NIT OPINION:
No real-life “professor” wrote this so-called op-ed. If it is even real, it was written by bots working for the rich and connected and planted here in social media to further radicalize and confuse common Americans unlucky to scroll by it. The rich oligarchs and connected wealthy actually feast on American socialism. This socialism trickles down from the top; it gushes all over the top crust while the commoners get a drip here and there. The rich rake in these socialist government handouts, disguised as farm subsidies, corporate bailouts, low tax brackets, interest-free loans, no-bid government contracts for work from their businesses, completely free grants, and more. The common people and workers of America pay the highest taxes in proportion to their incomes and usually get none of these “perks” the wealthy and connected enjoy. You all who believe this “meme” is righteous have been completely bamboozled by the wealthy millionaires and billionaires who want to stay that way by keeping you confused and fighting amongst yourself, even turning on each other, working for their bum wages while the board and CEO get millions over and over. It’s goddam sad this lack of common sense is so prevalent amongst you all.
The Schmucks haven’t seen violence yet, they are looking for a safe place to hide!
When will it be recognized that we are two different people now…. we the people and them the enemy . We are fractured but is it repairable ?
We know what happened to the Roman Empire now the democrats / liberals took control and everything fell apart , same is happening now but its the U.S.A . Canada has the same problem ..
All you damn SHEEP who are frightened by real men need to man up and VOTE for PRESIDENT TRUMP
GIVE A HOOT !!
Don’t LOOT … hahahaha this country is SCREWED !!
Like Soros and the Koch brothers who give Nancy, Chuck and the RINOS there marching orders… open borders, social unrest (BLM , Antifa funded by those above). Then to top it off RADICAL DA’s inserted in large democrat run cities which promote unrest and LOOTING without consequence. It’s all by design.
Good points, NIT. You are completely correct. In addition, if #2 is true, then inheritance taxes should be 50% or higher. Too many of the rich in this city, state and country inherited their wealth and haven’t done a thing to earn it except continue daddy’s business. Being born into wealth isn’t earning it.
It’s what they do with it that counts
This is an old school Econ 101 exercise. I had an economics professor that did this experiment at UNI in the late ‘80’s. Nothing new here.
I think pure socialism (or by extension comminism) is an ideal that works in theory but not in practice, due to human nature: those being paid the same whatever they do have little incentive and so do not work as hard, there is no encouragement for innovation. Those working harder or being more productive receive nothing extra and so become resentful. In true socialism the Government is meant to only run things for the benefit of all (“dictatorship of the proletaraiat”), and in true communism only on a temporary basis but once they have control of power and the means of production they have never given it up —power corrupts! There is nothing in socialist/communist ideology that precludes democracy — you could have multiple parties operating within a socialist economy just as we all have multiple parties operating within a capitalist system — but it has just not happened. True socialism/communism has never been implemented, but by common understanding the governments of Cuba, North Korea, Vietnam, China (in the past) and the USSR and former Warsaw Pact countries can be described as socialist if not ‘true socialist.
But the capitalist system is also flawed and also fails due to human nature (principally greed) and leads to growing inequality and a spiralling collapse if left to its own devices (as we saw with the 2008 recession).
The best result is therefore to combine elements of the two systems, with the bias towards capitalism. Many parties argue for, and have successfully implemented, limited elements of socialism into a capitalist economy—e.g. nationalisation of major industries and transport system, regulation preventing monopolies, nationalised healthcare and welfare security. In Europe we call this Social Democracy and it is the prevailing form of Government. In the US I believe they call it socialism.
It doesn’t work very well in Europe and won’t work here either.