Those are good points, and in fact my college thesis was on the capitalist class vs the proletariat as it related to the global economy. In fact I researched it for months, so I’m familiar with the pro and con arguments about labor and market manipulation. It’s true that many economies in the world are impoverished, but not because of lack of capitalism, because of the “animal farm” model of social economy - some groups will always believe they are entitled to a bigger slice of the pie, and will horde it or hide it before they ever let it trickle down.
Those economies generally ARE as capitalistic as ours in the U.S. As for the South - that’s a regional problem of impoverishment and can be legitimately traced in part to enslavement of the already downtrodden. But once established that pattern is held in place by corporate greed and lobbyists for deregulation that favors the rich. I don’t disagree with that - it’s the way of the world that we live in.
Those are good points, and in fact my college thesis was on the capitalist class vs the proletariat as it related to the global economy. In fact I researched it for months, so I’m familiar with the pro and con arguments about labor and market manipulation. It’s true that many economies in the world are impoverished, but not because of lack of capitalism, because of the “animal farm” model of social economy - some groups will always believe they are entitled to a bigger slice of the pie, and will horde it or hide it before they ever let it trickle down.
Those economies generally ARE as capitalistic as ours in the U.S. As for the South - that’s a regional problem of impoverishment and can be legitimately traced in part to enslavement of the already downtrodden. But once established that pattern is held in place by corporate greed and lobbyists for deregulation that favors the rich. I don’t disagree with that - it’s the way of the world that we live in.