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Response to DeSwiss (Reply #9)

Sat Jun 21, 2014, 07:24 PM

10. Capitalism is NOT an economic system. It is a religion.

The suckers (i.e., the non-1 percenters who "gamble" in the stock market) hold fast to the fiction that they can "beat" the system and come out the winner.

As in any gambling system, the house always comes out ahead by taking a cut of the gambled money. The 1 percent always comes out ahead. The money (the "capital gains") of the few winners among the 99 percent comes not from the 1 percent, but from the losses incurred by the losers among the other 99 percent.

The results are that some of the 99 percent make some "profit", a larger share of the 99 percent loses their "investment", and the billionaire players who rig the system take a big share of the losses of the 99 percent not won by the 99 percent that gained some "profit".

The 99 percent who refuse to see how the system is rigged are of the same mind-set as the climate change deniers. They refuse to understand the way the capitalist system actually works.

Their faith in the capitalist system is the same as the religious fundamentalists who believe that the Earth is 6,000 years old, and that Adam and Eve rode around on dynosaurs.

Interestingly, and unfortunately, the fiction of the mythology called Capitalism is more ingrained in the population, than the mythology of Creationism.

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Arrow 14 replies Author Time Post
Omaha Steve Jun 2014 OP
groundloop Jun 2014 #1
elleng Jun 2014 #2
mac56 Jun 2014 #3
rtracey Jun 2014 #5
groundloop Jun 2014 #6
LeftyMom Jun 2014 #13
DeSwiss Jun 2014 #4
AdHocSolver Jun 2014 #7
DeSwiss Jun 2014 #9
LineLineLineLineNew Reply Capitalism is NOT an economic system. It is a religion.
AdHocSolver Jun 2014 #10
DeSwiss Jun 2014 #11
BuelahWitch Jun 2014 #8
LeftyMom Jun 2014 #12
Kingofalldems Jun 2014 #14
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