| ManusJustus said:
America, as well as most of the world (except maybe Venezuela or something), has become more and more capitalist. In America, since 1969 the minimum wage has decreased, the gap between rich and poor continues to widen, and all the while scientific achievement has grinded to a halt as the free market focuses on business and entertainment technology. As I said before, scientific advancement in the last 40 years is nothing compared to the scientific advancement 40 years prior to that. Economically speaking, I dont understand how you can argue that people are more equal today than they were in 1969. I thought that your argument was the the rich are getting richer and the poor are getting richer more slowly. As I said before, stating that the poor in 2009 are better off than the poor in 1969 is no better an observation than stating that the poor in 2009 are better off than the poor in 1069. |
In what way has the American government become "More Capitalist"? Between social security, Medicare and Medicaid more money is spent on wealth transfers from the federal government today than any other expense; and more money is spent redistributing wealth today then at any other time in history. It could be argued that this ever increasing social spending is correlated to (and potentially causing) the increase in disparity between the rich and the poor.
