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The New DU. Reply #92: This is a major issue and why capitalism, itself, must be examined .. ..
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defendandprotect
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Mon Oct-29-07 12:03 AM
Response to Reply #56 |
| 92. This is a major issue and why capitalism, itself, must be examined .. .. |
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After the coup on JFK when the battles to deregulate began -- i.e., overturning the New Deal -
corporations wanted to increase their earnings. I think 10% was kind of Bibical and accepted; of
course, they were making more.
Instead of telling them that was it -- Congress told them to diversify to expland their profits.
Again -- all the world has understood the foulness of capitalism; except where it has reigned.
Capitalism is something we have to look at here -- discuss and understand.
Capitalism and democracy are NOT synonymous.
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