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whathehell

(29,065 posts)

12. A Middle Class has ALWAYS had to be fought for..

Reply to YOHABLO (Reply #6)

Wed Mar 20, 2019, 11:55 AM

Mar 2019

Prior to Post War Ii America, when the US possessed the largest middle class in the World, the usual pattern was a Two Tier Society of the Few Wealthy and the Many Poor.

I think Republicans, who fought (and still fight) FDR's New Deal, would like us to return to that time.

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13 replies

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Two of capitalism's biggest defenders just confessed that it's no longer working for a lot of [View all] alwaysinasnit Mar 2019 OP

Thanks. elleng Mar 2019 #1

You're welcome. I hope more experts realize that. alwaysinasnit Mar 2019 #2

Capitalists never claimed it works for everyone. riverine Mar 2019 #3

I think it is safe to say that the more capitalism is unfettered, the more income inequality we alwaysinasnit Mar 2019 #4

Agree. As a fan of the liberal capitalist George Soros his remarks on unfettered capitalism riverine Mar 2019 #5

Capitalist America had no "safety net" until FDR and his New Deal, whathehell Mar 2019 #7

It's been the story throughout the ages. Extraordinary consolidation of wealth controls the world. YOHABLO Mar 2019 #6

A Middle Class has ALWAYS had to be fought for.. whathehell Mar 2019 #12

Even Adam Smith, Wealth of Nations safeinOhio Mar 2019 #8

Absolutely,which is why it seems so ironic that conservatives tend to quote him. Which leads me to alwaysinasnit Mar 2019 #9

They only read the safeinOhio Mar 2019 #10

You are so right; it is the basterdized version. alwaysinasnit Mar 2019 #11

As the Boy Scouts say, "Be prepared" gratuitous Mar 2019 #13