andalusian
Season - Restarted
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- Sep 24, 2008
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Understood. I'll elaborate: capitalism started by promising prosperity to the middle class through labor. This is the seduction, the false promise of upward mobility. It's a seduction because the power dynamic between owner class and labor class is not equal, severely favoring the owner class making the false promises. But capitalism doesn't do that anymore. Now it takes and exploits without any thought to the well-being of the worker, indeed in many cases doing harm without consent. I didn't intend to imply one is the natural outcome of the other. But this started out with a false promise and has led to this place we're in now where naked exploitation is the norm.
I understand if the terms are still too loaded; they were intense on purpose, to get people to realize that this exploitation we're experiencing is coercive and non-consentual. I'll edit them if you prefer.
I think you mis-identify the problem as capitalism where the correct answer is well regulated capitalism. The issue is not capitalism, the issue is regulation.
The idea of capitalism - that if you put in the work you will rip the rewards is the most reasonable and fair idea for society, any other idea basically, by definition, means that some are getting more than what they deserve. It's the basic definition.
The problem is that like any system, it needs to be regulated because, like every other system, if you do not regulate it, it becomes an anarchy of sorts and the more powerful through greed exploits it to take more and more.
For capitalism to work as well as it should - for the benefit of society, those that get the most and earn the most should contribute the most for the society that provided them that system that made them successful, but through a bunch of regulations and loopholes (bad regulation, in other words) - it is not what happens. Be it through deductions, trusts, companies and all these other wonderful tax codes - the middle-class is being squeezed out. It's that simple, unfortunately.
That's basically, imho, the same problem with guns in America. There is no issue with the 2nd amendment and the right to own guns. The issue is that the political system has manipulated it to ignore the "regulated" portion - and just like capitalism run amok, gun ownership run amok is a problem. Not a surprise that both of these are favored by the "tea party" of the world - the guys that call for freedom without regulation and manage to convince people that it's a good idea. The reality is that regulation is a requirement for society. When you run away from it, it becomes anarchy which surprisingly, brings a "ruling class" into power which brings dictatorship (See the Florida GOP and it's proposed first amendment restrictions) and thus, ironically, restricts freedoms.
The problem is that the world is too complicated for simple solutions. You need regulation but you can't have too much of it. Unfortunately, the GOP since the Tea Party days has basically run on the platform of no regulation with the expected outcome...