You're a clueless old fart. It's a shame to be that old and still not realize what's going on. Listen to me, the biggest danger to capitalism is capitalism. It's a system based on getting back what you earn but value points and thus pay for what you so called "earn" are predetermined by those with the controlling interests. Which essentially means that in the best case you keep what you earn less taxes but if something happens to you and you can't work, it's your fault if you go hungry because you well too bad you were not earning enough based on the predetermined value of the work that determined your pay that was set by the Corporate master. Conversely if you're friends of the Corporate Master / Controlling interest then you get to be CEO and get a $100M dollar windfall profit as the company go under while you're not doing anything of substantive value to increase shareholder profits. This is why the rich should pay more taxes in the base case. In short in a true capitalist society everyone is on their own and left to the mercy of the rich and powerful. Production for profit won't ever deliver long term economic stability.
What is my solution?
It's a socialist alternative. We simply can't afford to leave the economy in the hands of the private sector / big business for their profit coffers. As I previously mentioned soldiers, cops, firemen, educators , private sector workers etc should own and control the wealth they produce. Capitalism will eventually lead to the demise of this country and only democratic socialist planning will solve our issues and deliver a stability to the economy where production is geared to meet people’s needs not just for those at the top.
It's why Hilary and Bernie have a good platform of income equality. I'm not saying everyone should be rich but I am saying (if you're willing to get off your ass and work) no one should go broke or be living in poverty either.
Originally Posted by Sistine Chapel
you do realize that capitalism brought the world out of the dark ages and into the modern prosperous world we live in today yes? pure socialism has failed completely everywhere it has been implemented. the list is long and distinguished, like my Johnson! lol
the former USSR. self explanatory, as there is no USSR today. ahahahaha
Venezuela a Chernobyl meltdown in progress
Cuba, a poverty stricken nations and not even Obama's life line will save them. in the meantime the Castro brothers live like Arab Sheiks.
Fidel and Raul live in mansions. the cuban people live in slums. what slum do you want to move to, comrade? i hear Chicago has plenty of vacancies in the hud projects due to the black-on-black murder rate. why, by the time you reply to this thread 2 new vacancies will open up!! maybe you can get a good deal on a unit?? lol