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  • moses_on_wall_street moses_on_wall_street Jun 30, 2011 3:08 PM Flag

    Germany has a super strong middle class. A form of socialism that works.

    America doesn't use capitalism any longer and hasn't for quite some time.

    Instead, that which you've alluded to might better be labeled corporatocracy, which, in social theories that focus on conflicts and opposing interests within society, denotes a system of government that serves the interest of, and may be run by, corporations and involves ties between government and business. Where corporations, conglomerates, and/or government entities with private components, control the direction and governance of a country, including carrying out economic planning notwithstanding the 'free market' label..

    ....I suppose, then, that we ought to include another thought nugget with that one. The system we now operate under here in America is much more Marxist than free market/capitalistic and the direction of the slide is steadily continuing that way.

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