Re: the future long term financial apocalypse of the USA

On Mon, 19 May 2024, Scott Dorsey wrote:

D  <nospam@example.net> wrote:

>
But it is the government and corporation influencing it that demolishes
capitalism. Like you, I've seen it work well, but my belief is that
improvements never happen in a straight line. It fluctuates, sometimse
goes down, followed by a rise.

>
Right.  And in a democracy, the people who are responsible for that in
the end comes down to us, the voters.

In theory, in practice in the west, I'd say that the power rests with parties, career politicians, lobbyist and the captains of industry. The regular voters are given the illusion of choice, but in reality they don't really make any big changes.

So the reason the young see what they do, is that the government (and
corporate lobbyists) have interfered with the market, so we have less
capitalism and not more.

>
Right, although I am not sure I would say "less capitalism" but I would
say "less fairness in capitalism."

Hmm, maybe.

But, when it comes to your warning I agree. It is an interesting question
how we can educate people in the blessings of capitalism, so they do _not_
grow up into politicians who want to "fix" the market and by fixing it,
they destroy it.

>
All we can do is to make it work by example.
--scott

That is very much true! =)