Author Topic: Unbelievable!  (Read 3014 times)

Spekulatius

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Re: Unbelievable!
« Reply #20 on: March 14, 2019, 03:24:27 PM »
Crony/corrupt capitalism is not capitalism.

In crony/corrupt capitalism, at a certain amount of wealth whole families can remove themselves from the constraints of capitalism.  This is one of the reasons why reducing inequality is imperative to the capitalistic system, otherwise, it gets slowly eaten from the inside.

BTW, here's a recent talk by Greenblatt about Charter schools.

https://www.youtube.com/watch?v=hLOy5oXUkok

Sure, but these people aren't billionaires.  If you want to tax "the rich" so much that there is no one left who could afford to pay a bribe, you would also destroy capitalism.  The problem isn't that some people have more money than others, the problem is that some accept bribes.  Taking all money in excess of that needed to survive (so that there is nothing left to pay a bribe with) is the same reasoning behind banning guns/knives because it gives you the ability to shoot/stab someone.  The problem isn't owning excess money in the bank or having knives in your kitchen, the problem is people who use those things inappropriately.

Bribery has nothing to dowith capitalism, or any other economic system for that matter. Bribery existed in communist states, religious/Islamic states and particular in any economically depressed economy. It’s more of a cultural issue and in some cultures, it is more acceptable than in others. It looks like in the US, it is more accepted than I thought.
« Last Edit: April 04, 2019, 07:33:03 PM by Spekulatius »
To be a realist, one has to believe in miracles.


Gregmal

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Re: Unbelievable!
« Reply #21 on: March 29, 2019, 08:06:41 PM »
Whats really amazing is the farcical bails these clowns requested for those involved in this "scheme". This is a case of corruption, but none of these folks are violent, flight risks, or even possess criminal records. To put into perspective, Laurie Loughlins bail was
$1M USD. John Wetteland's bail for sexually abusing a 4 year old was $25,000...

Spekulatius

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Re: Unbelievable!
« Reply #22 on: April 04, 2019, 07:34:49 PM »
Whats really amazing is the farcical bails these clowns requested for those involved in this "scheme". This is a case of corruption, but none of these folks are violent, flight risks, or even possess criminal records. To put into perspective, Laurie Loughlins bail was
$1M USD. John Wetteland's bail for sexually abusing a 4 year old was $25,000...

Well, maybe Wettelands bail was too low rather then the college admission frauds bail too high. I think this thing runs way deeper than what has been unearthed so far:
https://www.bostonglobe.com/metro/2019/04/04/bought-fencing-coach-house-then-his-son-got-into-harvard/EIWVMIxUFQ1XweY1xfB1GK/story.html
To be a realist, one has to believe in miracles.