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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (197628)	3/23/2023 8:45:40 PM
From: Rarebird	1 Recommendation Recommended By pak73 Read Replies (2) \| Respond to of 217917

Freedom does not exist in a vacuum. Human beings are social creatures and they bond together based on shared principles and values. The advantages of free markets come to those who are creative and have enough capital to invest, speculate and trade. Last I checked, the top 10% controls 90% of the wealth in the USA. If that is where capitalism eventually leads, I don't think to much of capitalism since it is not a very humane enterprise. I will come back to and explain why the implementation of capitalism in the USA is not humane. To be sure, capitalism cherishes and advocates individual endeavor, what you may call an essential ingredient of freedom. That is fine and I respect individual initiative winning out. It takes a lot of money and free time to run for office in the USA as President and/or Senator. The bottom 90% basically do not run for office because they do not have the money and/or time to do so. Thus, their interests are not represented by those in power. The problem lies in the fact that the vast majority of highly elected officials who make the laws in the USA come from the same elite social class. They bond together basically with their own social element and create laws that primarily benefit their own social and financial circle. This is how you get the top ten percent controlling 90% of the wealth of this country. The mega wealthy have little to no compassion for the bottom 90%. In fact, prior to the creation of unions, the capitalist subjugated the bottom 90% to the cruelest, most inhumane working conditions ever. Far from prioritizing individual freedoms, the capitalist has shown throughout history that his prime concern is to make unlimited amounts of money at the expense of others. Republicans and Democrats are both culpable here, with the exception being that the Democrats will throw a lot of entitlement programs to help or subsidize the bottom 90% while the Republicans will enact tax cuts to make the rich richer. I have benefitted from the capitalist system and am considered in the top 3%. I travel around with my wife and dog, living in Airbnbs wherever I desire, living the life I want. I will be 70 in 6 weeks and have raised three sons and have 5 grandchildren with another one on the way. Life has been good to me, with no devastating health issues. When I look at capitalism, I see a society full of division, conflict, anxiety and full of injustices and discrepancies. I do think there are some good things about capitalism, but pushed to its limit in its pure unadulterated form, I see that it needs to regulated so more can participate in its greatness. I also understand that on an investment and trading forum that the bias will be oriented toward the social and political philosophies of the Rich for the most part and my view will not be popular.