jdreyer wrote on Mar 31, 2015, 00:07:
1. No one mentioned abandoning capitalism for pure socialism or communism. You're standing up straw men.
2. Unregulated capitalism has major flaws. One is that the wealth does tend to get concentrated in an elite and you end up with an oligarchy. The USA is actually trending this way currently since we've undone a lot of the protections that keep corporations from controlling government.
3. In fact, the rich are getting richer and the poor getting poorer. That's not an opinion, it's simply a fact.
4. Cutter's phrase "socialized democracy" describes a range of different first world governments, including our own. From Wikipedia: "Alternatively, social democracy is defined as a policy regime involving a universal welfare state and collective bargaining schemes within the framework of a capitalist economy." We have elements of this, such as social security, unemployment, welfare. However, over the past several decades we've undone or attempted to undo many key tenets such as unions, pensions, progressive taxation, etc. As a result, we've seen a sharp widening in the gap between rich and poor.
Not only does this threaten our democracy, but it's simply bad economics. When money ends up in the hands of the poor and middle class, they spend it. This boosts the economy through demand. When that money ends up with the rich, they do nothing with it. Even H.W. Bush called such "trickle down economics" as "voodoo" since it's nothing more than wishful thinking.
No point in trying to explain that to the dittoheads. They're all sociopaths and psychopaths with zero interest in anyone or anything but themselves. Most aren't capable of independent thought and can barely regurgitate the talking points of their corporate masters. It's the reason why all the heavily socialized democracies enjoy the best overall standards of living in the world while the US was ranked 28th several years ago - and probably isn't even in the top 30 anymore. Still, they never let the facts get in the way of a good rant about the evils of mankind trying to look out for one another and the horrors of the common good. I don't know if it's just bad genes or maybe they never watched Sesame Street and learned about sharing.
"Whatever you say Stone Cold Steve Austin…I don't know why I just said that. Doesn't make a lot of sense, but gonna stand by it. Whatever you say Stone Cold Steve Austin! I'm owning it." - Rick Sanchez