Capitalism Has Destroyed / Is Destroying American Family Values

Hello Flash,

Just the opposite. I am applying that to all workers. I encourage all of them to get retirement accounts and invest (over 40% have both retirement and pension plans). And they are doing so since 52% of Americans own stocks. It doesn't matter if most stock is owned by the wealthy since that doesn't keep workers from buying as much as they can afford.

-On what little they are paid for doing their part to make the rich richer.

Millions of workers are now retiring with very large sums of money which is providing them with a very good retirement.

For every one who has a cushy retirement savings there are ten who have essentially no savings at all, some without even Social Security.

If workers and the wealthy both earn 12% on their investments, that increases inequality since the wealthy make more, but they took nothing away from others.
That's because both don't have the same proportion of investments vs wealth. For most of the middle class, their largest investment is their home, not stocks. For the rich more of their wealth is invested in the market and other ventures, and their home is a smaller proportion of the net worth.

We frequently hear the American middle class is shrinking. True, but misleading. It implies people are dropping out of the middle class to lower income levels but in reality it is because more have moved into higher income categories.

Not true. While there is significant upward mobility from upper middle to wealthy, there is greater downward mobility from middle to poor. Corporate efforts to increase profits by reducing labor costs have been very effective, gradually shutting more and more of America out of a well paying job. Also, corporations have become incredibly adept at giving American consumers less for their money, thus extracting increasing quantities of wealth out of middle and poor America. Some are earning more, but most are able to save less. Most products are throw-away, or the planned obsolescence cycle is so short that it will be in the landfill within two years. This greedy corporation trick forces the consumer to make multiple return trips to the store or online ordering website for more and more of the same items already purchased possibly multiple times over the course of a lifetime.

Capitalism is not responsible for those who cannot compete or the failure of family values since those are trends throughout most of the developed world.

I'm not claiming capitalism is the only culprit, but because capitalism seeks to sell people whatever they will pay for, and capitalism is also allowed to use very sophisticated means to create demand, capitalism must take a significant part of the blame for causing people to spend money on things that can lead to family disharmony.

Capitalism jumped on the advent of TV to destroy American families. At first, TV programming was wholesome. Then, the relentless demand for more profits out of TV turned the TV news from something which was presented without commercials as a public service, into a profit generator.

And over the years from the beginning of TV, as the pressure for more profits increased, the morals of the programming of TV fell.

Through capitalism Americans learned to stop having family dinners with nothing but stimulating conversation, and instead each eat alone with the TV providing the stimulus for thought. Now, of course, that has progressed to other media. Now millions of Americans have meals alone with their phone as their only partner for interaction. Capitalism drove that wedge smack into the core of American family values.

Not saying TV is the whole thing. Just an example. The number of ways capitalism places pressure on families is seemingly infinite. We had to use government to tell capitalism not to market nicotine to children, and even to get that far was an incredibly huge battle. Capitalism has no natural morals, nor reason for them. That's part of the danger, and why we need proper regulation.

You cannot blame capitalism for greed or inequality because it exists everywhere.

I most certainly can. I never claimed capitalism was the only cause of greed, but it certainly provides the vehicle for greed. And unrestricted greed leads to greater and greater inequality.

I am not really defending capitalism as much as I am pointing out that other systems contain all the same problems. The only alternative to capitalism, I know, is socialism and I don't think Cuba, North Korea, or China offer better solutions (and they also have graft, greed, and inequality).

Socialism is not the only alternative to capitalism. Most people don't get this. Most people think we are in a battle between capitalism and socialism; and that one of these 'ism's' has to prevail. That's just not true. We are actually doing pretty well right now with a mixture of the two. We have been for a long time. And there is no reason in the world that we can't simply take the best features of each and leave the downside of each behind. The best alternative to capitalism is a balance of capitalism and socialism together in the correct measure of each.

