HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Had to share this FB post... » Reply #64

Response to sunnystarr (Original post)

Wed Mar 26, 2014, 11:56 AM

64. Thought provoking graphic, but it is hyperbole. And misleading.

It is not universally true that "we would lose our houses and savings and be forced to labor eternally for meager wages with no voice in the system" or that all this has "come true under capitalism".

The recession caused some folks to suffer. And there is a big problem with corporate money in the political system. But it is not capitalism per say that is causes this. It is corrupt politicians and a conservative supreme court that is warping the version of capitalism that made this country great. Capitalism did not cause the recession. Greed, corruption and the dismantling of safeguards and permitting the rise of oligarchy is what cause the recession (and oligarchy/monopoly is the enemy of capitalism).

So, the graphic posted by the OP makes a point by using hyperbole. But I'm afraid it ends up making the wrong point.

Capitalism works best when it tempered by a strong social contract. Capitalism is like a force of nature. It does what it does. It is up to us to temper it properly to protect the most vulnerable of our society from excess. It is that social contract that has been under attack by the right. And we play right into their hands by attacking capitalism itself instead of the people trying to dismantle the social contract.

We need strong unions
We need higher minimum wage
We need single payer
We need corporate money out of politics
We need prosecution of white collar criminals
We need to break up the big banks and reinstall Glass-Stegal

What we don't need is to do away with capitalism.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 68 replies Author Time Post
sunnystarr Mar 2014 OP
Mnemosyne Mar 2014 #1
Wounded Bear Mar 2014 #2
HereSince1628 Mar 2014 #3
MO_Moderate Mar 2014 #4
TBF Mar 2014 #6
MO_Moderate Mar 2014 #8
Tsiyu Mar 2014 #10
MO_Moderate Mar 2014 #14
Tsiyu Mar 2014 #15
MO_Moderate Mar 2014 #30
Tsiyu Mar 2014 #33
MO_Moderate Mar 2014 #41
Tsiyu Mar 2014 #45
MO_Moderate Mar 2014 #59
Tsiyu Mar 2014 #65
MO_Moderate Mar 2014 #68
druidity33 Mar 2014 #44
TBF Mar 2014 #17
mindwalker_i Mar 2014 #23
Tsiyu Mar 2014 #25
TBF Mar 2014 #11
Tsiyu Mar 2014 #12
TBF Mar 2014 #13
Tsiyu Mar 2014 #16
MO_Moderate Mar 2014 #22
Tsiyu Mar 2014 #26
MO_Moderate Mar 2014 #34
Tsiyu Mar 2014 #36
TBF Mar 2014 #31
ChisolmTrailDem Mar 2014 #19
TBF Mar 2014 #32
Tsiyu Mar 2014 #37
TBF Mar 2014 #38
Tsiyu Mar 2014 #39
MO_Moderate Mar 2014 #40
TBF Mar 2014 #42
MO_Moderate Mar 2014 #55
TBF Mar 2014 #56
MO_Moderate Mar 2014 #60
TBF Mar 2014 #61
TBF Mar 2014 #57
A Simple Game Mar 2014 #53
Fantastic Anarchist Mar 2014 #29
justiceischeap Mar 2014 #43
Tsiyu Mar 2014 #46
Scootaloo Mar 2014 #52
fasttense Mar 2014 #54
kcr Mar 2014 #62
blm Mar 2014 #63
edbermac Mar 2014 #5
Orrex Mar 2014 #7
Tsiyu Mar 2014 #9
Name Unpronounceable Mar 2014 #20
Tsiyu Mar 2014 #24
sunnystarr Mar 2014 #35
alcibiades_mystery Mar 2014 #18
WhaTHellsgoingonhere Mar 2014 #21
Rider3 Mar 2014 #27
Fantastic Anarchist Mar 2014 #28
IrishAyes Mar 2014 #47
IrishAyes Mar 2014 #48
sunnystarr Mar 2014 #50
IrishAyes Mar 2014 #67
sunnystarr Mar 2014 #51
IrishAyes Mar 2014 #66
Sarah Ibarruri Mar 2014 #49
liberalmike27 Mar 2014 #58
LineNew Reply Thought provoking graphic, but it is hyperbole. And misleading.
hueymahl Mar 2014 #64
Please login to view edit histories.