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Originally Posted by ianch99
The 4 decades old free market economy has run its course.
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The free market economy is somewhat older than that, much older, try a few hundred years.
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It has failed to deliver what the original proponents promised.
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No it hasn’t every generation ( and i’m talking over the several hundreds of years) has largely enjoyed a better standard of living and had more possessions than the one previous.
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The future will have to redeploy the wealth held in the hands of the few to invest in *all*
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. Here we go comrade, the revolution will be televised.
Such actions by a state always work well.
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The system is broken and when people who cling to the debunked "rising tide floats all boats" maxim try and sell the "greed is good" snake oil, it really is depressing. I find it interesting to see the people defending the current system: they seem to be invariably those who comes from the baby boomer period where they had the fortune to find a good job easily, to have a final salary pension that we can only dream of today, to be able to easily afford to buy a house that now has risen many, many times
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The system is far from perfect but more preferable than the alternatives.
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These are the people who will now say: "I got where I am today through bloody hard work" .. well, truth be told, they were just very lucky. The sinister part is that they feel entitled: "how dare you take away what I worked hard to get". The awareness that the wealth and opportunities they enjoyed will never be available for the current generation is just absent. This lack of empathy underwrites a lot of the current politics.
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What about those that have worked hard? there are people that came from quite humble beginnings and have worked hard and now enjoy a very good standard of living, and you just dismiss them as lucky. They can’t all be lucky and i’m Afraid in this statement you do come across as envious. Unfortunately in life there will always be people doing better than you, that’s just life, bleating about it doesn’t help you.