What is Capitalism
- Thread starter Luxman
- Start date
gmase
Nattering Nabob of Negativism
Fortunately for shareholders **** did recover from CR-7’s June snub - reaching a 52-week high in mid-August. Who caused their share price to drop in September though?
Theopolis Q. Hossenffer
I lost my title in the Stock Market Crash.
Luxman I am sure you have heard my theory on this but for anyone else who might care I will repeat. I believe we in most of the world are returning to what I call the standard human condition. That is as follows, about 1-2 percent of the people being super rich(the Church, royalty, business magnates, etc.) followed by maybe 10-15% who will be what we now call middle class. Providing goods and services for the rich that they don't already have or just want. And all the rest, Dirt poor. Subsistence workers, no money no security, no real hope for any improvement in their lives. Look back throughout history and see. People get used to being downgraded and if manipulated correctly to believe there is a class struggle they will embrace it. As long as most people can be led to believe they are better than some other group of people then they will be content.
gmase
Nattering Nabob of Negativism
Ever wonder why the Glided Age (or the 1877-1920 period in general) is so overlooked in history studies? I believe if it was studied a bit more prominently, we would see the real effects of unrestrained capitalism.
Theopolis Q. Hossenffer
I lost my title in the Stock Market Crash.
Hence your mention of Teddy Roosevelt in a previous post. Eventually there will be a limit. But when and what is it. is it? When will we reach the point where conditions are beyond the worlds ability to stand.
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