Monday, April 20, 2020

The danger of unrestrained capitalism

Unrestrained capitalism is no less a threat to our freedoms than an unrestrained socialism, if not more so. We already see its ill effects manifesting in society: how many of us are chained to jobs we hate, can’t start businesses, because healthcare is even more unaffordable without it? How many of us avoid college due to crushing student loan debt? How free will you be when wealth and power are consolidated into fewer and fewer hands, when the wealthy have so much power to influence elections? When we are forced to serve this or that billionaire to survive?

How free are you, really? When we have capitalism/socialism at a reasonable equilibrium, we can see from other countries that society is much better off. But you won’t hear that from our corporatist, far right capitalist leaders. You won’t be taught that in high school, because “freedom.” It’s no wonder we are where we’re at.