Thursday, September 01, 2011

Capitalism is a self defeating strategy as it destroys competition...

...jobs and the economic base that drives the economy itself, the tax base, etc.


The "Old World" car industry is a prime example of how capitalism destroys economic viability.  There is no saying no to lower prices.  There is no saying no to 'gadetry' in order to 'make the sale.'  The Republicans best strategy is supply side economics that creates the lowest paid work force and cheapest products because that is where 'it' is all going anyway.  So why put it off.  


But, wasn't it and isn't it LABOR that is the problem otherwise USA jobs would return.


NO.  It is not labor, because labor supports the economic base of which the MAJORITY is the Middle Class.  The Middle Class is where consumer is created.  If no one believes that ask Steve Jobs.


One of the most hideous statements I ever heard a conservative commentator make is how the Poor in the USA want for nothing.  They live indoors, with a computer, television, refrigerator, etc. just like 'we' (the Unpoor) do. So, like what is the problem?


The problem is that "The State of Poor" is becoming the majority.  Low wages, cheap products, no health insurance and no contribution to the 'consumer economy.'  The Poor have a sedentary lifestyle except for what exercise program they can put in their CD player because there is no money to participate in 'The Consumer Economy of Choice.'   There sedentary lifestyle contributes to higher health care needs and a larger burden on the health care system when the emergency room is their 'doctor of choice.'


Capitalism has been defeated as a viable means of an economy in the USA because there is no manufacturing and there is no industry that can compete with imports from China and India.  


There needs to be import taxes on goods coming into the USA economy to allow products produced here to compete.


Oh.


But, wait.


That's right it would be a tax after all and Grover Norquist would not approve.  Is Norquist invested in China or what?