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njoying your Social Security benefits? That's socialism.
originally posted by: EternalSolace
a reply to: DBCowboy
That I cannot disagree with on any level.
Like I said, I'm not against capitalism. I can recognize how incredible it is. At the same time, I can recognize its flaws and see its vulnerabilities.
I'm looking it at not from the past, but how things are now. Wishing for what once was doesn't fix the now or the future.
originally posted by: MystikMushroom
Well, capitalism worked well for the baby boomers who are now aging. It's not surprising they have a favorable view of it.
The thing is ... "capitalism" in the 50's and 60's isn't anything like what "capitalism" is today. Corporations have vastly more power, vastly fewer regulations. Tax rates are much lower on the wealthiest people today.
And under the baby boomers they allowed systematic theft of wealth from the middle class. The boomers allowed the nation's wealth inequality to grow by "trickle up" economics, sold as "trickle down" -- they were hoodwinked by slick politicians paid for by big money special interest groups.
And now that they are reaching retirement, they have the audacity to shake their canes and carry on about the evils of socialism to the youth? Enjoying Medicare? Enjoying your Social Security benefits? That's socialism. To bad your generation was blind during the radical shift in wealth inequality, as now the younger generations are screwed.
The state of the country got to where it is under their watch, and now that the youth of the nation are trying to untangle and fix the insane mess that was made, they want to use socialized programs issued by the government, rattling on about the "good old days".
Well, your generation robed Peter to pay Paul pops ... sorry Dad, you guys probably lived better than you should have, took to much, were blind to much and now look at the world you're leaving to us to inherit. Thanks a bunch.
originally posted by: peck420
The US will never be a pure capitalist country, per the Constitution.
There is no Constitutional limitations preventing it from becoming socialist.
originally posted by: DBCowboy
If evil, crooked "oligarchs" took and abused capitalism, then just replacing capitalism with socialism and leaving the evil, crooked 'oligarchs" in charge will just give us communism.