Reply #13: I am a bit more optimistic... [View All]

[chknltl]

(edited for spelling fix)
...lacking an education in economics, I can see from a simplistic view both sides of this. One side has democracy dead, yet it's citizens haven't caught on yet. Mike Malloy would fit here. The other side has HOPE. Thom Hartmann would fit in here.

I am one of the hopeful. I agree, capitalism in a democracy MUST be restricted. Unrestricted capitalism will destroy it's parent democracy. We see that going on today and we have the events prior to, during and after the Great Depression as a lesson from our own history to draw on. History will use these two eras as proof that capitalism requires restrictions if the middle class, (read: We The Majority Electorate), is to survive.

Without a middle class, I don't think we have a democracy anymore. True, our Middle Class is struggling but we are still the largest voting group. My optimism comes from this fact combined with our having someone like Senator Obama yet in the race to be POTUS. I believe that if democracy in America were truly dead, so would have been Senator Obama's chances and the Middle Class would have been utterly disenfranchised from voting.