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Author Topic: Does the United States have a just economic system?  (Read 2148 times)

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Offline polypsyguy

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Does the United States have a just economic system?
« on: November 16, 2011, 11:55:52 AM »
Hi there,

First off I want to apologize for putting this in the politics forums if it fits more in economics, I'd like the question to have as much exposure to it as possible and it really bridges the economic and political spectrum.

I'm conducting a poll on this topic for a school project and asking this question on a number of different websites.  I'd love to hear your opinion.

If the question feels rather limited or over-simplified, that is because it is intended to be.  I do not want to bias your answer by detailing a more specific situation. 

Thanks for your time!
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Offline Toastedturningtidelegs

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Re: Does the United States have a just economic system?
« Reply #1 on: November 16, 2011, 12:08:35 PM »
Quote from: polypsyguy on November 16, 2011, 11:55:52 AM
Hi there,

First off I want to apologize for putting this in the politics forums if it fits more in economics, I'd like the question to have as much exposure to it as possible and it really bridges the economic and political spectrum.

I'm conducting a poll on this topic for a school project and asking this question on a number of different websites.  I'd love to hear your opinion.

If the question feels rather limited or over-simplified, that is because it is intended to be.  I do not want to bias your answer by detailing a more specific situation. 

Thanks for your time!
polypsyguy? Why do i think this is a loaded question? :lmao:
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Offline Wineslob

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Re: Does the United States have a just economic system?
« Reply #2 on: November 16, 2011, 12:19:54 PM »
Quote from: Toastedturningtidelegs on November 16, 2011, 12:08:35 PM
polypsyguy? Why do i think this is a loaded question? :lmao:

Na, never. 
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Offline DumbAss Tanker

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Re: Does the United States have a just economic system?
« Reply #3 on: November 16, 2011, 01:16:16 PM »
The question confuses economics with politics.  "Justice," "Social Justice," "Economic Justice," etc. are political constructs which have nothing to do with fundamental economics.
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Offline marv

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Re: Does the United States have a just economic system?
« Reply #4 on: November 16, 2011, 01:31:10 PM »
Coincidentally, William A. Jacobson, Associate Clinical Professor at Cornell Law School posted this earlier in his Legal-Insurrection blog...
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(snip)

... “Milton [...] was methodically demonstrating how market-oriented thought was more humane than any charity — not to mention welfare.”

(snip)

The funny line that contradicted my understanding led me to purchase Capitalism and Freedom, which was the beginning of my acquaintance with the Friedman canon and my abandonment of most political wisdoms. I had not thought to question the conventions put before me until I read Friedman’s arguments against things like licensure and the public school system. To resolve government disfunction, Friedman advocated a third path; a marketplace. (Or, as Friedman wrote, “A major source of objection to a free economy is precisely that it … gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.”)

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Milton Friedman led me to think about politics in terms of human freedom and subjective values, as opposed to a two-party dichotomy. I’m happy to celebrate his life and my liberation today.
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Offline Freeper

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Re: Does the United States have a just economic system?
« Reply #5 on: November 16, 2011, 05:56:18 PM »
I voted, yes. However that doesn't mean the system always works like it is supposed to. Things like the government sticking their noses where it doesn't belong, and some shady business people do muck it up from time to time. The system doesn't need to be fundamentally changed, all that is needed is the government to allow businesses to succeed or fail, and enforce the laws already on the books when the shady people break the law.

 
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Offline Mr Mannn

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Re: Does the United States have a just economic system?
« Reply #6 on: November 16, 2011, 06:24:40 PM »
Capitalism is the life blood of freedom.

If you want justice, elect legislators to make a law.

Forcing people into a socialist/communist economy will just make people like me revolt and kill the leaders. Then you're back to capitalism again.
best bet: don't change economics based on a some perceived idea of justice. Keep the two separate.
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Offline Duke Nukum

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Re: Does the United States have a just economic system?
« Reply #7 on: November 16, 2011, 08:50:43 PM »
What is more just than earning what one is capable of earning? And, if one is not happy in one's current position, one may choose to create a niche for one's self.

The injustice comes in when the government gets involved.

Considering
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Offline MrsSmith

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Re: Does the United States have a just economic system?
« Reply #8 on: November 17, 2011, 06:15:07 AM »
Yes, for the most part. We are free to work as we choose, can switch employers or start our own businesses as we choose, can save or spend as we choose.  The only problems with our system is the government intervention, regulation and taxation that burdens small businesses and limits the ability to make choices.  Some regulation is required, of course, but not the overwhelming red tape our government has created.

Oh, and my signature says it better...
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Offline NHSparky

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Re: Does the United States have a just economic system?
« Reply #9 on: November 17, 2011, 07:46:58 AM »
I'd personally be interested to see the course synopsis for the class our noob is taking to see what kind of "expected" response he has to make.
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Offline Rebel

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Re: Does the United States have a just economic system?
« Reply #10 on: November 17, 2011, 10:17:57 AM »
Yes. The way it's being used by politicians? No. There isn't that much damn difference between Fascism, as an economic model, and Crony Capitalism, and Obama is the biggest damn Crony Capitalist out there.
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Offline Rugnuts

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Re: Does the United States have a just economic system?
« Reply #11 on: November 17, 2011, 10:21:54 AM »
yes.
but just like with everything else, the govt ****s up everything it gets it's hands on.
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Offline Erasmus

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Re: Does the United States have a just economic system?
« Reply #12 on: November 17, 2011, 01:58:18 PM »
I voted "no", but I think we used to have one.  Liberals have pretty much saddled the middle class with all of the bills.
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