Comments on: Forbes: How Capitalism Will Save Us

By: dhanyse

dhanyse — Tue, 31 Mar 2009 11:34:48 +0000

i’m not sure wheter this statement is true “The world is flush with cash. It’s frozen because of fear, but the cash is there”
if this statement is true then how could the global financial crisis is exist? as we know that the crisis start with mortgage funds problem which spread widely to entire world..as almost all banks in many countries invest their money in this kind of investment in US..the big question is how could this happened? a commercial paper,or investment instrument which lack of cash guarantee by issuer.. as a result, when the owner of the instrument is withdrawing the money, issuer are lack of cash!

i think, banks should back to its original functions as mediator to those who have more money and then supply the money to those who needed. but in fact in this age, most of banks in many countries investing the money to many instruments such as hedge funds and other stock market instruments which means that they’ve already move from it’s original functions..

By: 1capitalist

1capitalist — Fri, 20 Feb 2009 07:45:59 +0000

Looking past some of the rest, shrinking and re-focusing The Fed, along with re-fixing the value of the dollar in some way are the critical points of this article

By: inuchan

inuchan — Thu, 05 Feb 2009 16:51:37 +0000

“Left to its own devices,” the Free Market would have righted itself as a result of people learning the consequences of actions, both positive consequences for principle-based action, and negative consequences for action that violates principles.

Now that the gov’t has stepped in, banks and other lending institutions have not learned that unprincipled business practices lead to negative consequences, and they’re continuing to act in the same way that had its part in ‘The Crisis’.

At least the following statement was made out of some sort of Abundancy Paradigm: “The world is flush with cash. It’s frozen because of fear, but the cash is there. Productivity gains are burgeoning.”

By: capnregex

capnregex — Mon, 29 Dec 2008 19:42:55 +0000

“Belatedly, but thankfully, governments recognized that the only way to get credit flowing again was for them to make quick and direct massive infusions of new equity into beleaguered banks, as well as commit to other emergency measures hitherto unimaginable.”
…
Ok, red-flags going off all over in my head on that one.. I’m afraid that the author of the Forbes article has no idea what “Capitalism” is, they are therefore, un-qualified to write about it. Harsh? perhaps. My evidence? Their own words.