5 Easy Fixes to Capitalism And Democracy In A New World Of Democracy 6/6/17 In an interview with see this website New York Times columnist Paul Krugman blasted America’s political elites for failing to make democracy work for them. “We’ve gotta be honest with today’s people and we’ve gotta break it down into what Americans consider their personal life, what they consider to be our personal values,” Krugman said in an interview with the New York Times. “Who paid the rent and it seems that all of us have, in essence, the same opinion — that our ability to run things is what so many people in this country must imagine.” Politically speaking, Krugman is full of praise for how America’s political elites managed to go from fighting the civil-rights movement and to government allowing billionaires to run our governments to destroying Occupy. Once again, we all have to listen to Krugman Just last week, in a CNN interview, Charles Friedstetter insisted that capitalism’s problems are mainly caused by poor people running the country.
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Just this week, in an interview with CNN business talk show host Jake Tapper, Cook denied claims that capital is helping Americans grow. “What I’m saying is the way the market works is it’s the case that not every single penny of capital that you invest in will grow over time,” Cook said. “Unfortunately, our wealth is based on a range of economic inputs, and the supply of these inputs is very low and our output is low. And so the world is more complicated than we thought it would be because of those commodity inputs, so much of our money will be lost or more will be lost.” Then he let it go on to say that capitalism is just the result of “labor-for-hire agreements, or the contracts that you continue to have to be paid for the hours you manage to get through the system,” (including the benefits of free and subsidized Wi-Fi and internet for our citizens).
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Austerity and Deficit 8/4/17 This debate over austerity in Canada is far more complex than Krugman is hoping, as his example is largely a historical one. Globalization has created opportunities for workers, small businesses, and entrepreneurs in a number of countries. Over the last couple decades, Canada’s working class has been devastated by economic downturns and job cuts. There has been devastating income redistribution from the wealthiest 1% in recent years, while family and small business taxes have become even lower
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