RE: FDR and the New Deal: Saving Capitalism from Itself
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This was a really good read. It made me think a lot of the Russian oligarch thing, but kind of in reverse. I'm probably not explaining that well, but it makes sense in my head!
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Glad you enjoyed it!
If I'm taking your meaning, the same thing happened in the US in reverse. FDR used the war and the Great Depression as a smokescreen to enact very high tax rates, putting an end to the US oligarchs. And now, 80 or so years later, the US has mostly followed Russia and allowed the oligarchs to come back.
Yeah, I was specifically thinking of how the oligarchs took what was supposed to be for everyone and they made it their own to the tune of millions of dollars. I honestly think socialism gets a bad rap or at the very least things that are meant to benefit a large group of people are instantly labeled as socialist and then immediately poo pooed.
Socialism has just become a scare word. The rich already get it and no one sees anything wrong with that (As MLK once said: In America, it's "socialism for the rich and rugged free enterprise capitalism for the poor"), nor does the working class see much wrong with it when it comes in the form of social security or medicare/medicade. Nor even do people see much wrong with socialized medicine when you phrase the questions in a way that avoids labeling it as socialism. It is only when it becomes a talking point set to the tune of "owning the libs", then everyone who follows that team comes out against it.
Yeah, that is a good point.
money have the power, and big money means big power which means big corruption. true.
quite recently I just finished reading this book, (well - its in Russian and I dont see an English translation exists). It described the president election process in Russia in 1996, and all the background balance of powers that led to the ultimate ruining of communists' influence and strengthening of the oligarchs' lobby who sponsored the elections. "Russia in a second before Putin", as the author himself labeled the book. An eye-opening reading... and incredibly sad, full of cynicism; its selling your patria twice on every page...
Russian oligarch thing, what did you mean exactly?.. to me it sounds like Nonsense! 😳 These Russian oligarchs (if we talk here about the 1990-2000 epoch) were just smart guys who stole all the USSR legacy, they effectively lobbied their interests thru corrupt government, privatized real estate and tore soviet economy apart. These are thieves who did not think about the country and the motherland in any way - but on the contrary. What does FDR have to do with it? @dbooster @bozz