Cory Booker: American Capitalism Is ‘Perverted’

[Weatherman2020]

The push to get Trump re-elected is in overdrive.

AIR.TV

 

[SassyIrishLass]

That fag still pretending he has a girl friend?

 

[Mac1958]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

 

[MarathonMike]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

 

[Mac1958]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

 

[MarathonMike]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

 

[gipper]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Booker says this shit all while trying to take money from Wall Street.

Phony lying politicians are the rule. The extreme rarity is an honest politician.

 

[Mac1958]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

Across the board, they are advocating for more centralized control. That's the basis of a euro-socialist democracy.

From education to financial institutions to health care, they would increase government involvement and, as a result, regulation.
.

 

[Mac1958]

Phony lying politicians are the rule. The extreme rarity is an honest politician.

I honestly don't know how a national politician can be honest at this point.

That's not an excuse, it's more of a symptom.
.

 

[task0778]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

Across the board, they are advocating for more centralized control. That's the basis of a euro-socialist democracy.

From education to financial institutions to health care, they would increase government involvement and, as a result, regulation.
.

You know, its funny, talking about a euro-socialist democracy. The Dems just LOVE to point to Sweden and talk about how great their SD is, but the truth is that going into the 70s and 80s, Sweden was one of the most successful economies in the entire world. And then they fucked it up with all these big gov't, total control socialist policies that almost ruined the place. But then they figured it out that such BS wasn't working and instead adopted lower taxes, less public spending, less regulation, and more privatization of things like Education. You know, stuff the GOP wants to do here. That have been proven to work in reality, as opposed to the socialist policies the Dems want that have proved over and over to NOT work.

 

[Mac1958]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

Across the board, they are advocating for more centralized control. That's the basis of a euro-socialist democracy.

From education to financial institutions to health care, they would increase government involvement and, as a result, regulation.
.

You know, its funny, talking about a euro-socialist democracy. The Dems just LOVE to point to Sweden and talk about how great their SD is, but the truth is that going into the 70s and 80s, Sweden was one of the most successful economies in the entire world. And then they fucked it up with all these big gov't, total control socialist policies that almost ruined the place. But then they figured it out that such BS wasn't working and instead adopted lower taxes, less public spending, less regulation, and more privatization of things like Education. You know, stuff the GOP wants to do here. That have been proven to work in reality, as opposed to the socialist policies the Dems want that have proved over and over to NOT work.

Y'know, I once heard a great line: "The grass is always greener, where you choose to water it."

There are definitely arguments against a euro-socialist democracy, but because of the blatant imbalances that have formed under capitalism, the grass looks much greener to more and more people.

So we have a choice to make: Do we address the imbalances, at least to some degree, or do we increase the risk of total change?

I saw another poster make a great point a while back: Making some concessions now would be an insurance policy against future electoral revolution. That makes sense to me. That's what we're looking at right now.
..

 

[MarathonMike]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

Across the board, they are advocating for more centralized control. That's the basis of a euro-socialist democracy.

From education to financial institutions to health care, they would increase government involvement and, as a result, regulation.
.

Oh ok so it's the "free stuff" mantra they just aren't saying that means the government will be in control of the loans, health care etc to make it all "free".

 

[Mac1958]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

Across the board, they are advocating for more centralized control. That's the basis of a euro-socialist democracy.

From education to financial institutions to health care, they would increase government involvement and, as a result, regulation.
.

Oh ok so it's the "free stuff" mantra they just aren't saying that means the government will be in control of the loans, health care etc to make it all "free".

Actually that's an important point. Yes, it would be a mix of free market capitalism with heavier public oversight, not government ownership of production and distribution.
.

 

[task0778]

Are you saying that the new DEM Socialist movement is being fueled by a push for more government regulations?

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

Across the board, they are advocating for more centralized control. That's the basis of a euro-socialist democracy.

From education to financial institutions to health care, they would increase government involvement and, as a result, regulation.
.

