Howard Dean Says Capitalism Is Failing

[kpete]

Said Dean:

“Actually, capitalism works pretty well–until it doesn’t. Capitalism in this country is going to fail if there’s not a significant, substantial number of people who believe that capitalism works for them and people are beginning to doubt around the world and in this country whether capitalism works for them.”

“I believe in capitalism. Capitalism has built this country but if enough people don’t benefit from the economic system we have, then the system will be discarded–whether we like it or not,” he continued. “Everybody wants the fewest rules possible and if you get rid of the rules, you end up suffering. Everybody ends up suffering. Even those at the top end up suffering.”

more:
http://observer.com/2015/04/howard-dean-people-are-doubting-capitalism-works-for-them/#ixzz3Xb6fHCX3%20
http://politicalwire.com/2015/04/17/dean-says-capitalism-is-failing/


The U.S. Is Becoming an Oligarchy
Gary Hart:

“Our Founders created a republic and, being keen students of the history of republics beginning with Athens, they knew that placing special and narrow interests ahead of the common good and the commonwealth was the corruption that destroyed republics. They feared this kind of corruption as the greatest danger to America’s success and survival.”

“By this standard, today’s American Republic is massively corrupt. Every interest group in our nation has staff lobbyists and hires lobbying firms. Thousands of lobbying firms now penetrate the halls of Congress as well as all State capitols and city halls. Those same lobbying firms collect funds for election and re-election campaigns. In exchange, they have access to legislatures and administrations, those who write the laws and make the regulations.”

“If the national presidency were to pass back and forth between two or three families in any Latin American nation we would call it an oligarchy.”

http://politicalwire.com/2015/04/17/the-u-s-is-becoming-an-oligarchy/


:large
https://twitter.com/thereaIbanksy/status/588870480876023808

[Scootaloo]

1. it's the "until it doesn't" part that gets you

And sorry, Gov. dean, it's not a matter of faith but of function. By design capitalism strip the wealth from the many and concentrates it in the hands of the few. Who eventually find that their own wealth is dependent on the people they have been exploiting, and cannot be maintained in the face of sweeping poverty; no money means no markets means no profits means financial collapse.

[F4lconF16]

2. Bingo.

http://marxisttheory.org/boom-and-bust-and-the-limits-of-capitalism/

http://newsjunkiepost.com/2010/08/02/free-market-capitalism-a-bipolar-vicious-cycle-of-boom-and-bust/

It's inevitable. The good news is that with every crash there is a chance for radical action.

[sendero]

3. It's failing because it has...

... become crony-capitalism, our government, BOTH PARTIES, has been co-opted by monied interests.