If capitalism is "irredeemable", then what is so virtuous about socialism? Hugo Chavez talked the same way about capitalism, but now people are eating out of dumpsters in Venezuela.
If AOC is going to make comparisons between economic systems, this argument has already been won before. Isn't that what the Cold War was about? Didn't AOC get the memo? The Cold War is over. Capitalism won over Communism.
Besides, she is hyping problems. However, some of what she says, I've written about on this here blog. If capitalism is defined as excessive corporate power, then I am against that, too.
However, the state creates corporations. So, in the end, the government causes this problem. As Ronald Reagan once said, "government isn't the solution, government is the problem". AOC and her ilk want more and more government power. If corporations are bad, government is worse. Corporations cannot arrest you yet, nor murder you yet. Governments have a monopoly power of legalized violence. How is abolishing corporations and placing government power in charge of our country a solution to the problems of excessive power?
Ocasio-Cortez blasts capitalism as an 'irredeemable' system https://t.co/cSVeD8mnkS— Greg Meadows (@BootsandOilBlog) March 11, 2019
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