\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

can someone high IQ explain to me the difference between GC and capitalism

...
cracking yapping affirmative action
  07/18/18
Before the advent of globalization, corporations practiced &...
Excitant Effete Piazza
  07/18/18
sounds like "stakeholder capitalism" is really jus...
cracking yapping affirmative action
  07/18/18
think people here attribute some kind of agency to gc, like ...
blue chapel
  07/18/18
'capitalism' is like victorian businessmen in tophats and mo...
ruby yarmulke
  07/18/18
...
blue chapel
  07/18/18
...
cracking yapping affirmative action
  07/18/18
GC is capitalism with the birth of consciousness, so basical...
Amethyst pisswyrm church
  07/18/18
...
Henna Misunderstood Theater Stage
  07/18/18
We haven't had entrepreneurial capitalism since the Great De...
French meetinghouse
  07/18/18


Poast new message in this thread



Reply Favorite

Date: July 18th, 2018 8:49 PM
Author: cracking yapping affirmative action



(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455659)



Reply Favorite

Date: July 18th, 2018 8:52 PM
Author: Excitant Effete Piazza

Before the advent of globalization, corporations practiced "stakeholder capitalism", in which the company had responsibility not just to shareholders, but also the employees and the community

With the advent of NAFTA / WTO liberalization this tacit responsibility was essentially ignored in favor of solely improving the lot of shareholders.

Profit maximization. Tax minimization. Regulatory arbitrage. Wage arbitrage. That's the name of the game now.

These corporations grew exponentially using these tactics and then co-opted the government/regulatory (and increasingly the liberal "religious") apparatus in the country. Google and Obama were basically married at the hip. You think Google (who is a monopoly of the highest order) would ever get smacked down a-la Microsoft in the 90s?



(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455676)



Reply Favorite

Date: July 18th, 2018 8:54 PM
Author: cracking yapping affirmative action

sounds like "stakeholder capitalism" is really just corporatism

(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455693)



Reply Favorite

Date: July 18th, 2018 8:53 PM
Author: blue chapel

think people here attribute some kind of agency to gc, like it’s deliberately trying to destroy them. it also conveniently allows self-proclaimed conservatives to bitch about their perceived lack of material wealth without technically blaspheming against the idea of “regular” capitalism.

(Not high iq)

(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455682)



Reply Favorite

Date: July 18th, 2018 8:54 PM
Author: ruby yarmulke

'capitalism' is like victorian businessmen in tophats and monocles

GC is the computerized voice from 2001 going 'heh'.

(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455690)



Reply Favorite

Date: July 18th, 2018 8:54 PM
Author: blue chapel



(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455694)



Reply Favorite

Date: July 18th, 2018 8:55 PM
Author: cracking yapping affirmative action



(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455699)



Reply Favorite

Date: July 18th, 2018 8:55 PM
Author: Amethyst pisswyrm church

GC is capitalism with the birth of consciousness, so basically unbeatable in Hegelian dialectical terms

(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455698)



Reply Favorite

Date: July 18th, 2018 8:56 PM
Author: Henna Misunderstood Theater Stage



(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455714)



Reply Favorite

Date: July 18th, 2018 8:57 PM
Author: French meetinghouse

We haven't had entrepreneurial capitalism since the Great Depression. That was succeeded by managerial capitalism.

Basically capitalism culminates in Pareto optimal monopolies. Whether those monopolies continue to be Pareto optimal is mostly a political question.

So I don't see a difference between the evolution of capitalism and global capitalism.

The better fault line to fight from is whether solving the scarcity problem is the be all end all. Personally I'm willing to pay extra to live in a country that reflects my values, given that I only need like 25% of my income to cover necessities.

(http://www.autoadmit.com/thread.php?thread_id=4029713&forum_id=2#36455720)