“..All of this likely means little to the average American.
After all, we have our own economic problems.
But Americans should pay close attention to Mexico.
The United States, over the last several decades, has embraced monopolistic disaster capitalism .. and that is great for America’s 360 or so billionaires.
They are thriving even in the midst of the Great Recession/Depression.
But as they thrive the rest of America rots.
This is not an accident.
Capitalism, according to its system, will grow fantastic wealth at the very top.
The massive wealth of Carlos Slim in a terribly impoverished country is not an accident .. but a product of unregulated capitalism.
Alarmingly, though, America has embraced the exact same economy of Mexico .. and Americans expect different results than Mexico.
But that ain’t gonna happen.
I’ll let you in on a little secret.
The people at the top, America’s wealthy elite, know that ain’t gonna happen too.
By creating government policies to encourage the privatization of nearly all the wealth into the hands of the very few ..
.. and by taking away much of the wealth and resources for the public good ..
.. then you get what they have in Mexico .. and what we are beginning to see in the United States.
In short, you get a free market conservative’s dream or nightmare ..
.. depending if you are one of the hundreds of millions of people .. or one of the hundreds of the economic elite at the top.
The infrastructure of the country will decay, the cities will disintegrate, the citizens (or consumers as we like to call ourselves now) ..
.. will descend into poverty .. and the country will face civil unrest and turmoil.
So Carlos Slim is truly a success story of capitalism..”
go to source/story>>Capitalism: A Success Story–The World’s Richest Man in an Impoverished Country « Bodhi Thunder
