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Forum Post: Private Enterprise = Absolute Power.

Posted 5 years ago on July 15, 2012, 10:39 p.m. EST by FriendlyObserverB (1871)
This content is user submitted and not an official statement

Private enterprise is all that is left of the giant empires .. they have all fallen.. ....all but 'private enterprise' .. and it too will .. fall..

Absolute power belongs in the hands of the collective. ..In the hands of everyone... not in the private hands of an individual.



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[-] 2 points by FriendlyObserverB (1871) 5 years ago

We may live in a democracy , but most of us work for an "absolute ruler"

[-] 1 points by struggleforfreedom80 (6584) 5 years ago

We must fight this capitalist corporate tyranny and work for workers' self management.

Occupy your Workplace!


[-] 1 points by know1 (210) 5 years ago

In what ways would what you're advocating be different from china or the soviets

Just trying to understand what your saying

would u get to pick your job

[-] 1 points by FriendlyObserverB (1871) 5 years ago

In what way would it be the same !

Do Russia or China have unlimited currency ?

[-] 1 points by FriendlyObserverB (1871) 5 years ago

An owner of a business has absolute power over all business decisions.. including redistribution of the profits ..

[-] 0 points by SteveKJR (-497) 5 years ago

Did you know at this present time that governments have invested in the stock market around 33 trillion - the rest belongs to either the business sector or the private individuals. .

[-] 1 points by FriendlyObserverB (1871) 5 years ago

The money system is really just a game with numbers..

33 trillion invested, there hasn't even been 33 trillion printed ! This is a clear exmple of how reinvesting profits can be a bad thing.. more money is invested , than actually exists

[-] 1 points by DKAtoday (33475) from Coon Rapids, MN 5 years ago

Smoke and mirrors and fraud.

[-] 1 points by FriendlyObserverB (1871) 5 years ago

..and it's all legal !

[-] 1 points by DKAtoday (33475) from Coon Rapids, MN 5 years ago

So far only the 1st two the fraud is being ignored.

[-] 1 points by FriendlyObserverB (1871) 5 years ago

it takes a keen eye ..the concept being one that is difficult to explain , let alone prove. Finding ways to gain wealth is deliberate and intentional .. even if they hide behind their obligations towards their client investors.. either way, reinvesting profits is simply compounding debt.. with each cycle of reinvestment.. the leverage on debt is greatened ..

If I borrow one dollar from you and you earn it back , and than I reborrow it and you earn it back .. and so on and so on .. soon I will owe you one hundred dollars , but there will only be one dollar in circulation .. and with each dollar I owe you there will be interest .. even at one percent.. multiplied a hundred times .. the interest on the hundred I owe you will be equal to the dollar in circulation .. what do we do next ? I will no longer have a dollar to rehire you ? ..

With the proposal of printing currency and expiring when spent .. we are never in debt and can go on indefinitly..

The current system is failed from conception.. it's only a matter of time. The new proposal by comparison is the complete opposite. ..and yet we hesitate..

[-] 1 points by DKAtoday (33475) from Coon Rapids, MN 5 years ago

I believe I see where you are going with your analogy - only it is actually a bit different.

Someone borrows a dollar from me - I already know that it is unlikely that this person will pay me back - but I sell you the guys iou and assure you that it is a solid deal. The iou was for 1.10 and I sold it to you for 1.05 - I got my dollar and made .05 over - now you are expecting to get a return of 1.10 a profit of .05 only I know you will likely never see a penny.

Thing is it wasn't one guy that borrowed money "expected" never to be returned it was thousands of guys and their expected failure to pay was passed on with a AAA rating.

