No no. Capitalism can totally work without a permanent under class.... Everyone can be a millionaire and capitalism can still function!
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Replying to @RationalDis @ademotivator
and there's no bust cycles (unless socialists ruin it) only booms. and there's no min wage so everyone makes 50 bucks an hour.
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Alrighty. As someone who's been "poor" (read: poor) I have an assumption. You've never gone hungry, had heat/electricity cut off, ect?
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Yeah, wages were great during the 20s-40s. The prosperity of the 40+ had nothing to do with The New Deal(socialism)pic.twitter.com/hoa91QNHc4
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So your agreement is that there wasn't enough socialism to regulate the free market; that was failing because the Fed didn't regulate them?
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Yes I would agree. As we have seen through American history. When markets are free they destroy themselves
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