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There has not been any "capitalism" in the USA since 1935.
What you are objecting to are the abuses of usurers and limited liability corporations - which are NOT capitalism, btw.
How so?
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(Adam Smith was a shill for usurers. In his book, "The Wealth of Nations", he basically apologized for the shearing done by usurers.)
A farmer who absolutely owns his land is enjoying capitalism.
A worker who absolutely owns the fruits of his labor is enjoying capitalism.
A factory owner who absolutely owns his factory is enjoying capitalism.
Capitalism only means the PRIVATE ownership of the tools of production - land, labor, tools, etc.
So a farmer needs to own the material needed to make his tools, as well as the machines (let a lone the material needed to make the machines fabricate the tools) to work the land he also owns? Should the farmer also be a cow in order to be a dairy farmer? Because if the dairy farmer is not producing the tool from which he gains his wealth, in order to fit your strange version of capitalism, he should be a cow too.
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On the other hand, predators like usurers, call themselves "capitalists" to hide their vile trade.
(For over 3500 years, usurers have been denounced. Every religion denounces and condemns usurers. Ezekiel 18:13 KJV states that they're under a death sentence! Of course, usurers are not nice people...)
Loan sharks? Maybe. Banks are in the business to make money. Don't borrow money if you don't want to pay the interest. It's that easy.
Not that hard of a concept to understand and HARDLY what was going on back in the biblical days.
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Today?
Fail to pay your socialist dues, and watch how fast the Collective State takes your property, without just compensation.
That's right - no enumerated socialist owns private property.
Socialism Viewed Positively by 36% of Americans No wonder democrats don't have a problem with bank take overs, health care take overs, auto take overs, government expansion at the expense of the private sector, pay czars,etc,etc,etc.
Some will refer to socialism as the Government taking care of the people "cradle to the grave"
Others choose freedom as the least amount of Government involvement in their lives possible - for instance - I don't want government taking care of me "cradle to the grave". I don't need social security (dropped it - and have not paid into it), I don't need NHI and so on
The fact is - government can, and should, be shrinked in size - get rid of HUD, HEW, FDA etc. Keep the agencies that are involved with constitutionally mandated issues like national defense - the military.
Some industries in the private sector will need government assistance to compete with countries that already partner with private industry. This would be a tiny percent of GDP.
Well, from reading the posts I see the same tired old arguments that are supposed to enlighten us all to each others point of view being passed back and forth, it's like watching tennis. The simple truth is and will always be that no "system" is set up to enhance the economic oppertunities of the masses.
I've been reading these posts that claim some kind of religosity connected to the constitutional protection of private property, these were simply the laws put in place to insure the protection of the upper class that had all the private property at the time those laws were set in place. Our entire constitution is a setup to protect the capital class, they were known as the "planter class" in their day. Our public school history has held up these men to be some kind of saints, they were the equivalent of GM or US steel, they were the first corporates to sieze power in the new nation of the United States.
Read the federalist papers and see what kind of thinking prompted James Madison to figure out how he and his buds were going to get around the fact of a growing class of have nots in their midst, these folks fought the Brits and then were promptly disenfranchised by the likes of Madison and others, read the federalist paper # 10, see what the "founding fathers" were really worried about.
Again, there is no system available in a nice package that adresses the real needs of the masses, we are supposed to be in charge of our political destiny and therefore create our own distinctive economy, one that serves us the people, but even that idea has been eroded by all the partisan politics that serves the upper classes by giving the low men something to chew on.............Keep chewin, while Wall Street laughs at our fighting over a dead horse.
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