Monopolies are not good capitalism. What we need is good capitalism. We have cronyism currently.
Some would argue the purpose of capitalism is monopoly:
Opinion | A world without capitalism is not too hard to envision
"Then, toward the end of the 19th century, as the first networked mega-companies—including Edison, General Electric, and Bell—were formed,
the genie released by marketable shares went a step further.
"Because neither banks nor investors had enough money to plough into the networked mega-firms, the mega-bank emerged in the form of a global cartel of banks and shadowy funds, each with its own shareholders
"Unprecedented new debt was thus created to transfer value to the present, in the hope of profiting sufficiently to repay the future.
"Mega-finance, mega-equity, mega-pension funds, and mega-financial crises were the logical outcome.
"The crashes of 1929 and 2008, the unstoppable rise of Big Tech, and all the other ingredients of today’s discontent with capitalism, became inescapable."
Nobody who understands capitalism would argue that. We get monopoly because it's too easy to buy our politicians. We need campaign finance reform. None of this is the fault of capitalism.
Thanks for admitting you don't understand capitalism.
Oh you think the purpose of capitalism is monopoly then eh? Moron. If you understood capitalism you wouldn't have supported trump and his moronic tariffs.
No, I don't think the purpose of capitalism is monopoly, moron. What did I just say?
Do you believe Dims are all good capitalists?
You seemed to be disagreeing with me. But since you are so stupid you probably have no clue. Tell how tariffs are good capitalism. haha
There are few good capitalists in this country. Your righties just bow to the rich and kiss their feet. The left have too many who think socialism might just be good. That said I'd take Obama over Rump any day so I guess they are a bit better.
Tariffs are not good capitalism. However, that's only one issue. The Green New Deal is an all out assault on capitalism. A capitalist will always go with the former rather than the later. Nothing in Biden's platform is capitalism. He's a fascist to the bone.
Ah well you admit its not good capitalism. Amazing, I thought you were completely dishonest. I haven't seen the green new deal happening. We got stuck with the shitty tariffs and they hurt our manufacturing and farming. Lead to a nice big farmer bailout. Are big bailouts good capitalism?
Biden has only been in office for a week, numskull. He has already destroyed 75,000 jobs.
Are big bailouts good capitalism or is that another trump fail?
75,000 now is it? Wow the number keeps growing, you have some imagination.
We abandoned free market capitalism at least 80 years ago, so why are you getting anal about it now?
Our situation continues to worsen . Inequality grows, more near monopolies, wage collusion.... meanwhile we can’t hit 3% gdp growth because of it. Much needs fixing. I prefer fixing our capitalism to socialism.
So the more socialism grows in this country, the worse it becomes. Doesn't that give you a clue, NAZI?
It's cronyism that is growing faster. You morons who worship the wealthy and let them have all these monopolies are more the problem than any socialism. Of course it doesn't help you claim to be capitalists and then support trump and his socialist tariffs and bailouts. People don't even know what good capitalism is anymore. Repubs sure have no clue.
That's the problem with you people... you have to make up what other people support. I didn't support the tariffs. I didn't support the bailouts. I didn't support the over spending.
I have been entirely consistent.
Do tell... which of the alternatives want to reduce government, reduce regulations, have a more free market, with lower taxes, and lower government spending, and reducing government programs?
If you can't answer that, then stop complaining like a whiny child, when other options are better than yours.
So you didn't support his policy, but you supported him? That makes a lot of sense. haha
Sure. Yes it does make a lot of sense. Your lack of understanding is the only thing that doesn't make sense.
Say you have two options for employment, and you are going to work for one of them no matter what. One employer say he's going to pay you very little, expect hard work, and a full 8 hour day. The other employer says he's going to have you in a sewer for 10 hours a day, no help, no equipment, and bring your own flash light and batteries, and if you get paid, consider yourself lucky.
Which employer do you work for? The first one. Does that mean you support being paid little, and working hard for a full 8 hours? No. But it is still better than the other option.
I had to choose between Trump, and the left-wing Democrats with Biden. Basically it was either someone who will cut taxes, cut regulations, support 1st Amendment, and 2nd Amendment rights, and religious freedom.... but he over spends, and had that goofy stupid trade war.
Or.... I could support someone who openly wants to end freedom of speech, wants to destroy the 2nd amendment, wants to jack up taxes, increase regulations, destroy jobs any chance he gets, have ridiculous Covid mandates, and destroy every good aspect of the country, while catering to open terrorists.
Gee.... man.... I don't know.... let me think about it.... TRUMP! Trump was the better option, even with his flaws, by an extremely wide margin. He is better than you, better than Democrats, and better than anyone on the left-wing. No question about it.