TAX the RICH! (Capitalism vs Socialism?)

Virtual Deaf Church   August 19, 2018 in ASL


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TAX the RICH! (Capitalism vs Socialism?)

Trump supports have been trying to argue that Capitalism is GOOD for America and Socialism is BAD for America. Actually, this is a wrong framing of the discussion and ridicolous elmentary arguments.

For instance, did you know that America's economy policy is actually a Coporate Capitalism, rather than a pure Capitalism? The rich get richer, the poor get poorer. The top 1% control 50% of our country's total wealth. The top 10% controls the 90% of our country's wealth and the remaining 90% controls only 10% of our country wealth. Is this healthy? Link

Is this making America GREAT? No, it is a violation of Adam Smith's Capitalism principles. Check it out at:
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Many major corporations receives welfare from the government while the Republicans are blaming the poor for the welfare. Hypocrisy!
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Here is another example, China is a State Capitalism despite being a communist country. Yet, they are most successful and strongest economing force in the world right now. Link

Democartic Socialism is NOT same as Marxist-Leninist Socialism. So, don't let the Republicans scare you out of Taxing the Rich.
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America is facing a Dystopian crisis where the rich get richer and the poor get poorer, the gap is getting worse.
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