How capitalism survives according to Richard D. Wolff, economist. How capitalism survives.
(1) Divide the wealth we all produce so the richest 5% get half, the middle 25% get a third, and the 70% majority get a sixth.
(2) Repeat to the middle that socialism means the bottom wants to take whatβs yours.
#HowCapitalismWorks
it can only work with a very dumb populace.
the citizens of the scandinavian countries, in particular, & most of europe, were smart enough to reject that nonsense/BS/ propaganda & have a much higher standard of living than the americans.