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Capitalism sucks. Period. I know that may sound shocking, but it's true -- at least of unregulated, laissez-faire "free market" capitalism. It screws the poor and middle class out of a decent living, while enriching the corporations that send our jobs overseas and making the fat cats even fatter. It is a disgusting, evil system based upon greed and avarice. It is based on the lust for more, more, MORE while stopping at nothing to feed that desire.
In a capitalist system, corporate execs will slash thousands of American jobs to add a few pennies to their annual bonuses. They will send skilled jobs to China and Cambodia, laying off American workers and forcing children to work in sweatshops for pennies per day. These soulless organizations will sell out American workers to save a pittance, reaping record profits while we grow more and more desperate. If people here are fortunate enough to keep their jobs, they'll see their wages slashed, pensions cut and benefits scaled back. When unions try to stand up for workers rights, the government moves in to bust the unions in the name of "saving money" (look at what's happening in Wisconsin). However, raising taxes on the rich and corporations is out of the question. The government gives corporate behemoths tax breaks and exemptions and even bailouts while cutting essential services like education and unemployment benefits. It is disgusting.
It's not just about jobs either. Take healthcare. A man works hard, goes to college, and gets a good job with health benefits. If he loses his "good job," he'll be out of luck, becoming one of the millions of uninsured Americans. At least in almost any other developed country, you don't have to worry about lacking health insurance because you lose your job. Also, what of all the people with pre-existing conditions - the private health insurance companies look for ways to deny them.
People keep talking about "high taxes" and how they don't want to pay taxes. I really don't get this. I'd rather pay higher taxes and get better services than save money on taxes and have to fight the corporate machine to get essential services like healthcare. I'd rather tax the living crap out of the rich and corporations to ensure everyone gets a free education, a living-wage job, a home, unlimited unemployment insurance and guaranteed access to free or very low-cost healthcare and prescription drugs.
Don't throw the baby out with the bathwater. Capitalism has extraordinary strengths and is far more effective at turning out products and revitalizing communities than any other system we have.
It just needs to be moderately regulated to keep it in check.
You think a state managed economy is better?
Which systems have survived/thrived?
Soviet Union vs. America
N. Korea vs. S. Korea
East Germany vs. West Germany
China vs. Taiwan
The problem with those countries wasn't that they had state-managed economies, it was that their governments were (are) corrupt. Take away the corruption, and a planned economy will thrive.
You mentioned those countries, what about:
Sweden
Norway
Finland
Denmark
France
Brazil
Canada
How are these countries doing right now? Much better than we were in 2008, that's for sure.
Capitalism causes a temporary economic boom, followed by a deep depression. Socialism provides slower economic growth, but also prevents deep recessions and depressions.
Last edited by northstar22; 03-05-2011 at 09:11 PM..
Reason: grammar
The problem with those countries weren't that they had state-managed economies, it was that their governments were (are) corrupt. Take away the corruption, and a planned economy will thrive.
You mentioned those countries, what about:
Sweden
Norway
Finland
Denmark
France
Brazil
Cuba
How are these countries doing right now? Much better than we were in 2008, that's for sure.
Capitalism causes a temporary economic boom, followed by a deep depression. Socialism provides slower economic growth, but also prevents deep recessions and depressions.
As a person with family living in Cuba. If you think Cuba is doing better then we are. I will buy you a 1 way ticket to move there and you can denounce your citizenship here. Fidel would love you and you might get treated better then the avg cuban that is NOT one of Fidels men
Capitalism causes a temporary economic boom, followed by a deep depression. Socialism provides slower economic growth, but also prevents deep recessions and depressions.
You think Capitalism does that?
Corrupt Government wanting a piece of that pie, causes them
The problem with those countries weren't that they had state-managed economies, it was that their governments were (are) corrupt. Take away the corruption, and a planned economy will thrive.
You mentioned those countries, what about:
Sweden
Norway
Finland
Denmark
France
Brazil
Cuba
How are these countries doing right now? Much better than we were in 2008, that's for sure.
Capitalism causes a temporary economic boom, followed by a deep depression. Socialism provides slower economic growth, but also prevents deep recessions and depressions.
No, our fed and federal government create bubbles through currency manipulation.
As a person with family living in Cuba. If you think Cuba is doing better then we are. I will buy you a 1 way ticket to move there and you can denounce your citizenship here. Fidel would love you and you might get treated better then the avg cuban that is NOT one of Fidels men
I was only talking about Cuba's economy and healthcare system. I agree their human rights record sucks. Fidel sucks. I'd never move to Cuba, because I'm all for democracy.
I was only talking about Cuba's economy and healthcare system. I agree their human rights record sucks. Fidel sucks. I'd never move to Cuba, because I'm all for democracy.
Neither Cubas economy or healthcare system is better than ours..
Let me guess.. Michael Moore fan?
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