Current Events > Dr. Martin Luther King, Jr.'s thoughts on Capitalism:

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Shablagoo
01/19/21 5:57:50 AM
#1:


Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the system will not change the rules, we are going to have to change the system.

https://www.brainyquote.com/quotes/martin_luther_king_jr_691624

.

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ssjevot
01/19/21 6:05:58 AM
#2:


This is a good topic.

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g980
01/19/21 7:03:23 AM
#3:


I own a house, a car, and i have a year's salary in the bank - am i rich beyond conscience or am i poor?
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scar the 1
01/19/21 7:18:09 AM
#4:


g980 posted...
I own a house, a car, and i have a year's salary in the bank - am i rich beyond conscience or am i poor?
How are you making your money?

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UnfairRepresent
01/19/21 7:20:48 AM
#5:


g980 posted...
I own a house, a car, and i have a year's salary in the bank - am i rich beyond conscience or am i poor?
I'm guessing you don't know what "almost" means

The 300 richest men in America have more wealth than the following 300 million.

It's the world leader and superpower, spends billions on military and yet has starvation, homelessness shitty healthcare.

And the middle class gets smaller every week

IF you can't see this point because you're in the shrinking middle class, you're blinding yourself intentionally.

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^ Hey now that's completely unfair!
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MachineJaipur
01/19/21 7:24:07 AM
#6:


g980 posted...
I own a house, a car, and i have a year's salary in the bank - am i rich beyond conscience or am i poor?
Rich beyond conscience is having tens or hundreds of billions of dollars in wealth and sitting on that pile while the world around you suffers and burns.
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g980
01/19/21 7:29:45 AM
#7:


scar the 1 posted...

How are you making your money?


By providing a good and/or service through my employer to people who value that good/service more than the price we charge
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darkphoenix181
01/19/21 7:33:55 AM
#8:


g980 posted...
I own a house, a car, and i have a year's salary in the bank - am i rich beyond conscience or am i poor?

Got mine
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g980
01/19/21 8:57:50 AM
#9:


Fine i'll give a non shitpost post:
-we can address poverty within our current system
-equal outcomes for unequal effort is unjust, the goal should be equal opportunity
--- yes i believe society should largely be a meritocracy, no i dont think it is a perfect meritocracy atm
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Webmaster4531
01/19/21 9:28:09 AM
#10:


g980 posted...
-we can address poverty within our current system
That's nonsense, if the current system worked it would work.
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Ad Hominem.
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#11
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The Trent
01/19/21 9:29:35 AM
#12:


wtf we love capitalism now

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RebelElite791
01/19/21 9:32:14 AM
#13:


I saw someone on twitter yesterday (a conservative replying to ivankas dumb mlk tweet) saying that mlk would be disappointed that the democrats are all socialists now

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orangefire25
01/19/21 9:33:36 AM
#14:


RebelElite791 posted...
I saw someone on twitter yesterday (a conservative replying to ivankas dumb mlk tweet) saying that mlk would be disappointed that the democrats are all socialists now
Well America has basically whitewashed mlk and his ideals to fit the perfect liberal box, and socialist MLK don't fit

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ThyCorndog
01/19/21 9:34:44 AM
#15:


RebelElite791 posted...
I saw someone on twitter yesterday (a conservative replying to ivankas dumb mlk tweet) saying that mlk would be disappointed that the democrats are all socialists now
I've seen conservatives claim mlk was a republican

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g980
01/19/21 9:41:39 AM
#16:


Webmaster4531 posted...

That's nonsense, if the current system worked it would work.


"my car needs an oil change, better get a new car"
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Webmaster4531
01/19/21 10:02:53 AM
#17:


g980 posted...
"my car needs an oil change, better get a new car"
"The car hasn't worked in 200 years, just needs an oil change."
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Ad Hominem.
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scar the 1
01/19/21 10:19:05 AM
#18:


g980 posted...
-we can address poverty within our current system
Poverty is and always was a feature of the current system, not an artifact that is to be fixed.

