So your favorite economists are Limbaugh and Hannity?
On 11/08/2014 07:36 PM, Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
wrote:
Capitalism is the best system for the disabled, sick and old
age. Wealth is created abundantly by capitalism which can be taxed and
provide a safety net. People can also provide for themselves better
and the smart ones save for their future.. Most, if not all, union
pension plans are heavily invested in capitalism which pays their
member benefits. Ask the people of the former Soviet Union and China
if they prefer capitalism or old Soviet central planning with
Socialism. Governments don't generate wealth, they just take it away
and redistribute it. Free enterprise generates wealth. Ask any rich
person or person aspiring to be rich. With an abundance of wealth,
good things can be done and planned for. The Soviet Union couldn't
clean up they environmental messes they created.
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*From:* "waybac...@yahoo.com [FairfieldLife]"
<FairfieldLife@yahoogroups.com>
*To:* FairfieldLife@yahoogroups.com
*Sent:* Saturday, November 8, 2014 7:05 PM
*Subject:* Re: [FairfieldLife] Re: More American Stupidity
I think capitalism is often a good thing, but the problem is that it
gets applied to every area - and some things don't flourish under
capitalism. some things just don't work well with that approach - like
taking care of the disabled, or people getting sick, or old age.
People need help from time to time, and the unlucky ones need more
help than average. But beyond that, it is going to be a terrible
problem to change our approach to the economy, and to begin to somehow
not think of success as perpetual growth growing and getting bigger
and more profitable. I just cannot imagine how this is going to play
out once climate change becomes a scary and very real emergency for us
all.