IS CAPITALISM THE SAME AS A FREE MARKET?
Ask your Representative of The People and hear what she/he thinks. Ask for a justification of his/her view with the US Constitution. Vote according to whether the politician will uphold her/his Oath of Office to protect the US Constitution.
C-Span hosted a discussion with the public on a number of timely topics including the infrastructure plan and purported harm to youngsters by social media abuse.
https://www.c-span.org/video/?515620-3/washington-journal-rep-dan-kildee-d-mi-discusses-president-bidens-agenda — OCTOBER 27, 2021 | PART OF WASHINGTON JOURNAL 10/27/2021
Representative Kildee on President Biden’s Agenda
Representative Dan Kildee (D-MI), the Democrats’ chief deputy whip, talked about President Biden’s “Build Back Better” agenda, upcoming fiscal deadlines, and congressional news of the day.–end of c-span info–
Representative Dan Kildee expressed as though FACT that “our system is capitalism”. At the same time free markets seem to be suggested in the US Constitution to one who isn’t a student of the Constitution, reference in any manner doesn’t seem included on the topic of capitalism. Yet politicians bought into public office by big-money interests seem to continue to spread this questionable information in a way that is curious and unsettling. Such misinformation seems implicated in several issues discussed on C-Span today.
The interesting new normal of an inability of business to find workers to fill positions, even though salaries and benefits are not commensurate with desire to fill positions, seem to have made workers reluctant to accept sub-par employment.
Presumption that workers are obligated to fit themselves into the business model rather than to look out for their own interests seems quite capitalistic, and surely are not free market concepts.
Another anomaly is opining by many politicians against our nanny state at the same time politicians/business require uncompromising attention from parents to the extent that schools and media have become babysitters for the children of workers.
But some politicians are opining the lack of parental control of their children, as regards content on social media. Capitalistic hierarchical Establishment seem unrealistic in demands from the public that is seeping into the status of dictatorship.
https://www.youtube.com/watch?v=_32hy0FLoec –“You Can SHOVE YOUR JOB!!” Why Are MILLIONS Quitting Work?!
These realities in 2021 are indicative of the hierarchical control of capitalism that Representative Dan Kildee insists is “our system”. None of these fulfill principles of our democratic (small d) Constitutional republic. Consider the Preamble—“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America..”–end of Preamble —
A discussion would be of interest between the big-money-interest-purchased politicians and a professor of the US Constitution on the topic of capitalism as our system.
The following is food for thought and a motivation to consider what is meant by capitalism and what is meant by free markets. “Our” system of capitalism seems to want whatever it says it is, rather than functioning realistically. This seems the criminal place in the continuum of capitalism turning into organized crime, that should be noticed.https://www.investopedia.com/ask/answers/042215/what-difference-between-capitalist-system-and-free-market-system.asp —
Key Differences Between Capitalism and Free Market
Some key features of capitalism include the competition between companies and owners, private ownership, and motivation to generate a profit. In a capitalistic society, the production and pricing of goods and services are largely determined by supply and demand—the free market—but some government regulation and oversight may occur. And the profits of capitalist endeavors can be taxed heavily.Also, the market may be free in name only: A private owner in a capitalist system can have a monopoly in a particular field or geographic area, preventing true competition.In contrast, a free market system is ruled entirely by demand and supply, and there is little or no government regulation. In a free market system, a buyer and a seller transact freely and only when they voluntarily agree on the price of a good or service.
–end of investopedia info–
“Our system of capitalism” seems to prefer a system as whatever hierarchy says it is with no reference to ideals stated in The Preamble to The Constitution and no connection with the US Constitution.
Is the following political Party strategy, democracy in action, or organized crime? Are these reports even FACTual, and should the public be informed as could be possible in a nation with a Constitution protecting a Free Press? — https://portside.org/2021-10-26/explosive-report-says-gop-congress-members-helped-plan-jan-6-capitol-attack –Jan. 6 Protest Organizers Say They Participated in ‘Dozens’ of Planning Meetings With Members of Congress and White House Staff,” roared the late-Sunday Rolling Stone headline. The report describes two January 6 protest insiders who claim they worked “back to back to back” with several Republican House members — Representatives Paul Gosar, Lauren Boebert, Mo Brooks, Madison Cawthorn, Andy Biggs, Louie Gohmert and Marjorie Taylor Greene — and their senior staffers, who they allege were “intimately involved in planning both Trump’s efforts to overturn his election loss and the Jan. 6 events that turned violent.”–end of portside info–
Consider distinctions between free market principles and capitalism—https://popular.info/p/the-billionaires-are-angry?token=eyJ1c2VyX2lkIjoyMTU0NTE0LCJwb3N0X2lkIjo0MzE0Mzk1NiwiXyI6Ik1IZDgvIiwiaWF0IjoxNjM1MzQ1OTU1LCJleHAiOjE2MzUzNDk1NTUsImlzcyI6InB1Yi0xNjY0Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.9fBslnD68p-wYmd1XMKbzfBDWO4QBN-zUGCMxUSU8BQ –As Robert Reich noted, it would take a typical worker 800,000 years to earn as much as Musk made on Monday. –end of popularinfo —-
The free choice of We The People rather than the stuffed shirts imposed upon the electorate by political-Party process, could have given us a governance of integrity — https://www.commondreams.org/news/2021/10/26/bottom-line-says-bernie-sanders-deal-must-include-medicare-expansion-lower-drug?utm_term=AO&utm_campaign=Daily%20Newsletter&utm_content=email&utm_source=Daily%20Newsletter&utm_medium=Email –As congressional leadership pushes Democrats to “act like we are winning” even as a few corporate-backed party members and business lobbyists water down the Build Back Better bill, Senate Budget Committee Chair Bernie Sanders reiterated Tuesday that the package must expand Medicare and include reforms to lower prescription drug prices.In a video shared on Twitter, Sanders took aim at the pharmaceutical industry’s lobbying and campaign contributions to prevent policies like allowing Medicare to negotiate drug prices–end of commondreams info–
https://www.postandcourier.com/health/clyburn-has-taken-more-than-1-million-in-pharma-money-in-a-decade-far-surpassing/article_62b10180-d956-11e8-9122-4f50316f66fa.html — The magic of money in politics may be the undoing of the Democratic Party as surely as Trump may be the undoing of the Republican Party. So go the duopoly.
Another function of capitalism is hierarchy in commerce in which small businesses are absorbed into larger businesses and corporations. Regulation is explained in investopedia (link above) as necessary in capitalism. In the USA the de-regulation that characterizes a free market has been applied to capitalism that is hierarchical by character. Employers have the ability to fire employees and this is FACTual of vaccine mandates and mask mandates. Due to the monopoly of capitalistic practice rather than free market practice in which more small businesses would predominate, the USA has a quasi-captured workforce in place of free market sole-proprietors. In other words, corporations are quasi-governance by mandate, and can be imagined is a type of sub-government. This doesn’t comport with freedom and equality.
We deserve better. https://www.lwv.org/newsroom/press-releases/league-refuses-help-perpetrate-fraud–LEAGUE REFUSES TO “HELP PERPETRATE A FRAUD”