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Is this a recovery? PT 7

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Uploaded by on Sep 22, 2009

Kapoor: When progress is measured by how the things that are going wrong slow down, you have a problem

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  • what did they think was going to happen when moved the factory and development jobs out of the country and then flooded the job market with people from third world countries. WHAT DID YOU THINK WOULD HAPPEN? We should hang the treacherous leaders and bankers who got us into NAFTA WTO and war..

    Protectionist policies do what the name implies. PROTECT that is their first job. We should be mad as hell at the whole lot of them.

  • One of the major flaws in capitalism is its inability to think longterm, it is geared to short-term profit. To a certain extent this is what makes socialism inevitable - too much market volatility and lack of a long-term vision or planning will push the public sector, popular forces and the government to take more and more of a central role in economic affairs. Needless to say, this public economic engagement is essential.

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  • It's going to be bad "for the next ten years," the gentleman says. That will make it forty and running. Unemployment was $3.35 an hour in 1981. Under Reagan it rose zero. Under each Bush, twice. Under Clinton, twice. So far Obama's hiked minimum wage once but it is still not even $8.00 per hour.

  • Answer your own questions by doing the research. It's there for everyone to see. Have you ever heard of electric cooperatives? Agriculture cooperatives? Credit cooperatives? There are plenty of them, just look around you. Every year the president signs plenty of bills supporting/ and/or regulating cooperatives.

  • Such as?

    Which of those were implemented by Barack Obama?

  • Why narrow it down to factories? There are literally thousands of cooperatives int he US. In housing, agriculture, and business. Try doing a little research before you climb up on your high horse.

  • Certainly your text means noting on YT.

  • I accept your comment in its entirety. The point I was trying to make was somewhat coloured by reaction to another comment, and may have come across in too sweeping terms.

    I suspect that we have quite similar perceptions on these issues.

  • Can you think of one example of a US factory co-operative (owned by its workforce)?

    If not, feel free to re-evaluate your above comment by examining reality instead of inventing it.

  • Most of your comment is correct, but social healthcare is not inherently fascist.

    We (society) really need to stop splitting the world into two camps of communism and fascism and start to recognise the existence of social-democracy. Whether that's what the Americans have or not is another matter - I personally find it difficult to seperate corporatism and fascism aside - but it won't do to conflate all socialised services wuth fascism.

  • Clearly you don't understand socialism. What you're defining is either corporatism, fascism, or social-democracy. Socialism is a socioeconomic system of worker control over the means of production. This does not exist anywhere in the world.

  • bbburton: text means nothing on youtube...chill...take a pill,

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