GOP Rep. Nicole Malliotakis called Democrat Reps. Ilhan Omar and Pramila Jayapal "anti-American" following their undisclosed trip to the island nation.
I’ve been to Cuba. It’s exactly what you’d expect from the wonders of communism. Extreme poverty everywhere. The leaders are wealthy and everyone else is poor.
What really matters is political representation, not so much the system of economic distribution. The former determines the latter in both capitalism and socialism, after all.
I didn't say the economic system wasn't important; rather, that political representation matters more.
You'd never know it, but socialism rarely fails on its own (It can and does, though. Don't intentionally misinterpret me on this point). Matter of fact, isn't there still a 60+ year embargo against Cuba? And for what? Castro died several years ago.
Latin America is the region of open veins. Everything, from the discovery until our times, has always been transmuted into European-- or later United States-- capital, and such has accumulated in distant centers of power. Everything: the soil, its fruits and its mineral-rich depths, the people and their capacity to work and to consume, natural resources and human resources. Production methods and class structure have been successively determined from outside for each area by meshing it into the universal gearbox of capitalism.
That's the relationship between capitalism and socialism, and has been since its inception.
That's true, and there's a pretty good reason for that: the obscene wealth of the richest in the U.S. The richest in Sweden don't have anywhere near $100 billion in net worth, or even $50 billion.
Wealth is irrelevant since we don't tax wealth. Elon could be broke overnight if Tesla fails. Sweden has billionaires as well. The man who started Ikea was one of the richest men in the world. If Amazon went BK, Bezos would be broke. That is the issue with all your wealth in a single asset of stock. If you don't like their wealth, we can't tax it since that is unconstitutional; just don't buy their products or stock. Encourage your retirement fund not to buy their stock.
If Bezos went BK, Do you think we should give a refund when his stock goes down in value? Or should be continue to tax it when it's converted to income like we have always done.
Wealth is always revelant. If the rich hoarding all the wealth, then the rest of us starve/become homeless/lose our possessions/etc.
If Bezos went BK, Do you think we should give a refund when his stock goes down in value?
Stocks should exist in the first place. They only serve to distribute wealth to the rich, and to those who spend their lives making speculative investments (ie producing nothing of value, and siphoning wealth from the economy).