Democracy is "the great american experiment", and I think it failed. It was a lovely, idealistic, idea, but it's been ruined by capitolism.
It is inherently wrong, that is what you people don't understand. It is morally and ethically corrupt. Why should everyone be economically equal if they did not put in the time, labor, skills, and work as much as someone else did? That's bullshit. Right now over winter break from college, I am busting my ass doing construction type stuff, and making nine dollars an hour. Why should anyone but myself have access to my paychecks if they didn't work for it? That's called stealing, or what socialist nations do I like to call, "Legalized theft."
HAHA! Why should Beyonce make millions doing 10 days of shoots for cosmetics whlie you make $9 an hour busting you ass? Why should a rapper be making millions rhyming while a factory worker makes $12 an hour busting his ass? Capitalism supports the lazy not communism. People making money off the labour of others instead of the workers reaping the benefits. Prime example: Wal-Mart Largest corporation on the planet and yet the majority of employees make less that $9 an hour. (I made $7 an when I worked there) Wal-Mart also has a nasty habit of keeping your work hours just part time to cheat you out of benefits.
That's their job. They have talent, the people are willing to pay for them and so are their record companies. For the majority of the time, capitalism rewards those who work. Most people are not millionares or rich. I dont know much about Wal Mart and that stuff, but I have heard on the news they've been getting into trouble.
Man, haven't been here in a while... Hmm, so therefore, you believe that Social Security, Medicare, and all those social programs we presently have is "legalized theft"? How is government funded without "stolen" money? Why should everyone be economically equal if they did not put in the time, labor, skills, and work as much as someone else did? That's bullshit. You seem to automatically assume that everyone got to their present economic status through a purely meritocratic process. Fact is, many people owe their wealth (or lack of it) to ascription rather than achievement - in other words, they inherit it, and inherit the connections and greater life opportunities that enable them to achieve greater success in the capitalist world. I could just as well ask why certain people are so much more financially endowed than I am primarily because they were born into the right class. Which is more bullshit? Capitalism can indeed reward those who work hard. But that is in no way the rule. Especially when capitalist systems have been around for a while and the wealthier classes entrench themselves, it becomes more and more difficult to climb very far up the socio-economic ladder through achievement and hard work alone.
While socialist systems can pride themselves on making rich people poor, only capitalism makes poor people get richer. Which is more important?
Capitalism doesn't make the poor people richer...it makes the rich, priviliged people richer. If you haven't noticed the US's middle class is getting smaller and smaller while the lower class is growing.
"The rich get richer and the poor get poorer" is a matra of the left which has been repeated for decades, but is not based on fact. The poor are not getting poorer, and in fact the US in the 1990s under Clinton saw great progress in reducing poverty, and looking outside the US, poverty has declined in poor countries as well - particularly if excluding sub-saharan africa, where civil wars have doomed economic progress. China and India, the two largest poor countries, are recording exceptionally strong economic growth, and that is raising living standards for hundreds of millions of people. Quality of life indicators are also improving. That's not to say we couldn't do better, I'm just saying keep in mind that capitalism is the only economic system that has ever raised any nation out of poverty. Capitalism works.
I wasn't saying it because it sounded good. We all know that the middle class is getting smaller and smaller. Andit isn't because they are getting richer. http://www.factcheck.org/article249.html
That article is based on three years of information. 3 YEARS!!!! Just how quickly are you expecting the market to stabilize itself?
I'm just saying keep in mind that capitalism is the only economic system that has ever raised any nation out of poverty. Capitalism works.This is the thing. Capitalism like Democracy has to be managed to work with any degree of justice, otherwise they are concepts that can do a great deal of damage. For example, in a democracy there needs to be protection of the rights of minorities and in capitalism there needs to be protection from exploitation. The devil is in the detail. Just what balance is the right balance? ** To me, many people here seem to have a naive faith in the limitless beneficence of ‘capitalism’ and an inflated idea of its positive effects in shaping the modern world. That is not to say that its importance should be underestimated, but a lot of modern thought and institutions have been shaped as much by the realisation of and in opposition to its negative effects. For me one of the great benefits of a democratic system, that is working effectively, is its ability to limit the exploitative nature of capitalism. One reason why I think the American concept of democracy is failing is that that does not seem to be happening.