If you’ve been paying attention, you know that the U.S. is not going to have a capitalist crisis anytime soon.
The global economy has been on a slow but steady growth path for the past few years.
This is in spite of the economic downturn that began in the summer of 2009.
But the U., a wealthy nation that has historically been a bastion of capitalism, has become an increasingly vulnerable economy, with high levels of unemployment and the financial crisis, the latter of which has brought the entire U.s. economy to a standstill.
That’s what we call a crisis.
Now, if you’re like me and you haven’t been paying much attention to the economy, this is probably a bit surprising to you.
But that’s the reality of capitalism.
We’ve become so dependent on the financial sector that even the largest corporations are not making enough money.
And we’re paying the price for that.
We live in a world where we have to pay more and more for everything, not just for food and clothing, but for everything from energy to health care.
This week, the New York Times reported that as many as two-thirds of Americans live in debt.
The United States now has $19.6 trillion in debt, more than $20 trillion of which is in mortgages and other types of debt.
We’re living in a society where the average American household owes about $26,000 on their home, which means that one person has an average of $27,000 in debt at the end of the year.
So how do we get out of this situation?
One answer is to radically overhaul the U, which is why the U is so critical to the survival of our economy.
The U has a long history of creating wealth for its citizens, but now that we’re living through a capitalist economic crisis, it’s clear that we have an even longer history to create wealth for ourselves.
Capitalist prosperity is a social phenomenon that can only occur when it’s rooted in the community, the nation, and the planet.
And if we are to achieve a truly equitable society, it requires a society that is rooted in all of those things.
This means a society in which people are treated equally, and where everyone is given a fair shot at economic success.
To do that, the U needs to take seriously the economic crises that are tearing the country apart, and it also needs to develop a political economy that works for all people.
The way to create a society rooted in capitalism is through a massive redistribution of wealth.
We need to change the system of taxation, the system that rewards the wealthiest people in society.
We also need to fundamentally rethink the way we finance our public services, and make sure that our money is spent wisely and in a way that does not undermine the environment, the health of our communities, or the health and well-being of our children and grandchildren.
If we’re going to create the kind of society that we know we can have, then we must begin by reforming the U to make it more equitable and sustainable.
This article was originally published on Bloomberg View.
Share this: Twitter