Pelosi says capitalism has not served the U.S. economy

TTQ64 said:
the founders built this country on slave labor.............which IS the system.
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The Founders for the most part opposed slavery. However, for the "unification" of the country they turned a blind eye to the use of slaves. The idea that only Blacks were slaves is also fallacious. There were indentured servants, criminal labor, Native Americans, children, Asians, Jews, Irish, many different forms of slavery from captivity to "slave wages". Then you have the concept of "manifest Destiny" taught to replace imperialism with, or "Rugged Individualism" to replace the socialist nature of the country. Too many lies, not enough truth.
 
Old Trapper said:
The Founders for the most part opposed slavery. However, for the "unification" of the country they turned a blind eye to the use of slaves. The idea that only Blacks were slaves is also fallacious. There were indentured servants, criminal labor, Native Americans, children, Asians, Jews, Irish, many different forms of slavery from captivity to "slave wages". Then you have the concept of "manifest Destiny" taught to replace imperialism with, or "Rugged Individualism" to replace the socialist nature of the country. Too many lies, not enough truth.
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Fuck off with that bullshit!!!..............go tell that to some white dummy who dont know no better.
 
reagansghost said:
most all teachers don't get paid shit

why would anyone expect great teachers when sanitation workers get paid more?
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Liars... err, lawyers... generally make great money but they're mostly idiots too...

The major problem isn't teacher pay, but teacher quality. Most teachers have a poor understanding of their material.
 
I swear, it must be that the Chinese are already running things here.

Now is the time to pray to any Gods you might have.
 
TTQ64 said:
Black people have been saying this for decades.............whites benefit from capitolism they dont care about others. they continue to support racist republicans who support racist capitolism..............huh evince? you support capitolism or dont you?
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What system of economics would you prefer society use?
 
TTQ64 said:
the founders built this country on slave labor.............which IS the system.
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That part is true. But my point in all this back and forth is that this bat crap crazy asinine concept that so-called representatives getting away with criminal activity and in-your-face corruption is acceptable because it's in the name of holy Capitalism, is infuriating. This poster I was going at with actually seems to buy into this. That is akin to saying that it's okay for his/her sister to be raped because stopping it would be infringement upon the personal freedom of the rapist. :wall:

Stupidity, cowardly acquiescence and willful ignorance are killing Democracy just as sure as thievery corruption and greed are and the latter cannot exist without the former.
 
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TTQ64 said:
Black people have been saying this for decades.............whites benefit from capitolism they dont care about others. they continue to support racist republicans who support racist capitolism..............huh evince? you support capitolism or dont you?
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get a good paying job, start a business ( and hope BLM rioters dont ruin you)
run for high office and you can go as far as you want to.
da White man can't stop you - only you can stop yourself by making excuses why you cant succeed
 
anatta said:
money talks is an eternal truth.
What America offers is the chance for anyone to acquire wealth thru smarts/hard work
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More right wing bull shit. As long as your gawds continue to own some 80% of the wealth it matters not how hard one works. While people fought to keep their homes, or get food to et, your gawds saw their wealth increase by 62%. Then too, you cannot name a wealthy person who has gained their wealth by paying a living wage, or with their own labor. Start ups yes. After that no.
 
Old Trapper said:
More right wing bull shit. As long as your gawds continue to own some 80% of the wealth it matters not how hard one works.
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your thoughts are dissociative
so called "wealth inequality" has noting to do with hard work paying off as success
If you dont even understand this basic tenant...you are lost as usual in ideology
 
NiftyNiblick said:
Ideology is of consummate importance, anatta.
It's ideology that demonstrates how we sincerely desire altogether different things,
and how trying to get along is a fool's errand.
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ideology is wilful mental blinders, and prejudicing your thought processes. It's the lazy mind.

