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re: Populism is the only Thing That Will Save Capitalism

Posted on 11/27/23 at 3:59 pm to
Posted by RiverCityTider
Jacksonville, Florida
Member since Oct 2008
6584 posts
Posted on 11/27/23 at 3:59 pm to
As I revisit my original stance, let me first reflect on the consensus. Contrary to expectations, a significant number believe our system remains intact, offering the promise of a good life, inclusive of safe neighborhoods, retirement plans, and sufficient health coverage.

Yet, the finger is pointed at the populace. Despite family incomes and living costs suggesting otherwise, the inability to achieve the "American Dream" is attributed to a perceived lack of ambition or intelligence in the majority.

A minority, however, recognize deeper issues, citing irresponsible governance, economic monopolies, and plutocratic tendencies as root causes.

This discourse will undoubtedly evolve over the next five years, a period I intend to observe closely.

People often remain indifferent until personal circumstances force a change in perspective. This shift can manifest in two ways. For some, the impending economic storm could erode their luxurious lifestyles. For the elite, insulated by wealth, the tide may only turn when societal unrest reaches their thresholds, echoing the ominous line from Hemingway's "For Whom The Bell Tolls": "No man is an Iland, intire of it selfe."

Meanwhile, the apathetic sentiment of "let them eat cake" prevails.

Regarding my view that populism could recalibrate capitalism to benefit the masses through responsive and adaptive governance, I maintain my position. Ignorance of surrounding distress is a dangerous path, and hastily attributing such suffering to the afflicted's own failings is even more perilous.

To clarify, my critique is not of Capitalism in its essence, but of its current manifestation in our country. I do not an endorsement socialism, but I do question the efficacy of our present so called "free enterprise" system.
This post was edited on 11/27/23 at 4:01 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295903 posts
Posted on 11/27/23 at 4:00 pm to
quote:

Hayek himself admits that society should protect the environment and socially vulnerable like widows and orphans.


I have no problem supporting orphans, thats something we all would agree on. No problem helping people who are disabled to the point of not being able to work.

If we stopped giving money to the able bodied, maybe we would have more resources for orphans and disabled.

Widows today have college degrees, theyre on their own.
This post was edited on 11/27/23 at 4:02 pm
Posted by Esquire
Chiraq
Member since Apr 2014
14392 posts
Posted on 11/27/23 at 4:04 pm to
quote:

whatever you linked - you are nothing whatsoever but a dumbazz - literally nothing but... as you just showed again nothing but.. never have been likely never will
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295903 posts
Posted on 11/27/23 at 4:18 pm to
quote:

but I do question the efficacy of our present so called "free enterprise" system


Its far less free than it once was. Regulations probably add 20% to the cost of most goods and services.
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