[-] 1 points by FriendlyObserverB (1871) 5 years ago

okay .. looking at tthe edited version..

with this last part.. it looks as though the banks .. coerced home buyers to borrow money they really shouldn't have .. and than the same bank falsly misled mortgage buyers .. with a trile A rating.. intentions are hard to prove .. especially when the future is so uncertain .. times were good the economy was booming .. there was a 'fever ' in the air .. the big companies were reporting record breaking profits .. how could anyone lose! but there were far away voices that tried to warn an upcoming doom .. crashing of the bubble .. but the celebration went on , and no one wanted to speak of doom' .. I was fortunate .. literally unaffected by all of it.. teprofession I was in slowed a bit .. but after the boom , I enjoyed the slow down .. I feel for those who were put out on the streets .. and I see a tremendous effort by the current and previous government to try to set things right.. even with unemployment payment extensions .. ..although the bail outs .. may have lined a few pockets .. and the bonuses that continued were a shot in the belt .. .. we must stay the course .. changes will come.there are plenty of good people and I have faith in most of them.

[-] 1 points by DKAtoday (33475) from Coon Rapids, MN 5 years ago

Well it is true that all is not lost - Yet.

There is an awful lot of work to be done and many politicians to be replaced before we will be able to really get busy.

[-] 1 points by FriendlyObserverB (1871) 5 years ago

just let me know where I may stand .. so as to not be anyones way ..!

[-] 1 points by DKAtoday (33475) from Coon Rapids, MN 5 years ago

Funny - I don't think you need direction. Looks to me like you are doing just fine. Now if only we could get the fence sitters the reluctant and the oblivious moving along - we would be in very good shape.

[-] 1 points by FriendlyObserverB (1871) 5 years ago

That gives me an idea !

[-] 1 points by DKAtoday (33475) from Coon Rapids, MN 5 years ago


[-] 1 points by FriendlyObserverB (1871) 5 years ago

I have yet to see a good scenario of the current system.. even when the capitalist points to the billionaires , and says" see how great capitalism is!" .. you need to step back and also look at the millions being povertised for that one billionaire to exist.. Capitalism .. great isn't it :-/

[-] 1 points by hchc (3297) from Tampa, FL 5 years ago

The problem here is not the system, it is the culture. Its a cultural problem.

You could take all the people in sweden and put them in this system and everything would be fine. You could switch some Americans and replace the swedes, and sweden would turn into a total mess.

[-] 1 points by DKAtoday (33475) from Coon Rapids, MN 5 years ago

It truly sucks when it is unregulated and allowed to run wild and worse to break laws and not be held accountable while running wild.

( I edited my last comment a little probably just prior to your reply )

[-] 1 points by FriendlyObserverB (1871) 5 years ago

ps. so did I .. I went fom money owed to money invested .. owed just didn't square with my intent

[-] 0 points by JPB950 (2254) 5 years ago

How can the people in the collective be made to care and kept engaged in their own government? No matter what system of government is developed an oligarchy will grow out of it when the majority slip into apathy.

[-] 3 points by FriendlyObserverB (1871) 5 years ago

Very easily .. when we all have a stake in the profits we will be more diligent in the process.. the media especially will be all over production activity .. simply put the more efficient and prosperous we run the system .. the easier lives we will have ..

currently as individual enterprise , we are not concerned with overall progress .. only our own .. but as a collective .. we will be concerned with overall progress ..

hope that helps

[-] 1 points by JPB950 (2254) 5 years ago

I've been wrong on many things before so who knows. I see it as a beautiful dream, but I don't believe people are capable placing a collective over self. I don't see people as having that level of altruism.

A collective, any form of socialist organization of people, will not be advanced just because it's the right thing to do. Only when a large majority are living in abject misery. If you can't get change through the current system then you need a total collapse, something that removes all other options for people.

[-] 1 points by FriendlyObserverB (1871) 5 years ago

.. capitalism is all about making wealth off of the collective and hoarding the profits .. where as in a collective , we would all reap the benefits of profits.. and thus incentive to perform well is greatly increased.

[-] 1 points by JPB950 (2254) 5 years ago

I believe it's great in theory, in practice if it depends on the altruistic nature of people, it could very well fail. Few perform well to benefit the group. There is also a tendency for all life to get the maximum benefit for the least amount of effort.

[-] 1 points by FriendlyObserverB (1871) 5 years ago

I really don't think it would be altruism .. but the simple fact that as a collective ,the individual is still thinking of his own gain.. and by ensuring everyone is performing efficiently his own gain will be increased... that might be a little hard to grasp ..from your angle ..