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We don't have a democracy, it's a Republic system of government. It was designed to stop the "mob" mentality. However, this system is *supposed* to have your elected officials represent you, hence the term "representative". Instead, they (democrats and republicans) represent special interests and not the common constituant.
Whenever the government grows too large and interferes too much it causes problems for the country, and corporations are quick to take advantage of this (who can blame them). The solution is smaller government and less regulation. Instead of capitalism, we have some sort of corporatist/crony capitalist/socialist system.
The socialists are quick to blame capitalism and corporations for economic problems, but the true culprit is the government. The federal government was designed to be a collective power of the states, not to dictate requirements to the states and blackmail them with federal handouts.
Capitalists generally oppose crony capitalism as well, but consider it an aberration brought on by governmental favors incompatible with true capitalism. In this view, crony capitalism is the result of an excess of socialist-style interference in the market, which requires active corporate lobbying to reduce red tape. They point to the relatively higher levels of interaction between corporations and governments that are considered more socialist, taken to its maximum in the form of nationalization of industries.
Economists of the Austrian School are severe in attacking crony capitalism, although in more formal contexts the term "state corporatism" is usually used.
Fiat money requires no amendment. We've had it since the revolution.
We've only had fiat money since 1913. Money was redeemable on demand for gold at any time before then. Even after that until 1971 there was impled gold backing of the currency. The constitution specifically dictates that only gold and silver may be used for currency.
We've only had fiat money since 1913. Money was redeemable on demand for gold at any time before then. Even after that until 1971 there was impled gold backing of the currency. The constitution specifically dictates that only gold and silver may be used for currency.
Please show me where I missed this taking of property part?
Sorry typo 14th Ammendment:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.
Socailism leads drirectly to a permanent under class and a powerful elite class. Look at the soviet union and ploland. In the end if you look at socailist leaning countries like in europe the uner 30 have a high unemploymeny rate. The only socialist or communist countries that have expended in modern times have gone to more market type economies to make these gains. But they still keep the workers at very low wages even considering the countries GDP. That's the way they atract businesses because of their low wages.Look at coutnries like north korea and south korea for a examle of wehst stae ownership brings to teh commnon man.Communism ad socailism are a con to atrqct those that have failed to compete in a democracy because of their own failures or lack of trying.In the end liberal leaders in congress would know what to do with teh oil companies because they can even run their own business efficently.
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