Thread: Socialism
View Single Post
      12-04-2019, 11:21 AM   #60
pennsiveguy
Captain
pennsiveguy's Avatar
United_States
2075
Rep
763
Posts

Drives: F15 xDrive50i M-sport
Join Date: Apr 2019
Location: Edina, MN

iTrader: (0)

Garage List
Quote:
Originally Posted by minn19 View Post
Agreed, I also think capitalism can quash creativity etc when companies have merged into giants/monopolies and control the markets/politicians. This can shut down free enterprise and the innovation etc that comes from that.

My main point is almost any political structure in their purest forms are not good for the majority of society. Both socialism and capitalism at their extreme ends have a small percentage of extremely rich people that control everything at the top with the rest being a poor powerless majority. When the inequity becomes too big, as has been shown in history numerous times people start killing each other to bring some balance back.
Modern crony capitalists have managed to gain the advantages of both systems simultaneously. They're purely capitalist when things are going great (Apple stashing hundreds of billions offshore to avoid taxes) and socialist when there are shortfalls (taxpayer bailouts of the big US financial and auto industries). It's revolting...perhaps literally.
__________________
2017 F15 xDrive50i M Sport | Superformance GT40 Roush 511 IR FE | 2006 Ford GT
minn196291.00