I would say that ultimately capitalism doesnt work as the primary - TopicsExpress



          

I would say that ultimately capitalism doesnt work as the primary driver of an economy. But I also say that we can have a better version of capitalism than we have right now (if we must have it at all.) Lots of regulation to keep wages for the working classes at a decent standard while not letting the bosses earn too much, minimising disparity and keeping stability and demand high, boosting trade and production and thus employment. Fair taxes, nationalised public services and a generous welfare state for those who cannot work (and/or universal basic income for all citizens) would also help with this. While I dont agree with the ultimate message of captialism works in this video, its still got a lot of interesting stats and analysis. Worth a watch, only 6 minutes long. https://youtube/watch?v=YOaJe68C-bU
Posted on: Sun, 18 Jan 2015 22:46:13 +0000

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