Economy

Tansy_Gold

(18,167 posts)

27. Please excuse me while I go

Wed Jan 25, 2012, 09:07 AM

Jan 2012

The conservative article of faith that hard work and determination guarantee economic security is a now a cruel lie. People lose jobs because of shifts in global trade patterns, because of new technologies, and because of macroeconomic currents beyond their control. This is the nature of a dynamic capitalist economy, and to acknowledge it and the need for government countermeasures is in no way to repudiate the considerable virtues of the system.

Am I the only one to see how inherently contradictory this statement is?

The planet is finite. We're not going to be opening markets on Mars or Saturn in the next couple of generations, if ever. The time to "repudiate the considerable virtues of the system" is NOW, because all the problems this person has stated are part and parcel of "dynamic capitalism." Those "macroeconomic currents" that are beyond the workers' control ARE capitalism/corporatism/unrestrained greed.

Sheesh.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

73 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Wednesday, 25 January 2012 [View all] Tansy_Gold Jan 2012 OP

Bill Black Tells Us HOW: Bill Black: What I'd Demand of the Fed Demeter Jan 2012 #1

BILL BLACK: Regulations on Speculation Weak, But Better Than Nothing Demeter Jan 2012 #2

How the Rich Subverted the Legal System and Occupy Wall Street Swept the Land Demeter Jan 2012 #3

Good read. You should x-post it to same. TalkingDog Jan 2012 #40

You Have My permission Demeter Jan 2012 #55

Danke TalkingDog Jan 2012 #67

UniCredit plans �25bn covered bond issue Demeter Jan 2012 #4

Apple blows past Wall Street expectations Demeter Jan 2012 #5

Your subject line is four words too long. Fuddnik Jan 2012 #12

DULY NOTED Demeter Jan 2012 #14

I think it should also be duly noted Tansy_Gold Jan 2012 #16

+++ DemReadingDU Jan 2012 #37

Oatmeal--computer screen---nuff said westerebus Jan 2012 #29

Cameron insists on limit to Hester bonus Demeter Jan 2012 #6

Watchdog to protect �irrational� investors Demeter Jan 2012 #7

Shake-up in US fixed income research rules Demeter Jan 2012 #8

Don't be a Tansy_Gold Jan 2012 #15

Lately, Every Time I See a Bird, I Look for the Dinosaur Within Demeter Jan 2012 #56

ECB under pressure over Greek bond hit Demeter Jan 2012 #9

Robert Zoellick - Blueprint for Germany to save eurozone Demeter Jan 2012 #10

Zbigniew Brzezinski:World Uprising the antidote to the New World Order Demeter Jan 2012 #11

Obama bid to set tax agenda for election Demeter Jan 2012 #13

UK Economy heads for recession with fall in Q4 GDP Ghost Dog Jan 2012 #17

Unemployment to soar as UK heads back into recession Ghost Dog Jan 2012 #54

ECB under pressure over Greek bond hit Demeter Jan 2012 #18

Soak or swim: How to raise the highest rates without doing too much damage Demeter Jan 2012 #19

IEA Sees 2035 Crude at $247 Barrel, Almost Twice OPEC�s Forecast Demeter Jan 2012 #20

Big banks to avoid sovereign debt Demeter Jan 2012 #21

How to Turn Up the Heat on Democrats Occupy Obama by JOHN STAUBER FROM OCTOBER Demeter Jan 2012 #22

SORRY! i didn't mean to drop my morning all over in here -- i'll clean it up... xchrom Jan 2012 #23

;-) Tansy_Gold Jan 2012 #26

That�s Obama�s Jobs Plan? xchrom Jan 2012 #24

Please excuse me while I go Tansy_Gold Jan 2012 #27

it jumped right out at me as well. xchrom Jan 2012 #31

How Larry Summers' Memo Hobbled Obama's Stimulus Plan xchrom Jan 2012 #25

Billionaires at Davos Bemoan Inequalities Demeter Jan 2012 #28

Mic check! Occupy Wall Street offers a rebuttal to State of the Union Demeter Jan 2012 #30

... xchrom Jan 2012 #35

America. Let�s be honest. Ghost Dog Jan 2012 #66

Has Ex Goldman Sachs Staff turned Democrat Campaigner Infiltrated Occupy? Demeter Jan 2012 #32

People Got Some 'splainin' to do Demeter Jan 2012 #34

at least they know they've been infiltrated. xchrom Jan 2012 #36

Someone just lost their street cred.... AnneD Jan 2012 #41

Lead, not follow. Loge23 Jan 2012 #58

Oil moving down again today. But gas has been steadily rising Roland99 Jan 2012 #33

Sevenly hopes to change the world one T-shirt at time xchrom Jan 2012 #38

Obama's attack on Chinese trade practices mostly ignored in China xchrom Jan 2012 #39

Then It's Unanimous Demeter Jan 2012 #57

... xchrom Jan 2012 #59

Scott Walker�s Plutonomy: An Economy for the One Percent xchrom Jan 2012 #42

Merkel's Fiscal Pact a 'Waste of Time and Energy' xchrom Jan 2012 #43

Commerzbank Seeks To Avoid Nationalization xchrom Jan 2012 #44

Angela Merkel casts doubt on saving Greece from financial meltdown xchrom Jan 2012 #45

Poles prosper after opening up German labour market xchrom Jan 2012 #46

J.C. Penney gets rid of hundreds of sales xchrom Jan 2012 #47

Ailing Portugal's bond yields hit record highs xchrom Jan 2012 #48

Ireland in first test of bond markets since 2010 xchrom Jan 2012 #49

Japan's first trade deficit since 1980 raises debt doubts xchrom Jan 2012 #50

Exclusive: Senate investigating HSBC for money laundering xchrom Jan 2012 #51

Why Not Treasury or the FBI? Demeter Jan 2012 #72

Inflation tests stability in Vietnam xchrom Jan 2012 #52

Spain�s Home Prices to Fall With Bank Cleanup Ghost Dog Jan 2012 #53

Recession will see Spain miss deficit goals, says IMF xchrom Jan 2012 #62

Merkel pours cold water on euro firewall boost xchrom Jan 2012 #60

What do you Know! Angela Has Learned about Danegeld! Demeter Jan 2012 #71

Soros: Austerity fomenting Europe tensions xchrom Jan 2012 #61

Merkel Makes Appeal for Time to Solve Crisis xchrom Jan 2012 #63

Elizabeth Taylor�s Hals Sells for $2.1 Million at Christie�s in New York xchrom Jan 2012 #64

Newsnight on 'responsible capitalism', Prof Eric Hobsbawm {must see} xchrom Jan 2012 #65

Absolutely terrific. Ditto on the "must see." Tansy_Gold Jan 2012 #69

+++ DemReadingDU Jan 2012 #73

Bernanke: More easing possible if economy weakens Ghost Dog Jan 2012 #68

Tip toeing around the issue of 'wage inflation'. xchrom Jan 2012 #70