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Quote by: Voluntary  There is nothing wrong with owning the fruits of your labor. You have the right to sell your labor or not.
If you have points of contention, then be original and bring them up yourself instead of leading me to an obscure and biased website.
Granted the author had some degree of intelligence when discussing Keynesian economics. He lacks understanding of other schools of macroeconomics. Supply-side economics is not a macro-school of economic thought. Why he compared Keynesian economics to supply side economics is beyond me. I lost IQ points reading that article. Name me 6 academic economist who subscribe to the supply sider school of thought, besides Laffer.
I am unimpressed by that site. Again, if you have specific contentions, then bring them up and debate them. Or you can just post links to random websites. Your choice. |
You asked or stated:
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"I would love to hear this theory. I am sure that excessive military spending to police the world, a declining educational system, providing health care and educational services to illegal immigrants, wasting money on unnecessary programs, agricultural subsidies (which also hurt 3rd world farmers), pork barrel spending, etc. has nothing to do with a declining America.
Let's point the finger at capitalism."
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So I did point the finger at 'capitalism' - that being my response (see below)
agreeing with the premise of this thread; "
Abolish capitalism to save the planet? " So, for your benefit I gave a quick link to you. I could care less if you don't like it. There is no "theory" to debate. Get it..?? The ball is in your court, you show me/us how great 'capitalism' is for us.
America is declining, for sure.. and it is due to the slobbering greed of 'capitalism' unchecked. "Capitalism" is not a
government. But it uses our so-called "democratic" republic to attain it's.. need.. read that
greed..
I stand by what I said, the only way capitalism could work is with checks & balances.. and those with the $$$ aren't about to have their bankrolls checked & balanced. So.. eventually, as in past history, the USA is gonna tank. Picked clean by the greedy 'capitalists'.
Capitalism without diligent checks & balances is like a fire in the house without a furnace/fireplace/oven.. etc, to control it.
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