SuzukiSavage.com - Conservatives: which is more important?

LostArtist Ex Member	Conservatives: which is more important? 03/24/19 at 05:00:01 Democracy or Capitalism
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WebsterMark Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 13177 Gender:	Re: Conservatives: which is more important? Reply #1 - 03/24/19 at 15:41:15 Good question. First step in answering is another question: can you have one without the other?
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Eegore Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 8401	Re: Conservatives: which is more important? Reply #2 - 03/24/19 at 17:26:33 Are non-Conservatism opinions allowed in this thread?
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WebsterMark Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 13177 Gender:	Re: Conservatives: which is more important? Reply #3 - 03/24/19 at 17:49:28 Are you admitting you're a self-described liberal?
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Eegore Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 8401	Re: Conservatives: which is more important? Reply #4 - 03/24/19 at 17:50:36 "Are you admitting you're a self-described liberal?" No.
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T And T Garage Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 9839	Re: Conservatives: which is more important? Reply #5 - 03/24/19 at 17:55:21 WebsterMark wrote on 03/24/19 at 17:49:28: Are you admitting you're a self-described liberal? So what if he is?
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oldNslow

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Re: Conservatives: which is more important?
Reply #6 - 03/24/19 at 18:34:36

WebsterMark wrote on 03/24/19 at 15:41:15:

Good question.
First step in answering is another question: can you have one without the other?

Yes. It is entirely possible to have a capitalist economy without democracy. Example, China.

It is also possible to have democracy without capitalism. Just convince a majority of the people to vote for a socialist economy. That won't be sustainable for very long but it can work for a while. Example, Venezuela

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WebsterMark Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 13177 Gender:	Re: Conservatives: which is more important? Reply #7 - 03/24/19 at 20:00:33 T And T Garage wrote on 03/24/19 at 17:55:21: WebsterMark wrote on 03/24/19 at 17:49:28: Are you admitting you're a self-described liberal? So what if he is? No one asked you.
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WebsterMark

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Re: Conservatives: which is more important?
Reply #8 - 03/24/19 at 20:02:09

oldNslow wrote on 03/24/19 at 18:34:36:

WebsterMark wrote on 03/24/19 at 15:41:15:

Good question.
First step in answering is another question: can you have one without the other?

Yes. It is entirely possible to have a capitalist economy without democracy. Example, China.

It is also possible to have democracy without capitalism. Just convince a majority of the people to vote for a socialist economy. That won't be sustainable for very long but it can work for a while. Example, Venezuela

A key element of capitalism is a level of freedom that doesn't exist in China does it?

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oldNslow

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Re: Conservatives: which is more important?
Reply #9 - 03/25/19 at 06:38:49

Quote:

A key element of capitalism is a level of freedom that doesn't exist in China does it?

China's is a totalitarian regime for sure. But the rulers have recognized that the way to have the robust economy that they need to be a major player on the world stage is a capitalist economic system. They have taken a very hands off approach to private investment,entrepreneurship, private business development, and trade. The regime understands that that is what generates wealth. It's possible for a private citizen in China to become very wealthy, and to keep a significant portion of that wealth. That looks like capitalism to me.

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Eegore

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Re: Conservatives: which is more important?
Reply #10 - 03/25/19 at 07:16:54

Since there seems to be no requirement that only "Conservatives" provide input I am going to say I agree with oldnslow regarding his assessment of Chinese economy and associated structure of government.

Chine realized that, for them, the US/European economical structure would be better.

As for the question posted in the original post, I am assuming it pertains to the US economy and not globally as the variables are too extensive and fluid to create a global average and educated opinion.

I do not know and as such can not create an opinion on what "important" refers to as both Capitalism and Democracy have varying degrees of importance in relation to subject discussed.

For the US I believe, at this time, Capitalism is of more importance due to the extremely large debt cycle the US economy is in.

This assumes that since Capitalism isn't a structure of governance, and Democracy isn't a structure of economy one does not preclude the other. So given both are present Capitalism, at this time, is of more importance specifically to creating a recovering economical horizon that could be sustainable.

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WebsterMark Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 13177 Gender:	Re: Conservatives: which is more important? Reply #11 - 03/25/19 at 07:23:43 To a degree, but fair point. Ok, for the sake of argument, let's assume you can have capitalism without democracy. can you have the reverse? examples other than Venezuela ?
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Re: Conservatives: which is more important?
Reply #12 - 03/25/19 at 07:44:07

To be clear Capitalism, in my opinion, includes a political component but not Democracy as a requirement.

A number of African states technically operate under Non-Capitalist economic structure while maintaining non-Democratic, typically Authoritarian government structure. Most of the local economies run off of local structured pricing, they can't own their product and set their own pricing, key components to Capitalism.

I utilize EIU World Democracy Index parameters among 9 others to calculate my definition of Democratic governance and Capitalism. Three primary and easy to use resources follow:

http://www.eiu.com/topic/democracy-index

https://www.heritage.org/index/

https://www.fraserinstitute.org/studies/economic-freedom-of-the-world-2018-an...

You can use this tool to graph your own data:

https://www.heritage.org/index/visualize

One can compare Capitalist rating with Democratic rating and find a number of countries technically operating as a Non-Capitalist economy with at most a "flawed" Democracy.

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T And T Garage Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 9839	Re: Conservatives: which is more important? Reply #13 - 03/25/19 at 07:45:59 WebsterMark wrote on 03/24/19 at 20:00:33: T And T Garage wrote on 03/24/19 at 17:55:21: WebsterMark wrote on 03/24/19 at 17:49:28: Are you admitting you're a self-described liberal? So what if he is? No one asked you. Touchy, aren't you?
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WebsterMark Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 13177 Gender:	Re: Conservatives: which is more important? Reply #14 - 03/25/19 at 07:54:49 Not at all, its just this has the potential to be an interesting discussion and you'll ruin it.
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