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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPREDICTION: the "HAVE YOU NO SHAME" moment for capitalism
Our current form of capitalism is no longer based on real wealth of resources and manufacturing, but the investment and currency Ponzi schemes of the finance sector.
What it's probably going to take for people to realize this is some hedge fund to decide to goose their profits by cannibalizing a company we all like and even depend on.
It's not that far-fetched: they already do it to companies that are profitable--just not profitable enough to suit them.
It wasn't quite enough for most people that it was done to the dream of home ownership, or the ongoing assaults on a middle class standard of living, secure pensions and access to higher education.
Some icon of capitalism itself needs to be hobbled and torn to shreds by the jackals of Wall Street because a speadsheet showed it was far more profitable than merely investing in it and collecting dividends, or even running another pump and dump scam.
When we see what we idealize as capitalism killed by what it really is, maybe people will realize our biggest enemy isn't the last three hundred al Qaeda in Pakistan or the last three commies in North Korea, put the sociopathic trust fund babies on Wall Street who crush our dreams and make us work three minimum wage jobs to survive, so that their descendants won't have to get a job for the next ten generations.
LiberalLoner
(9,762 posts)I don't know, considering the blowback over "New Coke" years ago that would be one that would get people pissed I am guessing.
ThoughtCriminal
(14,047 posts)I can only imagine the panic if we discovered what our food really tastes like.
rhett o rick
(55,981 posts)increasing greed habit. They can really take down who ever they want.
yurbud
(39,405 posts)rhett o rick
(55,981 posts)eat the big fish. Then the biggest fish eat the bigger fish. This continues until the rabble drags their asses into the streets and chops their heads off.
Capitalism in the USofA is like a runaway train. It wont stop without a crash.
BOG PERSON
(2,916 posts)BOG PERSON
(2,916 posts)WiffenPoof
(2,404 posts)I've been trying to explain this to my RW friends who just don't get it.
The other day I was having a discussion about the Occupy Movement - the 99%ers vs. the 1%ers. My RW friend stated (in his oh so simplistic way) that the 99% are envious of the 1% because they are rich...the 99% hate the rich. I couldn't get it through his head that we don't hate the rich, we just question how it is possible in America that people can become filthy rich beyond measure and not have done a damn thing to contribute to society or leave it a better place than they found it. People sit in offices on Wall Street just trading "paper." They are becoming incredibly wealthy while not lifting a finger to produce anything...something just seems wrong with that.
-P
Well said!
jeff47
(26,549 posts)Because they really do not have any shame. They will utterly destroy the world economy, and then demand we repair it so they can destroy it again.
freshwest
(53,661 posts)LastLiberal in PalmSprings
(12,586 posts)When 10,000 gays showed up at the White House to protest there's nary a peep in the MSM, but if four Teabaggers get together for a picnic and they'll get a minute on the nightly news and a half hour on Fox, complete with motion graphics and theme music.
Agreed. They are sociopaths; it's only fitting they want to elect one of their own kind as president.
SalviaBlue
(2,917 posts)I also think that they only have to sustain this for long enough for the memory of the way things were to fade enough to convince people that this isn't so bad. This is the way its supposed to be.
All of the empty stores and factories and warehouses seem like business as usually.
All of the closed down firehouses don't merit a raised eyebrow... its always been that way right?
You mean you used to get to stop working when you got old and they paid you to stay home?
You get my drift.
yurbud
(39,405 posts)I expected the concentration camp stuff to be bad, but what was worse was the part before.
The Nazis invade, but people get used to it and a couple of days. The Nazis herd Jews into ghettos, but after a couple of days, they get used to it. They tell them to put on the star, and Wiesel's dad says, "What's the big deal? It's not like it's going to kill me." and he refused to flee the country before they put up the wall and it was too late.
That's most of humanity. We imagine that things always were the way they are and always will be even if the new normal is just a couple of days old.
Initech
(100,079 posts)He is the very epitome of everything that is soulless and wrong with this world. An empty, religious suit who's so bland and boring that he's earned the title of the world's least interesting man. He's made more money firing people and bankrupting companies than he cares to mention. He's a complete psychopath with zero regard for human life - or any life for that matter - yet he's gonna do a better job of creating jobs than Obama has. Give me a break - he'll do the opposite and destroy what's left of our social safety nets. Because that's what our owners want.