The pope is not against CAPITALISM but Greed.. & let's face it..

MarcATL

New member
Isn't there some sort of ancient Christian injunction against money-lending?

Just wondering.

Capitalism in the general sense (investing capital in business enterprise) is closely related to money-lending, though I believe is a little more honest, in that the risk is shared a bit more equitably. Money-lenders don't want to assume any risk at all, which is both exploitive and ultimately unreasonable.

Capital investment is good and necessary in any modern economy. But technically, that's not what "capitalism" is. Capitalism is the term we use to define an economic system wherein the capital investor has exclusive control over the business enterprise he's invested in, to the exclusion of everyone else involved in and affected by that business enterprise.

Capitalism is not a healthy or reasonable economic system, and it inevitably leads to abuse, corruption, and economic and social collapse if it's left unregulated. Which is, of course, what's beginning to occur all over the world, right now.
So true.
 

TrakeM

New member
The official catholic bank did a lot of business with the nazis. I don't think it gets more pro capitalism than that. I mean what says anything in the name profits is ok more clearly than laundering money for hitler?
 

PureX

Well-known member
Yup, it needs to be managed so it doesn't get abusive.

The first thing we need to do is remove the concept of capital gains from our tax code.
Actually, just the opposite. We need to limit the profits taken by investment capital, through taxation (if not through a socialist reformation) and spend (reinvest) it back into the hands of those who actually produce valuable products and provide valuable services for society. And we need to do that by spending it on social infrastructure updates and maintenance, and through positive creative business incentives. What we don't want to do is allow the capitalists to use their excessive wealth to collect even more investment capital. Because that's what feeds corruption, stagnation, greed, and wealth disparity so extreme that it results in eventual economic collapse.
 

MarcATL

New member
Actually, just the opposite. We need to limit the profits taken by investment capital, through taxation (if not through a socialist reformation) and spend (reinvest) it back into the hands of those who actually produce valuable products and provide valuable services for society. And we need to do that by spending it on social infrastructure updates and maintenance, and through positive creative business incentives. What we don't want to do is allow the capitalists to use their excessive wealth to collect even more investment capital. Because that's what feeds corruption, stagnation, greed, and wealth disparity so extreme that it results in eventual economic collapse.
Once again, we'll said.
 

PureX

Well-known member
I think he assumed that i was saying no tax on capital gains.... i am saying that all income is taxed at the same rate
But of course, that's an unfair system in terms of the burden it places on people. As income up to a certain level goes to essentials, while income beyond that level goes to luxuries, and to investment. So a tax on excess income causes little or no hardship, while a tax on income that goes to essentials, does.

I'm curious, why do you keep ignoring this? Do you want to cause lower income people hardship, for some reason? Honestly, why are you so enamored with a non-progressive flat tax? I can certainly understand eliminating all the exceptions and loop-holes, and I agree totally with taxing income, but we can do that with a progressive tax just as easily as we can do it with a non-progressive tax.
 

Kdall

BANNED
Banned
ha ha... YOU are telling ME about Catholicism?

give me a freakin break

I don't listen to anti-Catholics... about anything, but especially the Church, which they fail to do any research about b4 spoutating away on it...

don't listen to such dishonest people

__

Surely you're aware that several of the popes in the Middle Ages were horribly corrupt and honestly pretty bad people who just wanted as much power as humanly possible. I have nothing against Catholicism, but there is no denying that some popes weren't very saint-like
 

HisServant

New member
But of course, that's an unfair system in terms of the burden it places on people. As income up to a certain level goes to essentials, while income beyond that level goes to luxuries, and to investment. So a tax on excess income causes little or no hardship, while a tax on income that goes to essentials, does.

I'm curious, why do you keep ignoring this? Do you want to cause lower income people hardship, for some reason? Honestly, why are you so enamored with a non-progressive flat tax? I can certainly understand eliminating all the exceptions and loop-holes, and I agree totally with taxing income, but we can do that with a progressive tax just as easily as we can do it with a non-progressive tax.

Where did I advocate a flat tax?
 

PureX

Well-known member
Where did I advocate a flat tax?
Don't you?

Perhaps I assumed. If so, sorry.

It seems that most of the flat tax proponents I know advocate adamantly for it being non-progressive. And every time I explain why this is unfair to lower income people, they somehow just don't seem to hear me, or acknowledge the fact. And I've always been curious why that is. Why are most flat tax proponents so against a progressive tax rate even when it's explained to them that such a tax would put an unfair burden of lower income earners?

If you are not one of these non-progressive flat-taxers, then I've assumed wrong in your case.
 

HisServant

New member
Don't you?

Perhaps I assumed. If so, sorry.

