danasider said:
To be fair, straight capitalism in the US has caused this country's richest class to grow and its middle class to shrink. If this number (in the OP) means anything (and it sounds like it is not very representative of the individual economies), it grew because of a communist country with a capitalist outlook: China. A mix is probably best: socialism with capitalism for instance. Straight capitalism has led to a country with the most billionaires and a middle class that's been shrinking for 30 plus years while the lower class grows daily. |
No, that’s illegal immigration and outsourcing to foreign countries to pay less taxes which is mostly a result of communist efforts. My father literally saw his power plant(s) and company (Exelon) cut benefits, perks, and scale # of workers too because of labor unions pushing hard and getting fucked over for it. They had so many easy perks and company parties at a local and state level. Things became much more centralized and management went for cheaper employees. Yes the free market is to blame, but not strictly capitalism. Both sides caused this. Union marxists who had it better than they complained and greedy capitalists who send nice try, now you lose.