Capitalism

Ayn Rand: Will she ever get one right?

The Ayn Rand fraud philosophy of "I got mine" exemplified with all  the hypocritical bells and whistles of feeding at the collectivist government trough:

Ayn Rand Railed Against Government Benefits, But Grabbed Social Security and Medicare When She Needed Them

At least she put up a fight before succumbing to the imperatives of the real world.

Not that her ideas ever proved to be correct in the real world, even when you try to take her novel words seriously:

The Way the World Works

By Numerian
Chances are if you are a typical American consumer you have purchased something made by Foxconn Technology Group. This giant Taiwanese-owned company is under contract to make Sony’s Playstation, the Xbox 360, the Wii, motherboards for Intel, routers for Cisco, and Apple’s iPhone, iPod, and iPad. As profitable as Foxconn is, it is in a fundamental sense a failure of capitalism. At a time when machine tools and robotics are available to make these products at high speeds, Foxconn uses manual labor to craft tens of thousands of electronic devices each hour, 24 hours a day. (Image)

To accomplish this, Foxconn employs over 800,000 workers in mainland China alone, and 420,000 of them at a massive “campus” in Shenzen. The workers in Shenzen are required to live on campus in dormitories with bunk beds, cafeterias, a medical unit, and a few recreational facilities. The overwhelming number of them range in age from 18 to 24, have moved to Shenzen from rural villages with no job opportunities, work six days a week at the factory for 10 hours a day including overtime, and make about $130 a month.

Right Wing Revisionist Capitalism

Capitalism and the free market as envisioned by Adam Smith - the father of Capitalism (OR the founder of free market economics) - understood that profit at any cost was not the answer:

Would Smith have stood with America's captains of industry in opposition to the National Labor Relations Act of 1935, which workers the right to form unions, engage in collective bargaining, and to strike? Not likely:

BilionairesForWealth: the AHIP Singers and a Song of Freedom

Bumped and Promoted. Originally posted 2009-10-23 20:14:57 -0400. It seems that both Carol and CTMan also found this (or a very similar) video, too. -- GH

"...one of these mornings you're gonna rise up singing..."

One of the cooler expressions of guerrilla theater that I can recall!

 

 

AHIP is the powerful insurance lobby that spends 5 million dollars a week trying to kill health care reform. Billionaires for Wealthcare is a grassroots network looking to stop them - with song.

• AHIP and other insurance and HMO interests spend nearly $5 million per week undermining real health care reform, including a public option.

• AHIP has resorted to out-right lying and scare tactics to block health care reform. They sent letters that lie to seniors about what health care reform means for Medicare, and they issued a report on the costs of health care reform legislation that is so misleading even the reports embarrassed authors distanced themselves from the way AHIP used their work.

• Every year, 45,000 people die because they cant get access to the health care they need. Yet AHIP continues to stand in the way of health care reform that would provide coverage to millions of Americans because the industry is more concerned with protecting profits than saving lives.

Lyrics to "Public Option Annie"

This Is Your Community Too!!

Bumped and promoted. Originally posted 2009-03-21 06:56:35 -0500. -- GH

Is Anybody Listening?

Many have already heard about the kids from Pomona California Village Academy High School, many have probably caught their little eight minute video that has launched them into the National Spotlight and Political Debate on what this Country is now going through. But this isn't new it's just affecting many more kids and families now, with more added each day. Kids can't learn and achieve any dreams they might have if their families are struggling and their living those struggles daily.

Last night on the PBS News Hour they showed a report on these kids and their videoed thoughts and feelings, that report is directly below.

Conservative Catharsis: Blame Deregulation and Privatization

George W Bush broke the world. It was pretty fucked up to begin with, after years of laissez-faire economics practiced by all American presidents since FDR, but much more so since Reagan. The conservative philosophy was corrupted by deregulators who's belief in the free market completely left out the fact that most people are greedy bastards who will steal everything that's not tied down.

"Spreading The Wealth"!! That's How This Country Grew!!!!

 

I was born in '48 and grew up in the time after WWII and the rapid growth of not only a Great Economic Expansion but the Envy of the World to the American Worker and our Products and Services. We had the power and wealth hungry who tried to suppress but we also had intelligent business minds and workers willing to fight that brought about growing wages, safety in the work place, respect for the worker, and so much more, which gave respect and expansion to not only the employer but the companies, The company owners, the executives, the worker, and for those public companies shareholders were all reaping the rewards of that wealth sharing, that's what built the strong and ever expanding middle class and helped some break out of that and join the upper crust of the wealthy. It was the Only Successful way a true capitalist society that can achieve and expand further. Decent expanding wages for a workers hard work and company dedication gives them the ability to purchase goods and services which in turn gives growth and prosperity to other companies and workers.
This is what this writer is pointing out, as others do

Actually, it has been part of the American economic system since its founding

What is the present day GOP trying to sell everyone with statements like this: "You can spread butter on toast, we can share the love, but we are not going to share the wealth," said the Republican gubernatorial candidate. And why are so many buying this crap?

What's Coming Next, or Is Collapse Over, Nope!

I'm not an economist and the only real numbers I crunch are my personal expenses and when bidding construction jobs putting together those costs and percentages which in these latter years of my life, preferring more to do the work, I have done very little of, except while doing the work to bring a better quality for hopefully a bit cheaper cost in material and professional skill.

Watching what is now taking place in banking and the dream new capitalist economy that's been sold for a number of years isn't really a big surprise to this common man, many were forecasting exactly what would happen if we followed the sales pitch.

Following is a report from CBS that hits on the next shoe to drop or dropping already as we've seen with the collapse of a number of finance institutions but not yet talked about but part of what we the tax payers are already bailing out.

Edwards aims to "Reverse the War On Work"

John Edwards is still focusing on Issues that matter to Working Families!

like the Economy ... like Taxes.


All the while the GOP continues to "debate" that "only MORE Corporate Tax Cuts will create Jobs and keep the Economy strong!"


Hmmm ... Where are all those Jobs, by the way?

Billions in Tax give aways to the Rich, for the last 5+ years, only seem to have strengthen the Rich, it seems to me.

Mike says: " "It's the War," Says Iowa to Hillary "

And adds -- And a "Happy Blue Year" To All!

Michael Moore has it partly right, a Big Part, for the Failed Foreign Policies, The War in Iraq and on Terrorism, of this Incompetant, Corrupt Administration will be defining what this Country faces for Decades!

We have Set In Stone, what many in the World, had already thought about Us. And in doing so have Created even More Hatreds, towards the Country, but even more Damaging, towards Us the Citizens Of!