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Markets aren't under government control; they are controlled by private for-profit corporations that have systematically ensnared the productive economy in coils of debt over the last forty years.
Actually, capitalism divides society into a pair of vastly unequal cohorts: owners and workers. So, a small minority of the population decides what to produce, where to produce it, and how to distribute any surplus. Additionally, this small percentage of society acquires undue political influence when it purchases the best government money can buy. Wherever you spend your money won't matter in the least to the oligarchs who own your capitalist politicians.
And that is how every economic system works. The difference is that workers can become owners here, under free enterprise----for now. Under your goose-stepping state-owned utopia, workers are workers forever and a hand full of elites are the only owners.Actually, capitalism divides society into a pair of vastly unequal cohorts: owners and workers
So, a small minority of the population decides what to produce, where to produce it, and how to distribute any surplus.
How much money did the capitalists earn from destroying Bengal?
How does any economy grow as fast as exponential debt?The economy can't pay its debt? How does an economy even borrow?
What does the economy borrow from......the economy?
simple,,How does any economy grow as fast as exponential debt?
It can't.
https://projects.iq.harvard.edu/fil...-_is_capitalism_compatible_with_democracy.pdf
"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners.
"Capitalism is not democratic, democracy not capitalist.
"During the first postwar decades, tensions between the two were moderated through the socio-political embedding of capitalism by an interventionist tax and welfare state.
"Yet, the financialization of capitalism since the 1980s has broken the precarious capitalist-democratic compromise."
Reagan's tax cuts facilitated low interest rates and financial bubbles to promote US financial expansion by making real estate speculation and junk-bond corporate takeovers effectively exempt from income taxation.
This set in motion a chain-reaction of asset price inflation that is still polarizing this economy today.
The primary mode of accumulation has become financial, enabling investment bankers to replace government planners.
How does any economy grow as fast as exponential debt?
It can't.
Capitalism depends on socialism to bail it out. Capitalists privatize the profits and socialize the losses.
What bails out socialism?
What bails out socialism?
Thats why the US is a republichttps://projects.iq.harvard.edu/fil...-_is_capitalism_compatible_with_democracy.pdf
"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners.
"Capitalism is not democratic, democracy not capitalist.
"During the first postwar decades, tensions between the two were moderated through the socio-political embedding of capitalism by an interventionist tax and welfare state.
"Yet, the financialization of capitalism since the 1980s has broken the precarious capitalist-democratic compromise."
Reagan's tax cuts facilitated low interest rates and financial bubbles to promote US financial expansion by making real estate speculation and junk-bond corporate takeovers effectively exempt from income taxation.
This set in motion a chain-reaction of asset price inflation that is still polarizing this economy today.
The primary mode of accumulation has become financial, enabling investment bankers to replace government planners.
All trueCapitalism is what allowed our country to develop into the greatest country in the world. Central planning would have sentenced us to a perpetual state of poverty, shortages, distrust, no freedom and a total dependence on government followed by economic collapse and chaos. You people who would rather be a part of the "collective" should pick one of those great Marxist destinations and go there. It'll be good for your head.
The little people who pay taxes.
Fuck all the blurry bullshit and story telling...Cut to the chase and just say it...YOU WANT YOUR FREE SHIT!https://projects.iq.harvard.edu/fil...-_is_capitalism_compatible_with_democracy.pdf
"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners.
"Capitalism is not democratic, democracy not capitalist.
"During the first postwar decades, tensions between the two were moderated through the socio-political embedding of capitalism by an interventionist tax and welfare state.
"Yet, the financialization of capitalism since the 1980s has broken the precarious capitalist-democratic compromise."
Reagan's tax cuts facilitated low interest rates and financial bubbles to promote US financial expansion by making real estate speculation and junk-bond corporate takeovers effectively exempt from income taxation.
This set in motion a chain-reaction of asset price inflation that is still polarizing this economy today.
The primary mode of accumulation has become financial, enabling investment bankers to replace government planners.
The “little people” don’t pay income taxes....nearly 50% of Americans pay nothing ...Get your pet bottom feeders contributing and the problem is solved .The little people who pay taxes.
So it's like capitalism, with more failure and less success.
Bush and Obama were the same. But Trump was a president for the people. That's why Bush, Obama and the rest of the establishment hate him so much. It's also why the people who aren't addicted to the MSM think he's great in spite of the fact that he's a narcissist. The real power in this country seems to insist that we elect dogshit Presidents like Bush, Obama and Biden. And in the event Harris ever sees the Presidency, the bar will be lowered even more.If 8 years of George W Bush followed by 8 years of Barack Obama hasn't taught us the lesson Democrats and Republicans in Washington DC are the same, then we'll never learn.
Or did it teach us that it doesn't matter who's president ?
