Comments on: What job creation looks like outside Washington Fri, 31 Jul 2015 03:37:49 +0000 hourly 1 By: FrmCali Mon, 20 Feb 2012 00:26:25 +0000 Socialism is what happened when the big banks received $800 billion from the government to stay afloat. Conservatives who argue that it is bad, but benefit from it are hypocrites. Monied interests have infiltrated the highest ranks of our government institutions and greed, huge greed, is rife and in control. Those that follow this “conservative” line are blinded by the smokescreen put in place to keep the ignorant at bay and in control. Citizen United seals the deal, allowing the most monied the most leverage to keep control of the government, to insure all legislation is in corporate interest, not government by the people for the people.

By: SanPa Sun, 19 Feb 2012 15:10:14 +0000 xit007 — The common garden spider is the ultimate capitalist — work, investment, persistence, and a bit of patience. Now imagine capitalism from the viewpoint of a fly.

By: GMavros Sun, 19 Feb 2012 13:40:34 +0000 Why is it that practically everybody is blind to the bottom of all this ???

Capitalism is based on unlimited growth; more workers= cheaper labor = more consumers = more products = more profits, for the very few. Capitalism and our exploding world population have now come into direct conflict with our planet’s limited and fast diminishing resources.

“If every Chinese citizen were to consume as much as the American or European citizen we would need the resources of four more planets” (Jane Goodall, in Beijing 2010.)

If we were to include the Brazilian, Indian, African and other Asian citizens we would need 15 more planets.

World population now exceeds 7 billion. This is simply crazy. Our planet cannot support us much longer.

Capitalism in its present practice is unsustainable, and it will collapse sooner than later.

Today’s global addiction to money, power and material possession, ‘Capitalism’, is just a subconscious desperate reaction to an apparently unavoidable near future economic world catastrophe, by those few who are in a position to actually attain them.

Of course everyone else is aiming for the same. Shortsighted, they believe they can survive this catastrophe unscathed. In fact they want this to happen as it will guarantee their supposedly everlasting elite status, as if mass revolutions are no longer possible.

And who are these very few elite addicts who are in a position to attain huge money, power and material possessions? You know who they are.
These are very troubled characters, with the lowest self esteem and serious ego problems which money and power will never be able resolve for them. They have become legalized criminals.

Socialism or any other conventional economic/political system will not work either. We will have to come up with something innovative, even revolutionary, that will work for the whole world, not just for the few.

One thing for sure is that you cannot run a country or the world like a corporation, as it is done today and which has proven to be the failure which we are experiencing now.

By: jambrytay Fri, 17 Feb 2012 18:22:17 +0000 txgadfly-

are you William Jennings Bryan’s speech writer?

By: OneOfTheSheep Fri, 17 Feb 2012 17:49:13 +0000 @KyuuAL,

The fundamental problem with Socialism is that when “people who need” help always get it the incentive to help themselves disappears quickly and never returns. That’s why Captain John Smith adopted the rule in his early colony that those who don’t work don’t eat.

Those dependent upon others also fundamentally resent it. That’s why public housing cannot be build to last with the materials sufficient for owner-occupied structures.

In America the great majority of our poor DRIVE! They have cell phones, wide screen TVs, satellite or cable service and their lives would not materially improve if they were employed at minimum wage.

There is a sizable demographic in America who aren’t yet enjoying all these free “benefits” that will do anything to “get on the gravy train” and not have to work. There are not enough “workers” to support an ever-increasing number of citizens who eat and breed but do not work.

As Margret Thatcher said, “Socialism eventually runs out of other people’s money”.

By: txgadfly Fri, 17 Feb 2012 17:46:31 +0000 Americans who somehow think they are immune from Government are simply ignorant of modern economic reality.

The price of everything in America is determined by Government, both of the USA and of foreign countries. The mechanism is the exchange rate of the US dollar. If the dollar gets stronger, everything American, including labor and services produced here, becomes more expensive not only to the rest of the world, but also domestically.

Try selling a Chevrolet for $100,000. Then try selling one for $15,000. When the competition is imported and the dollar is strong, prices of goods and services, and the number of American jobs, go down. If you need to work, that is bad. If you do not, that is good. Obviously, a strong dollar favors the rich and hurts everyone else. This is why we have a strong dollar.

The media, which is controlled by the rich, and the Government, which is owned by the rich, do not want you to understand this basic truth. I will leave it to the reader to figure out why.

By: keebo Fri, 17 Feb 2012 17:34:26 +0000 Do not paint all capitalists with a broad brush. Many bankers, many at the fed, as well as fannie/freddie and other corporate welfare types are not really capitalists.They are crooked people who think only of their benefit at the expense of the others. Hard work is not their mantra – manipulation, cheating and theft is their game. We are not talking about honest adults. These people have only convinced themselves that they are free market types when actually they are merely communists/socialists in capitalist clothing.
They espouse free markets until the downside involves their interests. Their instinct at that time is to cry, mope, and threaten like a two year old, in order to get what they want from the public trough. This display is accepted by short term thinkers in government too ignorant to truly understand the demands of capitalism, or else crooked themselves. Stop the wealth redistribution from the actual capitalists who sustain our economy, through the paid for political establishment, to their crony capitalist/socialist/communist masters.
Much of the rationalization for these schemes comes from the academic world. Their ideas are bandied about as gospel due to their academic credentials but without an understanding of how the system depends on human nature for its effective operation.

By: jambrytay Fri, 17 Feb 2012 15:30:15 +0000 i don’t get all the hand wringing over the income gap…the 1% are not gaining at the expense of the 99%. I’ve worked around a number of the wealthy people in my career. The 1% I’ve met have been bright and hard working. Shrewd, driven, hard nosed? Yes. Lying, cheating, exploiting? I haven’t seen it.

By: Viability Fri, 17 Feb 2012 14:39:28 +0000 Socialism is an extremely divisive word in America.
The income gap between the richest 1% versus the 99% is growing larger everyday. The Dow Jones continues to rally,despite the fact that a signifigant part of the population are living from week to week on low incomes.
Capitalism is in crisis, and the majority are suffering the consequences.

By: KyuuAL Fri, 17 Feb 2012 08:58:39 +0000 What’s so wrong about Socialism?

It seems that the 1% have done a great job scaring the American public about Socialism, such that it’s about as taboo as Communism. America cannot grow and will only stagnate, if we as a collective whole do not help people who need it.