Inflated: How Money and Debt Built the American Dream | Christopher Whalen
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It's lovely to see free-market capitalists running their mouths about the benefits of capitalism, but none of them seem to look at how capitalism came to be in the first place.
Specifically, how was the "capital"" in "capitalism" first gathered? It ain't a pretty picture, i'll tell you that much.
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a superb insight of what has happened and where we need to go..........
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@umrmecheman agree on that
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@umrmecheman When was your last shift at Walmart almighty omniscient one? You are full of it. Perhaps you watch too much Fox news. You should be ashamed disrespecting poor Americans who work their ass off for 8 bucks an hour. Flat screens? What other kind do they make now? Go home and re-think before you embarass yourself again.
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Actually Walmart workers would probably have to take on debt or another job, or their partner would have to be working, (or both) to be able to afford these things. Walmart employess typically also have to depend on public social services to make ends meet.
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@dfjpr how about this. a walmart floor worker in today's age can afford a flat screen tv, plenty of food to eat, air conditioning, etc. this is because our economy has become so productive that even low scale workers can afford "expensive" goods that only the super rich in other countries can afford.
that is how everyone can be rich. a "poor person" in america lives better than a middle class person in tons of dictatorial and socialist regimes in Africa, Middle East, South America, etc
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gta405421 1 year ago 3
I can't get enough of this guy, all of his interviews are so illuminating.
AndyMH182 1 year ago