Kasich: Prominent Congressman to come out for Biden tomorrow

Why do you guys hate capitalism? Why do you find it offensive? I dont deny we have socialist prorams and i dont have a problem.

Buy our economy is still capitalism

 

So you think if you polled every adult in America you would get a majority saying we're progressive?

 

Joe and Mika go back more than 10 years with Trump and all but endorsed him in 2015 & 2016 before they had a falling out after the election when Joe and Mika were caught off guard by his victory and had to take him seriously.

Virtually all classic Republicans and even some Democrats have some blood on their hands for laying the groundwork for Trump to happen. The way Joe S. was glorifying Reagan on his show this morning sort of made me want to puke.

Again I'm okay with the coalition now to get Trump and Senate Republicans out of power, but I think especially younger more liberal voters need to have their eyes open and not get sucked into believing there is anything redeemable about the Republicans that want to try and white wash their role in selling our Democracy down the river.

 

Except for the parts of our economy that are socialism.

 

They have polled about the positions on the issues. Yes the majority are progressive.

 

I Love Capitalism. What we have now is not true Capitalism at the moment though.

Capitalism in the purest sense is about having competitive markets that create a system of consumer power. The role of Government is setting the parameters that allow for a fair playing field that allows for truly competitive markets in as many areas as possible. The role of Government isn't to playing winners or losers, but to set the rules, and walk away to the sidelines. Those rules are SUPPOSED to be set by Congress & also the Executive Branch. Basically... the framers designed the system for broad consensus needed for Capitalist Market rules or laws.

However there are certain industries .... or what economists refer to as "the commons" where there are markets where it does not make citizen/consumer financial sense to own that commodity in an affordable way. Some areas that are "Commons"

-Parks or outdoor wellness (beaches, national parks, etc.)
-Police force
-Fire fighters
-EMT services
-etc.

Does it make any sense even in a Capitalist for every consumer to pay for their own privately owned Police service? Does everyone have the ability to buy their own Private Park or Beach?

The only real sticking point in our society is whether or not Health Insurance is so unaffordable that this commodity needs to be considered "Commons". If you put Healthcare on the shelf, all other "Commons" make sense to be socialized & taken outside of the construct of the Capital Markets.

..................

So why do people like you think people hate Capitalism????.... Well because in so many commodities, Capitalism is failing because the rule book, and the referrees are bending....which leads to NON competitive consumer markets and monopolies that no longer benefit consumer power, and instead are rigged for increasing wealth to the 1% which the consumer market continues to weaken in it's economic power.

I think that's the biggest issue. Reforms, and exercising corruption & monopoly. On the only one basic issue being discussed as needing to be socialized, I can tell you personally that when my employer subsidized surpassed my mortgage in monthly paycheck deductions, I think it's time to take the insurance market away from private companies. They obviously have F-ed up their ability to provide a service in any way that is affordable to consumers.

So no.... we don't "Hate" Capitalism. Most of us think Capitalism is broken, and needs a good fix, and we have some areas that need to be considered to be Socialized if Administrations like the Trump Regime continue to corrupt the system and harm consumer power in the free market.

 

Trump isn’t a capitalist. Every day he’s b****ing about a different private company. I don’t know if a president has ever hated the private sector as much as our current one.

outside of the my pillow guy. But I think that dude gives him blow jobs on the side.., but good for him. It doesn’t appear his wife likes to touch him anymore.

 

Governor Kasich gave a terrific speech. It was about far more than endorsing Joe Biden for president. If you can find it on YouTube later, it’s not long, but well worth seeing, in my opinion.

 

I loved the speech and it is the reason I tuned in.

I’ve had fun making jokes with you guys on this board about how much of a buffoon our current president is... But my hope is the republicans are embarrassed and the party has to tank and rebuild through the draft. Then they actually work on getting some of the young and minority vote.

It would be great for this country if they actually ran a candidate in 2024 that lured me back to their side. It would mean they’re actually adapting....


Or they’ll end up running an actual circus clown.

 

Where is that poll

 

Social Security is a government program. So is medicare. They aren't really parts of the economy. You're arguing to argue.

Doctors and hospitals getting paid by Medicare are part of the economy and they are businesses.

Other than that i dont have a problem with social programs, safety nets, public schools, etc but those things don't make our economy not capitalism

 

The only reason i took issue with the post is IIt seemed to deny capitalism. I totally agree spme areas need to be handled by the government. Education for instance needs bssic standards and it needs to be accessible to all children. Security is the main role of government.

Im not wealthy at all but that's because of failings in my life. Ive had all the chances. That being said the wealth gap is being driven by the stock market. Its not an income gap issue. I don't think there is anything the government can do about it. I think the wealthy should be taxed more, not just in general but specifically based on what they pay now. Reagan was right to lower taxes, my mother an RN was paying upwards of 40% before he was elected but the pendulum has swung too far back the other way

I also believe in government regulation and i think wealthy people owe it to society in taxes to take on a higher tax burden.

 

Innovation and corporations make capitalism

jeff bezos turned an online bookstore into the greatest e-commerce machine on earth

When these art history dropouts start being mad about he’s rich and he’s not helping the poor they are just lazy idiots

you can be rich because of amazon . Many sellers who were smart jumped on the amazon ecosystem or the Apple ecosystem.

What about the regular person ? Yeah it’s called the stock market. Instead of spending money on spray paint cans and tools from the Home Depot to tear down inanimate objects
If you put that money in Tesla you’d get a 700% return

capitalism rewards risk takers

a friend of mine barely works cause he created an app on the Apple store . Yeah he was to give them 30% but his house is gigantic in Austin and he spends the majority of his day with his kids .
He got freedom because of capitalism

so capitalism is the good guy for non lazy

 

You're exactly right. You can still get rich with a good idea

You don't have to be rich to get rich in the stock market

 

why do we have lots of immigrants from all over the world?
they want capitalism.

Steve Jobs was a Syrian immigrant.
Any chance he becomes a legendary tech genius If he was in Syria??

 

Did Jeff Bezos invent the TCP/IP packet switching protocol that is the backbone of the modern internet?

Do you believe hardworking poor people don't exist in this country?

 

How much does Syria publicly spend on research compared to the US?

Which country has a more healthy population in terms of socioeconomics where they can actually spend money?

Demand comes first.

 

No he wasn't...

And he became a legendary tech genius doing drugs, dropping out of school, and traveling.

Between Jobs, Gates, & Zuckerberg, the lesson is clearly drop out.

 

Could you imagine him leading a technologically advanced ISIS?

 

Its not denying capitalism to highlight the fact that Reagan fans always forget which is the role of government in a capitalist economy. Government regulation that comes from passing of consensus legislation between Congress and the executive branch is the pillar that holds up the marketplace. When the system that referees the market breaks down, you have a system that can easily turn into what we are seeing more and more of today which is more monopoly and excessive corruption.

Facebook is a great example of a company that is a corrupt monopoly because of a lack of regulation for a market that is newer so there are no rules they have to adhere too in order for them to strive to compel consumers or lose them to a competitor. They lobby the executive branch to prevent regulation and the consumer is the one that suffers by even having personal data and privacy stolen by this corrupt monopoly.

That’s example A. of a breakdown in Capitalism. Maybe if I get time today I’ll introduce you to example B. with the introduction of a Wall Street bankster by the name Jerome Powell.

The glorification of the Reagan “government is the problem” logic of economics is why Republicans are able to further their agenda of destroying government to make their donors more wealthy. The term “Government” has such a negative stigma that it allows for an acceptance of what is really just straight up corruption and furtherance of policy that works against our interests as citizen consumers.