Possibly your best ever retort.
We have recorded history and good data on centuries of industrial capitalism in Western Europe and the US. The only extended period of widely shared prosperity and industrial capitalism followed two world wars and the Great Depression, crises which ushered in unabashedly redistributionist policies. But things have been gradually moving back in the direction of typical and less equal during the past five decades as anything that smacks of redistribution is vilified.
Really? I think you may have been asleep.The only move has been to more and more government and regulations Doris
No one buys your bullshit
Well maybe Tequilla
Claiming the gilded age was the result of "unfettered capitalism" ignores all the monopolies or near monopolies granted by government to oil, banking, shipping, and rail during that same period. You know, all the industries that had vast inequalities.We have recorded history and good data on centuries of industrial capitalism in Western Europe and the US. The only extended period of widely shared prosperity and industrial capitalism followed two world wars and the Great Depression, crises which ushered in unabashedly redistributionist policies. But things have been gradually moving back in the direction of typical and less equal during the past five decades as anything that smacks of redistribution is vilified.
I know you gals get nostalgic for the 1950s—nostalgic at least for the way you picture the 1950s. But you want the policies of the 1870s. The natural state of industrial capitalism is not widely shared prosperity. Only morons and demagogues refer to progressive taxation as "punishment for success".
The gilded age is but a small segment of the history of industrial capitalism, which is itself older than the United States. I merely mention the 1870s because of Daddy's professed affection for the period, its tariffs and "prosperity".Claiming the gilded age was the result of "unfettered capitalism" ignores all the monopolies or near monopolies granted by government to oil, banking, shipping, and rail during that same period. You know, all the industries that had vast inequalities.We have recorded history and good data on centuries of industrial capitalism in Western Europe and the US. The only extended period of widely shared prosperity and industrial capitalism followed two world wars and the Great Depression, crises which ushered in unabashedly redistributionist policies. But things have been gradually moving back in the direction of typical and less equal during the past five decades as anything that smacks of redistribution is vilified.
I know you gals get nostalgic for the 1950s—nostalgic at least for the way you picture the 1950s. But you want the policies of the 1870s. The natural state of industrial capitalism is not widely shared prosperity. Only morons and demagogues refer to progressive taxation as "punishment for success".
Of course, we've been over this lie before.
Tldr you're either an imbecile or a liar. Abundance.
I think you're terminally stupidReally? I think you may have been asleep.The only move has been to more and more government and regulations Doris
No one buys your bullshit
Well maybe Tequilla
Race is Rip Van Winkle?
If you prefer the concentration of wealth, just keep doing what you're doing.H going full blown socialismo in an effort to keep up with the DNC is amusing.
We won the cold war H, and it wasn't because of redistribution.
There it is. Socialismo! Thanks for finally admitting it.If you prefer the concentration of wealth, just keep doing what you're doing.H going full blown socialismo in an effort to keep up with the DNC is amusing.
We won the cold war H, and it wasn't because of redistribution.
Don't wanna look socialist!
“It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.” —Adam Smith, famous socialist (apparently)
"When economic power became concentrated in a few hands, then political power flowed to those possessors and away from the citizens, ultimately resulting in an oligarchy or tyranny." — ("Comrade") https://quotlr.com/author/john-adams
"In every political society, parties are unavoidable. A difference of interests, real or supposed, is the most natural and fruitful source of them. The great object should be to combat the evil: 1. By establishing a political equality among all. 2. By withholding unnecessary opportunities from a few, to increase the inequality of property, by an immoderate, and especially an unmerited, accumulation of riches. 3. By the silent operation of laws, which, without violating the rights of property, reduce extreme wealth towards a state of mediocrity, and raise extreme indigence towards a state of comfort. 4. By abstaining from measures which operate differently on different interests, and particularly such as favor one interest at the expence of another. 5. By making one party a check on the other, so far as the existence of parties cannot be prevented, nor their views accommodated. If this is not the language of reason, it is that of republicanism."—James Madison, fucking radical socialist