Nothing quite dampens your belief in hard work paying off when you see an openly corrupt government self-dealing billions of dollars.
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Americans – including many Republicans – are losing faith in capitalism
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Re: Americans – including many Republicans – are losing faith in capitalism
#22Earlier quoted context omitted.
People seem stuck in thinking that the Republican party is still conservative. It's not. It's become extremist and radical -- the opposite of conservative.
They still call themselves "conservative". The giant bulk of the people who used to call themselves "conservative" still do so, and are MAGA. An outside observer is forced to note that almost all the doctrines have changed.
This is a fundamental misreading of self described “conservatives”. They only pay lip service to economic liberalism because it gives them something to rally around. It’s always been more about prejudice and punishment. If you want proof, look at the shift of the religious aligned conservatives starting in the 1960s who once leaned economically toward social democracy but quickly shifted right when the right started pandering to prejudice.
It’s a worldwide shift, happened across western nations as the left (once a bastion of prejudice) moved toward more progressive ideals.
Self identifying conservatives have never been terribly interested in economics and never will be.
Re: Americans – including many Republicans – are losing faith in capitalism
#23I think I'm losing my faith in the Constitution, the Bill of Rights, and the general rule of law more than I'm losing faith in capitalism. Capitalism is working as designed, all the money flows up. The rule of law is not working as designed. The rich have clearly different rules than everyone else.
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Re: Americans – including many Republicans – are losing faith in capitalism
#24This headline indicates we should feel surprise that Republicans are losing faith in capitalism. That's a little odd, given the abrupt reversals of policy preferences we've all seen since 2017. "Law and order", free trade, free markets, low tariffs, personal responsibility, judicial restraint, checks and balances, the importance of character, all at least tacitly abandoned.
I didn't leave the Republican party, the party left me. Then again I'm some kind of crazy nut for believing that principles matter even if you lose the election and that cruelty isn't something to be praised so what do I know.
Re: Americans – including many Republicans – are losing faith in capitalism
#25Some faiths can survive only putting apart real facts, so treating capitalism or socialism like 'faiths' can bring to disasters, history docet, these things are only ideas, tools, models, not matter of faiths, and when real facts will begin to show up, the faiths will crumble, but ideas stands..
If surviving is adapting, changing as needed, actually the very few winning the greatest lottery in the world and history are very reluctant to agree to help change the rules, even minimal reasonable changes, because they have no needs actually.
But when needs will rise, maybe; but there is enough time? This is the bigger doubt for me.
Re: Americans – including many Republicans – are losing faith in capitalism
#26There has been a sustained anti-capitalist propaganda campaign in the last few years, so this isn't surprising. Most people are sheep.
Re: Americans – including many Republicans – are losing faith in capitalism
#27We have socialism for the rich, so why not for the poor? Edit: wanted to make this a little less low-effort so here's how I see us having socialism for the rich: Taxpayer-funded research being transferred directly to private companies, often with little to no compensation back to the government or taxpayer, and with all profits from this R&D being privatized. The entire Internet is an example of this. SpaceX getting…
Agree. Is the (very) old trick: private gains, and public losses.
Like investing in the last 20+ years thousand of billions in speculative finance and not in real concrete economy, inflating finance to over 10 times or more than the real economy, and linking all to the rule (or fable) of eternal growt.
Re: Americans – including many Republicans – are losing faith in capitalism
#28There has been a sustained anti-capitalist propaganda campaign in the last few years, so this isn't surprising. Most people are sheep.
A “propaganda campaign” implies intent. I’ve seen a lot of dissatisfaction about capitalism, too, particularly among Gen Z, but to me it looks like an expression of the loss of faith the headline is talking about. What makes you think this is a propaganda campaign and not a zeitgeist?
Re: Americans – including many Republicans – are losing faith in capitalism
#29There has been a sustained anti-capitalist propaganda campaign in the last few years, so this isn't surprising. Most people are sheep.
"sustained anti-capitalist propaganda campaign"... LOL
Re: Americans – including many Republicans – are losing faith in capitalism
#30Ah yes, CNN, the trusted and unbiased source on capitalism, and especially republicans.