General Discussion
In reply to the discussion: Fast-Food Workers Photograph What Life Is Like When You Make Less Than $15 an Hour [View all]raouldukelives
(5,178 posts)So we would eliminate monopolies, break up big banks, end fiat money and impose the staunchest regulations for protecting labor and ensuring trust in the marketplace.
People do take more pride in the work they do when they own the work they do. That is all I mean by neighborhood pride. Without Walmarts and with locally owned markets, locally owned clothing shops, locally owned banks and economies, I fully believe it would create a better environment for everyone.
It's not like it would ever happen anyway. But it is far more likely to occur in my mind than ushering in a brand new socialist economy. My point being nobody defending our current system is anyone Adam Smith had in mind and in fact, would probably detest. They are not defending Capitalism. They are defending corporate socialism.