1 disagreement though, capitalism is not the evil root of what ails us in the USA.
i think there is an argument to make that capitalism has been hijacked to enable our current situation, but todays USA is exhibiting fascism.
like the word vaccine - we live in a world where those in power are changing the definitions of words to suit their purpose, so too has fascism been redefined. I am referring to a fascism as defined as - the private ownership of means of production where those special interests can leverage government coercion for their own benefit.
crony capitalism, is a modern phrase which may appropriately describe our current situation - but this is a massive break from free market capitalism.
special interests gaining advantage by using the government- warp speed program, no bid contracts for military contractors, the CARES act, blackrock/fannieMae/FreddieMac/subprime mortgage fraudsters/TARP recipients - these are not the embodiment of free market capitalism. this is the government picking winners & losers instead of allowing competition (who provides the best good or service at the best price) to determine success.
key examples:
military industrial congressional complex:
1. the pentagon cannot pass a financial audit and has unaccounted for trillions in spending
big fan of your work Caitlin.
1 disagreement though, capitalism is not the evil root of what ails us in the USA.
i think there is an argument to make that capitalism has been hijacked to enable our current situation, but todays USA is exhibiting fascism.
like the word vaccine - we live in a world where those in power are changing the definitions of words to suit their purpose, so too has fascism been redefined. I am referring to a fascism as defined as - the private ownership of means of production where those special interests can leverage government coercion for their own benefit.
crony capitalism, is a modern phrase which may appropriately describe our current situation - but this is a massive break from free market capitalism.
special interests gaining advantage by using the government- warp speed program, no bid contracts for military contractors, the CARES act, blackrock/fannieMae/FreddieMac/subprime mortgage fraudsters/TARP recipients - these are not the embodiment of free market capitalism. this is the government picking winners & losers instead of allowing competition (who provides the best good or service at the best price) to determine success.
key examples:
military industrial congressional complex:
1. the pentagon cannot pass a financial audit and has unaccounted for trillions in spending
1a. afghanistan papers
1b. pentagon papers
pharmaceutical industrial complex
2. vaccine mandates,
healthcare industrial complex
3. Affordable care act
financial industrial complex
4. the federal reserve system
4a. blackrock - look up Blackrock's Aladdin