Im still trying to figure out how it differs from communism[S
I think what people are upset about isnt capitalism but crony capitalism and state capitalism.
We've been brainwashed into thinking any form of capitalism is good and better than communism or socialism
communism is state capitalism where the government seizes business. makes it their own and runs it. all failures and success of the business reflects on the politicians in charge.
Socialism is chikken **** communism
the politicians don't directly manage but do so by law and regulation. they don't directly profit from business success nor do they suffer from failure.
they profit from success indirectly through taxation and they are shielded from loss since unlike the communists they don't actually own the company they just order it around and take it's money.
both Socialism and Communism are state capitalism and are fascist from I think Italian for face...or facade fascism is communism ans socialism reversed. it is where business orders the state around, enrichens the politicians and gets them elected and the state protects the business from competition.
America has grown into some variant of State Capitalism and Fascism where the local state and federal government invests their general funds and their health and retirement funds in corporations which in turn get tax advantages and easing of regulation.
Sovereign investment money managers, your personal retirement accounts, insurance companies etc also all invest in these corporations.
when treason prospers none dare call it treason
the only folks not benefiting are the individual businessmen and private family corporations who chose to invest in and grow their own business' not investing in the business enriching politicians
the simplest way to understand it is:
+In China and Russia the government nationalized industry...
+In America the government bought into a class of business and through regulation and taxation enabled it while handicapping business the law forbids public finds from being invested in.
I think they call it "a piece of the action" which at one time was illegal in America
there isn't any conspiracy to do this....
it is simply the disodered associations of like interests