We already have the mixture. That's a fact. We need to all accept that fact, and have the dispute over the proportions of each to incorporate. This is an annoying trait of conservatives. Since they prefer not to argue policy they try to deny facts, and argue that 'alternative facts' actually exist. which is ridiculous. If we can't even agree on the facts, there is no way we can reach any compromise. And that is by design. Because most conservatives are not interested in reaching any kind of compromise. Not that all liberals have much interest either......... (We all need to work on that)

But I would like to believe there are more liberals willing to have honest discussions than conservatives. And I don't see many liberal slanted sources trying to change reality, challenging widely accepted facts. That is penchant of the right, this unwillingness to even accept the mainstream news, calling it fake. The news is not fake! Mainstream news might get some things wrong sometimes and there is nothing new about that. But that doesn't mean the right gets to make up it's own alternative facts. There is no such thing as 'alternative facts.' Facts are facts. Each side is entitled to it's own views, but not it's own facts!

We do not have to choose between capitalism and socialism. THAT's fake news. We just need to get the balance correct between the two.

We turn capitalism loose for everything it wants to do as long as we make sure it is not taking advantage of people or destroying our habitat, and that everyone is taken care of whether they can provide for themselves or not. We use socialism to make sure no individual is left behind by our prosperity. That way, anybody who wants nothing more than the bare minimum has it, and anyone who wants to be ambitious and do great things can be handsomely rewarded for those efforts. It is the ultimate expression of freedom.

The evils you blame on capitalism are universal negative human traits and have existed for centuries.

True, and unrestrained capitalism brings them out.

And, you seem to take the "glass half empty" view of American workers today. Despite some negative trends, there are also a lot of positives. The inequality is not just between the wealthy and others, but between the workers on the bottom and the middle and working classes. The gap between those workers is also increasing (a bachelor's degree now earns $1 million more lifetime earnings).

I am well aware that there are plenty of people who are doing very well. Plenty. It's only understandable for you to be forming an impression of my view based on our discussion here. I have been focused on the plight of the underadvantaged. Some people, even though they lack deep pockets, take care with their lives. Their homes are clean, their presentation is proper, they care about their children, they do not engage in self-destructive behavior. But for much of the poor, they seem to live on a constant state of despair. Their attitude is not good. You see the poor neighborhoods, there is trash everywhere on the streets, the sidewalks, the properties. Nobody picks it up. How can anybody be positive and upbeat about life and instill good values in their children if they live in that neighborhood?
 
Who will revolt? The people who want to work and support the others or the ones who want to be supported?

What if I don't want to earn the right to work and rather have everybody else support me? Sounds a little like "privileged slavery"

I went to college in the 1960s and the students were always talking about "when the revolution comes." Now they are stockbrokers.

I think there is value in working and developing your talent and skills. It beats having a class of obese slobs.

Some people cannot compete...and will be relegated to a life of drudgery...with worries about food, shelter, medical care for family, education, transportation, communication.

People who do not give a damn about that...are saying, "I've got mine, fuck you."

Me...I'd rather not do that.

But, Flash, I certainly will defend (a bit) your right to do it.

Lemme do that right now: Anyone reading this...Flash has a right to feel comfortable because he has, through dint of hard work and education, earned reasonable comfort and safety. He has a right to say that people who were not as lucky in circumstance as he...should either get their ducks in a row, or have the decency to die. No need for anyone to share.
 
Hello Flash,

Do the talented workers get no more than those doing nothing but getting plenty?

Who is doing nothing and getting plenty? And if a few are gaming the system why can't we try to address that isolated issue and relegate it to insignificance? (If it isn't already insignificant)

That would leave many who still cannot write their names. Why go to school if I am going to get plenty? Everyone would be competing to be called unable and untalented (Idiocracy).

There is a reason you call that idiocracy. Because the very notion is idiotic. I do believe you are underestimating people. People are not born resentful and lazy. Those are traits they learn due to the lack of good family values.

We would no longer produce enough wealth to provide for everyone and prices would be very high because all those working for lower wages would no longer be working which would produce a shortage of goods like slaughter houses that already depend on immigrants because Americans will not do those jobs.

