Capitalism is not Surviving

I’ve been watching the protests. I don’t really care about them. They just provide an alternative to Trump on the TV. I think the protests will go on all summer. Why? Because the protesters have nothing else to do. I have heard that 38 million Americans have filed for unemployment since the pandemic began. Some of them haven’t received a dime yet. No job and all the time in the world on their hands. Nothing to lose. This is a set-up from hell. It is always bad to create an entire underclass with nothing to lose.

Capitalism’s foundation is consumer demand. With millions of Americans without a penny to their name, this cannot end well for capitalists. Zero disposable income. Who thinks this can have a positive outcome?

I’ve been nervous for the past several years. I know many people who have been working two or three jobs and barely scraping by. I knew that if the economy so much as hiccuped, the entire system might implode. Trump kept touting how great the economy was. For whom, exactly? Wealth has been moving upward for a while now.

This is karma writ large. Conservative Christians are staunch defenders of the capitalist system, which shows how unintelligent they truly are. The Bible is clear: to whom much is given, much is required. (Luke 12:48) Capitalists say that it has to be voluntary. Uh, no. Whether or not it is given voluntarily is irrelevant. It is called “justice.” Rich people say, “I earned that money.” My friends working two and three jobs worked way harder than you and have nothing. Taxing the rich is righteousness. Taxing the poor is a good way to create a coup. Now the whole system is in jeopardy. Welcome to the new American banana republic.

About cdhoagpurple

I live in Michigan. I was Greek Orthodox (and previously Protestant), but now am more Buddhist than anything. I am single now (through the till-death-do-you-part clause of the marriage contract). My husband Barry was a good man and celebrated 30 years in AA. I am overly educated, with an MBA. My life felt terminally in-limbo while caring for a sick husband, but I am free now. I see all things as being in transition. Impermanence is the ultimate fact of life. Nothing remains the same, good or bad.

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