You know, its funny, talking about a euro-socialist democracy. The Dems just LOVE to point to Sweden and talk about how great their SD is, but the truth is that going into the 70s and 80s, Sweden was one of the most successful economies in the entire world. And then they fucked it up with all these big gov't, total control socialist policies that almost ruined the place. But then they figured it out that such BS wasn't working and instead adopted lower taxes, less public spending, less regulation, and more privatization of things like Education. You know, stuff the GOP wants to do here. That have been proven to work in reality, as opposed to the socialist policies the Dems want that have proved over and over to NOT work.

Y'know, I once heard a great line: "The grass is always greener, where you choose to water it."

There are definitely arguments against a euro-socialist democracy, but because of the blatant imbalances that have formed under capitalism, the grass looks much greener to more and more people.

So we have a choice to make: Do we address the imbalances, at least to some degree, or do we increase the risk of total change?

I saw another poster make a great point a while back: Making some concessions now would be an insurance policy against future electoral revolution. That makes sense to me. That's what we're looking at right now.
..

Okay, first of all, I think the notion that future electoral revolution is fast approaching is not true. If Hillary had won in 2016, we wouldn't be hearing jack squat about any electoral revolution. Income inequality would not have changed and we'd still have the same imbalances. If anything, they got worse under Obama.

Next, those euro-socialist democracies are a lot more broad-based than our current tax system is. Over there, it's EVERYBODY pays, not just the wealthy, and here's the thing, because of that increased tax burden and heavier oversight, you end up with a lot less innovation and entrepreneurship. You would be going to GDP growth like it is in Europe these days, barely above recession levels. They have problems with too many immigrants, well so do we. If you're going to cover all these people coming into the country than somebody is going to pay for it eventually, either us (or some of us) now, or future generations as the debt continues to skyrocket.

So, what are you gonna do? How do you address income imbalances without killing the golden goose?

 

[Rustic]

The push to get Trump re-elected is in overdrive.

AIR.TV

Lol
The goofy fucker Would not know capitalism, even if it punched him in the face

 

[bripat9643]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

No, actually they aren't. Regulations and macro controls are a perversion of capitalism. They are designed to create crony capitalism. Government tinkering with the economy is the exact opposite of capitalism.

 

[Mac1958]

Sure, and more government control.

And it's being handed to them.
.

All I have heard from Democrats is a near unanimous cry for 'free' everything. I'm not following you, what examples of regulation and control are gaining DEM support?

Across the board, they are advocating for more centralized control. That's the basis of a euro-socialist democracy.

From education to financial institutions to health care, they would increase government involvement and, as a result, regulation.
.

You know, its funny, talking about a euro-socialist democracy. The Dems just LOVE to point to Sweden and talk about how great their SD is, but the truth is that going into the 70s and 80s, Sweden was one of the most successful economies in the entire world. And then they fucked it up with all these big gov't, total control socialist policies that almost ruined the place. But then they figured it out that such BS wasn't working and instead adopted lower taxes, less public spending, less regulation, and more privatization of things like Education. You know, stuff the GOP wants to do here. That have been proven to work in reality, as opposed to the socialist policies the Dems want that have proved over and over to NOT work.

Y'know, I once heard a great line: "The grass is always greener, where you choose to water it."

There are definitely arguments against a euro-socialist democracy, but because of the blatant imbalances that have formed under capitalism, the grass looks much greener to more and more people.

So we have a choice to make: Do we address the imbalances, at least to some degree, or do we increase the risk of total change?

I saw another poster make a great point a while back: Making some concessions now would be an insurance policy against future electoral revolution. That makes sense to me. That's what we're looking at right now.
..

Okay, first of all, I think the notion that future electoral revolution is fast approaching is not true. If Hillary had won in 2016, we wouldn't be hearing jack squat about any electoral revolution. Income inequality would not have changed and we'd still have the same imbalances. If anything, they got worse under Obama.

Next, those euro-socialist democracies are a lot more broad-based than our current tax system is. Over there, it's EVERYBODY pays, not just the wealthy, and here's the thing, because of that increased tax burden and heavier oversight, you end up with a lot less innovation and entrepreneurship. You would be going to GDP growth like it is in Europe these days, barely above recession levels. They have problems with too many immigrants, well so do we. If you're going to cover all these people coming into the country than somebody is going to pay for it eventually, either us (or some of us) now, or future generations as the debt continues to skyrocket.

