2016 Postmortem
In reply to the discussion: How Bernie's campaign contributed to Trump's win. [View all]Red Oak
(699 posts)We are brainwashed in this country to think capitalism is the be all end all, but yet we suffer fro the problems that capitalism creates.
Capital seeks the lowest wages for labor, capital seeks the fewest regulations to get the job done. Capital doesn't want to fund a safety net for people. Capitalism doesn't give a damn about a given country or people. All capitalism wants is your labor and resources for the least amount of money and with the least interference from a local government.
Within the USA I see it as a battle between capitalism and nationalism. Capitalism takes care of those with capital while nationalism should take care of the nation. One would think politicians are nationalists given their job, but in the USA they are bought and paid for capitalists, the nation be damned.
For the past forty years or so the USA has been on the side of the international capitalists, with great results for the third world. Global poverty has gone way down and there are middle classes now formed in China and to a lesser degree India and elsewhere that were not there before. This is a good thing. However, nationally, this capitalistic policy has decimated the US middle class as capital races to cheap labor with factories and even other non-manufacturing jobs (software development, call centers, etc.) moving elsewhere to chase cheap labor. Huge negative issues for the US and our people. The middle class is hurting and gives rise to Trump. (Very similar to some of the conditions that gave rise to Hitler e.g. a depressed people voting for someone that says he will save them.)
What we need to do is strike a much better balance. Pure capitalism will rape a country and its people. Regulated capitalism won't. We need to understand that it is OK, despite what the Wall Street types say, to regulate capitalism.
We can regulate capitalism in the USA with managed trade balances, strong anti-trust protections, support of workers unions, strong safety nets for retirement, health and education. These are the regulations that make capitalism work within a nation to the benefit of the people and not just the capitalists.
We should re-focus on these common Democratic themes, explain them to the people and we would win elections.