If you think the the current status quo late stage Capitalism with most of the wealth going to the greedy top .01% (300 to 1 average worker CEO pay ratio=rigged perversion) with 10% of petty bourgeoisie who own 90% of Wall Street Casino Stocks, 80% of the spectrum of Middle classes just making ends meet (stressed out) and 10% living in a…
If you think the the current status quo late stage Capitalism with most of the wealth going to the greedy top .01% (300 to 1 average worker CEO pay ratio=rigged perversion) with 10% of petty bourgeoisie who own 90% of Wall Street Casino Stocks, 80% of the spectrum of Middle classes just making ends meet (stressed out) and 10% living in abject poverty with one in 5 kids going to bed hungry every night and half a million homeless people as something to put up on a pedestal based on an empty calorie snack food- then you have a limited vision and low expectations of what a better, more equitable economic system and country could look like! I am no communist but surely we could do better! We write books, symphonies, paint and sculpt masterpieces, figured out electricity and split the atom and put people on the moon several times (and yes figured how mass manufacture junk food) but we can't come up with a better, more egalitarian economic system where all humans at least have the basics, some dignity and breathing space as President Biden understands? Come on Man! Give me a break!
It's so disappointing you could read an essay that blatantly lays out the story of people escaping poverty by using the free market to create useful things for others and still come away demanding an "equitable" economy—Marxist newspeak for government control.
Why not actually learn about free market capitalism and the basics about economics before coming to the conclusion that people having economic freedom is to blame for homelessness and food insecurity? Economic freedom is what's allowed food and housing to be produced in mass—the government intervention you're advocating for is what's led to artificially increased costs for both today.
Just your use of the word "equitable" in discussing economics betrays a serious lack of appreciation for how the economic freedom that capitalism affords people works. There is no such thing as an "equitable" economy without giving some people more power than others to control the freedom of all. Pursuing an "equitable" economy is partially what led to the Cuban revolution and its outcomes, where basic medicine and food are scarce. I still have family living there and they would be thrilled to suffer even under today's "late stage capitalism" instead (the correct term is "mixed economy", which refers to the partial implementation of socialism).
What you misunderstand, just as I once did, is that people advocating for free market capitalism aren't at all advocating for the status quo—we're advocating for a return to respecting everyone's right to economic freedom so that every person can better their lives without depending on permission from anyone.
It's hard for me to restrain my frustration with your misinformed opinion because it's exactly the flawed understanding I once held of capitalism when I was a socialist. I'm lucky I got out of that perspective and actually learned about capitalism instead of continuing to repeat propaganda talking points without knowing anything about how economics or capitalism actually work. You don't help impoverished people by giving the government control of the economy they rely on for sustaining themselves. Please take the historical suffering caused by government economic control seriously. Actually learn about why people like the author and myself believe free markets have and always will be the best pathway for maximizing upward mobility for ALL people.
If you think the the current status quo late stage Capitalism with most of the wealth going to the greedy top .01% (300 to 1 average worker CEO pay ratio=rigged perversion) with 10% of petty bourgeoisie who own 90% of Wall Street Casino Stocks, 80% of the spectrum of Middle classes just making ends meet (stressed out) and 10% living in abject poverty with one in 5 kids going to bed hungry every night and half a million homeless people as something to put up on a pedestal based on an empty calorie snack food- then you have a limited vision and low expectations of what a better, more equitable economic system and country could look like! I am no communist but surely we could do better! We write books, symphonies, paint and sculpt masterpieces, figured out electricity and split the atom and put people on the moon several times (and yes figured how mass manufacture junk food) but we can't come up with a better, more egalitarian economic system where all humans at least have the basics, some dignity and breathing space as President Biden understands? Come on Man! Give me a break!
It's so disappointing you could read an essay that blatantly lays out the story of people escaping poverty by using the free market to create useful things for others and still come away demanding an "equitable" economy—Marxist newspeak for government control.
Why not actually learn about free market capitalism and the basics about economics before coming to the conclusion that people having economic freedom is to blame for homelessness and food insecurity? Economic freedom is what's allowed food and housing to be produced in mass—the government intervention you're advocating for is what's led to artificially increased costs for both today.
Just your use of the word "equitable" in discussing economics betrays a serious lack of appreciation for how the economic freedom that capitalism affords people works. There is no such thing as an "equitable" economy without giving some people more power than others to control the freedom of all. Pursuing an "equitable" economy is partially what led to the Cuban revolution and its outcomes, where basic medicine and food are scarce. I still have family living there and they would be thrilled to suffer even under today's "late stage capitalism" instead (the correct term is "mixed economy", which refers to the partial implementation of socialism).
What you misunderstand, just as I once did, is that people advocating for free market capitalism aren't at all advocating for the status quo—we're advocating for a return to respecting everyone's right to economic freedom so that every person can better their lives without depending on permission from anyone.
It's hard for me to restrain my frustration with your misinformed opinion because it's exactly the flawed understanding I once held of capitalism when I was a socialist. I'm lucky I got out of that perspective and actually learned about capitalism instead of continuing to repeat propaganda talking points without knowing anything about how economics or capitalism actually work. You don't help impoverished people by giving the government control of the economy they rely on for sustaining themselves. Please take the historical suffering caused by government economic control seriously. Actually learn about why people like the author and myself believe free markets have and always will be the best pathway for maximizing upward mobility for ALL people.
STFU AI Troll! Get a Life!
Classic anti-capitalist response lmao