A friend of mine recently called me more brainwashed than anyone for questioning capitalism and said how can I question a system that gives me bread and butter.
When I tried to point out that the system does not give me food by the goodness of it’s heart but rather extracts something out of me in return, he pointed out that Milton Friedman was a staunch supporter of capitalism and there is no way I can know more than him.
But the truth is, the world is crumbling. And I had rather believe what is unfolding before my own eyes than an economics textbook from 1970s (not to mention, that unlike say math economics isn’t that objective a field. Just like he purported a free market supporting Economist, I too can forward names of folks who support the opposite POV).
The day folks stop seeing themselves as temporarily embarrassed millionaires would be awakening.
Is there any hope of asking when the most prosperous period of the USA was and what economic policies were used to create those conditions? Keynesian policies during the new deal - which are a tad different from MF’s.
Easily the 90s when Clinton wiped the USA debt away to a clean slate, and Bush immediately made it worse with Iraq in his next term. I’m speaking loosley, but assume that’s when this all started based on your question.
Most people are just in denial. The left has been calling out capitalism as the problem for over a century
There was just a decent period in the middle there for the west that put a lot of people into complacency, but finally we’re starting to approach the logical conclusions of capitalism again, and it’s all coming crashing down
Unfortunately I strongly believe that things are going to get much worse before they get better. I think the vast majority will need to be shocked into action
Capitalism baby!
People still look at me like I’m some sort of conspiracy theorist when I say that it’s all connected back to capitalism
A friend of mine recently called me more brainwashed than anyone for questioning capitalism and said how can I question a system that gives me bread and butter.
When I tried to point out that the system does not give me food by the goodness of it’s heart but rather extracts something out of me in return, he pointed out that Milton Friedman was a staunch supporter of capitalism and there is no way I can know more than him.
But the truth is, the world is crumbling. And I had rather believe what is unfolding before my own eyes than an economics textbook from 1970s (not to mention, that unlike say math economics isn’t that objective a field. Just like he purported a free market supporting Economist, I too can forward names of folks who support the opposite POV).
The day folks stop seeing themselves as temporarily embarrassed millionaires would be awakening.
Einstein supported socialism. You think you’re smarter than Einstein???
Is there any hope of asking when the most prosperous period of the USA was and what economic policies were used to create those conditions? Keynesian policies during the new deal - which are a tad different from MF’s.
Easily the 90s when Clinton wiped the USA debt away to a clean slate, and Bush immediately made it worse with Iraq in his next term. I’m speaking loosley, but assume that’s when this all started based on your question.
Most people are just in denial. The left has been calling out capitalism as the problem for over a century
There was just a decent period in the middle there for the west that put a lot of people into complacency, but finally we’re starting to approach the logical conclusions of capitalism again, and it’s all coming crashing down
Unfortunately I strongly believe that things are going to get much worse before they get better. I think the vast majority will need to be shocked into action
I sadly think you are right. On a positive note, we do win on a long enough time line. It’s inevitable.