Skip to main content

View Diary: Taxing the rich: it's not about "fairness" (182 comments)

Comment Preferences

  •  Regulating Capitalism is like... (0+ / 0-)

    putting a serial killer under house arrest.

    It never works for long because Capitalism, by its nature, accumulates power in the hands of fewer and fewer people.  These oligarchs inevitably undo any attempt at regulation.

    Witness the history of the U. S. as an example.  The same thing is happening in Europe.

    •  Please reread my comment (0+ / 0-)

      I said capitalism has provided the highest standards of living, opportunity and efficiency the world has ever seen.   I really think this is settled.  Can you point to a communist country that even remotely competes with the US or Europe on these fronts?

      Centralized planning is a failure.

      Properly regulated capitalism allows for Socialist policy where necessary (healthcare, pollution, government food inspection, SEC regulation, etc.).  The problem with capitalism isn't the concept, it's the political system that distorts the concept.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site