How 1% population exploits 99% population

[shastarSingh]

Richard Wolff is a shining light in the dark. Please listen to his views at the below link of his you tube channel 

https://www.youtube.com/user/democracyatwrk

[shastarSingh]

Capitalism is reorganized slavery and feudalism.

 

 

[shastarSingh]

Economic inequality in capitalist America (How 1% population exploits 99% population)

 

[puzzled]

elite have been ruling over the rest of us for 1000s yrs.  i reckon all these royal bloodlines come from the same people and are all related. 

[shastarSingh]

Communism is good in theory but has practically failed.

On the other hand capitalism has failed too.

Humans need to find a new system somewhere between communism and capitalism. 

[Not2Cool2Argue]

On 10/2/2019 at 11:33 PM, shastarSingh said:

Communism is good in theory but has practically failed.

On the other hand capitalism has failed too.

Humans need to find a new system somewhere between communism and capitalism. 

What about social democracy like that practiced in Scandinavian countries (Norway, Sweden) etc 

A system that is capitalistic in business but has welfare programs that take care of all. Like free healthcare, education, unemployment benefits and High tax rate on the wealthy?

[shastarSingh]

6 hours ago, Not2Cool2Argue said:

What about social democracy like that practiced in Scandinavian countries (Norway, Sweden) etc 

A system that is capitalistic in business but has welfare programs that take care of all. Like free healthcare, education, unemployment benefits and High tax rate on the wealthy?

Karl Marx gave a beautiful idea of having democracy in the economic sector.

Instead of board of governors consisting of a few people, the entire work force gets a vote in the decision making activities.

Many people confuse Marxism and communism.

Karl Marx never said that private sector shud be abolished. He wanted to have democracy in the economic domain.

[shastarSingh]

Another thing that shud be done is to have an upper limit on the earnings of the employer. For example the employer can only earn atmost ten times the salary of the lowest paid employee.

[shastarSingh]

Capitalism creates way too much economic inequality. 

If u take the wealth of the 61 most rich people on earth, u can properly give 3.5 billion people good life, shelter food and clothes. 

[jkvlondon]

2 hours ago, shastarSingh said:

Karl Marx gave a beautiful idea of having democracy in the economic sector.

Instead of board of governors consisting of a few people, the entire work force gets a vote in the decision making activities.

Many people confuse Marxism and communism.

Karl Marx never said that private sector shud be abolished. He wanted to have democracy in the economic domain.

marxism is responsible for deaths of 100 of millions on this planet it is just a system to set up the world for elites to rule over . Ever read the history of the russian and chinese revolutions ?

you can see the more equal than some in both countries, all systems capitalism, marxism  and comunism are utterly flawed and destructive . Anarchism of Guru Sahiban is the true solution where we take only what is needed , after we have earnt it and sharing our resources with others so all are cared for, answering to no master class or false authority . The environment and animals are protected and cared for and peace and diplomacy is the main approach not imperialistic empire building.

athenian democracy relied on slavery to generating income so also not what we want .