I find it odd how conservatives can defend capitalism yet speak out against globalism. When Globalism is the evolution of capitalism. The goal of a capitalist is to grow his/her capital as much as possible. So this means making the best investments, regardless of whether these investments are foreign or domestic. And hiring the cheapest labour, which is obviously going to be foreign in our case.
If you place foreign investment restrictions on the economy and restrict hiring of foreign labour, it ceases to be capitalism anymore. If you place these restrictions on the economy, you're going to end up pissing off the wealthy and they are going to pull their capital out of the country and cause capital flight. Which leads to depreciation of the national currency.
What's the main argument you make against socialism? The wealthy is going to pull their capital out of the country and cause capital flight.
The red pill is that we are basically fucked no matter what move we make on the chess board. We have allowed the wealthy elite to consolidate so much capital that if they were to divest from our economy, the number of dollars being dumped on the market would overwhelm the demand for purchasing those dollars. If you place restrictions on foreign investment, the only people who are going to want Canadian Dollars are people who live in Canada. Lower demand + high supply of dollars in circulation = dollar loses value.
I don't agree with the AOC type of crazy like free college, free, free, free, etc. Lockdowns forever, fire up the money printer, etc. The modern left lives in a fantasy land. But you have to acknowledge that globalism is caused by capitalism.
But we don’t live under capitalism, it’s not a free market.
Canada is a command and control economy under the government. Certain corporations get bailouts and subsidies. We have crown corporations and protectionism in many industries that eliminates competition, like in communications companies. We have CANCON that mandates content for television and radio.
We have business lobbies that push for more immigration and TFWs to keep wages low. We have affirmative action hiring that means labour is often not based on supply.
All the major industries in Canada - transportation, energy, media, communications, food, retail...all of them are either monopolies or oligopolies. With almost zero competition. In some cases it’s run by the government entirely and competition is illegal.
Name one country on planet earth that has a "pure" capitalist economy. I'll wait. Take your time. Wealthy people are the most mobile and capital mobile in the fucking world. Why haven't they created Ancapistan? People (including the wealthy) must like government regulation of the economy if Ancapistan hasn't been created yet...
Hong Kong and Singapore come pretty close. But of course no pure capitalist economy exists. But the point isn’t necessarily to find for a pure version of capitalism, but rather to find a system unfettered as much as possible by government intervention.
but rather to find a system unfettered as much as possible by government intervention.
Then stop bitching about globalism. You're advocating for the government preventing Canadians from buying foreign, from foreigners investing in the Canadian economy, from Canadians investing abroad, etc. Are these not government interventions in the economy?
You're making appeals to popularity. Meanwhile you're the ones in this thread whining about globalism destroying the country. Globalism that the people voted for.
To me capitalism is just any form of peaceful voluntary trade.
And then you have the audacity to whine about globalism - which is peaceful voluntary trade such as outsourcing to foreign labour, making foreign investments, foreigners investing in Canadian assets, etc.
Conservatives talk about NPCs but you guys are such fucking NPCs who get all your talking points from Fox News, Rebel Media, YouTube, I swear to God. I'm critical of both liberals and conservatives. Voting is a fucking meme.
Let people decide what they want to spend their money on
You're literally advocating against this by railing against globalism. Globalism involves foreign entities investing in Canadian assets and Canadians investing in foreign entities....
Capitalism is free movement of capital. Free movement of capital is the reason why businesses outsource foreign labour, why foreigners invest in Canadian assets and why Canadians invest in foreign assets. The globalism that you complain about. Capitalism and globalism go hand in hand.
And the same capitalist system that helped you is the same capitalist system that provides the incentives towards the globalism you don't like. Why invest in Canadian corporations when you can get a greater return investing abroad? Why hire Canadian labour when you can hire Pajeet? Greed, the quest for efficiency, CAPITALISM, is leading to the social ills you associate with globalism.
Then stop whining about globalism when capitalism lead to this shit in the first place. You can't go back to 1940s-1970s capitalism where America and Canada were relatively insulated from the rest of the world. The wealthy people you suck off would pull their capital out of North America so fast if you returned to a protectionist economy.
Do you honestly believe greed would disappear in a socialist system ? Are you a child ?
The desire to kill people is also part of human nature. Should we stop enforcing homicide laws? Yes greed is part of human nature. But we can put regulations on the economy to manage the anti-social excesses of greed.
its the UN or other countries telling us what is best for us.
The only reason why we listen to what other countries tell us to do is because they have economic influence on us. Canada is China's bitch because Canada constantly runs trade deficits with China because we no make anything that China want buy and Chinese people own a lot of assets in Canada. Especially real estate.
