The End Of Free-Market Capitalism As We Know It

if we cut the military budget significantly, we could fund universal health care, universal education, universal basic income, universal ice cream, universal everything...and still keep the capitalist system intact

you cant fight the Chinese virus with the military, my friends!
The military is only 15% of federal spending

if we had no military it would not pay for all the socialism you dream of
Jesus was a socialist, so was MLK and Albert Einstein...arguably the 3 most consequential men in history, along with Senator Sanders!
 
if we cut the military budget significantly, we could fund universal health care, universal education, universal basic income, universal ice cream, universal everything...and still keep the capitalist system intact

you cant fight the Chinese virus with the military, my friends!
The military is only 15% of federal spending

if we had no military it would not pay for all the socialism you dream of
Jesus was a socialist, so was MLK and Albert Einstein...arguably the 3 most consequential men in history, along with Senator Sanders!
Jesus demanded adherence to ethical and moral values. Socialism never can work without them for long.
 
if we cut the military budget significantly, we could fund universal health care, universal education, universal basic income, universal ice cream, universal everything...and still keep the capitalist system intact

you cant fight the Chinese virus with the military, my friends!
The military is only 15% of federal spending

if we had no military it would not pay for all the socialism you dream of
Jesus was a socialist, so was MLK and Albert Einstein...arguably the 3 most consequential men in history, along with Senator Sanders!
Jesus was not a socialist

He is a royalist

And when He claims the throne He wont have to feed lazy welfare bums, because everyone will stop sinning and follow His example
 
if we cut the military budget significantly, we could fund universal health care, universal education, universal basic income, universal ice cream, universal everything...and still keep the capitalist system intact

you cant fight the Chinese virus with the military, my friends!
The military is only 15% of federal spending

if we had no military it would not pay for all the socialism you dream of
Jesus was a socialist, so was MLK and Albert Einstein...arguably the 3 most consequential men in history, along with Senator Sanders!
Jesus was not a socialist

He is a royalist

And when He claims the throne He wont have to feed lazy welfare bums, because everyone will stop sinning and follow His example
RQYF8iw.png
 
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The End Of Free-Market Capitalism As We Know It

Scott Minerd, global chief investment officer at Guggenheim Partners is concerned that America’s predatory capitalism, developed over the past five decades, might not survive the COVID-19 pandemic. Well guys, if your fears come true, it’s your own fault.

Ever since conservatives were convinced that only white collar employees were required for American businesses to flourish, right wingers have opposed higher wages, benefit packages, paid vacations, etc., etc. for the working class.

There were (and still are) those conservatives employed in union shops who have pi$$ed and moaned constantly about paying union dues, and sworn up and down their own positions were indispensable. And, as employees possessing phenomenal skills, they were irreplaceable and their employers knew it. Therefore, union representation was unnecessary because their compensation would be as much, or more, without union interference.

Of course, these same workers ridiculed other blue collar workers as being greedy and overpaid, especially those represented by unions. So, conservatives were thrilled to vote for union busting Republicans. And when Reagan sold them on “Reaganomics” and the beneficial federal programs his administration established to provide Corporate America the funding necessary to send factories to China to exploit the cheap labor there, conservatives were thrilled. At last, the “lazy workers" in America were being punished for their greed and slothful ways, while the “excellent workers” knew their jobs were safe. After all, “excellent workers” had superior skills that no Chinese worker could match.

So, “Trickle Down” reigned as right-wingers showered Reagan with endless praise while they watched high-paying manufacturing jobs (including their own) follow the setting Sun, across the Pacific to the communists. (Remember, it was Nixon who opened China for the 0.1% and Big Business as conservatives cheered his diplomatic accomplishment, even though the RED Chinese government remained our cold war enemy.)

Jumping ahead, we arrive in the closing months of 2019, the soon-to-be-impeached president trump is ignoring reports from heads of several federal agencies, their warnings of the potential pandemic of the coronavirus, the danger it posed to the American public, and the threat of economic upheaval that could result, fall on the impeached president trump’s deaf ears. And, despite the typical denial by the impeached president trump’s devoted fanatics, the experts were correct, and their hero was, and is, wrong, wrong, wrong.

Now, after a$$holes like Scott Minerd rejoiced when the impeached president trump rolled back Obama era regulations that protected Wall Street, the banking industry, and the billionaire class from their own greed, the Scott Minerd-types are worried. Could it be possible their hero’s idiotic response and continued incompetence in handling the COVID-19 pandemic isn’t going to work out? Will passing bills providing American families a few thousand dollars to tide them over for the duration of the pandemic-caused employment crisis be too much. Will passing legislation giving Big Business and the 0.1% multi-trillions-of-dollars be too little?

