It's really a shame that kids today aren't being properly educated about Capitalism (wage, deaths)

[sickofnyc]

Originally Posted by GABESTA535

I blame Wall Street. It's incompetence soured an entire generation. And how did the bankers, businessmen, and politicians respond? Instead of responding to people's desire for more regulation of their activities (due to millions losing their savings and retirement), they bribed the politicians to loosen their regulations and tax rates even more and the politicians bent over backwards for them.

Privatize the Profits/Socialize the Losses

And that is what numbskulls call Capitalism.

[PedroMartinez]

It's a shame that people are too ignorant to realize growing income gaps aren't a problem as long as most everyone is seeing their lives improve.

From Back To The Future:

"Do you have a television?"

"Yeah, we have two of them."

"You must be rich."

[kanonka]

Originally Posted by sickofnyc

Privatize the Profits/Socialize the Losses

And that is what numbskulls call Capitalism.

This.
Plus, everybody these days invent their own definition of the words.

[Eumaois]

Fox News educating about capitalism is a bit funny seeing as how their namesake, film producer William Fox, was a socialist from 12-15.

[jbtornado]

Originally Posted by PedroMartinez

It's a shame that people are too ignorant to realize growing income gaps aren't a problem as long as most everyone is seeing their lives improve.

From Back To The Future:

"Do you have a television?"

"Yeah, we have two of them."

"You must be rich."

You are going to quote a movie from 30 years ago to talk about how "rich" people are?

[Cape Cod Todd]

The problem is that Capitalism is associated with rich white men and in today's Liberal/Lefty run schools you might as well tell the kids that Hitler was a capitalist.... I do wonder if the kids know about Hitler since they don't teach about WW2 anymore but anyways the point is that anything associated with capitalism is tied to rich white racist men... like Trump.. or so they are teaching.







A few weeks back I saw my 9 year old Niece and she saw a Trump thing at my house and she said "I hate him". I asked her why and she didn't know why but she does? I wonder where she learned that?

[desertdetroiter]

Kids today?

You mean kids today, yesterday, yesteryear, and decades and decades before that. And even before THEN.

The average adult American regardless of age is clueless not just about capitalism, but every other “ism” except escapism, self absorbed individualism, absolutism, pyrrhonism, romanticism, logicism and irrationalism. Those “isms” are very common.

But capitalism? Ehhh..no. We’ve got several generations of fools that think tax cuts spur economic growth. That’s called idiotic economic conservatism. .

[serger]

Originally Posted by PedroMartinez

It's a shame that people are too ignorant to realize growing income gaps aren't a problem as long as most everyone is seeing their lives improve.

From Back To The Future:

"Do you have a television?"

"Yeah, we have two of them."

"You must be rich."

Yeah, especially if your improvement metric is the number of televisions.



Now, if you check on some other items, you know the pesky stuff, like healthcare, higher education, childcare, etc., suddenly things change a bit..

[Northman83]

The US, which has tried to go full blown capitalism since the 80s... MUCH MUCH more then any other 1st world country.

What happened..

Wage stagnation
Jobs offshored
Worker rights attacked
Unions busted
Healtcare costs exploded
Schooling costs exploded
Pharmaceuticals costs exploded

And the top 0.01% has gained Trillions in income, while the 99% has had a lower lower standard of living.



Other 1st world countries?
Wage increase
Unions stronger
Healthcare costs under control
Schooling costs under control
Pharmaceutical costs under control.

[sickofnyc]

Originally Posted by Northman83

The US, which has tried to go full blown capitalism since the 80s... MUCH MUCH more then any other 1st world country.

What happened..

Wage stagnation
Jobs offshored
Worker rights attacked
Unions busted
Healtcare costs exploded
Schooling costs exploded
Pharmaceuticals costs exploded

And the top 0.01% has gained Trillions in income, while the 99% has had a lower lower standard of living.



Other 1st world countries?
Wage increase
Unions stronger
Healthcare costs under control
Schooling costs under control
Pharmaceutical costs under control.