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[–] Gadsden 0 points 4 points 4 points (+4|-0) ago
How would they know? They've never experienced capitalism, just cronyism and socialism.
[–] piv0t 0 points 1 point 1 point (+1|-0) ago
You misspelled oligarchy
[–] cynoclast [S] 3 points -1 points 2 points (+2|-3) ago
Cronyism is the natural outcome of capitalism, as intended.
[–] Gadsden 2 points 1 point 3 points (+3|-2) ago
No, cronyism is the natural outcome of government. All economies have poor and rich [who are cronies with gov't officials]. Show me a single nation where the gov't elite don't live in palaces.
[–] BoiseNTheHood 2 points 1 point 3 points (+3|-2) ago
For a system that's supposed to "soak the rich," the rich sure do love them some socialism. No wonder the Soviet Union, China, Cuba, and Venezuela - among others - have had such massive inequality. Socialism is great for the elites and well-connected and terrible for the average person.
[–] cynoclast [S] 2 points 1 point 3 points (+3|-2) ago
The exact same thing could be said of capitalism, with America, Canada, and the UK as examples.
[–] BoiseNTheHood 3 points -1 points 2 points (+2|-3) ago
Those are crony-socialist countries.
[–] Amateur_Wizard ago
The rich just shouldn't be able to hold onto billions of dollars and have it stagnate.
It should be illegal to accrue massive amounts of wealth and not do anything with it.
NEGATIVE INTEREST RATES !
[–] schwanstucker 2 points 0 points 2 points (+2|-2) ago
Capitalism is working fine, if you're working for them in the upper echelon. Not so fine if you actually produce things.
[–] Spear1000 1 point -1 points 0 points (+0|-1) ago
It's working great you're just a spoiled bitch. Capitalism has taken us from mud huts to our poor having iPhones with zero chance of starvation. Keep complaining.
[–] cynoclast [S] ago
No that was poor, hard working immigrants that you're thinking of. Specifically, the Irish, Chinese, and Dutch.
Having money doesn't make the world better. Doing work does.
[–] Spear1000 1 point 0 points 1 point (+1|-1) ago
For the uninformed, they are questioning the fundamentals in the markets (commodity prices, demand, etc..) and then the writer and op (probably a detached from reality sanders sjw fanboy) boiled it down into a headline that makes it appear as if Goldman Sachs is questioning capitalism, which it isn't.
[–] goodluvin ago
You have to build in market saturation into the equation.
Growth is not infinite.
[–] wilwilwesly 4 points -1 points 3 points (+3|-4) ago
They are just now discovering the immense wastefulness and irrationality of the Capitalist free-market. Took them long enough.