Let it Fail": He has argued that underperforming companies should be
    allowed to fail rather than being supported, saying he wouldn't invest
    his own money in Intel.
    Missed Opportunities: He noted that Intel has wasted years, describing
    it as a company that should have been sold for parts, say his post on X. Politico
    Politico
    +5
    O'LearyrCOs stance reflects his overall investment philosophy of avoiding underperforming assets and allowing market forces to dictate company
    survival, as he explains in his interview on YouTube.
    YouTube
    YouTube
    +2

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  • From Jim Wilkins@muratlanne@gmail.com to or.politics,alt.economics,rec.aviation.military,seattle.politics,fl.politics on Sun Mar 22 18:55:14 2026
    From Newsgroup: rec.aviation.military

    "a425couple" wrote in message news:iGYvR.1188707$wcP9.922210@fx24.iad...

    On 3/21/26 08:01, Webbster wrote:
    https://imgur.com/MRNjX9C

    AI Overview
    Capitalism has acted as a powerful engine for human advancement, driving unprecedented economic growth, innovation, and poverty reduction. ----------------------------------

    Capitalism "fails" for those who don't participate in it and learn to
    support themselves productively.
    For example this is the opening number of "La La Land", about Hollywood dreamers.

    https://www.youtube.com/watch?v=xVVqlm8Fq3Y

    I think about that day
    I left him at a Greyhound station, west of Santa F|-
    We were 17, but he was sweet and it was true
    Still I did what I had to do
    'Cause I just knew
    Summer Sunday nights
    We'd sink into our seats
    Right as they dimmed out all the lights
    A Technicolor world made out of music and machine
    It called me to be on that screen
    And live inside each scene
    Without a nickel to my name
    Hopped a bus, here I came
    Could be brave or just insane
    We'll have to see
    'Cause maybe in that sleepy town
    He'll sit one day, the lights are down
    He'll see my face and think of how he used to know me
    Behind these hills I'm reaching for the heights
    And chasing all the lights that shine
    And when they let you down (it's another day)
    You'll get up off the ground (it's another day)
    'Cause morning rolls around and it's another day of sun
    I hear 'em everyday
    The rhythms in the canyons that'll never fade away
    The ballads in the barrooms left by those who came before
    They say, "You gotta want it more"
    So I bang on every door
    And even when the answer's "No"
    Or when my money's running low
    The dusty mic and neon glow
    Are all I need
    And someday as I sing a song
    A small-town kid'll come along
    That'll be the thing to push him on and go go
    Behind these hills I'm reaching for the heights
    And chasing all the lights that shine
    And when they let you down (it's another day)
    You'll get up off the ground (it's another day)
    'Cause morning rolls around and it's another day of sun
    And when they let you down
    The morning rolls around
    It's another day of sun
    It's another day of sun
    It's another day of sun (sun, sun, sun)
    It's another day of sun
    Just another day of sun
    It's another day of sun
    The day has just begun
    It's another day of sun

    "Rent", adapted from "La Boheme", expresses the philosophy of dropping out, rejecting conventional society and struggling to make a living from a hobby.

    https://www.youtube.com/watch?v=xTvhS5d1kn8

    https://www.allmusicals.com/lyrics/rent/lavieboheme.htm

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  • From Jim Wilkins@muratlanne@gmail.com to seattle.politics,or.politics,rec.aviation.military on Sun Mar 22 20:09:37 2026
    From Newsgroup: rec.aviation.military

    "a425couple" wrote in message news:kXZvR.101914$qW1.11521@fx20.iad...
    On 3/22/26 14:40, Trump Commies wrote:
    Tell Trump to stop buying in to American corporations.
    I would tell him that,,, but he won't listen to me.
    He won't even listen to Kevin O'Leary on that subject.

    -----------------------------

    https://www.buckeyeinstitute.org/research/detail/the-obama-administrations-auto-bailout-failure

    To survive government must favor fairness, and industry efficiency. The two are at odds without the perfect workers found only in socialist dreams.

    In US history arsenals and naval shipyards were the battlegrounds for this. Each failure brings calls to switch between public and private operation.

    https://blogs.worldbank.org/en/developmenttalk/private-versus-public-electricity-distribution-utilities-are-outcomes-different-end-users

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  • From Webbster@bax02_spamblock@baxcode.com to or.politics,alt.economics,rec.aviation.military,seattle.politics,fl.politics on Mon Mar 23 05:05:43 2026
    From Newsgroup: rec.aviation.military

    "Jim Wilkins" <muratlanne@gmail.com> wrote in news:10pprvj$3maah$1@dont-email.me:

    "a425couple" wrote in message
    news:iGYvR.1188707$wcP9.922210@fx24.iad...

    On 3/21/26 08:01, Webbster wrote:
    https://imgur.com/MRNjX9C

    AI Overview
    Capitalism has acted as a powerful engine for human advancement,
    driving unprecedented economic growth, innovation, and poverty
    reduction. ----------------------------------

    Capitalism "fails" for those who don't participate in it and learn to support themselves productively.

    Capitalism fails for thos who don't have capital.

    it concentrates wealth at the top, and entrenches inequality.

    What works is capitalism modified with socialism - which is anathama to conservaturds and the wealthy.
    --
    @..@
    (----)
    ----------
    United we ribbit, divided we croak
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  • From Donald J. Trump@epstein@maga.gop to seattle.politics,or.politics,rec.aviation.military on Wed Mar 25 13:04:36 2026
    From Newsgroup: rec.aviation.military

    All leftists are communists who advocate for government ownership of all industries while all rightists are pure unadulterated lassez faire
    capitalists who grovel at the feet of Trump, the government.

    Since Trump was elected the second time, Democrats have flipped 29 state legislative seats. Republicans have flipped zero.
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  • From Donald J. Trump@epstein@maga.gop to seattle.politics,alt.economics,rec.aviation.military,or.politics,ca.politics on Wed Mar 25 13:05:27 2026
    From Newsgroup: rec.aviation.military

    Since Trump was elected the second time, Democrats have flipped 29 state legislative seats. Republicans have flipped zero.
    --- Synchronet 3.21f-Linux NewsLink 1.2
  • From Daniel@me@sc1f1dan.com to alt.economics,rec.aviation.military on Thu Mar 26 09:52:34 2026
    From Newsgroup: rec.aviation.military

    "Donald J. Trump" <epstein@maga.gop> writes:

    Since Trump was elected the second time, Democrats have flipped 29 state legislative seats. Republicans have flipped zero.

    Quite possibly the most worthless stat as one could imagine. What's
    next? City council? School board? Wait I have one, Village Trustee.

    Yes, correlate that to measure Trump's success. When people lose bigly,
    they'll grasp at anything.
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