We capitalists hurt everyone in our way. One need only look at the inhabitants of Appalachia (including Obama's comments about them). On a recent Colbert Report (the clip is below), mountain top mining was discussed. Essentially what is done is instead of sending miners into find coal, mountains are just blown up to get directly to the coal. Not only does this contaminate the water and air, killing wildlife, but it also makes the people who live there sick. Why don't they use their coal miner checks. Mountain top removal requires far fewer workers, so they are left without jobs. essentially we have poisoned these people's habitat, poisoned them, and taken away their jobs.
| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Coal Comfort - Margaret Palmer | ||||
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Another example of capitolist greed: in 1965, the average CEO made 24 times more than a factory worker. In 2005, the average CEO made 262 times the average factory worker. Are CEOs in 2005 working harder than those in 2006; probably not. Before you think; ah, there are larger companies, hence more powerful CEOs in 2005. Yes, but the survey only looked at, "U.S. CEOs in major companies." Though it does not specify what is a major company, it is clear that the growing size of companies has a minimal effect on this. What is clear is that the little man is yet again getting the short end of the stick.
It seems that capitolism is not working as well as we always wished. It looks to be turning into feudalism, which we certainly don't want. An unobstructed market lead to a huge crash and the only thing that saved us was the government buying the major banks (a tenent of socialism). Glenn Beck seems so afraid of socialism. I know why; he is part of the tiny percent of Americans that would not benefit from it. I don't think that socialism would work in America, but surely some steps towards government control of the economy seem sensible.
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