Re:Is capitalism a threat to democracy?
by dragonwriter on Friday May 11, 2018 @01:57PM
(#17049461)
> But the point was that it isn't capitalism that is responsible for that cronyism
If by “capitalism” you mean the real-world economic system for which that name was coined by it's critical you are wrong.
If by “capitalism” you mean the abstract theory created to provide propaganda to justify that system after it already existed, you are, well, still wrong, because that propaganda tool serves to protect the actual source of the problem.
> And that the wealthy wanting tax cuts does NOT mean that the wealthy need to dismantle the safety net in order to get their tax cuts. We can afford both tax cuts and a safety net if we eliminate cronyism in the government.
The wealthy don't want tax cuts independent of cronyism and social safety net, they want cronyism in their favor, including particular forms of tax and social safety net cuts.
If by “capitalism” you mean the real-world economic system for which that name was coined by it's critical you are wrong.
If by “capitalism” you mean the abstract theory created to provide propaganda to justify that system after it already existed, you are, well, still wrong, because that propaganda tool serves to protect the actual source of the problem.
> And that the wealthy wanting tax cuts does NOT mean that the wealthy need to dismantle the safety net in order to get their tax cuts. We can afford both tax cuts and a safety net if we eliminate cronyism in the government.
The wealthy don't want tax cuts independent of cronyism and social safety net, they want cronyism in their favor, including particular forms of tax and social safety net cuts.