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Re: zab post# 433895

Monday, 01/02/2023 3:27:49 PM

Monday, January 02, 2023 3:27:49 PM

Post# of 575045
zab, This is a wander. You know we are on the same side.

The people, or the system. Must a personal position on corporate greed be in accord with the individual's position on capitalism. I mean how does one reconcile a strident anti-corporate greed position with a fervent American capitalist position. Could the problem of corporate greed be solved within America's capitalist structure. Not meant as questions put to be answered, more as wandering wonderings.

The Meaning of a Decent Society
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Is the problem the people or the system.

"Inequity is part of the game of Capitalism, of course tax breaks that only benefit the rich could go away. But daily
battles are part of the game of Capitalism. Besides I do not see any other form of government that is better.
"

zab, Would you see the social democracies as having a different form of government. The Nordic model is certainly seen by many as a different form of government.

The Nordic model comprises the economic and social policies as well as typical cultural practices common to the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden).[1] This includes a comprehensive welfare state and multi-level collective bargaining[2] based on the economic foundations of social corporatism,[3][4] and a commitment to private ownership within a market-based mixed economy[5] — with Norway being a partial exception due to a large number of state-owned enterprises and state ownership in publicly listed firms.[6]
https://en.wikipedia.org/wiki/Nordic_model

The Nordic model is underpinned by a mixed-market capitalist economic system that features high degrees of private ownership,[35][36] with the exception of Norway which includes a large number of state-owned enterprises and state ownership in publicly listed firms
https://en.wikipedia.org/wiki/Nordic_model#Economic_system

Would it be right to say it is a different form of capitalism.

Social democracy is a government system that has similar values to socialism, but within a capitalist framework.
https://simple.wikipedia.org/wiki/Social_democracy

Guess so, but

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
https://en.wikipedia.org/wiki/Capitalism

Does the definition of capitalism mean the capitalist corporation must be run for maximum profit.

What the Right Gets Wrong About Socialism
By Erlend Kvitrud
[...]
The share of total U.S. income owned by the richest 1 percent of the population has been surging since the 1980s. It has now reached 20 percent. Scandinavia’s 1 percent bags less than half this share, ranging from 6 percent in Denmark to about 9 percent in Sweden. The Organization for Economic Cooperation and Development ranks each Scandinavian nation among the top 10 with regards to both economic equality .. https://data.oecd.org/inequality/income-inequality.htm .. and absence of poverty .. https://data.oecd.org/inequality/poverty-rate.htm . The United States is on the opposite end of both spectrums.

Take Norway for example. According to the World Bank .. https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?end=2017&locations=NO-US&start=2017&view=bar&year_high_desc=true , Norway and the United States have nearly identical GDP per capita. Yet Norway, unlike the United States, enjoys universal health care, child care, and elder care, as well as tuition-free universities, around 12 months of paid parental leave, and a robust social safety net.

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One of many on corporate welfare

CORPORATE WELFARE

10 Taxpayer Handouts to the Super Rich That Will Make Your Blood Boil


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Sorry. i got kind of lost in my own wandering. Again. wink

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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