I find it odd how conservatives can defend capitalism yet speak out against globalism. When Globalism is the evolution of capitalism. The goal of a capitalist is to grow his/her capital as much as possible. So this means making the best investments, regardless of whether these investments are foreign or domestic. And hiring the cheapest labour, which is obviously going to be foreign in our case.
If you place foreign investment restrictions on the economy and restrict hiring of foreign labour, it ceases to be capitalism anymore. If you place these restrictions on the economy, you're going to end up pissing off the wealthy and they are going to pull their capital out of the country and cause capital flight. Which leads to depreciation of the national currency.
What's the main argument you make against socialism? The wealthy is going to pull their capital out of the country and cause capital flight.
The red pill is that we are basically fucked no matter what move we make on the chess board. We have allowed the wealthy elite to consolidate so much capital that if they were to divest from our economy, the number of dollars being dumped on the market would overwhelm the demand for purchasing those dollars. If you place restrictions on foreign investment, the only people who are going to want Canadian Dollars are people who live in Canada. Lower demand + high supply of dollars in circulation = dollar loses value.
I don't agree with the AOC type of crazy like free college, free, free, free, etc. Lockdowns forever, fire up the money printer, etc. The modern left lives in a fantasy land. But you have to acknowledge that globalism is caused by capitalism.
But we don’t live under capitalism, it’s not a free market.
Canada is a command and control economy under the government. Certain corporations get bailouts and subsidies. We have crown corporations and protectionism in many industries that eliminates competition, like in communications companies. We have CANCON that mandates content for television and radio.
We have business lobbies that push for more immigration and TFWs to keep wages low. We have affirmative action hiring that means labour is often not based on supply.
All the major industries in Canada - transportation, energy, media, communications, food, retail...all of them are either monopolies or oligopolies. With almost zero competition. In some cases it’s run by the government entirely and competition is illegal.
Name one country on planet earth that has a "pure" capitalist economy. I'll wait. Take your time. Wealthy people are the most mobile and capital mobile in the fucking world. Why haven't they created Ancapistan? People (including the wealthy) must like government regulation of the economy if Ancapistan hasn't been created yet...
Hong Kong and Singapore come pretty close. But of course no pure capitalist economy exists. But the point isn’t necessarily to find for a pure version of capitalism, but rather to find a system unfettered as much as possible by government intervention.
Then stop bitching about globalism. You're advocating for the government preventing Canadians from buying foreign, from foreigners investing in the Canadian economy, from Canadians investing abroad, etc. Are these not government interventions in the economy?
You're making appeals to popularity. Meanwhile you're the ones in this thread whining about globalism destroying the country. Globalism that the people voted for.
REEEEE!
And then you have the audacity to whine about globalism - which is peaceful voluntary trade such as outsourcing to foreign labour, making foreign investments, foreigners investing in Canadian assets, etc.
Conservatives talk about NPCs but you guys are such fucking NPCs who get all your talking points from Fox News, Rebel Media, YouTube, I swear to God. I'm critical of both liberals and conservatives. Voting is a fucking meme.
You're literally advocating against this by railing against globalism. Globalism involves foreign entities investing in Canadian assets and Canadians investing in foreign entities....
Capitalism is free movement of capital. Free movement of capital is the reason why businesses outsource foreign labour, why foreigners invest in Canadian assets and why Canadians invest in foreign assets. The globalism that you complain about. Capitalism and globalism go hand in hand.
And the same capitalist system that helped you is the same capitalist system that provides the incentives towards the globalism you don't like. Why invest in Canadian corporations when you can get a greater return investing abroad? Why hire Canadian labour when you can hire Pajeet? Greed, the quest for efficiency, CAPITALISM, is leading to the social ills you associate with globalism.
Ok lets have one of the other systems then because feudalism, communism, socialism, facism etc all worked so great.
Get your head straight.
Then stop whining about globalism when capitalism lead to this shit in the first place. You can't go back to 1940s-1970s capitalism where America and Canada were relatively insulated from the rest of the world. The wealthy people you suck off would pull their capital out of North America so fast if you returned to a protectionist economy.
The desire to kill people is also part of human nature. Should we stop enforcing homicide laws? Yes greed is part of human nature. But we can put regulations on the economy to manage the anti-social excesses of greed.
Le human nature.
The desire to kill people is also part of human nature. Let's stop enforcing homicide laws then?
What in the blue hell is a "Xir"?
The only reason why we listen to what other countries tell us to do is because they have economic influence on us. Canada is China's bitch because Canada constantly runs trade deficits with China because we no make anything that China want buy and Chinese people own a lot of assets in Canada. Especially real estate.