MILLENNIALS REJECT CAPITALISM SHOULD AMERICA DO THE SAME?

America is great in part because of capitalism. However, the Millennials reject the free enterprise system but offer nothing in it's place. Therefore, the government will fill that void.   Do you agree? 

Chalk it up to the dismal job public education does teaching young people about history, economics, and politics.

From The Washington Post:

In an apparent rejection of the basic principles of the U.S. economy, a new poll shows that most young people do not support capitalism.

The Harvard University survey, which polled young adults between ages 18 and 29, found that 51 percent of respondents do not support capitalism. Just 42 percent said they support it.

It isn’t clear that the young people in the poll would prefer some alternative system, though. Just 33 percent said they supported socialism. The survey had a margin of error of 2.4 percentage points.

The survey, however, is misleading. The United States economy is not capitalist in the true sense of the word.

Instead, it is a crony capitalist economic system dominated by large multinational corporations that buy politicians, establish monopolies, and rely on state intervention to eliminate competitors and gain special privileges in regard to regulation and taxation.

It may also be viewed as a corporatist system, a partnership between private corporations and the state. The father of modern fascism, Benito Mussolini, described fascism as a corporatist system.

True capitalism is based on laissez-faire economics, a free market, private enterprise and, contrary to the system in place today, a strict separation of state and business.

“A purely capitalist economy ought to have the following characteristics: private ownership of the means of production and capital; low levels of taxation and regulation; competition unfettered by subsidies, bailouts, and protectionism; and the free flow of goods, services, and capital both domestically and internationally,” writes Marian L. Tupy. “Lastly, and here the government does have a crucial role to play, a capitalist economy ought to have an independent and efficacious judiciary that protects life, liberty, and property, and punishes fraud and theft.”

Resource: http://www.infowars.com/millennials-reject-capitalism/

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Everyone wants to be wealthy but very few want to assume the risks that go with it.

Therefore, the Millennials think they have come up with the perfect solution: Redistribute the wealth of the rich thereby making everyone wealthy.


However, it will not be the wealth that is redistributed but the poverty. 

Socialism is the redistribution of poverty and nothing more! 

AMEN and they have been so brainwashed they do not see it.

Yes, I ounce  was young and gullible (AKA Stupid) but I grow up, hopefully Millennials will too. Frankly, I'm surprised we have 42 percent favorable of capitalism. Unless these Miils are going to government service they are going to have to get a job with one of these terrible capitalist. Any wrongs with capitalism can't be resolved by the government but by capitalism from the inside driven by public opinion. Capitalism ranks low on Americans concerns, lets move on.    

NUTS!!!

I'd say the majority of millennials are uneducated and don't know what their talking about. Hell no I don't agree. They've been brainwashed the last 8 years by the Obama anti-American establishment. Just like the devil can entice you into doing things that are good for you so he gets you in his trap and KILLS you!

Millennials do not know what capitalism is.     Jesse Watters interviewed college students and he asked someone with a business administration degree if she knew what capitalism was, she did not.   That is the problem.   This society is so twisted, that these kids won't know what it is until it is gone !  Its too bad we have to waste votes on them !

Amen!

American Capitalism, in its pure form, is the only economy that allows the American Dream. When it is corrupted by unscrupulous politicians and corporate pirates you end up with what we have today. Next time around, we have to place some safeguards. A Great place to begin would to disallow insider trading by Congressmen.

Socialism and Communism lead to poverty. If that's what you like, there are already a bunch of North Korea's you can move to.

Thank you for saying it so accurately Eric Sr.  The American dream is in theory attainable for "all people" at least willing to get up and "run their own race" so to speak. We now look at the dc regime, headed by their dictator oblamea!  What that means for people like us is that the dc regime is looking at all ways of keeping us from our goals in life. As in "you didn't build that", some Indonesian fraud con man puppet says so, just to further frustrate us on our efforts to attain the "American Dream."

There really is not only one definition for Capitalism. When it goes bad, they call it Raw Capitalism and it is difficult to bring it back to a stage where the common good for all in society can benefit.   We should be able to figure out many ways to develop the free enterprise system in many ways where something like this does not happen.

