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Debate Info

41
27
No Crony capitalism doesn't work
Debate Score:68
Arguments:57
Total Votes:93
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Argument Ratio

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 No (14)
 
 Crony capitalism doesn't work (17)

Debate Creator

excon(8591) pic



If you graduate with a boatload of debt and no job prospects, does capitalism work for you

Hello:

When the government passes laws that makes their friends in the banking industry RICH, it's NOT capitalism.  It's CRONY capitalism, which is WORSE than socialism.

excon

No

Side Score: 41
VS.

Crony capitalism doesn't work

Side Score: 27
0 points

Thank you for this loan.

8^)

Side: No
-1 points

I can't argue that crony capitalism doesn't work because countries who practice it have increasing living standards, wages, growing economies etc etc.

Clearly it's unfair and it would be best to get the government out of the way, however it is by far a better option than socialism. Pretty much every option out there is better than socialism. Possibly even fascism is better than socialism, but maybe not for me as I'm an ethnic.

Side: No
-1 points

If you graduate with a boatload of debt and no prospects, capitalism is working fine. Capitalism isn’t broken just because you’ve made a bad investment.

This is, however, a separate matter from crony capitalism, which is merely another example of government meddling in an otherwise free market. The proper response is not to call for more government meddling.

Side: No
johnnybad1 Disputed
1 point

If you graduate with a boatload of debt and no prospects, capitalism is working fine.

No, it obviously isn't, you blathering nincompoop. It is working the opposite of "fine".

Capitalism isn’t broken just because you’ve made a bad investment.

What an utterly atrocious distortion of the facts. No mention at all about why you may have made this "bad investment", which is obviously because society has convinced you it is a "good investment". What you are Amarel is a thief. You think it is perfectly OK to rob someone and then deny all responsibility on the grounds that the someone you robbed made a "bad investment" in terms of which street they decided to walk down or who they decided to trust. When society fucks you in the ass, then no, it is not your fault for having a nice looking ass.

Side: Crony capitalism doesn't work
6 points

What an utterly atrocious distortion of the facts. No mention at all about why you may have made this "bad investment", which is obviously because society has convinced you it is a "good investment".

You mean your Marxist professors living on the government dole convinced you.

Side: No
5 points

If you graduate with a boatload of debt and no job prospects, does capitalism work for you

1)Don't get a boatload of debt in a field with no job prospects.

2)Want free college? Here it is.

https://evolutionseriestshirts.files.wordpress.com/2013/12/u-s-army-tshirt.jpg?w=305&h=260

Side: No
5 points

What you are Amarel is a thief. You think it is perfectly OK to rob someone and then deny all responsibility

He obviously isn't a Socialist.

Side: No
5 points

When society fucks you in the ass, then no, it is not your fault for having a nice looking ass.

It doesn't really take a rocket scientist to figure out which field pays well and has job opportunities prior to getting a degree.

Side: No
Amarel(3887) Disputed
1 point

No, it obviously isn't, you blathering nincompoop. It is working the opposite of "fine".

This isn’t an argument. And yes it is fine.

Your choice to go into debt for a worthless degree is literally no one’s fault but your own. If you are underwater for a bad investment, then capitalism is working perfectly well as your situation incentivizes other people to invest more wisely. People like me.

No mention at all about why you may have made this "bad investment", which is obviously because society has convinced you it is a "good investment".

If you follow the advice of “society”, you're bound to make bad decisions. If that’s what you do, then it’s entirely your own fault. It’s not societies fault, it’s not the markets fault, it’s yours.

What you are Amarel is a thief.

Lol. I am the guy who saw your foolishness as I also went into debt. Seeing the results of your bad investment, I decided to invest more wisely. I didn’t do it so that my success and property could be coveted by worthless, greedy little leeches like you, but it’s a nice perk.

Side: No
1 point

@Amarel, excon, others

If you graduate with a boatload of debt and no prospects, capitalism is working fine. Capitalism isn’t broken just because you’ve made a bad investment.

My thoughts exactly. You can't blame society for peoples unwise choices, or lack of ability to understand the "chess board" and play a good game. Everyone has choices to make--do you want "stuff" or "time", because money will often buy you one or the other, unless one is very wealthy and can afford both.

I could give you a number of strategies off the top of my head that would have someone retired by 40, or could work only half/part of the year and take the rest off, or 2 years on one year off, etc. etc. etc.

Side: No
GhostOfNom(166) Disputed
2 points

You can't blame society for peoples unwise choices

You are absolutely retarded. People don't randomly decide to go to university for no reason. They do it because they are advised to do so by teachers, parents, friends and society itself. If you see an advertisement for something, and decide to buy it, then you can't absolve the advertiser of all responsibility if you later discover you don't like it. Granted, it's still early, but that's literally the most stupid thing I've heard today. If everybody thought the same way then there would be no such thing as crime, because it would be automatically assumed to be the victim's fault when they walk into a bad area and get robbed.

