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American Capital Agency Corp. Message Board

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  • yourbestfriendintheworld yourbestfriendintheworld Nov 26, 2012 5:34 PM Flag

    Why does the Left invest???


    1. Reductio ad Absurdum. Capitalism is not evil. Unregulated capitalism is evil.

    2. Same type of fallacy. Corporations can be and often are evil when they forget that their customers, employees, neighbors, and shareholders, but not they, are human.

    3. Simple confusion. You're mistaking capitalism=crowd-funding of corporations for capitalism=ownership of production. Of course, the people running the corporate hegemony want you to confuse the two, so you will justify their behavior in order to avoid indicting yourself, even though you're not responsible for the evil, they're just using your money to keep them in power to commit it.

    4. True but incomplete. What's omitted is your presumption that a "leftist" investor would think that unearned income is prima facie bad. And your presumption is false. The "leftist" investor would only think that taxing unworked-for income less than worked-for income is bad. And it is.

    5. Fallacy of the excluded middle. Profit is not evil, putting profit before people is evil, and putting people before profit is altruism. To believe these are the only two possibilities is the fallacious part. There's plenty of room to profit without doing evil things to people.

    And your summary statement is just hyperbole.

    So tell me, why is it you're so wrong about something your tone indicates you feel you're so right about? Is it because you feel so dirty funding capitalism, when it doesn't have to be dirty, as long as you decide not to do it in a dirty way?

    This topic is deleted.
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