Actually, once all those low wage jobs are mechanized there wno't be many low wage jobs available. It will then become increasingly absurd to have large expensive government bureaucratic agencies tasked with ensuring recipients of government assistance are qualified for it when the alternative is to simply give everyone a guaranteed basic income instead.

You are saying "screw you" as much as I am since your proposal will never occur.

It is actually inevitable. Capitalism will destroy it's own customer base by eliminating it's income unless we balance that with enough socialism to ensure that consumers have spending money.
 
Some people cannot compete...and will be relegated to a life of drudgery...with worries about food, shelter, medical care for family, education, transportation, communication.

People who do not give a damn about that...are saying, "I've got mine, fuck you."

Me...I'd rather not do that.

But, Flash, I certainly will defend (a bit) your right to do it.

Lemme do that right now: Anyone reading this...Flash has a right to feel comfortable because he has, through dint of hard work and education, earned reasonable comfort and safety. He has a right to say that people who were not as lucky in circumstance as he...should either get their ducks in a row, or have the decency to die. No need for anyone to share.

its not illegal to be a sociopath

but we do have to watch them

they commit crimes

Its why we have to properly fetter capitalism
 
Hello Flash,



Who is doing nothing and getting plenty? And if a few are gaming the system why can't we try to address that isolated issue and relegate it to insignificance? (If it isn't already insignificant)



There is a reason you call that idiocracy. Because the very notion is idiotic. I do believe you are underestimating people. People are not born resentful and lazy. Those are traits they learn due to the lack of good family values.



Actually, once all those low wage jobs are mechanized there wno't be many low wage jobs available. It will then become increasingly absurd to have large expensive government bureaucratic agencies tasked with ensuring recipients of government assistance are qualified for it when the alternative is to simply give everyone a guaranteed basic income instead.



It is actually inevitable. Capitalism will destroy it's own customer base by eliminating it's income unless we balance that with enough socialism to ensure that consumers have spending money.

properly fettering Capitalism


and a good social net


some just hate other humans


they peer into their own cold dark hearts and think all other humans are as cold and dark hearted as themselves


its a from of self hate


they are sociopaths
 
Not true. While there is significant upward mobility from upper middle to wealthy, there is greater downward mobility from middle to poor.

According to IRS the middle class shrunk by 11%. 7% moved to higher income classes. Of course, middle class can be defined many different ways.

According to the latest Department of the Treasury Income Mobility Study:

1. More middle income (3rd decile) moved to higher income (42.1%) than lower income (24.6%) within ten years. 33% remained in the middle.

2. Of the lowest decile 58% had moved to higher income groups in ten years

3. Of the second decile 42% had moved to higher income in ten years and 17% to the lowest decile

4. Of the top 1% 58% moved to lower income groups
 
Lemme do that right now: Anyone reading this...Flash has a right to feel comfortable because he has, through dint of hard work and education, earned reasonable comfort and safety. He has a right to say that people who were not as lucky in circumstance as he...should either get their ducks in a row, or have the decency to die. No need for anyone to share.

You are imposing a "tough luck" attitude where it does not exist. I want those people to do well and take advantage of all the opportunities available to those who were not as lucky in circumstance (although I worked my way through college). I taught many students who dropped out of high school, had a family, finally left an abusive husband and returned to school later in life using government grants and loans, government child care programs, and (if an alcoholic or drug addict) the rehabilitation programs available (providing a computer and car loan). Many of those students are now nurses and teachers and fill many of the jobs in this area.

In your world those people are not talented enough to deserve those jobs and would be sitting around collecting their income that was taken away from others. You want a world where the "right to work is earned" but not where a person must earn his own living.

I have a very good friend who is a sociology professor and I am very familiar with your arguments, but nobody can explain how the system would work.
 
Who is doing nothing and getting plenty? And if a few are gaming the system why can't we try to address that isolated issue and relegate it to insignificance? (If it isn't already insignificant)

In Frank's world many people would not have jobs but still receive an income. He wants at least enough to be sufficient but favors they get "plenty." These are the people doing nothing and getting plenty. They are not gaming the system--that is the system.
 
