Capitalism Is Obsolete: Do You Really Believe That A Market based, Money Powered Economy, Will Be Up To These Kinds of Challenges?

Wednesday, November 8, 2017

Do You Really Believe That A Market based, Money Powered Economy, Will Be Up To These Kinds of Challenges?

Especially when the people who have the money seldom want to spend it on anything other than themselves (directly or indirectly; whatever they say about their investments helping everybody else, they are always committed to their boat rising the highest; isn't that the whole point of "Greed is Good?)?

These are very real threats (whether you are talking about climate change, already exacerbated economic inequality, dwindling world resources, as well as the always ever increasing global market competition itself), and the bottom line here is that hard times are likely coming, and we are not prepared for them. Hardly even in the least little bit. And as things get more chaotic around the world, markets, and investments, will become ever more negatively problematic. It is inevitable precisely because, as they've always said themselves, markets, and profits, depend on removing as much uncertainty as you possibly can. And as crazy as things have become now, it is still hardly even close to what it will come to in the next five to ten years; especially with political instabilities already started, and to which more will only be added.

And what about right now? What is the priority of our nation's majority leadership? Whether or not the rich will get their estate tax break so that they can hunker down more to protect themselves from what is coming.

And of course, the other Party doesn't have any more of a clue about what to really do than the majority Party; other than to tinker around the edges of a system already to encumbered with sedimentary layers of what was in fashion over the decades reform wise (some of which certainly helped, for a while, but with not only increased competition to make things a great deal more cost sensitive, but also the always ongoing opposition by the other side there to frustrate real results, as well as with the ever more increasing complexity itself in navigating regulatory, and compliance dictates; such reforms were never going to be lasting for very long),

So, any case, if the sanctity of their accumulations are the priority now, how much less of a priority will anything you need be, in the next five to ten years?