American Capitalism as it had been taught in our schools

Posted by Solver 11 years, 4 months ago to Education
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This video compared to today's common core schooling of Capitalism says it all.



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  • Posted by Robbie53024 11 years, 4 months ago in reply to this comment.
    From Amazon: A Look At Capitalism (1955) - 13 minutes running time - Explains how and why capitalism works, mainly focusing on personal ownership issues. Responsibility of American Citizenship
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  • Posted by Robbie53024 11 years, 4 months ago
    Unfortunately, capitalism has been so infused with crony's that all capitalistic endeavors are merely viewed as cronyist schemes. There's much more good and honest capitalism, but the bad are very notable and shouted from the mountains while the local capitalists are totally overlooked. Sad. And what is taught in schools anymore is that all capitalists are compromised - look at all the movies that depict same instead of good capitalism (like ASIII).
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  • Posted by slfisher 11 years, 4 months ago in reply to this comment.
    It's available on a number of sites. That said, there are other aspects that make it look more recent, such as the font used to identify speakers.
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  • Posted by slfisher 11 years, 4 months ago in reply to this comment.
    I've heard of Fabian Socialism before but don't know much about it. Do you have a source where I could learn more about it?
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  • Posted by plusaf 11 years, 4 months ago in reply to this comment.
    Thanks, Robert.. no, even with taxes, it wasn't too painful. Although, in the 24 years I lived there, the legal warnings at closing real estate transactions had 'improved' quite a bit. We had to "admit" that there was a railroad line about five miles away from our home (buyers might be put off by the noise of trains...) and the outdoor arena about ten miles away might be the source of noise pollution, as well as several interstate highways five or ten miles away AND that we were right under the landing pattern of Moffett Naval Air Base, too (I loved watching the planes go overhead and attending the vanishing air shows, too!) ...

    In '78, I was amazed at Silicon Valley, compared to NJ. Never heard a car horn over the three-day exploratory visit prior to taking the job there, and the roads were so much smoother, traffic much lighter and drivers SO much more polite!

    24 years later, scouting the Raleigh, NC, area for a possible move, we found the roads to be MUCH smoother, most drivers MUCH more polite AND traffic a lot lighter, too. Things change...

    Good luck, Colorado... your path is clear.
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  • Posted by $ blarman 11 years, 4 months ago
    Nice find. Now if only I can find that house for $9885... :)
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  • Posted by tdechaine 11 years, 4 months ago
    Hard to get through with bad definitions. E.g. there is really no such thing as State Capitalism as he defined it.
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  • Posted by robertmbeard 11 years, 4 months ago in reply to this comment.
    I agree with your prediction for Boulder. Congrats on your capital gain on the house in Silicon Valley, by the way. I hope the Feds and CA did not get their grubby hands on it, through capital gains taxes, but I suspect they did...
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  • Posted by plusaf 11 years, 4 months ago in reply to this comment.
    My mom and dad bought their first house WAY before the 1950s for about $5000. Fought to keep it during the (Real) Great Depression. I grew up in a home with no mortgage and mom beat the idea into me that I should strive to live that way, too, if I could. She was my personal "Kickstarter" to help me on that path, financially and emotionally.

    But I've discovered that it's more than 'modern educators in economics' that drive prices and inflation. Most inflation is driven by federal government's control over our money.

    But about 60 years after my folks bought their home, its selling price was about sixty times higher... partially due to the desirability of homes and land/property in the geographic area of the house.

    Then, I bought my first home in 1973, for about $23k. Sold it five years later for about twice that. Desirable area.

    Moved to Silicon Valley and paid about $70k for less land and about the same square footage. Location, Location, Location, as well as job market and climate.

    Then the loons in CA made rules that buildings couldn't be taller than six or eight stories... cuts off the view of the surrounding mountains.

    Then they passed laws that said that land couldn't be developed for housing ON or close to those mountains... Keep the scenery green...

    Supply, Demand and government regulations enacted by 'the people' enabled me to sell that same house (with some upgrades over two dozen years of ownership) for nearly $850k.

