Candidate for the Democratic nomination for President of the United States.
Joined February 2009
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Not by design, but by governmental permission and advocacy created by the corrupt infusion of money, particularly corporate money, into our politics that started in the 80s. Money in politics is the root of the problem.
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It is absolutely not the same as saying that slavery is neutral!! Not every rich person is a greedy bastard, by the way.
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That’s part of why I feel the way I do; I’ve seen how the system works. The problem isn’t that some people can create wealth here; the problem is that the system is now set up so that not ENOUGH people can create wealth. We can have the best of both systems; again, look at Europe
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It’s an amoral system that has produced immoral results for the reason I said: deregulation. Capitalism doesn’t necessitate exploitation or human misery. When regulated appropriately, lots of money can still be made for stockholder & workers. German and other economies prove it.
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Over the last 40 years trickle down economics has destroyed the middle class and created the greatest wealth inequality since 1929.
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Right now there are tax BONUSES for some companies when they transfer overseas, believe it or not. There should be a tax on those who leave, obviously.
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I think we need to make the point that “wealth redistribution” is what THEY did. They use that term about the Left now as a way of making an argument against us. We don’t want to steal anything; we simply want to take back that which has been stolen.
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I disagree. The flaws in modern capitalism are a philosophical legacy of those times, but not a financial legacy. It didn’t even exist as it does now and certainly wasn’t mentioned in the constitution.
Capitalism itself is inherently neutral. We have a tradition in America of pushing back against overreach by capitalism: labor unions, child labor laws, anti-trust laws etc. But in 1980 they started deregulating capitalism & deregulating banks, turning it into an unfettered force
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2/ With the 2017 $2 Trillion tax cut, 83 cents of every dollar went to the very richest people. The idea that any of that money is “trickling down” and “lifting all boats” is like a sick joke now; it has left and is leaving tens of millions of people without even a life vest.
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1/ The main conduit of wealth inequality is unfair tax policy. For the last 40 years we’ve been transferring wealth into the hands of a few through increasingly reduced taxes for top earners as well as corporate subsidies and financial deregulation.
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Even before the pandemic 40% of Americans would’nt have been able to absorb a $400 unexpected expenditure. That should have been seen as a national emergency yet political and media reports were that the economy was “good.”Good for whom, of course! Good for those at the very top.
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I totally hear you. I didn’t mean to imply that situations such as yours do not exist because I know they do.
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I heard Betsy DeVoss say in an interview that she had never visited any of America’s failing schools. That’s typical of many politicians; they don’t actually visit the poorest neighborhoods in their districts or states because they assume the poor don’t vote so it doesn’t matter.
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Politicians say they’ll create jobs. But I’ve known many who feel “Give me a good education, give me free healthcare and a decent shot in this economy - I’ll create my own damn career.” People should have more than jobs; they should have real opportunity for self-actualization.
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