justin_o_guy2
Serious Thumper
Offline
What happened?
Posts: 55279
East Texas, 1/2 dallas/la.
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We've never seen capitalism. It was long before our time. America grew and its people prospered before income taxes and the Federal Reserve. Bankers colluding to control the money supply by manipulating interest rates created the economic upheavals that set the stage for the Need for the Federal Reserve. It's STATED REASONS for Existing were to protect the people from economic crises and maintain the value of the dollar. The very Process for Creating a dollar devalues the dollar. The Great Depression underscored the true worth of the Federal Reserve. It's a complete failure.
Capitalism is the only system that makes sense. Socialism has never worked except for one country and the name escapes me right now, but they have something, oil I think, they export enough to provide a reasonable lifestyle for their people.
We have only seen crony capitalism, and, to a degree, fascism.
Fascism | Definition of Fascism by Merriam-Webster Merriam-Webster › dictionary › fascism Definition of fascism for Students. : a political system headed by a dictator in which the government controls business and labor and opposition is not permitted.
We don't have a dictator, per se, but given the power that has slowly been accrued to the president it's daggum close. The government has way too much influence in business and Big Business is and has been Lobbying for rules and regulations that enhance Their position and limit the upstart competition.
Consider a large chain of retail outlets, nationwide. Let's say they start people out at $10.00/hour. And, let's say the minimum wage, nationwide, is $8.00/hr. It's not gonna Hurt them if the national minimum wage goes to $10.00. It's gonna hurt their competition. So, they lobby to raise the minimum wage and they Look like champions of the working class. Well, to the people who don't understand what demanding more pay than the employer can afford they do. Yeah, those great jobs didn't All leave just because of NAFTA. The unions that drove the car makers dang near into bankruptcy helped. Unions are needed in places, and without them to demand safe working conditions and reasonable hours and fair pay, plenty of greedy people would be taking advantage of the workers. That's especially true when the number of unemployed is high. Labor is like any other commodity. When you can walk outside and grab a replacement for the guy who said Screw this!I Quit.
Then a heartless employer has no reason to appreciate the people who are making his business succeed. The other side of the coin is really great for people trying to sell labor. Do democrats actually believe that only republicans benefit from the open borders and want cheap labor? How many unemployed people are necessary to create the situation that allows employers to discard workers like trash?
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