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Alan Friesen
Robert Reich
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Comments by "Alan Friesen" (@alanfriesen9837) on "What Election Day Revealed About Progressive Policies | Robert Reich" video.
@Kermit_T_Frog Capitalism is efficient in large part because it so effectively harnesses avarice and fear. Unchecked, it leads to ruinous exploitation, which is why regulation is so important if you don't want a society where most people live in misery. Socialism is the best tool for creating a society where the most people can have a decent life. However, if it eliminates positive incentives for ambition completely then the inefficiencies will lead to a societal malaise that stymies progress and makes a society uncompetitive regarding its more liberal competitors. There has to be a balance, and right now the United States is out of balance.
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@azzir325 More like 39 to 41 percent, but you're right, it's still a substantial fraction.
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@Kermit_T_Frog Where I differ from the revolutionaries is that my observations of revolution suggest that the suffering involved is unconscionable. Once the powers that be are converted into corpses and exiles, the revolutionary factions usually turn on each other. The victorious faction, having killed off the others, then starts a paranoid search for impurities within their own ranks. And when all that's left are the dead and the terrified, the system that emerges is rarely an improvement on the one that was overthrown.
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@Kermit_T_Frog I didn't know that, but I wouldn't be surprised.
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