well, I think that cartoon is more appropriate for Socialism. Capitalists are only interested in working and innovating to make money. They aren't interested in ruling, except when they become monopolists, which is what the FTC is for. Socialists are quite explicitly interested in ruling you. And we have ample historical evidence that Socialists end up treating their people like slaves in a feudal system. That doesn't happen in a Capitalist system. Generally, in Capitalism everyone has a choice to make to better themselves or not. That gives you a chance to rise up. In Socialism, you can better yourself all you want, but it doesn't allow you to rise above everyone else, because equality is the goal. In Socialism, it is each according to their need. In Capitalism, it is each according to their ability and desire to work.
The problem in the US is not capitalism, but rather, it is corporations which have become monopolies and have engaged in regulatory capture and corruption of our legislators and regulators. In addition, it is the corrupting influence of the Federal Reserve, which enriches the banker class and Wall Street at the expense of the 99%. Solve those problems and then Capitalism can work for everyone. Socialism never works for everyone. First they steal from the rich to give things to their friends, then they destroy all Democratic institutions to ensure nothing changes, then the people become slaves. In the mean time, every industry they take over in their quest for power, loses efficiency and performs worse, until the productive capacity of the country gets destroyed. Socialism is a well known system and it always has one direction, which is down. Capitalism is also a well known system that has its flaws, but is still the greatest system for the generation of wealth and innovation and the spreading of wealth and increase of the standard of living the most people possible. Why do you think China has opened up to Capitalism to grow their economy? It's because Socialism failed in China. So they tried Capitalism and it has worked.
We shouldn't throw the baby out with the bathwater in the US. We already know what works. We just need to remind our idiotic legislators to go back to the basics. This isn't rocket science. |
