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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I believe we are seeing "supply side economics" coming to frutition.  A healthy economy is one that has the decent paying employment, so most people have spending power to keep the wind in the sails. "Capitalism" is a general term, and depending on what side of the fence people are on, it is either good for their wallets or bad. The equation also has in it, in reference to "prosperity".  If you ask me if I have "prosperity", I'd have to answer no. Another factor is the luck of the draw. I've worked all of my life, and at best made it from one week to the next. Another person in my position may have "prospered" due to factors like having a spouse who is gainfully employed, and being able to pool their resources to their own goals of "prosperity." Its likened to a card game, some people get the high cards, and people like me are dealt the jokers and deuces.

The core of the problems are government and EPA regulations.  If you go back through history, and place all of the great invention and innovation in today's environment, almost all of them would have been shut down by the government over safety, environment, fees, zoning, or some other cockamamie government inhibitor of  that which made America great.  The little guy has no chance against such a regulated society to bring a product to market.  The large corporations have teams of attorneys to handle those concerns.  So, the government regulations on one side, and the large corporations on the other with the little guy squeezed in the middle.  Sadly, hard work alone will never foster prosperity through entrepreneurism anymore.

No, we have to show them how well it can work. Most all of us alive today really does not know how true capitalism works since we have all been raised thinking bail outs, gov subsidies and cronyism are all part of capitalism when it's not.

I think where the Tea Party made it's biggest mistake is when Occupy Wall Street said it was against crony capitalism they were ignored instead of supporting them on that issue and not on the others. That gave them they idea we were for Crony Capitalism.

I was asked on Quora, - What is the difference between outward orientation and free trade? This is based on the neoclassical theory which deem the 2 concepts interchangeably.

Ray Tapajna • Free trade economics remains the major cause behind our economic and social problems. It isolates the free market for only a few to enjoy with the government  married to big money interests making the free enterprise system dysfunctional. 

I have no idea what it is meant  by "outward orientation and free trade - based on neoclassical theory which deem the 2 concepts interchangeably."  As I have said in the past, the process branded as free trade as it is today is not free trade as historically practiced and defined. It actually isolates the Free Market for ony a few to enjoy.

So, here is another way, I will respond to  the question:

So called free trade is not trade. It is an economic system set up to divorce production from investments and move production anywhere in the world for the sake of cheaper labor and for more profits for just a few. It  isolates the free market for only a few to enjoy too.  Powerful elite forces use it as a way to control the flow of wealth and power throughout the world too.

The TV reality show Shark Tank provides and example of the process this way. People come on the show and present their proposals to a group of investors for more money in exchange for a share in their enterprise.  More often than not , the potential investors question the cost of production and tell the people they have to reduce the cost of manufacturing by going outside of America to have the product made at a much cheaper cost.  Some of the investors mention their connection with big box stores  whose business models primarily depend on imports.  The investors tell those requesting funds they must do this or else -

One investor likes to say - or you will be crushed like the cockroach you are.     The same applies to most business models big and small in the free trade world. Somewhere along the line the process was branded as free trade. But the main commodities being traded are workers who are put on a global trading block to compete with one another for the same jobs down to the lowest levels of wage slave and even child labor.  With more than a billion people in the world willing to work for practically nothing to survive, it is indeed a race to the bottom.

Governments enter the picture as brokers and dealers in a global economic arena. This short circuits what world trade is all about. Trade is supposedly about deals with individual entities and not governments. 

Governments including international entities get involved for other reasons too. They use the free trade process as a way to control world events. And  nations finding their interests spread across the globe find they must use force to protect their interests. This results into a new form of colonialism on a global basis. Wars follow and apparently are part of the process itself.  We do not need any conspiracy theories to know free trade economics is driven by powerful forces outside the will of the people who have ulterior motives for their participation in the process. They use free trade as a way to globalize the world into some kind of one size fits all one world government. They apparently want the sovereignty of individual nations to be under a centralized system. 

President Obama used the term New World Order at least two times at international money conferences and shows how closely power, money and politics are combined in the free trade economic system on a global scale. With the new super trade bills the details of the process are now openly in the text of these agreements. Instead of asking questions about free trade, someone needs to ask the world financial community what the term New World Order stands for.