See things as they are, and you do that with critical analysis and thought;
not ensuring what you conceive fits into an ideological mold
 
Capitalism requires strong regulation. it is natural for companies to collude. They do not want to waste money on things like price wars, better service, and product improvement. They agree not to do that and they just carve up territories. Look at cable and phone as glaring examples. Look at how many gas stations and department stores are gone. Look at banks. Mergers and acquisitions made them billions. We have lost competition. That is harmful to consumers, beneficial to owners and investors.


.
 
anatta said:
money talks is an eternal truth.
What America offers is the chance for anyone to acquire wealth thru smarts/hard work
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The USA used to be number one in upward mobility and now it is number thirty-something.

The 'American Dream' of upward mobility is broken. Look at the numbers
The US has far less mobility and equality of opportunity today than almost the entire European Union

One of the reasons for lower US mobility is that the ladder of opportunity has become much harder to climb – because the rungs of the ladder have grown further apart. This is evidenced by the rising levels of income and wealth inequality. Currently, those in the top 20% of the income distribution earn nearly nine times more than those in the bottom 20%. This difference is far greater than in the European Union or the United Kingdom. Wealth inequality is even more skewed. In the United States, the top 5% of the population own three-quarters of the entire financial wealth of the country, while the bottom 60% possess less than 1%.

The United States has traditionally viewed economic success and failure as the result of individual effort. Rugged individualism and self-reliance have been defining qualities of the American character. On the other hand, our European neighbors are much more likely to attribute poverty to structural factors such as social class or the lack of jobs. As a result, other OECD countries are much more willing to invest in a robust social welfare state designed to help ameliorate some of these structural inequities.

https://www.theguardian.com/commentisfree/2021/mar/13/american-dream-broken-upward-mobility-us
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The Decline of Upward Mobility in One Chart
https://www.visualcapitalist.com/the-decline-of-upward-mobility-in-one-chart/
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Upward mobility has fallen sharply in US

Researchers said that trying to boost gross domestic product—or the total dollar value of goods and services produced—in the United States would not suffice to fix the problem.

Rather, a concerted effort to level the playing field is needed, said an accompanying editorial by Lawrence Katz of Harvard University and Alan Krueger of Princeton University.

"In our view, faster growth is necessary but not sufficient to restore higher intergenerational income mobility," they wrote.

"Evidence suggests that, to increase income mobility, policymakers should focus on raising middle-class and lower-income household incomes."

Interventions worth considering include universal preschool and greater access to public universities, increasing the minimum wage, and offering vouchers to help families with kids move from poor neighborhoods into areas with better schools and more resources, they said.

https://phys.org/news/2017-04-upward-mobility-fallen-sharply.html
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BidenPresident said:
LONDON — For some, the economic philosophy of capitalism is synonymous with America.

But the concept is in urgent need of being improved and has not served the U.S. economy as well as it could have, House Speaker Nancy Pelosi (D-Calif.) told an audience in London on Friday.

“In America, capitalism is our system, it is our economic system, but it has not served our economy as well as it should,” she told guests attending an event at the international affairs think tank Chatham House. “So what we want to do is not depart from that, but to improve it and to make sure that it serves us.”

https://www.washingtonpost.com/politics/2021/09/17/nancy-pelosi-capitalism/
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It is what it is and for these tRumptards and un American repukes in the gutter with their toilet paper media sources of lies, propaganda and misinformation should be reminded of the following:

The U.S. will remain richer than China for the next 50 years or more, says economist
The U.S. will remain wealthier than China — measured by GDP per capita — for at least the next 50 years, said Simon Baptist, global chief economist at the Economist Intelligence Unit.
His comment followed Joe Biden’s first official press conference since taking office, during which the U.S. president said he will not let China become “the leading country” globally.
The latest available data by the International Monetary Fund showed China’s GDP per capita was forecast to be $10,582.10 last year, roughly six times smaller than $63,051.40 in the U.S.

https://www.cnbc.com/2021/03/26/us-...-china-for-the-next-50-years-or-more-eiu.html
 
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