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View Diary: 2 years since OWS began and 99 percent of us are still getting screwed (247 comments)

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  •  Look at when civil rights and the middle class... (1+ / 0-)
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    isabelle hayes

    ...came of age. We flourished under capitalism where the capital at the highest incomes was heavily taxed, when we made the investments in education and infrastructure that made us into a nation unlike any other for two + generations. That version of capitalism, with strong unions serving as a counterbalance to government and industry, served as the model taken by European and the Japanese recipients of the Marshall Plan and became Democratic Socialism.

    I'm not ready to throw the baby out with the bathwater. Well regulated capitalism with progressive taxation and capital gains, when also highly taxed at the high end until they depreciate to encourage development of them rather than flipping them, changed the world as we know it. And can do so again. And now with the Internet and modern communications we stand to make it ever more transparent and fairer if we, the citizens, take the reigns back into our own hands.

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