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retirement crisis in america
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<blockquote data-quote="rickyb" data-source="post: 1487746" data-attributes="member: 56035"><p>knowing how to invest and knowing whats in workers best interests are 2 separate things.</p><p></p><p>where do you get your news from?</p><p></p><p> congrats on your success with small businesses and your steady marriage. more capitalist small businesses fail than worker cooperative small business (because the workers are actually interested in making their businesses work well rather than in capitalism just being paid an hourly wage to do a job which they dont really care about) , but both are difficult.</p><p></p><p>i think america really shifted in the 1970s when it went from an empire of production to an empire of consumption. plus the real wage stopped rising after 150 years of workers being able to buy more and more each year. when reagan took office you had the full blown corporate offensive in response to the social unrest of the 1960s and 70s; and government stopping planning for the common man's future.</p><p></p><p>if you think the american economy hasnt changed, then take a look at detroit, baltimore, camden NJ. these cities are totally deindustrialized. alot of whats grown is wall street and speculation.</p><p>look at the loss of civil liberties. surely you didnt miss the snowden story where it was revealled that americans are the most spied on population in the world worse than east germany.</p><p>it has the worst inequality now. crumbling infrastructure. a loss of trust in government.</p><p></p><p>these are long term trends and it points to a systemic problem in the capitalist economy. i think social unrest will be coming back to america in one way or another and i hope its not fascism. the corporate totalitarianism is bad enough.</p></blockquote><p></p>
[QUOTE="rickyb, post: 1487746, member: 56035"] knowing how to invest and knowing whats in workers best interests are 2 separate things. where do you get your news from? congrats on your success with small businesses and your steady marriage. more capitalist small businesses fail than worker cooperative small business (because the workers are actually interested in making their businesses work well rather than in capitalism just being paid an hourly wage to do a job which they dont really care about) , but both are difficult. i think america really shifted in the 1970s when it went from an empire of production to an empire of consumption. plus the real wage stopped rising after 150 years of workers being able to buy more and more each year. when reagan took office you had the full blown corporate offensive in response to the social unrest of the 1960s and 70s; and government stopping planning for the common man's future. if you think the american economy hasnt changed, then take a look at detroit, baltimore, camden NJ. these cities are totally deindustrialized. alot of whats grown is wall street and speculation. look at the loss of civil liberties. surely you didnt miss the snowden story where it was revealled that americans are the most spied on population in the world worse than east germany. it has the worst inequality now. crumbling infrastructure. a loss of trust in government. these are long term trends and it points to a systemic problem in the capitalist economy. i think social unrest will be coming back to america in one way or another and i hope its not fascism. the corporate totalitarianism is bad enough. [/QUOTE]
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