Does anyone else get the feeling things are going to greatly change in the next decade? [View all]
As I look at OWS and all the other global protests around the world against austerity measures, I get the feeling that something has to give. The capitalists have gotten too greedy for their own good and they've overplayed their hand. I don't think we will see the rise of a socialist state in the Marxist sense, because Americans are simply not ready for it yet. Capitalism is still viewed as workable system by the majority of the people in the U.S. I do think we will see the rise of a very strong social-democratic party that will greatly reform the system, in possibly different ways than we see in the Scandinavian countries. I think we will see the rise of a party that demands higher taxes on the rich, single-payer or even socialized healthcare, free education, a much stronger social-safety net, much stricter regulations on the market, and a push for polices that benefit the rise of worker owned co-ops. I think that worker owned co-ops are one part of socialism that could actually benefit from America's favorable views towards entrepreneurs, and it would greatly weaken the stigmata some people have towards socialism.
What do you all think?
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