General Discussion
In reply to the discussion: Elizabeth Warren says the U.S. economy is rigged. Many americans agree. [View all]fasttense
(17,301 posts)and I never claimed there was.
It is just how the system works. With huge wealth comes huge power in a capitalist society. Because everything is up for sale including politicians and justice. It's in the nature of capitalism to put a price tag on everything. But the price tag is only based upon what one individual, usually a capitalist, can sell it for. The price tag never includes the external cost to society as a whole. It never includes the suffering of people who get the low, low wages that allow the rich to accumulate so much. It never includes the damage to cities when entire industries move like in Detroit.
Sure there are a few laws restricting capitalism that have NOT been overturned YET. Have you not heard RepubliCONS claiming there should be no minimum wage? Have you not heard RepubliCONS pushing for child labor? Have you not heard RepubliCONS explaining how the disparity between women and men's wages is find and dandy? Have you not heard RepubliCONS claiming there is No Global Warming and urging to do away with all environmental laws? They are doing this on behalf of the rich capitalist who have bought the RepubliCON party. It's no conspiracy. There have always been powerful rich people pushing for fewer and fewer restrictions on the use of their wealth. With the help of the Supreme Court, they have now even given their businesses the rights of people.
FDR was able to put restrictions on capitalism but RepubliCONS are proud that they are overturning those laws. Those restrictions created a middle class in the US. But as happened in the 1st RepubliCON Great Depression, those laws are being overturned and our middle class is rapidly shrinking. FDR merely slowed down the inevitable results of capitalism by allowing for a short time, the growth of a middle class. But the uber rich will NOT be stopped. Their huge wealth gives them huge power and they will turn a stable society into a feudal type environment, where there is only a few very rich and a vast majority suffering in poverty.
But it is No secret. It is done right out in the open. It just sitting there waiting for the people to notice. In the mean time the uber rich are obtaining unprecedented levels of wealth and power by taking all opportunity away from the rest of us.
To me you sound insane because you refuse to see what is just so obvious. I never said there is no alternative to capitalism.
There is a solution and it requires creating a different economic and political system. A system where the people who do the labor control the profit and wealth of the corporation or business. A system that puts democracy into the work place.
Check this site out, it is filled with information http://www.democracyatwork.info/