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yes, because if only we would set the corporations free from the tyranny and let them do as they please then they would turn this economy around by slashing wages and benefits, cutting as many jobs as physically possible, shutting down every small business and establishing monopolies and then raising their prices to the breaking point.
the only way capitalism works is if a handful of small, wealthy families seize control of all the wealth and means of production and work their employees 80+ hours a week for $0.10 an hour and charge $50 a gallon for gas. the government just needs to butt out and let businesses succeed.
the only way capitalism works is if a handful of small, wealthy families seize control of all the wealth and means of production and work their employees 80+ hours a week for $0.10 an hour and charge $50 a gallon for gas. the government just needs to butt out and let businesses succeed.
If I may touch on one point you made:
"raising their prices to the breaking point. " "work their employees 80+ hours a week for $0.10 an hour"
If people have no money to spend, how can companies sell goods with prices at this "breaking point?" This utterly false idea of capitalism you're describing could never exist because corporations can't exist without profits and no one would be able to buy anything with 10 cents an hour. Corporations would naturally naturally lower their prices to encourage more people to buy, and would increase wages for workers to attract the best and brightest in their field and put their competition out of business. How can the max prices min wages economy you're describing possibly exist? (except of course through the use of force, which would not be capitalism.)
"raising their prices to the breaking point. " "work their employees 80+ hours a week for $0.10 an hour"
If people have no money to spend, how can companies sell goods with prices at this "breaking point?" This utterly false idea of capitalism you're describing could never exist because corporations can't exist without profits and no one would be able to buy anything with 10 cents an hour. Corporations would naturally naturally lower their prices to encourage more people to buy, and would increase wages for workers to attract the best and brightest in their field and put their competition out of business. How can the max prices min wages economy you're describing possibly exist? (except of course through the use of force, which would not be capitalism.)