Forum Post: Best Possible World
Posted 3 years ago on Dec. 9, 2020, 6:03 p.m. EST by agkaiser
(2516)
from Fredericksburg, TX
This content is user submitted and not an official statement
Milton Friedman taught us that every transaction facilitates the monetary flow and contributes to the GDP. So we realize the "Freedom and Capitalism."
Compound interest and investment profits are the most efficient way to enrich the good people who lead us from their perches atop the food chain. The Marxist belief that concentration of wealth assured by the Capitalist Economy will be ultimately destructive to our community, which has always provided the material goods and services we need to live, is disloyal to our wealthy benefactors. Friedman assures us even purely abstract activities like high speed trading that make money without any connection or contribution to material production does not damage us, as leftists claim. The Friedman Effect on charges and fees of finance and banking is all good. They are positive contributions to GDP and we're not to be concerned over additional costs.
Isn't it wonderful that American internet and cell phone services have enriched so many new entrepreneurs? Naysayers falsely claim that, because services in Europe, Asia and Africa cost as little as 10% of what we pay, our free market system is not the best. Just tell them America! Love it or leave it! Communications industries' practices don't create unnecessary overhead, as libtards would have us believe. The same goes for mass transportation and energy costs.
For profit medicine and pharma theoretically benefit from competition. The corporations that hire practitioners have very similar prices. Independent practices that still exist are elite doctors who charge even more. Like big pharma with patent monopolies, the best physicians can charge what they please. Rx prices are driven by patent abuse, research cost lies [we the people fund a lot of the research] and advertisement cost/price inflation... But again, Friedman says this is all good.
Where the tax money goes? Tax cuts for the rich, reduced wages and quality of life cuts for the rest are the result of conservative government policies. Food Stamp and AFDC subsidies end up in the pockets of Walmart, Kroger's, Safeway, HEB, landlords and medical/pharma corporations. What's good for the rich is good for America.
So it's obvious that Capitalism is the best of all possible worlds!
See the link I call, Plundered: https://www.agkaiser.org/ICH-American-Capitalism-Is-Based-on-Plunder-8-19-19.pdf
Video link https://youtu.be/qoIBNbi9BN0
Consider, "Universal Basic Income doesn’t impact worker productivity"! by Patrick Hoff:
pro bono publico ...
Unprecedented child hunger is looming in America.
Such a success capitalism is! NOT!
"The U.S. is facing ‘unprecedented’ levels of child hunger—and it could get worse this winter" Megan Leonhardt, December 11, 2020
https://www.cnbc.com/2020/12/11/millions-of-kids-are-going-hungry-and-it-could-get-worse-this-winter.html
It is all too easy to ignore this because the truth is we live in a very segregated society. The haves do not mingle with the have nots for the most part, in America. The have nots are the voiceless, the shamed, who quietly accept the crumbs thrown to them.
It's up to those who "have" to fight for, and with, the "have nots" before things get worse.
LOOK AT THIS!!:
Nearly 12% of Americans, or 25.7 million people, reported not having enough to eat over the past week, according to the latest Household Pulse Survey released by the U.S. Census Bureau on Dec. 2. Nearly 14 million households with children report they sometimes or often do not have enough to eat.
Absorb those facts, then DO something about it to help your fellow humans! It could be you in the future!
"$600 checks are a “crime,” says The Pope’s favorite economist" by Anand Giridharadas:
NB - "A conversation with economist Mariana Mazzucato on the case against Scroogenomics."
fiat lux et fiat justitia ...
"Many Workers at Largest Corporations in US Depend on Federal Benefits to Survive", by Igor Derysh:
"Millions of Americans employed at some of the country’s largest companies have had to rely on food stamps and Medicaid ... with giants like Walmart and McDonald’s employing the most workers whose income is subsidized by taxpayers, according to a new study.
"The Government Accountability Office, a nonpartisan congressional watchdog, released a study commissioned by Senator Bernie Sanders, I-Vt., last month based on data provided by 11 states.
"The report found that, in every state studied - Walmart was one of the top four employers whose workers rely on food stamps and Medicaid. The McDonald’s Corp. is among the most subsidized employers in at least nine states."
Also note - "Sen. Bernie Sanders: "It would be absolutely reckless and irresponsible to ignore the pain that so many people are feeling." - from:
USA - cura te ipsum!