Posted June 19, 2017
Well there are/were places in the world that leaders would talk about a "great economical system" were everyone would have the same quality of life and equality. However if you look at these places the population are way poorer than in Capitalist Countries. Look at Cuba, former USSR countries or North Korea. I dont see them enjoying the same kind of freedom that we do.
What are you saying is the same bland promises that Sociopath leaders like Stalin and Hitler gave decades ago to their population. Look where it got them... and How they are doing now....
Liking it or not this is the best way for the world to work. And even if its not entirely fair. It still gives everyone a chance to get to the top in life, even if its only once.
What you are talking about is a big pile of "Pipedreams" this doesnt exist anywhere and would never work. Someone always has to carry "the burden" or take the blame;
The American socio-economic system can best be described as welfare socialism, corporate socialism, or crony capitalism. Thanks to the Federal Reserve System, we've seen consolidation on a scale that is far beyond extreme, leaving us with corporate entities that are far worse than the monarchies that existed back in Adam Smith's day, when mercantilism held sway.
The problem with capitalism is much the same as the problem with democracy: it is essentially an honor system and can only function properly when virtue holds sway, because it is very easily corrupted --- and the Federal Reserve System is a perfect example of this, introducing moral hazard to such an extent that the global financial system is comprised of compulsive gamblers.
Corruption is every bit as deadly as the Black Plague, but rather than physical degeneration, it produces psycho-spiritual degeneration that invariably leads to self-destruction.
