Posted 1 week ago on June 13, 2019, 10:58 a.m. EST by agkaiser
from Fredericksburg, TX
This content is user submitted and not an official statement
Is perpetual debt of consumers and our government to those who've made the greatest profits and loaned us their excess a sustainable economic model?
That is a rhetorical question. A real one is why do so few of us see the deadliest flaw of the for profit system? That is: profit is maximized by minimizing costs and maximizing sales. Most consumers are both costs as employees and buyers with the money they're paid. Government services are also costs and sources of income to producers. The conservatives are terrified of paying sufficient wages or taxes and so the economy falters as the money flows to them and stops there ... until they loan it back to us and our government at interest, which exacerbates the problem. When will conservative masters or the slavish fools who follow them see the paradox? Apparently never!
In feudal time the lords and ladies organized our communities for their own benefit. We seem to have gotten into a bad habit of subservience to the few, the powerful, the greediest and most ruthless. It's time for change.
Can we, in our communities, organize ourselves to provide employment, goods and services on a non-profit basis as readily as the for profit corporations and businesses on which we now depend for our lives and livelihoods?