posted on Aug, 28 2012 @ 06:47 PM
reply to post by KillerQueen
I agree with you to an extent. I don't think Capitalism should be eliminated. However, I do believe that some industries should not be held in the
private sector. Industries such as Banking, Communications, Energy, and the harvesting of Raw Natural Resources. Simply put, those four industries
are essential to modern, first-world life. As such, they should not be held in private hands.
Especially so for the Energy and Raw Natural Resources industries. These resources are limited. I cannot see the logic in allowing a small group of
people the ability to make all the profit from limited resources that every human is entitled to. I understand why such industries had to be
privatized in the past. The present day is so radically different from some 70-80 years ago; At the time the U.S. was founded we might as well be
living on a different planet when compared to the present day. Quotes from the founding fathers and early American business men are irrelevant
today(relating to economy & capitalism). Resource reserves are slowly dwindling yet the fortune 500 companies rake in most of the benefit of those
In the case of Communications, our taxes should construct, maintain, and provide these services. Just like roads. Just like public schools. Just
like police & fire service. I see no reason for taxpayers to subsidize construction of this infrastructure to have them price gouged for that
infrastructure by private hands. Illogical. Take note that I am referring only to the cables and cell towers and the structures that house them.
Manufacture of the tools to make use of this infrastructure should always remain in private hands.
In the case of Banking.....I'm not even going to go there. The only thing I'll say is end the Usury.
Take control away from private interests for those four industries listed above. Make them publicly owned. Use our taxes to fund those industries,
manage them well, create exteremely stiff penalties for corruption and sell
the resources that are harvested to the capitalists. Take the
profit from those industries and funnel it directly back to the people in much the same way as shareholders are compensated. It may not come to much
money....but I see it much more preferable to have that money go to the people of the nation as opposed to a select few.
Manufacture should always remain in private hands.
Whether you agree or disagree, I hope you enjoyed reading about this pipe dream of mine. It would never happen. This is more of a thought experiment
than anything else.