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!
Can't honestly imagine who could be against such a logical premise that has historically proved to WORK! (Pun intended.)
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.
by Scott Belford 8 years ago
To cement the fact that since the 1980s, the rich have been getting richer because the middle class is shrinking and the poor are getting poorer was the recent announcement that the American Middle Class, the bulwark of this Nation, is no longer the richest middle class in the world and has fallen...
by Mike Russo 9 years ago
During Obama's state of the union speech, he stated that he wants the minimum wage raised and is going to raise it for federal employees. He implied this will create jobs. The republican party countered with: Where are the jobs?" House Republican Conference Chair Cathy...
by weholdthesetruths 12 years ago
I see a lot of talking about how America's manufacturing and industrial base has left the country. And then, they complain that "greedy corporations" did it. Fascinating. The purpose of every business is to make money. The only place where the purpose of business...
by rhamson 8 years ago
With a recent forum topic that claims economic power is shifting to China why is it that the US gave it their jobs? Is this the new look of freedom for democracy?
by lady_love158 12 years ago
http://www.huffingtonpost.com/dan-dorfm … 67131.htmlThe action by the Fed to counterfeit a trillion new dollars will make the rich richer and the poor, poorer. Inflation will spark, your savings already earning nothing will be worth less, your paycheck will buy less, and everything will cost...
by Susan Reid 12 years ago
What a SHOCK! The major CA health insurers have been fined for delayed and underpaid claims to physicians and hospitals. If it's happening here -- and it is -- it's happening elsewhere in the US, too. Who does this practice help? Duh. The longer insurers keep that cash in their pocket the more they...
Copyright © 2023 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2023 Maven Media Brands, LLC and respective owners.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|