Well observed, I think, Mmerose. I think an economic system tends to create and reinforce itself. In the case of our current, unbridled, unmanaged form of capitalism, competitive forces require that business entities must constantly outpace their competitors. If asked why they are cutting wages, contaminating the environment with waste, …
Well observed, I think, Mmerose. I think an economic system tends to create and reinforce itself. In the case of our current, unbridled, unmanaged form of capitalism, competitive forces require that business entities must constantly outpace their competitors. If asked why they are cutting wages, contaminating the environment with waste, cutting health and safety controls, and moving out of the United States to avoid our laws, they say, "I have to in order to compete because the other guy is doing it." And wealth and power are addictive; you never get enough to feel insulated. In this system, wealth automatically accrues to the top because, as there are winner and losers, the winners gain advantage, and the process is accelerated. I think we need to come to a full awareness that capitalism (industrialized, free enterprise) needs maintenance by a democratic government in order to equitably distribute the wealth, benefit the common good, and keep it free..
Well observed, I think, Mmerose. I think an economic system tends to create and reinforce itself. In the case of our current, unbridled, unmanaged form of capitalism, competitive forces require that business entities must constantly outpace their competitors. If asked why they are cutting wages, contaminating the environment with waste, cutting health and safety controls, and moving out of the United States to avoid our laws, they say, "I have to in order to compete because the other guy is doing it." And wealth and power are addictive; you never get enough to feel insulated. In this system, wealth automatically accrues to the top because, as there are winner and losers, the winners gain advantage, and the process is accelerated. I think we need to come to a full awareness that capitalism (industrialized, free enterprise) needs maintenance by a democratic government in order to equitably distribute the wealth, benefit the common good, and keep it free..
Drat! No likes from the likes of me, so here are a potload!