63 karma · joined September 3, 2017
Stuff like this is the natural conclusion of such a system.
I use to listen religiously for about 3 years, until the 2016 election. The way they talked about the democratic primary, it was very very obvious they were biased towards favoring Hillary. They were telling outright lies about Bernie and his policies. Haven't listened to them since, but I've seen stories about how much worse they've gotten. I think they're mostly funded by the Koch's.
I went with saving for down payment and getting a home. I'd say i made the right choice though. I just looked at rent cost for the apartment I use to have, and when i started renting it was $900; It's now at $1315 4 years later. My mortgage is at $1300, and I know it will always stay that way, too. Only downside is replacing things that seem to break all the time when you own a home :P
And my favorite part:
"For economic growth and almost all of the other indicators, the last 20 years [of the current form of globalization, from 1980 - 2000] have shown a very clear decline in progress as compared with the previous two decades [1960 - 1980]. For each indicator, countries were divided into five roughly equal groups, according to what level the countries had achieved by the start of the period (1960 or 1980). Among the findings:
Growth: The fall in economic growth rates was most pronounced and across the board for all groups or countries.
Life Expectancy: Progress in life expectancy was also reduced for 4 out of the 5 groups of countries, with the exception of the highest group (life expectancy 69-76 years).
Infant and Child Mortality: Progress in reducing infant mortality was also considerably slower during the period of globalization (1980-1998) than over the previous two decades.
Education and literacy: Progress in education also slowed during the period of globalization.Source 29"
TL;DR: Capitalism is unsustainable. We need a new system.The same is and will happen with socialism. The status quo benefits a select few people (Monarchy, at the time), who will do their damndest to keep it that way. Eventually, enough people will rise up and make change happen.
The words are a bit bundled up in usage. The communist revolution lead to a State-Capitalist USSR, which most scholars would say is not what socialism actually is (as per your Richard Wolff videos) I suggest watching his intro to socialism videos to get a clear understanding of the terms. The USSR revolution was supposed to bring about a socialist society, but Stalin basically decided that being in a State-capitalist society was good enough, and ended the transition there.
1. Buy out the company and outsource everything 2. Buy out the politicians and make laws against them 3. Use their extreme wealth to sabotage their business. 4. In the case of other nations, embargo them and assassinate their leaders, stoke pro-capitalist revolutions.
Examples: See Cuba, USSR, entirety of South America, Vietnam, etc.
Yeah, we wouldn't want people being wealthy beyond belief without deserving it. I can tell that you don't know the first thing about socialism.
Edit: To actually answer your question, perhaps you should think about politics, and fight for a future where no one should suffer like this.