AZGrizFan wrote: ↑Sun Feb 21, 2021 7:37 pm
∞∞∞ wrote: ↑Sun Feb 21, 2021 7:26 pm
People in the energy sector, especially, should understand their jobs aren't forever.
Isn't that basically rule #1 the old timers tell the young guns?
It's so odd how capitalists don't understand how capitalism works in tandem with democracy. If we vote to implement green energy policies, it should be up to businesses to adjust and make money off the new policies. Some die trying, which means an inefficiency is removed. Capitalism isn't perfect, it often gets stuck in terms of social and economic progress, and it's society's obligation to use its power (aka. gov't) to get the train moving again.
Corporations should be serving the people's whims, but people are serving the corporate whims at this point.
Everybody gets that, junior. But you say all that like it was just invented in the last 25 years. THAT has been the way of the US and capitalism for oh, about 250 years.
It hasn't though. When corporations worked for the people (aka. more regulations and taxes), we had unmatched middle-class growth and prosperity. Pay, benefits, and stability were genuine things with more regulations. People could retire with one company, build a solid middle-class life, and even a pension retirement afterwards. Poverty was a thing of unemployment, not low-wages. And all of this never stifled innovation.
The two times we de-regulated corporate America and more-or-less had laissez faire capitalism, it eventually lead to a Great Depression and Great Recession, in addition to widening the social and economic gaps between rich and poor. There's also an argument quality of goods decreased.
I'll say this to anyone who listens, but free-market capitalists only have themselves to blame for younger people questioning the system. People work hard, they're not lazy or stupid, but what's the point if the system doesn't reward your efforts? Our society today - with capitalism - is facing the same general questions communism faces with regards to labor and effort. Government is how society fights back.