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Kim O\x27Brien
Robert Reich
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Comments by "Kim O\x27Brien" (@kimobrien.) on "How Wealth Inequality Spiraled Out of Control | Robert Reich" video.
@fritzforsthoefel8031 Playing with tax policy won't solve the problems capitalism in crisis has created.
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@maryjeanjones7569 You already have a ruling class and an educated aristocracy and Robert Reich is one of them. They can't fix capitalism because it is rooted in the need to make profits for the ruling class. Its own logic of profit maximization leads it into a blind alley.
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@christopherellis2663 Playing with Tax policy to solve a problem tens years out is BS. Reich is lucky if he can give an economic prediction for one year out. The man is as much a fraud as Milton Friedman.
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@Bobjtx The super rich avoid taxes by taking out loans from bankeers using their property as collateral instead. This way the pay no capital gains and no income tax. The property goes up in value with inflation so the loans just get rolled over.
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This is complete BS no way can capitalism be fixed though a change in tax policy. Only class struggle produces real results for working people. The real lessons of history are to be found in the movements and class struggle organizations built by workers. The trade unions and struggle to overthrow Jim Crow racism and the fights against Imperialist Wars of plunder.
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@fritzforsthoefel8031 Go ahead and desert for lower wages and bigger profits elsewhere like that isn't your national industrial policy now.. Just remember you can run but you can't hide and you can't take it with you when you die.
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@fritzforsthoefel8031 Government does what the bosses want and no policy can exacerbate it from crisis. Its due the natural tendency of the rate of profit to decline.
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