And don not ever forget, President Obama had to bail out the process in 2008 by borrowing trillions of dollars from the future. This in effect put tariffs on future generations of workers.

( Advocate for workers dignity, local value added economies and the real free enterprise system 

http://tapsearch.com/tapartnews http://tapsearch.com/globalization   http://tapsearchnews.filetap.com http://tapsearch.com/flatworld http://tapsearchworld.webnode.com  http://ray-tapajna-tapsearcher.page.tl 

If they want to live in misery...I lived thru communism and socialism and both equal hell.

Millennials have the right to protest because of capitalism. Who manufactured the signs, paid the police and the media to report their shenanigans? 

Soros???????

Bueno Steve

Millennials! Probably the most ignorant, and lazy generation to come along! However, not all the blame falls on them! The progressive liberal communists along with their parents and, teachers are also to blame!

Millennials should reserve their places in the unemployable lines now.

I suspect what the millennials are rejecting is what we have today, which should really be called cronyism, not capitalism.  I've never known true capitalism because America was corrupted before I was born.

I once read (don't remember who said it) that if all the money in the US was divided evenly with every citizen, that within a certain period of time, everything would be back to where it was before the distribution of the money.  There are many people who are too stupid to use money wisely.  

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Breaking — West Virginia Lawmakers Invite Persecuted Pro-Second Amendment Counties In Virginia To Join Their State

West Virginia lawmakers introduced legislation to invite persecuted pro Second Amendment Counties to join their state.

The West Virginia Senate adopted a resolution to remind Virginia residents from Frederick County that they have a standing invite — from 1862 — to become part of West Virginia.

West Virginia freedom fighters broke away from Virginia Democrat slave owners during the Civil War.

This week West Virginia has once again invited persecuted Virginia pro 2-A counties to come join their state.

Sounds like a winning plan!

Resolution 8 reads as follows:

HOUSE CONCURRENT RESOLUTION 8

(By Delegates Howell, Summers, Shott, Householder, C. Martin, Hott, Graves, Cadle, Barnhart, J. Jeffries, Maynard, Phillips, Foster, Hamrick, Steele, D. Jeffries, Wilson, Waxman, Bartlett, Paynter, Linville, Sypolt, Bibby, Hill, Ellington, Higginbotham, J. Kelly, Mandt, Pack, Dean and P. Martin)

[Introduced January 14, 2020]

Providing for an election to be had, pending approval of the General Assembly of the Commonwealth of Virginia, and a majority of qualified citizens voting upon the proposition prior to August 1, 2020, for the admission of certain counties and independent cities of the Commonwealth of Virginia to be admitted to the State of West Virginia as constituent counties, under the provisions of Article VI, Section 11 of the Constitution of West Virginia

Whereas, The Legislature of West Virginia finds that in 1863, due to longstanding perceived attitudes of neglect for the interests of the citizens of Western Virginia, and a studied failure to address the differences which had grown between the counties of Western Virginia and the government at Richmond, the Commonwealth of Virginia was irretrievably divided, and the new State of West Virginia was formed; and

Whereas, Such division occurred as the Trans-Allegheny portions of Virginia perceived that they suffered under an inequitable measure of taxation by which they bore a disproportionate share of the tax burden; and

Whereas, That this perception was further compounded by the effects of a scheme of representation by which Trans-Allegheny Virginia was not allowed to have its proper and equitable share of representation in the government at Richmond; and

Whereas, That this arrangement arguably resulted in the tax dollars of Trans-Allegheny Virginia being used to enrich the Tidewater through internal improvements which did not benefit the people of Western Virginia, while the people of the Trans-Allegheny had little to no say in how their tax dollars were allocated; and

Whereas, Though this course led to an irreconcilable division, and the subsequent formation of West Virginia, yet, the longstanding peaceful cooperation between this State and the Commonwealth of Virginia is a sign that such separation, undertaken even under the most challenging and onerous of circumstances, can, with the passage of time, yield lasting results which are beneficial to both sides; and

Whereas, In the intervening years, the same neglect for the interests of many of the remaining counties of the Commonwealth of Virginia has allegedly been evidenced by the government at Richmond; and

