Re: anti-capitalism thread
« Reply #1008 on: March 26, 2016, 01:32:18 PM »
exploitative, benefits only rich wealthy land owners, demonizes the poor at the same time creates poverty, why is there not more anger towards our flawed, moronic system?
Capitalism is in place in America factually due to it's ability to most efficiently move money to the poor and help poverty. "Wealth is created when people that know how to create it, are allowed to do so " - Thomas Sowell.
Capitalism as a whole is nothing more than letting prices allocate natural resources instead of government bureaucrats. What that does is allow economic growth to soar. Why do you think America is the wealthiest country in human history? Because we have the most natural resources? Russia has much more natural resources than we do, and in embracing SOCIALISM ( human allocation of resources and natural goods) the OPPOSITE to capitalism, they have completely failed as the USSR.
Widespread opposition to capitalism in general, is nothing more than the economic ignorance of the people. In fact this debate is so old, and factually retired that economists wonder why in 75 years have Americans not made any progress in the right direction.
This is the granddaddy of Reaganomics, responsible for the surplus Clinton took credit for in his administration. The father of freedom and prosperity, the only reason why this country hasn't destroyed itself, the only reason you have a job and a degree. A former socialist (Keynesian) and most accomplished economist of all time: Milton Friedman! No longer available
now those are the facts. Here's what I have to say to you personally. Read a fucking book.