Capitalism is NOT Democratic: Democracy is NOT Capitalist

[bripat9643]

The public had nothing to say about capitalism's decision to send millions of middle-class US jobs out of the country over the past 40 years.

Over the course of the Covid crisis, half of US workers were laid off yet Wall Street goes UP by 50%.

The Federal Reserve pumped $4 trillion into Wall Street (20% of US GDP); what input did the public have on that decision.

Where would capitalism be today without that subsidy?

Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs - Bob Pollin

That wasn't capitalism's decision. It was a Democrat decision.

 

[struth]

The public had nothing to say about capitalism's decision to send millions of middle-class US jobs out of the country over the past 40 years.

Over the course of the Covid crisis, half of US workers were laid off yet Wall Street goes UP by 50%.

The Federal Reserve pumped $4 trillion into Wall Street (20% of US GDP); what input did the public have on that decision.

Where would capitalism be today without that subsidy?

Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs - Bob Pollin

hahah of course they did

1) they elected the people that created policies that made it more advantageous for businesses to do that. Moreover, they bought the products and demanded higher labor cost, but lower prices
2) that’s no surprise, Cuomo and Newsom shut down the businesses on Main Street…not the Amazons on the world that are publicly traded

Just because people are laid off, doesn’t mean people are buying and selling stocks and investing in the market…likely actually a good time to look at your investments when you are laid off. While Newsom can shut a bakery down, and Fin Advisor he can’t. They still have clients they owe a duty to, and they can work from home

 

[danielpalos]

The public had nothing to say about capitalism's decision to send millions of middle-class US jobs out of the country over the past 40 years.

Over the course of the Covid crisis, half of US workers were laid off yet Wall Street goes UP by 50%.

The Federal Reserve pumped $4 trillion into Wall Street (20% of US GDP); what input did the public have on that decision.

Where would capitalism be today without that subsidy?

Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs - Bob Pollin

We could have solved simple poverty on an at-will basis in our at-will employment States, yesterday but for the right-wing having a problem that the Poor may benefit under our form of Capitalism.

 

[progressive hunter]

A democracy can't exist without free speech.

Freedom of speech - Wikipedia

"Freedom of speech is understood to be fundamental in a democracy..."

"One of the most notable proponents of the link between freedom of speech and democracy is Alexander Meiklejohn.

"He has argued that the concept of democracy is that of self-government by the people.

"For such a system to work, an informed electorate is necessary. In order to be appropriately knowledgeable, there must be no constraints on the free flow of information and ideas."

Why are you afraid of an informed electorate?

thats funny,,
I am on another thread right now with a moron with TDS saying trump needs to be silenced,,

 

[georgephillip]

And it's a stupid goal to begin with. Society has far more control over the economy via the market, than they would with ubiquitous democracy, where only the interests of the majority prevail.

Your childish faith in "the market" apparently blinds you to the fact the richest participants use government to control every market they enter:

The logical solution is to use government to decrease the power of oligarchs.

Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs - Bob Pollin

"Wall Street is massively subsidized beyond people’s belief.

"The fossil fuel companies are massively subsidized right now.

"And those are the things that once we factor those in and our understanding of those, that’s how you can, and it’s the only way that you can explain the fact that when we had the COVID crisis, half of the U.S. workforce was laid off over the course of 12 months and were getting unemployment insurance.

"At the same time, Wall Street goes up by 50%.

"Never happened.

"Nothing like that has ever happened."

Do you believe a majority of US voters believe Wall Street speculators should profit when 50% of productive Americans go on unemployment insurance?

 

[georgephillip]

Nothing is stopping workers from forming their own collective enterprises, moron. If that form of management is so superior, then why aren't worker collectives taking over the economy?

Because government subsidizes top-down capitalism like what's seen on Wall Street and fossil fuels while refusing to extend the same entitlement to worker self-directed enterprises. The solution is to replace 90% of congress who form the best government money can buy.

 

[bripat9643]

Because government subsidizes top-down capitalism like what's seen on Wall Street and fossil fuels while refusing to extend the same entitlement to worker self-directed enterprises. The solution is to replace 90% of congress who form the best government money can buy.

Utter horsesit. You believe worker managed enterprises don't use fossil fuels?

More proof that you're an idiot.

 

[dblack]

Your childish faith in "the market" apparently blinds you to the fact the richest participants use government to control every market they enter:

I have zero "faith" in the market. I just prefer freedom. Plus I think trying to run an economy "democratically" is fucking stupid. We don't need to apply your precious majority rule to every goddamned thing.

 

[Toddsterpatriot]

"The fossil fuel companies are massively subsidized right now.

Liar.

 

[georgephillip]

by invoking Chomsky you've shown the truth depth of your idiocy.

"You can't have meaningful political democracy without functioning economic democracy."

 

[georgephillip]

says the man that got rich off of capitalism in our Republic, in our great country of liberty
chomsky is an asshole

Why do you hate smart Jews?

Noam Chomsky Net Worth

"Noam Chomsky Net Worth: Noam Chomsky is an American philosopher, scientist, activist, and linguist who has a net worth of $5 million. Born Avram Noam Chomsky in 1928 in Philadelphia, Pennsylvania, Noam Chomsky is considered to be the Father of Modern Linguistics. Chomsky was fascinated by international relations and politics from a young age and began studying at the University of Pennsylvania, earning his undergrad and graduate degrees."

