Our brand of rigged market capitalism truly found it’s stride under Reagan’s deregulation giveaway. We’ve been exporting/advocating/bullying other developed nations to do the same ever since. There are tightly, tightly controlled, adequately taxed capitalist economies that focus on how REASONABLE capital incentive can benefit society (the point of any economy, that we’ve abandoned) that can work, like the Nordic model, but now we’re coming for that too, and we’ll do to them what we did to the UK and are doing to France.
It’s an easy sell. A faustian bargain. You just need a few people in the right positions of power. “Hey, YOU can live larger. You can live like a modern pharoah. Just sell out your countrymen. Do you like yachts? How about yachts the size of cruise ships?”
And Margaret Thatcher was doing her own disassembly of worker’s rights. They enabled each other, but one wasn’t wholly dependent on the other for their actions.
Capitalism isn’t exclusive to the US. It’s definitely a major breeding ground for the worst aspects of it, but it’s hardly unique in that regard.
The US is the terrorist headquarters of capitalism.
isnt something like 99.8% of the population financially incapable of holding capital/being called capitalists?
That’s the dirty secret of capitalism: it’s actually just feudalism with a different set of qualifications for membership in the nobility.
Capitalism, sure, but how about child labour in first world countries?
If that’s literally your only metric, maybe.
If there’s no child labor, then everything is a-okay in your book?
Oh you want more? How about:
number of medical bankruptcies?
Lack of workers rights?
The school to prison pipeline?
Lack of mental healthcare?
Our brand of rigged market capitalism truly found it’s stride under Reagan’s deregulation giveaway. We’ve been exporting/advocating/bullying other developed nations to do the same ever since. There are tightly, tightly controlled, adequately taxed capitalist economies that focus on how REASONABLE capital incentive can benefit society (the point of any economy, that we’ve abandoned) that can work, like the Nordic model, but now we’re coming for that too, and we’ll do to them what we did to the UK and are doing to France.
It’s an easy sell. A faustian bargain. You just need a few people in the right positions of power. “Hey, YOU can live larger. You can live like a modern pharoah. Just sell out your countrymen. Do you like yachts? How about yachts the size of cruise ships?”
And Margaret Thatcher was doing her own disassembly of worker’s rights. They enabled each other, but one wasn’t wholly dependent on the other for their actions.