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americanspirit64 t1_iza5tee wrote

This is the end result of unregulated Capitalism. Without regulation nothing will change. The prices of housing it going to continue to rise, which means wages will rise as well, in direct opposition the Federal Reserve Banks, desire to lower wages in the misguided believe that inflation is caused by a shortage of low paying workers. We are at the highest employment rate in decades 3.5%. First raise the minimum wage to fifteen an hour. Then regulate utilities. Biden should have made it clear it railroads can't fix the problems and give sick days. The government will nationalize the railroads companies... F*ck Casino's. That isn't a economic plan its a lobbying issue.

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TNRAOIH t1_izbnvlc wrote

Our capitalism is regulated and it still sucks shit. Profit motive and hoarding of private property don’t go away with regulation

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americanspirit64 t1_izg66wr wrote

It is not regulated anywhere near where it was before Nixon, Regan. and Bill Clinton. Especially tax regulations on the rich, corporations and especially the banks.

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TNRAOIH t1_izgm7lc wrote

Agreed. And a system where the base is gluttonous exploitation that is marginally and temporarily tempered down based on how the leaders at the time feel isn’t a viable system anyways

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Charlesinrichmond t1_izcociw wrote

Capitalism is just a fancy name for humans being humans. And humans always have a tendency to be humans

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TNRAOIH t1_izd6iae wrote

You think all civilizations are naturally capitalistic due to human nature?

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Charlesinrichmond t1_izfeivw wrote

yes. These are all just tags we hang on human behavior.

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TNRAOIH t1_izfs9gt wrote

That’s interesting, I’ll have to read up on the capitalist economy of the Sioux prior to the expansion of colonial powers. Maybe there’s also some research on how the North Sentinel Islanders, currently untouched by modern global powers, independently developed their own capitalist economy.

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