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Slow but steady growth that outpaces inflation is kind of the ideal. The US also doesn't have the population issues Japan has. The Jacobian is also far left garbage. Why is this even posted here?
Of course, with that user name, you'd think that Jacobin, a barely left of center magazine, is far left garbage.
Jacobin, from the US, is in a country with no right wing? The US is only right wing, Democrats being the center right and Republicans being the fascist right.
I'll back you up on this. Both points.
The thing most people forget about capitalism is that Adam Smith's invisible hand, eg the consumers, was meant to bend companies towards their will. Smith wrote a whole book on how important morality is too.
His ideas got wildly corrupted after WW2 by those looking to resist the potential for new hitlers, and they took it WAY too far... It was never meant to become anarchy for corporations, but if you ask a typical boomer, raised in the overpropagandized post WW2 era, that's what it has become.
Younger folks dont have to continue that boomer shit. We can go back to the original ideas of a decentralized economic system where consumers bend corporations to their will
It's worth looking up who the Jacobins were, btw...
They cut the heads off the French leaders during the revolution and that lead directly to Napoleon's rise, and he was a lot worse than what we got with Trump.
There were company stores, child labor, and pinkertons before WW2, I'm not sure where you're getting the idea that it was all peachy before 1945.