SO JUST EXACTLY what are the rules of capitalism, or, what should they be? should we have any rules at all, or a completely free market? without minimum wage and workplace laws, how much would exploitation increase? since there is apparently a surplus of labor in america, sweatshops might rear their ugly head.
who will decide the rules? all these decisions concerning the operation of the economy must and will be made - by somebody. we the people? or the elite few? a completely free market unregulated economy would likely end in disaster, with one person owning everything, or mass corporate bankruptcy, or chronic depression.the amount of economic regulation in america and throughout the world can be described as nothing less than socialism, and despite appearances, the global economy has never worked better than it does now, our modern mixed economy.
gore vidal said that the fifty percent of the american people who don't bother to vote are simply sensible enough to realize that their vote means nothing, and isn't worth the trouble. evidently vidal saw no symbolic value in the act.
whether it is legal to sell marijuana, to use billions of dollars to take over companies and reorganize them, or to shelter investment revenue from taxation are decisions we might not want made by a small group of people. after all, we are all affected by such decisions.
but that's exactly how such decisions tend to be made in america, because most adults have no interest in participating in public affairs. and who can blame them? participating seems useless.
"if the people become inatentive to the affairs of government, then the legislators and magistrates will divide society into two classes: wolves, and sheep." - Thomas Jefferson
jefferson's prediction came true long ago. the question is; do we the people have the will to change it?
Bb
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