Path: ...!news.mixmin.net!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: "Michael F. Stemper" Newsgroups: rec.arts.sf.written Subject: Re: the future long term financial apocalypse of the USA Date: Sat, 18 May 2024 08:34:22 -0500 Organization: A noiseless patient Spider Lines: 14 Message-ID: References: <9b5v3j58gh2pd4pi54vqnf7loupses6f9i@4ax.com> <8464a59f-9706-00a5-3fb2-d9f638a0ffe0@example.net> <507cd335-d0ae-0c75-e711-a296f5b83805@example.net> MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8; format=flowed Content-Transfer-Encoding: 7bit Injection-Date: Sat, 18 May 2024 15:34:23 +0200 (CEST) Injection-Info: dont-email.me; posting-host="f09f13fc5af5eac11cc55a0ac5878418"; logging-data="2951911"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX18cF1bGFjv4jlwys4CE4pcXql2gvoJbJ34=" User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:102.0) Gecko/20100101 Thunderbird/102.11.0 Cancel-Lock: sha1:HudWeighULyyY1hYeOYAgsvejJk= In-Reply-To: <507cd335-d0ae-0c75-e711-a296f5b83805@example.net> Content-Language: en-US Bytes: 2276 On 17/05/2024 15.31, D wrote: > I was unaware we have anything resembling capitalism. What we have today is a plan economy with government calling the shots, which is far from capitalism. Many billionaires are the ones who are the most cosy with politicians. > > As for who the wealth belongs to and the benefits for the population at large, note that we are living at a high peak of civilization compared with 100 years ago on all scales, infant mortality, wealth, quality of life etc. The implication of what you're saying is that living at the peak of civilization is strongly correlated with having a planned economy rather than capitalism. -- Michael F. Stemper Always use apostrophe's and "quotation marks" properly.