Sat May 15, 2021, 07:46 PM
hedda_foil (15,901 posts)
Why Capitalism Didn't Free Americans -- It Exploited Them
https://medium.com/@umairh/why-capitalism-didnt-free-americans-it-exploited-them/
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26 replies, 1952 views
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Author | Time | Post |
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hedda_foil | May 2021 | OP |
Celerity | May 2021 | #1 | |
hedda_foil | May 2021 | #2 | |
Celerity | May 2021 | #6 | |
whathehell | May 2021 | #3 | |
Tomconroy | May 2021 | #4 | |
Dan | May 2021 | #8 | |
Tomconroy | May 2021 | #9 | |
Dan | May 2021 | #12 | |
brooklynite | May 2021 | #5 | |
Dan | May 2021 | #7 | |
whathehell | May 2021 | #11 | |
Dan | May 2021 | #13 | |
whathehell | May 2021 | #14 | |
Budi | May 2021 | #10 | |
obnoxiousdrunk | May 2021 | #15 | |
Budi | May 2021 | #16 | |
whathehell | May 2021 | #17 | |
Budi | May 2021 | #18 | |
betsuni | May 2021 | #20 | |
betsuni | May 2021 | #19 | |
Ron Green | May 2021 | #21 | |
GulfCoast66 | May 2021 | #22 | |
Blue_true | May 2021 | #23 | |
GulfCoast66 | May 2021 | #24 | |
Blue_true | May 2021 | #25 | |
Xolodno | May 2021 | #26 |
Response to hedda_foil (Original post)
Sat May 15, 2021, 07:52 PM
Celerity (30,802 posts)
1. a working link
Response to Celerity (Reply #1)
Sat May 15, 2021, 08:00 PM
hedda_foil (15,901 posts)
2. Thanks, Celerity!
Response to hedda_foil (Original post)
Sat May 15, 2021, 08:01 PM
whathehell (27,152 posts)
3. Did it "free" any of the other nations in which it's practiced?
We're hardly alone in it.
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Response to hedda_foil (Original post)
Sat May 15, 2021, 08:07 PM
Tomconroy (5,787 posts)
4. I don't agree with this. The US provides a safety net, perhaps less
generous than in some European countries, but it is there nonetheless. The future is always unknown and in that sense it is always frightening. The possibilities available in this country for reinvention and achieving economic security are considerable. The author sounds like he ran up too much credit card debt.
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Response to Tomconroy (Reply #4)
Sat May 15, 2021, 08:15 PM
Dan (3,243 posts)
8. Good luck living on our less generous safety net.
Response to Dan (Reply #8)
Sat May 15, 2021, 08:24 PM
Tomconroy (5,787 posts)
9. With the institution of social security, medicare and medicaid
the Democratic Party essentially eliminated the problem of poverty among the elderly in a single generation.
Medicaid and Obamacare are providing health care for many. SSD provides a basic level of income for the disabled. I don't claim it is easy to get by on such programs, but the situation is better then the author would have you believe. |
Response to Tomconroy (Reply #9)
Sat May 15, 2021, 09:29 PM
Dan (3,243 posts)
12. The elderly people that are receiving SS,
What is the average benefit. I know that a friend’s mother received SS, and it was less than $200 a month.
I have another friend that is receiving SSD - for a monthly income of $1700. So, maybe the question is, what is an acceptable quality of life? |
Response to hedda_foil (Original post)
Sat May 15, 2021, 08:09 PM
brooklynite (79,980 posts)
5. Do you have an alternative economic structure in mind?
Response to hedda_foil (Original post)
Sat May 15, 2021, 08:14 PM
Dan (3,243 posts)
7. I have always thought this to be true....
Response to Dan (Reply #7)
Sat May 15, 2021, 09:09 PM
whathehell (27,152 posts)
11. WHAT to be true?..Again, does capitalism "free" all the other nations
in which it's practiced?
I dislike the fact that our safety net is less generous than in other capitalist countries, but that can be changed. If the author seeks to criticize that situation, I'm on board, but if it's an attempt to criticize capitalism itself, he or she must acknowledge it's existence in most of the developed world, and discuss the differences. Otherwise, it's just a political hit piece ("America sucks"!)) in an article purportedly examining Economics. |
Response to whathehell (Reply #11)
Sat May 15, 2021, 09:36 PM
Dan (3,243 posts)
13. Capitalism, why do we have to have so many losers?
There has to be something better, what that is - maybe we should be looking more at the European mixed economies.