You are imposing a "tough luck" attitude where it does not exist. I want those people to do well and take advantage of all the opportunities available to those who were not as lucky in circumstance (although I worked my way through college). I taught many students who dropped out of high school, had a family, finally left an abusive husband and returned to school later in life using government grants and loans, government child care programs, and (if an alcoholic or drug addict) the rehabilitation programs available (providing a computer and car loan). Many of those students are now nurses and teachers and fill many of the jobs in this area.

In your world those people are not talented enough to deserve those jobs and would be sitting around collecting their income that was taken away from others. You want a world where the "right to work is earned" but not where a person must earn his own living.

I have a very good friend who is a sociology professor and I am very familiar with your arguments, but nobody can explain how the system would work.

If you actually "taught" as much and as many as you suggest...I would say that you should be more aware of what you are actually saying.

There ARE people who are unable to compete to any degree in our society. If it makes you more comfortable to suppose there are not...or that I am overstating the case about it...fine. Kid yourself.

But I will fight people like you with your intended or unintended "I've got mine, screw you" attitudes.

So...let's keep at it.
 
In Frank's world many people would not have jobs but still receive an income.

In Poli's world...the same thing would happen.

He wants at least enough to be sufficient but favors they get "plenty." These are the people doing nothing and getting plenty. They are not gaming the system--that is the system.

That is the system in Poli's suggestions also, Flash.

What you are advocating is requiring people who CANNOT earn their livings (either because they do not possess the talents or because allowing them to produce would mean a loss of production)...

...MUST WORK.

People like you essentially would require people to dig holes and fill them in...because you will not let yourself see the needs created by our increasingly mechanized society.

Get away from the "Protestant work ethic." It is now a cancer on society's thinking.
 
Not less taxes in retirement, but while they are working. Money contributed to a 401(k)/403(b) is not taxed thus lowering the employee's taxable income for the year giving him more take-home pay. He must take a certain percentage out yearly beginning at age 70 1/2 and pay taxes at that time. His taxes will probably increase in retirement because he is being taxed on his SS, pension, and/or retirement plan.

The Democrats came up with this plan and passed it into law in the Revenue Act of 1978 and signed into law by President Carter.

Doesn't matter who came up with it. I'm not looking to place blame or take sides. I am liberal independent. Bad policy is bad policy. The rich class is just as adept at manipulating Democrats as they are Republicans. (Although Republicans seem to be more susceptible to being coerced into voting against their own better interests.)
 
Hello Flash,

What percent of adults will still work? And, how do we decide who is talented to work or not?

That percentage would be determined by the number of jobs still available after mass AI-driven automation. Who gets to work would be decided by employers just as it is now.

It sound like we would have an elite meritocracy.

I think your prediction about a revolution is wildly overly optimistic.

"Revolution Now! We No Longer Want to Work But We Still Want Plenty" "Revolution Now: I Am Not Talented Enough to Work":awesome:

Nobody is going to have to revolt if we simply recognize what is coming and take measures to deal with it before capitalism and the Class War force so many out of prosperity that a revolt is actually triggered.

I think the difference in our "screw you" attitude is that I want everybody to do well.

Everybody cannot do well. Everybody cannot be CEO. Everybody cannot be super-wealthy. If everybody did well, then those who strive to do better than others would not have anyone to look down upon. We have to accept that some are going to do better than others. What we do not have to accept is that some will be left lacking the basics of a comfortable life in the USA. We have the capacity to make the dream real for every single person in this country. Everyone should have a home, food, transportation, healthcare, and as much education as they can qualify for.

You are saying "screw you" to those who still have to work and have their wealth redistributed to those who don't.

Conservative Myth Alert: Nobody has ever had all their wealth taxed away from them to support lazy slackers in the USA. That has never happened and it never will. Total Conservative Myth. There is plenty of wealth in this nation to support everyone in basic comfort from birth to death, and still have tons left over for the super-rich to be super-rich. We tax progressively so those who earn the most have the most wealth, even after taxes.