So, what are you gonna do? How do you address income imbalances without killing the golden goose?

Well, that's the big question here: At what point do taxation and regulation of markets become "too much" of a drag on the dynamics of capitalism that you're producing a negative overall net result?

I think, in a perfect world where we all actually communicated and collaborated, we might start at a place on which we can all agree, such as making government as efficient and least wasteful as possible. We know that the argument from the democratic socialists involves this vague "safety net" being increased, so that would be the next step. What does that include? Well, minimum wage, health care, unions, you know that whole thing. And I agree with some of it.

The other side of the ledger will be taxation. We'll probably disagree there, as I think individual taxation could be increased significantly on the top end.

Anyway, that's the conversation. Again, I think it would be smart to start at a place of agreement, such as government efficiency.

There are no good or easy answers here. The problem is that this socialism thing is not going away, so an all-or-nothing stance by the Right would be risky as hell.

By the way, thanks for the civil and interesting discussion. Rare here.
.

 

[Mac1958]

BOOKER: “We have so perverted the ideal of capitalism that now we tolerate policies that are allowing a new era of monopolization, of oligarchies."

Yes, correct. Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

As a result, the socialists and communists have something easy to point at, as they gain supporters by the day.

From this capitalist, I wish you folks would find another hobby.
.

No, actually they aren't. Regulations and macro controls are a perversion of capitalism. They are designed to create crony capitalism. Government tinkering with the economy is the exact opposite of capitalism.

Okay. You stay at all-or-nothing and we'll see how this goes.
.

 

[Natural Citizen]

Capitalism has been perverted by the ignorant, misled faux libertarians who don't understand that regulations and macro controls are a critical component of capitalism, not some evil beast.

Bull pucky.

Capitalism has been perverted by Keynesians like yourself.

We don't have free markets, much less free market capitalism. If you say the two together, no, we don’t have that. We have Keynesianism. We have economic interventionism. We have central economic planning by a central bank. We have inflationism. We have a belief in deficit financing. That’s so far removed from free market capitalism that it’s laughable to refer to it as such, much less turn the tables and try to blame it on the very people who are pointing out the problem realistically and who actually do understand monetary policy.

But that’s how you make your living, isn’t it? You have a hell of a lot of nerve talking crap about libertarians because I promise you couldn’t hold a conversation with one with regard to economic theory and monetary policy. I, for one, have read your postings. People like you are part of the problem. Your livelyhood depends on a socialist monetary policy where the government tells the market what to do rather than the way the Constitution lays out where the market tells the government what to do. Your livelyhood depends on the government printing the dollar out of existence. And it depends on a constantly increasing national debt.

 

[task0778]

I think, in a perfect world where we all actually communicated and collaborated, we might start at a place on which we can all agree, such as making government as efficient and least wasteful as possible. We know that the argument from the democratic socialists involves this vague "safety net" being increased, so that would be the next step. What does that include? Well, minimum wage, health care, unions, you know that whole thing. And I agree with some of it.

I don't agree with ANY of it. Does anyone really think all we gotta do is tax the rich more and that'll pay for all this stuff? Are we going to forgive all student debt and make an education free for everybody? Medicare For All? Open Borders? Free every freakin' thing that a Democrat can think of? How many people are gonna say "Screw it, I'll live off the gov't dime".

The other side of the ledger will be taxation. We'll probably disagree there, as I think individual taxation could be increased significantly on the top end.

People on the Left who want higher taxes on the rich just don't seem to understand that there are consequences when you raise rates. It's one thing when things are going economic gangbusters like it was back in the 90s, but it's another when we ain't. And although the US economy is doing better under Trump, it isn't what I'd call gangbusters and yes, some of that is on his tariff policies. And here's the deal, we aren't going to get nearly as much extra revenue as a linear equation might suggest, and the reason isn't that complicated: if you're going to fuck the rich, they're going to take their money elsewhere if they can or sit on it if the rewards do not make it worthwhile to assume the risks of an investment.