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There has been a long-standing tension between capital and labor. The problem now is that labor is losing in a way that is no longer tenable for the maintenance
by unclebucknasty 13y ago
There has been a long-standing tension between capital and labor. The problem now is that labor is losing in a way that is no longer tenable for the maintenance of a stable system.
So, ironically, I think it's this "free market at any cost and by any manner" ideology that is the unstable idealization. Witness the grave economic disparity that it is producing.
It's funny, because the "democratic capitalism" system that I'm referencing consists of the capitalism that is defined in economic textbooks and the democracy that is described in the U.S. Constitution, etc. It's what we have now that is the bastardization of these principles: the crony-capitalism and pay-to-play political system into which we've devolved.
So, I'm arguing for a true meritocracy and economic opportunity for more than just a handful of bankers and gatekeepers. It would need to start with a true democratic government vs. one that has sold out to those same bankers and gatekeepers.