General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe foundation of America's economic system is now an inhumane fraud
The titans of commerce have made capitalism an ideology instead of a tool. As such its inhumanity and barbaric intrinsic nature are on full display for those who choose to see it. Adherence to this economic system requires an uncanny ability to make excuses for the reality that very few Americans have partaken of the country's growing wealth.
https://egbertowillies.com/2018/08/08/the-foundation-of-americas-economic-system-is-now-an-inhumane-fraud/
wasupaloopa
(4,516 posts)administered. If we had a government that regulated capitalism were it is unfair there would be a better distribution of wealth.
Because we elect those in government we decide what regulations are put in place and which are removed.
This harping in capitalism is evil neglects the building up of the middle class after WWII.
It was the New Deal along with capitalism that brought wealth to the lower economic individuals.
So much depends on what type of government protections are in place or are misding that mostly determines the income distribution in our society.
KT2000
(20,577 posts)as we are headed now, it is actually cannibalism. The have-nots are the source of their wealth.
pecosbob
(7,538 posts)[link:https://www.politico.com/magazine/story/2018/08/14/democrats-must-reclaim-the-center-by-moving-hard-left-219354|]
'Democrats need to stop balancing the economic interests of the top 2 percent against the interests of everyone else and start focusing on the needs of the majoritarian centerthe 80 percent of families who have been left behind by 40 years of trickle-down economics. Raise wages now. Thats the kind of pragmatic centrism the majority of Americans truly want, and that our economy needs.'
SWBTATTReg
(22,124 posts)Plus another kicker in the balls ... these people (the 1%) won't pay any taxes or less %-wise, than my waiter or waitress at my diner...