I do not think they are capitalists, I think that it is a plutocracy. Any notion that there has been a mostly capitalist economy in the country should have ended with "to big to fail".
I believe that there have been times when our country has been more capitalist and less capitalist. Capitalism seems to end up creating large enough winners that they quickly work on capturing the governmental means of regulation and move toward a plutocracy in which the winners cannot, via any normal economic process, be anything other than winners. That is, they turn to extra-economic means to solidify their place in a plutocracy. Eventually (at least previously), there is enough push back that the plutocracy gets torn down a fair bit and the pendulum swings more toward the socialist end of the spectrum. Even at this point, we've always been significantly more capitalist than many economies, but certainly less so than at other points in our history. Gradually, however, regulation starts to get eroded in name of business nimbleness and success and that seems to work for awhile until consolidation of money leads to a consolidation of power and we move back toward a plutocracy. I'd like to think that there is a way to achieve a reasonable balance and make a stable environment where we have a lower level of regulation but do not have a situation that tends toward plutocracy. I'm not sure if that is really possible, though, the environment for business and government may just be too dynamic to find a stable state. Not really sure. Cheers, Judah On Mon, May 12, 2014 at 9:08 AM, LRS Scout <[email protected]> wrote: > > Do think the ruling class in America today is "capitalists"? > > Open question to the group. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:370063 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