Wages would have to be very high because they will not be able to afford services and products.

Once our socialism component ensures, through the universal basic income, that all have the basics then any income above that will be gravy. There won't be any such thing as low income workers any more because all will receive the UBI. If an employer needs a job done, the wage will be set by how much he has to pay a worker above the UBI to motivate that worker to take the job.

Will some people still be talented enough to pick up our garbage?

That will probably be automated.

We would save a lot of money by eliminating all those schools which are no longer needed for the untalented class.

Public Education will still be in the best interest of the nation because our system of self-government depends on a well-informed and actively engaged populace. We need to keep people smart enough to avoid falling for propaganda which might allow oligarchs to exercise too much greed, thus destroying the system for everybody (including themselves.)

Also, education prevents prisons. It is expensive to enforce laws, prosecute and incarcerate. Education pays for itself by reducing the demand for ever higher taxes to lock up stupid people who falsely believe the way for them to get things is to steal them, or who are not smart enough to understand their relationships with other people to the point that they foolishly beleive they need to take revenge or they simply do not understand why they do not feel well and seek to blame others and take out their frustrations on them through assault.

Education is important for our nation because education of the populace is how nations compete with one another.
 
If you actually "taught" as much and as many as you suggest...I would say that you should be more aware of what you are actually saying.

There ARE people who are unable to compete to any degree in our society. If it makes you more comfortable to suppose there are not...or that I am overstating the case about it...fine. Kid yourself.

But I will fight people like you with your intended or unintended "I've got mine, screw you" attitudes.

So...let's keep at it.

Rather than a "screw you" attitude I have a much higher opinion of these people than you do. I do not think anybody has to "earn" the right to have a job (other than be qualified) and think everyone can develop talents and skills to earn a living. There are those who cannot "compete" who may be mentally retarded, disabled, or otherwise cannot function, but even some of them are capable of doing something. Microsoft recently started a program for autistic people who have no social skills but are very creative and can perform very well within their working group. If a person cannot care for themselves, we already have programs for them. But a person who lives at home with a part-time job cannot even live on his own, but he very well may be capable of doing so with experience and training. You want to write these people off by giving up on them making them dependent and psychologically helpless.

I taught a total of 44.5 years and saw many students who could not or would not perform academically. But many of them switched to nursing or some other type of occupational training and are doing quite will. One, who couldn't pass my class because he would not open a book, switched to plant processing and is now earning a lot of money. In your world this person would be eliminated from the "talented" class because he could not compete academically. Some students are only in college to get their grant money or whose parents health insurance requires them to be a full-time student for coverage. These eventually drop out but may return years later when they are more mature and motivated.

You take a very paternalistic view of these people and think society has to provide for them when many can do quite well when given the opportunity. We can't give up on people because somebody has decided they are not talented enough to have a job.
 
Doesn't matter who came up with it. I'm not looking to place blame or take sides. I am liberal independent. Bad policy is bad policy. The rich class is just as adept at manipulating Democrats as they are Republicans. (Although Republicans seem to be more susceptible to being coerced into voting against their own better interests.)

You are the one who asked "who came up with this complicated tax scheme." It is a great scheme for encouraging workers to save money for their retirement. Contribution limits primarily benefit the middle and working class and not the wealthy. It is not bad policy unless you do not want Americans to have more money. It is better to have it in a retirement account since you think capitalism is "forcing" them to buy products they don't need. Consumer spending is 70% of the economy and most of these people would not have jobs without that spending. I bet capitalism manipulated you into getting a cell phone and internet access.
 
Hello Flash,

Thanks for engaging in this very interesting conversation.

Who will revolt? The people who want to work and support the others or the ones who want to be supported?

