Had to share this FB post from a friend ...

[hueymahl]

64. Thought provoking graphic, but it is hyperbole. And misleading.

It is not universally true that "we would lose our houses and savings and be forced to labor eternally for meager wages with no voice in the system" or that all this has "come true under capitalism".

The recession caused some folks to suffer. And there is a big problem with corporate money in the political system. But it is not capitalism per say that is causes this. It is corrupt politicians and a conservative supreme court that is warping the version of capitalism that made this country great. Capitalism did not cause the recession. Greed, corruption and the dismantling of safeguards and permitting the rise of oligarchy is what cause the recession (and oligarchy/monopoly is the enemy of capitalism).

So, the graphic posted by the OP makes a point by using hyperbole. But I'm afraid it ends up making the wrong point.

Capitalism works best when it tempered by a strong social contract. Capitalism is like a force of nature. It does what it does. It is up to us to temper it properly to protect the most vulnerable of our society from excess. It is that social contract that has been under attack by the right. And we play right into their hands by attacking capitalism itself instead of the people trying to dismantle the social contract.

We need strong unions
We need higher minimum wage
We need single payer
We need corporate money out of politics
We need prosecution of white collar criminals
We need to break up the big banks and reinstall Glass-Stegal

What we don't need is to do away with capitalism.