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slightlv

(6,563 posts)
3. Maga is certainly beginning to get that "state control of private companies" now!
Tue Aug 26, 2025, 04:17 PM
Aug 26

And I've heard they're not too happy about it.

I'm not going to completely trash capitalism. Like any system, it has its good points and bad. The problem is the people behind it. They're greedy, avaricious, and sometimes flat out psychopaths. When you don't care about anybody but yourself, anything goes. But there are ways of reining in capitalism that doesn't throw out the baby with the bath water.

I'm for regulated capitalism. No owner should make thousands of times more than their lowliest workers. And these percentages should be published so everyone knows what that baseline is. No company should be allowed to spew toxins into the air, land, and sea such that we are presently, and in the future, poisoned. Corporations and companies who advertise and sell known defective products should not be allowed to do so. These are just a few examples that are on the top of my head.

We were actually working on a good outline before Reagan. Americans were prospering, the economy was going well, and there was general satisfaction in the populace. Then came Reagan, the Moral Majority, and the policial implementation of "one trick ponies" like abortion and guns to take our eyes off the overall picture. Reagan (and Cheney, behind the scenes) started tearing down everything we built to control laissez faire capitalism. Deregulation became Reagan's only economic policy, along with the trickle down economics umbrella to explain it all.

I'm not against capitalism. I'm against laissez-faire capitalism. The type of capitalism that exists where anything goes, and it's buyer beware at all times. I really don't like Ferengi economics!

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