Our economy

thegreatdebater (1033) ranked 1 out of 46 in left sided politics

3 months ago

I was listening to someone yesterday talk on CNBC about our current economy, and it's future. This intelligent man ask a very interesting question: Why is our current economy based on a 19 and 16th century model? Our world has evolved so much during this time, yet our economy is still based on a mixture of Capitalism and Socialism. What do you think?

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tags:

economy, socialism, capitalism

dawnald (9603) ranked 6 out of 46 in left sided politics

3 months ago

I think it's not working. But I have no background in economics, so I really couldn't tell you why.

thegreatdebater (1033) ranked 1 out of 46 in left sided politics	3 months ago
You are correct. I don't have a degree in economics, but when you have 95% of the people controlled by 5%, then you are going to have a lot of problems. And, that is what we got right now.

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