Economic Activism and Progressive Living

multigraincracker

(34,713 posts)

8. Free Market Capitalism

Wed Dec 22, 2021, 11:56 AM

Dec 2021

has turned out just as bad or worse. It may have started out a little more fair in Wealth of Nations, with some protections against monopolies and the concentration of wealth as proposed by Adam Smith, but has melted into Ayn Rand and the worship of greed and power.

What is the answer. It certainly is not in any "only way or no way" way of thinking. In truth the world is not black and white, it's only shades of gray.

Economic systems must adapt to a changing environment or go extinct.

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The current situation was explained some time ago. [View all] multigraincracker Dec 2021 OP

Bookmarking cilla4progress Dec 2021 #1

Absolutely brilliant!! jmbar2 Dec 2021 #2

A house around the corner has a sign in the yard that says, multigraincracker Dec 2021 #3

This presentation explains so much jmbar2 Dec 2021 #5

Karl Marx? Marxism, Communism, Socialism, Fascism.. "Deal of a Lifetime" Budi Dec 2021 #4

Democratic Marxism, multigraincracker Dec 2021 #6

How bout Not ever. Which global billionare warrior already has called dibs to the new throne? Budi Dec 2021 #7

Free Market Capitalism multigraincracker Dec 2021 #8

The Democratic part of out Democratic Republic is multigraincracker Dec 2021 #9

So just burn it down' rather than fix it & go find us a cool new utopia like those other govts have. Budi Dec 2021 #11

The idea is to tone it down, multigraincracker Dec 2021 #12

Tone it down with a dash of Marxism??? Budi Dec 2021 #13

Western European Socialism, a result of Karl multigraincracker Dec 2021 #14

K&R n/t markie Dec 2021 #10