Does American Capitalism Still Work?

Рет қаралды 2,599

4 күн бұрын

In a time of growing wealth disparity and evolving societal values, can capitalism adapt to sustain the American Dream?
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Пікірлер: 18

@freeheeler09 Күн бұрын

Why are we letting hedge funds and corporations and foreign investors buy all of our single family homes?

@camerond Күн бұрын

Because they pay for political campaigns

@philipwong895 Күн бұрын

Politics determines how wealth is distributed within a country, while wars and diplomacy determine how wealth is distributed between countries. The citizens of the world's richest country with the most expensive military are enjoying these benefits of Capitalism: Economic inequality, inflation, stagnant real wages for the last fifty years, costly healthcare, an expensive education system, student loan debt totaling $1.7 trillion with an average balance of $38,000, poor public transportation systems, racial inequality, mass incarceration, the militarization of police, deteriorating infrastructure, housing affordability, homelessness, the opioid epidemic, and gun violence. Instead of prioritizing the welfare of its people, the US meddles in other countries to spread its version of democracy. The question is whether the USA can continue to survive with its version of democracy, not whether it can have any leadership role in the global order.

@esp200165 Күн бұрын

@JohnChampagne 22 сағат бұрын

It is an indication of how thoroughly dysfunctional our political discourse is that we can have a conversation about problems of capitalism but hear no mention of the problem of externalities and no mention of the idea that natural wealth belongs to all. If a person--especially if a policy-maker--believes that workers should have a normal amount of bargaining power, they should call for equal sharing of natural wealth. UBI is a general idea. It can be made into a principled policy (not just another demand on government for handouts) by basing it on the idea that air and water and other natural resources belong to all. IF we charge fees proportional to how much industries take natural resources, emit pollution or destroy wildlife habitat, the money collected would represent the value to society of the resources and services made by natural processes, not human effort. The money should be shared equally. Abject poverty would be eliminated. (This should be a global policy.) Industries would feel an economic incentive to *reduce* harm to the environment. Profit would align with sustainability.

@tipupakoro5729 Күн бұрын

You must eat da bugs.

@rakadus Күн бұрын

"The Bail Out Nation".

@GuzzarAwan 2 күн бұрын

American capitalism do work. Thats why all investment shifted to most efficient region and that is china.

@josephdelgiorgio3382 Күн бұрын

hahah buddy Chinese are smart, hard working people. However there has been a net outflow of capital this year from china. China is panicking, all sovereign wealth has been parked in USA that's why our stock market roars to ATHs

@josephdelgiorgio3382 Күн бұрын

USA will not have this luxury forever, but it could very well have it for another 50 years because we have no reserve currency rivals other than crypto currency...the Chinese economy is a closed loop economy. BRICS should be successful, but it will take decades to get network effect achieved by the dollar