Side: Crony capitalism doesn't work
excon(8591) Disputed
1 point

Capitalism isn’t broken just because you’ve made a bad investment.

Hello x:

This isn't about the consumer.. It's about the banks, and the FRIENDS of the banks.. You can't make an informed decision, if the ONLY choices you have are BAD and WORSE.. Student loans are HIGH interest rate loans that CANNOT be discharged in bankruptcy..

Why can't THESE loans be discharged, but EVERY other loan can??? I smell CRONY CAPITALISM...

excon

Side: Crony capitalism doesn't work

If you graduate with a boatload of debt and no job prospects, does capitalism work for you

1)Don't get a boatload of debt in a field with no job prospects.

2)Want free college? Here it is...

https://yt3.ggpht.com/a-/ACSszfEZ0EOBGto-iAvxPu2Cg 70dhfqgwu12JhIA=s900-mo-c-c0xffffffff-rj-k-no

Side: Crony capitalism doesn't work
1 point

If you graduate with a boatload of debt and no job prospects, does capitalism work for you

STUPOR STUPID your ignorance is GLARING !!!!!!!!!!!!

Ms. Ocasio-Cortez, who has called for Medicare for all, tuition-free public colleges

So STUPOR STUPID why do Socialist want tuition free public colleges ?????????

Come on DUMMY answer the CONFUSION you got here LMAO

Side: Crony capitalism doesn't work
1 point

This is great right here STUPOR STUPID and destroys the heading of your post LMAO

https://berniesanders.com/issues/its-time-to-make-college-tuition-free-and-debt-free/

HERE ARE THE SIX STEPS THAT BERNIE WILL TAKE TO MAKE COLLEGE DEBT FREE:

MAKE TUITION FREE AT PUBLIC COLLEGES AND UNIVERSITIES.

This is not a radical idea. Germany eliminated tuition because they believed that charging students $1,300 per year was discouraging Germans from going to college. Chile will do the same. Finland, Norway, Sweden and many other countries around the world also offer free college to all of their citizens. If other countries can take this action, so can the United States of America.

In fact, it’s what many of our colleges and universities used to do. The University of California system offered free tuition at its schools until the 1980s. In 1965, average tuition at a four-year public university was just $243 and many of the best colleges – including the City University of New York – did not charge any tuition at all. The Sanders plan would make tuition free at public colleges and universities throughout the country.

STOP THE FEDERAL GOVERNMENT FROM MAKING A PROFIT ON STUDENT LOANS.

Over the next decade, it has been estimated that the federal government will make a profit of over $110 billion on student loan programs. This is morally wrong and it is bad economics. Sen. Sanders will fight to prevent the federal government from profiteering on the backs of college students and use this money instead to significantly lower student loan interest rates.

SUBSTANTIALLY CUT STUDENT LOAN INTEREST RATES.

Under the Sanders plan, the formula for setting student loan interest rates would go back to where it was in 2006. If this plan were in effect today, interest rates on undergraduate loans would drop from 4.29% to just 2.37%.

ALLOW AMERICANS TO REFINANCE STUDENT LOANS AT TODAY’S LOW INTEREST RATES.

It makes no sense that you can get an auto loan today with an interest rate of 2.5%, but millions of college graduates are forced to pay interest rates of 5-7% or more for decades. Under the Sanders plan, Americans would be able to refinance their student loans at today’s low interest rates.

ALLOW STUDENTS TO USE NEED-BASED FINANCIAL AID AND WORK STUDY PROGRAMS TO MAKE COLLEGE DEBT FREE.

The Sanders plan would require public colleges and universities to meet 100% of the financial needs of the lowest-income students. Low-income students would be able to use federal, state and college financial aid to cover room and board, books and living expenses. And Sanders would more than triple the federal work study program to build valuable career experience that will help them after they graduate.

FULLY PAID FOR BY IMPOSING A TAX ON WALL STREET SPECULATORS.

The cost of this $75 billion a year plan is fully paid for by imposing a tax of a fraction of a percent on Wall Street speculators who nearly destroyed the economy seven years ago. More than 1,000 economists have endorsed a tax on Wall Street speculation and today some 40 countries throughout the world have imposed a similar tax including Britain, Germany, France, Switzerland, and China. If the taxpayers of this country could bailout Wall Street in 2008, we can make public colleges and universities tuition free and debt free throughout the country.

Now STUPOR STUPID why are Socialist wanting FREE COLLEGE ????????????

Side: Crony capitalism doesn't work
1 point

Croney capitalism is a form of capitalism and the natural result of ALL forms of capitalism. Also, all forms of capitalism are worse than socialism.

Side: Crony capitalism doesn't work