Does American Capitalism Still Work?
HTML-код
- Опубликовано: 27 июн 2024
- In a time of growing wealth disparity and evolving societal values, can capitalism adapt to sustain the American Dream?
Now in its 20th year, the Aspen Ideas Festival is the Aspen Institute’s signature summer public event. From June 23-June 29, 2024 more than 300 leaders and innovators gather in the Rocky Mountains to engage in deep and inquisitive discussion of the issues that shape our lives and challenge our times, spanning politics, business, science, the arts, education, and more. #AspenIdeas
For more information about the Aspen Ideas Festival, visit www.aspenideas.org.
Why are we letting hedge funds and corporations and foreign investors buy all of our single family homes?
Because they pay for political campaigns
If they don’t buy, no one to build.
It is not allowed in other capitalistic countries. We should have 75 percent tax on income from SFR that is non owner occupied!
They haven't bought my home.
Kay Bailey Hutchison is disconnected from reality and lives in a dream world.
Politics determines how wealth is distributed within a country, while wars and diplomacy determine how wealth is distributed between countries.
The citizens of the world's richest country with the most expensive military are enjoying these benefits of Capitalism: Economic inequality, inflation, stagnant real wages for the last fifty years, costly healthcare, an expensive education system, student loan debt totaling $1.7 trillion with an average balance of $38,000, poor public transportation systems, racial inequality, mass incarceration, the militarization of police, deteriorating infrastructure, housing affordability, homelessness, the opioid epidemic, and gun violence.
Instead of prioritizing the welfare of its people, the US meddles in other countries to spread its version of democracy. The question is whether the USA can continue to survive with its version of democracy, not whether it can have any leadership role in the global order.
I
It seems democracy has already died. We the people no longer get to pick our political candidates. Those higher up in the echelon decide who they will let run and then they give the majority of donations to their number 1 pick.
The republic died when SCOTUS further tilted political influence toward wealthy donors and corporations. Citizens United.
So basically America is an Aristocracy. If Trump wins this next election America will be a Plutocratic Theocracy.
It is an indication of how thoroughly dysfunctional our political discourse is that we can have a conversation about problems of capitalism but hear no mention of the problem of externalities and no mention of the idea that natural wealth belongs to all.
If a person--especially if a policy-maker--believes that workers should have a normal amount of bargaining power, they should call for equal sharing of natural wealth. UBI is a general idea. It can be made into a principled policy (not just another demand on government for handouts) by basing it on the idea that air and water and other natural resources belong to all.
IF we charge fees proportional to how much industries take natural resources, emit pollution or destroy wildlife habitat, the money collected would represent the value to society of the resources and services made by natural processes, not human effort. The money should be shared equally. Abject poverty would be eliminated. (This should be a global policy.)
Industries would feel an economic incentive to *reduce* harm to the environment. Profit would align with sustainability.
What is free trade, allowing our corporations to do anything that makes them the most profitable at the expense of others. Polluting our environment, creating slave trades in less advantaged countries.
Shouldn’t our corporation be practicing fair trade as opposed to free trade? The term free trade is thrown out there without thinking about the consequences it causes.
54:45 Very comprehensive.
Senator Hutchinson was a waste of time having on. All others were really great.
Price gouging is rampant everywhere. Not sure that has anything to do with inflation. Seems to me that corporate profits aren’t hurting one bit.
It costs much less to go to a market or a grocery store to buy fresh vegetables and fresh food as opposed to purchasing processed foods. Most people are buying door dash and fast food, because it’s more convenient not because it’s more affordable. Fast food cost about $15 dollars up. I can go by ten to fifteen different items from a grocery store. So sometime it’s a financial literacy issue and it’s a problem of American convenience. I tell people all of the time, it’s the new currency it’s much more valuable than cash..
Lonely island & Michael Bolton
You must eat da bugs.
7:51 American Democracy does not exist without capitalism. Capital will always influence policy making. So…make better decisions with your money, and good hearted people will use their new money well
UM May I UM suggest that you UM attend a Toastmasters Club meeting.❤️❤️❤️❤️❤️❤️
53:29 This woman now speaks as if she knows not what incentives are.
"The Bail Out Nation".
My answer: definitively not. The evidence is in.
11:02 not a fan of these talking points. people live well above their means
credit to her though
Why is Kay Bailey Hutchison part of this conversation?! Maybe to show how clueless people like her are! Why don't we get candidates like Katie Porter for president?!
Free market. 100% tariffs on Chinese imports. LOL
American capitalism do work. Thats why all investment shifted to most efficient region and that is china.
hahah buddy Chinese are smart, hard working people. However there has been a net outflow of capital this year from china. China is panicking, all sovereign wealth has been parked in USA that's why our stock market roars to ATHs
USA will not have this luxury forever, but it could very well have it for another 50 years because we have no reserve currency rivals other than crypto currency...the Chinese economy is a closed loop economy. BRICS should be successful, but it will take decades to get network effect achieved by the dollar
Pepole eat fast food regularly because they either don’t want to cook or don’t know how (of course, it is also very addictive and a big dopamine hit every time).
Capitalism the religion. 😂😂😂