Banksters are the worker's best friend. They keep their money safe, and even pay interest (<1%) and loan other peoples money out too. Yet, how much do they charch for credit? 12,15,18 and more percent! Isn't capitalism great, for Banksters and the investment class. Not so much for small businesses and individuals those who rarely turn one dollar in 12, 15, 18 and more.
^ Has absolutely zero private sector experience
Really? How do you know? Well, you don't know much, and in this case you demonstrate what a fool you are. I don't need to own a bank, or work in a bank to have experience with banks and mortgage brokers (which I why I use a credit union and buy property's with the aid of a mortgage banker I know and trust).
Anyone who has bought property knows the profit built into the documents they sign, priced way beyond their actual value. Anyone who has bought a car, knows the closer will try to sell add ons making the cost 5 to 10 percent higher than the original price.
When such items are refused, the car will not be available for a couple of days so they can remove, for example, the four bolts holding on the $350 mud flaps.
I know because we both know you don't know dick about the private sector. You're making shit up, just repeating stupid Marxist phrases and ideas.
Banksters? Seriously?
No moron, I'm not parroting Marx or anyone else. If I use a quote from someone else, I put it in quote marks and provide a link to the source. Unlike idiots and fools like you, who call anyone who criticizes capitalism a Communist, a conclusion built on a bed of ignorance and framed by bigotry.
Communism is a theory whose time has long passed. Much like the Republican Party, a political movement cannot last long when what is promised is never produced.
Our economic system needs reform, not replacement. All of us need to recognize that the greater threat to our political and social structure is not Communism, it is the movement to make our mixed economy into one with less and less oversight, and concentrating more and more of the wealth into the hands of the few.
Exactly. 'Communism' is this vague boogeyman being used almost exclusively by people that have no idea what it is, or how its implemented. They talk of the 'incrementalism' of communism. Despite the fact that communism is never been implemented in such a fashion, but always suddenly through revolution. Ask them to describe communism, and they get vaguer still. "Communism' is just another pejorative to many of the folks that drop the term.
The dangers to our liberties faced today have nothing to do with 'communism', but instead the vast political and private power consolidate into very few individuals. There are studies of our recent history that demonstrate that
the will of the average american has no statistical relationship to political and legislative policy outcomes. While the will of well financed special interest groups and the wealthy have a powerful stastical relationship. You could make a strong argument that right now, we're an oligarchy.
Any concentration of power will be abused unless checked by one of two possible methods: 1) Other centers of power to balance it 2) Power being made ridiculously difficult to exercise through diffusion.
And despite the vast political and private power wielded by a mere handful of citizens, many on the right argue that they should have greater influence on our politics, with fewer restrictions on private power and the dismantling of most if not all of the regulations that limit the application of such power. Concentrated power will be abused. And concentrating power in fewer hands will simple lead to more abuse.
This is not complicated. This has vast historical precedent.
We are a Plutocracy in the making (given the millionaires in Congress, many argue we have already become one, and as more efforts are made to shrink government (drown it in a bathtub) and thereby create a private sector which polices itself. A system of governance capable of becoming as dystopian as any produced by the Communist Regimes.
And here's the part that's astonishing: the economy does better under regulated capitalism. The recessions are shorter and less severe, the expansions are longer, there is greater wealth for everyone. The environment does better under regulated capitalism. We have clearer air, cleaner water, greater prosperity, longer life spans, and more wealth. And of course a more thriving middle class.
The private sector without restraint is wildly unstable. With greater periods of economic recession and depression, more severe periods, fewer and shorter periods of economic expansion, greater environmental damage, and a shrinking middle class.
Why would anyone, even the rich want the latter over the former?