    The other day, I heard a news report that Boulder, Colorado, I think it was, was fed up with the fast growth of their area and will be enacting rules to limit that growth of population... by limiting the number of homes that can be built, and where they can be built... like up in the hills around Boulder.

    Those who do not learn from history... will be bitching about skyrocketing housing costs in Boulder pretty soon.

    Handwriting... Wall... Illiteracy.
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  • Posted by plusaf 11 years, 4 months ago in reply to this comment.
    Show the video; follow with open discussion... That should be interesting, too...

    Or an essay question quiz: compare and contrast the positions set forth in the movie with what's going on today...
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  • Posted by $ allosaur 11 years, 4 months ago in reply to this comment.
    It finally came to me how to return your salute--
    Ahem!
    There's just a little something all about Obama that milks sarcasm right out of me. Aw, shucks, I just branded myself to be racist.
    Just ask Eric Holder. Bet if I just simply told him that I didn't care to live under a socialist government, Eric the Red would call me a racist just for that.
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  • Posted by Hiraghm 11 years, 4 months ago
    I realize one or two of you still read my comments...

    Currently I'm embroiled in an argument I don't have time for in the comments of a youtube video where they bash Governor Fallin for "banning minimum wage hikes and paid leave laws".
    I'm trying to argue sensibly in the teeth of a gale force of ad hominem and other nonsense, and frankly, I'm losing patience with the whole attempt at making water run uphill.

    But I thought some of you might like to weigh in on their nonsense:

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

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  • Posted by Hiraghm 11 years, 4 months ago
    Related video:

    https://www.youtube.com/watch?v=TtOtV-gE...

    At about 03:42, the girl says, "They're all in business to make a profit", I'm reminded of this scene from ASp2:

    https://www.youtube.com/watch?v=lGQigt_U...
    "Why are you in businss?"
    "To make money"

    Ask any of my co-workers, "Why do you work at Wal-mart?", not a one of them would say, "Oh, because Wal-mart needs me..." or "So I can feed the hungry and house the homeless".

    They work at Wal-mart... to make money.
    Profit motive. Yet somehow when Wal-mart works to make money, it's immoral.
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  • Posted by NealS 11 years, 4 months ago in reply to this comment.
    Definitely not a '49, but a '54 or a '55, would have to see more of it to tell for sure. A '49 has old round top transition into windshield, not at all like shown, and check out the chrome. I think I might have seen that film too as a kid, I know I saw similar ones going into the Army, well not really similar, different subjects, but dated like that one.
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  • Posted by 11 years, 4 months ago
    For those questioning the year...

    It looks like the main video is " A Look At Capitalism" from 1955.

    and not "What is Capitalism?" which is from 1948.

    The year at the begin is wrong.
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  • Posted by cjferraris 11 years, 4 months ago in reply to this comment.
    I agree, they were available, and cutting edge technology at the time. Generally it was priced out of most people's reach. From the blogs that I'm on, most libs are in such denial that the capitalist system works, they'll try any argument they can to demonize the message.
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  • Posted by Herb7734 11 years, 4 months ago
    Being an old guy, I can remember when this was actually taught in schools. I remember saying the Pledge, singing the anthem, being proud to be an American and remembering how all the adults would tell us kids that we should be so very grateful to be born in America. With all its faults, prejudices and errors, I long for those days. I guess I'm sentimental, but to me, when I was a youngster, the world was filled with promise and adventure. Now....not so much.
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  • Posted by alan 11 years, 4 months ago
    TV was around in 1947. We had the first TV in our neighborhood. Only one or two stations. And most of the time there was a test pattern instead of programming.
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  • Posted by CTYankee 11 years, 4 months ago
    Grow your own Dope -- Bury a Communist!
    {sorry} ;^) {not really} :^)
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  • Posted by 11 years, 4 months ago in reply to this comment.
    I did inherit a Magnavox Brittany Television and that was made in 1947. A tall great looking mahogany corner cabinet built around a real early tube television set.
    So I know there were TV sets available in 1948.
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  • Posted by $ jlc 11 years, 4 months ago
    There are several comments on this thread that make it seem that this may be a modern video, filmed to look as if it were from 1948. Do we know its provenance?

    Jan
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