07-26-2008, 06:30 PM | #111 | |
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I have bnot rfead thw whole thread, however, so maybe mine doesn't make sense.
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07-26-2008, 06:42 PM | #112 |
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This thread gets me back to what I have been discussing recently: does anyone have any doubt that materialism and the love of money and things is at the root of much harm?
I am wondering why I don't hear much about it at General Conference, despite the entire Book of Mormon bein peppered with this message. Prosperity gospel, we sneer at Joel Osteen, but frankly, I don't think we are very far removed from it. |
07-26-2008, 06:47 PM | #113 | |
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07-26-2008, 06:51 PM | #114 | |
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07-26-2008, 07:22 PM | #115 | |
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07-26-2008, 08:02 PM | #116 | |
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The biggest problem I have is how much of what I earn is taken from my by the government and wasted. Government welfare seems to have created generations of dependents who believe that their mere existence warrants handouts. Do you deny that? What I've said before and will say again is that I want to be able to decide where my money goes. Let me keep more in my pocket and I will have more in order to help others who are in need and I believe I am a better judge of which of my family or neighbors are in need than the government, as I live with them and interact with them on a daily basis. All I and others are asking is to allow us to make that decision rather than the government.
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07-26-2008, 08:57 PM | #117 |
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I believe I know how the money I earn is better spent. When I offer to buy a meal for a homeless person, I know that every dime will be spent on that meal for the homeless person and therefore, he gets the full value of my charitable help. At the same time, by offering to buy the homeless person a meal rather than give him money, I can quickly discern if he really is hungry or if all he wants is money for booze.
I can't say the same for government collection of my taxes. It goes wherever the government wants it to go, not necessarily where it needs to go.
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07-27-2008, 12:01 AM | #118 | |
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I think you, and many left wing ideologues, mistake capitalism leaving the market alone. When the government tells you how many kids to have that is bad. When the government provides health insurance to all citizens its expensive and halts innovation. When the government tries to limit the freedom of the press it is bad. When the government lets the free market decides how much goods and services cost its a good thing. And so forth. I think you hear "Marxism" or "Socialism" or "Communism" and you immediately think of the Gulag and lack of production of consumer products in the former Soviet Union. That is no more fair than if someone were to hear "Democracy" or "Free Market" and think of Abu Ghraib or the Dust Bowl or the failure of IndyMac. There is a fair system. Its called capitalism. It lets the invisible hand of the market decide how much goods and services cost. There is no government intervention. And on judgment day, I will feel sorrow for the excess regulation which slowed the growth of the economy. I will feel sorrow for those in my nation left cold and hungry because the government took 30% of my money to pay subsidies to farmers for ethanol and bailed out the mortgage industry because they were stupid with their investments. Extremism on either side causes damage. And it is hard to rally people to the banner of moderation. But to make a blanket statement that central planning doesn't work is right. It would be not true to say free markets don't work.
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07-27-2008, 03:08 AM | #119 | |
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07-27-2008, 03:46 AM | #120 | |
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For markets to function properly, you need 1. Perfect Information 2. No externalities 3. No barriers to entry 4. No transaction costs Which of those hold in the real world, and doesn't need regulation?
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