Is capitalism a win-win?
By José M. López Sierra
InfoAlDesnudo
91 years after Adam Smith wrote his book about the wonders of capitalism, Karl Max wrote his book criticizing his thesis. Please click on this link for a brief explanation of capitalism: https://youtu.be/uLsAhwJzQoI
Today, under United States (US) capitalism, 38 million Americans live in poverty and 60% live from paycheck to paycheck, while 9 of the 10 richest men in the world are US citizens. Where is the harmony that Smith spoke of for the 99% of US citizens?
In stark contrast, the People’s Republic of China, the second largest economy in the world after the US, has already eradicated her poverty, despite having 4 times the US’ population. Today, China and BRICS are economically outperforming the US and the G-7 since 2020!
The US hypocritically claims to support Taiwan’s inalienable right to self-determination and independence, while it has consistently refused, a win-lose attitude, to comply with 42 United Nations’ resolutions demanding that it immediately return Puerto Rico’s sovereignty to the Puerto Ricans.
And, on Wednesday, July 24, 2024, the US will host, at the Capitol, the international pariah Netanyahu, so that the US could continue to unconditionally support his genocide against the indigenous people of Palestine. https://youtu.be/YXAck1yRpoU
It is now very obvious why, in the US, the teachings of Karl Max has always been taboo. History has proven without a doubt that Max’s critique of capitalism is totally correct. It is indisputably impossible to be the champion of democracy under capitalism!
Capitalism is the undisputed champion of plutocracy.