America does suck in it’s concern for people. America is a beautiful place if you have money. |
Response to Dan (Reply #13)
Sat May 15, 2021, 09:44 PM
whathehell (27,152 posts)
14. Convene a global meeting of capitalist countries and ask that question
The "mixed economies" of Europe are still predominantly Capitalist. If you read my entire post, you'd understand my point.
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Response to hedda_foil (Original post)
Sat May 15, 2021, 08:50 PM
Budi (15,325 posts)
10. Online Reply to Umair's medium rant. "This is rabid Anti-Americanism with an Oxonion vocabulary."
"When you see hysterical headlines in Medium like:
Why Capitalism Didn't Free Americans -- It Exploited Them" "You wonder: who is this person and why does Medium put him front and center? Surely he must know something? The thing is, he doesn’t. This is just rabid anti-Americanism with an Oxonion vocabulary." "These are all standard issue complaints - some valid - often plucked from the headlines, and all stirred up to a fever pitch as catnip to America-haters and other green-eyed monsters. You might also wonder what speed of light he is talking about? The speed of lightheadedness, perhaps - the kind you get from trashing the country you envy. There is plenty to criticize about any country, the U.S. being no exception, but the steady stream of shrill and thinly argued diatribes against the “Big Satan” sounds all too often like standard Jihadist propaganda. And if it isn’t Jihadist, then fill in for any surviving communist or pathetic failed state that can’t think of anyone else to blame but Uncle Sam. Obviously, they couldn’t possibly be to blame for their messes. The funny thing is that if you want to see a lightspeed collapse, you have only to look at Haque’s heritage country of Yemen, where they are facing the sudden likelihood of 5 million refugees due to an intensification of their civil war. Umair will not be wasting any time writing about that country or any other like it……just the land of the Star Spangled Banner, where every America-hater would love to go anyway - if they could just wangle a green card. Better to hate from within than from without - especially when you’re trying to ignore all those other war-torn hellholes….. The funny thing is there has been a famous ISIS recruiter in the UK by the name of Umar Haque.. No doubt it’s a coincidence, but what the haque, Umair should fill the slot - if he hasn’t already!" ******** ******** Hey DUers: IT's Always good to factcheck the unfamiliar author of an Anti-Americanism, Anti-Democracy sounding tribute the likes of many of Umair writings. AND ANOTHER REVIEW: Haque has made a fine art of catastrophisation. The USA is dead. The UK is dead. Civilisation is dead. We’re doomed. We can’t help but wonder why it could be so bad… and so we click. If you haven’t come across them, here’s a selection of headings: *Is This How America Dies? *America is How A Civilisation Collapses *America is a Smoking Fascist Dystopia *The Future is Here and it’s Made of Apocalypse *American Democracy will Die in 50 Days *The Walking Apes Who Destroyed the World America’s Coronapocalpse *It’s Not That I’m Negative, We Really Are Screwed Most of the titles strike hard with a fatalism. They also hail and often bait an audience. “America” and “American” appears frequently. The words “idiot” and “idiots” too. If you yelled across the street “Hey, asshole”, everyone on the other side of the street would of course turn and face you. You got their attention. His heckles-as-headlines are dotted with caustic words like “Death”, “Dying”, “Dumb”, “Dystopia”, “Fascism” and “Collapse”. ETC.... https://stevengambardella.medium.com/on-umair-haque-abdd762860b ************* Looking at his long list of writings, they all have one recurring theme. ANTI-AMERICANISM. I'LL TRASH THIS AUTHOR IF I SEE HIM AGAIN. |
Response to obnoxiousdrunk (Reply #15)
Sat May 15, 2021, 10:31 PM
Budi (15,325 posts)
