Comments by "Al Loomis" (@alloomis1635) on "If Interest Rates Go Up - Will the World Economy Be Destroyed? (w/ Richard Wolff)" video.

  1. perhaps if we call the system what it really is, we might begin to improve it. for starters, the political system is not capitalism, it's elective oligarchy. ''capitalism' refers to the economic system, it is just a euphemism for impersonal greed., mixed with intrinsic corruption. notice that the political system is not 'democracy.' the people do not rule, they have no handle on public affairs, much of which is conducted in secret. once you admit that the system is not democracy, public discussion can move on to useful questions, such as: what is actual democracy? is it desirable? is it attainable? but first you have to stop saying, 'we have it, but it never seems to work.' that is insanity, at best.
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