COMMENTS New
Thinking as Capitalists or as Socialists.
Posted,
Saturday, November 1, 2008 3:20 pm Thank you for your fine articles. I just finished
reading your latest article, "How US Politicians and Bankers Built a
Financial Debt House of Cards." Following is the commentary I used when
sending it out to those on my lists: My comment: All of the corruption in the economic
system can be seeing as the "WAY OF THINKING" of a society. People
either think as capitalists --a thinking based on individualism and greed and
competition. Or, people think as socialists --a thinking based on
society/humanity and sharing and cooperation. (NOTE: Not the false market
socialism that is being presented as "socialism") Before our
society can be changed, the "thinking" must be changed. The
thinking cannot be changed until the masses, esp. the youth, are educated,
especially about the history of US terrorism. They must understand WHY a
country uses terrorism (military and economic) AND the tactics used. The
reason is to control the people of this and other societies. Control is made
very easy when people are ignorant (not stupid but ignorant) and when they
are in a state of fear. My comment: DEREGULATION is the KEY
tactic used by capitalists to protect the moneyed interests, to open the door
for every financial and public abuse possible and to take away the rights and
financial security of the masses. Socialism or Nothing! Joan New
Regulation and Redistribution.
Posted,
Tuesday, October 30, 2008 11:24 am Do you believe the answer to the American economy is
socialism and redistribution of wealth? Or do you believe in capitalism and
an unregulated free market? If the latter, who do you believe can best
continue free enterprise--Republican party, Democrat party, Libertarian
party, Constitutional party, or some other party? Tom Answer by R. T.: In a few words, here is my answer: The financial sector is vital to the economy and cannot
be left to fail. Therefore, it must be regulated. For other sectors, where the level of competition is
high or adequate, no public regulation is necessary and free enterprise can
operate, raising productivity, lowering costs and prices. For oligopolistic sectors where there are only a few
producers, the danger of collusion is high and anti-combines laws are
required. No single political party seems to be flexible and
practical enough to approach this issue. Either these parties go too far
toward regulation or remove regulation entirely. Both approaches may be
counter-productive. (Home: TheNewAmericanEmpire.com) |