There have been many posts regarding social class and socioeconomic inequality. Pros and cons have been addressed and discussed. Name workable solutions as to how to be this economy can be more profitable albeit in a more humane and social conscious way for all.
Your premise includes the keyword: economy.
People are not advocating that the government redistribute wealth by handing out freebies to the masses of citizens who sit on their butts and contribute nothing.
People are advocating an economy like we had before.
Based on real job opportunities that stayed in America supported families and communities.
Not an exclusive emphasis on profits at any cost.
A rising tide lifts all boats. Not just yachts.
I totally concur with you. Welcome on board, MM!
While I agree with the sentiment, the problem is, a lot of the factors that have led to the loss of jobs are beyond our control. Things like: cheaper labor, lower manufacturing costs, and lower corporate tax rates overseas have played just as large a part in creating the current situation.
I call it responsible capitalism. Maximizing profits at any cost is a losers game. Yes, a profit is necessary to stay in business, but that is not the only responsibility of capitalism. There is also a responsibility to the community, the employees, the environment, the country, and the shareholders.
Not a bible-thumper but 'money is the root of all evil'. So the barter system was looked upon as "the good ol'days" back in the 'good 'ol days'. Not a communist but Lenin betrayed the ideal. Human compassion and mutual cooperation is paradise lost.
Boom bust - dead duck bounce. Don't have any real answer. Is it sheer chaos or a hidden complex problem? Maybe invent some new paradigm in math with 'i' "dollars", 'i' for imaginary.
ah, yes, the good ol' days. Yep I miss them too. Except for when I lost my job in the buggy whip factory when it closed down. Darn those infernal auto-mobile thingies.
does your view include the consumer aspect of the economy too? Remember a while back when the "Buy American" campaign was being promoted? Oh well, guess those darn American consumers would rather bitch and moan about the inequities of the rich than pay a couple extra bucks for an American VCR, or in today's market - smart phone or GPS
All hail the rise of WalMart. If there ever was a symbol of the lower and lower middle class, then walmart is it.
So, let's castrate those evil big businesses that make products overseas, seize those "at-any-costs-profits, and pull all jobs and manufacturing back to the U.S. shores, and then see how many American-made products you find in Wally world.
And if the non-rich Americans are really serious - then support American manufacturers - buy only American made. Bet you would see a scramble to bring all that manufacturing capacity back to our shores then - after all, evil big business will do whatever it takes to chase those profits.
But I'm not holding my breath. American consumers are going to buy at the cheapest price - regardless of the ramifications.
Of course, we could have elected Ron Paul - and just closed our borders to all foreign-made imports. yeah... that's the ticket
Geesh.... Unless you want a society of ambitionless auto-trons - all dressed alike, eating the same food, and living in cubes - then capitalism is the only way to be free.
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