General Discussion
In reply to the discussion: Capitalism is NOT a dirty word. [View all]loudsue
(14,087 posts)Everyone on this board, except for a very few, think capitalism would work splendidly, if we threw in some very strong regulations, and ENFORCED those regulations, and sprinkled it with a heavy dose of populist sharing (i.e., socialism).
You're trying to make it either/or. There has NEVER been a perfect economic system developed for a working world. Capitalism, HEAVILY REGULATED, and socialist/populist life-lines -- health care, housing, education, food (!) -- enough to live without fright, THAT is fine. But in today's America....that is NOT "capitalism". "Capitalism" devolves into oligarchy and corporatism.
Capitalism is brutal for millions upon millions of hungry and desperate and scared and unhealthy people. You have to see that.