Originally posted by: Mark
Sigh, Don Diego doesn't understand American economic history, and it appears he doesn't want to because it doesn't conform to his preconceived notions. Sure there was what we would call today some small-scale capitalism conducted by tradesmen. It wasn't called capitalism because that term didn't exist back then. The term capitalism wasn't used until 1854. So the idea that the country was founded upon or that we have always had a capitalistic system is ludicrous. The economic history lesson I provided above shows that we had some very distinct economic systems depending on the time and the region of the country which can't be classified as capitalistic.
I have never objected to mom and pop capitalism like the tradesmen you discussed and neither does Ms. Ocasio-Cortez. In fact, prior to running for office, she advocated for small mom and pop type businesses.
My problem is with the perverted form of capitalism we practice in this country where losses of big business are subsidized by the taxpayer but all profits are privatized. The banking industry, the airline industry, the automobile industry, the defense industry, the pharmaceutical industry, the oil and natural gas industry, the firearms industry, big box retailing and many others are run like this with the taxpayers providing massive subsidies, shields from liability were the taxpayers end up paying the actual cost of the product, and outright bailouts when the industry fails often through the results of deregulation and or monopolies in certain industries.
It is an absolute perversion that it costs the American taxpayer around 4 million dollars a year for each Wal-Mart operating across the country.
It is absolutely sick that rightwing activist judges have granted corporations the right to free speech and even the absolutely bizarre right where for-profit corporations with hundreds of thousands of shareholders have "sincerely held religious beliefs" that exempt them from following practically any law they want as it relates to their employees. It is disgusting that freeloading welfare queen corporations can set up their corporate headquarters in a low tax country by simply renting a PO there and avoid their obligations to this country all the while taking massive handouts from the taxpayers.
I have read the constitution quite a few times and I have never come across the term corporation or corporate rights. From my Jefferson quote above, it should be obvious the founders knew what corporations were and chose not to include them in that document.
The sick form of capitalism we currently practice in this country is more akin to the fascist states of Nazi Germany and Mussolini's Italy where the government regularly fornicated with big business to the detriment of the people.
If objecting to this perversion makes me a socialist so be it.
I don't recall you decrying the government bailouts Øbama gave away. That was actually taking taxpayer money and giving it to large corporations.
One thing that liberals prove day in and day out is, they believe all money made belongs to the government. Many of the "subsidies" you hate are actually letting businesses keep more capital that they make.
You're not just a socialist, you are a Marxist socialist.
