- Banned
- #1
How America Went from Mom-and-Pop Capitalism to Techno-Feudalism
Oh, it requires reading more than just the snippet that out betters say we have to post so somebody can have something to argue about-
In a matter of decades, the United States has gone from a largely benign form of capitalism to a neo-feudal form that has created an ever-widening gap in wealth and power. In his 2013 bestseller Capital in the 21st Century, French economist Thomas Piketty declared that “the level of inequality in the US is probably higher than in any other society at any time in the past anywhere in the world.” In a 2014 podcast about the book, Bill Moyers commented:
Paul Krugman maintained in the same podcast that the United States is becoming an oligarchy, a society of inherited wealth, “the very system our founders revolted against.” While things have only gotten worse since then thanks to the economic crisis of 2020, it’s worth retracing the history that brought us to this volatile moment.
Yet Krugman has been an loud voice for the very thing he's now denouncing- Keynesean economic theory, for a FUCKING Monarchy-SMH- tp down spending, the top being a fucking gov't- good lord what an idiot- but, he's merely an"expert" example of just how fucking dumb voters are-
If course Bill Moyers isn't a lot better calling us "our democracy- since we were, in fact, founded as a republic- but, hey, the Publicly Funded educated don't care- it's just words- they mean whatever the speaker wants them to mean-
Oh, it requires reading more than just the snippet that out betters say we have to post so somebody can have something to argue about-
In a matter of decades, the United States has gone from a largely benign form of capitalism to a neo-feudal form that has created an ever-widening gap in wealth and power. In his 2013 bestseller Capital in the 21st Century, French economist Thomas Piketty declared that “the level of inequality in the US is probably higher than in any other society at any time in the past anywhere in the world.” In a 2014 podcast about the book, Bill Moyers commented:
Paul Krugman maintained in the same podcast that the United States is becoming an oligarchy, a society of inherited wealth, “the very system our founders revolted against.” While things have only gotten worse since then thanks to the economic crisis of 2020, it’s worth retracing the history that brought us to this volatile moment.
Yet Krugman has been an loud voice for the very thing he's now denouncing- Keynesean economic theory, for a FUCKING Monarchy-SMH- tp down spending, the top being a fucking gov't- good lord what an idiot- but, he's merely an"expert" example of just how fucking dumb voters are-
If course Bill Moyers isn't a lot better calling us "our democracy- since we were, in fact, founded as a republic- but, hey, the Publicly Funded educated don't care- it's just words- they mean whatever the speaker wants them to mean-