I grew up in a small family business and at age 15 or so, I knew about gross profit , net profit and operations costs. I found the two major problems were government and consumer expectations. There is human nature.  A close friend says it is only human nature to seek the lowest price without being concerned how the prices were arrived at.  Every product leaves a trail right back to our own front door. Free trade economics ignores this and seeks out the lowest price no matter what the consequences are up and down the line. 

As a young teenager, I found that a small business could best any larger business if there was fair trade without manipulations. There are laws on the books for fair trade but I really never saw these laws enforced.  In larger operations, the manipulation of values grows and grows. I experienced larger businesses with sufficient capital who sold under costs to capture market share. Once they capture a sufficient share and have taken out competitors, they have a better hold on the market to keep competitors out while raising markups at a good profit. They spend tons of  money on branding and advertising.  Other companies just make something  to grow the value of their stock. The manipulations are endless.

We now essentially have State Capitalism especially after Pres Obama had to bail out free trade economics by borrowing trillions of dollars from the future. In effect, we now are all wards of the State. It is a strange mix of Socialism and Capitalism with the State governing the flow of things. The worst scenario is when it becomes an endless ponzi scheme needing more and more bail outs.

Socialism never works because it is based on the State in full control of the process. The State is not a person and  bureaucracy rules.  In places like Sweden, they have a money ruling class in competitive with the bureaucracy trying and trying to sort out the built in conflict. Most of the nations tending towards Socialism do not makes much sense. They have a value added tax of 28 percent on most every purchase. The bureaucracy makes more than the business owner. Actually, we may have more socialism in our country than they have in places like Sweden. 

No matter where you live in the world something is very wrong when about 80 per of startups fail within the first three years. We call out for human rights in everything else but let businesses to fend for themselves in all kinds of devious manipulations. A lost leader economy controls most everything where things are sold a cost of under costs to attract a mass volume so that somewhere in the mix, the business can make a big  profit to balance everything out.  It is a version of the old saying you can fool some of the people most of the time.

The free enterprise system is a simple process. You make or grow something and add a mark up to each individual product.  But then again, here comes human nature who wants something at the cheapest prices no matter how the price is arrived at. Business have to come up gimmicks to survive.

Our business school do not even get into things like this. They start explaining the process after the fact before the fact. The old saying plays out. You get what you pay for. Now we have a massive new working poor class that no longer can even afford the cheaper imports. We can not bail out systems like this forever. Free trade economics failed. It has been bailed out.  Still our leaders call for more of the same.

In sports, we have umpires and referees to keep things in order. In the business world we have no one to keep things in order.  

Today, shoppers vote more in the check out line than they do in the voting booth on what kind of society they want to live in.  In the end, you can not have your cake and eat it at the same time.

http://tapsearch.com/ray-tapajna-journals http://tapsearch.com/bewildered-global-economy  http://tapsearch.com/communications-by-rank 

What do Millennials know anyway?  Have they experience redistribution of wealth?  Or capitalism for that matter?  Somehow a bunch of redistribution Millennials need to be put in a reality situation of redistribution of wealth and see how they work it out.  They just don't know what they are talking about.  They are surmising what they believe would be a better way...without experience.   

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JUST IN->  Pelosi Announces House Resolution To Condemn Trump’s ‘Racist, Xenophobic Tweets’

House Speaker Nancy Pelosi (D-CA) announced Monday that Democrats will offer a resolution condemning President Donald Trump’s “racist” tweets against Reps. Alexandria Ocasio-Cortez (D-NY) and Ilhan Omar (D-MN).

Pelosi wrote a letter to House Democrats announcing that they will draft a resolution to condemn Trump’s “racist” tweets against progressive Democrats.

“This weekend, the President went beyond his own low standards using disgraceful language about Members of Congress,” Speaker Nancy Pelosi wrote.

“This morning, the President doubled down on his attacks on our four colleagues suggesting they apologize to him,” she added. “Let me be clear, our Caucus will continue to forcefully respond to these disgusting attacks.”

