originally posted by: Isurrender73
a reply to: grandmakdw
Yes but this form of controlled capitalism still lends itself to an elitist 1%.
The problem has never been the form of government. The problem is the leaders always see themselves as God's above the people.
Every form of government that allows the 1% to exploit the 99% will fail. This is basic math.
The 1% don't care about asbestos fibers, they care about profits.
Same with socialism in practice,
not theory, but practice,
everywhere it has been put into practice
an elite political class emerges,
that enriches itself
and entrenches itself.
That is why as the US has become more and more socialist
we have seen the rise of an entrenched political class,
such as the Bush family
and the Clinton family (who own 5 mansions around the country,
while claiming to be people who were "broke" a few years ago),
over the past years as the US veered to socialism, (since FDR)
politicians have entered politics as average folks
and became 1%ers within a very short time if they did not enter as 1%ers.
While socialism is great in theory,
it fails in practice,
because humans are basically
The US today is no longer a true Democracy
it has become an imperial Democracy
with deep and strong socialist leanings
and deep and strong totalitarian leanings as well.
That may be a reason the US economy is close to imploding like China has done.
Our spending far too greatly exceeds our income.
At this point we could tax everyone $80,000 a year and still be in debt in the US.
We could confiscate 100% of the 1%ers money and still be in debt in the US.
So the only way out I see for China, the US, Greece and the entire world is to
do what the ancient Jews used to do.
Have a jubilee, that is forgive all debt, all at the same time, for everyone around the world, and start over.
However, knowing human beings, I'd suggest the debt forgiveness be contingent upon a 25% reduction in overall spending that can not be increased for
10 years. If the reduction is spending is not met, then the obligation to repay the debt is returned.
it appears quite clearly to be at the root
of the problem with Chinese manufacturing -
if a plant manager can be fired/reeducated/killed
for finding a problem within the plant
by the government who highly regulates the
business. Then it would be to the advantage
of the managers and even the employees
to cover it up - and to continue to use
dangerous items so as to not condemn
the people working for those who supply
the toxic materials.
An unending circle of fear and intimidation
through government regulation and control.
edit on 1Thu, 09 Jul 2015 13:20:20 -0500pm70907pmk094 by grandmakdw because: addition format grammar