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.

View attachment 1026177

and here more proof that Democracy works:

View attachment 1026174

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.

 

[Yarddog]

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.

View attachment 1026177

and here more proof that Democracy works:

View attachment 1026174

So when discussing MAGA... folks on the Left here say "when was America ever great?" .... I guess you just called it right?
Thats really all people are looking for with make America great again. Let us make and manufacture things here. As it is over 80% of vitamins you buy are made in China.. and that was a few years ago.

 

[Luckyone]

So when discussing MAGA... folks on the Left here say "when was America ever great?" .... I guess you just called it right?
Thats really all people are looking for with make America great again. Let us make and manufacture things here. As it is over 80% of vitamins you buy are made in China.. and that was a few years ago.

Sounds great BUT the most important thing to everyone (other than the rich) is to be able to pay their bills so they can live without economic problems. That means that buying things at the best price is always at the top of the list

 

[22lcidw]

Sounds great BUT the most important thing to everyone (other than the rich) is to be able to pay their bills so they can live without economic problems. That means that buying things at the best price is always at the top of the list

In truth, if we made most of our stuff, you progs would not have much power as our government would have less social programs and/or paying less in taxes for any of it. You live off of foreign slaves.

 

[Luckyone]

In truth, if we made most of our stuff, you progs would not have much power as our government would have less social programs and/or paying less in taxes for any of it. You live off of foreign slaves.

You truly have a mind that is not clear due to your bias. You should start facing reality. In the lifetime of our world, nothing has ever been perfect, meaning that someone is always using/abusing/taking-advantage-of other people. That is life and it will be that way until this world ends.

You talk about "less social programs and paying less in taxes"? Do you not see that as also using/abusing/taking-advantage-of the less fortunate and helping the rich get richer?

So, on top of being biased, you are a hypocrite as well.

 

[fncceo]

The Right has been conditioned to believe that regulation is the bane of capitalism

It’s the origin of corruption. When your livelihood is dependent on politicians, they have unlimited power to extort from you. You have to pay to work (and play).

“When buying and selling are legislated, the first thing to be bought and sold are legislators”

— P.J. O’Rourke