Yeeeaaahhhh.... Our "socialized" economy is responsible for the top 1% of the American population having 90% of the wealth...
That's "real" socialism - NOT!!
Actually, that's a capitalist's dream world... $$
A fascinating interview conducted by Mike Wallace in 1958
by Terry 21 Replies latest jw friends
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scotoma
Ziddina: I agree.
Conservatives love to talk about the failure of socialism and communism. They claim it has been tried by the Soviet Union and failed. It appears every economic system fails with the Russians.
It is laughable to hear Adler qualify Capitalism everytime he uses the word.
ADLER: I would say capitalism as it does not exist and it never existed so far.
Eventually the kind of capitalism I'm talking about would gradually liquidate all labor unions. Labor unions were necessary only when capitalism was in its primitive condition. Labor had to fight for some conditions of life. In a good society you wouldn't have labor unions.
I'd rather call the wrong-minded laissez-faire capitalism, of the 19th Century.
WALLACE: Well, you claim to be a champion of capitalism and free enterprise.
ADLER: Capitalism as it has never existed yet.ADLER: No, I... I've thought about this particular question. You heard me say three or four times that capitalism must not be confused with laissez-faire.
ADLER:The government should not be engaged in the production of wealth or the distribution of wealth, but should regulate in terms of principles of justice, the ownership, production and distribution of wealth. Secondly, government regulation can either produce socialism or capitalism. And I say if in the transition, see, I'm talking about revolutionary transition... if in the transition towards capitalism, towards the kind of capitalism I'm talking about.
This is what I mean by "kissing the establishment ass". He pays lip service to a capitalism that he knows doesn't exist.