16. It appears Umair's found a nifty method of Sensationally Exploiting the American reader.
Noted, Umair Haque’s primary income source is Writer
Net Worth - approximatlety $5million + Wiki.. Only in America can one become a multimillionare by selling Anti-American doomsday enhanced rants about the Death of America. Ain't Capitalism Great, or What! $$$$$$$$$$$$$ Here's just a sample of how he's made his millions, in America. Haque has made a fine art of catastrophisation. The USA is dead. The UK is dead. Civilisation is dead. We’re doomed. We can’t help but wonder why it could be so bad… and so we click. If you haven’t come across them, here’s a selection of headings: *Is This How America Dies? *America is How A Civilisation Collapses *America is a Smoking Fascist Dystopia *The Future is Here and it’s Made of Apocalypse *American Democracy will Die in 50 Days *The Walking Apes Who Destroyed the World *America’s Coronapocalpse *It’s Not That I’m Negative, We Really Are Screwed |
Response to whathehell (Reply #17)
Sat May 15, 2021, 10:39 PM
Budi (15,325 posts)
18. America, What a great country!!
Yup. America's been very good for Umair Haque!
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Response to hedda_foil (Original post)
Sat May 15, 2021, 11:12 PM
betsuni (20,328 posts)
19. The populations of other countries haven't been convinced to hate government and taxes.
Too many Americans don't vote for the party that regulates capitalism and provides a social safety net, wants to provide universal health care, good education, worker protections, unions, etc. That's not capitalism's fault, it's not that simple. Unregulated capitalism is Republican ideology. American individualism is a problem, there's a weaker sense of society.
What's the deal with the Soviet art illustrating the article? I see that and think typhus and starvation. |
Response to hedda_foil (Original post)
Sat May 15, 2021, 11:58 PM
Ron Green (9,660 posts)
21. "The problem with Capitalism is that
there are not enough capitalists.”
— G.K. Chesterton |
Response to hedda_foil (Original post)
Sun May 16, 2021, 12:12 AM
GulfCoast66 (11,946 posts)
22. We can all bitch about something.
I’ve spent considerable time in Capitalist Germany and France.
Please name a system that works better. I won’t hold my breath. |
Response to GulfCoast66 (Reply #22)
Sun May 16, 2021, 12:20 AM
Blue_true (31,259 posts)
23. People can't name a better system.
Last edited Mon May 17, 2021, 09:40 PM - Edit history (2) Communism impoverished everyone but the elites.
The problem with capitalism is that business ethics is the least emphasized element in business schools. That is backwards, it should be pounded into students’ skulls. |
Response to Blue_true (Reply #23)
Sun May 16, 2021, 01:01 AM
GulfCoast66 (11,946 posts)
24. I'm assuming you mean impoverished, not improvises.
But no harm, no foul. After cooking a good batch of jambalaya I’m pretty deep in the bourbon now. Having to read my post word for word to insure accuracy!
I disagree Business schools can do the job. Or rather desire to do the job. Maybe things have changed in the 35 years since I went to university, but back then labor cost was seen as a bad thing. And as a science major I only took 4 economic classes. Only workers and unions can significantly raise pay. And apparently a pandemic! Which is ironic because the Black Death ended surfs in England. Their labor was too valuable! I think the younger generations are not going to put up with the BS I did when a kid |
Response to GulfCoast66 (Reply #24)
Mon May 17, 2021, 09:47 PM
Blue_true (31,259 posts)
25. We are plunging headfirst into a big problem.
Robotics and AI have already replaced millions of workers and the situation will only get worse in time. If people plan to keep having children, we need to seriously look at systems such as Guaranteed Income. Owners of automated businesses will need to accept that the tradeoffs to them automating is to share profits with society (and that process needs to be screened so that it is free of graft in all areas that would be part of such a system).
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Response to hedda_foil (Original post)
Mon May 17, 2021, 11:04 PM
Xolodno (5,289 posts)
26. One of the interesting contradictions...
...every basic Econ 101 text book will teach about Scarcity and Finite resources.
Yet, some will turn around and write about how capitalism needs constant growth and consumption. Pretty much a head scratcher. The theory of capitalism just isn't sustainable. But here in the USA we live in an environment of McMansions, boats, rv's people only use once a year, etc. "He who dies with the most toys, wins"....but they don't win and spent a lifetime of lavishness they never got to enjoy. Population control? Impossible in a society where more population gives you continued economic growth, tax base, profits, etc. But at some point, we are going to start mining old landfills for resources and think its a good thing. And yes, we do mine old landfills for some resources, just not at a mass scale...yet. |