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you deserve what's coming...
DECEMBER 26, 2011 3:34PM

capitalism doesn't work.

Rate: 5 Flag

you can see it not working. you can see it in the millions unemployed, losing their houses, uninsured, dropping out of education.

the apologists will answer, that there is a temporary glitch, service will return to normal soon.

not good enough.

when one link of an anchor chain fails, and the ship is lost, we don't say, "only one link failed, most of the chain is perfect." when a car works just fine for 100 yards, but then stops until it cools off, you don't say "it works most of the time."

aside from periodic failure, the system doesn't even pretend to work for everone. imagine throwing people into the garbage can, because they are 'unneeded.' america is a nation that views its people as a commodity, to be bought and sold, and thrown away, as required.

an economic system that can't even pretend to work all the time for all the people is no system at all, it's a label for an economic free-fire zone.

the fall-back position for the apologists of capitalism is that it is the best system available. best for what? best for who?

it's not best for the nation, because the lost production and skills can never be replaced, they are a permanent scar on the economy. it may be best for the '1%' to destroy any savings in the lower classes, as it makes them humble and pliable, but it's not best for the 99%.

and there are other, better systems, without even getting into total socialism.  many nations in europe achieve better results in the 'civilization indices' by simply injecting some worker control into production and commerce.

this can't be done in america because the sacred constitution flash-froze american society in the legal attitudes and customs of georgian britain. capitalism doesn't work, because it was never meant to. it was just a label applied to a bandit society ruled by looters and exploiters, the 'cosa nostra' of anglophone nations.

 

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Comments

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what happened to the 5 myths? went out for dinner before finishing your post and now, it is gone!!!
i have never bound my self to 5 myths., i suspect you find them gone because you were elsewhere before dinner. wine with dinner? une apertif? un peu de cognac apres?
capitalism == privatized gains, socialized losses
non mon ami! i was quite lucid.....but hey it's your post, if you have second thoughts...mamma mia! you can truncate whatever pleases you.......
cheers and saluti
I tend to agree with you after this past year in WI...everything has been turned upside down and we see the real costs as some are asked to sacrifice more and more (who can least afford to), while others are coddled (who can spare the most)...
Not only doesn't it work, it works in reverse! We're traveling hundreds of years into the past right now! It's a wayback machine!



(rolls cart of dirty rags up street, scenes from middle ages in background...)
"you can see it not working" 'nough said....I hear there's a good 400 people who are very happy w the way our capitalist bureaucracy turned out...
Al,
please accept my humble excuse....it was another post, also on capitalism, that i did not finish before going out for dinner........
Saluti
I was thinking of flagging you, based on your non sensical posts. In your basically free thought posts we agree on much. Please stop posting on my posts, I'm not sure if you're on meth or taking ex or where you're coming from.
jay, i'll comment if i think it's a good idea, you clip if you don't like what i say. free speech is a good thing, even when you get disagreement.