This is great news. 42% of Americans say that capitalism is not working well in the US. Sure, 58% say it is working well, but that 42% sure is a great figure. Amazing. I bet four years ago you could not even ask that question in a survey for fear you might get killed. It was one of those “unaskable questions.”It is hard to believe that 42% of Americans agree with what we socialists have been saying for years.
We need to subtract 4% off that 42% though because those are Tea Party tards who say that capitalism isn’t working in the US because of too much government interference and regulation.
Sure, capitalism may have worked pretty well at various points in America’s past. I think what they are saying is that this current brand of radical, laissez faire, Ayn Randist, Libertarian crony capitalism pretty much blows. Well of course it does. It is great for the rich and the corporations and it’s bad for everyone else. Why is it so? Because this is how it is designed to work. The economics of the rich is designed to benefit the rich and screw everyone else. The economics of the corporate class is designed to benefit them and screw everyone else.
The solution then is more socialism and less capitalism. More regulation of business and corporations. More democratic decision making. Making political choices based on what is good for communities, the workers, the poor, children, mothers, consumers and the environment and not what is good for corporations and the rich.
Typically, what is good for corporations and the rich is bad for communities, poor people, workers, ordinary folks, consumers, the environment, kids and Moms. So it’s an either/or thing. You are for one or the other. Where the interests of the corporations and the rich are bad for those listed above, we need to side with those listed above and against the corporations and the rich. Business will carry on regardless. Corporations are designed to make money and make it hand over foot whether we regulate them or not. Rich people stay rich no matter which political party is in charge. They even stay rich after we tax the Hell out of them.
The business class and the rich are always screaming that if we crack down on their predations of make them pay their fair share, the economy will collapse and the apocalypse will ensue. This has never happened in the US, nor has it happened in much of the world. It’s never happened in Europe, the Middle East or South Asia. In some former Communist countries, there are excessive regulations and restrictions on business, but this is by far the exception and not the norm in the world today.
My favorite solution is market socialism or a social market. Nothing wrong with a market. A market is great for making stuff and keeping the stores full and creating wealth. All fine and good. But it needs to be regulated to the interests of society, and society needs to be able to shut down or limit any aspect of the market that is getting out control and hurting society more than it is benefiting it. Markets should be regulated to serve the interests of society. Markets must serve society, not the other way around. In the US, society serves the market and the market. Well screw that.
We also need to keep the market out of politics. The market is great as a tool for creating wealth and making lots of stuff, but it’s terrible as a political class. The market as a tool, not as a form of politics.
I really like what the Chinese, Vietnamese, Laotian and Cuban Communists are doing in this regard. Belarus is also doing very well, and Europe has been doing well for a long time. Venezuela’s Bolivarianism is another great model, being somewhat copied now by Nicaragua, Argentina. Brazil, Bolivia and Ecuador.
This is another way!