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g980
01/19/21 10:37:12 AM
#19:


scar the 1 posted...

Poverty is and always was a feature of the current system, not an artifact that is to be fixed.


nope
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scar the 1
01/19/21 10:37:56 AM
#20:


g980 posted...
nope
When wasn't it?

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g980
01/19/21 10:42:43 AM
#21:


scar the 1 posted...

When wasn't it?


Always

The illuminati do not conspire to keep you poor
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Solid Sonic
01/19/21 10:44:35 AM
#22:


scar the 1 posted...
How are you making your money?

By using my IT skills to reinforce the military industrial complex.

#NotSorry

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scar the 1
01/19/21 10:50:18 AM
#23:


g980 posted...
Always

The illuminati do not conspire to keep you poor
I didn't say they do

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ThyCorndog
01/19/21 10:51:32 AM
#24:


g980 posted...
Always

The illuminati do not conspire to keep you poor
that's not what he meant

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Letron_James
01/19/21 11:02:58 AM
#25:


Trickle down economics work until the rich people stop putting the money back into the system. They are somehow the top and bottom of the chain

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g980
01/19/21 11:06:17 AM
#26:


Letron_James posted...
Trickle down economics work until the rich people stop putting the money back into the system. They are somehow the top and bottom of the chain


Not to defend trickle down economics - which is not fundamental to capitalism - but what you are describing where the same entity is both the top and bottom of the chain is called a 'cycle'
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#27
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Shablagoo
01/19/21 1:26:30 PM
#28:


Webmaster4531 posted...
"The car hasn't worked in 200 years, just needs an oil change."

Its...pristine.

g980 posted...
Not to defend trickle down economics - which is not fundamental to capitalism

So is our current system viable or not? Im getting mixed messages from you, here.

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Broseph_Stalin
01/19/21 1:28:34 PM
#29:


famed economist Martin Luther King Jr.
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Shablagoo
01/19/21 1:31:54 PM
#30:


Famed purveyor, Broseph, of the Economics 101 education provided to the petit bourgeoisie by...

*checks notes*

the elite class of our current system

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"If you wanna grow your business you need to exploit more." ~Austin_Era_II
"Out of those two? Racist for me... easily." ~Vicious_Dios
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FantasticAssGas
01/19/21 1:33:16 PM
#31:


Capitalism is still the best, most fair system we have though, wonder if he ever eventually learned that.
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Broseph_Stalin
01/19/21 1:33:33 PM
#32:


don't care didn't ask plus you're a genocide denier
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#33
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nemu
01/19/21 1:41:54 PM
#34:


Just broadly saying "capitalism is X Y Z" lacks just as much nuance as the people going "socialism is communism." We can say "the American system has royally fucked up in some areas," but capitalism itself is the best system we've developed. Some percentage of humanity will inevitably suffer because a utopia is not possible in our current era. We may eventually have the technology and resources for a better way of doing things, but it's a pipedream to expect otherwise at this moment/
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scar the 1
01/19/21 1:49:28 PM
#35:


nemu posted...
but capitalism itself is the best system we've developed.
What other systems have we developed?

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RchHomieQuanChi
01/19/21 1:54:52 PM
#36:


Poverty under capitalism is a feature, not a bug. The system is working exactly how it was intended to work.

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Shablagoo
01/19/21 1:57:20 PM
#37:


nemu posted...
capitalism itself is the best system we've developed

Im inclined to disagree when we produce enough food to feed 11 billion people but still have massive amounts of starvation and food insecurity.

Broseph_Stalin posted...
don't care

We know lol

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"If you wanna grow your business you need to exploit more." ~Austin_Era_II
"Out of those two? Racist for me... easily." ~Vicious_Dios
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Broseph_Stalin
01/19/21 1:57:29 PM
#38:


RchHomieQuanChi posted...
Poverty under capitalism is a feature, not a bug.

