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Csainvestor

(388 posts)
Fri Mar 25, 2016, 04:39 PM Mar 2016

Millennials like capitalism— until they work hard for poverty wages

Then they find Bernie Sanders...

Once they discover they have to work hard, for low wages, they fully understand we need FDR style politics. They understand Bill / Hillary style politics will only favor the rich, and punish the working class.

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Millennials like capitalism— until they work hard for poverty wages (Original Post) Csainvestor Mar 2016 OP
This message was self-deleted by its author hill2016 Mar 2016 #1
I really do have a friend hill2016 Mar 2016 #2
I think that in time, she will figure out that Clinton doesn't care about her. Betty Karlson Mar 2016 #4
Actually, they find out sooner than that. potone Mar 2016 #3
Not just about wages - corporations have every advantage over entrepreneurs and start-ups Turn CO Blue Mar 2016 #5

Response to Csainvestor (Original post)

 

hill2016

(1,772 posts)
2. I really do have a friend
Fri Mar 25, 2016, 04:46 PM
Mar 2016

working in a coffee shop despite graduating from a top university. She is still figuring out her life.

 

Betty Karlson

(7,231 posts)
4. I think that in time, she will figure out that Clinton doesn't care about her.
Fri Mar 25, 2016, 05:11 PM
Mar 2016

Clinton is the status quo candidate, and the status quo is untenable. Those with most of their lives before them would like that to change - and that means taking on the status quo.

potone

(1,701 posts)
3. Actually, they find out sooner than that.
Fri Mar 25, 2016, 04:49 PM
Mar 2016

A lot of young people saw their parents' financial security collapse with the banking crisis in 2007. They are well aware of the dangers of our system. Add to that the debt that they are incurring for higher education, and the fact that their parents no longer have the financial resources to help them and they've figured out what is wrong with the system. There is a reason why they are supporting Bernie, and it isn't just youthful idealism or inexperience. They know that the system is rigged against them. It is young people, after all, who started the Occupy movement and had their hopes dashed by the way that the government shut it down. That movement was not tied to any political party; now they realize that they need to get involved in electoral politics if they want to change the country, and finally, they have a candidate who they see represents their concerns.

They are our future, and I hope that we won't disappoint them.

Turn CO Blue

(4,221 posts)
5. Not just about wages - corporations have every advantage over entrepreneurs and start-ups
Fri Mar 25, 2016, 05:43 PM
Mar 2016

and these multi-nationals are using illegal and/or unfair business practices to choke out or buy out, spy-on or otherwise win the attrition war with any small competitors or innovators in just about every field.

So even if someone is REALLY a fan of capitalism, of business and invention and entrepreneurship - they are now disillusioned.

The system is rigged for large corporations. They have every advantage for import/export, tax laws, liability laws, supply chain, transportation, regulatory agencies, government grants and subsidies, insider advantages with city leaders, etc.

Even medium -sized businesses of 500 or 10K employees can't compete with multi-nationals anymore -- much less little mom and pops being able to do so.

The righties always told us that "government should NOT be in the business of picking winners and losers" (in business). Well, now we see they were correct, but THAT IS EXACTLY WHAT OUR GOVT IS DOING.

The govt is in essence, picking the same winners over and over - and the winners always turn out to be the same 20 corporations and the same 10 men (the point-one-percenters) over and over who already pay no taxes, wield incredible power and influence, have the largest market share, and happen to have their paid-for Senators on speed-dial.


We're going to be a world economy of one big Monopoly eventually like in the movie Wall-E.

What we have now is NOT capitalism. So yeah, all the young seem to be saying "screw capitalism".

And you all know why that is, because the hand of the marketplace happens to have a thumb on it! It doesn't matter if you invent the best cog or widget that has ever been invented - odds are that your idea will be usurped anyway by Gargantuan Inc.

Vulture capitalism, shock capitalism, crony capitalism, bankster/bubble capitalism, this ridiculous notion of endless growth cycles and even more ridiculous idea that the only stakeholders that matter are shareholders (excuse me, but customers and employees used to each represent an equal 1/3rd of the stakeholder model in Business 101 classes until that got corrupted in the 1980s) -- that in no way represents what a fair market would be IF ONLY the good ideas and products and service could FAIRLY rise to the top of the pile.

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