“Socialism is best defined in contrast with capitalism ... and as a proposal for overcoming and replacing it.” 10/30
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2) If someone tries and begins to succeed, usually litigation occurs. Large corporate entities laid out big sums to win that tournament and want to keep that trophy - or, more accurately, ALL the trophies. 19/30
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Theodore Roosevelt - a Republican President who was a progressive - fought against the “few” hoarding all the wealth. When capitalism plays out, it results in monopoly - one in the hands of a few. 20/30
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People are better off if they - through the government - own and run large systems, versus that handful of people who won the Capitalism Tournament. Corporations - ultimately - are pieces of paper. In the USA their stock can be purchased by anyone. 21/30
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People are better off if they - through the government - own and run large systems, versus that handful of people who won the Capitalism Tournament. Corporations - ultimately - are pieces of paper. In the USA their stock can be purchased by anyone. 21/30
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Once those shares go “public,” anyone, including foreign individuals, corporations or governments, can buy those shares. 23/30
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People, such as Mr Bales, who are scared of “Socialism” apparently have neglected to study U.S. history of around 1900 and how corporations had little kids working 12-hour days in factories. 24/30
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There is little recourse against a large corporation for its actions. Think of the oil spill in the Gulf of Mexico in April, 2010. BP paid a big fine. 25/30
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Few Americans remember the 1984 Bhopal, India, gas leak from a Union Carbide plant that killed 2,259 people immediately and, eventually some estimate, over 20,000. In the years following, kids whose parents lived near the plant were born with birth defects. 26/30
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The CEO of Union Carbide’s operation in India skipped his bail of $2,000 and fled to his home here in the U.S. 27/30
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Corporations have no brains. There is a fiduciary duty owed by corporate managers to shareholders to obtain profits. If a corporation cuts corners - as Indian authorities said was the case in Bhopal - more profit accrues. 28/30
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Mr Bales should study history, particularly how corporations have not been friends to anyone but shareholders. 29/30
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I am a candidate in the May 5 primary for Indiana’s 5th Congressional District. I’m running in the GOP primary. Unlike Mr Bales, I advocate principles of the Grand Old Party - “GOP” - of Theodore Roosevelt 30/30
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