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Moostache

(11,128 posts)
11. A second article on that site is worth a close look too...
Thu Nov 28, 2019, 11:39 AM
Nov 2019

Here is the money-shot conclusion:

The dystopia that is 2019 America is the logical end-result of a capitalist system—a system fatally flawed by the unrelenting greed of man and the eternal truths of supply and demand. That’s just the way it is.


https://www.pastemagazine.com/articles/2019/09/capitalisms-fatal-flaw-is-something-so-simple-anyo.html

The beginning (and you should check out the whole thing, including the John Oliver Clip)...

”Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.” — President Abraham Lincoln in his First Annual Message in 1863.


It is difficult to find figures on Americans’ knowledge of capitalism. A simple Google search of “Americans Understand Capitalism Poll” returns a litany of polls revealing that the under-35 crowd prefers socialism to capitalism, a handful of explainers on Democratic Socialism, and a sprinkling of right-wing freakouts over this movement. What this simple Google search does not return within the first ten pages of results is one single poll measuring whether Americans actually understand what capitalism really is. We have all sorts of polling on our knowledge of other factual topics, like climate change, but after a weekend of trying to find any poll measuring Americans’ ability to understand what kind of system capitalism actually entails, I am stumped as to how to quantify our collective ignorance.

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