The incessant cheerleaders for "capitalism" and its associated bail-outs, are ironically the ones who have put it most at risk.
When the excesses fueled by success throw off inevitable "imbalances" due to over-investment...And, those imbalances are not allowed to clear, because success sponsors political subversion allowing imbalances to propagate...Then, the system inevitably self destructs, as is taking place across the globe right now, most visibly in China.
Wait out riots and anarchy and if history allows, Rinse and Repeat. Rebuild Zion.
Oddly, the Constitution said nothing about any of that.
Without ongoing and unimpeded "creative destruction", then capitalism morphs into a rent-seeking cancer and inevitably destroys itself at both the economic and political level, a concept advanced by Marx and "optimistically adjusted" by Joseph Schumpeter:
"According to Schumpeter, creative destruction describes the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one". In Marxist economic theory the concept refers more broadly to the linked processes of the accumulation and annihilation of wealth under capitalism."
It didn't have to be this way, but the Koch brothers and Wall Street intervened in a way that ensured that it would be. Without accountability from everyone, including those at the top, capitalism doesn't work.
The Federal government is no more than an extension of the corporatocracy. There to ensure the quarter gets made.
Representative democracy is neither.
Without ongoing and unimpeded "creative destruction", then capitalism morphs into a rent-seeking cancer and inevitably destroys itself at both the economic and political level, a concept advanced by Marx and "optimistically adjusted" by Joseph Schumpeter:
"According to Schumpeter, creative destruction describes the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one". In Marxist economic theory the concept refers more broadly to the linked processes of the accumulation and annihilation of wealth under capitalism."
It didn't have to be this way, but the Koch brothers and Wall Street intervened in a way that ensured that it would be. Without accountability from everyone, including those at the top, capitalism doesn't work.
The Federal government is no more than an extension of the corporatocracy. There to ensure the quarter gets made.
Representative democracy is neither.
