No it’s not. Nothing I said is that, at all.
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American capitalism has raised 100's of millions out of abject poverty. Its the most compassionate economic system in human history. We have enough wealth that we voluntarily give more to charity than any other country.
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Actually we do not. We give only .06% of our discretionary funding to humanitarian issues, far less than every other advanced democratic country. Capitalism has done a lot of good, it’s true, but it’s shadow side has done a lot of harm as well. Time to restore its conscience.
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First line in econ book: “the primary objective of a business is to maximize profit” Amorality as a core value system. Cannot continue. Cannot, must not.
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Even Adam Smith said “free market capitalism cannot survive outside an ethical context.” Since the 1980’s, trickle down economics has disconnected capitalism from any sense of moral or ethical responsibility. It has corrupted our democracy; it’s time to choose another way.
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And the alternative to capitalism? Pestilence and poverty. Look around you.
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I’m not an anti-capitalist. I think the most enlightened societies have elements of capitalism and socialism. In social democracies it’s both/and. The free market is good; it’s just that not enough people in America can get into it now! To tens of millions of people it’s not free
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Is it possible to nationalize compassion? If so, how can we do it without sacrificing an individual liberty?
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No, of course not. Compassion comes from the individual, not a collective.
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Godspeed to the moral revolution.
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