- Joined
- May 26, 2024
- Messages
- 663
- Points
- 43
-
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
Cannibalism in China: Guangxi Massacre, When Mao’s Red Guard Banqueted On Human Meat
- Thread starter Les grossman
- Start date
- Joined
- Sep 13, 2023
- Messages
- 1,708
- Points
- 83
Communism has failed to generate wealth because of its economic efficiency. Whatever wealth it did generate went straight to the top echelon of the party.
Capitalism has generated great wealth, but is subject and has been subjected to rich, powerful entities (individuals or corporations) cornering the market, resulting in monopoly and concentration of wealth in the hands of a few (multi-billionaires, MNCs), who then use their power and wealth to manipulate global trading and economic policies in their favour. These MNCs are now supra-national entities beyond the reach of any individual country's laws.
Both the above systems are subject to the tyranny of the power elite.
What we need is a free enterprise system, with a free flow of information to correctly register market signals, low entry levels to the masses, fair corporate taxation, and strict laws forbidding the formation of monopolies and political lobbying by big corporations.
Capitalism has generated great wealth, but is subject and has been subjected to rich, powerful entities (individuals or corporations) cornering the market, resulting in monopoly and concentration of wealth in the hands of a few (multi-billionaires, MNCs), who then use their power and wealth to manipulate global trading and economic policies in their favour. These MNCs are now supra-national entities beyond the reach of any individual country's laws.
Both the above systems are subject to the tyranny of the power elite.
What we need is a free enterprise system, with a free flow of information to correctly register market signals, low entry levels to the masses, fair corporate taxation, and strict laws forbidding the formation of monopolies and political lobbying by big corporations.
Similar threads