Weird how there's a direct correlation between market economies and declining poverty then
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#39
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Lost_All_Senses
01/19/21 2:05:56 PM
#40:


You know you're rich beyond conscious when you're spending ridiculous amounts on luxury things that don't even give you feeling anymore. Because you're literally chasing that feeling and don't even care to try seeing if helping people with that money instead might be what feels good. Maybe these guys try that and just hate the feeling of making other people's lives tolerable tho.

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g980
01/19/21 2:59:48 PM
#41:


RchHomieQuanChi posted...
Poverty under capitalism is a feature, not a bug. The system is working exactly how it was intended to work.


Nope
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hockeybub89
01/19/21 3:03:21 PM
#42:


"MLK would be appalled by BLM"
"MLK was not a big fan of gay people"
"MLK wasn't an expert"

How are we using MLK as a weapon against the left today?

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g980
01/19/21 3:05:54 PM
#43:


hockeybub89 posted...
"MLK would be appalled by BLM"
"MLK was not a big fan of gay people"
"MLK wasn't an expert"

How are we using MLK as a weapon against the left today?


Uh i dont think thats what anyone is doing itt
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scar the 1
01/19/21 3:08:02 PM
#44:


g980 posted...
Nope
It's just such a weird coincidence then that people are put into and kept in poverty and slavery for the purpose of increasing the wealth of capitalists

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hockeybub89
01/19/21 3:11:38 PM
#45:


g980 posted...
Nope
Even if everyone learned the right skills and worked the right amount of hard, people would still be stuck on the bottom. There would be an overabundance of skill and no jobs or money for all of them. Someone needs to work all the jobs and then big brained critics would still call out the unfortunate losers for their lack of effort and failure to forecast the market. "We shouldn't help them if they can't even help themselves. Those aren't supposed to be jobs you can live on. Should have studied an in-demand skill"

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jason19192
01/19/21 3:11:47 PM
#46:


Based and redpilled
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g980
01/19/21 3:16:12 PM
#47:


scar the 1 posted...

It's just such a weird coincidence then that people are put into and kept in poverty and slavery for the purpose of increasing the wealth of capitalists


1) Slavery is not compatible with capitalism, nor is it legal in our current system

2) businesses are at worst indifferent to poverty, no legitimate business is actively scheming to put people in poverty. Its not even a good business model

3) our current system is not free for all laissez faire system. We have government tools to help regulate and provide a minimum QoL to citizens.

Sure we need to better fund welfare, but that can happen in our current system.
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KobeSystem
01/19/21 3:25:03 PM
#48:


g980 posted...
Sure we need to better fund welfare, but that can happen in our current system.

I see what you mean but it's hard to do that when the top 1% of the top 1% control our "representatives"

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hockeybub89
01/19/21 3:29:43 PM
#49:


g980 posted...
Sure we need to better fund welfare, but that can happen in our current system.
By this logic, we can have any system. "We just haven't done it right yet"

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Slaya4
01/19/21 3:30:59 PM
#50:


Capitalism is by far the fairest system that we have by a large margin. The people that claim that Socialism or Communism is "better" neglect the fact that man is selfish by nature. There is no Kumbaya, smoking weed in a circle with roses when dividing things out. We've seen time and time again that when socialism fails, it fails HARD. Capitalism has not once failed as hard as Socialism or Communism and yet people still believe that those two systems are the answers when they have a track record of many failures.

The excuse is always, "well those countries didn't do it right," but that's the outcome of the greed of man and yet we're supposed to somehow believe that America can do it right? When we have showed the world and ourselves how selfish we are? Like I honestly don't get it.

These folks also neglect the fact that the rich donate a shitton of their money to programs that help the poor already since donating money is a cheat code when it comes to taxes.

If anybody praises socialism ask them how much of their money do they donate and that will tell you everything you need to know about their argument.

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