Wednesday, October 26, 2011
Wednesday, October 12, 2011
CAPITALISM'S IMPOVERISHED SENIORS
Details like this tell the whole story of the failure of capitalism to supply enough good paying jobs so that all Americans can retire with dignity. You might be able to blame some of the seniors for their own poverty, but you cannot blame 25% of them for their current situations. Capitalism thrives on the poor. Capitalism rewards the rich few because it impoverishes a very large number of the rest of us. A strong middle class requires that everyone is middle class as far as earnings go.
Details like this tell the whole story of the failure of capitalism to supply enough good paying jobs so that all Americans can retire with dignity. You might be able to blame some of the seniors for their own poverty, but you cannot blame 25% of them for their current situations. Capitalism thrives on the poor. Capitalism rewards the rich few because it impoverishes a very large number of the rest of us. A strong middle class requires that everyone is middle class as far as earnings go.
Sunday, October 09, 2011
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