My impression is that Zoomers in the USA have been told that the abysmal, violently upward-distributing societal scheme prevalent in America in the 21st century is “Capitalism” and everything else is “Socialism” which “doesn’t work.”
That is not so. The world has a vast spread of free market capitalist countries, and none of the other ones have a model similar to America’s. What is most telling is that other countries kept the model that America came up with after World War 2, while America destroyed it and refashioned is as corporatism starting in the 80s.
It’s as if someone had replaced “We The People” with “We The Corporations.” It’s telling that a lot of people measure the welfare of the commonwealth by stock market indices, because those measure the welfare of corporations.
My impression is that Zoomers in the USA have been told that the abysmal, violently upward-distributing societal scheme prevalent in America in the 21st century is “Capitalism” and everything else is “Socialism” which “doesn’t work.”
That is not so. The world has a vast spread of free market capitalist countries, and none of the other ones have a model similar to America’s. What is most telling is that other countries kept the model that America came up with after World War 2, while America destroyed it and refashioned is as corporatism starting in the 80s.
It’s as if someone had replaced “We The People” with “We The Corporations.” It’s telling that a lot of people measure the welfare of the commonwealth by stock market indices, because those measure the welfare of corporations.