"Capitalism is an inherently unstable system." Or as I've been saying it gives rise to entropy. People here know about the third law of thermodynamics because MMY discussed it a lot.
On 02/24/2012 10:06 AM, Emily Reyn wrote: > I typed out pieces of this interview before it was posted online by the > magazine. I don't read much real economics, but I subscribe to this > magazine. Wolff, of course, believes capitalism is a failing system as > currently structured. This is the whole interview. > > http://www.thesunmagazine.org/issues/434/capitalism_and_its_discontents > > > > ________________________________ > From: seekliberation<seekliberat...@yahoo.com> > To: FairfieldLife@yahoogroups.com > Sent: Friday, February 24, 2012 9:21 AM > Subject: [FairfieldLife] Re: Obama's New Campaign Slogan... > > > > As much as I don't care for Obama, there's not really much to complain about. > What are our choices? The GOP hasn't put out any enlightening choices this > time around. No one is contesting Obama for the Democrat nomination. So > we're stuck with him another 4 years. > > Worst of all, whether democrat or republican, each party has increased the > deficit for the past 35+ years. So once again, we can't really blame either > party for what they are BOTH doing. > > My personal opinion, although dark and gloomy, is that we're not going to fix > this problem unless the system collapses. Americans, from what i've observed > in this life, live for the 'now'. People don't want to suck it up for a few > years and make significant cuts in our govt spending to save our economy. It > seems we think we can go on living like this without anything collapsing. > > To me, America is no different than a young couple who keep maxing out credit > cards with no plan to pay off their debt. They just have an attitude of > entitlement to the things they buy. Sooner or later they'll have to declare > bankruptcy and their lives will be even harder than if they would've been > responsible from day 1. > > seekliberation > > --- In FairfieldLife@yahoogroups.com, "wgm4u"<anitaoaks4u@...> wrote: >> "Come unto me, all ye that labor and are heavy laden, and I will give you >> Food Stamps and Unemployment Checks." Da King James (soul version), Matthew >> 11:28, (Special Ebonics translation). >> > >