What Happens after Capitalism?
Uploader Comments (blincversion3)
Top Comments
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So what's the difference? The power elite function as central planners now in our "capitalist" system. And they do redistribute wealth: It is redistributed upwards toward the wealthy. This has been the case since Reagan: the greatest union-busting anti-labor administration since Woodrow Wilson's.
Since Reagan real wages LOWER; Jobs LOWER PAYING; more jobs shipped overseas: the wealthiest 5% hoarding more & more wealth.
Poverty has increased under the neo-liberal program, not decreased.
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Capitalism, a disease of the mind.
All Comments (270)
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You're right. We need a system that benefits everyone as a whole.
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@blincversion3 There are wrong opinions, it's that 'wrong' and 'right' is relative. But when discussing what is 'right' (good) for the masses (95% of the people of the world), there definitely are WRONG opinions. Capitalism, if applied right and REGULATED to protect the interests of the common man is GOOD for the masses. It gives liberty to the community and freedom to the individuals, as long as liberty is not compromised! capitalism gives ownership of land to YOU, instead of corrupt gov!
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....capitalism has collapsed....thanks for posting...xo
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@CrashMarket They need to read more, they are complaining about the wrong things.
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@nikolayzou Right on,too many want to use the socialism of the US that is mixed in with Corporatism and the Military Industrial Complex and call it "The down fall of Capitalism".The US had capitalism until the 1930s in mostly a near pure form, never perfect but it helped to build the US...Now, too many free hand out entitlements and sales taxes on everything that moves and income taxes also have killed it..
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I don't think people understand the difference between Capitalism and Corporatism. Corporatism is destructive to society and free market capitalism is constructive to society. You need to read my website
libertyeverafter [dot] com
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Look at Hong Kong for the effects of capitalism. Constantly rising real wages, low unemployment, all in a country with 20x the population of India and no natural resources. Without capitalism they'd be screwed.
Just go to heritage. org are look at the index of economic freedom. If you can't see the correlation between economic freedom (i.e. amount of capitalism) and standard of living, you're blind.
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She seems live your everyday college professor. I clicked on the thumbs down button.
@cincofone, you know that india has a population of over a billion while hongkong's pop is est 7 million and you do know that heritage.org is a conservative run website right? Just wanted to make sure you had your facts correct. There are no wrong opinions but there are wrong facts.
blincversion3 9 months ago