The people finally have representation in the U.S. senate.
Sunday, October 25, 2009
Saturday, October 24, 2009
How is Capitalism Immoral?
Capitalism is immoral for quite a few reasons, not the least of which is the fact investment income is stolen from those who actually produce the wealth (via work, productivity, creativity). All wealth is produced. Investment income is merely purchased, producing zero wealth. The wealthier people are, in the U.S. for example, the larger the percentage of their income is derived from investment and not productivity. Thus it is stolen from those who worked to produce it.
Advocates of capitalism attempt to hide this by claiming wealth creation is not a zero-sum game, as if investment somehow magically produced wealth.
Another red herring is the idea workers enter the transaction voluntarily, but most people--in a purely capitalist arrangement--obviously would have no choice but to work to survive.
Another major reason is the fact that capitalism prioritizes production for the benefit of the wealthiest first, and the neediest last (again contributing to its ultimate unsustainability). Anyone initiating production (starting a business, etc.) will generate a product or service for those with the most wealth available (a market). It would be irrational under captitalism, to, for example, start a business feeding starving people who have no money.
The Difference Between Socialism and Capitalism
Socialism rewards work; capitalism rewards wealth.
With regard to capitalism, the resulting continual concentration of wealth, apart from being immoral, is unsustainable.
Saturday, October 17, 2009
GOP Gaining Advantage In 2010
Rightwingers can't wait to payback the liberals and socialists in 2010 for the historical and comprehensive disaster resulting from rightwing ideology 2000-2008.
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