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Capitalism 101


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Capitalism 101 #16 (permalink) Thu Jan 17, 2008 13:30 pm   Capitalism 101
 

lost_soul wrote:
In a few words, he's been embezzling a big part of Russia natural resources. He DID NOT inherit anything, that SoaB.

What happened to Khodorovsky?

I once read in a newspaper that, "The unavoidable first step between communism and capitalism is kleptocracy."
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Capitalism 101 #17 (permalink) Thu Jan 17, 2008 13:37 pm   Capitalism 101
 

Jamie (K) wrote:
What happened to Khodorovsky?

He's been doing a big (like 9 years or so) sentence in prison, away from his beloved wife who's been mourning over that. Smile
Actually, he's a scapegoat - they just tried to calm down the common people, kinda showed them that there's some justice left in the country.

Jamie (K) wrote:
I once read in a newspaper that, "The unavoidable first step between communism and capitalism is kleptocracy."

Maybe there's a grain of truth in this statement.
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Capitalism 101 #18 (permalink) Fri Jan 18, 2008 0:24 am   Capitalism 101
 

it makes sense -- when you've had little freedom to own things for 75ish years ( or your entire life), when the flame of freedom first shines, one may be wont to snatch up what he can get his hands on.
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Capitalism 101 #19 (permalink) Fri Jan 18, 2008 14:57 pm   Capitalism 101
 

lost_soul wrote:
Inherited? Are you sure you're up on what has been going on in Russia?

No, not really. I'm more interested in the Premier League.
lost_soul wrote:
In a few words, he's been embezzling a big part of Russia natural resources. He DID NOT inherit anything, that SoaB.

Also true, my memory betrayed me here. What I had read on www.managementtoday.co.uk/ was that "Abramovich and his partner [Berezovsky] inherited, among other things, five collective farms employing 1,500 people, a brick factory, a clothing manufacturer and a publishing house. There were also 200,000 square metres of apartment space, 100km of roads, sports facilities, childcare facilities and a hotel."

In the end they ended up getting their hands on Siberia's oil industry by bribing Yeltsin, n'est pas?

Looks like Berezovsky was the actual Beelzebub, a right piece of work. Apparently Abramovich 'only' took advantage of B's situation when he got him off the hook by buying him out for a paltry sum.
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Capitalism 101 #20 (permalink) Fri Jan 18, 2008 15:01 pm   Capitalism 101
 

Jamie (K) wrote:
And he controls the world?! Shocked Sounds a bit implausible to me. Where's King Abdullah in your theory? Or Hugo Chavez? Besides, I thought "the Americans" controlled the world under our "feeble-minded" president who "has his finger on the button". But then, he is controlled by "The Jews", so I guess they control the world.

All of your statements seem quite reasonable. But since the Jews killed Christ I can't help but feel deeply indebted to them.
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Capitalism 101 #21 (permalink) Fri Jan 18, 2008 16:51 pm   Capitalism 101
 

SATANIST!

Wink
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Capitalism 101 #22 (permalink) Sat Jan 19, 2008 1:14 am   Capitalism 101
 

Ralf wrote:
Jamie (K) wrote:
And he controls the world?! Shocked Sounds a bit implausible to me. Where's King Abdullah in your theory? Or Hugo Chavez? Besides, I thought "the Americans" controlled the world under our "feeble-minded" president who "has his finger on the button". But then, he is controlled by "The Jews", so I guess they control the world.

All of your statements seem quite reasonable. But since the Jews killed Christ I can't help but feel deeply indebted to them.

Well, Jesus died a long time ago, so I doubt it was any of the same people.
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Capitalism 101 #23 (permalink) Tue Jan 22, 2008 15:05 pm   Capitalism 101
 

Torsten wrote:
But then again, why not privatize everything, even the government itself?

How does one privatize a government? Did you mean by turning several government run services like the post office into a private one? Or did you mean turning the whole country into a company? Aren't we already doing that, in its own complicated way? What about welfare? Can we depend solely on donations and charities?
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Capitalism 101 #24 (permalink) Wed Jan 23, 2008 3:49 am   Capitalism 101
 

NinaZara wrote:
Torsten wrote:
But then again, why not privatize everything, even the government itself?

How does one privatize a government? Did you mean by turning several government run services like the post office into a private one? Or did you mean turning the whole country into a company? Aren't we already doing that, in its own complicated way? What about welfare? Can we depend solely on donations and charities?

Some of the original North American colonies were run by companies, so basically they were little countries run as private companies. Weirdly enough, those for-profit companies set the colonies up as socialist cooperatives, where everything was divided up equally. Production and harvests were low, and a lot of people starved to death. Finally, one company sent someone over to find out what was causing the problem, and he pointed out that the socialism had ensured that no one had any incentive to work hard. He divided the colony's lands into private parcels and put a reasonable tax on their production. Very quickly, people stopped being lazy, and the colony prospered beyond anyone's expectations.
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Capitalism 101 #25 (permalink) Wed Jan 23, 2008 16:01 pm   Capitalism 101
 

So what you are saying basically is that they were not real companies. So it is impossible to turn countries into companies. (Please be patient with me here, friend)
NinaZara
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Capitalism 101 #26 (permalink) Wed Jan 23, 2008 17:02 pm   Capitalism 101
 

NinaZara wrote:
So what you are saying basically is that they were not real companies. So it is impossible to turn countries into companies. (Please be patient with me here, friend)

Those colonies that operated that way (such as in Virginia) were branches of real, shareholder-held companies, but for some reason the companies chose to govern the colonies by an egalitarian communistic system.

Their history doesn't prove that you can't turn countries into companies; it merely proves that communism doesn't work. This was proven centuries before Russian became a Marxist country, but they tried it anyway.
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