Into the Night
Contributor
Argument from randU fallacies.Bottom line: Right now, under relatively unchecked capitalism, the top 1% of families own one-third of the total wealth of our nation; the top 10% of families own two-thirds of the total wealth of our nation; and the bottom 50% of families own about 2 1/2 % of the total wealth of our nation. And for the last 5 or 6 decades, the disparity has been steadily getting worse.
Capitalism is self regulating. It needs no 'checks' from government or anything else.
'Checks' from government is socialism. Marxism has never worked.
Capitalism is the only system that creates wealth. It is the only system where the poor can help themselves out of poverty.Anyone who cannot see that for the disgusting/dangerous situation it is...doesn't deserve to be a participant in a discussion of this topic. Something has to be done to divert our economy from the track it is presently on. If capitalism cannot do it then some other form of economic means will have to take its place. I hope it is never communism or socialism to the exclusion of capitalism and free enterprise...BUT SOMETING HAS TO BE DONE.
Socialism only steals wealth. Socialism keeps the poor in poverty and adds more poor.