What ever the results of these handouts, loans, tax cuts, grants, etc., the Scott Minerd-types are deeply concerned “ ‘a populist revolt to address the current massive inequality of income and wealth, will happen. Soon pressure will mount on policymakers to bolster the social safety net and increase things like health care and job security and maybe even institute a guaranteed living wage.’ ”

Imagine the disastrous effects on society a significant reduction in income inequality, poverty, homelessness, etc. would have. A much lower crime rate would be a definite result. And there would be many other benefits to average Americans, which would make life in the U.S. a living he11 for conservatives.

But if history has proven nothing else, it’s that the super-rich are resilient and unprincipled. Years of work and planning were involved crafting an economic system, which adds thousands of people and entire families to the poverty roles each year, while carefully placing obstacles to others trying to join the exclusive 0.1% club. It’s by design that income inequality increases the wealth gap, and at a rate that grows faster each day. And, as conservatives regularly assure themselves, poverty and homelessness are lifestyles chosen by the victims.

In closing, there is a progressive movement to establish voting by mail as an option for everyone. But the billionaire class won’t permit a policy change as simple as voting by mail, since it poses a threat to their control. Progressive demands for addressing inequality will, again, be drowned out by conservatives decrying socialism. So, if the predatory capitalism created by and for the billionaire class does change, it will only change in ways to benefit the 0.1% (Including socialism to further enrich the 0.1%). Scott Minerd, and anyone else concerned for the well-being of the billionaire class, your worries are unfounded. Don’t worry, be happy.

After coronavirus, the U.S. will ‘never return to free-market capitalism as we knew it,’ says Guggenheim’s Minerd








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free market and government controlled capitalism are two different things,,,
 
if we cut the military budget significantly, we could fund universal health care, universal education, universal basic income, universal ice cream, universal everything...and still keep the capitalist system intact

you cant fight the Chinese virus with the military, my friends!
The military is only 15% of federal spending

if we had no military it would not pay for all the socialism you dream of
Jesus was a socialist, so was MLK and Albert Einstein...arguably the 3 most consequential men in history, along with Senator Sanders!
Jesus was not a socialist

He is a royalist

And when He claims the throne He wont have to feed lazy welfare bums, because everyone will stop sinning and follow His example
RQYF8iw.png
He is all those things and more

It is Jesus’ fault that gun hating libs hate Him too?

or that liberal think He wants government to impose socialism at the point of a gun?
 
I'm with ya! We need to raise corporate tax to a hard 80% and the rich should have to pay 90% of what they make over 10 million, and close all loopholes!

We need free food, free housing, free medical services, free internet, and jobs that pay $60,000 per year starting, for everyone.

We need to remove all guns from society, completely ban all fossil fuels and make new laws that can have you put in prison if you say something that offends someone.

We need to make a constitutional ammendment that mail in or electronic voting is the ONLY method of voting and absolutely no ID or proof of citizenship is required.

I'm ready! Make it happen! I can't wait to see what our country looks like in a few short years.

End the filibuster and jam those tax increases and the rest if it down the throats of those bad Republicans! Do it! I'm waiting!!!
 
I'm with ya! We need to raise corporate tax to a hard 80% and the rich should have to pay 90% of what they make over 10 million, and close all loopholes!

We need free food, free housing, free medical services, free internet, and jobs that pay $60,000 per year starting, for everyone.

We need to remove all guns from society, completely ban all fossil fuels and make new laws that can have you put in prison if you say something that offends someone.

We need to make a constitutional ammendment that mail in or electronic voting is the ONLY method of voting and absolutely no ID or proof of citizenship is required.

I'm ready! Make it happen! I can't wait to see what our country looks like in a few short years.

End the filibuster and jam those tax increases and the rest if it down the throats of those bad Republicans! Do it! I'm waiting!!!

You should use a </sarcasm> tag.

You sound EXACTLY like Crepitus
 
So heaven will have us toiling in the fields and singing negro spirituals while we pick cotton?
“Us” meaning you?

are you pretending to be black today?

As for your question I dont know

thats above my pay grade
 
It’s by design that income inequality increases the wealth gap, and at a rate that grows faster each day. And, as conservatives regularly assure themselves, poverty and homelessness are lifestyles chosen by the victims.
From your link:
MW-IF290_guggen_20200427101801_NS.jpg

"Just as the Great Depression wounded the Republican Party so drastically that it didn’t regain power for a generation, so could the coronavirus upend the current dynamics in Washington..."

I suspect next year's midterms will provide the first chance to assess that possibility if Biden divides Democrats the same way Trump split the GOP?
 

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