Whereas, Particularly, many citizens of the Southside, the Shenandoah Valley, Southwestern Virginia, and the Piedmont contend that an inequitable measure of taxation exists by which they bear a disproportionate share of the present tax burden of the Commonwealth; and

Whereas, The people of the Southside, the Shenandoah Valley, Southwestern Virginia, and the Piedmont also believe that, currently, a scheme of representation exists by which the citizens of Southside, the Shenandoah Valley, Southwestern Virginia, and the Piedmont do not have a proper share of representation in the government at Richmond; and, consequently

Whereas, The people of the Southside, the Shenandoah Valley, Southwestern Virginia, and the Piedmont believe that their tax dollars are used to enrich the Tidewater and Northern Virginia through internal improvements which do not benefit the people of these other parts of Virginia, while the people of these other parts of Virginia have little to no say in how their tax dollars are allocated; and

Whereas, In recent days, these tensions have been compounded by a perception of contempt on the part of the government at Richmond for the differences in certain fundamental political and societal principles which prevail between the varied counties and cities of that Commonwealth; and

Whereas, In the latest, and most evident, in this string of grievances, the government at Richmond now seeks to place intolerable restraints upon the rights guaranteed under the Second Amendment of the United States Constitution to the citizens of that Commonwealth; and

Whereas, The Legislative body of West Virginia believes that this latest action defies the wise counsel which has come down to us in the august words of our common Virginia Founders: as the government at Richmond now repudiates the counsel of that tribune of liberty, Patrick Henry-who stated to the Virginia Ratifying Convention in 1788 that “The great object is that every man be armed. Everyone who is able might have a gun”; and

Whereas, The government at Richmond now repudiates the counsel of a Signer of the Declaration and premier advocate of American independence, Richard Henry Lee-who stated in The Federal Farmer that “To preserve liberty, it is essential that the whole body of the people always possess arms”; and

Whereas, The government at Richmond now repudiates the counsel of that zealous guardian of our inherent rights, George Mason-who stated that “To disarm the people…[i]s the most effectual way to enslave them”; and

Whereas, The government at Richmond now repudiates the counsel of the declaimer of our independence and theoretician of our freedoms, Thomas Jefferson-who stated in his first draft of the Virginia Constitution, that “No free man shall ever be debarred the use of arms”; and

Whereas, The Boards of Supervisors of many Virginia counties and the Councils of many Virginia cities have recognized this dangerous departure from the doctrine of the Founders on the part of the government at Richmond; and

Whereas, These Boards of Supervisors and Councils have passed resolutions refusing to countenance what they affirm are unwarranted and unconstitutional measures by that government to infringe the firearm rights of Virginians; and

Whereas, The actions of the government at Richmond undertaken since the recent general election have, regrettably, resulted in unproductive contention and escalating a lamentable state of civic tension; and

Whereas, That, as has been proven in numerous instances, such as have been observed internationally in more recent times with the peaceful dissolutions of Czechoslovakia and the Soviet Union, and the creation of South Sudan, or, earlier in Virginia’s own history, with the formation of Kentucky, the peaceful partition of neighboring peoples can occur, and, is often very beneficial to both sides in reducing tensions and improving the tenor of discourse over ongoing political and societal differences; and

Whereas, Article VI, Section 11 of The Constitution of the State of West Virginia explicitly permits additional territory to be admitted into, and become part of this state, with the consent of the Legislature and of a majority of the qualified voters of the state; and

Whereas, In a spirit of conciliation, the Legislature of West Virginia hereby extends an invitation to our fellow Virginians who wish to do so, to join us in our noble experiment of 156 years of separation from the government at Richmond; and, we extend an invitation to any constituent county or city of the Commonwealth of Virginia to be admitted to the body politic of the State of West Virginia, under the conditions set forth in our state Constitution, specifically, with the consent of a majority of the voters of such county or city voting upon such proposition; and we hereby covenant that their many grievances shall be addressed, and, we further covenant with them that their firearms rights shall be protected to the fullest extent possible under our Federal and State Constitutions; and

Whereas, Providing that the General Assembly of the Commonwealth of Virginia shall give its assent to any county or independent city presently part of the Commonwealth of Virginia having the opportunity and ability to do so, therefore, be it

Resolved by the Legislature of West Virginia.

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