Bernie gets rousing applause from young people at UK's Oxford Union: study found that from 1975 to 2018 $50Trillion moved from bottom 90% to to top 1%

basquebromance

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people in the audience were encouraged to buy the book after the event was over, which is a kind of capitalism if you think about it

 
'the rich get richer, the poor get poorer'


~S~
 
"Are you really free if you are deprived economically? Are you free if you are spending half your income in housing? Are you free if you do not have a job that pays you a living wage? Economic rights are human rights." - Bernie Sanders
 
Capitalism is using wealth to make more wealth. It should not be confused with free enterprise.
 
So, poor people can't participate in capitalism?


LOL
If you can't afford to invest money in stocks and bonds or some other business venture you are not participating in capitalism.
 
If you can't afford to invest money in stocks and bonds or some other business venture you are not participating in capitalism.

cap·i·tal·ism
[ˈkapədlˌizəm]

NOUN
  1. an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state:
 
cap·i·tal·ism
[ˈkapədlˌizəm]

NOUN
  1. an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state:
By your definition if you do not control any trade or industry you are not a practicing capitalist. Most of us have to settle for selling our time and labor to capitalists.
 

study found that from 1975 to 2018 $50Trillion moved from bottom 90% to to top 1%​



So, the bottom 90% love what the top 1% is producing and selling?!?

Who knew? :safetocomeoutff:
 
By your definition if you do not control any trade or industry you are not a practicing capitalist. Most of us have to settle for selling our time and labor to capitalists.

The participating part is in the profit. Who do you think is contributing to that profit?

Private owners couldn't make a profit if their product didn't sell. Duh.
 
The participating part is in the profit. Who do you think is contributing to that profit?

Private owners couldn't make a profit if their product didn't sell. Duh.
As I said, free enterprise should not be confused with capitalism.
 
'the rich get richer, the poor get poorer'


~S~
And the democrats rule with a rod of iron.

In Bernie Sanders Venezuela, the super rich are even less than 1%, which is what socialism is all about as everyone else eats out of garbage cans.
 
people in the audience were encouraged to buy the book after the event was over, which is a kind of capitalism if you think about it


Bernie talks a good game but than does exactly as the oligarchy demands. He’s a proven fraud.
 
If you can't afford to invest money in stocks and bonds or some other business venture you are not participating in capitalism.
Everyone can afford to invest something.
 

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