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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (871)3/13/2019 5:42:57 PM
From: ggersh  Read Replies (1) | Respond to of 1504
 
Alrighty then, we both believe the government has been
bought and captured

But then you claim what happens under Socilaism doesn't
happen under capitalism even though it's happening right
now in the 21st century right under your eyes

Corruption happens under every system, ism's just don't 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.