Since Janna she dislikes American capitalism so much, I asked her what other economic system would she prefer to live under...and why? Given that this is an important post for others to learn from ... to hear the views of someone who dislikes American capitalism so much...I thought I'd elevate this to a main thread. Janna...we're eager to here your views!
Here is her original post below...
Posted by Janna, a resident of Dublin, on Jul 22, 2010 at 1:13 pm
Janna is a member (registered user) of Pleasanton Weekly
Part of the free market is that someone will always be on the bottom. I guess it only depends who that is as to whether or not you'll feel outraged about it. The free market is based on business decisions and what's best for the business which is why CEOs have zero qualms about laying off thousands of people in the name of business. How again do the dems want to kill the economy?
Whether you want to accept it for not, no one is living great on unemployment and they certainly aren't saving that money, hence stimulating the economy. Now, would the economy be better stimulated if all those corporations that laid people off in the name of bigger bonuses for themselves rehired these people? Of course, but that won't happen since greed is their religion and they've already shipped most of those jobs overseas.
The free market puts the debts squarely on those who can least afford it and the profits into the hands of the 1%.