It seems that most of the flat tax proponents I know advocate adamantly for it being non-progressive. And every time I explain why this is unfair to lower income people, they somehow just don't seem to hear me, or acknowledge the fact. And I've always been curious why that is. Why are most flat tax proponents so against a progressive tax rate even when it's explained to them that such a tax would put an unfair burden of lower income earners?

If you are not one of these non-progressive flat-taxers, then I've assumed wrong in your case.

No.. all income, whether capital gains or not, should be taxed at the current tax rate.

The rich are paying a 20% tax rate instead of 39.6% right now.
 

PureX

Well-known member
No.. all income, whether capital gains or not, should be taxed at the current tax rate.

The rich are paying a 20% tax rate instead of 39.6% right now.
Yes, bribery and corruption has completely biased the system in favor of the rich, at the expense of everyone else. But it's the poor who suffer the most.
 

HisServant

New member
Yes, bribery and corruption has completely biased the system in favor of the rich, at the expense of everyone else. But it's the poor who suffer the most.

And most of the new taxes (especially on the state level) are hurting the poor the most, and usually supported by Democrats.

(Tobacco tax, sugary drink tax, gasoline tax, etc.).
 

PureX

Well-known member
And most of the new taxes (especially on the state level) are hurting the poor the most, and usually supported by Democrats.

(Tobacco tax, sugary drink tax, gasoline tax, etc.).
Politicians LOVE "sin taxes". They love all taxes, really (unless it's being applied to themselves or their cronies). But they especially like "sin" taxes because they can make the tax look "righteous" relative to the "unrighteousness" of the people being taxed: smokers, drinkers, gamblers, gluttons, … so politicians can tax them, with impunity. And their wealthy cronies don't much care because they can pay the "sin" tax, easily.
 

TrakeM

New member
No.. all income, whether capital gains or not, should be taxed at the current tax rate.

The rich are paying a 20% tax rate instead of 39.6% right now.
Actually the rich are paying about 10-13% after deductions and such.

Sorry, I forgot I was on a christian form. The holy job creators, blessings and peace be upon them, are being brutally forced to pay less than half the tax rate of the middle class based on a tax code they bribed politicians, er I mean valiantly gave money to in holiness, to slant in their holy favor the tax code to better allow them to exploit those icky poor creatures. Doesn't it just make your blood boil that we make the holy job creators pay taxes? Those poor 1% souls only have 40% of the wealth and we make them pay less than half the tax rate of the middle class. If only they were richer there would be jobs and prosperity for all! Let us pray for their bank account!
 

Traditio

BANNED
Banned

Think about what you quoted. Think about what the emphasized portion means. Come back to me when you realize just how thoroughly silly a point that you've made is.

I'll offer you a bit of assistance:

"The Church hasn't condemned capitalism, but, rather, unrestricted capitalism." I.e., she hasn't condemned all instantiations of capitalism, but only capitalism in its purest form, i.e., capitalism when done properly or carried out fully according to the capitalist conception.

When you think about what that means, if you're a reasonable human being, I'm sure you'll realize why your objection was trivial and silly.

But you will, I imagine, post some brief one liner or copy and paste something or another. Don't bother. Let it be assumed, if you want, that you have some nonsensical reply. I'm sure that you do.

I beg only that you consider what you've said and think it out.

Ultimately, capitalism, in its unrestricted form, means that everything has a price. That's just wrong.
 

aikido7

BANNED
Banned
The pope is not against CAPITALISM but Greed.. & let's face it..

a lot of Rs come across as being into greed.

Many R candidates talk about the economy, but don't mention other issues, some that involve-- literally-- life and death..

And frankly, a lot of Rs, once they get wealthy, look down their noses at poor people... They even (some) have the nerve to imply that if you are poor, you are lazy, irresponsible, stupid... and make all kinds of excuses not to help you..

so that is what the pope is against, NOT Capitalism..

He is NOT a communist... at least not as far as I know.. and I have read interviews w/ him... etc..

In one interview he flat out said that work is good for you and being dependent on the gov is NOT

_
This is one of the few times I have noticed that you are unafraid to turn the spotlight on yourself instead of on others. It is a mark of wisdom and maturity and I am glad to see it.

I salute being accountable for oneself instead of blaming others, calling them names and projecting our own unadmitted shortcomings onto others.

Republicans and conservatives as well as liberals and democrats are not perfect, are they?

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It is truly sad that an exclusive focus on Jesus and a moral Christian life is so disruptive and alarming for Theologyonline.

Shame on you, TOL !!!

The victimization, the anger covering up shame and the immaturity of most folks on this website is truly astonishing to me.

Nevertheless, I will continue to stress the authentic parabolic teachings of Jesus as well as connecting myself and the world to the great moral epic of the Hebrew Bible and the New Testament.

My faith is secure.
 
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