Comments by "gwho" (@gwho) on "Bill Gates Discusses How To Fix Capitalism | TIME" video.

  1. i like that idea too. but really, are we really going to be able to make everythning super plentiful? what about commodities taht aren't? how will we trade for that? a medium of exchange is still needed. now that medium ca nbe exploited or prented even if we had a resource based economy, a portion of it could still be mandated to be given to gov and soc vs cap still has not been settled.
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  2. here is how to fix capitalism. weed out socialism/communism and go back to pure capitalism.
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  3. resource based economy (i.e. abundant supply economy) can be achieved via capitalism by not preventing or stiffling competition and access to the market. no high taxes, no income tax, no complicated laws, permits (since whne did we get the right to buy and sell from the gov? i thought they were inherent) buy stuff, sell stuff. any time, any where, on your own terms with your customer without the govenrment interfereing. oh wait, we don't care about freedom here in america anymore
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  4. income taxes, government protected gigantobusinesses are all results of socialism and communism.
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  5. WE DON:T HAVE CAPITALISM TODAY! REALIZE this. If we attribute the problems caused by socialism to capitlaism, then we end up calling for more socialism, and down the viscious cycle. more taxes please, more inefficient services, more control, more temptation of embezlement, more millions and billions slipped under the books.. more bailouts. more stealing from one and giving to another. GET REAL.
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  6. you need to break the association of capitlaiasm equaling anarchy and lawlesseness. wrong it's not pure capitlaism. in the beginning of america we had capitliasm and we abided by the constitution. that prevented socilaism and systematic growth of gigantobusinesses with exclusive benefits.
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