What's sad here in the conservative, right-wing south is that when presented a story of poverty, a right-winger will normally respond with "get a job". If the poor one in question works, sometimes 2 jobs, the response is "work harder". It's clear to me that the right's cure for everything is work work work.

Due to the bad economy and plight of millions, American has become more about work and less about life. More about money and less about people, more about competition and less about cooperation.

"The costs of capitalism..."

That's as far as I got. If the author thinks that we live in a capitalist system, reading the rest of the article could only lower my IQ. Mercantilism is not capitalism.

Add to the poverty statistics is the failure to include those people who have not entered the job market, the recent college grads who have gone back home. I carry health insurance for two adult children, recent grads who are underemployed and unemployed. One child lives at home. have four friends also carrying adult children.

What sort of culture do we want? This is the discussion we need to have. Do we want a two class society with plutocrats and serfs or something else? Do we want a reasonable standard of living for all of us? When it gets bad enough for revolution the plutocrats will do what they have done throughout history. They will move out of the country and wait it out. Is this country worth saving or do those of us who can leave cut our loses and go.

The rich right doesn't need to get up and go to any job, they never have. No sending resumes, networking, working on business ideas, nothing- their residuals continue, the 'Murican hero wins "the lottery" and the Lord or some puritanical vetting of immense suffering rewards Royalty with their entitlements sanctified by the lord himself.
These assholes that enlist the already poor to attack their brothers use time tested techniques to compel them, it's such a travesty how severly controlled our access to information is, things are so poorly arranged.

"Due to the bad economy and plight of millions, American has become more about work and less about life. "

Actually, this is backwards. American life has become more about work and less about life, resulting in a bad economy and the current plight of millions.

@Dr Pangloss, if America is the best this world has to offer, this world is in deep shit.

OK thats some pretty scary stuff dude.

www.online-privacy.eu.tc

Even those living in poverty in the US have a better life then the majority of people in other countries. Poverty is NOT a cost of capitalism. I think the line should read "The costs of government manipulation of capitalism". Without capitalism our nation would look more like Russia. Not a standard of living I want. I've have lived at or below the poverty line and its not fun. But I won't give up capitalism for some other utopia that doesn't exist.

Articles like this are just dull in their presentation. It's never the individual's fault that they took out a loan they couldn't afford, nor is the fault of the government that allowed bad debt in exchange for political points. No, its the fault of the evil capitalist! The kind of thinking that the writer has presented is how we have gotten ourselves as a nation in the mess we are in. I suspect its a issue with this generation in general, i'll be happy when the boomer generation has to step aside and stop making fool financial choices.

The reality is that capitalism is working out just fine. People made extremely poor choices in both the loans they took out that they knew nothing about. Government removed the restrictions governing such transactions so that they could get political points, and banks allowed the transactions to occur because they thought they could shift the burden off to someone else (a lot of them did.)

And now we all are paying the price to bring the market back to equilibrium. In alternative economic systems that have been tried in the past (and are still in play in third world countries, sadly,) the entire system would have simply collapsed and a revolution would have taken place.

The fact is that our education system failed us first, our government second, and we the people failed ourselves by buying into the lie that you can have something for nothing.

Anytime you abuse a system with greed and incompetence you get failure as a result, and fail we did. America needs to learn from this failure of people, which has its roots in the sick and failed educational system, lick its wounds, and move on.

People who take the time to learn basic economic principles, save, start a small business, and work towards something meaningful will always win in the end.

What a bunch of tripe. We're going to call the continued existence of poverty a failure of capitalism? How impoverished are countries with less free countries? Capitalism (i.e. free enterprise) is the cure for poverty. Google "World Freedom Index" and do some actual research.

And the other metric you want to use is the number of people without health insurance? For crying out loud, health insurance? This just proves that you lefties really are a bunch of "middle-class socialist brats from some suburban family and you've never really had to work," in the words of Oingo Boingo. Just because your relatively affluent life in Western society lets you take certain things for granted doesn't make them basic rights of human existence, first of all. Second of all, instead of myopically focusing on health insurance, perhaps you should look at access to doctors, medicine, etc. You don't need health insurance to get health care, and our semi-free market has allowed the proliferation of affordable health care in this country and the rest of the world.

@Mr O

If you knew anything about history you would know that Russia's current economic problems are entirely due to a hasty and irresponsible shift to a capitalist system, one in which every piece of worthwhile property was sold off at ridiculously low prices to a privileged few, and those few continue to profit off this. Russia has one of the greatest divides between rich and poor, Moscow being the most expensive city in the world to live in and this all comes down to irresponsible capitalism, it has very little to do with the former communist Soviet Union,, in fact, speak with ANY Russian who experienced the collapse of the Soviet Union and they will tell you things were far better for Russians pre-1990. This fact is displayed clearly in the rate of alcoholism rising some 300% after the fall of the Soviet Union. Shit got bad in Russia, and it was capitalism's fault.

THE BEST THING IS TO GET A JOB. WORK NEVER KILLED ANYONE. THERE ARE PLENTIFUL JOBS--CAB RIVER, PUMPING GAS, SHOVING INSURANCE, BAG MAN FOR LAWYERS, FIRE DEPARTMENT, POLICE DEPARTMENT, HUSTLING FOR BILL COLLECTORS OR RUN FOR A CITY'S BUILDING INSPECTOR. LAST BECOME A THIEVING LAWYER, SHYSTER, AND STEAL FROM THOSE ON MEDICAID AND SOCIAL SECURITY.

I always found these labels (capitalism, democracy, communism, socialism, whateverism) to be way too vague and inaccurate to be useful.

