I am sure most of the one responding negatively have less than $10,000 in their portfolio and they think that the system will be fixed before the reap from it,,
@rotichnathan Wrong, I'm not thumbing down because I think the system will be fixed 'before I reap from it' but rather because a bunch of millionaires/billionaires at Davos professing to 'fix capitalism' are rent seekers in the pocket of government.
Their populist arguments totally ignore central banking, moral hazard, regulatory failure & capture, costly empire building, unsustainable government growth & any of the real causes of crashes.
I'm not really sure Arianna Huffington is the one you should be asking about how to fix capitalism. ESPECIALLY when what she and the other guy in this video are describing isn't capitalism at all, but rather corporatism.
These two airheads are great businesspeople, but knowing how to exploit a business opportunity by leveraging experience and connections is vastly different from studying the economy
These two are clueless. They have no clue what capitalism is. All the are calling for is a slightly different form of corporatism (soft-fascism) than what we have today. The very essence of an income tax suggest that citizens are the property of the government which is counter to the ideas of private property and individualism; the foundation of capitalism. It is not moral to steal from others, authorizing the government to do it doesn't magically change this.
Corporations have too much power, they won't change, it must be forced from it's cold dead grasp.. that being said.. Arianna Huffington = Mega MILF
cervantessssssssssss 1 week ago
I am sure most of the one responding negatively have less than $10,000 in their portfolio and they think that the system will be fixed before the reap from it,,
rotichnathan 4 weeks ago
@rotichnathan Wrong, I'm not thumbing down because I think the system will be fixed 'before I reap from it' but rather because a bunch of millionaires/billionaires at Davos professing to 'fix capitalism' are rent seekers in the pocket of government.
Their populist arguments totally ignore central banking, moral hazard, regulatory failure & capture, costly empire building, unsustainable government growth & any of the real causes of crashes.
End corporatism, not capitalism.
mfl002 3 weeks ago
That presenter is INVREDIBLY cringeworthy "i looooove you both!" crist, are you a newspresenter or are you a cheerleader?
Also, these two are pretty much correct, although there's a lot of talking about very little thought.
mondoXpeanut 4 weeks ago
I'm not really sure Arianna Huffington is the one you should be asking about how to fix capitalism. ESPECIALLY when what she and the other guy in this video are describing isn't capitalism at all, but rather corporatism.
PsychoBurgundy6 4 weeks ago
These two airheads are great businesspeople, but knowing how to exploit a business opportunity by leveraging experience and connections is vastly different from studying the economy
mrfresh976 4 weeks ago
These two are clueless. They have no clue what capitalism is. All the are calling for is a slightly different form of corporatism (soft-fascism) than what we have today. The very essence of an income tax suggest that citizens are the property of the government which is counter to the ideas of private property and individualism; the foundation of capitalism. It is not moral to steal from others, authorizing the government to do it doesn't magically change this.
anryth 4 weeks ago
You cannot and will not fix Capitalism as long as we have the Rockefellers, Rothschild among us, or any of their genome derivatives.
Carpathian2010 4 weeks ago
Comment removed
Carpathian2010 4 weeks ago