Capitalism and the American Dream Are a Myth:

[ret5hd]

[Loki Liesmith]

2. Lol

Capitalism is an economic system, not a myth. And while it has numerous flaws, it’s raised hundreds of millions of people out of poverty.

[markpkessinger]

7. And it accomplished all that by . . .

. . . despoiling the environment and exploiting the near slave wages of labor throughout the third world.

[JonLP24]

8. Not everyone

There is a lot of homeless and once you're there it is difficult to climb out of. Then there is generational poverty.

[3Hotdogs]

9. Capitalism is an economic system.... and we ain't got it here. What we have instead, is Fascism.

In the U.S., Fascism goes by the name of Corporatism.

Go on the internet tubes and learn about Corporatism.

[PETRUS]

12. And there's one of the myths right there. nt

[IronLionZion]

3. Liberals' favorite Nordic countries still have capitalism

it's highly regulated with a strong social safety net

[ret5hd]

5. Yeaaahhh... kinda like the video was saying.

[IronLionZion]

6. The video was mostly about consolidation reducing free market competition

which is a related issue

[bucolic_frolic]

4. Excellent but I doubt corporate concentration will even be mentioned before November

and only a small percentage of the electorate would understand it.

But yeah, monopoly and oligopoly mean pricing power. The average consumer's only tool to fight it is to produce goods and services for himself, buy used goods, or do without. But most goods cannot be produced by ordinary consumers or small companies, the supply of used goods is small and varied, and abstinence gets you nowhere.

[3Hotdogs]

10. So far, not one sentence about any of it.

[geretogo]

11. Up until Reagan this country had part Capitalism and part Socialism . Wonderfull years . It doesn't

have to be either , or . Why not go with what works for the most people . Medicare Health care , Social Security, Education
Public utilities , and regulated Capitalism . If you want freedom and liberty for all and a civil society these things must be
socialized .

[lonely bird]

13. Of course, it is capitalism.

There is nothing that says capitalism requires competition to exist. The problem lies with this: capitalism is an economic theology. It requires basically two things: private property established and protected by law and private absorption of profit. Beyond that the theology is static and backward-looking which the theologians attempt to project forward. What is left out by today’s theologians is Smith stated that those he called merchants would collude. He was right. He also did not foresee the impact of financialization. We must also note that interest, return and profit are all claims on future growth. Thus capitalism requires constant, never-ending growth.