Extreme Capitalism/Power can lead to a "Poorer Society"!

[22lcidw]

Too much power in the hands of the few, especially if there are no restrictions or controls of that power, will lead to a poorer society.


History has shown this to be true. Here is the perfect proof of that. The statistics do not lie:

Was the US economy good in the 1950s?

By the mid-fifties, the US manufactured 2/3 of all the world's goods. Unemployment was very low, personal income doubled and individual purchasing power jumped significantly. It was a decade of prosperity: the American Dream was becoming a reality.

and

When was the golden age of the US economy?

The Golden Age of Capitalism spanned from the end of the Second World War in 1945 to the early 1970s, when the Bretton Woods monetary system collapsed. It was a period of economic prosperity with the achievement of high and sustained levels of economic and productivity growth.

This was the era where the rich were taxed much higher than today and has less power than today. Where Democracy was at its best.

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and here more proof that Democracy works:

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The rest of the world retooled after WW2. And they became more efficient and some nations-built products better.

 

[LordBrownTrout]

Are you serious? Are you using your mind?

Why don't we just simply become a nation with no government and each of us accomplish what we need (education, health, infrastructurem, etc) by ourselves. Let the strong win and the week get destroyed, right?

Nope, thats not what I said. They need to do more with less. They've leeched off the people for too long. Im confident that you can't grasp that.

 

[carloz]

Homemade charts are funny.

 

[Luckyone]

Nope, thats not what I said. They need to do more with less. They've leeched off the people for too long. Im confident that you can't grasp that.

You are asking the impossible. You are asking humans to be inhuman gods. You are living in a fantasy world where miracles occur.

Why don't you come back to reality and works with what is and go from there?

 

[Luckyone]

Homemade charts are funny.

Which chart are you referring to?

 

[carloz]

Which chart are you referring to?

Yours, funny girl.

 

[LordBrownTrout]

You are asking the impossible. You are asking humans to be inhuman gods. You are living in a fantasy world where miracles occur.

Why don't you come back to reality and works with what is and go from th saying that

You are asking the impossible. You are asking humans to be inhuman gods. You are living in a fantasy world where miracles occur.

Why don't you come back to reality and works with what is and go from there?

Its our govt that needs to come to reality. Let's go from there.

 

[LeroyDumonde]

First of all:

The government needs more income now than in 1980 primarily due to increased spending on social programs like Medicare and Social Security as the population ages, rising healthcare costs, advancements in technology requiring increased infrastructure investment, and a larger overall population, all contributing to a greater need for government revenue to fund essential services.

In addition, the income inequality has exploded. Percentage-wise, the rich are contributing less now than they were contributing in 1980. This means that Americans are receiving less of the talent that the rich offer now than then. That is a negative to the nation.

This is a nation and not a place for the few to use. We should be acting as a team and not as a stepping stone for the few

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You're intentionally missing the point. Taxes have not decreased.

 

[Luckyone]

You're intentionally missing the point. Taxes have not decreased.

Tax income of the government has been 40% since 1980. Government tax income needs have increased 55%. That is a 15% deficit of what the government needs from 1980 to 2024.

 

[fncceo]

Too much power in the hands of the few, especially if there are no restrictions or controls of that power, will lead to a poorer society

That applies to Capitalism, Communism, Fascism, or any other “ism” people claim will make the world better.

The problem isn’t the system … the problem is we accept and even expect that those we give power to sit above us and lead us will actually help us.

The sheep adore the shepherd and pay no attention to where he leads us as long as we’re fed and protected.

 

[Luckyone]

That applies to Capitalism, Communism, Fascism, or any other “ism” people claim will make the world better.

The problem isn’t the system … the problem is we accept and even expect that those we give power to sit above us and lead us will actually help us.

The sheep adore the shepherd and pay no attention to where he leads us as long as we’re fed and protected.

Nonetheless, that is why this country is great, because we have a Constitution, which if respected and followed as it has been for most of the nation's life, we control all extremes.