I have nothing against capitalism: what we seem to have nowadays is Corruptism.
Corruptism is the collecting of wealth no matter who or what.
Need another dollar? Bribe a politician to make the laws favour corporations over people.
Need ANOTHER dollar? Cut wages and hours.
Need ANOTHER dollar? Layoffs.
It use to be that employers made, what, 400X what their employees made? Now an employee has to work 2-3 jobs just to live while the 'boss' feeds the pork to make ONE MORE DOLLAR!
A little more kindness would see us in a better world.
I'd like to see politicians start thinking of the people who voted for them.
Lets get back to basic Capitalism: Corruptism is not working.
(Score: 0) by Anonymous Coward on Thursday December 13 2018, @12:38PM
At the risk of sounding like the "but "real" communism has never been tried" crowd, that isn't a long term problem of capitalism. There will always be industries with large barriers to entry, even in the absence of regulatory barriers, that disallow perfect competition and only reach a local maximum.
The local maximum that priorities cost over service is a result of true consumer preferences. People may say that they value other things (e.g. good customer service, US production, ability to repair, reliability, etc.), but if they don't care enough to pay for those features then they've shown their true preference. That's part of the reason why everyone says they don't like WalMart, but are still willing to buy an imported American flag from there just to save a dollar.