"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."
Did a better job than communism, eh comrade?
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"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."
"Economic democracy is another term for communisms." It can't possibly work."You can't have meaningful political democracy without functioning economic democracy."
It did, turd.During its early development many believed capitalism made things better:
Treating human labor as a commodity may have complicated the process?
READ: Capitalism and Slavery (article) | Khan Academy
"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."
Biden is the most corrupt POTUS in history, moron.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
Wrong again, moron.Slavery created capitalism.
Dunce.
CREW is a Soros created commie propaganda operation.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."
Your free to go elsewhere if you don't like what you're paid.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.
Slavery and capitalism are blood relatives:By the way, shit for brains, slavery laws are regulations. Slavery and capitalism are mutually exclusive.
Slavery and capitalism are blood relatives:
Master/slave
Lord/serf
Owner/employee
"The Sacred Texts. The Principle of Worldview.
"In the worldview of corporate financial statements, the aim is to pay stockholders as much as possible, and employees as little as possible."
Slavery and capitalism are blood relatives:
Master/slave
Lord/serf
Owner/employee
"The Sacred Texts. The Principle of Worldview.
"In the worldview of corporate financial statements, the aim is to pay stockholders as much as possible, and employees as little as possible."
Indeed. They know how to run a totalitarian government properly! You must be jealous.Maybe China knows something you don't?
That's more or less what we have now.Are you anxious for corporate script?
LOL- Bitcoin removes state control of the currency for the authoritarian's toolbox. Of course leftists hate it.
Reagan's "Big Lie" was trickle-down economics.Reagan is a political genius, a great president under whom America really was great
Reagan's "Big Lie" was trickle-down economics.
The last forty years should have shown everyone how well that worked out for 99% of Americans:
The 40-year con of trickle-down Reaganomics: Why Republican's toxic class warfare only spreads poverty | The Milwaukee Independent
"The core idea of Reaganomics is that if we give huge tax cuts and multi-billion-dollar subsidies to billionaires and giant corporations, that will 'incentivize' these “job creators” to expand the economy and raise prosperity all around for everybody..."
"A recent study from the London School of Economics has now totally debunked the Reaganomics notion that tax-cuts for rich people incentivize them to 'create jobs' or lead to economic growth.
"In fact, such tax cuts only serve one single purpose: to move more of a nation’s income and wealth from the bottom 99% up into the money bins of the morbidly rich."
Reagan never used the term "trickle down," jackass. Your description of Reagan's policy is a flat out lie.Reagan's "Big Lie" was trickle-down economics.
The last forty years should have shown everyone how well that worked out for 99% of Americans:
The 40-year con of trickle-down Reaganomics: Why Republican's toxic class warfare only spreads poverty | The Milwaukee Independent
"The core idea of Reaganomics is that if we give huge tax cuts and multi-billion-dollar subsidies to billionaires and giant corporations, that will 'incentivize' these “job creators” to expand the economy and raise prosperity all around for everybody..."
"A recent study from the London School of Economics has now totally debunked the Reaganomics notion that tax-cuts for rich people incentivize them to 'create jobs' or lead to economic growth.
"In fact, such tax cuts only serve one single purpose: to move more of a nation’s income and wealth from the bottom 99% up into the money bins of the morbidly rich."
Finance capitalism works by extracting wealth from the productive economy. Workers and businesses are strangled by debt while bankers and bondholders focus on short-term (3 months) profit margins while ignoring externalities like income inequality and climate crisis.All your economic fictions are childish. You have no idea how finance works, and the bubbles just began to inflate later, starting with the dot-com bubble.
The dollar is the world's reserve currency, its inflation does not depend on the US economy
Neither of which qualify as "externalities."Finance capitalism works by extracting wealth from the productive economy. Workers and businesses are strangled by debt while bankers and bondholders focus on short-term (3 months) profit margins while ignoring externalities like income inequality and climate crisis.
America’s Path To A FIRE Economy
The last time anything remotely resembling leftists seized power in the US was 1932 after conservative Republicans crashed the global economy. The left saved capitalism and democracy, and rich fascists then spent the next 50 years planning their revenge.Roughly speaking, without going into details, the dollar depreciates when the United States is in the shit and ceases to be a global autority ority, as is now happening when the left has seized power and purposefully destroys the United States.
Finance capitalism works by extracting wealth from the productive economy.