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Forum Post: We DO NOT have a capitalist system

Posted 3 years ago on Oct. 3, 2011, 6:16 p.m. EST by signul (1)
This content is user submitted and not an official statement

The state plays a major role in research, development, bailouts, etc.

http://www.youtube.com/watch?v=el1CdxiDo6M

7 Comments

7 Comments


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[-] 2 points by gawdoftruth (3698) from Santa Barbara, CA 3 years ago

correct, its a corporate oligarchy, its never been capitalist. Capitalism is just the carrot put in front of conservatives.

[-] 1 points by antisocialist (30) from Rochester, NY 3 years ago

Kucinich is a socialist.

[-] 1 points by Kooch (77) 3 years ago

Kucinich has the right idea in his "NEED" act: http://americanfreepress.net/?p=800

[-] 1 points by Kooch (77) 3 years ago

We have flawed capitalism--fatally flawed. We must strip the banks' right to create money through the fractional reserve system. Only the government should issue currency. We need a new branch of government to figure out how much money the other branches get to spend. That money would be created debt free and spent into the system. If the government spends too much, they tax some out to be retired from circulation.

We've been doing currency creation all wrong and backwards. This is why our capitalism is so distorted--before the government steps in with research, development, bailouts, etc.

[-] 1 points by gawdoftruth (3698) from Santa Barbara, CA 3 years ago

correct, its a corporate oligarchy, its never been capitalist. Capitalism is just the carrot put in front of conservatives.

[-] 1 points by Student (94) 3 years ago

Pure Capitalism would result in the banks raping us even HARDER. Right now there is a little bit of stuff in the way

[-] 1 points by gawdoftruth (3698) from Santa Barbara, CA 3 years ago

actually no. Real pure capitalism would make it possible for us to get billion dollar loans. Its actually much more evolved and egalitarian than the system we have now.