elmat,
Not to put to fine a point on it, but you are a Communist.
Re: To remediate this myopic economic policies it is necessary to spread capital more evenly.
Karl Marx never said it more eloquently. Of course you are right, and of course I agree with you.
But what you are describing is anathema to capitalism and capitalists. They are greedy bastards who only think they have won once everyone else on the planet is suffering utter penury.
True capitalists are utterly driven by only one thing. Greed.
What you are describing is something else.
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Re: The system produced efficiencies whereby resources to improve our lives cost a fraction that it cost 100 years ago.
If by the system you mean "capitalism", then you are engaged in utter nonsense. Engineering and science are what have created the huge surpluses that the world enjoys. Capitalists, left to their own instincts, would never have completed the trans-continental railway across the U.S. in 1869 because there was more money to be made in the short term by swindling investors.
Capitalists, left to their own devices, would have stopped the development of the Bessemer process of steel production. Carnegie tried to stop progress because it was not in his short term advantage.
Edison, as a capitalist, tried to stop the development of Tesla and Westinghouse's alternating current scheme for electricity, now the world standard, but anathema to the capitalist.
Bill Gates tried to hold back the Internet.
Capitalists in the prescription drug industry try mightily to obfuscate the truth about the pain-killing properties of marijuana and its derivatives.
Capitalists in Iraq are currently engaged in destroying the fabric of the contracting class by taking advantage of the temporary deficiency in banking activity due to the American destruction of the finances of Iraq.
Capitalists like the swine who infest the headquarters of Wal-Mart in Arkansas are destroying the fabric of America's heartland by ruthlessly cheating labor, dumping Chinese imports and hiring illegal immigrants via sub-contracting schemes.
Capitalists are swine. Though no one seems to have created the obvious market for such a delicious delicacy, yet. |
