☭proletarian☭;1902450 said:
You want an education regarding economics, PC? Read Engels, Marx, Ludwig von Mises, Thomas, E. Woods, Garrison, Jevons, your choice of material from
this list, and that dimwit Keyens. Hell, ifyou really wantsome laughs, read that retard Ricardo or whatever his nam,e was.
It will easily become apparent who knew what they were talking about (mostly the Austrians, although Marx, Engels, and others provide valid warnings about why the capitalist beast must always be muzzled.)
America has succeeded not because of unabashed capitalism, but because the capitalist beast ias kept muzzled and upon a short leash. Left alone, this beast enslaves, oppresses, and exploits the common man to line the pockets of the capitalist and the politician. Neocolonialism and its sister Globalism are the natural spawn of capitalism left to its own devices. To achieve a prosperous and egalitarian civilization, the market must be watched closely, the capitalist must be ever under the threat of having his head removed, the records of the bankers must be forcefully put into the open for all to review, the State and the Union must stand beside the labourer in order to ensure his safety. Those who use cadmium and lead in their products must be forcefully imprisoned or denied any right at all to to enter the market.
Only then can any but the bourgeoisie be safe, secure, and prosperous in what necessarily must become pseudo-capitalist society.
Nicely written.
I kinda' liked reading that.
But glaring errors in concept.
"...exploits the common man to line the pockets of the capitalist..."
One would have to work long and hard to be even more incorrect.
You see, we, the people of America, are the capitalists of which you speak. 97% of millionaires earned their money. Pension systems are invested in the stock market.
"Marxism rested on the assumption that the condition of the working classes would grow ever worse under capitalism, that there would be but two classes: one small and rich, the other vast and increasingly impoverished, and revolution would be the anodyne that would result in the “common good.” But by the early 20th century, it was clear that this assumption was completely wrong! Under capitalism, the standard of living of all was improving: prices falling, incomes rising, health and sanitation improving, lengthening of life spans, diets becoming more varied, the new jobs created in industry paid more than most could make in agriculture, housing improved, and middle class industrialists and business owners displaced nobility and gentry as heroes.
These economic advances continued throughout the period of the rise of socialist ideology. The poor didnÂ’t get poorer because the rich were getting richer (a familiar socialist refrain even today) as the socialists had predicted. Instead, the underlying reality was that capitalism had created the first societies in history in which living standards were rising in all sectors of society.
Most intellectuals today are aware of what communism, socialism, totalitarianism, or any central command-and-control doctrine has done in Russia, under MaoÂ’s reign of terror, or Cuba or other grotesque examples. Yet great numbers of them will use every excuse to avoid attributing the problems to their economic systems. Even a superficial comparison of North and South Korea, East and West Germany before the Berlin Wall fell, Hong Kong and Mainland China before reforms, or Cuba and other countries in Latin America, demonstrate that free economies are superior at promoting the common good. And yet the mystification continues. Socialist true believers have the power to cloud their own minds.
Older socialists dreamed of a world in which all classes would share in the fruits of the world. Yet when a permutation of this emerges, it is resented if it represents capitalism. An institution beyond the imaginings of socialists of old: Wal-Mart. Within Wal-Mart we see a cornucopia of goods designed to improve human well-being, at prices that make them affordable for all. Millions of jobs are created, and prosperity is spread throughout areas where it was sorely needed. An entity owned by share-holders, people of mostly moderate incomes who have invested their savings, worker-capitalists."
https://www.hillsdale.edu/news/imprimis/archive/issue.asp?year=2007&month=05