The Secret Definition of Capitalism

[tybrad]

Originally Posted by merrylander

Capitalism is on the way out and it is not being killed from outside but from within, more like suicide than murder

Do tell... what do you mean? Just curious.

[merrylander]

Originally Posted by tybrad

Do tell... what do you mean? Just curious.

Well ebacon thinks it is a communist plot but Wall Street having become little more than a casino (and the dice are loaded) is letting simple greed eat away the foundations. Big article in today's WaPo about all of the corporations that are shifting their money overseas to avoid taxes. Now if you and I were to do that and as openly we would have the IRS on our backs. But if you are, oh say United Technologies, you can get away with it.

This sort of poor citizenship is also eating away the foundations of this country. Averge people see what is going on and they start hiding money in sheer self defense. Politicians decry the destruction of the "moral fabric" of the nation - Ha - what moral fabric?

[ebacon]

Originally Posted by merrylander

Well ebacon thinks it is a communist plot but Wall Street having become little more than a casino (and the dice are loaded) is letting simple greed eat away the foundations. Big article in today's WaPo about all of the corporations that are shifting their money overseas to avoid taxes. Now if you and I were to do that and as openly we would have the IRS on our backs. But if you are, oh say United Technologies, you can get away with it.

This sort of poor citizenship is also eating away the foundations of this country. Averge people see what is going on and they start hiding moey in sheer self defense. Politicians decry the destruction of the "moral fabric" of the nation - Ha - what moral fabric?

You and I are saying the same thing. All I add is that Soviet propaganda persuaded people to put Wall Street in the powerful position it is in today. They did that because they were confident that it would grow into a disaster. Karl Marx predicted failure of such a structure over 150 years ago.