Capitalism is not a form of government. Capitalism exists in democracies, socialism and communism. So anyone making this argument is a conman.
We know for a fact communist governments live with capitalism as an economic strategy. China has a stock market and Paul what’s his name, the former US Treasurer that oversaw the 2008 global economic collapse now has a huge investment firm in China. As a matter of fact there should be a US investigation as to his frequent travels to China scrunching his face to make his face appear more Chinese. What was that guys name???? Oh, yeah, Henry Paulson. That’s the guy that spent more time in China than the USA when he was USA Treasurer. He was the one that handed out all those big checks to the banks. That is a real capitalist.
The USA is suppose to be a democracy and a very strong one at that. But, rather than running through definitions of this and that; the reason there are SOME cries for what seems like socialism, is because capitalism in the USA has failed many, many Americans and the Republican Tax Reform Law was a way of buying Wall Street political money. There is money again and we are left to wonder how much comes from Russia.
There is a grest deal of economic inequity in the USA. A great deal. Capitalism has to be governed well otherwise a democracy ends up with a mess that exists today. For those calling for programs that will pull them out of poverty and give them a better quality of like, it is completely understand. But, for me, unionization woks the best. Strong unions provide for free market governance of wages and quality of life. Unionization accounts for upward mobility in the USA democracy and that is fact. That is borne out in research.
For the bastards stating the Democratic Party is turning into a Sicialist Party; that is campaign rhetoric and a scare tactic.
Just so everyone knows; Seattle, Washington has a per capita GDP of more than $77,000 per year. Dallas, Texas has a per capita GDP of about $65,000 per year. I don’t think capitalism is lacking anywhere in the USA.
