Tag Archives: American Capitalism

The Bitchy Pundit: ‘Bernie Sanders is Rich’

Source:The New Democrat From The Bitchy Pundit “I’m going to veer off course for a minute to say that I don’t believe that any society should allow billionaires to happen. Billionaires are toxic to a society because they can’t spend … Continue reading

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The Daily Beast: Opinion- Michael Tomasky: ‘A 70% Percent Tax Rate Isn’t Radical- Alexandria O. Cortez Has It Just Right’

Source:The New Democrat What Michael Tomasky failed to mention here ( and perhaps intentionally ) is that back in the 1950s and 70s when we had high tax rates of 70 and 91%, no one especially the rich were actually … Continue reading

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The Real News: Paul Jay Interviewing Peter Kuznick- Undoing The New Deal: FDR Created A Social Safety Net, Not Socialism

Source: This piece was originally posted at The New Democrat I actually agree with Paul Jay on something here. ( For a change ) President Franklin Roosevelt, his Administration and Congress, didn’t create a socialist economic system in America for … Continue reading

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TruthOut: Richard Wolff- Varney & Company: Richard Wolff Debates Stuart Varney on Socialism

Source: This piece was originally posted at The New Democrat If Richard Wolff was truly an Marxist he would be calling for the elimination of private wealth and ownership all together. Since Communists at least in the Marxist and Leninist … Continue reading

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Paul Krugman: ‘New Deal Created the Middle Class’: Not So Fast

Source: This piece was originally posted at The New Democrat: Paul Krugman:’New Deal Created the Middle Class’: Not So Fast Government, doesn’t create economic classes. They can assist people to do better. Which is where things like education, infrastructure, a … Continue reading

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The Nation: The Almanac- Richard Kreitner: FDR Signs The Emergency Act, Launching The New Deal: March 9, 1933

Source:The New Democrat Plus If you think President Barack Obama had it tough when he became President of the United States back in 2009, imagine being President Franklin Roosevelt when he became President in 1933. A country where the economy … Continue reading

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AlterNet: Opinion- Robert Reich- “American Capitalism is in Crisis”: Liberal Capitalism vs. Social Capitalism

Source: This piece was originally posted at The New Democrat) There are a lot of so-called Progressives in America who are really are what would be called Social Democrats or Socialists in Canada or Europe that argue that “Canada and Europe … Continue reading

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Thom Hartmann: Dr. Ravi Batra- A Revolution is Coming!

  Source: This piece was originally posted at The New Democrat I watched about seventeen-minutes of this video and didn’t hear a damn thing about any revolution.  Actually seventeen minutes before I started writing about this video and continued to watch … Continue reading

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The New York Times: Opinion: Thomas Edsall: Is The Safety Net Just Masking Tape?: Economic Power vs. The Welfare State

The New York Times: Opinion: Thomas Edsall: Is the Safety Net Just Masking Tape? This post was originally posted at The New Democrat on Blogger I’ve been looking for a new term or phrase that could describe an economic agenda … Continue reading

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The Globalist: Opinion- Bill Hunphrey- “The Problem With Billionaires”: Why Tax and Spend Doesn’t Work

Source: This piece was originally posted at The New Democrat This idea that what America needs to do is just tax the hell out of millionaires and billionaires and use that money to spend more on War on Poverty programs to … Continue reading

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