Earlier quoted context omitted.
I know it's not perfect, but that really misses the forest for the trees. I for one agree we need to find a way to redistribute that wealth, but what exactly generated all of that ridiculous wealth on the first place? And people have access to more advanced goods and services than ever at unprecedentedly cheap prices. Again, I agree we need to lift up our lower class right now, but by many metrics, it's better to be…
I am not saying capitalism as such is terrible, or that we should abolish it etc. What I do think we need is to have a more healthy mix of properly regulated capitalism, higher taxation of top earners, closing loopholes and corporations storing cash overseas and healthy social programs, infrastructure development etc. As for " it's better to be impoverished today than to be middle class 50 years ago", there was certa…
I also don't understand the mindset that it's somehow somebody else's fault when a person accumulates student debt. Like, I'm sorry you made a poor choice, but nobody physically twisted your arm and made you take this loan. Protecting people from their own bad decisions is not, in my mind, proper regulation of capitalism. It's the infantilization of grown adult citizens. Butt I'm open to having my mind changed.