 

[georgephillip]

Currency that isn't controlled by government is the goal. To the extent that crypto is able to accomplish that, it's definitely an improvement.

Are you anxious for corporate script?

What Do Other Leftists Think About Blockchain? - The Blockchain Socialist

"The interviewer asks Wolff if he thinks that blockchain would be useful and his thoughts on cryptocurrency.

"Wolff thinks blockchain could be useful but is very against cryptocurrency because he sees it as a tool for companies to get around regulations and lead to a repeat of the disjointed 1800s American banking system where each state bank distributed its own currency (called scrip) but instead the multinational companies of today."

 

[elektra]

Why do you hate smart Jews?

Noam Chomsky Net Worth

"Noam Chomsky Net Worth: Noam Chomsky is an American philosopher, scientist, activist, and linguist who has a net worth of $5 million. Born Avram Noam Chomsky in 1928 in Philadelphia, Pennsylvania, Noam Chomsky is considered to be the Father of Modern Linguistics. Chomsky was fascinated by international relations and politics from a young age and began studying at the University of Pennsylvania, earning his undergrad and graduate degrees."

Why are you low life fucking worm who acts as a bigot putting words in my mouth that I did not state.
You post all kinds of crap and then you post a little shit turd like this that shows everyone who you are exactly. I never said I hated smart Jews but you label me as such. Just like a lousy bigot.

georgephillip, the bigot, bigotry and stereotyping goes hand in hand, calling other's hateful points the finger at yourself georeethelip.

bigots suck as georgethelip accuse others of hate, when it is them that hate, bigots make assumptions and base their opinions on their own prejudices which is what georgthelip does. bigoty and stereotype and hating people and lying about what they say, that is what the democrats did when they were the kkk. Human nature does not change.

georgethelip likes people to hate himself, that way georgy can be the victim and call everyone hateful. gorgethelip makes this posts cause he loves to hate and play the victim.

what a piece of shit worm,

chomsky is commie rat that hates america, chomsky's words and writings states that without the bullshit of his defenders

 

[georgephillip]

China just banned crypto, because they can't control it.

Maybe China knows something you don't?

 

[georgephillip]

Wrong, asshole. Changing the definition of slavery will not make your idiocies sound any more plausible.

Wage slavery describes a situation where a person's livelihood depends upon wages or salary, i.e., work for whatever your owner decides to pay you or starve.

 

[georgephillip]

The main reason I voted for Trump is that he's not Biden. The investigations into Trump are all politically motivated. They prove nothing except that Dims are unscrupulous scum.

Trump was a life-long unscrupulous Democrat before deciding to run for POTUS. His entire life has been marked by corruption and scandal. His presidency was the most corrupt in US History, so naturally you support him.

President Trump’s legacy of corruption, four years and 3,700 conflicts of interest later - CREW | Citizens for Responsibility and Ethics in Washington

"Next week marks the end of Donald Trump’s term as President. In his wake, he will leave behind a legacy of profound corruption and egregious conflicts of interest, the repercussions of which will echo for years after he is gone.

"In the last four years, Trump has flouted all kinds of norms set by previous presidents, starting with his decision not to divest from his business interests while in office, setting the stage for what became an administration marked by placing self-interest and profiteering at the highest levels above the public interest and culminated in a deadly insurrection that was rooted in the same self-serving ethos."

 

[georgephillip]

How does that prove that capitalism created slavery? Here's a clue for you, moron: it didn't

Slavery created capitalism.
Dunce.

 

[georgephillip]

the issue is the corrupt politician like xiden taking the money. i can’t get all that worked up over a person knowing they can get what they want because the dembots were dumb enough to put a corrupt person, with a near half century of public corruption in office

Anyone gullible enough to vote for the most corrupt POTUS in US History really shouldn't complain about Biden's crime family.

President Trump’s legacy of corruption, four years and 3,700 conflicts of interest later - CREW | Citizens for Responsibility and Ethics in Washington

 

[struth]

Anyone gullible enough to vote for the most corrupt POTUS in US History really shouldn't complain about Biden's crime family.

President Trump’s legacy of corruption, four years and 3,700 conflicts of interest later - CREW | Citizens for Responsibility and Ethics in Washington

i didn’t vote for the clintons

 

[georgephillip]

Few today realize that the ports of Rhode Island were hubs for slave ships. Ships from RI transported a lot of the slaves who reached the Caribbean. In the 13 colonies, only Charleston SC was a bigger slave port.

During its early development many believed capitalism made things better:
Treating human labor as a commodity may have complicated the process?

https://www.khanacademy.org/humanit...tems-betaa/a/read-slavery-and-capitalism-beta

"Between about the fifteenth and the eighteenth centuries, networks of production and distribution became larger and more complex than ever before.

"Maritime empires and large corporations like the Dutch East India Company helped to spread practices like bonds and joint-stock companies.

"This set the stage for the modern economic system of capitalism.

"The proponents of capitalism believed that free markets in goods and labor and the ability to invest money for profit would make the world a better place."