The Fascists Are Coming for Your Social Security and Medicare


Common Dreams has the article The Fascists Are Coming for Your Social Security and Medicare.

Here is an excerpt that is just a hint of all the truths revealed in the article.

For thousands of years, economists and economic observers from Aristotle to Adam Smith to Thomas Piketty have told us that a “middle class” is not a normal byproduct of raw, unregulated capitalism—what right-wing ideologues call “the free market.”

Instead, unregulated markets—particularly markets not regulated by significant taxation on predatory incomes—invariably lead to the opposite of a healthy middle class: they produce extremes of inequality, which are as dangerous to democracy as cancer is to a living being.

When people ask why a country like the USA that creates its own money out of thin air has to collect taxes, remember the quote from above.

… markets not regulated by significant taxation on predatory incomes—invariably lead to the opposite of a healthy middle class …

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