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re: Blackrock will own 70% of Homes in 6 years. We will own nothing.

Posted on 10/22/23 at 10:23 am to
Posted by RiverCityTider
Jacksonville, Florida
Member since Oct 2008
4651 posts
Posted on 10/22/23 at 10:23 am to
We are learning a valuable lesson about the difference in conservatism and populism.

Conservatives are warmongers without regard for the general well being of the people.

To a conservative, a product made by slave labor in Vietnam is A OK if profits are maximize. He never considers the types and quantities of jobs available to American workers.

Conservatives are deftly afraid of big government but see no threat from massive corporations, which are seem as the product of a Darwinian economic evolution they call free enterprise.

The reality is corporations get big and really powerful and they then control lots of resources that they use to coop government and gain control.

Another reality is that free trade is often nothing more that exporting jobs to tyrant nations that disregard the basic human rights of workers.

Populism protects sovereignty. Populism insists that the system works for a decent plurality of its workers. Populism ensures national security by preserving manufacturing capabilites over short-term and short sighted corporate greed.
Populism advocates free markets and private ownership but recognizes that it only works within certain parameters and that too much concentration of wealth in certain companies or by certain people is just too dangerous to the people's interest.

Populism does not advocate socialism which does not work and is not just. But it does hold both the government and the corporate world accountable to the general welfare... just as it holds the individual also accountable to his lot in life
This post was edited on 10/22/23 at 10:32 am
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