That’s because today we actually are more socialist than capitalist. Unbridled capitalism looks more like Rockefeller in the gilded age and the vertical crushing of competition with standard oil and the monopolistic rail behavior. Company towns, children used to oil running machines. Etc. BTW rockefellers grandson is still on the Forbes worlds richest list. He’s old, 92 and his daughters when they inherit will likely remain on the list. The other 200 members of the “family” need to share a measly $9 billion. Not bad for something that’s near 100 years after the founders passing and he was ancient when he went 97 back in 30s
The Kennedys have been a dynasty in the U.S. For quite some time, granted they’ve even done some good but don’t gloss over how the original Joe got his money
Carnegie gave it all away, frankly, I think we’d probably be better off with a few more like him. The gilded age was actually good for American workers, our wages blew most of Europe out of the water. Don’t really want Pinkertons back or 70 hour work weeks but they were better than the seed like conditions in Europe.
I don’t mind people making money. I’d rather have Bill Gates deciding how to dispose of his wealth than our esteemed leaders in Sacramento appropriating it and deciding how to spend it.
I do think though in political speech, that we need to find a way to muzzle Bill, Warren, Broad, the Koch brothers at least down to parity with people. I also think we need to muzzle the unions to in the political realm. To me, a teachers union or AFL CIO spending millions is no different than the Kochs spending millions
Elon Musk is a good example, he made money with Zip2, but then he really made money when he learned to suck the government subsidizes. SpaceX, SolarCity and Tesla.
The primary problem socialism has was identified by Marx, the people. To me, LAUSD represents the end result. Until production advances to the point that a life a leisure can be available to all, commodity fetishism will continue to be a problem so we’re best off with bridled capitalism. In a society with so many externalized costs naked capitalism becomes just as problematic. Unless of course, you prefer a California with no pollution regulations.
