Thursday, August 2, 2018

Corporate Capitalism

Gxxxx Cxxxxx -- Corporate Capitalism is the best way for a small number of people to lift themselves to levels of unbelievable wealth; largely to the disadvantage of many members the rest of society. If there were no homeless in the USA, I would believe your claim. If all members of society were lifted along with the "noble elite" of corporate capitalist institutions I might agree with you, but that patently is not the case. There several homeless camps within blocks of my apartment. There is no economic incentive that will help these people achieve on the treadmill of fiscal success. They have been "thrown in the garbage." In the past ten years, the number of homeless living on the streets and sidewalks of Los Angeles has doubled from 30,000 to 60,000. THESE ARE THE VICTIMS OF CORPORATE CAPITALISM and for most of them -- their lives will never be whole again. It is curious to note the the Bolshevik Revolution started because 60 percent of the factory workers in Moscow were homeless at the time. One of the cornerstones of the Bolshevik Revolution was "housing for everyone" and they largely succeeded. There are no cities in Russia, China, or Europe that look anything remotely like Detroit, or East Cleveland. These cities represent the fruits of corporate capitalism for the masses (not the elite).


copyright (c) 2018
William Schaeffer

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