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originally posted by: dfnj2015
Capitalism is not exactly working really well for the people of the United States lately. Wealth inequality is at all time highs. Wages are falling against inflation. The problem with all the outsourcing to China is now nobody has enough purchasing power to the buy the high price products being imported. The old demand supporting prices no longer exists. But the CEOs are too greedy to lower prices.
The Marxists have some pretty sharp criticisms of capitalism which no longer seems to be working very well:
Bernie Sanders sure had a lot of people showing up at his rallies. I think socialism will return along with FDR level tax rates.