The revolt that Frank and I are concerned might be possible would occur if conservatives got everything they wanted. The libertarian dream. So they take away all government assistance programs, and capitalism takes away most jobs. There is no universal health care, so most would not have that. The poor are being routinely shut out of home ownership and the rich are becoming landlords. People without an income cannot even rent a home, so tens of millions in America would become homeless and destitute. But hey. Nobody would be taxed to pay for 'some lazy slob to have everything without working.' The only problem is in this land of 'haves' and have-nots' the powerless have-nots would have nothing except the desire for better conditions. They would realize their only power is in numbers. They would form mobs based on anger at the suppression which shuts them out. Their only recourse would be to protest. If the powerful deem those protests to be annoying and they move to break it up, then it could move (just as it did in Syria) from protesting to bloody fighting. What other recourse would those mobs have?

What if I don't want to earn the right to work and rather have everybody else support me? Sounds a little like "privileged slavery"

You don't sound like the kind of person who wants that.

I went to college in the 1960s and the students were always talking about "when the revolution comes." Now they are stockbrokers.

A few of them are. Most are not.

I think there is value in working and developing your talent and skills. It beats having a class of obese slobs.

There is no reason that not working leads to being an obese slob. I am retired, and one of the most common comments I hear from my retired friends is: 'I don't know how I ever found enough time to work!' People who are inclined to be busy find things to do. Whether that is projects, tinkering, inventing, composing, writing, art, music, sports, fishing, further education, volunteering, travel, hobbies, part time work, etc, etc, etc. Get a boat. Get a camper. Get an RV. Any of those can become completely time consuming.

Sometimes I feel sorry for people who have so little imagination that if they don't have a job to take up all their time they would be lost and unable to figure out what to do with themselves. To me, that is beyond ridiculous. I can think of so much I would like to do I could fill a dozen lifetimes with activities.

You could make a life out of chatting online (but I would not recommend it.)

I don't even have cable. I simply don't have time to watch regular programming that somebody else wants to get me hooked on. If I HAVE TIME, I try to watch the PBS Newshour, but even then I probably only catch it half the time. Cancelling cable was one of the most liberating things I ever did for myself (besides saving the expense.)
 
Hello evince,

some just hate other humans

they peer into their own cold dark hearts and think all other humans are as cold and dark hearted as themselves

So true. And the greedy think all others are greedy. And the sneaking lying underhanded slick-talking thieves think everyone is that way, etc, etc, etc.

its a from of self hate


they are sociopaths

True.
 
Hello Flash,

You are imposing a "tough luck" attitude where it does not exist. I want those people to do well and take advantage of all the opportunities available to those who were not as lucky in circumstance (although I worked my way through college). I taught many students who dropped out of high school, had a family, finally left an abusive husband and returned to school later in life using government grants and loans, government child care programs, and (if an alcoholic or drug addict) the rehabilitation programs available (providing a computer and car loan). Many of those students are now nurses and teachers and fill many of the jobs in this area.

In your world those people are not talented enough to deserve those jobs and would be sitting around collecting their income that was taken away from others. You want a world where the "right to work is earned" but not where a person must earn his own living.

I have a very good friend who is a sociology professor and I am very familiar with your arguments, but nobody can explain how the system would work.

I can envision it working rather well.
 
Hello Flash,

In Frank's world many people would not have jobs but still receive an income. He wants at least enough to be sufficient but favors they get "plenty." These are the people doing nothing and getting plenty. They are not gaming the system--that is the system.

Frank and I are on the same page with that. Although I don't envision the UBI to be one which provides 'plenty.' I believe it should be minimal for a comfortable life.
 
Hello evince,



So true. And the greedy think all others are greedy. And the sneaking lying underhanded slick-talking thieves think everyone is that way, etc, etc, etc.



True.

Sociopaths rarely KNOW that they are sociopaths


its a brain wiring deficit that doesn't cause them to be non functional as a human being


they rarely get diagnosed

They truely think all others are as feelingless and selfish as they are


that doesn't mean we have to run the world in their cold dark hearted way


they merely need to be taught their ideas are sociopathic and bad for mankind
 
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