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The legislators sold control of the government to the highest bidders. That's capitalism, right?
No, that's cronyism.
It will never be different unless regulatory compulsion forces change.
So because legislators are not to be trusted, we need more legislation?
The legislators sold control of the government to the highest bidders. That's capitalism, right?
No, that's cronyism.
It will never be different unless regulatory compulsion forces change.
So because legislators are not to be trusted, we need more legislation?
Okay, so capitalism ultimately equals cronyism.
OF COURSE IT DOES, if it's profitable!
The legislators sold control of the government to the highest bidders. That's capitalism, right?
No, that's cronyism.
It will never be different unless regulatory compulsion forces change.
So because legislators are not to be trusted, we need more legislation?
With the global economy in a protracted crisis, and workers around the world burdened by joblessness, debt and stagnant incomes, Marx’s biting critique of capitalism — that the system is inherently unjust and self-destructive — cannot be so easily dismissed. Marx theorized that the capitalist system would inevitably impoverish the masses as the world’s wealth became concentrated in the hands of a greedy few, causing economic crises and heightened conflict between the rich and working classes. “Accumulation of wealth at one pole is at the same time accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation, at the opposite pole,” Marx wrote.
A growing dossier of evidence suggests that he may have been right. It is sadly all too easy to find statistics that show the rich are getting richer while the middle class and poor are not. A September study from the Economic Policy Institute (EPI) in Washington noted that the median annual earnings of a full-time, male worker in the U.S. in 2011, at $48,202, were smaller than in 1973. Between 1983 and 2010, 74% of the gains in wealth in the U.S. went to the richest 5%, while the bottom 60% suffered a decline, the EPI calculated. No wonder some have given the 19th century German philosopher a second look. In China, the Marxist country that turned its back on Marx, Yu Rongjun was inspired by world events to pen a musical based on Marx’s classic Das Kapital. “You can find reality matches what is described in the book,” says the playwright.
Read more: Karl Marx's Revenge: Class Struggle Grows Around the World | TIME.com
Taken? You mean they held the legislators hostage and just "took" it? Yeah, no. The situation is favoritism by government for multinational corporations. Its been that way for a very long time. Since the days of the railroads, probably before.
You seem to have it all backwards.
I have nothing backwards. I understand it perfectly. The legislators sold control of the government to the highest bidders. That's capitalism, right? It will never be different unless regulatory compulsion forces change.
The legislators sold control of the government to the highest bidders. That's capitalism, right?
Taken? You mean they held the legislators hostage and just "took" it? Yeah, no. The situation is favoritism by government for multinational corporations. Its been that way for a very long time. Since the days of the railroads, probably before.
You seem to have it all backwards.
I have nothing backwards. I understand it perfectly. The legislators sold control of the government to the highest bidders. That's capitalism, right? It will never be different unless regulatory compulsion forces change.
So......................................................totally.........................................clueless.
I have nothing backwards. I understand it perfectly. The legislators sold control of the government to the highest bidders. That's capitalism, right? It will never be different unless regulatory compulsion forces change.
So......................................................totally.........................................clueless.
Redundant redundancy is so very redundant.
Yes, I'm aware. Although it is not technically socialism. That part comes when govt. protects the losses of their favored corporations and businesses with taxpayer money. The act of government favoritism for corporations, or the cronyism of the govt./business realationship, is technically corporatism.
How do you not mention the 100% Guaranteed Fail Rate that come with every re-distributive economy?
Needless to say, this is patently untrue and cannot be supported by evidence.
How do you not mention the 100% Guaranteed Fail Rate that come with every re-distributive economy?