Im afraid I might be struck down by the gods of unoriginality when I say that in America we have capitalism for the middle class and lower and socialism for the rich.

It does however illustrate different *isms for different folks. (it doesnt rhyme but its accurate).

No one cares about this, everyone talks about it but the attention span of the general sheep is about 2 minutes, then onto the next thing, "What's on the Jersey Shore tonight," "my Starbucks got cold," "why doesn't this whopper have more cheese?" There won't be a revolution, you're not dealing with the same type of people that would start one, regardless of how bad things get. People will be living in cardboard boxes and scrounging money so they can still text their friends and update their Twitter profiles.

Good article.. but if fails to point out that corporate (capitalist) influence in our own government is so strong that trillions were tossed at banks instead of health care. People try to easily blame the government for the bail out and thus say you can't blame capitalism as government are social institutions. But when your government is bought and sold by corporations time and again, it is safe to say that corporations(capitalism) is running our government not social ideology.
The founding fathers are turning over in their graves at the state of affairs in our government and our country...
We now have unlimited corporate contributions into our electoral process for the first time ever. All our military spending will not save our country as corporations tear it apart from within. Dividing up the spoils and relocating to another place on the planet when the country finally devolves into revolution. Banks and financial institution have been trying for years to get their hands in the coffers of the richest country it the world. I warn all patriotic Americans to wake up and see what is happening to our country. Don't watch the news watch how our senators and congressional representatives act, how they vote, find out for yourselves who benefits the most from the bills they pass, find out if they are receiving contributions from these entities. As you peal back the layers try not to vomit.

Well, here's another genius that agrees...

UNITED NATIONS — Iran's President Mahmoud Ahmadinejad says capitalism is facing defeat and is calling for an overhaul of the "undemocratic and unjust" global decision-making bodies. In a speech on the second day of a U.N. anti-poverty summit, the Iranian leader called on world leaders, thinkers and global reformers "to spare no effort" to make practical plans for a new world order.

Socialism = higher unemployment rates in all cases. Every socialist country has a "real" unemployment rate of close to 20%.

Here's why:
Who pays for socialism? Socialism is paid for by employees and the companies they work for. So that means that both companies and employees receive less money to spend. Companies sometimes spend money on hiring employees, and people tend to purchase goods and services from... you guessed it... companies. If both parties are receiving less, because they are paying more to keep the unemployed "temporarily" fed and sheltered - then both parties are spending less resulting in stunting further growth and essentially keeping people unnecessarily unemployed. If you want to decrease unemployment and poverty, don't over tax corporations and the people working for them. Then there is more money for people to spend, then there is more demand for goods and services and more people get jobs.

If more liberals and socialists put their hands into their own pockets and/or sacrificed their own personal time to help out those of us who are in need, our country (and the world) would be a much better place. Unfortunately you guys tend to be "all talk" when it comes to charity and many of you (not all of you) think that just because someone is born, that they have the right to be protected by a governmental umbrella of health care, food, clothes, shelter and transportation... for doing nothing and therefore should not have to get their hands dirty to help other people. To you people I say, "Mow lawns every day for free." After all everyone deserves free lawn care, right? One day you will find that eventually you will want to be paid for your services in some way, maybe not necessarily with money, but perhaps instead your services could be exchanged for food or shelter. Once that happens, you have become true capitalists.

To those of you who just wish that poverty could be eradicated, don't give up on that wish, keep brainstorming for solutions, but in the meantime reach into your pockets and leave your house and actually "directly" help those who are less fortunate than you instead of providing lip service on liberal blogs or just voting for health care reform as your charity.

To remainder you who actually walk the walk and talk the talk (I'm going to guess that's about 5 of you). Good on you!! Socialism is not the answer and it leads to more problems than it fixes. Keep coming up with ideas!

I know you were talking to Vort. But you were the one who still posted stupid shit. My facts are in check, you're making dumb assumptions. Ergo, you're still the moron here.

Please learn about the system

Hogorina Google ( Hogorita )

Tue, 09/21/2010 - 14:58 — Anonymous (not verified)

"To the person who said Mercantilism is not capitalism:
But it is a natural outcropping of the basic capitalistic ideal:
Get the most you can possibly get, while giving the least you can possibly give."

I realize that you probably went to public school, and had this drivel crammed into your head every day for 12 years, while your natural ability for critical thinking was slowly and intentionally eroded, but do you see that you've just described human nature (your own included)? Do you look for bargains, or buy things on sale? If something you want is available from several different sellers, do you buy from the one with the lowest price, or the highest?

Start two businesses. In the first, put out a shoddy product at a high profit margin. In the second, put out a quality product at a low profit margin. See which one prospers and which one goes bankrupt.

Compare any consumer product made in a capitalist country with that made in a socialist country. Cars made in the U.S. or Japan compared to cars made in East Germany or the old USSR are good examples. The cars from the US/Japan are much cheaper and much higher quality.

"That's the ideal underpinning all free market exchanges, and it is also the ideal underpinning the new Mercantilism."

Mercantilism is just the first step from capitalism to socialism. It's the government getting its foot in the door, with the goal of eventual total control.

It was taught in school that anyone could be elected to Congress, or the Presidential suite. This is true. Take a look at Eisenhower, Carter, Truman and all the way with L.B.J. Nothing could beat this pack of political whores. And don't forget the lady, Lewinsky. She did make it to the suite. This compounds the theory of relativity, that politicians can saddle both four-footed animals, when ever when both Republicans and Democrats gather. Her Majesty, Pelosi, will give them a good run,in picking a thorough bred, horse or donkey

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