President Trump taunted the “squad” of far-left first-term progressive Democrats on Sunday, telling them to go back and fix the places they came from before telling the rest of the country what to do.

Trump’s tweets caused an uproar amongst the media and Hollywood celebrity classes, and now, Rep. Sheila Jackson Lee (D–TX) hopes to capitalize on the president’s message by condemning them in Congress.

Lee said she will draft a resolution of condemnation.

“Congresswoman Sheila Jackson Lee will be drafting a Resolution of Condemnation for the words used by President Trump about four members of the House of Representatives over the weekend,” Jackson Lee’s office wrote:

Sheila Jackson Lee  @JacksonLeeTX18

Congresswoman Sheila Jackson Lee will be drafting a Resolution of Condemnation for the words used by President Trump about four members of the House of Representatives over the weekend.

Donald J. Trump  @realDonaldTrump

So interesting to see “Progressive” Democrat Congresswomen, who originally came from countries whose governments are a complete and total catastrophe, the worst, most corrupt and inept anywhere in the world (if they even have a functioning government at all), now loudly......

Donald J. Trump  @realDonaldTrump

So interesting to see “Progressive” Democrat Congresswomen, who originally came from countries whose governments are a complete and total catastrophe, the worst, most corrupt and inept anywhere in the world (if they even have a functioning government at all), now loudly......

Donald J. Trump  @realDonaldTrump

....and viciously telling the people of the United States, the greatest and most powerful Nation on earth, how our government is to be run. Why don’t they go back and help fix the totally broken and crime infested places from which they came. Then come back and show us how....

Donald J. Trump  @realDonaldTrump

....and viciously telling the people of the United States, the greatest and most powerful Nation on earth, how our government is to be run. Why don’t they go back and help fix the totally broken and crime infested places from which they came. Then come back and show us how....

Donald J. Trump  @realDonaldTrump

....it is done. These places need your help badly, you can’t leave fast enough. I’m sure that Nancy Pelosi would be very happy to quickly work out free travel arrangements!

President Trump’s remarks seemed particularly directed at Rep. Ilhan Omar (D-MN), who is a former Somalian refugee.

Omar said Friday that the president “shouldn’t be in office” and told an audience of high school students that America was failing to uphold its promise to be a just society.

Rep. Omar said Trump was “stoking white nationalism” after he tweeted that some progressive congresswomen should “go back” to where they came from.

“You are stoking white nationalism because you are angry that people like us are serving in Congress and fighting against your hate-filled agenda,” Omar wrote:

Ilhan Omar  @IlhanMN


As Members of Congress, the only country we swear an oath to is the United States.

Which is why we are fighting to protect it from the worst, most corrupt and inept president we have ever seen. https://twitter.com/realdonaldtrump/status/1150381394234941448 

Donald J. Trump  @realDonaldTrump

So interesting to see “Progressive” Democrat Congresswomen, who originally came from countries whose governments are a complete and total catastrophe, the worst, most corrupt and inept anywhere in the world (if they even have a functioning government at all), now loudly......

Ilhan Omar  @IlhanMN

You are stoking white nationalism bc you are angry that people like us are serving in Congress and fighting against your hate-filled agenda.

“America's answer to the intolerant man is diversity, the very diversity which our heritage of religious freedom has inspired.” -RFK

Rep. Ocasio-Cortez claimed Monday that President Trump’s remarks serve as the “hallmark language of white supremacists.”

President Trump tweeted Monday that Democrats need to apologize for the “foul language” and “terrible things they have said”:

Donald J. Trump @realDonaldTrump

When will the Radical Left Congresswomen apologize to our Country, the people of Israel and even to the Office of the President, for the foul language they have used, and the terrible things they have said. So many people are angry at them & their horrible & disgusting actions!

Donald J. Trump  @realDonaldTrump

If Democrats want to unite around the foul language & racist hatred spewed from the mouths and actions of these very unpopular & unrepresentative Congresswomen, it will be interesting to see how it plays out. I can tell you that they have made Israel feel abandoned by the U.S.

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