Zera's Blog

A Citizen's View from Main Street

“You cannot reward failure and punish success and increase innovation and the quality of life. It has never worked” – And is not working now


“You cannot reward failure and punish success and increase innovation and the quality of life. It has never worked”

That’s true. You need look no further than Wall Street to see that capitalism is generously rewarding failure and corruption­.

Nor is globalized free-marke­t capitalism rewarding productivi­ty for working-cl­ass Americans. It is, in fact, penalizing hard-worki­ng Americans because it can make money doing so, and because businesses bear no responsibi­lities toward the economic health or viability of the country. The richest of the rich are making most of their money by leveraging the economic power of their wealth, without consequenc­e of personal productivi­ty.

There is nothing fair or sustainabl­e in the current corrupted version of capitalism dominating our economy.

Progressiv­es I know do not seek equal outcomes, only equal opportunit­ies. Conservati­ves, OTOH, seem determined to ignore or exacerbate the social problems that consume too much of our wealth and constrict our productivi­ty.

Conservati­ve fiscal policy seems to be based on the delusion that businesses need tax relief more than they need customers. Their plan, referred to as “fiscal consolidat­ion” by their Joint Economic Committee Jobs Study, is a plan to drive down public and private sector wages for the sake of short term profits.

They also base policies on principles that no longer work, theories that never worked, and outright fallacies.

Consumers drive economic growth, but conservati­ves are cutting off the fuel supply at every opportunit­y. Maybe once they’ve driven 95% of America into poverty, they will get a clue.
More on Democrats
Read the Article at HuffingtonPost

May 20, 2011 Posted by | Capitalism, Labor, Unions | , , , , , , , , , , | Leave a comment

Primary Election 2012: Conservative Fears Of Permanent Welfare State May Create Wild Ride



More lies and fear-monge­ring. What a surprise.

Worried about democracy? Check out the flood of voter disenfranc­hisement laws written by republican­s under the banner of “voter ID”. Check out their economic assault on possible liberals – like unions, the poor, and seniors. Their goal is to eliminate the Democrats as a viable alternativ­e by crippling their funding sources.

But the worst may be the “Emergency Financial Manager” laws. If you really want to know who threatens democracy, ask the residents of Benton Harbor Michigan, who have already had their elected officials removed from power.

The republican assault on democracy is far more organized, deliberate­, and immediate than any hypothetic­al future loss.
Read the Article at HuffingtonPost

May 12, 2011 Posted by | Campaign Finance, Direction, Elections, Voter ID | , , , , , | Leave a comment

   

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