You describe human migration and cultural interaction and place that at the heart of “capitalism”? I think that is all too simplistic, and leads us down an angry rabbit hole that offers NO solutions.
Capitalism is based on “private” ownership of industry and trade for profit. That’s WAY too loose, so structure needs to be in place, to pre…
You describe human migration and cultural interaction and place that at the heart of “capitalism”? I think that is all too simplistic, and leads us down an angry rabbit hole that offers NO solutions.
Capitalism is based on “private” ownership of industry and trade for profit. That’s WAY too loose, so structure needs to be in place, to prevent things like profiting from grifting people with frauds and inferior products, not to mention anti-trust to prevent excessive accumulation of wealth that allows those with money to victimize those with less. Structure to prevent exploiting labor by siphoning profit only to the top, leaving the actual creators of “value” to struggle for their daily bread. {I think FDR understood all this …so did Teddy, to an extent.}
What countries did centuries ago need not define what we do now. How we structure our world, our economies, ownership and sharing the resources needed to make things and provide services, as well as the profit from making and selling those things and services … that is what I’m talking about. We don’t have to leave “ownership” as “unfettered” … And we don’t leave it unfettered. We have a lot of fences. Mostly on industry …Not enough on money and finance.
People might not like my bringing her up, but Sen. Eliz.Warren had a plan to protect consumers from the some of the power of financial over-reach, The Consumer FINANCIAL Protection Bureau, but Obama was told he could not have the bureau with her in charge, so they put someone else in charge and pretty much castrated the Bureau. {He gave in to Wall Street far too much — possibly because he was so new to national politics that he did not have the network of allies he needed to resist them — He had way too many Wall Street and Clinton centrist types in his cabinet. He had other things foisted on him, too, like the ACA with insurance companies at its heart, and refusal to address his court appointments.}
What I see is a need to identify our structural shortcomings and address them… I see us arguing against broad descriptions of something that needs to be seen much closer to the bone — and needs to be seen regarding its nitty-gritty functionality. Analyze our economic structure, and work on making it better.
We have the skills. And skilled people. Of course, they’ll call it “socialism,” but it’s not. Although a touch of socialism added to capitalism makes for a much better financial stew. If only we could help people understand which side their bread is buttered on. {Stew, bread, butter … it does all come down to that in the end. The bread-and-butter issues…}
What are YOUR solutions? Serious, real-world, function-on-a-national and international-scale solutions?
You describe human migration and cultural interaction and place that at the heart of “capitalism”? I think that is all too simplistic, and leads us down an angry rabbit hole that offers NO solutions.
Capitalism is based on “private” ownership of industry and trade for profit. That’s WAY too loose, so structure needs to be in place, to prevent things like profiting from grifting people with frauds and inferior products, not to mention anti-trust to prevent excessive accumulation of wealth that allows those with money to victimize those with less. Structure to prevent exploiting labor by siphoning profit only to the top, leaving the actual creators of “value” to struggle for their daily bread. {I think FDR understood all this …so did Teddy, to an extent.}
What countries did centuries ago need not define what we do now. How we structure our world, our economies, ownership and sharing the resources needed to make things and provide services, as well as the profit from making and selling those things and services … that is what I’m talking about. We don’t have to leave “ownership” as “unfettered” … And we don’t leave it unfettered. We have a lot of fences. Mostly on industry …Not enough on money and finance.
People might not like my bringing her up, but Sen. Eliz.Warren had a plan to protect consumers from the some of the power of financial over-reach, The Consumer FINANCIAL Protection Bureau, but Obama was told he could not have the bureau with her in charge, so they put someone else in charge and pretty much castrated the Bureau. {He gave in to Wall Street far too much — possibly because he was so new to national politics that he did not have the network of allies he needed to resist them — He had way too many Wall Street and Clinton centrist types in his cabinet. He had other things foisted on him, too, like the ACA with insurance companies at its heart, and refusal to address his court appointments.}
What I see is a need to identify our structural shortcomings and address them… I see us arguing against broad descriptions of something that needs to be seen much closer to the bone — and needs to be seen regarding its nitty-gritty functionality. Analyze our economic structure, and work on making it better.
We have the skills. And skilled people. Of course, they’ll call it “socialism,” but it’s not. Although a touch of socialism added to capitalism makes for a much better financial stew. If only we could help people understand which side their bread is buttered on. {Stew, bread, butter … it does all come down to that in the end. The bread-and-butter issues…}
What are YOUR solutions? Serious, real-world, function-on-a-national and international-scale solutions?