Re: the future long term financial apocalypse of the USA

On Sun, 19 May 2024, Paul S Person wrote:

On Sat, 18 May 2024 20:35:30 -0700, Dimensional Traveler
<dtravel@sonic.net> wrote:
>

On 5/18/2024 5:56 PM, Titus G wrote:

On 19/05/24 01:34, Michael F. Stemper wrote:

On 17/05/2024 15.31, D wrote:
>

I was unaware

>
Ignorance is bliss.
>
  we have anything resembling capitalism. What we have

today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most
cosy with politicians.
>
As for who the wealth belongs to and the benefits for the population
at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth,
quality of life etc.

>
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
>

>
Be careful. You might smear his rose tinted spectacles.

>
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist" and a
"planned economy".

>
One suspects that D is a wanna-be 1%er who is upset that he can't
reach his goal if any laws of any sort, type, or kind exist.

You will never know. But I do find your guesses and interpretations very entertaining, so please continue. =)

It is clear that his version of "capitalism" includes such features
as: trusts/syndicates/market-cornering/squeezing everybody else,
competition without any restrictions, no labor unions, abundant child
labor, adulteration as need to increase profits, and so on. /That/ is
the "capitalism" he supports.

Let's content ourselves with less is more. Some of the above is good, some of the above was good, some of it is necessary along the development of capitalism, and some is untenable in a free market, and only exists today because of hte government.
I was not aware of your level of ignorance, but now that I am, I can understand that socialism seems workable to you.
If you would like to educate yourself, I recommend that you have a look at mises.org. You'll find plenty of good and solid free market material there to enlighten you.

He also appears to have swallowed the "peak of civilization" "high
culture" /restricted to white Western Europeans/ myth.

It is true. European science and technology is the foundation of our modern civilization and has basically won. Granted, there are local cultures left, but on the whole, the western mentality, science nad mindset has been proven to be the most utilitarian.
Only woke people insist on not realizing this, and that is why we are in a political incline since everything european and white is labeled as bad, and we see the enormous destruction of this mindset.
But the public will wake up eventually, and then we'll move on to higher levels of european civilization.

This isn't unique, of course. Tillich, after WW2, was appalled at how
quickly Germany, "the most civilized society on Earth", had fallen
into barbarism. He failed to realize that what he called "civilized
behavior" was merely the behavior of the Upper and Upper-Middle
classes (who could afford special clothes for going to plays and
concerts, and the carriages needed to get there and back) -- a
paper-thin covering over the abyss of reality.

Nonsense and completely unrelated to anything I've said. Please do make an effort at least, or else this will become very tedious very quickly.