Why Regulate Capitalism?
The picture of this little boy really is impactful, but in truth, I actually don’t need a photograph; I simply think of:
• Endless wars to support and grow the military-industrial complex
• 22 million American children living in poverty
• Rollbacks in banking regulations making us vulnerable to economic recessions or depressions, the brunt of which will not be borne by the perpetrators, but by you and me
• Law-makers responsible only to large donors
• Socialism for the rich / Bailouts for huge corporations
• Disintegration of organized labor
• 40% of Americans can’t afford an unexpected expense of more than $400
• Looting the U.S. Treasury to create huge tax cuts for billionaires
• U.S. president profiting from his office with complete impunity
• Rolling back environmental standards to make business operations more profitable
• Suing states to force them to repeal renewable energy portfolio standards
• Reducing funding and cutting programs for public schooling
• Minimum wages that require people to work two or three jobs
• Planned cuts for Social Security, Medicare, and Medicaid
• For-profit prisons and detention centers providing inhumane conditions
• Tax loopholes for the rich