Posted 11 years ago on July 30, 2012, 11:14 p.m. EST by DemandTheGoodLifeDotCom
from New York, NY
This content is user submitted and not an official statement
The failures of capitalism are astounding.
Yesterday, 60 minutes ran a story about homelessness which you can view here.
They point out that 1800 kids, from just 1 Florida county alone, are living in cars. Yes, in cars!! Incredibly, 1.6 million kids in this country are homeless!
Did we run out homes? Did we run out of construction workers? Or lumber? Or sheetrock? Or land?
Of course not. They are living in cars because we use the most moronic economic system ever devised: capitalism.
Some guy from Medieval times said I got a good idea on how to run the world. Let's make everyone fend for themselves and see what happens.
That's what capitalism is. It is a dumb idea.
It is an economic system so incredibly inept that it can't even do the most basic economic task of putting everyone who wants to work in any of the nearly infinite jobs currently available that need to get done or do the simple task of housing everyone who wants a home.
Capitalism hasn't ever successfully managed any economy at any point throughout any part of its several century run. Every capitalist economy has always had significant poverty, financial struggle, unemployment, homelessness and misery.
But capitalism isn't just incompetent. It is also corrupt. The entire system of capitalism is based on theft, exploitation and welfare for the lucky.
What the world needs is a system that works and is fair. Not only can we easily employ everyone in fulfilling and meaningful jobs and house everyone in beautiful homes, we can do far, far, far more.
The world needs a democratic economic system.
The planet and its rich resources rightfully belong to everyone which gives everyone a natural right to a job and a fair income. And the only fair way to allocate income is based on how hard you work which you do by limiting differences in income to only what is necessary to get people to do undesirable jobs and give their maximum performance in performance based jobs.
If we allocated income in that way, everyone would be wealthy, the minimum wage would be $115,000 per year for working just 20 hours. And when you make everyone wealthy, you would eliminate nearly every problem in society as explained fully in this post.
It is time to fire capitalism which we can easily do by following this simple plan.