For people like for governments, debt makes you docile and obedient.
For people it does for government it empowers those running things... They use the debt to convince those obedient serfs that they have to cut back the programs that help them survive so they can cut taxes on the rich to pay off the debt.... Both these "solutions" only make matters worse.
Iβm not sure if there are any other social models that fare better. Put a suggestion forward, a fair wage goes a long way to support people and the economy, thatβs still capitalism.
Trump removed environmental laws that took years to create, Biden understands the need for these to be replaced.
There is a lot in this cartoon, but I disagree that capitalism is causing the issues, itβs bound by laws, if people are desperate they need adjusting.
Capitalism doesn't pay fair wages they would rather buy politicians...
There is no doubt that capitalism has brought us the standard of living we have today but at a cost. Degradation of the environment,mass extinction of species and the looming disaster of climate change.
It has concentrated wealth in the hands of a few and govt. intervention is important.
In a totally free market there are going to be more losers than winners.
@Lizard_of_Ahaz capitalism can pay fair wages, a minimum wage can be set thatβs gauged by the real cost of living.
Itβs inter country transactions that mess this up, by people getting a fair wage having to compete with those living below our poverty line. Thatβs when taxes need to be applied to those imports that reflect the savings they have made on the product by effectively using impoverished people to create their products.
Every problem can be legislated against, or people can be more self aware and support Countries that pay their people a living wage/ buy fair trade products.
Capitalism can be ethical.
@Moravian capitalism doesnβt have to be a completely free market, there are trade deals and embargoes used currently. Many laws have been made to protect the environment and most governments now give a hearing to those protecting speciesβ homes.
The Japanese government have been making some serious commitments towards the environmental changes needed recently: [businesstimes.com.sg]
@girlwithsmiles The key word is "can" but in reality they won't unless they are forced to by regulations or absolute necessity. Proper regulation is Democratic socialism...
@girlwithsmiles There has never been a "free-market capitalism" that is a fictional catch phrase used by the rich who just want to line their pockets without paying fair wages, their fair share of taxes, and be free to destroy the environment for their profit while all of us suffer the effects of their criminal actions.
That's why there's anti-trust laws and unions in America.
Capitalism is occurring in Communist and other autocratic nations. Many people in America take advantage of cheap overseas labor to get American products made there....sold here. Don't get me started.
Yes, sounds right. Didnβt know about anti trust laws so found this explanation, along with more unfair practices that are protected against. Interesting: [investopedia.com]
It's clearly unfair to compare Venezuela's autocratic socialism with democratic socialism.
Are you American? Do you participate in Social Security? Then you sir, are a card-carrying socialist.
I don't believe that socialism had any part in the destruction of society in Venezuela. Corruption and fascist government greed took everything away from the people and gave it to those in power.
@OldGoat43 The only part socialism had in that was it made them a target for US economic warfare... Our tax dollars also went to pay and supply terrorists to collapse the effective government and American corporations closed their factories to help create more poverty...
@BD66 Yeah laugh it up why don't you that those fascist terrorists paid for by US tax dollars were shooting up humanitarian supplies including medicine and food.
Posted by noworry28Yep, he didn't want to be a Beverly hillbilly, he became a Washington DC hillbilly.
Posted by CliffordCookDonald Trump is so Bible, when he heard it would be easier for a camel to get through the eye of a needle than for a wealthy man to go to heaven, he just had a gigantic needle built to ride his camel ...
Posted by CliffordCook([stopchristiannationalism.com], when he heard there was an apparition of the Virgin Mary, he cut to the front of the line to grab her by the pussy.
Posted by KilltheskyfairyThese just annoy meπ§
Posted by KilltheskyfairySounds like something they’d do.
Posted by KilltheskyfairyInteresting numbers.
Posted by KilltheskyfairyFeminist food for thought…
Posted by KilltheskyfairyFeminist food for thought…
Posted by KilltheskyfairyFeminist food for thought…
Posted by KilltheskyfairyFeminist food for thought…
Posted by KilltheskyfairyFeminist food for thought…
Posted by KilltheskyfairyFeminist food for thought…
Posted by KilltheskyfairyFeminist food for thought…
Posted by KilltheskyfairyFeminist food for thought…
Posted by YoujaesI saw this picture of the Chicken Sky Wizard and I thought it belonged here.
Posted by Ryo1"Everyone" πππ