General Discussion
In reply to the discussion: Just when I was really starting to like her, AOC had to come out and say, [View all]DeminPennswoods
(15,278 posts)Maybe calling capitalism "irredeemable" is a little overboard, but just look around at what's been happening. Corporate lobbyists throwing around money to ensure there is as little government regulation of them as possible so they can pollute the enviroment to their hearts' content. Companies filing for bankruptcy, then shucking off pensions and health care obligations, leaving employees and retirees to fend for themselves. Resisting raises to the minimum wage at every turn. Hedge funds buying profitable companies, then loading them with debt to enrich themselves (see Sears, Toys R Us). Demanding tax breaks and other concessions from state and local governments for just the chance that a few hundred jobs might come to town (see Amazon).
The pendulum has swung far too much toward the capitalist pole. There is a palpable hunger from Americans to swing it back toward labor and government. It's why AOC drew the largest, reportedly and overflow, crowd to her SXSW appearance.