Pelosi: "We're capitalists, and that's just the way it is." (user search)
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  Pelosi: "We're capitalists, and that's just the way it is." (search mode)
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Author Topic: Pelosi: "We're capitalists, and that's just the way it is."  (Read 8013 times)
Virginiá
Virginia
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« on: February 04, 2017, 04:49:55 PM »
« edited: February 04, 2017, 04:52:24 PM by Virginia »

who is fighting against capitalism in all seriousness these days?

seems outdated.

Young people who have never known anything but what appears to be a severely ineffective system where industries are allowed to consolidate and amass power unfettered. Where businesses are increasingly free to bribe politicians for all sorts of benefits. Where the pharmaceutical industry has become so powerful that they casually engage in extreme price gouging to the detriment of society. Where the fossil fuel industry continues to wreck the earth for short term profits. Where the banking sector crashes the economy, gets bailed out and gets off with a mere slap on the wrist. Where wages and benefits have stagnated while COL rises, and the wealthy increasingly take bigger pieces of the pie. All while many pro-market politicians deny citizens any programs or benefits to alleviate some of this burden, under the excuse that the market will take care of it (lol). And on, and on and on....

And sure as hell doesn't help that the loudest proponents of the free market come from a political party whose economic philosophy of deregulation and giant tax breaks for the wealthy/corporations is at times almost indistinguishable from special interest corruption.

Proponents of capitalism have really failed to make the case to young people of why their system is the best. It doesn't mean capitalism shouldn't be practiced - it just means, imo, that the GOP's idea of it should be killed with fire. Unfortunately, because of the unwillingness to reign in the huge excesses of this failed system, they are helping to create a large amount of people who are far more open to a completely different ideas.

I think well-regulated markets with generous social programs is the way to go, but I don't blame others for completely losing faith in capitalism.
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