Yeah, I think you guys answered Alpha's misunderstanding especially that Communism is not Democratic Socialism, particularly by being not democratic, and that the Russian oligarchy of today resulted from perestroika when black markets thrived during their transitioning into a market economy. I've not been following closely but I'd imagine that still ongoing; and I liked the mention, as it is true, that youth today, though really even through my generation which includes when woman had to start working to help support family in the 70s, experienced a type of capitalism that destroys the middle classes on the backs of the middle classes, leaving only the upper middle intact as buffer to the 1%.
This redistribution of the nation's wealth to the 1% has been systematic and ongoing for the last 45 years, the charts above show that perfectly clearly. Before that, as the middle classes rebuilt this nation from the last time the 1% destroyed the financial system, the distribution of the wealth allowed more people to benefit.
So it's bullshit to say that if more benefited now, that the country would suffer, because when more people benefited before, that's when the country was building back from the Great Depression, you know, from pretty much bottom. And if you look at what was the distribution leading up the Great Depression, we don't see the money going to the 90% at that time. Instead we see leading up to catastrophe the same distribution pattern that we have today.The Decade Leading up to the Great Depression
Look familiar? Look at the above chart in prior post at what it looks like today. Compare that chart to this chart. That's the graph which leads to catastrophe.
I'd add further to why youth is capable of thinking differently than their elders about socialism which is not just because they've been raised under a rabid form of capitalism--though that's a very good point--but also because they have less memory being less alive during the Cold War, which ran 1950s through the 90s, when fear ran rampant in America, some real, some faked, all used (including homophobia) by the 1% as distraction to steal the wealth of the nation while deriding all socialism as specific communism, which of course it is not. But that's how many of the older generations, particularly those who rely on bumper sticker mentality, think of it. Youth today was not as tainted by that memory.
Also, a number of us throughout it all have been championing a more compassionate capitalism. It doesn't have to be ruthless capitalism to succeed--rather that's what destroys. And it probably doesn't even take a democratic socialism in America and I'm not sure that fits. Certainly Bernie wouldn't be installing that here, but he could help steer the country towards a more social democracy...https://en.wikipedia.org/wiki/Social_democracy
Social democracy is a political ideology that supports economic and social interventions to promote social justice within the framework of a capitalist economy, and a policy regime involving collective bargaining arrangements, a commitment to representative democracy, measures for income redistribution, regulation of the economy in the general interest and welfare state provisions. Social democracy thus aims to create the conditions for capitalism to lead to greater democratic, egalitarian and solidaristic outcomes...
...such that production might remain in private hands but, perhaps, better regulated to better avoid the abuses of monopolies and virtual monopolies. For instance, why is electric considered a utility with pricing subject to governmental review but medicine is free to fleece? Does life depend more on electric or on health?
We are not robots. We'd like our humanity back please.
rdberg1957 saidNobody hates capitalism more than capitalists. When they ascend the ladder, they make sure to rig things so that others can't join them.
Thus "they privatize the profits and socialize the losses."